One of the biggest Polish Exchanges Closed - Exit Scam ?
Bitmarket.pl closed few hours ago withotu any notice and said they are insolvent.
Whole article: https://fuk.io/bitmarket-one-of-the-biggest-polish-bitcoin-exchanges-closes-within-minutes/
Worth to note that this corelated with BTC pump thats still going.
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The Wild Wild West....... The question is, by design or Bank and Government pressure....
Posted using Partiko Android
It sure seems like an exit scam... here’s to hoping that’s not the case though. Unfortunate for anyone who held any currencies there. 😕
Posted using Partiko iOS
Thankfully it was a rather small exchange, it seems that https://bitbay.pl took most of the market nowdays.
That’s at least some decent news. Had it been a massive exchange, that could potentially be damaging for the adoption of cryptos by newcomers. Fear of losing your currencies should never be an issue with exchanges, but unfortunately we are still on shaky ground all around when it comes to crypto. I suppose the best thing to do nowadays is to assume exchanges are a gamble and don’t keep what you can’t afford to lose in them! That’s the beauty of having wallet programs that don’t require you to trust anyone!
Posted using Partiko iOS