Livecoin exchange goes offline after Bitcoin price reportedly exceeds $320K

[newshunter]

Livecoin exchange goes offline after Bitcoin price reportedly exceeds $320K

Russian crypto exchange Livecoin claims that it has suffered a “carefully planned attack,” but some in the community suspect an exit scam.

Source: Livecoin exchange goes offline after Bitcoin price reportedly exceeds $320K

Would appreciate your opinion about this

[TomPluz]

I would not be wondering that much if days from now we can ascertain that Livecoin is now a Deadcoin...or have gone into an exit scam just using what happened as the basis for saying goodbye from the cryptocurrency market. Well, anyway, I really do not have a full trust with this platform in the first place. Still, I am hoping they can survive and go beyond this big problem as there can be some people who are going to cry if they go 6 feet below the ground. One thing for sure, in this industry, we are going to see so many failed platforms, and they are going to be using many scenarios as excuses.

[Bobcrypto]

Obviously, there are gonna be very many exchanges that shall disappear from the cryptocurrecy economy as time goes on. This is becuase many these exchanges are established with wrong motive that was made made secret. There are others that has good intention but may not be able to face the competition with other notable exchanges, while very many of them has no good marketing strategies etc.

[Istiak]

So they are claiming that it's pre-planned and they have nothing to do with it. If this is the case then why don't they return people's funds and investigate the situation properly? I have used that exchange only one time and didn't face any problem but the BTC price exceeds 320k looks manipulated.