Post
Topic
Board Bitcoin Discussion
Re: Russia Banning Bitcoin
by
pyromaniac
on 01/02/2014, 06:51:05 UTC
That's not a very good news. Is it safe to keep our money on BTC-e?
BTC-e is not Russian

Are you sure about that?

Quote
Jurisdiction

Laws in the country where the user resides may not allow the usage of an online tool with the characteristics of BTC-e or any of its features. BTC-e does not encourage the violation of any laws and cannot be held responsible for violation of such laws. For all legal purposes, these Terms of Use shall be governed by the laws applicable in the Cyprus. You agree and hereby submit to the exclusive personal jurisdiction and venue of the Cyprus for the resolution of any disputes arising from these Terms of Use.

Emphasis mine. See their terms.
You're wrong. They are russians, but this company is offshore.