This goes for all other people without 2FA or other issues. It should all work automatically end of month but we would really like to stop making div payments to bitfunder and get all the shares as direct shares asap.
My shares are in Bitfunder. I am not a US citizen, nor do I live in the USA. Do I understand correctly that you would prefer it if I moved to private shares? By 'It should all work automatically' is that the moving of shares or something else? Do I need to take action?
Hey,
Yeah unfortunately Bitfunder decided to close down completely:
Please be advised that BitFunder is ceasing operations. In connection with BitFunder's shut-down, please note the following points, which supplement the points outlined in BitFunder's October 8, and October 11, 2013 notices:
As of November 14, 2013, no BitFunder user will be able to enter into any new positions or sell positions on the BitFunder website.
BitFunder users are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.
As of December 2, BitFunder will initiate a transfer from the BitFunder site to the respective issuer(s) of any remaining shares held by BitFunder users, and will provide the issuer(s) with the public bitcoin address associated with the user account. After transfer, each user will need to work with the issuer(s) with respect to the future treatment of the shares.
On December 2, 2013, bitcoin balances in the accounts of all users will be transferred to their WeExchange accounts.
As you can see above, shares will be transfered to us automatically December 2nd, however we would like ppl to transfer them earlier so we can stop paying dividends thru bitfunder. Also this ensures we have a double check on everyones btc address instead of having to trust the btc addresses people entered into their bitfunder account.
Cheers,
)
