THORSwap, a decentralized exchange built on the THORChain RUNE/USD platform, revealed concerns about the possible movement of illegal funds through its platform.
The exchange has always maintained a strong stance against any form of criminal activity and has taken immediate steps in response to these concerns, the exchange said in a statement.
As the digital asset industry evolves, it's vital for security and transparency to be a top priority. This sentiment is echoed by numerous industry experts and will be a focal point at the upcoming Benzinga's Future of Digital Assets conference on Nov. 14, where leaders in the crypto industry will discuss challenges and solutions in the rapidly changing landscape.
The measure aimed at reducing any further illegal activities and ensuring the safety and integrity of the platform and its users.
The person or group responsible for questionable transactions from FTX, often called the FTX, is known as the person or group responsible for the failed cryptocurrency platform.
At Benzinga's exclusive event, the Future of Digital Assets, meet and engage with transformative Digital Asset and Crypto business leaders and investors.