Post
Topic
Board Service Announcements
Re: {ANNOUNCEMENT} WBX Exchange Frozen
by
Andre Jensen (World Bitcoin Exchange)
on 21/03/2012, 04:42:42 UTC
I just received an email from Andre.  It doesn't address any of the flags I raised about suspicious looking accounts on the exchange with positive BTC balances, and doesn't answer my question about my access to the web host no longer working.

All it says is:

Quote
Hi Chris,

Please return the bitcoin you have asap users are trying to withdraw there bitcoin.

I replied asking if we could discuss it in this thread:

Quote
Hi Andre.

Would you mind if we communicated about this in the bitcointalk forum thread at https://bitcointalk.org/index.php?topic=65867 rather than in private email?

Chris.

Andre, can you address the concerns I and others have raised please?

1. Is there any news from the bank about when you can expect to have access to the WBX accounts again?
2. What happens if the bank never releases the frozen funds.  Will you be paying their balances back in full?
3. If not, should you not wait before allowing users to withdraw bitcoins, since the assets of WBX should be divided equally between its creditors.
4. Did you intentionally lock me out of the hosting account?  I'm no longer able to access the code or the database.
5. I've emailed you about several accounts on the exchange which have suspicious trading patterns, but you've not commented.  It seems you want me to return the bitcoins so that they can withdraw them - have you thought that through?

Hi Chris,

to answer your questions

1. No i have no indication when this issue will be resolved, when my accounts were first frozen they did give me a time frame of 6weeks to 6months

2. Yes i Intend on returning all funds once i have access to these funds but unfortunately i can't guarantee it.

3. If this is what the clients of WBX want then yes i am happy to comply and listen to the responses.

4. Yes i locked you out as i had to minimise further risk to the Exchange Database and code, sorry Chris its nothing personal i am just protecting my self and WBX client information.

5. Yes i have returned correspondence on these issues and these accounts have been locked (unverifiyed).

6. Chris you have full control over the 1768 BTC as they are in your possession  if you want to handle returning these BTC to clients then i am happy for you to do that, I have other major issues do deal with at the moment, i just want to know that WBX users BTC is safe and will be returned its one less problem for me to sort out.

message to all..... Yes i could have closed down the site and vanished but i didn't, i can't help the fact that I've been scammed through my bank accounts and now have no control over these accounts, these scammers new that the exchange was solid and secure so they attacked me via the banks knowingly that they will get away with it, i am honestly sorry this has happened and you the user has been caught up in this mess, i have lost a lot of personal money through this but i still intend to continue the fight in returning your Funds, what else's can i say.

please be patient.

Andre