Lending Pool Loss Update #1: 1st BTC Margin Lending Pool Loss Payment Delivered Today

Today, we deposited our first payment to lenders in the Poloniex margin market who were affected by the generalized losses recognized last week. The first payment of 180.73606744 BTC has been distributed proportionally across lenders, which represents about 10% of the 1,800 BTC in generalized losses.

This applies only to lenders affected by the generalized losses recognized last week. If you were affected, you should see a deposit in your account under “Deposit & Withdrawal History.”

This is another step in fulfilling our commitment to make customers whole who were affected by the BTC margin lending pool losses.

We will continue to communicate with you as much as we can — and we know this has been frustrating. Thank you for your patience, it is greatly appreciated.