Wyre Shuts Down Due to Bear Market Pressures

Crypto payment company Wyre, based in San Francisco and serving for over a decade, announced on June 16th that it is shuttering due to the financial difficulties caused by the ongoing bear market. The firm clarified that its decision was not related to any US regulatory authority. Wyre’s Closure In a blog post, Wyre stated it had made a difficult decision to best protect the interests of its key stakeholders and customers. It continued, “Wyre continues to secure customer assets. If you have assets on the platform, you can continue to withdraw them via Wyre’s control panel until Friday, July 14. After that date, a separate process will be initiated to recover any remaining assets on the platform.” Wyre’s team also mentioned that the company’s assets are currently available for purchase, stating, “If you’re interested in buying Wyre’s or its affiliates’ assets, please reach out to 88 Partners.” The company […] The post Wyre Shuts Down Due to Bear Market Pressures appeared first on COINTURK NEWS.