Topic: Localbitcoins stole my bitcoins just because I'm Iranian - page 3. (Read 595 times)

(A) have patience
(B) Repeat (A) over and over

Your btc have not been stolen. Not at this point.

I suggest you start by establishing some person at the company that can deal with you as an individual. That is most important, not to be a slave to the current functioning of a crude AI robot.

I live with my parents and none of the utility bills are registered to my name. I only have my bank account which they don't seem to accept for some reason :/

Why don’t you send them something else as address verification? O.O

You guessed wrong...



They are still operating because the US let them. With a snap of a finger, they are gone.

I only thought they would keep me from trading on their platform, as they also claimed. I never thought they would hold my funds.


p.s. there are lots of Iranian businesses with .com domains  :D

Localbitcoins started KYC'ing people long time ago. If you knew it and still decided to take the risks, you had it coming. Any business with a .com domain name has a secret partner: The U.S.

Unlucky for you, Iran is the country they decided to bomb next.

So lately localbitcoins started to ban Iranian users from trading bitcoins on their website.

In the beginning, they claimed that we will be able to withdraw our funds at any time, and recently they started their new verification process which requires accounts with more than 1000 € annual transactions to verify their ID and provide their address.

Even though my account annual transaction amount had never been more than 1500 €, they are asking me for Tier 2 verification which includes address verification that I already provided them. They are now claiming that my address verification which was a credit card statement is "not valid", And all of that was only supposed to prevent me from making trades on their platform, not to prevent me from withdrawing my Bitcoins.

Now when I tried to withdraw my 0.063 bitcoins which is worth more than 100M Rials, equal to around 10 months of a teacher's salary in my country due to the recent fall of our currency value because of sanctions, I realized that they have banned me from making outgoing transactions! They have literally stolen my Bitcoins by justifying that I'm residing in a country in which localbitcoins is not available!

While we are already suffering from sanctions and economic pressures & instabilities which directly target the people, the worst thing that can happen is getting our money stolen.

Note that I'm a 21-year-old Electronics Engineering student and an ordinary citizen trying his best to have some source of income to be independent. It took me and my brother around 8 months to make that money (half of that is my brother's, and I'm ashamed of telling him what happened).
Already facing economic pressures I also have problems finding electronic parts for even my hobby projects and I have to pay 2-3 times the real price of each part I need. Just imagine your life without Amazon, eBay, aliexpress, etc., and also no international credit cards like Mastercard and Visacard.


If you have any idea about how I can take our money back I'd be glad to hear that.