LocalBitcoins not to support Bitcoin Cash

Peer-to-peer Bitcoin trading platform LocalBitcoins not to add support for Bitcoin Cash or other future forks
26 September 2017   1499

Due to the significant tightening of the state regulation of the cryptocurrency industry, a lot of Chinese traders switch to the popular p2p platform LocalBitcoins. Now it has been announced that the company is not to add support for Bitcoin Cash or other future forks. Instead, LocalBitcoins has compensated users with Bitcoin deposits corresponding to the value of the Bitcoin Cash given to their accounts, as reported by cryptocoinsnews.com.

LocalBitcoins has decided against supporting Bcash, for various reasons. Our primary focus is to provide easy access and global liquidity for Bitcoin and to ensure the security of Bitcoins held in customer accounts.

LocalBitcoins team

Thus, LocalBitcoins says that adding support for Bitcoin Cash would shift resources away from their primary mission, which is to serve the Bitcoin community itself.

Bitcoin Cash charts on coinmarketcap.com
Bitcoin Cash charts on coinmarketcap.com

Meanwhile, at the time of writing, Bitcoin Cash price is about $445.68, its market capitalization is $7,406,922,863, which allows the cryptocurrency to hold the third place in the list.

Vinnik Extradtion to France to be Supported by SCoG

Alexander is holding the hunger strike for 24 days and lost around 9 kilos
19 December 2018   22

Following the trial court of the city of Thessaloniki, the Greek Areopagus decided to extradite Alexander Vinnik, suspected of laundering $ 4 billion through the BTC-e cryptocurrency exchange, to France. Thus, the appeal of Russian lawyers was rejected, reports TASS referring to the chairman of the court Angelique Aliferopoul.

After the announcement of the verdict, Alexander Vinnik declared that he would continue the hunger strike against the arbitrary rule of the Greek authorities, which began in mid-November.

I have been starving for 24 days. Yesterday I was weighed; according to the documents, I lost 8 kg. But they did not immediately begin to weigh me, only on the third day. So I lost 9 kg. If I'll be extradited to Moscow, I will stop starving.

Alexander Vinnik


Alexander Vinnik was detained in Greece at the request of the American authorities on July 25, 2017. In June 2018, Vinnik was arrested in absentia in Russia on charges of cyber fraud on a large scale.

At the moment, there have been several court decisions on the extradition of Vinnik - at the request of the United States, at the request of France and two decisions at the request of Russia. The final decision on the case will take the Minister of Justice of Greece.