Phemex: It is expected to resume USDT and USDC withdrawal functions in 6 hours.

On January 24th, the CEO of cryptocurrency exchange Phemex said in a post that it is expected to resume the withdrawal function of USDT and USDC in 6 hours. The platform said that ensuring the security of the hot wallet architecture remains a top priority. Meanwhile, other services such as MemeX will also resume during the same period.
Earlier news, Phemex stolen assets or more than 29 million dollars.