August 1 to August 21, 2017, the investment fund Atlantic Global Asset Management officially leaves for an unplanned vacation due to the change on August 1, 2017 in program code of bitcoin network and break in bitcoin-exchanges work.
Expanding the bitcoin network with the new software implementation by the world’s largest mining companies from around the world is the most important and long-awaited event of 2017, as it provides a new world trend in the cryptocurrency bitcoin development, which is an important financial tool for the thousands of companies and cryptocurrency exchanges all around the world.
Atlantic Global Asset Management is not an exception, as today, 97% of all funds used by the company’s customers are Bitcoin and Ethereum cryptocurrencies.
Officially, on August 1, 2017 at 00:00 three leading Chinese exchanges – Huobi, BTCC and OKCoin, as well as several Japanese, American and European cryptocurrency exchanges, will stop the possibility of deposit/withdrawal and exchange of bitcoin around the world for all customers and partner companies. This is due to unpredictable consequences and the disappearance risk of any transactions when working with cryptocurrency in the period of its improvement.
Dear customers, because of this and according to recommendations of our cryptocurrency exchange partners, Atlantic Global Asset Management decided to keep customers’ funds from possible losses due to in the Blockchain system problems and suspends its work with stock exchanges-partners as well as all financial operations in the company on depositing and withdrawing funds, and profits charging to customers on their portfolios terms. This temporary break in work is a compulsory measure, because the consequences of transactions during the bitcoin networks expanding are not predictable, and we do not want to endanger our clients’ funds.
During the stabilisation period of the bitcoin network from August 1 to 21, 2017, the clients will not receive profit according to their portfolios conditions, but in order not to violate the agreement terms of Atlantic Global Asset Management and its clients, all the portfolios terms without exception will be extended for 3 weeks.
We draw your attention that during the holiday season our marketing department, as well as the technical support and security service will continue their work as usual. All financial transactions for the domestic currency exchange between customers will be carried out freely without any restrictions. “Investor portfolio” purchase will be carried out as usual.
All purchased portfolios will begin their work after their purchase from Monday, August 21, 2017.