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Phemex CEO: Expected to resume withdrawal services for USDT and USDC in approximately 6 hours

2025-01-24 08:22

According to Foresight News, Federico0x, CEO of cryptocurrency exchange Phemex, stated that it is expected to resume withdrawal services for USDT and USDC in approximately 6 hours (around 22:00 Beijing time on January 24th), while ensuring the security of the hot wallet is currently the main task. Other services such as MemeX will also be restarted during this period. Foresight News previously reported that there were multiple suspicious transactions in Pheme's hot money package yesterday, and digital assets worth over $29 million have been transferred. Subsequently, Pheme announced that it will temporarily suspend withdrawals.

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