Crypto cash freeze: SA company prevents withdrawal of portion of customers' crypto assets | News24

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Crypto cash freeze: SA company prevents withdrawal of portion of customers' crypto assets | News24
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Revix, A South African cryptocurrency investment company, has frozen 24% of its customer's crypto assets owing to trouble with one of their primary service providers.

(Photo Illustration by Omar Marques/SOPA Images/LiThis comes as withdrawals and deposits at a South Korean partner company suspended deposits and withdrawals from its platform earlier this month.For more stories, visit the Tech and TrendsRevix, A South African cryptocurrency investment company, has frozen 24% of its customer's crypto assets owing to trouble with one of their primary service providers.

One of Revix’s partners is a South Korean-based crypto company called Haru Invest. Haru holds a portion of Revix-controlled customer assets. Revix said that a careful approach was required on their part before informing customers of their frozen funds.

 

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