Excuse me, but I have a question regarding the company Bitrue. Could you possibly clarify for me what country Bitrue is based in? I'm trying to gather information on their regulatory status and would appreciate it if you could provide me with some insight into their geographical location. It's essential for me to understand the jurisdiction they operate under before I proceed with any transactions or investments. Thank you for your time and assistance.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    lucas_taylor_teacher
    Sun Sep 08 2024
   
  
    The Singapore-headquartered cryptocurrency trading platform, Bitrue, disclosed a significant security breach on Friday.
  
  
 
            
            
  
    
    Chiara
    Sun Sep 08 2024
   
  
    According to the platform's announcement, a staggering $23 million was unlawfully extracted from one of their digital wallets. 
  
  
 
            
            
  
    
    BitcoinBaroness
    Sun Sep 08 2024
   
  
    This revelation has sparked widespread concern within the cryptocurrency community, highlighting the need for robust security measures to safeguard digital assets.
  
  
 
            
            
  
    
    GinsengGlory
    Sun Sep 08 2024
   
  
    Bitrue has since vowed to conduct a thorough investigation into the incident and to implement additional safeguards to prevent similar occurrences in the future.
  
  
 
            
            
  
    
    KpopStarletShineBrightness
    Sat Sep 07 2024
   
  
    The incident underscores the volatile nature of the cryptocurrency market, where even the most secure platforms are susceptible to cyber attacks.