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2020-02-17 14:44:00

Cryptocurrency exchange Fcoin expects to default on as much as $125M of users’ bitcoin

Chinese cryptocurrency exchange FCoin may not be able to pay back around 7,000 to 13,000 BTC (around $67 million to $125 million) to its users as the platform went default. In a tell-all blog post titled “FCoin Truth,” the exchange founder and the former Huobi CTO Jian Zhang said the default was triggered neither by […]The post Cryptocurrency exchange Fcoin expects to default on as much as $125M of users’ bitcoin appeared first on The Block.