Court Orders To Close Down Gatecoin Crypto Exchange

Court Orders To Close Down Gatecoin Crypto Exchange

Gatecoin crypto exchange has been ordered by the court to shutdown all its operation and enter liquidation after an unsuccessful attempt to recover funds lost in a dispute. Its team stated: “Even after we managed to mitigate our loss by replacing that PSP with more reliable alternatives to process our clients’ transfers, the situation did not improve because that PSP retained a large part of our funds.”

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