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0 sats \ 1 reply \ @cryptocoin OP 10 Aug 2022
Here's an article on this, from The Block:
German fintech Nuri files for insolvency amid market downturn
https://www.theblock.co/post/162545/german-fintech-nuri-files-for-insolvency-amid-market-downturn
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0 sats \ 0 replies \ @cryptocoin OP 10 Aug 2022
Nuri (Bitwala) has been around since 2015:
https://en.wikipedia.org/wiki/Bitwala
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0 sats \ 0 replies \ @cryptocoin OP 10 Aug 2022
They claim withdrawals (and deposits, and investments, and everything else) are still functioning but there are reports of problems withdrawing. e.g.,
But Nuri replied, asking the user to DM for assistance. So maybe they are just insolvent / cash-flow wise, but customers did not lose access to their balances or the ability to transact.
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