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      Bitget Suspends Withdrawals Following $165 Million Transfer

      Bitget, a cryptocurrency exchange, has temporarily disabled withdrawals for all assets after a significant transfer of $165 million to a single address. The exchange's public API indicated that withdrawals are disabled across all 4,930 asset-network entries, while deposits and spot trading remain operational.

      The decision to halt withdrawals comes amid heightened scrutiny in the cryptocurrency sector, where security and liquidity concerns are paramount. Users of the platform can still deposit funds and engage in trading activities, but the inability to withdraw assets raises concerns among investors about the safety of their holdings.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud