On February 23, the BitForex exchange's hot wallet experienced a fund outflow of 56 million USD, and user withdrawal requests were hindered

ChainCatcher news, according to on-chain detective ZachXBT's monitoring, the cryptocurrency exchange Bitforex experienced a fund outflow of approximately $56.5 million from its hot wallet on February 23. Shortly after the fund outflow, user withdrawal requests were suspended, and the exchange has not issued any official announcements to date. Currently, users are attempting to contact the Bitforex team through social media for answers.

It is reported that a month ago, the CEO of Bitforex announced his resignation. Bitforex holds 18% of the TRB supply and 7% of the OMI supply.