Crypto exchange Catalyx has temporarily halted all trading, deposits, and withdrawals following a security breach that resulted in the loss of some customer funds. CatalX CTX Ltd., the company behind the Canadian exchange, has launched an investigation into the incident, which is believed to be linked to an employee. The exact amount of money lost has not been disclosed. Furthermore, Canadian regulators have ordered Catalyx to cease all trading of crypto contracts and have initiated their own investigation. CEO Jae Ho Lee has agreed to comply with the 15-day freeze order issued by the Alberta Securities Commission, which expires on January 5.
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Crypto Exchange Catalyx Suspends Trading, Withdrawals Following ‘Security Breach’
