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WEX Exchange Users Unite in Push for Fund Withdrawals

Published 10/23/2018, 07:25 AM
Updated 10/23/2018, 08:41 AM
 WEX Exchange Users Unite in Push for Fund Withdrawals
BTC/USD
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The fate of the WEX exchange seems to mirror that of its previous incarnation, BTC-E, where the FBI ended up seizing assets and arresting its director, Alexander Vinnik. Now, predominantly Russian users of the platform are getting organized with collective demands in an attempt to get locked funds released. Currently, the exchange allows no Bitcoin (BTC) withdrawals.

The WEX platform has been removed from the CoinMarketCap data for BTC, but before that, it showed a spike in prices, with premiums exceeding $1,000. The reason is that cash cannot be withdrawn from the exchange, and users are attempting to withdraw ot...


This article appeared first on Cryptovest

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