Post
Topic
Board Press
Re: [2017-07-29] btc-e domain seizure by us law enforcement sparks jurisdiction...
by
1Referee
on 30/07/2017, 11:46:07 UTC
Afraid at the time i decided to withdraw my bitcoins from btc-e
You did the right thing by taking out your coins immediately after you somewhat lost confidence in BTC-E. I wish I did the same, but I unfortunately kept my coins at that exchange no matter what - turns out to be a horrible decision. My loss could have been worse as I was planning to deposit even more Bitcoins, but something (not sure what, but I am extremely happy looking back now) held me back. In that regard my losses aren't as severe as they potentially could have been.

It is not fair that the US government does not return bitcoin from the people, those people who have their funds in the btc-e are not guilty.
That indeed is very frustrating. I think they look at BTC-E in the exact same way as they look at the deep web markets that have been taken down recently. In other words, according to them BTC-E is a service infested with thieves, scammers, drug dealers, terrorists, etc. More than $1 billion in user funds are now officially in the hands of the US government. These funds will get auctioned off in batches, similar to how previous coin auctions have been. This isn't justice, but pure theft committed by the US government - the ruler of the world.