Spanish Exchange 2gether Blocks Operations, affecting 100K Users
According to RTVE, the Spanish state-owned media company RTVE reports that 2gether, a Spanish cryptocurrency platform, is closing down. According to the Spanish Association of Financial Users, about 100,000 users will be affected by this sudden shutdown.
Spanish cryptocurrency platform 2gether will be shutting down. According to a report by the state-owned public media company RTVE, the sudden shutdown will affect approximately 100,000 users.
This article is based on information from the Spanish non-profit Association of Financial Users, (Asufin in Spanish), that has launched an platform to help 2gether’s users file legal action against this company.
The email titled “Closure Of 2gether Accounts” was sent to 2gether users. It appears that the information about the closure came from July 6th. The screenshots indicate that the company informed users that accounts had to be closed due to lack of resources. This information has not been independently verified by The Block.
The screenshot in Spanish reads: “After five years of serving the crypto community, it is time for us to close the service on individual accounts.” “The crypto winter and a lack of resources have prevented us from offering the same quality service that nearby providers [offer].
According to reports, the exchange informed account holders that they would charge them 20 euros each for crypto. This amount was deducted from their crypto accounts and any balance remaining in euros. The screenshot states that “If you don’t have sufficient funds, we will close your 2gether account.”
A second screenshot was posted on Twitter on July 7, and appears to show what appears to be a clarification from 2gether regarding account closures. The image has not been verified and the company claims that its app will be available until July 20th for euro bank transfers and withdrawals of BTC and ETH. It states that any balances remaining will be converted into euros and available on 2gether cards until expiration.
Asufin states on its website, however, that the 2gether app and website are blocked and do not allow users to perform any functions.
Asufin states that the money in this platform cannot be redeemed at this point. Defunct is also the Twitter account of the company.
The 2gether page displays a page that says “Web under maintenance” and then “You will soon get 2gether novelties.” There is also a PDF at top asking for a meeting with the company’s partners, which was supposed to have taken place on June 21.
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