Poloniex Exchange Faces Unexpected Problem

Exchange Poloniex, whose main investor is Tron CEO Justin Sun, tweeted that it faced a sudden problem about an hour ago and has been investigating it ever since.

No details have been shared yet. However, Justin Sun has tweeted several times, saying that the fund is SAFU and Poloniex will continue its investigation as soon as possible.

Users on twitter complained and asked to clarify how long it would take to resolve the issue. Some of them also insisted that exchanges should hire an independent audit firm to check their security systems to avoid this problem in the future.

Poloniex is back online

Less than an hour since the aforementioned tweet about the safety of funds, Justin Sun spoke to the community to announce that Poloniex is back online and exchange operations will resume soon.

Leave a Comment