{"id":187514,"date":"2021-02-24T08:08:37","date_gmt":"2021-02-24T05:08:37","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/exchange-demands-users-return-bitcoin-bought-for-6k-during-tech-glitch\/"},"modified":"2021-02-24T08:08:37","modified_gmt":"2021-02-24T05:08:37","slug":"exchange-demands-users-return-bitcoin-bought-for-6k-during-tech-glitch","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/exchange-demands-users-return-bitcoin-bought-for-6k-during-tech-glitch\/","title":{"rendered":"# Exchange demands users return Bitcoin bought for $6K during tech glitch"},"content":{"rendered":"

“# Exchange demands users return Bitcoin bought for $6K during tech glitch <\/strong>”
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One of Southeast Asia\u2019s biggest crypto exchanges is blaming a technical glitch for the price of Bitcoin dropping down to 300,000 PHP, roughly $6,100, on Feb. 16.\u00a0<\/p>\n

An unknown number of customers of the Philippine Digital Assets Exchange, or PDAX, managed<\/a> to buy thousands of BTC from the exchange at a massive discount, making them local currency billionaires on paper \u2014 at least for a few hours. <\/p>\n

A number of PDAX customers withdrew their purchased Bitcoin<\/a>, up to the exchange\u2019s limit on individual accounts of one BTC per 24 hours. PDAX is reportedly<\/a> demanding these users refund BTC obtained during the crash under the threat of potential legal action. <\/p>\n

The tech glitch led to a 36 hour closure, and several users continue to report<\/a> remaining locked outside of their accounts.<\/p>\n

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Still unable to login for 7 days straight now. They’re trying to cover up something fishy here. I also heard from many of the users that their transactions was reversed by pdax during the downtime. They’re obviously lying because many still couldn’t access their accounts.<\/p>\n

\u2014 (@drumseth) February 22, 2021<\/a><\/p><\/blockquote>\n