HitBTC User Rallying Support for Class-Action Suit

[kreslik.news]

A reddit user by the name ‘pedxs’ has invited other users to join him in a class action lawsuit against cryptocurrency exchange HitBTC.

He claims that the exchange has not been allowing him to withdraw his money, instead repeatedly requesting that he send personal information, purportedly to fulfil know-your-customer requirements. The sum involved is 6 BTC, or $41,910 at today’s price.

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From Saudia Arabia to Chile

Pedxs, who claims to be a student at MIT, consulted with a lawyer who informed him that this sum is too small to make a lawsuit worthwhile. At least 1,000 ... (read more)