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Justcoin says it is coming back online under new management, users demand missing XRP and STR

by Leon Pick
    Justcoin says it is coming back online under new management, users demand missing XRP and STR
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    Norway-based crypto Exchange Justcoin says that it will resume operations under new management on November 24:

    The exchange suddenly shut down several weeks ago after telling its users that its bank had closed its account, making it impossible to operate. That announcement came several weeks after a major hacking costing the exchange approximately $300,000 in lost XRP and stellar (STR). Justcoin insisted that the closure was unrelated to the hacking.

    The incident also ignited a war of words between Ripple and Justcoin, the latter blaming the former for a flaw in the protocol. Ripple forcefully rejected Justcoin's claims, arguing the exchange misconfigured the protocol's partial Payments feature.

    The information and design previously present on Justcoin's homepage is currently replaced with just a login page.

    Justcoin users have come out expressing some relief that it is reopening, but are demanding their lost XRP and STR.

    Norway-based crypto Exchange Justcoin says that it will resume operations under new management on November 24:

    The exchange suddenly shut down several weeks ago after telling its users that its bank had closed its account, making it impossible to operate. That announcement came several weeks after a major hacking costing the exchange approximately $300,000 in lost XRP and stellar (STR). Justcoin insisted that the closure was unrelated to the hacking.

    The incident also ignited a war of words between Ripple and Justcoin, the latter blaming the former for a flaw in the protocol. Ripple forcefully rejected Justcoin's claims, arguing the exchange misconfigured the protocol's partial Payments feature.

    The information and design previously present on Justcoin's homepage is currently replaced with just a login page.

    Justcoin users have come out expressing some relief that it is reopening, but are demanding their lost XRP and STR.

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