Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall

Fcoin, a crypto exchange that adopted the controversial “trans-fee mining” model, has paused trading and withdrawal services after revealing a shortage of crypto assets worth up to $130 million.

Source: https://www.coindesk.com/crypto-exchange-fcoin-insolvent-after-revealing-up-to-130m-bitcoin-shortfall

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