RE: BTC-E's Server Wallet just sent 485,000 ETH... It receieved 2 cents of ETH, withdrew 2 cents of ETH, then sent $99,000,000 of ETH(485K ETH). Are we losing our coins?
I had over 7 ether on BTC-e and I kept it there because it was much easier to switch between fiat (USD) and crypto and they only charged a 0.2% fee.
I recall seeing the buy volume and sell volume being between $80 and 90 million during the day. This means they traded the entire volume of BTC over. What's just as concerning about the loss of the ETH is the amount of people who had USD and real money on the site. Combine the volume of BTC, LTC, and other coins, you could easily say the site hosted upwards of $1 billion. If they only took 0.2% of what was on the site, they could easily pay off the fines they are being charged for in this money laundering charge.