News
Bitspark Closes Amid Restructuring, Coronavirus and Protests
Summary: Bitspark, the Hong Kong-based blockchain remittance startup, has announced that due to internal restructuring issues it will be closing. On Feb. 3, George Harrap, Bitspark co-founder and CEO, officially announced plans to shut down the platform on March 4, 2020. Users will have the opportunity to withdraw their cryptocurrencies from Feb. 3 to March 4. ...
Bitspark, the Hong Kong-based blockchain remittance startup, has announced that due to internal restructuring issues it will be closing.
On Feb. 3, George Harrap, Bitspark co-founder and CEO, officially announced plans to shut down the platform on March 4, 2020. Users will have the opportunity to withdraw their cryptocurrencies from Feb. 3 to March 4. After March 4, account logins will be disabled for a period of 90 days, during this time users can only withdraw their funds via Bitspark customer support.
According to the official announcement since co-founder Maxine Ryan declared she was stepping down the company has experienced internal restructuring issues, which have only been intensified by the coronavirus outbreak in China as well as anti-government protests in Hong Kong, which caused Bitspark to shut down the firm.
By Ramsey Baker
Tags: Bitspark,close,Coronavirus,Cryptocurrency,Hong Kong,protests
Link: Bitspark Closes Amid Restructuring, Coronavirus and Protests [Copy]
