Troubled FCoin Goes Bust Leaving Up to USD 116 Million in Limbo (UPDATED)

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Troubled FCoin Goes Bust Leaving Up to USD 116 Million in Limbo (UPDATED)

Source: iStock/Lisa-Blue
Troubled Chinese crypto exchange FCoin expects that “the scale of non-payment is between 7000-13000 BTC” (USD 62.5 million – USD 116 million) after it run into troubles last week. The withdrawals have begun, but it’ll be slow and there isn’t money for all. (Updated at 14:35 UTC: updates throughout the entire text.) As reported, on February 12, the exchange  Read more »
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