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

17-Feb-2020

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. read more

Celia Wan