• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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

3 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

AI Firms Face Legal Scrutiny Over Copyright Issues

chest

AI firms are facing copyright lawsuits from authors and publishers over unlicensed use of their works for AI training.

user avatarKenji Takahashi

Arizona Advances Bill for Public Cryptocurrency Reserve

chest

Arizona lawmakers have moved forward with a bill that could establish a public reserve for cryptocurrency, including XRP.

user avatarDiego Alvarez

UNESCO Report Highlights Potential Revenue Losses for Creators Due to AI

chest

UNESCO's report forecasts significant revenue losses for music and audiovisual creators by 2028 due to the rise of generative AI.

user avatarMaria Fernandez

Solana's price faces a downturn.

chest

Solana's price has dropped below key support levels, indicating a bearish trend.

user avatarGustavo Mendoza

Lyn Alden Foresees Gradual Fed Policy Changes Impacting Bitcoin

chest

Lyn Alden predicts that the Federal Reserve will adopt a gradual approach to balance sheet expansion, impacting Bitcoin's market position.

user avatarRajesh Kumar

Surge in Whale Activity on Binance Amid Market Correction

chest

Surge in whale activity on Binance as large Bitcoin holders increase their movements, indicating potential market actions amid uncertainties.

user avatarLuis Flores

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.