Post
Topic
Board Bitcoin Discussion
Re: BTC-e joint refund group
by
Betwrong
on 03/08/2017, 08:02:23 UTC
I don't believe the US will confiscate bitcoins from anyone who hasn't committed any illegal act as that would be illegal on their part.

LOL.. They absolutely will.

All of us who had coins on BTC-e will not see ANYTHING for years. If at all.. Sad..

I always like BTC-e. Seemed a no-nonsense site.. It was actually my FIRST..  I'll miss it.

I had moved my BTC out of the exchange in readiness for Aug 1st.. so Only had a few Litecoins on there. Enough to hurt, but not to cry.

OP - Sorry for your loss. That's a cry amount...


But why? Isn't that illegal to take away other people's money, when they are just regular citizens? How can they explain that? What excuses can they use?

I think money will be returned in a month, in two months max.

Returned by who? The FBI etc didn't even announce any seizure of funds. Naturally anything exposed to Moneypolo, Okpay, Mayzus could be seized. But based on how BTC-e was organized, it's very possible that much of the funds are intact. There was mention of purses being seized but one would hope that 1) they are encrypted and 2) just hot wallets.

Best chance of repayment is from BTC-e, not the feds. The DOJ is treating this like Libertyreserve.

Exactly. The funds are not seized but frozen. That's why it is a big chance that the funds will be returned to customers of BTC-e since the vast majority of them are not criminals and it is not right to take their money from them.