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Chinese Bitcoin exchange vanishes without trace, taking $4M with it


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Chinese Bitcoin exchange vanishes without trace, taking $4M with it

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 Big Mike 
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Chinese Bitcoin Exchange Vanishes Taking £2.5m of Coins With It - IBTimes UK


Quoting 
GBL, the Chinese Bitcoin exchange was launched in May 2013 and putatively based in Hong Kong, despite its servers being registered in Beijing.

However GBL's Hong Kong offices do not exist. GBL mysteriously disappeared in early November taking an estimated $4.1m (£2.6m) of Bitcoins with it.

Mike

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wow!

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ricj7
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a good portion of chinese stuff is fraud anyways

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Last Updated on December 4, 2013


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