| Founded | 2018 |
|---|---|
| Closed | 2023 |
| Country | China |
| Sector | Crypto |
| Collapse type | Regulatory Kill |
Hotbit
"Hotbit froze millions of users' funds in 2023, blaming a criminal probe into a former partner for its sudden shutdown."
Forced closure by regulatory action
Key Events Timeline
Hotbit, a crypto exchange serving millions of users globally, abruptly halted all services in May 2023.
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