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11:08 13.08.2019
2019-08-13
Neironix
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Poloniex Exchange Will Refund 1800 BTC to Investors

American cryptocurrency exchange Poloniex introduced a plan according to which it will pay compensation to margin position lenders who lost their funds due to the lack of money among the borrowers to cover liquidity.

Exchange authorities will fully refund lenders in BTC equivalent to the creditors. The first payments will cover all commissions paid before June, 6.

For the last 24 hours the volume of auctions was 785 BTC, the maximum volume of commissions collected per day at the highest rate for the least active traders could be 1.96 BTC.

We remind that users who funded the Poloniex margin trading market lost 1,800 BTC on May, 26, since the rate CALM dramatically fell and since this currency lacked liquidity. The number of victims amounted to 0.4% of the total number of users of the exchange.

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