Upcoming end of liability for Bitcoin Cash fork

Post by **Steve Sokolowski** » Wed Feb 14, 2018 9:54 am

It came to Chris's attention yesterday that there are still some customers owed Bitcoin Cash who have not entered payout addresses. These balances were credited when Bitcoin Cash forked back in August.

Our primary security policy is to aggressively reduce our debts to have less money at risk of theft. We never want to have millions of dollars owed to customers, and our documentation states that, when payout coins become inactive for more than 90 days, our liability for those balances may end at our discretion.

On February 28, we will be declaring the end of liability for unclaimed Bitcoin Cash balances from the August fork. While we still retain balances after liability for them ends, we move them to cold wallets and do not guarantee a timely payment because of the effort involved. Additionally, after the end of liability, if a hack does occur, a total loss will be passed on to customers.

If you are affected, all you have to do to avoid any risk is to enter a payout address for Bitcoin Cash and be paid before February 28.