Australian Securities and Investments Commission warns against trading with Yepbit, citing inability to withdraw funds and false regulatory claims

2026-08-12 14:57 Source： www.asic.gov.au Event types： Online/Update 、 Regulation/Compliance 、 Marketing/Whale

The Australian Securities and Investments Commission (ASIC) issued a warning stating that Yepbit and Yepbit Exchange have been subject to complaints from multiple investors regarding an inability to withdraw funds. ASIC pointed out that the platform claimed the Australian Securities and Investments Commission froze user funds to comply with audit or regulatory requirements. Such claims are false and are intended to deflect investor refund requests.