← Bitruereviewed 2026-10-27 · 9 claims checked
Fact-check findings
What an automated fact-checker found when it re-read Bitrue against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
unverifiable
4 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #5[unverifiable][awaiting moderator]in the timeline
“the exchange's first formal regulatory credential.”
reviewerTimeline: registration was the exchange's first formal regulatory credentialNo source found for it being the first credential; the Bitrue announcement does not say so. - #6[unverifiable][awaiting moderator]in section: User Protections
“In February 2021, blockchain analytics firm XRP Forensics publicly called out Bitrue after receiving complaints from users whose accounts had been frozen without clear justification.”
reviewerXRP Forensics called out Bitrue in Feb 2021 over frozen accountsSource returned 403 to the fetcher; claim not checked and not scored. - #7[unverifiable][awaiting moderator]in section: Regulatory Status
“Lithuania's VASP regime, however, was superseded as of January 1, 2026, requiring entities to obtain a full Crypto-Asset Service Provider (CASP) license from the Bank of Lithuania under the EU's MiCA framework.”
reviewerLithuania VASP regime superseded Jan 1, 2026 requiring CASP license; no MiCA approval reportedNo cited source; I did not independently verify the Lithuanian transition. A 2026 news search found no Bitrue MiCA authorization, consistent with the page, but absence is weak evidence. - #8[unverifiable][awaiting moderator]in section: Regulatory Status
“According to Bitrue's own published regulatory statement, the exchange has no operations or offices in Singapore, does not offer products to Singapore residents, and does not conduct Digital Payment Token (DPT) activities in Singapore — despite being incorporated there.”
reviewerBitrue has no MAS license and says it has no Singapore operationsThe statement is not tied to a cited URL, and I did not locate it. Not checked against MAS FID.
partially supported
2 claimsThe cited evidence supports part of the claim but not all of it.
- #3[partially supported][awaiting moderator]in section: The Hack
“By mid-2025, the total stolen proceeds had been converted to approximately 12,079 ETH valued at roughly $32.4 million — a $9.4 million gain over the original theft, attributed to ETH price appreciation.”
reviewerTotal stolen proceeds converted to ~12,079 ETH valued ~$32.4M, a $9.4M gainFigures match. The attribution to price appreciation alone is loose given the source mentions trading gains. - #9[partially supported][awaiting moderator]in the cited sources
“https://web.archive.org/web/20260829125404/https://coinjournal.net/news/vantard-excites-investors-as-trump-project-eyes-lift/?dynamic”
reviewerArchive/cited sources for Lithuanian registration: coinjournal archive points to unrelated pageThe stored archive_url is for a different article (Vantard/Trump project), so the archive does not preserve the cited coinjournal article. Not edited here because the archive field was not checked against a replacement I fetched. Also, blockchainreporter.net is marked gone.
confirmed
3 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in section: The Hack
“On April 14, 2023, at 07:18 UTC, an unidentified attacker exploited a vulnerability in one of Bitrue's hot wallets, draining approximately $23 million in digital assets.”
reviewerHot wallet exploit on April 14, 2023 at 07:18 UTC draining about $23MDate, time, amount, tokens, suspension and compensation statement all match CoinDesk. - #2[confirmed][no action needed]in section: The Hack
“In June 2025, blockchain analyst @EmberCN reported additional activity: the attacker converted 8.3 million DAI into approximately 3,000 ETH and funneled an estimated 4,600 ETH (around $12.65 million) through Tornado Cash, the U.S. Treasury-sanctioned crypto mixer, in a structured multi-stage laundering operation.”
reviewerAttacker moved funds through Tornado Cash in June 2025 per EmberCN: 8.3M DAI into ~3,000 ETH, 4,600 ETH (~$12.65M), remaining 8.04M DAI and 3,510 ETHMatches the cited Coin Edition article. Other cited outlets give different snapshot figures, so the numbers are time-dependent. - #4[confirmed][no action needed]in section: Regulatory Status
“In October 2024, Bitrue announced that its Lithuanian subsidiary, Bitrue Lithuania UAB, received Virtual Asset Service Provider (VASP) registration from Lithuania's Financial Crime Investigation Service (Finansinių nusikaltimų tyrimo tarnyba, FNTT), registration number 306725033.”
reviewerLithuanian subsidiary received FNTT VASP registration 306725033 in October 2024Primary source confirms. Note: the number may be a company code rather than a distinct registration number; not checked.
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.