Crypto payment platform Wyre modified its withdrawal policy to limit users from cashing out approximately 90% of their assets just days after two former workers supposedly hinted the possibility of a shutdown.On Jan. 7, 2023, Wyre enforced a withdrawal limit on its platform, citing “the best interest of our neighborhood.” Following the policy modification, Wyre users can withdraw approximately 90% of their crypto funds as the company explores strategic alternatives to prevent the prolonged bear market.We are customizing our withdrawal policy. While consumers will continue to be able to withdraw their funds, at this time, we are restricting withdrawals to no greater than 90% of the funds currently in each customer account, based on current everyday limits.– Wyre (@sendwyre )January 7, 2023 In addition, the business selected Yanni Giannaros, Wyre’s chief threat officer and compliance officer, as the interim CEO. Wyre users will go through modifications in daily withdrawal limits as the platform requires new functional strategies.Related: Bitcoin exchange withdrawals sink to 7-month low as users forget FTX Reports recommending a collapse of Wyre led to its break up of partnership with crypto wallet MetaMask. On Jan. 5, MetaMask revealed

the removal of Wyre from itsmobile aggregator, which used to enable users to purchase cryptocurrencies straight from the digital wallet.”We’re currently working on extension removal and value your patience,”MetaMask stated, asking users not to use Wyre on the mobile aggregator.