Toobit: what the sources say

Regulation, reserves, fees

Reserves note: Date and details come from a paid press release (GlobeNewswire, 2026-05-06): collateral ratio 'over 100%' for BTC, ETH, USDT, USDC, over 600,000 liability holders; exact ratio not given. Toobit PoR page (toobit.com/en-US/proof-of-reserves) states '1:1+ reserves' and shows Merkle root hash; report itself not read.

Incidents and regulator actions found

Security incidents

• No incident found in our limited search.

Regulator and court actions

• No regulator or court action found in our limited search.

What we could not verify

Web search budget was exhausted before incident/legal searches, so incidents and legal_actions are empty = NOT searched, not 'none'. OAM, Polish VASP register and MiCA status of Elyndret not verified beyond ESMA CSV. PoR report itself not read. Withdrawal fees not checked. Audit 2026-10-09: searches for incidents and regulator actions returned nothing relevant; not verified against individual regulator warning lists.

Facts are as of 9 Oct 2026. We ran a limited number of searches per exchange, so an empty list is not proof that nothing happened. We did not check the Italian OAM register. Items from press or third parties are reports, not findings by an authority. If something here is wrong or out of date, send a correction with a source: corrections policy. Education only, not investment advice.

Sources

1. [1] Toobit Terms of Use accessed 2026-10-09
2. [2] ESMA interim MiCA CASP register CSV accessed 2026-10-09
3. [3] Toobit Fee Rate accessed 2026-10-09
4. [4] GlobeNewswire/BVT press release: Toobit Hacken PoR accessed 2026-10-09
5. [5] Toobit Risk & Compliance Disclosure accessed 2026-10-09
6. [6] Toobit press release: Poland VASP accessed 2026-10-09
7. [7] Toobit exchangeInfo API accessed 2026-10-09