FCoin News

A group of angry victims of insolvent Chinese cryptocurrency exchange, FCoin, has reportedly gone after the family members of CEO Zhang Jian to get refunds for their missing funds, according to local reports. FCoin Users Not Impressed Some of the affected users had formed several Rights activist groups since the CEO first announced that they […] The post $130 Million FCoin’s Insolvency: Angry Users Attacked CEO’s Family Seeking Refunds appeared first on CryptoPotato.

The sad case of the Bitcoin insolvent Chinese cryptocurrency exchange, FCoin has taken another turn as angry victims are now reportedly targeting the family members of the company’s management team. With $130 million worth of Bitcoin lost to the exchange’s mishap, a recent update on Twitter today shows that investors are now getting back to the families of the FCoin officers, particularly the CEO, Zhang Jian. As per the tweet, the victims went as far as going after the family members of the CEO. However, the family managed to find shelter from the furious FCoin users in a nearby police

The FCoin exchange has officially announced that it will relaunch operations. A committee was formed after the exchange announced insolvency, promising to eventually return users’ funds. The exchange’s existing team will resume the operation of the FCoin and FMex websites, handing them over to an “interim committee” led by community representatives. The announcement was made […]

After revealing it had become insolvent and unable to pay its customers an estimated 13,000 BTC (approximately $115 million at current market price), FCoin exchange has officially announced that they are preparing to restart their operations while promising to make refunds to affected users. FCoin To Compensate Users As per the announcement on the exchange’s […] The post Beating the Odds? Insolvent FCoin To Resume Operations And Attempt to Refund Users appeared first on CryptoPotato.

FCoin, the Chinese exchange which recently announced it would be suddenly shutting its doors, leaving its investors out in the cold, has now announced that it will be taking steps to not only resume its business, but also pay back the millions of dollars it owes.  FCoin has garnered a bad reputation since it began trading and suddenly shot to the upper echelons of trading volumes which many pointed out sounded too good to be true. This even led to Binance head, Changpeng Zhao calling out the exchange as a Ponzi scheme. “I rarely called out anyone, with exceptions. On Chinese social […]The post FCoin Rising from the Dead, Promises to Pay Back 13,000 BTC appeared first on The Daily Chain.

Shuttered Chinese crypto exchange, FCoin has launched a new interim committee to revive its operations, beginning with the reopening of its website and the release of a payback plan for affected users. FCoin CEO Zhang Jian disclosed earlier this month that the exchange could no longer handle user withdrawal requests after a combination of technical errors and indecision led to a shortfall of 7,000 to 13,000 BTC. However, following up on the promise to resuscitate the business, FCoin announced today that the current team would use optimal tech solutions to resume operations of the FCoin and FMex websites, and then

Chinese cryptocurrency exchange FCoin and its futures trading platform will be relaunching after announcing insolvency earlier this month. An interim committee consisting of community representatives will be in charge of...The post Chinese Crypto Exchange FCoin to Relaunch After Insolvency appeared first on Crypto Briefing.

FCoin announces its relaunch, promising to repay all its users