Bitcoin futures firm 1Broker said Monday that it will begin allowing users to access a “read-only” version of its platform, a move that comes days after it was hit with charges from U.S. regulators.
The company announced Monday that it was looking for legal counsel in the U.S., which 1Broker hopes to do within the next few days. Last week, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission accused the company of violating federal law by allowing U.S. investors to trade on its platform.
That process aside, 1Broker’s lawyers are said to have granted the company permission to set up the read-only version for customers to view their balances and transaction history. This site should be up by Wednesday, according to a tweet.
We are currently engaging U. S. counsel who can represent us in the SEC/CFTC case. We expect that this takes a few days.
We received the green light from our lawyers to set up a read-only version 1Broker to view balances and transaction history. ETA: 48 hours
— 1Broker (@1Brokerio) October 1, 2018
The FBI seized the 1broker.com domain in the wake of last week’s charges, causing the company to suspend transactions, 1Broker said in a statement. A post to its parent company 1Pool’s website notes that “the trading panel is not accessible anymore.”