BTC-e still down, Russian arrested in Greece - page 2.

Abimayu

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Activity: 546

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Mt. Gox Dejavu.. Sorry to hear guys if you have money there.

Russia National and Bitcoin Exchange Charged: 21-Count Indictment For Internet Money Laundering Scheme/Laundering Money From Mt. Gox

Code:

https://www.justice.gov/usao-ndca/pr/russian-national-and-bitcoin-exchange-charged-21-count-indictment-operating-alleged

Martin958

full member

Activity: 232

Merit: 100

It looks like most of the BTC is gone from Btc-e if you take into account the 66,000 dump.

I don't know if that includes altcoins or not. Maybe they are still there, or maybe it takes the 5-10 days to raid those wallets too and mix them all, then cover all tracks and leave the country.

It seems more like they will re-open to me since they have been fined $110 million. Why do that to an exchange if they will no longer exist? Seems more likely they would have been liquidated instead, so I see them opening again probably minus lots of BTC. (Hope not alts as well).

I imagine everyone will be forced to send multiple ID forms including passport before they can do any withdrawals though. This would also take 5-10 days to plan.

DaMut

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Quote from: UnDerDoG81 on July 26, 2017, 06:46:12 PM

Next MtGox?

actually it's not 'the next MtGox' but the truth it's already a 'Sucessor of the Goxed'.
Currently Btc-e was down and they made a statement need a time for 5-10 days to fix the problem (which is we should know what is the problem)

Quote from: btc78 on July 26, 2017, 09:56:05 PM

I agree that BTC-e won't be back coming back for the time being. I'm suspecting that the unscheduled maintenance was just a cover and maybe the Feds are snipping all the logs from the server since they went offline. And I'm sure this is connected to Bitmixer.io shutting down its mixing services after such a long time. Maybe those money goes to the mixing services to stay anonymous, but it looks like its not the case.

Yep 'Btc-e will not be back for the time being',we will wait an everlasting maintenance.
about Bitmixer,we really don't know about it but the timing it's really coincide.
on the other hand they said they closed their services 'voluntary' because global goverment force mixer service to close their door.
but the question is why it's only Bitmixer and after that something this happened

alyssa85

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CryptoTalk.Org - Get Paid for every Post!

Quote from: Serpens66 on July 26, 2017, 10:41:39 AM

If it is really the btc-e guy and if the authorities get the money/cryptos from btc-e, are they forced to pay it back to btc-e users?

I don't think the authorities will be able to get any money from btc-e - they appear to be moving their servers. Also - in the event the Feds actually manage to seize btc-e - people would have to prove they own accounts before being able to access them. What are the chances of that?

HarryKPeters

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Activity: 896

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Live Stars - Adult Streaming Platform

I read the article, and I feel happy I didn't trust that site with my bitcoin. Let's hope though the bad persons will be punished and the good person won't.
This is a lot of BTC we are dealing with!

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

I agree that BTC-e won't be back coming back for the time being. I'm suspecting that the unscheduled maintenance was just a cover and maybe the Feds are snipping all the logs from the server since they went offline. And I'm sure this is connected to Bitmixer.io shutting down its mixing services after such a long time. Maybe those money goes to the mixing services to stay anonymous, but it looks like its not the case.

hatshepsut93

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Activity: 3024

Merit: 2148

Quote from: Raja_MBZ on July 26, 2017, 07:27:27 PM

This seems like a funny drama.

Next 7 days are going to be very interesting, filled with news like these. Roll Eyes

I think the price shouldn't change much, Bitcoin is already to big to be crashed by failures of exchanges and darknet markets. It's steadily going mainstream, so it's no longer relies on shady operations to boost its price. And it looks like governments aren't opposing Bitcoin itself, and actually utilize public ledger to track down criminals, so there's no reason to panic for Bitcoin hodlers. And people who look for privacy should really start looking for alternative cryptocurrencies and other systems.

Tyrantt

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Activity: 1022

Merit: 564

Need some spare btc for a new PC

as much as I've seen, btc-e won't be coming back soon or at all. Now I'm hoping that this will effect the price a little, to make it go down unleast to $2000.

Quote from: SmartIphone on July 26, 2017, 02:29:27 PM

Quote from: audaciousbeing on July 26, 2017, 02:18:14 PM

If this arrest is really related to BTC-e heist then I would say its good signal to the entire market that the anonymity is not enough to keep the hands of law from reaching you and also a signal to others who might be thinking in that direction to use this suspending of btc on sites as an opportunity to bolt with lots of fund, the eyes of the law is equally watching you. Coindash did its own, btc-e did its own who knows who is coming next?.

The anonymity online is disappearing day to day and for some reasons it is good and for some other reason it is bad as people want to have privacy but not all of them use for good things.
Btw Bitmixer.io has shut down. You can read more here: https://bitcointalksearch.org/topic/the-lagest-bitcoin-mixer-is-about-to-stop-working-2042470
Also I believe that there is something else hidden behind this arrest, making a foggy situation to the public.

wow, their explanation on why's it shutting down is even better.

Quote from: UnDerDoG81 on July 26, 2017, 06:46:12 PM

Next MtGox?

new megaupload?

Raja_MBZ

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Activity: 1862

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This seems like a funny drama.

