As I remember, their story with new re-verification started late in October. And there was a reddit discussion about their bankruptcy or whatever. And the exchange is still alive. And today there's another one which is muuuuuuch more alike to go gox))))
The main contradiction here is that, damn, that hitbtc is working on their platform. I did a small esearch last month... They added some features like brokerage reports, and are testing some new ones (contract trading, ++)... A goxing exchange would not act like this...
Another "pro" is the user complains who can't pass verification to START trading (
https://forum.hitbtc.com/discussion/29/i-am-being-denied-verified-status-and-i-don-t-know-why#latest). Looks more like they experience some pressure from outside concerning AML policy... A potential bankrupt does his best to get as much money as possible and ASAP. That's what they are not doing.
p.s. I never had more than 200 euro on my account on any exchange. I don't know, what would I do if I had over 10 000 stuck somewhere. So, please don't follow my point of view blindly. I just think that it is all not as bad as you say.
nah. that is not what is happening.
I have been through all the full verification to deposit and withdraw a few k euro daily and went through the "new" verification again (I´ve been active on hitbtc for the larger part of 2014). What they ask for is what all the others want (makes sense, since the same AML regulations apply to all of them). They had that from me and they got it again. And now the say something about "current AML" regulations and that the money is "frozen". But at the same time suggest to move the money out by exchanging eur to btc (at their higher then elsewhere rates).
There is no new regulation since the last verification I went through with them (a few weeks ago).
They worked fine for some time, but now they seem unable to process fiat withdrawals (not more then a few k).
I believe they either are an honest exchange and just don´t have the money or they are an dishonest exchange and well, it was a hitbtc and run.
Either way, they do unexpectedly not process larger fiat transactions and I dont care why. If something doesn´t work, it doesn´t work.