Crypto Exchange CatalX Halts Trading and Withdrawals
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Canadian crypto exchange CatalX has temporarily halted trading, deposits, and withdrawals due to a potential security breach.
The company suspects that one of its employees may be involved, and while they have acknowledged the loss of some cryptocurrency assets, the exact amount has not been disclosed.
To investigate the incident, CatalX has enlisted the help of Deloitte LLP for specific services. The exchange’s website currently displays a message stating technical difficulties.
In 2023, the Alberta Securities Commission ordered the exchange to cease trading and launch an investigation.
Founded in 2018 and licensed by FINTRAC, CatalX previously reported problems with funds in ETH, TRON, and MATIC.
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