Coinroom Exchange to be Accused of Exit Scam

In April, users received letters notified them in need to withdrawal of funds and many have not been able to return the assets
04 June 2019   640

The Polish cryptocurrency exchange Coinroom ceased operating, and its operator allegedly stole the users' funds. This is reported by the Finance Magnets with reference to local media.

So, in early April, customers of the exchange received letters in which the Coinroom notified them about the termination of the contract.

Clients were asked to withdraw funds within 24 hours. In the event that users did not have time to return their assets within the prescribed period, they had to contact the Coinroom for individual withdrawal.

Coinroom's Letter
Coinroom's Letter

Nevertheless, as reported by the media, many have not been able to return the assets, even turning for a withdrawal within a day.

After that, the exchange was completely unavailable - the platform stopped responding, its accounts in social networks were deleted, and the site was closed. The connection with the President of the Coinroom, Tomasz Zbigniew Veveyura, was also lost.

The users of the site are convinced that the exchange has implemented an exit-scam. According to the local edition of Money.pl, they conducted their own investigation, according to which it turned out that part of the funds had been withdrawn from the Coinroom long before the notice of the termination of activities.

According to media reports, thousands of customers turned out to be deceived. The exact amount of the losses is still unknown, but users have already appealed to the prosecutor’s office, accusing the Coinroom of fraud and theft of funds. It is reported that law enforcement agencies have already begun an investigation in connection with the events.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   114

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."