The Reason Why Japanese Crypto Exchange Zaif Sold Bitcoins For Free
An advantageous error for customer occurred last week at the Zaif cryptocurrency exchange. Because of this incident, the Japanese platform has enjoyed some users with a surprising price of cryptocurrency.
Being aware of the collapse occurred inside the crypto platform system, customers have rushed to benefit fully from the advantages they have gained. The error lasted only 20 minutes. During this time, a single person bought Bitcoins worth of $ 20 trillion, trying to sell them as soon as possible.
Tech Bureau Corp. mentioned yesterday that the incident took place on the 16th February 2018. Unfortunately, for the lucky buyers, the crypto exchange cancelled all the transactions made for free.
According to The Asahi Shimbun, “As at least one “buyer” attempted to resell their Bitcoins, an abnormally high quantity of the cryptocurrency appeared for sale on Zaif, and word soon spread on the Internet that around 2,200-trillion-yen worth of Bitcoin was on sale there. The problem was rectified by 7:34 p.m. the same day.”
A Tech Bureau Corp. representative has apologized to all clients for the inconveniences that took place. They promised to take measures to prevent such an error in the future.