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Mercado Bitcoin Freezes $12.9 Million as Services Stay Suspended

The exchange values affected assets at about $36.3 million and says customer balances remain recorded in their accounts.

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A hand pauses above a dark smartphone on a bare counter / TokenPost.ai
A hand pauses above a dark smartphone on a bare counter / TokenPost.ai

Mercado Bitcoin has frozen $12.9 million in assets connected to a security incident, while its platform and app remain suspended as the exchange works to confirm services can safely resume.

The affected assets are valued at about $36.3 million. Mercado Bitcoin said customer assets are protected and balances remain recorded in their respective accounts.

The frozen amount is up from $11 million previously disclosed. The suspension continues the exchange’s pause on deposits and withdrawals.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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