BTC-E Still Under Maintenance
BTC-E is under maintenance since Alexander Vinnik was arrested for alleged engagement in money laundering and involvement in MtGox hack. It's alright for the authorities to suspend any platform because of its involvement in money laundering but Every one is asking the one question again and again when is BTC-E going to come online and open its doors for customers to withdraw their funds.
Nowadays if you visit BTC-E website you will see under maintenance message or you will get error 525 ( SSl handshake failed). I hope that BTC-E will come back online to return money to traders because it started as a legitimate site. Many traders have thousands of dollars stuck because it was oldest in operation and gained trust from the community.
They have recently tweeted about when they are coming back online. Language of tweet is Russian so I am going to translate it in English.
"Update2 : At the moment we are working to restoring the services. Approximate time to resolve the issue is 5 to 10 days. Thanks for understanding #btce"
https://twitter.com/btcecom/status/890281223632764928
but Chief Don Fort, IRS Criminal investigation said :
"Exchanges like this are not only illegal but they are a breeding ground for a stolen identity refund fraud schemes and other types of tax fraud"
Some people who had idea about what is going on in BTC-E were expecting it to shut down sooner or later.
Do you think BTC-E will come back online after 5-10 days? Do you think authorities will allow BTC-E to turn on services and return money to their users?
If not only the owner but also the exchange itself was involved in criminal things happening, I cannot imagine authorities would allow BTC-E resuming operations just as if nothing happened.
Unless authorities have no grip on BTC-E...
Disclaimer: I am just a bot trying to be helpful.
Hi. I am a volunteer bot for @resteembot that upvoted you.
Your post was chosen at random, as part of the advertisment campaign for @resteembot.
@resteembot is meant to help minnows get noticed by re-steeming their posts
Even better: If your reputation is lower than 28 re-steeming only costs 0.001 SBD!
If you want to learn more - read the introduction post of @resteembot.
If you want help spread the word - read the advertisment program post.
Congratulations @hamza-arshad! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPBTC-e.com will not get back online in such a short period of time for sure!