Quote from: Trêvoid on August 25, 2025, 06:49:29 AM

Quote from: The Sceptical Chymist on August 24, 2025, 12:26:14 PM

Where did that document come from? Looks to be an injunction of some sort, though I'm by no means a legal expert.

TradeOgre is one of several exchanges that had wallets frozen.

This was my original question and I still don't know. But just reading the text of it, it seems like somebody's trying to get their hacked coins back and the government took action (along with a slew of companies). None of that relates to TradeOgre going dark unless I'm missing something obvious.

Quote from: Alpha Marine on August 27, 2025, 03:25:34 PM

This is exactly the mistake a lot of people make. I remember telling him something about the dangers of CEX, and he said, "It's finance, nothing will happen to finance". Nothing happened to his coin, but this is the case with many people. As long as the exchange has been operating for a long time and has a reputation, then they can safely keep their coins there.

Yeah, and newcomers who don't know bitcoin's history--including that of its exchanges like Mt. Gox, Cryptsy, and many others--will probably just assume like you said that crypto exchanges are just like banks, who won't just close all of their branches, take down their websites overnight, and run away with their customers' funds. The really sad part is that because of those exchanges that caused people to lose so much money, it's brought crypto under the microscope of regulators all over the globe. Think there will ever be a service like Circle circa 2016 where you could just sign up and convert fiat to bitcoin with super-low fees? And how long do you think it's going to be until all the non-KYC exchanges are gone from the face of the earth?