What happened
Beijing-based “GBL” was advertised as a Hong Kong-based exchange and shut down after attracting significant investment. At the time, there was a Bitcoin craze in China, which lasted for much of the latter half of 2013 and was credited as the leading cause of the November 2013 bubble.
Case & protocol details
Classification
CeFi
Protocol Type
Exit Scam/Rugpull
Official Website
btc-glb.com/
Protocol Twitter/X
@GOBLCrypto
Evidence & learning
Sources and on-chain records
- report Report bitcointalk.org
- report Report coindesk.com
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