Phemex CEO: USDT and USDC withdrawal functions are being gradually restored

Odaily News @Federico0x, CEO of crypto exchange Phemex, said that the platform is gradually restoring the withdrawal function of USDT and USDC. All applications will be manually reviewed by the security team and may require a certain amount of waiting time.
In addition, Phemex has taken a snapshot of user balances at 12:00 UTC and will launch a reward program in the future to thank users for their support and loyalty. The Bitcoin withdrawal function will also be available soon, and Bitcoin wallets were not affected by this incident.