The blockchain has not produced any new blocks or processed transactions for at least an hour and 40 minutes, leading some to believe its currently suffering an outage.
A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange.
Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting.