cryptoninjas.net
It was announced today by top Romanian bitcoin and cryptocurrency exchange CoinFlux that the company has had their bank accounts frozen. The CoinFlux team said that due to a recently started, and unexpected investigation, they are in the “unpleasant situation of temporarily stopping any digital currency exchanges.”
With the company bank accounts frozen, the situation is also affecting user CoinFlux wallets. The CoinFlux team is now making all possible efforts, along with their legal advisers, to make sure everyone who had money deposited on CoinFlux gets it back.
Furthermore, due to the investigation, access to parts of the platform have also been restricted, thus the company was unable to send the stoppage notice through its usual communication channels: e-mail and website. Expectations are that CoinFlux will gain control back of these functionalities within the next few days.
“We are aware that this is a worrisome situation for the people who have placed their trust in our service, and we assure each and every one of them that we will do everything that’s up to us to fix this unfair situation.”
Last year, another leading bitcoin exchange BTCxCHANGE decided to shut down service after their bank accounts were frozen. With many customers utilizing the bitcoin to bank account withdrawal features, the company decided it was not worth continuing service without a stable banking partner.
We will update on the latest developments coming from CoinFlux as they become available.