Spanish crypto platform 2gether closes unexpectedly: RTVE

Quick Take

  • Spanish cryptocurrency platform 2gether is shutting down, according to a report from the state-owned public media company RTVE. 
  • The sudden closure affects about 100,000 users, says the Spanish non-profit Association of Financial Users.

Spanish cryptocurrency platform 2gether is shutting down, with the sudden closure affecting about 100,000 users according to a report from the state-owned public media company RTVE. 

The article cites information from Spanish non-profit Association of Financial Users (Asufin for its abbreviation in Spanish), which has launched a platform aimed at helping 2gether’s users take legal action against the company. 

Information about the closure seems to have come from an email sent to 2gether users entitled “Closure of 2gether Accounts,” which Twitter users started circulating on July 6. According to the screenshots, which The Block has not independently verified, the company notified users that it had to close accounts due to a lack of resources. 

“After five years serving the crypto community, we are forced to close the service of individual accounts,” the screenshot says in Spanish. “The lack of resources and the crypto winter prevent us from providing the service