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The BiteBTC team sent e-mails to traders explaining that account freezing required the verification of the origin of funds, as well as documentation confirming the ownership of blocked assets.
This is a big bullshit, they should have asked that when a member is about to open an account with them. This is obviously a ploy so that members could have a hard time in getting their assets out of the exchange. I am really hoping that soon we can have an industry-approved to deal with exchanges acting like this. This is unacceptable, disgusting and uncalled-for. Justice must be seek and serve to the victims of BiteBTC. Truly, the exchange is now BITING the very people who did support and patronize them, as what their name says.
