I remember them advertising somewhat on this forum, but that's about it. I don't think that interest for their exchange platform has ever really sparked up, which could be one of the reasons why the owners just wanted to exit scam, since their revenue was so low.
This is the ultimate risk that you're putting up with using an exchange that has little to no reputation, and not being regulated.
I wonder what the users will do given the fact that Bitsane is now gone. Will they launch a class action lawsuit? Will that even work, given the fact that they have very little knowledge of where Bitsane is incorporated, if they are regulated, etc.?
I don't remember seeing any users in the forum mentioned about what bitsane is going since june 17. And its only after 10 days that we see a thread like this. None of those from Ireland ever got here?
The ripple team promoted bitsane by listing it as where investors can buy XRP but now that Bitsane is gone rogue, none of the team can say a thing.
Again, this just shows that you can't trust any third party recommendations, as official as they may be. There are a ton of hosted wallets endorsed by the founding team themselves in crypto projects, that aren't the most legit.
