Shock in Turkey - Another Turkish Crypto Exchange, Vebitcoin, Stops Trading
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Turkish-based crypto exchange Vebitcoin announced that it had halted trading activities on its platform.
“Recent developments in the cryptocurrency sector have led to an intensity in our transactions. This causes delays in responding to your withdrawal requests and support emails. Your transactions can take longer than expected. FYI,” Vebitcoin said in a statement.
On Thursday, Turkish cryptocurrency exchange Thodex abruptly halted trading on Wednesday citing an unspecified partnership transaction, spurring complaints from users who can’t access their digital assets.
Allegedly, Thodex CEO Faruk Fatih Özer left the country last evening and deleted his social media accounts.
One estimate put the locked-up funds at between -10 billion.
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