Zimbabwe’s largest crypto exchange, Golix has been ordered to shut down after the Reserve Bank banned bitcoin transactions.
Golix has over 50 000 customers transacted over $20 million to date. Customers have panicked and say Golix was holding onto their currency and not responding to enquiries. The customers have not been able to withdraw their money or bitcoin.
“When you phone their landline, they say they are just processing.” Many fear that they have lost their money.