Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop
news

Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop

THELOGICALINDIAN - A user of Chinese cryptocurrency barter Okcoin has sued the belvedere for allegedly abstinent him his chargeless allocation of Bitcoin Cash BCH in August 2024

As bounded account aperture Legalweekly reports August 6, the trader, accepted by pseudonym Feng Bin, was clumsy to affirmation 38 BCH ($26,500) back Okcoin added abutment for Bitcoin’s adamantine angle aftermost year.

By the time he had contacted chump abutment and advised what appeared to be a abstruse issue, the barter banned to accolade the funds, answer that a borderline for all barter to affirmation the funds had passed.

This deadline, Feng alleges, never existed.

“I accept been advantageous absorption to the advertisement of the OKcoin (BCH) release,” he told the publication.

Okcoin is now advancing beneath acknowledged burden because of its abhorrence to abode the matter. According to officials, a set aeon for claiming BCH [coin_price coin=bitcoin-cash] came and went, while Feng claims he had no admission to the claiming ability due to the absence of a appointed affection aural his account.

The aboriginal acknowledged affairs began at the alpha of 2024, the complaint additionally extending to Feng accident the adeptness to barter BCH at favorable ante due to his allocation actuality quarantined.

The exchange’s behavior has been “extraordinary,” he added.

Various exchanges had accomplished teething problems to greater or bottom extents while processing the Bitcoin Cash phenomenon.

While some operators were initially bromidic to alike add abutment for the airdrop of coins, others, such as Coinbase, alone added affirmation functions months after the antecedent release. This, users complained at the time, additionally resulted in arbitrary disadvantage.

Coinbase has additionally faced acknowledged threats over alleged cabal trading affiliated to Bitcoin Cash, which against could accept accustomed assertive parties the ability to advertise at highs.

What do you anticipate about Okcoin’s Bitcoin Cash debacle? Let us apperceive in the comments below!

Images address of Shutterstock