Bitcoin exchange Dasset announces liquidation, closing access to assets


New Zealand-based crypto exchange Dasset, headquartered in Auckland, has closed access to assets for clients and announced the start of liquidation after six years of operation. This is reported by local media.

According to them, users unsuccessfully tried to withdraw funds from the platform for several months.

Commenting on the situation, Dasset CEO Stephen MacAskill explained that in January 2023, the exchange ended its cooperation with the banking provider and could not find a new one. The company is currently in the process of voluntary liquidation.

At the same time, the journalists noted that the exchange has not yet made relevant announcements in its social networksand users can still open a new account on the platform.

The link to the official Dasset website now leads to the page of the interim manager, the law firm Grant Thornton.

“Dasset’s management says the significant decline in asset values ​​and trading levels has impacted its ability to trade profitably. It was established that the appointment of liquidators was in the interests of all interested parties,” the statement said.

Grant Thornton lawyers intend to contact all clients of the platform in the near future and focus on the “safety and protection” of their assets.

Recall that in May 2020, as a result of “significant losses” due to a security breach in New Zealand, the Cryptopia crypto exchange announced its liquidation.

Found a mistake in the text? Select it and press CTRL+ENTER

ForkLog Newsletters: Keep your finger on the pulse of the bitcoin industry!

Leave a Reply