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The Turkish cryptocurrency exchange suddenly stopped operating. What was unusual before?
Since Satoshi Nakamoto published a paper entitled "Bitcoin: A Peer-to-Peer Electronic Cash System" in 2008, he described what he called? Bitcoin? After electronic money and its algorithm, Bitcoin was born. However, for a long time, people did not realize the value of Bitcoin. Until recent years, the value of bitcoin has been speculated higher and higher, especially the characteristics of bitcoin, which has become a money laundering tool for criminals. Therefore, some countries have strengthened the supervision of Bitcoin.

Recently, the Central Bank of Turkey announced that cryptocurrency may cause? Irrevocable? Damage and transaction risk are prohibited from paying on April 30? Direct or indirect? Use cryptocurrency. Shortly thereafter, THODEX, a Turkish cryptocurrency exchange, suddenly announced the suspension of trading, without any warning before that.

What worries traders even more is that Faruk Fatih Ozer, CEO and founder of the exchange, issued a statement in official website confirming that he had left Turkey, but the specific destination was unknown. According to media reports, about 390,000 active users of the exchange are affected, and the loss may be as high as $2 billion.

In fact, it is not uncommon for the founder of this exchange to suddenly run away and close the exchange. For example, Gerald Cotten, the founder of QuadrigaCX, a Canadian cryptocurrency exchange, died suddenly during his trip to India, resulting in the freezing of at least $250 million on the exchange; GGBTC Gravitational Bitcoin Exchange cannot withdraw cash, and a large number of user assets cannot be retrieved; The Golden Shield Exchange claims to build a completely decentralized exchange, and the mine pool model is to mine with money. As a result, it didn't take long for the Golden Shield trading headquarters to go to the building and harvest the small white investors.

From these events, we can see that there are huge risks in bitcoin transactions, which will not only be affected by policies, but also cause huge losses to its property. So I want to remind everyone that although Bitcoin has created countless wealth myths, everyone should be cautious in investing, and it is best not to invest.