It seems like Bitvavo has a serious hole in their balance sheet. We are talking about a 280 million euro hole. They tried to hide it for weeks, but after Protos came out with this source message. They quickly came with a post of their own. Now I see a lot of people saying that they think there is some insurance for a 100k. But there is no such thing. This guarantee is from Bitvavo themself. If they default then so does that guarantee. I would advice everyone to withdraw funds ASAP. We are all ready getting signals that mobile withdrawals have been frozen.
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