What happens to BitForex?

Could you elaborate on the current status of BitForex? Have there been any recent developments or changes that might affect its operations or the market perception of the platform? Are there any concerns or risks associated with BitForex that investors should be aware of? How does the platform compare to its competitors in terms of security, fees, and available trading pairs? What steps is BitForex taking to ensure the safety and stability of its users' funds and transactions?