Not really sure but it could be anything.
Some sources suggest that the headquarters is in Unit 19, 7/F., One Midtown No.11 Hoi Shing Road, Tsuen Wan, New Territories, Hong Kong. New Territories also appears on their
LinkedIn profileUnder
legal information they claim to have been incorporated in the British Virgin Islands
HiTech Digital Business Ltd, incorporated in the British Virgin Islands, hereinafter referred to as "The Platform Technology" or "HitBTC" provides access to crypto assets exchange platform technology under the registered trademark "HitBTC" (domain name:
https://hitbtc.com).
In case of any legal inquiries please contact us via legal@hitbtc.com.
Quite confuising
What amuses me is how HitBTC and Yobit are never sued or sanctioned by the so-called protectors of customers SEC, yet there are known widespread scam reports but instead they go for Kraken, Binance, coinbase they are trying to be good.