RATE Group | Beleagured Romanian Bitcoin Exchange BTCxChange is Shutting Down
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Beleagured Romanian Bitcoin Exchange BTCxChange is Shutting Down

29 Apr Beleagured Romanian Bitcoin Exchange BTCxChange is Shutting Down

Posted at 12:56h in Bitcoin News by

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Romanian bitcoin exchange BTCxChange, which has suffered problems since its launch in 2014, has once again announced its closing, having recently informed customers that it will close on May 1, 2018.

A notice dated April 22 from the BTCxChange team on the exchange website told customers to withdraw all balances before May 1. BTCxChange stopped operations on Feb. 1, the notice said, but customers were still able to stock bitcoins on the platform.

An email CCN sent to the exchange today for further comment was not returned at the time of this report.

Problems From The Start

BTCxChange first urged users to withdraw their funds by Dec. 19, 2014 after accusing its lead programmer of holding is servers hostage. The notice said the exchange had lost all access to its bitcoin exchange servers.

The exchange closed its operations nearly a month after putting itself up for sale on Aug. 18, 2016. Horea Oradea…

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