sBCH Community Q&A

Please find our responses here to questions from the SmartBCH community.

Update Separate to the Questions:

Below is a section quoted directly from our other recent blog post, which outlines our plans and goals for SmartBCH.

SmartBCH Liability Transfer

We are in advanced discussions (finalizing matters) with a group that wants to restore the bridge and take over the SmartBCH obligations. We aim to finalize and sign an agreement with this group as soon as possible.

This may conclude before the depositor vote, before the completion of restructuring, or post the completion of restructuring.

CoinFLEX Update: January 16, 2023

We understand that there has been media speculation and are writing to clarify misconceptions about the leaked materials concerning the proposed “GTX” Exchange. Please note that given the nature of ongoing discussions with various parties, we have not been able to share an update about the proposed plans, but aim…

Seychelles Restructuring Update

Dear CoinFLEX Community, It has  been a while since our last update on the Reorganization process. As you are aware, our priority has been to implement the Scheme of Arrangement, which was overwhelmingly approved by the creditors.  The implementation of the Scheme of Arrangement would allow us to: Distribute the…