Email sent to Bitmit Customers

Bitmit announced today that it will be closing up shop and those still in the system should remove anything of value and move on.

It’s surprising one of the most well know online auctions sites that uses bitcoin will no longer be connecting buyers and sellers. Furthermore with bitcoins recent significant rise in value, it raises big questions on how their business model has failed.

Bitmit reports that: “There has not been any hack, missing funds etc. ”

More to come as we get it, comment if you have any updates or comments!