Post
Topic
Board Bitcoin Discussion
Re: BTC-e.com down ! Police detains the owner .
by
CryptoBit1
on 29/07/2017, 03:52:24 UTC
I think people might be misunderstanding all that is

happening.  I don't think this has happened in any of

the crypto exchanges until now but people seem to

be taking the news as if the owners ran off with the

money or the exchange went insolvent or the cold

storage wallets were hacked which isn't the case this

 time -  that's when for sure you know you lost

money. This is about a legal issue and how the site

was used by criminals around the world without the

owners trying to prevent it or laying out better

security. The FBI decided to arrest the owner

because they were not being more responsible about

  letting criminal activity take place on the exchange.

 The media and law enforcement made management

 look worse the what they are because some people

were using there site as a gateway for illicit activity.

I've been using BTCe since early 2013 and know

management is better than what they are saying.

 That's my opinion. But as for the money I think we

should be able to withdraw sometime in the near

future but it might be weeks or months away.