Post
Topic
Board Exchanges
Re: BTER.com hacked - 7170 BTC stolen [DON'T KEEP YOUR MONEY ON AN EXCHANGE]
by
noma
on 04/03/2015, 10:28:37 UTC

bankcrupty it's not best way, if will resume - we have chance not to lose money.
If they resume, I doubt they will be refunding the 2 million USD that got hacked. So they will probably resume without that

They might have found an investor with deep pockets. At first they were going to close the exchange and cease all operations save for the withdrawals only (though I didn't believe their words from the start), but now they are saying they are going to continue. Without returning the funds, opening the exchange doesn't make much sense. People would just withdraw their money in this case, and that would be the end of bter.

They way I think they plan to return is something better than nothing.
Even if they do not refund the BTC, the bitcoin world still has people who would continue trading on that site and they will still make money from it irrespective of it. So not refunding and  comeing back to try and resume is better for them than not refunding and leaving.