Digital Asset
Intelligence
Security Incident · Exchange

Bitmarket Insufficient liquidity

·Historical incident record

Incident Overview

On July 8, the Polish-based exchange Bitmarket abruptly shut down due to liquidity issues. The shutdown allegedly cost users a total of 2300 bitcoin (approximately $23 million) according to Polish prosecutors. The exchange’s official site was replaced with the following message: “We regret to inform you that due to the loss of liquidity, from 08/07/2019, Bitmarket.pl/net was forced to cease its operations. We will inform you about further steps.” Two weeks later, one of the exchange's co-owners was found shot dead

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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