Summary of the latest post from coinflex.lol Coinflex was never a profitable company not even during the bull market. Mike Komaransky who ran a hedge fund Grapefruit on Coinflex was also a director of Coinflex giving him access to all the positions of other Coinflex account holders. Coinflex is desperate to proceed with a restructuring plan because it protects the directors from scrutiny if an independent administrator is appointed. One good bit of info in the post is that it looks like the BCH held for the smartBCH bridge will be paid back. coinflex.lol
3 comments
These scammers took 90% of my noise and sbch earnings too. So do you know if the following funds of mine will be included in the list of being returned: I moved flexUSD tokens from my wallet (sbch) to CoinFlex. Then converted the into usdc and BCH. They gave back only 10%. The rest of the 90%. Will it be available?
Have you joined the main group of creditors to claim your funds? I also am a creditor but most of mine was in Flex which is now worthless.
Noni haven't joined it. O thought I'd be staying on course with updates from official blog posts. But somehow I missed it. Do you know if it's too late now to join?