Breaking: Beribit Exchange Crisis Unfolds🔥
Read on for the latest developments on the crisis at Beribit exchange in Russia.
Customers Demand Refunds in Protest💰
Audited financial discrepancies led to tension among clients, demanding over $4 million back from the exchange.
- More than fifty clients occupied Beribit’s offices.
- Claiming they wanted their funds returned.
- Some clients were given chocolate as a promise of resolution within 1-15 days.
- Employees attempted to escape but were stopped by angry customers who contacted the police.
- Beribit has started processing withdrawals with the first batch of payments already underway.
- Reports suggest only clients who filed police reports have received funds.
- Cryptocurrency advertisements would also be prohibited.
Russian Duma Considers Exchange Ban🚫
Russian legislators introduce a bill to ban crypto exchanges, allowing only registered transactions and mining firms.
An alternative perspective highlights national security concerns, emphasizing the use of crypto to acquire defense equipment from non-Western countries, evading sanctions.
Hot Take: Impact of Beribit Crisis on Russian Crypto Market⚡️
Stay informed about the evolving situation at Beribit exchange and the potential implications for the Russian crypto landscape.
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