RATE Group | Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop
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Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop

Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop

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A user of Chinese cryptocurrency exchange Okcoin has sued the platform for allegedly denying him his free allocation of Bitcoin Cash (BCH) in August 2017.


‘No Deadline’

As local news outlet Legalweekly reports August 6, the trader, known by pseudonym Feng Bin, was unable to claim 38 BCH ($26,500) when Okcoin added support for Bitcoin’s hard fork last year.

By the time he had contacted customer support and investigated what appeared to be a technical issue, the exchange refused to award the funds, explaining that a deadline for all customers to claim the funds had passed.

This deadline, Feng alleges, never existed.

“I have been paying attention to the announcement of the OKcoin (BCH) release,” he told the publication.

In all the announcements, there is no declaration of the deadline for receipt and the withdrawal of the program.

OKCoin Chinese Bitcoin Exchange

BCH Highs Come And Go

Okcoin is now coming under legal pressure because of its reluctance to address the matter. According to officials, a set…

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