Friday, 3 August 2018

OKEx Activates Clawback in $416 Mil BTC Futures Trade Gone Bad

In a perfect storm of events, a large investor’s bitcoin futures trade gone bad has rocked the No. 2 cryptocurrency exchange by trading volume, OKEx. The Hong Kong-based exchange said it “force liquidated … an enormous long position,” which according to reports was worth approximately $416 million. The trader, who remains anonymous at this point, […]

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source https://cryptocurrencyonline.co/okex-activates-clawback-in-416-mil-btc-futures-trade-gone-bad/

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