Disaster strikes right before the MICA compliance deadline—the timing is way too precise. Is it just a coincidence, or a structured wind-down? CoinMetro shifts the blame to the service provider, but after years of internal investigations, they’re only saying it now—leaving users to take the hardest hit.

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CoinNetwork
CoinWorld news, according to Protos, the Estonian cryptocurrency exchange CoinMetro has applied for bankruptcy reorganization with the Estonian court, and suspended user registration, deposits, and withdrawals on June 22. CoinMetro stated that the failure of a financial service provider led to a deterioration of its financial condition. CEO Kevin Murcko said in a YouTube livestream that multiple service providers are actually involved, and the company has been conducting internal investigations for years. Murcko stated that as the MICA compliance deadline of July 1 approaches, this financial issue has become significant.
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