The exchange’s founders face charges of running an unlicensed money services company Only weeks after its co-founder arranged to disband the crypto exchange as part of his guilty plea in a Brooklyn court, Bitzlato announced it must “temporarily suspend” all Bitcoin withdrawals. In a December 27 post on its Telegram channel, the firm asserted this
Another crypto exchange succumbs to the greed of a few criminals The leaders of the JPEX crypto exchange are still on the run, and Hong Kong police have enlisted Interpol’s help to locate the suspects. The masterminds behind the crypto exchange scandal, said by many to be the biggest financial fraud ever to hit Hong
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