**[NoOnes Announces Closure: Gradual Shutdown Due to Sanctions]** BlockBeats News, August 18 — Peer-to-peer cryptocurrency trading platform NoOnes announced yesterday that it will begin gradually shutting down operations after more than three years of service. The official statement noted that the platform had been actively seeking solutions to lift the sanctions imposed on NoOnes but ultimately failed to do so. NoOnes stated that the sanctions caused it to lose key partners, while blockchain monitoring agencies flagged transactions related to NoOnes as high-risk, making it increasingly difficult for the platform to continue normal operations. According to the official timeline, the downsizing of operations began on August 17, and the P2P marketplace will close on August 21 at 23:59 UTC. Services such as Swap, NoOnes Visa, fiat withdrawals, gift card stores, and Bitcoin Lightning Network will also be gradually discontinued. Afterward, the platform will transition to withdrawal-only mode, allowing users to log in, view balances, and withdraw remaining assets. The official team advises users to complete asset withdrawals as soon as possible, no later than August 23. BlockBeats previously reported that on January 26, 2025, the peer-to-peer cryptocurrency trading platform NoOnes disclosed that earlier this month, the platform suffered a major security breach, resulting in the loss of approximately $8 million in crypto assets. CEO Ray Youssef confirmed the incident after on-chain investigator ZachXBT revealed the hack on his Telegram channel. [Original Link]