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

  • 📰 News24
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines