BitForex is a centralized cryptocurrency exchange that suspended trading and broader services after Chinese authorities detained team members in early 2024. BitForex's Twitter Score is 20 out of 1000 as of October 2026, ranking #48,248 (top 10%) among 493,476 tracked accounts.
BitForex operated as a global digital asset trading platform before a series of regulatory and legal events effectively shut down its core operations. On February 23, 2024, Jiangsu Province police detained and investigated team members, rendering the platform inaccessible, according to a statement BitForex itself issued in July 2024. The platform's website is now limited to an asset-withdrawal system, with trading disabled and all broader services suspended.
BitForex had drawn regulatory scrutiny across multiple jurisdictions before its collapse. Japan's Financial Services Agency issued warnings to Bitforex Limited in both 2020 and 2023 for operating a crypto-asset exchange business without proper registration. On March 4, 2024, Hong Kong's Securities and Futures Commission warned the public of suspected virtual-asset-related fraud involving BitForex and added it to its Suspicious Virtual Asset Trading Platforms Alert List.
BitForex had received backing from a range of investors, including Node Capital, GENESIS Capital, LD Capital, Async Capital, Qtum Foundation, BA Capital, BlockVC, Dragon Chain Capital, BlockOrigin, Lightning Capital, and DKB Fund. BitForex has published 5,134 posts on the platform and has 152,797 followers as of October 2026. BitForex has been mentioned by 205 accounts, with 519 total mentions.
Who follows BitForex on X?
The accounts that follow BitForex include 52 founders, 8 angel investors, 66 influencers and 3 VCs, among them Tyler Winklevoss, Matthew Graham, DEGEN NEWS, Notsofast, TON and BG.