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FCoin is a digital asset trading platform that was launched in May 2018. It rapidly accumulated huge transaction volumes through a new business model called "transaction mining". However, in 2020, FCoin declared bankruptcy after disclosing a Bitcoin shortfall of up to $130 million.
FCoin is a digital asset trading platform that was launched in May 2018. It rapidly accumulated huge transaction volumes through a new business model called "transaction mining". However, in 2020, FCoin declared bankruptcy after disclosing a Bitcoin shortfall of up to $130 million.