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Board Exchanges
Re: BTC-e hacked ??
by
romani245
on 15/08/2017, 15:59:39 UTC
Quote from: btc-e.com
The FBI arrives to seize the server and everything for a new and so 1000 times.
Even if the server is hosted in the DNS and the domain can not be avoided in the torus, the question is whether you wait for 1.5 months each time until the service is restored?

Btce answering to "verification" question.

DNS = Donetsk Republic (in the Ukraine)
torus = TOR

So where does that leave us? It seems like the feds take many months and years to build a case before making a move. After they botched the BTC-e seizure so badly, they probably won't rush to immediately seize the new domain/servers. They'll take their sweet time. They want the real owners, not this Vinnik patsy.

It's impossible that they give people USD.  They have no way to cash out USD.  If there's no way to cash out USD, it's a token.  It's just money they invented, because it's impossible to remove from the platform.  Explain to me how 1 USD is different from 1 BTE in this scenario.

I don't think there is USD in the scenario. Indeed that's why BTE exists; because they can't process fiat money. I think that fiat holders must be getting cryptocurrencies + BTE, especially given what they said about conversion in their latest posts. They could only exist as a crypto-only exchange.