A Polish cryptocurrency exchanged called Coinroom shut down on April 2, 2019, taking numerous client accounts worth up to $15,000. The website is presently down and there is no way to get in touch with the creators.

“We don’t know how much they took,” said one user named Maciej. “But it is definitely a lot of cash.”

Polish information site Money.pl first uncovered the departure fraud on May 31.

“Coinroom registered as a business in 2016 and a year later opened its website. Clients could deposit, buy, and sell cryptocurrencies. They could also exchange cryptocurrency for fiat,” composed Marcin Łukasik on Money.pl. “In April users received an email that told them that their accounts would be closed. They had one day to get their cash out. In order to do this, they had to contact the exchange admins directly. Everything was laid out in the terms of service the users signed.”

The exchange shut the following day and users who did not comply with the proper treatment– one laid out by the exchange itself– lost their possessions.

The owners vanished and also the president, Tomasz Zbigniew Wiewióra, was not available to respond to concerns regarding the exit fraud. One Coinroom client located that Wiewióra opened a service in Estonia after leaving Poland. Users likewise believe that the firm contravened of the KNF, the Polish financial authority. Łukasik noted that the exact same point occurred to another exchange, Bitmarket24, leading to an overnight closure. Coinmarket was under investigation yet endured a couple of months after being gone into the KNF’s blacklisting.

One former user thinks the cash is long gone.

“There are some very interesting indicators that the cryptocurrencies were taken out and moved to other exchanges a few days before the shutdown,” he said. “On the blockchain nothing disappears.”

bitcoin
Bitcoin (BTC) $ 10,686.00
ethereum
Ethereum (ETH) $ 198.15
ripple
XRP (XRP) $ 0.277725
bitcoin-cash
Bitcoin Cash (BCH) $ 320.72
litecoin
Litecoin (LTC) $ 76.30
binancecoin
Binance Coin (BNB) $ 28.46
eos
EOS (EOS) $ 3.67
tether
Tether (USDT) $ 1.00
bitcoin-cash-sv
Bitcoin SV (BSV) $ 143.97
cardano
Cardano (ADA) $ 0.049807
monero
Monero (XMR) $ 86.87
stellar
Stellar (XLM) $ 0.070522
leo-token
LEO Token (LEO) $ 1.31
huobi-token
Huobi Token (HT) $ 4.91
tron
TRON (TRX) $ 0.017764
tezos
Tezos (XTZ) $ 1.20
chainlink
ChainLink (LINK) $ 2.55
okb
OKB (OKB) $ 3.02
dash
Dash (DASH) $ 95.53
neo
NEO (NEO) $ 9.99
cosmos
Cosmos (ATOM) $ 2.88
iota
IOTA (MIOTA) $ 0.250677
ethereum-classic
Ethereum Classic (ETC) $ 5.49
ontology
Ontology (ONT) $ 0.799774
nem
NEM (XEM) $ 0.056215
usd-coin
USD Coin (USDC) $ 1.00
crypto-com-chain
Crypto.com Chain (CRO) $ 0.044663
zcash
Zcash (ZEC) $ 53.21
maker
Maker (MKR) $ 512.24
v-systems
V.SYSTEMS (VSYS) $ 0.197979
dogecoin
Dogecoin (DOGE) $ 0.002771
decred
Decred (DCR) $ 26.13
lambda
Lambda (LAMB) $ 0.187657
vechain
VeChain (VET) $ 0.004609
qtum
Qtum (QTUM) $ 2.58
bitcoin-gold
Bitcoin Gold (BTG) $ 13.94
basic-attention-token
Basic Attention Token (BAT) $ 0.184527
paxos-standard
Paxos Standard (PAX) $ 0.997009
true-usd
TrueUSD (TUSD) $ 0.997013
algorand
Algorand (ALGO) $ 0.660460
omisego
OmiseGO (OMG) $ 1.22
lisk
Lisk (LSK) $ 1.25
holotoken
Holo (HOT) $ 0.000837
kucoin-shares
KuCoin Shares (KCS) $ 1.66
bytom
Bytom (BTM) $ 0.094801
ravencoin
Ravencoin (RVN) $ 0.033417
bittorrent-2
BitTorrent (BTT) $ 0.000662
nano
Nano (NANO) $ 1.04
bitcoin-diamond
Bitcoin Diamond (BCD) $ 0.709864
energi
Energi (NRG) $ 6.65