I started a thread called Jered Kenna - Tradehill on August 4, 2014. It is at
https://bitcointalk.org/index.php?topic=724500.0;topicseen
I have been busy again, but I have done a little more research. I have spoken to two law firms that do class action work and neither was interested in Tradehill. But a third might be and they are a little more progressive - they actually accept Bitcoins for payment of their legal fees. Before having a serious discussion with them I would like to gauge what interest there might be to start a class action against Jered Kenna and Tradehill. The larger the number of people interested (I do not need names at this point but if you are interested reply to this thread or the other one "Jered Kenna - Tradehill). Maybe we can get something going.
In my opinion also, a lot of people lost money and there was no effort made on the part of Tradehill to send the Bitcoins they were holding. I am sure they did not lose everything. The last I read, Jered Kenna is still one of the top 10 owners (in volume) of Bitcoins in the world - a lot of that probably came from Tradehill. I only had about 66 Bitcoins with them but at today's value that's around $29,500. I am just a little guy and that is a significant amount of money to me. But it is also the principle of the thing.
Topic: remember Tradehill? (Read 2490 times)
Most people probably have no clue about Tradehill, but I'm sure the older members would. Short history: They were the second largest exchange in 2011, and abruptly shut down after a $30,000+ payment reversal from Dwolla. Everyone's btc and fiat was frozen in there, the owner (Jared?) did attempt to pay some people back, but as far as I know there are still some people that were screwed by them.
Unfortunately, I'm still one of those people that have yet to get my money back. Does anyone have more info on the whereabouts of the owner, or how we can contact him? Last I heard, he took the website offline for "security" reasons and said he'd put it back online to resolve any open issues with customers. Well that never happened. Any info on this situation or contact would be greatly appreciated.
Unfortunately, I'm still one of those people that have yet to get my money back. Does anyone have more info on the whereabouts of the owner, or how we can contact him? Last I heard, he took the website offline for "security" reasons and said he'd put it back online to resolve any open issues with customers. Well that never happened. Any info on this situation or contact would be greatly appreciated.
The same thing happened to me with Bitfloor. No one talks about it anymore, but Roman Stylman ran off with my coins, and I'm sure others lost some too.
It's odd that you guys are having problems with getting a response. Back when tradehill was in operation it was very trustable. It was often the goto exchange for bigger purchases. Anyways, I hope you get your money back.
Never really had enough volume.
It's odd that you guys are having problems with getting a response. Back when tradehill was in operation it was very trustable. It was often the goto exchange for bigger purchases. Anyways, I hope you get your money back.
Same here, I tried a PM, Email, and tradehill ticket system. No response.
How much they owe their client?
Someone should get a lawyer then.
Same here, I tried a PM, Email, and tradehill ticket system. No response.
How much they owe their client?
What happen after they try to re-start their company?
Too much Gov't in the way, and not enough funding to deal with the read tape...I think.
But, yes, all 50 states.......will take a lifetime to fall in line.
Same here, I tried a PM, Email, and tradehill ticket system. No response.
How much they owe their client?
Same here, I tried a PM, Email, and tradehill ticket system. No response.
I am surprise no one sue them and file a civil lawsuit against the owner.
if really file a civil lawsuit, what are you ready to do?
I am surprise no one sue them and file a civil lawsuit against the owner.
Very bad its still unresolved, i remember coinabul too, both ended in scams. The good thing is now better and trusted companies are emerging to remplace those.
Most people probably have no clue about Tradehill, but I'm sure the older members would. Short history: They were the second largest exchange in 2011, and abruptly shut down after a $30,000+ payment reversal from Dwolla. Everyone's btc and fiat was frozen in there, the owner (Jared?) did attempt to pay some people back, but as far as I know there are still some people that were screwed by them.
Unfortunately, I'm still one of those people that have yet to get my money back. Does anyone have more info on the whereabouts of the owner, or how we can contact him? Last I heard, he took the website offline for "security" reasons and said he'd put it back online to resolve any open issues with customers. Well that never happened. Any info on this situation or contact would be greatly appreciated.
Unfortunately, I'm still one of those people that have yet to get my money back. Does anyone have more info on the whereabouts of the owner, or how we can contact him? Last I heard, he took the website offline for "security" reasons and said he'd put it back online to resolve any open issues with customers. Well that never happened. Any info on this situation or contact would be greatly appreciated.
Tradehill owes me BTC as well. I attempted to recover my coins pretty late after the fact because I was traveling and hadn't seen the news until a couple months after the freeze. There were claims on twitter and reddit that people were able to get money back, but I've tried all the emails that people have posted (including the CEO's personal email and sending DMs to his twitter) and have had no luck.
Cynically, I think that he paid people back who were likely to make noise about their success on forums, but a lot of other people got screwed over if they weren't as directly involved in the community.
The silver lining is that I learned from this and kept my coins off of MtGox.
IAFCU doesnt need a license in all 50 states (48 anyhow) as they bought a failing credit union, so they have a special type of license exempting them from needing money transmission licenses.
Posted from Bitcointa.lk - #WoEDAFu1hhLf9H91
Posted from Bitcointa.lk - #WoEDAFu1hhLf9H91
What happen after they try to re-start their company?
Too much Gov't in the way, and not enough funding to deal with the read tape...I think.
What happen after they try to re-start their company?
remember Tradehill?
When KingGox had their first 2 major hacks/meltdowns Tradehill was the #1 exchange for ~10 days. Their volume did show some increase, but mostly people were stuck waiting...and waiting for Gox to re-open. Thank goodness the economy has grown past those days.
When KingGox had their first 2 major hacks/meltdowns Tradehill was the #1 exchange for ~10 days. Their volume did show some increase, but mostly people were stuck waiting...and waiting for Gox to re-open. Thank goodness the economy has grown past those days.
At some point they were working with IAFCU to provide each customer their own individual bank account linked to the exchange account (so that the accounts were insured). Then something happened, IAFCU all the sudden stopped being so pro bitcoin and TradeHill shut down again.
They said hey had a $10k minimum or something like that, but I signed up and it was never verified.
Posted from Bitcointa.lk - #1fgWJ4qEjox5F2k1
They said hey had a $10k minimum or something like that, but I signed up and it was never verified.
Posted from Bitcointa.lk - #1fgWJ4qEjox5F2k1
They probably realized getting licences in all 50 states is not financial feasible.
At some point they were working with IAFCU to provide each customer their own individual bank account linked to the exchange account (so that the accounts were insured). Then something happened, IAFCU all the sudden stopped being so pro bitcoin and TradeHill shut down again.
They said hey had a $10k minimum or something like that, but I signed up and it was never verified.
Posted from Bitcointa.lk - #1fgWJ4qEjox5F2k1
They said hey had a $10k minimum or something like that, but I signed up and it was never verified.
Posted from Bitcointa.lk - #1fgWJ4qEjox5F2k1
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