Chinese Crypto Investor Sues OKCoin for not Releasing Bitcoin Cash
Cryptovest
Published Aug 09, 2018 02:36PM ET
Updated Aug 09, 2018 03:40PM ET
Chinese Crypto Investor Sues OKCoin for not Releasing Bitcoin Cash
A Chinese cryptocurrency investor has filed formal charges against digital currency exchange OKCoin for allegedly preventing access to at least 38.748 Bitcoin Cash (BCH), the available balance during the fork on his account, Market Exclusive reported .
The investor, who goes by the name Feng Bin accused the cryptocurrency exchange of stopping him from getting access BCH created after the fork in 2017 at the start of December.
In retaliation, the Chinese exchange dismissed the charges against the firm, defending itself that it prevented the trader access to his Bitcoin Cash because he failed to claim his coins within the prescribed deadline. The report said the OKCoin was unable to inform tra...
This article appeared first on Cryptovest
Get The News You Want
Written By: Cryptovest
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.