WBF Exchange has been delisted by major cryptocurrency exchanges such as Binance and Huobi due to allegations of money laundering, fraudulent practices and regulatory issues, resulting in investor losses, reduced market trust and regulatory concerns.
WBF exchange has been delisted
On March 14, 2023, Binance and Huobi ) and other major cryptocurrency exchanges announced that they have delisted WBF Exchange.
Reason for delisting:
The main reason why the exchange delisted WBF is:
Impact:
The delisting of WBF had the following impact on the cryptocurrency market:
Follow-up:
The authorities are investigating WBF’s activities and have frozen its assets related to it. Investors should be cautious about investing in exchanges with poor reputations or inadequate regulation.
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