Topic: Igot Bitcoin Exchange Is On The Brink of Collapse (Read 694 times)
IGOT is a scam run by couple of Indians.Why people are still using it ? If you have any coins in there,remove it asap before they disappear. Apparently,all the addresses listed on their worldwide centers are fake .You can check their facebook page posts to see how pissed off people are for long awaiting withdrawals.
There were signs of this happening, saw too many people complaint on the forum itself in past about their funds being held in bitcoin/fiat and support was unresponsive until they reported it here. Let's hope no one loses their money with them.
These problems have seemingly been dragging on for months. What are you doing to address them? If it's just some admin crap then that can be dealt with rapidly. In the meantime you really shouldn't be hustling for business. It doesn't reflect well.
You are a disgrace Rick Day (and most likely a criminal too).
The iGot scam hit the mainstream media in Australia yesterday with a serious investigative expose on the Australian Broadcasting Corporation's 7:30 current affairs and news program.
http://www.abc.net.au/news/2016-04-11/australian-bitcoin-exchange-igot-on-verge-of-collapse/7315894
Watch the embedded video to see what has been broadcast.
DO NOT ATTEMPT TO USE THIS EXCHANGE AS YOU WILL MOST LIKELY NEVER SEE YOUR FUNDS AGAIN.
If you're already embroiled in the web of broken promises and lies that characterises everything Rick Day does, contact the relevant authorities and lodge formal reports about what money you're owed.
http://themerkle.com/igot-bitcoin-exchange-is-on-the-brink-of-collapse/
Quote
Ever since the Igot service was launched, there was a general buzz of excitement among Bitcoin enthusiasts, as this platform was designed to let users buy and sell digital currency in a convenient manner. With no transaction fees for any transaction, Igot was on the right track to becoming the largest Bitcoin exchange platform in the world.
Unfortunately, it looks like things have gotten out of hand over the past year, as complaints regarding Igot have been surfacing for quite some time. Back in July of 2015, various scam allegations had come up, as withdrawals were delayed beyond measure. Whenever a company is dealing with customer funds, delays are not acceptable.
However, Igot founder Rick Day rebutted these allegations, as he blamed factors beyond the company’s control for the withdrawal issues. Apparently, the exchange had received a few fraudulent transactions, despite users having to go through a thorough verification procedure before being able to deposit funds in the first place.
Moreover, the Igot owner claimed the platform had been plagued by DDoS attacks which slowed down day-to-day operations for the company as well. Rather than a traditional denial-of-service attack, Igot was plagued by tons of tiny Bitcoin transactions, clogging up the wallets. However, Bitcoin community members were getting tired of all of these excuses, and things only went from bad to worse for Igot ever since.
Fast forward to today, and there is no customer support staff answering incoming emails or support tickets. To make matters even worse, Igot has been inactive across social media for quite some time, which is only adding to the overall concern.It looks like the end is very near for Igot, and customers who still have funds stored in exchange wallets would do best to file a report with local law enforcement.
Unfortunately, it looks like things have gotten out of hand over the past year, as complaints regarding Igot have been surfacing for quite some time. Back in July of 2015, various scam allegations had come up, as withdrawals were delayed beyond measure. Whenever a company is dealing with customer funds, delays are not acceptable.
However, Igot founder Rick Day rebutted these allegations, as he blamed factors beyond the company’s control for the withdrawal issues. Apparently, the exchange had received a few fraudulent transactions, despite users having to go through a thorough verification procedure before being able to deposit funds in the first place.
Moreover, the Igot owner claimed the platform had been plagued by DDoS attacks which slowed down day-to-day operations for the company as well. Rather than a traditional denial-of-service attack, Igot was plagued by tons of tiny Bitcoin transactions, clogging up the wallets. However, Bitcoin community members were getting tired of all of these excuses, and things only went from bad to worse for Igot ever since.
Fast forward to today, and there is no customer support staff answering incoming emails or support tickets. To make matters even worse, Igot has been inactive across social media for quite some time, which is only adding to the overall concern.It looks like the end is very near for Igot, and customers who still have funds stored in exchange wallets would do best to file a report with local law enforcement.
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