Although some people dislike it and claim to have problems withdrawing funds, i have yet to experience any of those issues. Haven't tried it recently, but in the past it was always worked without any issues
Shouldn't have said this if you tried recently. Just because you never face a problem, thousands of others might have a headache trying to withdraw their funds. Will you still hope exchange like this continues to operate?
I'm not sure how valid the report is, but what HitBTC has done is really similar to previous exchanges that eventually went insolvent and disappear for good. So there's no surprise that sooner or later they'll face the same thing.