The Hong Kong-based Bitcoin Mercantile Exchange (BitMEX) has announced it will sell all the customers’ airdropped Bitcoin Cash balances and distribute the proceeds in Bitcoin.
The exchange made the announcement on Wednesday, explaining that because Bitcoin Cash was created through a “contentious hard fork” it will not allow users who received BCH to withdraw the coins to their personal wallets. The announcement reads:
“BitMEX does not agree with contentious hard forks, and does not accept the manner in which Bitcoin Cash was forked, or the lack of preparation or notice before the fork. We consider this a dangerous action that imposes unacceptable costs on end-users and businesses.”
