Category: Liquidation

HitBTC is insolvent, claim customers facing trouble withdrawing funds for several weeks

In the midst of the Bitcoin [BTC] bull-run, with the industry on a collective high, another exchange debacle has surfaced. HitBTC, the Hong Kong-based cryptocurrency exchange is rumored to be insolvent, with customers facing several obstacles in withdrawing their funds. According to a series of tweets by CryptoMedication, from Zerononcense, […]