Next 7 days are going to be very interesting, filled with news like these. Roll Eyes

UnDerDoG81

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Activity: 2179

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Next MtGox?

DaMut

sr. member

Activity: 1274

Merit: 263

BTC-E down and officially said they're doing a maintenence for their website
their statement :

"Update2: At the moment, work is underway to restore the service. Approximate terms from 5 to 10 days. Thank you for understanding"
https://btc-e.com/

or you can go here :

https://twitter.com/btcecom/status/890281223632764928 (Tweet in russian)

based on recent activity we can see it clearly that Alexander Vinnik more likely connected to BTC-E.
and other than that,they claimed that Alexander involved in hacking MT.Gox

you can see it more in here :
https://bitcointalksearch.org/topic/m.20405390

Note : Total arrested in Bitcoin Approx : Over $4 Billion BTC

HaXX0R1337

sr. member

Activity: 574

Merit: 252

Quote from: abercrombie on July 26, 2017, 10:03:51 AM

Greek police earlier said the suspect, who was picked up on a U.S. warrant, was thought to have used bitcoin to launder 'at least' $4 billion earned through illicit activities.

If this is true then $4 billion is hell lot of money to launder and i am sure he will be behind bars for a very long time for his actions,but i would like to know more details about it,how the funds users invested in the site,is it all gone or is there a possibility that the users will get their funds back,over all it is a really unfortunate situation for the users.

SmartIphone

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Quote from: audaciousbeing on July 26, 2017, 02:18:14 PM

If this arrest is really related to BTC-e heist then I would say its good signal to the entire market that the anonymity is not enough to keep the hands of law from reaching you and also a signal to others who might be thinking in that direction to use this suspending of btc on sites as an opportunity to bolt with lots of fund, the eyes of the law is equally watching you. Coindash did its own, btc-e did its own who knows who is coming next?.

The anonymity online is disappearing day to day and for some reasons it is good and for some other reason it is bad as people want to have privacy but not all of them use for good things.
Btw Bitmixer.io has shut down. You can read more here: https://bitcointalksearch.org/topic/the-lagest-bitcoin-mixer-is-about-to-stop-working-2042470
Also I believe that there is something else hidden behind this arrest, making a foggy situation to the public.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: abercrombie on July 26, 2017, 10:03:51 AM

BTC-e down for over 24 hours. One of the owners went by Alexander.

Possibly related, 1h ago:

Greece detains Russian Alexander Vinnik for bitcoin 'fraud'

ATHENS, July 26 (Reuters) - A Russian arrested in Greece on suspicion of running a money laundering operation through a bitcoin platform is 38 year old Alexander Vinnik, police sources said on Wednesday.

Greek police earlier said the suspect, who was picked up on a U.S. warrant, was thought to have used bitcoin to launder 'at least' $4 billion earned through illicit activities.

If this arrest is really related to BTC-e heist then I would say its good signal to the entire market that the anonymity is not enough to keep the hands of law from reaching you and also a signal to others who might be thinking in that direction to use this suspending of btc on sites as an opportunity to bolt with lots of fund, the eyes of the law is equally watching you. Coindash did its own, btc-e did its own who knows who is coming next?.

mobnepal

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I found this article which is in quite detail
http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html

Quote

We're going to split this into a couple of different posts, as our full findings cover a wider range of topics, and for this post we'll just very quickly summarize the main BTC theft and its connection to Vinnik:

abercrombie

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Activity: 1159

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Twitter: https://twitter.com/ReutersBiz/status/890232366370893825

BREAKING: Russian man arrested in Greece connected to BTC-e cryptocurrency exchange

Serpens66

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If it is really the btc-e guy and if the authorities get the money/cryptos from btc-e, are they forced to pay it back to btc-e users?

In case of darknet market they never gave back the money to the users, but maybe because the users bought illegal things.
But with btc-e majority of the users are traders and have nothing to do with illegal things, so do they have to give us back the money? And if not, can we sue them?

ft73

hero member

Activity: 564

Merit: 508

No need to search around, info already here:
https://bitcointalksearch.org/topic/btc-e-down-information-tracking-thread-2047600

In short: Yes BTC-e is related to this arrest.
Soon the international press will give details.

Devilwalk

member

Activity: 95

Merit: 10

Yes I think that's BTC-e.

From Russian wanted in US caught in Greece for money laundering

Quote

The man has been accused of laundering an estimated $4 billion since 2011 by using the online bitcoin currency. Greek police said he had been directing a criminal organization that owns, operates and manages “one of the largest cybercrime websites in the world.”

Isn't BTC-e founded in 2011?

abercrombie

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BTC-e down for over 24 hours. One of the owners went by Alexander.

Possibly related, 1h ago:

Greece detains Russian Alexander Vinnik for bitcoin 'fraud'

ATHENS, July 26 (Reuters) - A Russian arrested in Greece on suspicion of running a money laundering operation through a bitcoin platform is 38 year old Alexander Vinnik, police sources said on Wednesday.

Greek police earlier said the suspect, who was picked up on a U.S. warrant, was thought to have used bitcoin to launder 'at least' $4 billion earned through illicit activities.

Topic: BTC-e still down, Russian arrested in Greece - page 2. (Read 2309 times)