CoinJelly Exchange Warns Users They Have 24 Hours To Remove Coins

Ownership of the Australian Bitcoin exchange CoinJelly is alleged to have changed hands and as a result of the purchase, CoinJelly users have been warned that they have 24 hours to remove their coins from the site. Despite the announcement, which was made via email and twitter, no notification of account closures has been made on the CoinJelly website although the sign up process has been disabled.

CoinJelly, which launched earlier this year, claimed to offer its users insurance up to 20 BTC through Zurich Financial Services, yet CoinJelly later removed any mention of that relationship.

In an interview with CoinDesk in July, CEO Ashley King claimed that CoinJelly would begin to offer ATM/debit cards for its customers as a result of purchasing assets from failed bitcoin bank yet successful scam Neo & Bee.

At this time, it's not known who purchased CoinJelly, or if the purchase took place at all. A search of ABN Lookup and ASIC Connect, a register for companies, business names, documents, reveals no changes as of yet.

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