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Ethereum's flash-crash victims are getting their money back

Ethereum's price crashed from $296 to $13 around 12:30 p.m. ET time Wednesday on GDAX's exchange. It quickly recovered those losses in a matter of minutes.

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People who lost money as a result of Ethereum's flash crash on Wednesday are being made whole, according to a blog post from GDAX.

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  • For customers who had buy orders filled — we are honoring all executed orders and no trades will be reversed.
  • For affected customers who had margin calls or stop loss orders executed — we are crediting you using company funds.

Ethereum's price crashed from $296 to $13 around 12:30 p.m. ET time Wednesday on GDAX's exchange. It recovered those losses in a matter of minutes. Previously, GDAX said customers would not be refunded.

As of Friday afternoon, Ethereum was up about 3,700% in 2017.

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