Crypto exchange Bitvo has not agreed to cooperate with FTX

Crypto exchange Bitvo has not agreed to cooperate with FTX

user avatar

by dapp_writer005

4 years ago


Trading platform Bitvo rejected the possibility of working with FTX, arguing that the site had not previously sold tokens from the collapsed cryptocurrency exchange.

One of Bitvo's shareholders, Pateno Payments, stopped the deal to buy FTX Canada and FTX Trading. Representatives of the crypto platform claim that Bitvo continues to operate normally, and this situation has absolutely no effect on its work, and all operations and transactions are carried out strictly according to plan.

Also, Bitvo from the very beginning of its work has always been an independent platform for the implementation of cryptocurrencies and assures that it has absolutely nothing to do with the collapse of FTX, since FTTs have never been placed on it.

We do not work with clients "in debt". And always adhered to this principle. This also confirms our position as a "dealer with limited capacity", set by the Canadian securities regulators.Bitvo

The employees of the organization do not hide their joy that the deal fell through, as they understand how this could affect the work of the entire crypto exchange. It should be noted that there is an element of luck in this, because the deal, they made in June, was awaiting the approval of the Alberta Securities Commission, but they were delayed with the review.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

OpenAI Claims to Solve Navier-Stokes Equations Amid Controversy

chest

OpenAI announced on September 8, 2026, that it has solved the Navier-Stokes equations, a significant problem in mathematics, but faces criticism from NYU mathematician Tristan Buckmaster regarding the originality of the solution.

user avatarTenzin Dorje

Cronos Reverses Transactions to Mitigate Exploit Damage

chest

Cronos blockchain network rolled back nearly two hours of transaction history to recover funds after a significant exploit of the Tectonic lending protocol.

user avatarBayarjavkhlan Ganbaatar

MEXC Introduces Opportunity Compass for Enhanced Market Understanding

chest

MEXC has launched Opportunity Compass, an educational initiative aimed at helping users understand both crypto and traditional financial markets.

user avatarMohamed Farouk

MEXC Introduces Opportunity Compass for Crypto Education

chest

MEXC has launched Opportunity Compass, an initiative aimed at educating cryptonative users about global markets and financial opportunities.

user avatarElias Mukuru

Zoomex Highlights Market Volatility Amid Economic Shifts

chest

Zoomex highlights its platform's capabilities during a week of sharp market volatility driven by economic data, enabling traders to respond in real-time.

user avatarDiego Alvarez

Tesla Faces Regulatory Scrutiny, Stock Drops

chest

Tesla's shares fell 6% following a new investigation into its autonomous vehicle technology by the National Highway Traffic Safety Administration, highlighting the impact of regulatory scrutiny on the stock market.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.