1Broker says Bitcoin futures site will start processing withdrawals today

posted 5 months ago
Bitcoin futures firm 1Broker, which has been charged with violating a number of US securities laws, has announced that it would reopen withdrawals today. The trading platform, which was accused of acting as an unregistered security-based swaps dealer, as well as violating money laundering and wire fraud laws, saw its website seized by the FBI late last month. The platform said it was seeking US counsel to fight the charges.

On Wednesday, it added in a tweet that "We will start processing withdrawals tomorrow at 12:00 (UTC). Thanks for your patience in the past days!" The company has said in a statement that it holds sufficient funds to cover any and all withdrawal requests, but that it needed permission from US authorities to enable this function first.
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