They've posted in the other thread that their launch will probably be delayed until October. Until they post basic business information about themselves and who's behind the company, you'd be insane to deal with them no matter how many buzzwords they use on their website.
They havent launched yet. Untill they do the only thing that you can call it is a landing page.
People need to leave off the calls of "scam" and "conspiracy" for every new site that arrives.
Unless those complaining about it so loudly are paid by the competition of course. Now theres a conspiracy for you.
Asking for the registration details of a business which claims to be registered in Australia is hardly calling them a scam. It's information which they should be disclosing in advance if they want to establish pre-launch credibility and which they're legally required to disclose the moment they start offering goods or services to the public.
They've made an unsupported claim about being a Pty Ltd company. The onus is on them to provide the information which allows their potential users to verify that claim. There are no existing registrations which preclude them from registering Crypto X Changer as either a company name or a business name and they can't legally trade under that name without doing one or the other. If they're going to claim some kind of ethical high ground then they need to back that up with verifiable facts. Recent registrations for which I
can find records are a company called International Bitcoin Exchange Pty Ltd which was registered on 20 June 2011 and Australian Bitcoin Exchange which was registered as a business name only in WA on 1 July 2011.
The Australian operations of their competitors have collided with regulatory issues here and will probably continue to do so until they become compliant with local business registration and financial services requirements. None of them appear to be registered for GST and that's a big red flag given that the GST threshold is only $75,000. If the volume of money going through their accounts has been an issue for their Australian banks as they've claimed in the past then their turnover is high enough to require GST registration and the potential for nasty things to happen if they're not GST compliant is significant.
One of their competitors is currently the subject of a strike-off action by the Australian Securities and Investments Commission. The circumstances under which ASIC will initiate company deregistration are outlined here. If they forgot to update their details with ASIC when they moved their operations from one state to another (the "best" case scenario for the strike off action) then someone needs a damned good slap because the registered office of the company is where nasty legal documents such as Director Penalty Notices from the ATO and Statutory Demands from creditors (including the ATO) get sent and if those aren't responded to within the required (very short) time frame then seizure of assets and/or forced liquidation of the company are very real possibilities even if the company is technically solvent.
https://westpoint.asic.gov.au/asic/ASIC.NSF/byHeadline/ASIC%20initiated%20deregistration%20of%20a%20companyAnyone looking to operate a Bitcoin exchange in Australia needs to explain to their users how they intend to avoid the issues which have affected their competitors operations here. Good intentions won't avoid those issues.
At least they've now revamped their website so it doesn't look like it was formatted by a 15 year old any more (still need to run spell check guys).
Over The Counter Ratings (seriously)