Belgium-based crypto lending platform Bit4You has suspended all operations after the asset storage services provider went bankrupt.
Bti4You, one of its key partners, said in a recent post on its official blog. Estonia based crypto custody services provider CoinLoan’s bankruptcy and that the assets of the platform important part of stranded He said he stayed. In this context, Bit4You not be a victim for temporary One for a while including withdrawals suspend all operations announced that he had
credit platform, CoinLoan’s their obligations that you can afford your beliefs about full The data they disclose when stating that your platform some of your assets important One part of on CoinLoan stranded showed that it was. Some stuck on the platform major assets the following happened:
- Cardano: Your total amount 59% 638,630 piece ($259k)
- BNB: Your total amount 48.11% 501.1 piece (161k dollars)
- Bitcoin: Your total amount 81.45% 145.3 piece ($4.2 million)
- CoinLoan: Your total amount 100% of 2,500 piece ($15.8k)
- Polkadot: Your total amount 25.02% of 5,892.6 piece (34.6 thousand dollars)
- Ethereum: Your total amount 67.32% 1.097.4% piece ($2 million)
- Chainlink: Your total amount 35.34% 4,822.8 piece (34.3 thousand dollars)
- Litecoin: Your total amount 27.58% 512.8% piece (45.7 thousand dollars)
- Tether: Your total amount 0.25% 5,294.3 piece (5.2 thousand dollars)
- Stellar: Your total amount 59.07% 452,075.6 piece (40.6 thousand dollars)
- Monero: Your total amount 54.98% 279.09 piece (43.1 thousand dollars)
- Ripple: Your total amount 85.66% of 1,247,519 piece ($591k)
CoinLoan, in a statement on the subject published on the official blog site, stated that the company assets obligations able to afford level however, in the current situation, the decision taken by the authorities complied with stated that it should. The storage services provider does the best that can be done. temporary One trustee appointment and the financial situation of the company independent One third by party examination stated that.
to the court objection they will but also decide have to comply The company, which states that they are to protect And necessary steps to throw everything you can for what they will do promised.