The Polish cryptocurrency exchange, Coinroom, closes day by day

Clients of the Warsaw cryptocurrency market Coinroom they have one day to pay their money, because the company unexpectedly terminated all contracts. Earlier The Coinroom exchange has been put on the list of warnings of the Polish Financial Supervision Authority. The KNF also sent to the prosecutor's office a notification of suspicion of committing a crime.

Coinroom closes the deal

The Coinroom exchange has been operating since April XUMUM of the year. It developed, introduced new opportunities, and in March this year added the opportunity to trade another cryptocurrency. She earned a commission amounting to 2017% and depending on the account turnover. On Tuesday, 0,4 April issued a statement in which he informs clients that he has finished his activities:

"Dear User,

Acting pursuant to § 6, para. 2 Exchange Regulations and Currency Exchange Coinroom effective from 20 February 2018, we announce the Agreement with 1 one day notice period.

In connection with the above, please request withdrawals from all accounts held and stored by Coinroom cryptocurrencies until 3 April 2019 year for external portfolios.

After this date, the payment of the funds will be possible after sending a refund request to the email address help@coinroom.com.

In case of any doubts, please contact us at the following e-mail address: help@coinroom.com or to the Company's address: Coinroom Sp. z oo ul. Lindley 16 02-013 Warsaw

Z poważaniem

The Management Board of Coinroom sp. Z oo

One day for payment

Coinroom is run by a Warsaw company that owns 100 thousand. PLN of share capital, so it is not worth postponing the payment. Especially since the 25 January 2019 year KNF has put Coinroom on the list of public warnings. The District Prosecutor's Office in Warsaw, however, received a notification of an offense under Art. 150 sec. 1, which reads:

"Who, without being entitled, conducts business in the field of the provision of payment services or in the field of issuing electronic money, shall be subject to a fine of up to PLN 5.000.000 or imprisonment for up to 2 years, or both of these penalties jointly."

The notification to the prosecutor's office was sent by the Polish Financial Supervision Authority.

Cryptocurrency exchanges on censorship

This is another bad news for the cryptocurrency market. It is worth recalling that brands such as BitBay, BitMarket24 or Coinbe.net are already on the KNF's list of warnings. Today, another Polish, little-known entity has joined this group - Bitelon (Bitelon.com).

At the end of March, the Singapore cryptocurrency exchange DragonEx informed about the burglary on their website. The attack of hackers was successful and ended with theft and transfer of funds of some users.

It also turned out that 75% of cryptocurrency exchanges are cheating about liquidity on the market of digital tokens, which unveiled the results of the The Tie report, dealing with cryptocurrency market analysis. The market is not gaining credibility around the world. Also the largest Coinbase exchange is losing its users recently.

All this information coincided with the revival of cryptocurrencies on the market. After many weeks of stagnation Bitcoin course He broke above the level of 4000 USD, beating even (though as it turned out, only temporarily) over the 5000 USD limit.