Re: BitFinex has frozen my unverified cryptotrading account containing xxxxx USD!!
It looks like they are in an urgent need of ready money, and locking accounts worthy of thousands of dollars seems to be one of the ways to provide the required liquidity to themselves. I think they will return you your money in the end, but it may take some time. It is strange though that you continued to hold the money at Bitfinex after the hack. The writing was in big red capital letters across the wall.
That might be the case. Horrible if it is. Hopefully they will return all my assets. But I somehow have a strange feeling they won't and they will keep sending more and more questions. We will see, hehe. You are right. But prior to the hack, Bitfinex had never disappointed. Always worked 110% flawless. And that's for a few years of time which I find quite amazing. Fast response time, quick deposit & withdrawal, awesome features in the trading engine etc. After the hack I really thought they will never have any problems again. Since it will only hurt their credibility they are slowly building up again.
This was for sure a little wake-up-call for me
I don't think you could actually hope for or rely on your "rights" in this case. Let alone think if they are legal or not. That's the last thing that I would care about in your place, for the simple reason that they themselves didn't have any right to distribute losses incurred due to hack among users in the first place, since it was their fault, not their clients. After they had done this, it had become only a matter of time until they started locking accounts with money under any allegedly legitimate pretext.
That should become a true wake-up call for anyone still keeping money at Bitfinex.
Fingers crossed...Xx,xxxx doesn't really make sense. Is it xxx,xxx or xx,xxx (for example 100,000 or 10,000)?
Either way this is why I wouldn't ever keep anything on an exchange ever. Why trust a third party with your money? They could always just say you were using it for something illegal and now they own your bitcoins
Well. I believe it shouldn't even matter now when I think about it Either way this is why I wouldn't ever keep anything on an exchange ever. Why trust a third party with your money? They could always just say you were using it for something illegal and now they own your bitcoins
. The fact is that Bitfinex have frozen money although all I used was crypto. No fiat. It could be 10.000 USD or 500.000 USD. This does not matter and is not the problem. The problem is that I have done this for a long time. And now, after the hack, they all of a sudden decide to freeze assets and force verifications which I guess is concerning to more than just me. Probably the whole bitcoin community as a whole. The sum shouldn't change anything in my book. It was actually an X too much. Embarassing. xxxxx USDWhen Cryptsy scammed on their clients a year ago, they also ended up with something along these lines. For example, when you tried to login to your account, they asked for a secret question even if you had none set. I also failed to login, but since I had withdrawn all my funds before, I didn't care much and just told them to GTFO.
Somewhere across the forum there is a thread which reveals the sequence of events in full detail as they had been unwinding, with Cryptsy reps at first claiming that they are unaware of any issues, then trying to bully their clients, and finally simply disappearing when confronted with irresistible proofs.