As many of you know on Saturday Pay Base released Flash Pay, this caused a melt down in there internal market causing the price of XPY to drop as low as 1 cent. Now some of us who seen this as a trading opportunity took the option to buy, mostly between 1 and 10 cent or slightly higher.
Now Pay Base has decided that because they set up the buy and sell feature by market prices + a spread (which really is a hidden fee) that they feel they have been scammed.
I am interested to know how many people have accounts lock, like I and @volder. (his says it on twitter) and I will report back on a daily basis on our ongoing battle to get our accounts unlocked so we can see the damage.
I will also make it clear that I did get to withdraw some of my XPY prior to the shut down and if my account has been reversed it will be an extremely cold day in hell before I give anything to pay base.