Crex24 Exchange accused of hiding hack from customers

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Users accuse the Estonian cryptocurrency exchange, Crex24, of hiding the scale of a hack for its users after suspending trading for different altcoin pairs.

The members of Crex24 claim that the grant has not given an explanation for the suspension of more than sixty altcoins. The exchange has also frozen frozen withdrawal and deposit services for many of the platform’s coins.

Despite the apparent disruption of services and calls for answers on Twitter, the social media reports suggest that it was more interested in trying to support new offers than addressing the concerns of its users.

A report published by the Brazilian crypto-press Livecoin on March 6 quotes an anonymous Crex24 user who claims to have identified suspicious movements of the alternative cryptocurrency Htmlcoin, and may point to cheating on the part of the exchange.

The user claims that the stock market frozen its money in mid-February, resulting in a loss of approximately $ 32,000 in cryptocurrency.

Crex later announced that 200 million Htmlcoins, worth $ 11,200, were stolen from his wallet and that it would repay investors together with the Htmlcoin team.

However, the anonymous source claims that 1.3 billion Htmlcoins have been identified that were withdrawn from Crex’s portfolio, worth $ 72,800, in February. 12. The funds have been sent to Hitptc cryptocurrency exchange.

Htmlcoin, which is said to have a large Brazilian user base, was added to the stock market in January of this year. Less than two months later, the links are now offline.

Crex24 has also reportedly increased its customer verification knowledge requirements for recording processing since accusations began to whirl – further hampering their customers’ ability to remove money from the platform.

According to Coin360, Crex24 had about $ 2.62 million in trade in the last 24 hours – making it 137th at the time of writing based on daily volume.

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Notes: 0Audience: 3312Registration: 11-07-2018

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