Polish crypto exchange shuts down – disappears with users’ money

Polish crypto exchange shuts down – disappears with user's money.

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Christian Ploog

christian.ploog@trijo.co

Some users reportedly had as much as 60,000 zlotys, equivalent to nearly $15,790, in their accounts.

The Polish crypto exchange Coinroom has shut down its business. Both the exchange’s site and social media accounts have been deleted. In addition, the users’ money has reportedly also disappeared, Cointelegraph reports referring to local media.

It was in April that Coinroom, which has existed since 2016, suddenly shut down its business and disappeared with the money, according to a source. Some users reportedly had as much as 60,000 zlotys (around $15,790) in their accounts.

Had just one day

Users reportedly have been contacted by the exchange with a message stating that they only had one day to withdraw their money, which reportedly also was in accordance with the user agreement.

However, several customers claim that this has not worked out, and many could only withdraw part of their money while others could not withdraw anything at all, Cointelegraph reports.

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