Community post
BTC-e update
BTC-e just tweeted a link to a post, saying that they were able to access their wallet and they will let us know how many coins are available. Pretty awesome considering they've been seized by the FBI. They also said that Mayzus Financial Services Ltd, apparently the company behind btc-e is under arrest.
Here's the tweet:
https://twitter.com/btcecom/status/893214554187902976
The link brings to a page in Russian, here's the link to the translation with Google Translator for you:
https://translate.google.com/translate?hl=en&sl=ru&tl=en&u=https%3A%2F%2Fbitcointalk.org%2Findex.php%3Ftopic%3D2063529.0&sandbox=1
This is the translated message they wrote in the forum:
Current information:
1. We were able to access our databases and wallets,
at the moment we are evaluating data and balances on koin,
this information will be made public by the end of next week.
2. We confirm that the main streams of the threads have been sent to
the service through Mayzus Financial Services Ltd
and at the moment they are arrested.
--
Let's hope that they'll be able to return the funds to the owner, that could be amazing for their credibility and for the credibility of Bitcoin and other cryptocurrencies. Also let's hope that they'll be able to resume the website.
Another question will be: do traders will trust btc-e again after what happened? I personally don't think that the other exchanges are much safer than btc-e.com, it only happened that btc-e was the destination of the MtGox hack. The point I'm making here is, keep your money in a safe paper wallet and move into a trading account only what you're going to trade, then back to your paper wallet.
Let me know what do you think about btc-e.
Federico Ulfo
Creative Software Engineer
https://twitter.com/feulf
https://linkedin.com/in/federicoulfo
Replies (5)
Thanks for the fast Article , Like it
people should consider using a decentralized exchange like bitshares or waves because it is a good way of protecting crypto assets.
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STOPAgreed, we should use decentralized exchanges, at some point even to exchange from dollar to cryptocurrency. I'm not too familiar with Bitshares and I never heard of Waves, can you exchange USD to cryptocurrency and vice-versa, or only do cryptocurrency to cryptocurrency?
Anyway, as soon as Segwit will be enabled on Bitcoin, thanks to Lighting Network, we'll be able to do inter-chain exchange between Bitcoin and Litecoin. I just wonder if that will be a game changer for Poloniex, Bittrex and the other exchanges. Coinbase will be sticking around for a while because we still need to convert USD into a cryptocurrency... unless Bitshares and Waves can do that, of course!!
Curious to hear your opinion.
Thanks for the update I have my trading funds locked there... I was sure they will be back and I still trust BTC-E and will pull my money out if they will run their platform on a safe decentralized data center