Investors Who Lost Big in Poloniex Flash Crash Receive Bitcoin Refunds
Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time
The cryptocurrency exchange – recently acquired by an investment group including Tron – now says its systems are back to normal.
The new KYC requirements come a week after Poloniex completed its U.S. exit.
The new platform uses Tron's TRX token for purchases and its first project is within the Tron fold.
Sean Neville, co-founder of Circle, is stepping down as co-CEO six years after founding the crypto trading and payments startup with Jeremy Allaire.
Less than two years after paying $400 million to acquire Poloniex, Circle is spinning out the crypto exchange to an Asian investor group.