Crypto Exchange BKEX Halts Withdrawals Amid Money Laundering Investigation

In a surprise announcement on May 29, 2023, BKEX, one of the major cryptocurrency exchanges, has temporarily suspended user withdrawals due to alleged involvement in money laundering activities. The company is currently assisting police in their investigations, taking this step as a precautionary measure to support the law enforcement’s evidence-gathering process.
The exchange has reportedly been cooperative with regulatory agencies involved in the investigation, pledging to do everything within its power to return to normal operations as swiftly and smoothly as possible. BKEX has highlighted its commitment to protecting user rights throughout this ordeal.
In the official statement, the BKEX team emphasized …

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