ViaBTC started the closing process

According to the official statement of Chinese cryptocurrency exchange, new users registration and depositing is stopped
25 September 2017   841

On Friday, 22nd of Septembr, the ViaBTC exchange notified its users about the termination of new registrations and the stopping of deposits. Users must withdraw funds before September 30, after which the exchange stops working.

The announcement says that the processing of "hanging" deposits and the termination of registration will start today. Trading will be stopped on September 25, and by September 30, users must complete withdrawal of funds.

In addition, the company notes that due to bank restrictions, processing of withdrawal requests in yuan, made on non-business days, is postponed to the nearest business day. On crypto currencyrequests these restrictions do not apply.

Top ten crypto exchanges
Top ten crypto exchanges

As you can see on the screenshot above, according to the Coinhills, none of the Chinese crypto exchanges is among the top ten in terms of trading volume.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.