• About
  • Advertise
  • Privacy & Policy
  • Contact
Cryptos Valuator
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges
No Result
View All Result
Cryptos Valuator
No Result
View All Result
Home News

Chinese Trader Sues OKCoin Crypto Exchange for Failing to Release Bitcoin Cash

July 2, 2021
in News
0
Chinese Trader Sues OKCoin Crypto Exchange for Failing to Release Bitcoin Cash
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

 

In accordance with the Chinese news outlet Legal Weekly’s article, a lawsuit against OKCoin has been filed by an investor, known under the pseudonym Feng Bin. The investor accuses the exchange of denying his requests to obtain 38.748 Bitcoin Cash that was due after Bitcoin’s hard fork in August 2017.

As one does, the trader immediately complained about the issue to the platforms’ support tea. Feng Bin was informed that he could not extract any Bitcoin Cash because the platform’s program for claiming the forked crypto has expired. In turn, the investor claims that no explicit announcement regarding the expiry of the forked coins was made by the crypto exchange. An outraged Feng told reporters the following:

Feng is currently seeking financial compensation for 38.7 Bitcoin Cash and the profits lost incurred due to the lost opportunity to sell BCH at all-time highs. His claims have been reportedly challenged by OKCoin, citing inconsistencies between his story and the records of his account balances.

BCH celebrated its “first birthday” earlier last week as the Bitcoin forked happened on August 1, 2017. It led to two completely different digital currencies and the users who held Bitcoin prior to the fork received an equal number of Bitcoin Cash. The year has been quite controversial for BCH. Notably, one of the biggest promoters of BCH Roger Ver claimed that Bitcoin Cash is the “real Bitcoin” in November 2017.

Arshmeet Hora

The idea of expressing one’s views and reviews through words is beyond intriguing. What started as a creative let out has now become a passion and a profession for Arshmeet K Hora. In her own words ” with every word, every article that I write, my passion towards this medium has grown stronger.”  Arshmeet covers latest crypto news and updates as well as what happening new revolving around Blockchain Technology.

Previous Post

India’s first ‘Blockchain District’ launched by Tech Mahindra and Telangana Govt

Next Post

New Yale Study Suggests Including At least 6% Bitcoin in your Portfolio

Next Post
New Yale Study Suggests Including At least 6% Bitcoin in your Portfolio

New Yale Study Suggests Including At least 6% Bitcoin in your Portfolio

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 122 Followers
  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Venezuela Considers Proposal to Include Bitcoin in Central Bank Reserves

Venezuela Considers Proposal to Include Bitcoin in Central Bank Reserves

June 23, 2021
Newegg Expands Bitcoin Payment Option To 73 More Countries

Newegg Expands Bitcoin Payment Option To 73 More Countries

July 4, 2021
World of Ether Goes Live on Ethereum Mainnet, Soon Becoming Top Ranked Crypto Game

Black Friday Drags Crypto Market Down, Bitcoin & Ethereum Price Plunges

August 4, 2021
World of Ether Goes Live on Ethereum Mainnet, Soon Becoming Top Ranked Crypto Game

Enterprise Ethereum Alliance Opens Regional Office In South Korea

August 6, 2021
UPbit Audit Reveals That South Korea’s Cryptocurrency Exchange is Not Guilty

UPbit Audit Reveals That South Korea’s Cryptocurrency Exchange is Not Guilty

Goldman Sach’s Cryptocurrency Startup Circle Raises $110 Million Led By Bitmain Technologies

Goldman Sach’s Cryptocurrency Startup Circle Raises $110 Million Led By Bitmain Technologies

NASDAQ-Powered Crypto Exchange To Go Live in June 2018

NASDAQ-Powered Crypto Exchange To Go Live in June 2018

Why is ZCash Price Rising ? | Latest Crypto News

Why is ZCash Price Rising ? | Latest Crypto News

Fidelity Contemplates Supporting Crypto Transfers

Fidelity Contemplates Supporting Crypto Transfers

March 29, 2023
Bitcoin Outperforms Stocks and Gold With 50% Rise This Year

Bitcoin Outperforms Stocks and Gold With 50% Rise This Year

March 27, 2023
Binance Freezes Deposits and Withdrawals for UK Customers

Binance Freezes Deposits and Withdrawals for UK Customers

March 24, 2023
Meta Plans To Discontinue NFTs, Sparks Debate on Blockchain’s Role in Art

Meta Plans To Discontinue NFTs, Sparks Debate on Blockchain’s Role in Art

March 22, 2023

Recent News

Fidelity Contemplates Supporting Crypto Transfers

Fidelity Contemplates Supporting Crypto Transfers

March 29, 2023
Bitcoin Outperforms Stocks and Gold With 50% Rise This Year

Bitcoin Outperforms Stocks and Gold With 50% Rise This Year

March 27, 2023
Binance Freezes Deposits and Withdrawals for UK Customers

Binance Freezes Deposits and Withdrawals for UK Customers

March 24, 2023
Meta Plans To Discontinue NFTs, Sparks Debate on Blockchain’s Role in Art

Meta Plans To Discontinue NFTs, Sparks Debate on Blockchain’s Role in Art

March 22, 2023
Cryptos Valuator

Follow Us

Browse by Category

  • Altcoin News
  • Bitcoin
  • Bitcoin News
  • Blockchain
  • Blockchain News
  • Business
  • Coins
  • Cryptocurrency
  • Cryptonews Deals
  • DeFi News
  • Economy
  • Ethereum
  • Ethereum News
  • Events
  • Exchanges
  • General
  • ICOs
  • Industry Talk
  • Markets
  • News
  • NFT News
  • Opinion
  • Press Releases
  • Regulation
  • special site
  • Sponsored
  • World

Recent News

Fidelity Contemplates Supporting Crypto Transfers

Fidelity Contemplates Supporting Crypto Transfers

March 29, 2023
Bitcoin Outperforms Stocks and Gold With 50% Rise This Year

Bitcoin Outperforms Stocks and Gold With 50% Rise This Year

March 27, 2023
  • Terms & Conditions
  • Privacy Policy

© 2021 Cryptos Valuato

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges

© 2021 Cryptos Valuato