The statement states that CommEX will begin to gradually suspend operations from March 25 “following a thorough analysis of the current situation and a review of strategic plans.” This process should end on May 10 with the cessation of the site’s official website.

“We advise users to quickly close positions and withdraw their assets to third-party wallets, paying special attention to security,” the publication quotes the words of an exchange representative.

The Binance exchange announced its departure from Russia in September 2023. In December of the same year, the platform asked Russian clients to withdraw funds from their accounts.