Police Posted at Bithumb as Users File action After Server blackout Costs Millions – Bitcoints

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Published on November 14th, 2017 | by bitcoin

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Police Posted at Bithumb as Users File action After Server blackout Costs Millions



Markets and Prices

Users of Bithumb, the world’s largest cryptocurrency exchange, have filed a class action lawsuit following a costly server outage on November 12.
Despite only lasting 90 minutes, the outage cost traders millions of dollars, occurring at the height of frenzied bitcoin cash trading.
Also read: CME Bitcoin Futures Could Launch the Second Week in December
A Tale of Lost Won
Disgruntled traders gather outside Bithumb.
Such was the ire of the affected traders that police were posted outside Bithumb’s Seoul headquarters on Monday morning as a precaution.
Given the vast amounts of money at stake, it’s safe to assume the Bithumb lawsuit won’t be the last of its kind.

Source: News.bitcoin.com

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