After suddenly and covertly changing the terms of conditions of Poloniex user today, it now seems that Poloniex is completely offline.
Reviewed by itself this news might not be taken as alarming, but given the rumors of insolvency this week that were described in the column below, it is concerning investors.
https://steemit.com/poloniex/@attalis/fears-of-poloniex-insolvency
Today's changes in terms and conditions were strange to say the least. Newsite Merkle noted today:
"The biggest change of all was made to Poloniex’s Arbitration section of the ToS. There have been quite a few rumors circulating regarding the potential insolvency of the Poloniex exchange. According to the new terms, all users trading on the platform waive their right to participate in a class action lawsuit or class-wide arbitration."
This together with the events of last week do not sit well with many investors.
Stay tuned for more updates when available.
Sources:
https://themerkle.com/poloniex-updates-terms-and-conditions-with-some-interesting-changes/
