😡 Furious traders slam crypto exchange for fiddling with contracts
An unorthodox move by Hong Kong-based OKEx, one of the world’s biggest cryptocurrency platforms, to change the terms on $135 million of derivative contracts has infuriated traders and saddled some of them with losses, underscoring the risks of using unregulated virtual currency exchanges. On Nov. 14, OKEx forced the early settlement of its Bitcoin Cash ($BCH) contracts without warning, just as prices were tumbling.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Mentioned Assets