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Polish Crypto Exchange Bitmarket Suddenly Pulls the Plug with no Explanation

According to reports from CoinDesk, Poland’s second-largest exchange, Bitmarket, announced on July 8, 2019, that it ceased operations due to a lack of liquidity.

Ghost Exchange

Visiting the bitmarket.pl site, a short message in both Polish and English states:

“Dear Users,
We regret to inform you that due to the loss of liquidity, since 08/07/2019, Bitmarket.pl/net was forced to cease its operations. We will inform you about further steps.”

According to CoinMarketCap, the last volume registered on the exchange was around $850,000 during the day in the following pairs BTC/PLN, LTC/PLN, ETH/PLN, BTC/EUR, XRP/PLN, and BTG/PLN.

Although it was one of the longest-running Polish exchanges, over the last few weeks there had been several alarm bells highlighted by the Reddit user…

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