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Showing posts from August, 2018

How ChangeNow.io Stole 100 Bitcoin Cash

Changenow.io, the cryptocurrency exchange accused of stealing 100 Bitcoin Cash, which is currently worth $64,090, is still holding on to the funds. In addition, the apparently shady exchange has turned to upvote-buying on Reddit as well as having moderators remove legitimate posts about the robbed client’s complaints. How it Started On the 7th of July, a post surfaced on  bitcointalk forum , with complaints of ChangeNow.io illegally holding a user’s 100 bitcoin cash (11 Bitcoins at the time). A similar message was posted on  reddit . According to these posts, on 4th July, the user with the pseudonym ni23457 sent 100 Bitcoin Cash to the ChangeNow.io platform in order to exchange them for bitcoins. ni23457 also mentioned that it was the more reputable Changelly exchange that he intended to use for his transaction but mistakenly used ChangeNow.io because of the similar names. User ni23457’s woes begun when ChangeNow froze his exchange account and demanded that he submit his