Hi,
GDAX release
We will establish a process to credit customer accounts which experienced a margin call or stop loss order executed on the GDAX ETH-USD order book as a direct result of the rapid price movement at 12.30pm PT on June 21, 2017. This process will allow affected customers to restore the value of their ETH-USD account to the equivalent value of their ETH-USD account at the moment prior to the rapid price movement. To clarify:
For customers who had buy orders filled — we are honoring all executed orders and no trades will be reversed.
For affected customers who had margin calls or stop loss orders executed — we are crediting you using company funds.
The release clarified:
"For customers who had buy orders filled — we are honoring all executed orders and no trades will be reversed."
"For affected customers who had margin calls or stop loss orders executed — we are crediting you using company funds."
Ethereum's price crashed from $296 to $13 around 12:30 p.m. ET time Wednesday on GDAX's exchange. It recovered those losses in a matter of minutes.
GDAX - Makes all whole - 'Commercial Morals' ->
Ethereum set to Overtake Bitcoin Market Cap In 'The Flippening' until July?
https://steemit.com/bitcoin/@cryptolammer/ethereum-set-to-overtake-bitcoin-market-cap-in-the-flippening-until-july
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