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Wed, Apr 7, 2021 4:04 PM by Coinfomania

South African Exchange ICE3x Shuts Down Over Insufficient Bitcoin and Litecoin Balances

South African cryptocurrency exchange ICE3x has announced that it is going out of business due to insufficient Bitcoin (BTC) and Litcoin (LTC) balances to cover the amount deposited by users. ICE3x, founded in December 2013 by Gareth Gobler, was one of South Africa’s oldest crypto exchanges. When the company’s issue began, its officials suspended the deposits, withdrawal, and trading of BTC and LTC on 16 March 2021 while other withdrawals were still being processed. Following the suspension, ICE3x started investigating the possible explanation for the inconsistency of the insufficient balances held on the platform. The exchange mentioned that it employed

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