{"id":320530,"date":"2023-04-25T23:25:21","date_gmt":"2023-04-25T22:25:21","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=320530"},"modified":"2023-04-25T23:25:21","modified_gmt":"2023-04-25T22:25:21","slug":"coinloan-halts-all-withdrawals-user-services","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/","title":{"rendered":"CoinLoan halts all withdrawals, user services"},"content":{"rendered":"

Estonia-based crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25<\/a> blog post.<\/p>\n

The company said it received a notice of restraint on disposition that requires it to halt all user operations, including user withdrawals.<\/p>\n

The notice in question says that CoinLoan cannot dispose of assets without the consent of a provisional liquidator. It also suggests that bankruptcy proceedings are underway, though CoinLoan itself has not confirmed that it has filed for bankruptcy.<\/p>\n

Instead, CoinLoan called the notice “unexpected.” The company said that the changes would take effect immediately and said that it has “no choice but to comply.”<\/p>\n

CoinLoan previously limited user withdrawals in July 2022, around the time of widespread failures in the crypto lending market. It also reduced withdrawal limits in November 2022, around the time of FTX<\/a>‘s collapse. The company justified those reductions based on higher-than-usual withdrawals rather than exposure to the affected companies.<\/p>\n

On both occasions, CoinLoan set daily withdrawal limits to $5,000. It is unclear whether it reversed those withdrawal limits at other points in time.<\/p>\n","protected":false},"excerpt":{"rendered":"

Estonia-based crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25 blog post. The company said it received a notice of restraint on disposition that requires it to halt all user operations, including user withdrawals. The notice in question says that CoinLoan cannot dispose of assets without the consent […]<\/p>\n","protected":false},"author":1403,"featured_media":290791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77901,39,60035],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nCoinLoan halts all withdrawals, user services<\/title>\n<meta name=\"description\" content=\"Estonian crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25 blog post.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoinLoan halts all withdrawals, user services\" \/>\n<meta property=\"og:description\" content=\"Estonian crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25 blog post.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-25T22:25:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/closed-cryptocurrency.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Dalton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Dalton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person\",\"name\":\"Mike Dalton\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"caption\":\"Mike Dalton\"},\"jobTitle\":\"Former Journalist\",\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},\"headline\":\"CoinLoan halts all withdrawals, user services\",\"datePublished\":\"2023-04-25T22:25:21+00:00\",\"dateModified\":\"2023-04-25T22:25:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/\"},\"wordCount\":181,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Bankruptcy\",\"Exchanges\",\"Lending\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/\",\"url\":\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/\",\"name\":\"CoinLoan halts all withdrawals, user services\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2023-04-25T22:25:21+00:00\",\"dateModified\":\"2023-04-25T22:25:21+00:00\",\"description\":\"Estonian crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25 blog post.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CoinLoan halts all withdrawals, user services\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/7d8d6e15408b301718d9cc807053e582\",\"name\":\"Mike Dalton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg\",\"caption\":\"Mike Dalton\"},\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CoinLoan halts all withdrawals, user services","description":"Estonian crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25 blog post.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/","og_locale":"en_US","og_type":"article","og_title":"CoinLoan halts all withdrawals, user services","og_description":"Estonian crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25 blog post.","og_url":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/","og_site_name":"CryptoSlate","article_published_time":"2023-04-25T22:25:21+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/closed-cryptocurrency.jpg","type":"image\/jpeg"}],"author":"Mike Dalton","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Mike Dalton","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person","name":"Mike Dalton","url":"https:\/\/cryptoslate.com\/author\/mike-dalton\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg","caption":"Mike Dalton"},"jobTitle":"Former Journalist","description":"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"}},"headline":"CoinLoan halts all withdrawals, user services","datePublished":"2023-04-25T22:25:21+00:00","dateModified":"2023-04-25T22:25:21+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/"},"wordCount":181,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Bankruptcy","Exchanges","Lending"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/","url":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/","name":"CoinLoan halts all withdrawals, user services","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2023-04-25T22:25:21+00:00","dateModified":"2023-04-25T22:25:21+00:00","description":"Estonian crypto platform CoinLoan has halted all user withdrawals and activity, as announced in an April 25 blog post.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/coinloan-halts-all-withdrawals-user-services\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"CoinLoan halts all withdrawals, user services"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/7d8d6e15408b301718d9cc807053e582","name":"Mike Dalton","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg","caption":"Mike Dalton"},"description":"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.","url":"https:\/\/cryptoslate.com\/author\/mike-dalton\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/320530"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1403"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=320530"}],"version-history":[{"count":21,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/320530\/revisions"}],"predecessor-version":[{"id":320554,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/320530\/revisions\/320554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/290791"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=320530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=320530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=320530"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=320530"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=320530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}