Crypto exchange Blackmoon announces closure due to excessive compliance costs

According to recent news from foreign media, the crypto exchange Blackmoon is about to close. Blacklegon CEO Oleg Seydak said that the high cost of regulatory compliance is the reason for the exchange's closure. One user stated that the exchange notified the news in an email last week. At present, all withdrawal limits of the exchange have been removed, and fees have also been removed. Earlier news, Blackmoon claimed to sell Telegram's Gram token first.