Okcoin is in trouble - a glitch just halted trading on their 20x leverage future

Started by monsterer, April 17, 2015, 12:53:32 PM

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monsterer

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April 17, 2015, 12:53:32 PM
Apparently their bitcoin futures market just settled at $284, margin calling every single short and then the site went down:

http://www.reddit.com/r/Bitcoin/comments/32wjjm/okcoin_futures_just_settled_at_284_instantly/

Ouch - wonder if anyone was able to withdraw before they noticed it!
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