SEC filed to dismiss civil action against Coinbase
The SEC filed to dismiss its civil enforcement action against Coinbase in February 2025, ending the lawsuit that began in 2023.
Status effect: activeConfidence: highDirect event-linked evidence: 2
Reviewed event layer
Exchange incidents
Browse reviewed exchange incidents and lifecycle disruptions linked back to entity dossiers and supporting evidence.
Page 5 of 20 · showing 101–125 of 485
Timeline events485
Affected exchanges286
Critical events274
Event-linked sources825
Leading recorded types
Incident mix
2025
14 events on this pageHackcritical
Bybit suffered a record-scale Ethereum wallet hack
Bybit suffered a record-scale Ethereum wallet hack in February 2025, with reports estimating about USD 1.4-1.5 billion stolen from a cold-wallet transfer/signing process while the exchange continued operating globally.
Status effect: limitedConfidence: highDirect event-linked evidence: 2
Shutdown effectivecritical
Mango Markets final closure date reached
Mango's official shutdown update set February 3, 2025 as the final closure date and asked users to close positions before that time.
Status effect: deadConfidence: highDirect event-linked evidence: 1
Mercatox closure update posted
Public exchange-status sources stated that Mercatox had closed down operations and would cease responding to user inquiries on 2025-04-01.
Status effect: limitedConfidence: mediumDirect event-linked evidence: 0
B2BX Estonian virtual-asset license ended
B2BX Digital Exchange OÜ's Estonian virtual-asset-service license ended after the company renounced it during a supervisory proceeding.
Status effect: inactiveConfidence: highDirect event-linked evidence: 1
Closure process began after domestic blocking and investigation context
KUNA's founder announced that the exchange would wind down commercial operations after domestic blocking connected to Ukrainian enforcement and court action.
Status effect: limitedConfidence: highDirect event-linked evidence: 2
KuCoin pleaded guilty in a U.S. unlicensed money-transmission case
Peken Global Ltd, operating as KuCoin, pleaded guilty to operating an unlicensed money-transmitting business, agreed to more than $297 million in fines and forfeiture, and accepted a two-year exit from the U.S. market.
Status effect: limitedConfidence: highDirect event-linked evidence: 1
Withdrawals suspendedcritical
Phemex temporarily suspended deposits and withdrawals
Phemex suspended deposits and withdrawals across chains as an emergency response to the hot-wallet incident, then resumed chains and assets in staged updates.
Status effect: limitedConfidence: highDirect event-linked evidence: 0
Hackcritical
Phemex detected a hot-wallet security incident
Phemex detected unusual activity in its hot wallet and described the incident as a hacker attack, isolating affected devices and contacting security firms and law enforcement.
Status effect: limitedConfidence: highDirect event-linked evidence: 2
BitMEX fined after company guilty plea
Reuters and WSJ reported that BitMEX was fined $100 million by a U.S. judge after the company pleaded guilty to a Bank Secrecy Act-related charge over anti-money-laundering failures.
Status effect: activeConfidence: highDirect event-linked evidence: 1
Shutdown effectivecritical
Mango Markets wind-down proposals became executable
Governance proposals tied to the wind-down became executable on January 13, 2025, effectively ending core borrowing/lending/trading viability on Mango v4 / Boost.
Status effect: deadConfidence: mediumDirect event-linked evidence: 1
Shutdown announcedcritical
Mango Markets announced it would shut down
Mango Markets announced that users should close positions and that Mango v4 / Boost were winding down, with governance proposals set to make most borrowing economically unviable.
Status effect: inactiveConfidence: highDirect event-linked evidence: 1
BCM independent user platform transitioned after Kraken acquisition
BCM and Kraken support materials indicated that BCM clients would be migrated or directed to Kraken following the acquisition, with BCM account closure or transition communications centered on 2025-01-07.
Status effect: deadConfidence: highDirect event-linked evidence: 3
Grinex was sanctioned by multiple jurisdictions
Reuters reported that Grinex had been sanctioned by the United States, United Kingdom, and European Union in 2025, with U.S. authorities linking it to sanctions-evasion infrastructure involving the A7A5 ruble-backed stablecoin.
Status effect: limitedConfidence: mediumDirect event-linked evidence: 0
2024
11 events on this pageShutdown effectivecritical
BL3P trading shut down and balances migrated to Bitonic
BL3P ended trading, deposits, and withdrawals on December 20, 2024 and began transferring remaining user balances to Bitonic accounts.
Status effect: deadConfidence: highDirect event-linked evidence: 2
Shutdown effectivecritical
Nominex was moved to dead-side handling
Public exchange-status sources marked Nominex as dead on 2024-12-18 after the closure announcement for its centralized exchange.
Status effect: deadConfidence: highDirect event-linked evidence: 2
Nominex announced closure of its centralized exchange
Nominex informed users by email that it was closing its centralized exchange for economic reasons and advised users to withdraw funds as soon as possible.
Status effect: limitedConfidence: highDirect event-linked evidence: 1
Bankruptcy filingcritical
Bankruptcy proceedings opened against Lykke Corp
The Zug Cantonal Court opened bankruptcy proceedings against Lykke Corp on December 16, 2024, dissolving the company into liquidation.
Status effect: deadConfidence: highDirect event-linked evidence: 1
Lawsuithigh
Former WEX head arrested in Poland
Polish authorities arrested Dmitry Vasilyev, described in reporting as a former WEX head, on suspicion of fraud and money laundering tied to the exchange's operations and missing funds.
Status effect: deadConfidence: highDirect event-linked evidence: 1
Shutdown announcedcritical
DMM Bitcoin announced customer transfer to SBI VC Trade
DMM Bitcoin announced an agreement to transfer customer accounts and assets to SBI VC Trade, with the transfer path replacing a restart of DMM Bitcoin's own exchange service.
Status effect: inactiveConfidence: highDirect event-linked evidence: 2
Shutdown effectivecritical
Fairdesk reached its announced final closure date
Fairdesk's published wind-down schedule set 2024-11-30 as the permanent closure date after a withdrawal-only period.
Status effect: deadConfidence: highDirect event-linked evidence: 2
Shutdown effectivecritical
Binance DEX reached its terminal state with the Beacon Chain sunset
After BEP-151 decommissioned the native DEX module, BNB Beacon Chain halted and stopped processing new transactions in the final sunset fork.
Status effect: deadConfidence: highDirect event-linked evidence: 2
Shutdown effectivecritical
AgoraDesk / LocalMonero wind-down completed
The official wind-down schedule said the website would be taken down after 2024-11-07 and that users should recover any remaining arbitration bond funds before that date.
Status effect: deadConfidence: highDirect event-linked evidence: 4
Shutdown effectivecritical
LocalMonero final shutdown date reached
The official shutdown schedule set November 7, 2024 as the final website shutdown date after earlier trade and withdrawal deadlines.
Status effect: deadConfidence: highDirect event-linked evidence: 2
Shutdown announcedcritical
Bitonic announced the closure of BL3P
Bitonic announced that BL3P would close on December 20, 2024, citing new regulation including MiCA and a decision to focus on the Bitonic platform.
Status effect: inactiveConfidence: highDirect event-linked evidence: 1