Many Poloniex users filed a complaint About "freezes" their account on May 27 after the completion of the new verification procedures.
The account holders claim On social media That after their identity is confirmed They receive notification that they can continue trading now ,But then their accounts are blocked.
The problems, which Polonix did not specifically recognize, began on the same day the stock exchange issued a notice to users asking them to link their identity to their accounts.
The move is echoing similar requirements now applied on the stock exchange, Bitfinex, with less stringent standards on the market for Localbitcoins.
Frozen accounts appear to affect many users who are subject to verification, with multiple reports confirming the persistence of the problem.
In February, Poloniex was sold to Goldman Sachs-backed Circle in a deal worth $ 400 million, and as of the time of publication, the stock market ranks 25th in the world in terms of volume, according to the data of the Coinmarketcap data.
