Fourth Crypto Exchange Shuts Down in Just Six Weeks

Fourth crypto exchange shuts down in just six weeks

US-based crypto exchange ABFinance, founded by ByBit’s former CEO Helen Liu, closed its doors last week before it ever opened. ABFinance announced last Friday that the exchange’s planned launch will no longer go forward and that it is “winding down in an orderly manner.” ABFinance lasted six months Liu founded the exchange in March before stepping down from her ByBit co-CEO role on April 30, 2026.  After ABFinance’s closure, Liu thanked her team…

Helen Liu’s US-Licensed ABFinance Suspends Operations Months After Launch

A US-licensed trading platform built by a former Bybit executive halted operations on August 15, ending a compliance-focused experiment only months after it began. ABFinance, founded by former Bybit Co-CEO Helen Liu, announced the suspension without detailing a reason, according to the original report. Liu had introduced ABFinance in March 2026 on X as a US-based platform holding compliant US licenses from the outset. The positioning made it a s…

ABFinance Shutdown Makes Four Exchange Exits in Six Weeks More Stories ETHNews

Key takeaways ABFinance cancelled its launch and started liquidation without ever opening to customers. The company gave no operational or financial explanation for the decision. Four centralized platforms have announced closures since early July. Compliance cost and thin retail volume are squeezing exchanges below the top tier. ABFinance, the U.S.-compliant crypto finance platform founded by former Bybit Co-CEO Helen Liu, has cancelled its pla…

ABFinance Suspends Operations as Market Faces Uncertainty

ABFinance, a US-compliant cryptocurrency trading platform founded by former Bybit co-CEO Helen Liu, has announced its suspension of operations today. This news, reported by the CryptoTwitter commentator @WuBlockchain, raises significant concerns regarding the platform’s future and the broader...

ABFinance, U.S. Crypto Exchange Founded By Former Bybit Co-CEO, Suspends Operations

BitcoinWorld ABFinance, U.S. Crypto Exchange Founded by Former Bybit Co-CEO, Suspends Operations ABFinance, a U.S.-based cryptocurrency exchange launched by Helen Liu, the former co-CEO of Bybit, announced on Aug. 14 via X that it has suspended operations. The exchange, which had positioned itself as a regulation-compliant platform for U.S. traders, cited the challenging regulatory and market environment as the reason for the halt. Background a…

Ex-Bybit co-CEO's ABFinance scraps launch amid 2026 shutdown wave

ABFinance, the U.S. finance startup founded by former Bybit co-CEO Helen Liu, has announced that it will begin winding down. 17 major crypto businesses and about 95 total projects have already closed so far in 2026. Why is ABFinance closing down? Helen Liu unveiled ABFinance in mid-March, days after Bybit confirmed her exit. Liu was building the platform in the United States with full U.S. licensing in place from day one. The idea behind the pro…