BitRss.com latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

FCoin Employee Allegedly Burns Team Member Tokens Worth $75M

FCoin Employee Allegedly Burns Team Member Tokens Worth $75M
FCoin, the native token of the Singapore-based exchange, has allegedly had a rogue employee destroy tokens worth $75,171,370 USD, belonging to both the platform and its team members.

The FCoin Story has gone from bad to worse
It started off with rumors of a hack, like so many other crypto exchanges, but it seems the FCoin story has had a dramatic plot twist. A disgruntled employee has allegedly destroyed the entire token supply of the FCoin exchange.
The information comes by way of “Molly” a Chinese commentator, affiliated with Bitcoin Magazine and HashKeyClub. Molly’s source told her that the employee was mad at the FCoin team and deleted the entire database, which kept track of FCoin tokens.
The exchange had previously made a public statement to their community that the team themselves had elected to destroy the remaining FCoin tokens. They said that their decision was based on a prior token burn the year before, in which the community held a referendum and elected to destroy 5,044,114,837.92336501 FCoin tokens.


</div>
	
<style>
/*  */

#screenshot{
	position:absolute;
	border:1px solid #ccc;
	background:#333;
	padding:5px;
	display:none;
	color:#fff;
	}
/*  */
</style>
<script src=
BitRss.com shares this Contents with License.

Thank you for Share!

   

Search Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, from up to 70 Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

24h Most Popular News