Investors Who Lost Big in Poloniex Flash Crash Receive Bitcoin Refunds - CoinDesk

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Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time.

According to an official blog posting, Circle’s Poloniex exchange will cover lost funds by covering trading fees back through June 6. Poloinex’s Clam margin trading market experience a flash-crash on May 26. A 2014 airdropped token credited to holders of bitcoin, litecoin and dogecoin, Poloniex allowed margin trading on the coin till a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time.


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