Bitcoin Forum
August 15, 2018, 03:05:16 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: Class Action Lawsuit Filed Against Cryptocurrency Exchange Kraken  (Read 218 times)
Offline Offline

Activity: 980
Merit: 1073

View Profile
July 07, 2017, 11:37:55 PM

This week a class-action lawsuit has been filed against the San Francisco-based trading platform Kraken. A group of customers have revealed that their holdings of 3,414 ETH was liquidated during an Ethereum market flash crash. According to the plaintiffs the cryptocurrency exchange suffered from a denial-of-service (DDoS) attack at the time having many Kraken users unable to use the service.

I think customers have the right to sue them. However, I don't know what will be the impact of this on the other exchanges and trading platform. Let's just wait and see how's things turn out in the next couple of months.

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!