Hodl Hodl Resurfaces With Explanations After Announcing Forced Liquidations, ...

Hodl Hodl Resurfaces With Explanations After Announcing Forced Liquidations, ...

After arousing confusion with incomplete communication and forced liquidations on lending contracts, Hodl Hodl explains what happened.On August 1st, peer-to-peer bitcoin trading and lending platform Hodl Hodl tweeted that the company was upgrading its security measures and contacting users individually through email. A few hours later, the firm shared it was force-liquidating some contracts in its lending platform, without further explanations. But today, Hodl Hodl released a PGP signed statement explaining the events and apologizing for the lack of proper communication.“[We] have started....


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