Quote from: myself on June 09, 2013, 03:24:39 PM

Quote from: WuLabsWuTecH on June 09, 2013, 02:46:02 PM

Quote from: bitcoins5411 on June 09, 2013, 10:17:13 AM

I propose to the moderators to close this thread because no one was actually scammed. This is a dispute between partners and has nothing to do with the general public. No one on Bitfinex has actually lost any money, so by definition this isn't a scam.

As long as withdrawals on Bitfinex continue to function perfectly there is no scam.

I concur, based on the limited information provided here, I'm of the same opinion that no one was scammed and it seems like an internal dispute between owners and/or employees.

last time i did check taking customer money with out their permission to be on the market was not legal (you can google search MF global) no matter what excuse you put

Bitcoins5411 I think has a good point.

I guess I'm not exactly sure what's going on with this taking customer money thing, but it seems like no one was out anything by deception which is an integral part of a scam. Having an unsecured loan may be bad business practice, but unless the company was actually maliciously trying to make money by cheating it's customers, it's not really a scam. As I have said before, the "scam" accusation with regards to the customer account handling is marginal at best. There is definitely no scam with regards to myself and the ownership's dispute--it appears to be an internal shareholder and/or employer dispute.

If you put your investor's money in a bank with no FDIC insurance, it's a bad business practice, but it's not a scam. If you did the same but told your investors the money was protected, it's lying to them, but still not really a scam. If you tell investors their money is in an FDIC insured bank, but it's actually gone to buy you a corvette, now it's a scam.