Customers Struggle to Withdraw Assets From Hong Kong Crypto Exchange Coinsuper

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Customers Struggle to Withdraw Assets From Hong Kong Crypto Exchange Coinsuper Customers of a Hong Kong-based cryptocurrency exchange have struggled to withdraw funds for months according to a Bloomberg report. Dozens of Coinsuper’s clients have reported being unable to make withdrawals since late November last year. Founded in 2017 it had been the only communication from the company since complaints arose about failed withdrawals in late November. According to one firm who had invested in Coinsuper handling around $18.5 million of volume in the past day. Pantera could also not be reached for comment. The furor surrounding the affair may contribute to calls for greater regulatory oversight in Hong Kong. In November 2020 then stopped replying on WeChat. A partner at the firm said it had written off its entire roughly $1 million investment in the company. Meanwhile the city’s financial regulator said it was considering a licensing regime for all crypto-trading platforms 000 in assets between them. At least seven people have now filed a group complaint and reported the matter to the police. A spokesman for the Hong Kong police confirmed it was investigating at least one case in which a person who bought cryptocurrency Hong Kong has an

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