Breaking: Kresko Platform to Shut Down Services on September 10th

IconCryptoNewsTerminal Staff21 Aug, 2024

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Breaking: Kresko Platform to Shut Down Services on September 10th

Kresko, a notable synthetic asset platform, has recently made the difficult decision to discontinue its services, as announced through its official Twitter account. This news comes as a surprise to many users, as Kresko had gained recognition in the crypto space. Unfortunately, the founders have indicated that they are unable to sustain operations due to unforeseen health issues. Consequently, users are strongly encouraged to withdraw their funds from the platform by September 10th, 2023. Failure to do so may result in the loss of assets. While the exact reasons behind Kresko's shutdown remain undisclosed, it serves as a stark reminder of the unforeseen circumstances that can impact any business or platform. The crypto industry is particularly susceptible to such disruptions, and users should always exercise caution when investing in or using any platform. We urge our readers to stay informed about this development and to take appropriate actions to safeguard their assets.

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