Quote from: suchmoon on March 06, 2015, 04:48:10 PM

Quote from: NewJerseyJess on March 06, 2015, 04:46:33 PM

Quote from: nagrom1981 on March 06, 2015, 04:43:54 PM

This just happened.

https://twitter.com/CoinSwapNet/status/573884993761624064

http://Coin-swap.net will be shutting down on March 22nd, 2015. Please withdraw all funds immediately. Thank you for your support.

Is this the exchange behind paybase?

They might have borrowed some code perhaps, but no, Coin-Swap.net is a separate GAW-owned exchange.

It looks a bit like this

Josh was in Europe to finalize purchase of coinswap ( where it is based) and today the site said officially it has been sold to GAW They will now need to handle the turnover which is simpler if everyone has to remove their coins by March 22 or they will have an expensive audit/accounting nightmare and then probably set up the relaunch under a new banner.

The new exchange using coinswap tech/code ,which I fhave found very user freindly, will most likely be in Europe where it can open very quickly and cheaply ,compared to USA ,due to the regulatory environment being friendlier and the fact that no legislation has been passed YET ( par for the course in euroland !)