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CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale.
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CoinFLEX recovery plan includes tokenized bad debt and more yields
CoinFLEX recovery plan includes tokenized bad debt and more yields
The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired.
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