Post
Topic
Board Bitcoin Discussion
Re: Bitfinex- bank blocked all their deposits
by
squatz1
on 18/04/2017, 21:37:13 UTC
Beginning 18th April, all incoming wires to Bitfinex will be blocked and refused by their Taiwan banks. This applies to all fiat currencies at the present time.

That means Bitfinex doesn't have bank accounts anymore. It seams their accounts are closed.

What's next? Take your money/funds out from Bitfinex as soon as possible. Smiley

https://www.cryptocoinsnews.com/op-ed-bitcoin-exchange-bitfinex-trouble/

http://www.coindesk.com/bitcoin-traders-raise-concerns-largest-us-dollar-exchange-halts-deposits/

Didn't bitfinex screw up last august and made the price crash badly? Then they came up with those ridiculous BFX tokens, and now this? Those guys should have closed business. I can't believe why people still trust their money with those guys.

It's the part that I guess people have always used Bitfinex and don't want to leave as people aren't really one to change. And I think the reasoning behind this was that they had issues with Fiat deposits such as Bank and Wire transfers and stuff which is completetly unrelated to people putting money into bitfinex when it comes to Bitcoin and other cryptos.

Even though I wouldn't trust them after the whole 'hacking' incident but still I wouldn't make this the reason you leave the company as a whole as people have issues with banks all the time. And going off off the size of their business and trade volume they should be able to fix this quicker.