February 3, 2025

As previously announced the Purse Marketplace was acquired by MarketPlace Holdings and started a process of being wind down which included a KYC process for former users interested in any residual withdrawal of digital assets balances since September 2023.

MarketPlace Holdings is no longer able to maintain this process in place and is therefore announcing a final deadline for initiating and completing the KYC process and withdrawing any remaining digital assets balances for 31 March 2025, at h.23.59UTC.

Any and all user accounts that will not complete the KYC process and withdraw any residual digital asset balances by the final deadline will be terminated and will become permanently unrecoverable, including any data, digital assets or information related to those accounts.

Any and all former Purse Marketplace users are bound by the Purse Closure Terms and Conditions downloadable here.

It's important to note that both Purse and Marketplace Holdings have repeatedly reached out to users for more than 18 months urging them to withdraw their funds and undergo KYC.