+1 I want to emphasize that they are not "promises" as we are accustomed and it has a lot of work behind. As a recommendation, take the time to see all the work they have done and decide for yourself.
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BoardAnnouncements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
I deposited $650 in Btc to bitcoinfog during the day yesterday when they werent down. I submitted for a withdrawal. Now on the blockchain it shows that my money went in, and came out(to what should have been my localbitcoins account) but I havent received it to my LBC account. Blockchain shows it was relayed by the btc address's that the Fog uses for anonymity but it seems my money is gone. Only time will tell as they are down still....
They will use a different address to send bitcoin from then the address that you deposited to. This is done to make it difficult to trace where specific bitoin came from that have gone through there mixing service. If you are able to trace the route of your bitcoin then they are not doing a very good job
i think the doors are locked and their bank accounts are frozen, so no deliveries, no refunds until a court verdict is given. then id probably expect that you would need to verify your order with a trustee.
I have read that their assets have been frozen, but there are also sparidic reports that refunds are still being processed to some extent.
The end result will almost certainly be that their assets (including mined bitcoin) will be sold off in order to refund customers in terms of fiat (based on what they paid in terms of fiat at the time of purchase).