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Author Topic: Gatecoin - Legal?  (Read 110 times)
Kongxx (OP)
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July 07, 2019, 05:02:07 AM
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https://www.coindesk.com/gatecoin-crypto-exchange-to-shut-down-on-courts-orders

That time Gatecoin was ordered to shut down by the court. Later did the court really permit Gatecoin to resume business?

Now Gatecoin is still visible on web. Is it legal business and website?

Is it safe to buy from this site?

josephdd1
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July 07, 2019, 05:14:58 AM
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https://www.coindesk.com/gatecoin-crypto-exchange-to-shut-down-on-courts-orders

That time Gatecoin was ordered to shut down by the court. Later did the court really permit Gatecoin to resume business?

Now Gatecoin is still visible on web. Is it legal business and website?

Is it safe to buy from this site?



A similar thing happened with Bitmex when they had their wire transfers suspended back by Wells Fargo. They wounded up in the laps of Crypto Capital payment processor which in turn lead to the 900 million tether scandal.  So it is pretty much an ironclad thing when regulators decide to do something in Hongkong, it usually happens exactly that way. Even if the gatecoin website is visible, i would not use it. I will advise you to also stay away.
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