9 Companies That Hoarded Customers’ Money as Crypto Crashed - Gizmodo

With cryptocurrency prices collapsing, a handful of companies found themselves pulling a move pulled from the playbook of a 1920s bank: freezing withdrawals.

Any hopes of a reprieve from the crypto collapse were shut down on July 4th, driven in part by dual withdrawal adjustment nightmares at crypto lending platforms CoinLoan and Vauld. In CoinLoans case,… [+964 chars]

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