Interruption of platform operations
Milan, 21 February 2023
The Rock Trading informs that it has been necessary to interrupt the operation of its platform as of today's date, due to difficulties encountered in liquidity management.
The company is conducting internal audits to identify the causes of the problem and evaluating the adoption of all appropriate or necessary initiatives to protect customers and other stakeholders.
Further updates on the measures undertaken will be provided shortly.
Please note: As of today, February 21, 2023, you can access your The Rock Trading account, in read-only mode, to consult your balance, the movement list and to download the relevant reports.
Not your something, not your something. Or something like that.
The press release on the site:
From a couple days ago on r/CryptoCurrency (on Reddit):
Italian CEX "The Rock Trading" has halted operations due "difficulties encountered in liquidity management" and users cannot login inside their accounts. https://www.reddit.com/r/CryptoCurrency/comments/11735vz [Teddit]
And an article (in Italian):
The Rock Trading closes its doors, stop operations due to lack of liquidity https://it.investing.com/news/cryptocurrency-news/the-rock-trading-chiude-i-battenti-stop-alle-operazioni-per-mancanza-di-liquidita-2120963
See also another article on this, from CoinDesk:
‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’ https://www.coindesk.com/consensus-magazine/2023/02/24/italian-ftx-leaves-users-in-limbo-citing-difficulties-in-liquidity-management [Archive]