BitForex to Resume User Withdrawals After $57M Outflow and Police Investigation in China

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10 months ago bitnews

BitForex is set to reopen user withdrawals following a prolonged closure triggered by a police investigation in China. Users will be required to complete Know Your Customer (KYC) processes to access their funds; meanwhile, trading and new registrations remain paused. In February, a $57 million outflow prompted local authorities to detain the BitForex team, leading