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$ usd Blocks Withdrawals After Alleging Users Attempted Illegitimate Trades

2 mins
Updated by Kyle Baird
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In Brief

  • A database problem on has caused a user service outage that the platform says could last up to 48 hours.
  • The platform says some users tried to take advantage by manipulating ETH/USDT prices but were blocked from withdrawing by risk systems.
  • According to CEO Kris Marszalek, illegitimate trades will be reversed and all user balances and services will be restored over 48 hours.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The...