Topic: Official CaVirtex.com Thread - page 21. (Read 103360 times)

@Cavirtex: I live in Korea.  you must know that that type of answer is going to fuel the fire in this thread right?

LOL, are you kidding me.. HAVE YOU EVER CALLED IN YOURSELF?

The info the ask from you is the info they need to go into your account and rob you blind.

Well if you read Virtex's faq you will at least see that the cold wallet is protected by a multisig system requiring multiple employees across different geological locations to access funds. I think this is a good system to at least prevent coercion at a single point of failure.

With all due respect Mr-e

Virtex claims to have traded over 80 Million CAD. Yes they may be a target. But what if they get scammed or fucked like mtgox.. would you rather protect the owner of virtex so hes not personally targeted which leaves you holding no info on who he really is if things go belly up and now you need to sue/chase him down.

Stop putting one mans safety in front of thousands of paying clients safety.

Well, I think it's more like 3 things wrapped it one.  I am not the one bringing this to the forum with gusto, bobsurplus is the one ranting about these "issues."
I think the 3 things are (in no particular order):

1.  Why does Virtex list it's address as a UPS store?  Well I have not personally confirmed this myself, it seems that some members here have discovered that your listed address is a P.O. box of some kind at a UPS store and that makes them uncomfortable.  The question was posed clearly by Pottus (post #516)
quote "As a consumer could I possibly trust cavirtex.com given you have no PROOF of even an acceptable business address?"
The confusion here I believe is in concern with dealing with banks.  You must have another address registered with your companies bank accounts no?

Do you have a "head office?"  And if so, why is it not listed as your company's address?

2.  Some of your customer service representatives work from home exchanging confidential information over Skype.  This I have personally experienced, all with no problems and with my own consent.  The problem here was posted by seriouscoin (post #500) a few pages back claiming to work in cryptography said quote "if you use a remote session" (working from home) can never be as secure as working form a head office.  Here I assume the issue is customer agents accessing the Virtex client database form a remote "non-secure connect" puts client information at higher risk of being intersected by criminals.

I have no question about this point, but maybe someone else does.

3.  The most recent issue is Virtex's claim to be quote "We are a licensed Money Service Business with FINTRAC."  Bobsurplus seems to think that saying simply being registered with FINTRAC is no guarantee that you are trustworthy, and furthermore, only implies that your entity meets the requirements of the license (which I have no idea what those are).

The question here is: What exactly should this license mean to your clients?  Have you received some sort of endorsement from FINTRAC or is what bobsurplus wrote true, and if FINTRAC "became aware" of the nature of your business take action against Virtex?

I don't think anyone takes the ranting in this forum seriously, but some concerned clients who use your services would like more clarity on the above points.

Anyone care to add anything to this?

So you will be doing the same for VoS I assume? Just so I know to not include them in my search lol.

MR-e

I have a feeling you guys are all shills for virtex. I never once said VOS was more trustworthy. Please point out where I used those words!

I am just saying that virtex has some immanent problems coming their way. I am already drafting several complaints and will be forwarding them on to the appropriate agencies this afternoon.

Not only should you start clearing your funds off Virtex, but you may want to start looking for a new exchange too.

LOL, they just dance around the issues. They think because they are the oldest exchange in Canada they will have no resistance and people will just do as they say like a well trained guard dog.

HEY VIRTEX.. HOW ABOUT POSTING A COPY OF THAT LICENSE HERE IN THE FORUM SO EVERYONE CAN SEE YOU'RE "LISCENSED" WITH FINTRAC

Pretty sure VoS and Virtex now have claimed to have the exact same license... Care to explain the difference between the two and why one is more trustworthy then the other?

Dont to me to settle down! Who do you think you are? Who am I? I am me! Why should you trust me?

No trust needed when VIRTEX ADMITS to everything I pointed out minus the latest development of the FALSE license.

I never once said VOS was trustworthy, just advised people to leave virtex for VOS. Maybe then Virtex will get their shit in order, get a real office, be transparent, use real names and not have EVERY employee WORK FROM HOME!

Hi medicine. Could you please explain the issue you would like resolved?

Wasn't there supposed to be a dividend update by the end of Q1? That appears long past...

I agree. I want to get this resolved and get to the bottom of this "issue," but lets not rush to judgement.  Virtex service has been pretty good and they are doing great things in Canada for bitcoin in general.
Take it down a level and let's wait for their response. I'm sure they have a good one.

Holy crap, settle down a bit!  You want to make everyone understand, but coming across like raving lunatic isn't helping your case. At the end of the day, who are you? Why should we trust your motives? 

You say we should use vault of satochi, what makes them anymore trustworthy? 

It looks more and more that NO-ONE can be trusted when it comes to Bitcoin. I really hope I'm wrong, because if I'm not, it will be the death of Bitcoin. Human greed will win again.

Are you serious? After I blast FINTRAC with pics of the virtex site and then copies of text from here they will no longer be registered.

MAILBOX is fine.. BUT THEY SHOULd STILL HAVE A REAL ADDRESS...ok.. I'll concede that one. Care to explain the work from home CS reps? How about all the fake names? what about the LIES about a license that does not exist.


If you want to trust an exchange who acts like a lemonade stand more then a real business be my guest!

I want to make sure everyone understands how grave an issue this is though and I'll follow up with FINTRAC in the morning.

While somewhat concerning and disappointing, that alone doesn't justify the degree to which you are freaking out.

They are registered with FINTRAC as an MSB, as we all know.

Using a mailbox as a business address is not unusual in Canada, as was also pointed out to you.

The fact that anyone can register with FINTRAC, even you, doesn't mean you will meet all the obligations and remain a 'member in good standing' if you will.