Re: Status of WEX (World Exchange Services)

Quote from: figmentofmyass on January 28, 2021, 06:40:55 AM

the authorities did seize $90 million from the alleged owner of btc-e last year, but the odds of that money being paid to btc-e or wex.nz customers is slim to none. the authorities have said all their money (including customer deposits) is tainted due to commingling with proceeds from ransomware, darknet markets, hacks, etc.

BTC-e also has to pay a fine of $110M if they aren't contesting it (lol), so that money might go to cover that.

Quote from: figmentofmyass on January 28, 2021, 06:40:55 AM

i quickly took the ~55% refund from btc-e before wex.nz launched and ran. i'm still holding all those coins since 2017. that experience was a big lesson for me: not your keys, not your coins.

It was possible to get as much as 85% by waiting until they refunded 68% a couple weeks later and selling the tokens they gave. Some invested in tokens as wex was paying their debts until it shut down.