Forensic review · October 2026

Hotbit Review — Is Hotbit a Scam?

Forensics Source Group is not affiliated to this broker. We do not hold this account, we cannot close a balance, and we do not phone you as this firm.

Yes — if a “Hotbit” site has your money or your old login, it is a scam. The real Hotbit exchange ceased operations in May 2024 after halted withdrawals and frozen funds. Sites reviving the name are credential-harvesting fakes, and we investigate them constantly.

Send this to Forensics Source Group
The real brandReal — but closed
The fake sitesRevival scam
What to doSend the date and how you paid
The short answer

Hotbit shut down in May 2024 — any “Hotbit” site taking logins now is a fake

First, the good news — the real brand checks out:

  • The genuine Hotbit operated at hotbit.io / hotbit.com from 2018 until May 2024, when it ceased operations after halted withdrawals and frozen funds.
  • No official Hotbit service exists today — the exchange announced its shutdown and has no successor platform.

Now the bad news — the clones:

  • hotbit.us.com copies the defunct brand and invites old users to “merge your account to be able to login” — a credential-harvesting flow aimed at people who still reuse old exchange passwords.
  • The fake site lists a Tallinn address and a Romanian mobile under the contact name “Michael Jordan” — identity theatre, not a real operation.
  • Revival scams target the user lists of dead exchanges: if your old Hotbit credentials work on a “new” site, that is the point of the scam.

If the site you used is not the official domain — none — Hotbit closed in May 2024; any current “Hotbit” site is fake — it was not Hotbit. It was someone wearing its name.

Sort your situation

Real-platform dispute or impersonation fraud?

Both feel identical from the inside. They are fixed by completely different routes — and the fastest way to tell them apart is to ask three questions.

If it is the real platform: your dispute runs through its formal complaints process, then the regulator or ombudsman. Slow, but it usually works.

If it was an impersonator: you were never a customer of Hotbit at all. A clone site, a fake “account manager”, a lookalike domain — the money went to criminals, not to the platform. That is fraud, and speed decides what can be recovered.

The three questions: did you type the official domain yourself, or follow a link, advert or message? Did anyone contact you first? Were you asked to pay a personal account or a different domain? If any answer is wrong, treat it as impersonation — and start here.

FAQ

Frequently asked questions

Is Hotbit a scam?

The original Hotbit was a real exchange, but it closed in May 2024 and no longer exists. Any site operating as “Hotbit” today — including hotbit.us.com — is an impersonation. That is where the danger is.

How do I check the site I used was genuine?

Type the official domain yourself — none — Hotbit closed in May 2024; any current “Hotbit” site is fake — never follow a link from an ad, email or message. Then check the regulator's public register, which lists the firm's genuine website. If your domain differs by even one character, it was a fake.

I deposited with hotbit.us.com (and any site inviting you to “merge” an old Hotbit account). What is enough to send?

The domain you used, the date, and whether you paid by card, bank transfer, or crypto. Or the name of the person who told you to pay. Or one screenshot. Where the same payment shows up from other people, those files can sit together as a class action. The first look is free.

How much does it cost to talk to you?

The case assessment is free and confidential. If we take your case, we explain the costs before you commit to anything. You will never pay to hear an honest answer.

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Forensics Source Group is not affiliated to this broker. We cannot close an account or confirm a balance. Write the date and how you paid.

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