Japanese Social Giant LINE's Crypto Exchange Bitfront to Close

Bitfront, the crypto exchange owned by Japanese social giant LINE, announced that it will close. 

Currently, Bitfront has suspended new signups and credit card payments, and deposit and interest payments of the interest products will be suspended on December 12th. Interest for deposits made from December 5th, 2022 to December 11th, 2022 will be paid on December 13th, as well as the forced withdrawals of all deposits and interest of LN/LN interest products will be made. Crypto and USD deposits, trade, and cancellation of open orders will be suspended on December 30th. Users can withdraw assets until 13:00 UTC on March 31st, 2023.

Source

Exchanges

Related News
Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
MEXC Extends DEX+ Platform to Binance Smart Chain Users MEXC Extends DEX+ Platform to Binance Smart Chain Users
MEXC Partners With Hacken to Increase Security Standards MEXC Partners With Hacken to Increase Security Standards
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Latest News More More
19 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
19 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open