Topic: Unmasking BTC-E.com (Read 6774 times)
I knew that Mayzus bank account was with Deutsche bank. Are they banking with Komercni banka now?
So many btc-e warning here and on the web 
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
The FCA and CySEC are BS. The CySEC might be perfectly good at helping shutting down the perfectly solvent and honest Liberty Reserve but when it comes to their own insolvent and dishonest banks they're nowhere to be seen ...
If they don't approve of BTC-E, then all the better I say.
I know, all regulatory bodies are BS and many scams even among themselves, but they screw among themselves too at the same time. that's the least one/we can do, to report all the obvious scam evidences to the big boys at the upper regulatory bodies.
You think FCA cares about Mayzus existence? sure not and if there are frauds, they easily cut them off.
I am wondering about what Mayzus doing for BTC-E, accepting wires on behalf of them, is totally legal, third party acceptance is one of the money laundering methodologies actually. esp for an organization such an btc-e that is operating completely anonymous.
Mayzus FS has no such service stated on their official website.
Its mayzus the moneypolo provider that's accepting the wires. The same way I can have you send money to my bitstamp address, thereby having "bitstamp accept transfers on behalf of me."
There is no "scam evidences" in BTC-E. They're a legitimate business that has been operating successfully for many years. They're providing a service to the community. By reporting them to any regulatory entity all you're doing is removing that service from the community, stealing wealth from the world.
So many btc-e warning here and on the web
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
The FCA and CySEC are BS. The CySEC might be perfectly good at helping shutting down the perfectly solvent and honest Liberty Reserve but when it comes to their own insolvent and dishonest banks they're nowhere to be seen ...
If they don't approve of BTC-E, then all the better I say.
I know, all regulatory bodies are BS and many scams even among themselves, but they screw among themselves too at the same time. that's the least one/we can do, to report all the obvious scam evidences to the big boys at the upper regulatory bodies.
You think FCA cares about Mayzus existence? sure not and if there are frauds, they easily cut them off.
I am wondering about what Mayzus doing for BTC-E, accepting wires on behalf of them, is totally legal, third party acceptance is one of the money laundering methodologies actually. esp for an organization such an btc-e that is operating completely anonymous.
Mayzus FS has no such service stated on their official website.
So many btc-e warning here and on the web
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
The FCA and CySEC are BS. The CySEC might be perfectly good at helping shutting down the perfectly solvent and honest Liberty Reserve but when it comes to their own insolvent and dishonest banks they're nowhere to be seen ...
If they don't approve of BTC-E, then all the better I say.
So many btc-e warning here and on the web
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
I am not surprised, we've got into trouble with them too this week https://bitcointalksearch.org/topic/m.8042696
Anonymity and using Third parties are their best practice, my hats off to them, but that doesn't help them stay off the radar when it comes to legal action and authorities tracking them down.
They are using perfect third parties too I must admit - Mayzus group of companies again run by Russians which has its own avail for them - what are friends for huh? but these third parties are well regulated by FCA UK and CySEC Cyprus and are required to write down/certify all clients profiles and documents and pass to these regulatory bodies, these third parties will be fucked up too when the day comes with btc-e/serious authorities will be involved.
For the time being, good luck to everyone.
Those bastards ! They keep flipping my damn screen ! 
interested to give warn people about btc-e now . because we dont know if they has done under of hacker activity it will be really easy to crack or get a lot of money in there .
thanks op your thread . great warn to look at more good exchange .
nice update..
thanks op your thread . great warn to look at more good exchange .
nice update..
If you don't want to participate in unmasking them, fine. But your not going to stop it!
Why would you want to persist in this idea when your reasons for doing so have been shown to be bogus?
BTC-E has been hands down the most reliable exchange for me. Bitfinex is a close second but it has reversed trades, so that knocked it out of the top spot. Businesses can be anonymous for legitimate reasons. If BTC-E is russian it can't operate except for anonymously. One time I did a withdraw and didn't get money. They fixed it pretty fast. Thats only problem I've had with them.
Well re-read the OP, it's not about "how btc-e.com works for me" because mt.gox worked for most people, right until it jumped off a cliff. If we get a repeat of that combined with the anonymity that these guys have, the bitcoins will be gone forever and bitcoin reputation severely damaged. btc-e.com represent what the financial organisations like to call "a systemic risk".If you don't want to participate in unmasking them, fine. But your not going to stop it!
Are you kidding me?
Gox worked like shit up until it worked even shittier right before it finally died. People had MONTHS OF WARNING and even before that it was incredibly obvious that they were incredibly incompetent. Oh yeah, and it wasn't anonymous.
There is no more systemic risk on btc-e over any other bitcoin exchange. Look at the historical rates of failure between anonymous exchanges and non-anonymous exchanges. There's no relationship there at all. The systemic risk of Bitcoin is centralized exchanges in general (among other things).
In fact, if you succeed in your goal of "unmasking" BtC-E, it likely will have to shut down, potentially after being forced to flee the country if it is Russian. But I'm again not particularly worried, because you won't
You say the problem seems to exist for a long time, had a similar situation happen before I, but when I use LakeBTC, no such case.
BTC-E has been hands down the most reliable exchange for me. Bitfinex is a close second but it has reversed trades, so that knocked it out of the top spot. Businesses can be anonymous for legitimate reasons. If BTC-E is russian it can't operate except for anonymously. One time I did a withdraw and didn't get money. They fixed it pretty fast. Thats only problem I've had with them.
Well re-read the OP, it's not about "how btc-e.com works for me" because mt.gox worked for most people, right until it jumped off a cliff. If we get a repeat of that combined with the anonymity that these guys have, the bitcoins will be gone forever and bitcoin reputation severely damaged. btc-e.com represent what the financial organisations like to call "a systemic risk".If you don't want to participate in unmasking them, fine. But your not going to stop it!
BTC-E has been hands down the most reliable exchange for me. Bitfinex is a close second but it has reversed trades, so that knocked it out of the top spot. Businesses can be anonymous for legitimate reasons. If BTC-E is russian it can't operate except for anonymously. One time I did a withdraw and didn't get money. They fixed it pretty fast. Thats only problem I've had with them.
btc-e is like the only exchange that has ever been hacked AND paid back users from its own money.
I can't think of any other exchange to do that. And they have all been hacked!
+100500 I can't think of any other exchange to do that. And they have all been hacked!
btc-e is like the only exchange that has ever been hacked AND paid back users from its own money.
I can't think of any other exchange to do that. And they have all been hacked!
+100500 I can't think of any other exchange to do that. And they have all been hacked!
I don't get why to post this kind of things. There's only few exchanges where trading actually works and btc-e is one of them. I'm not interested in their reasons to be behind curtains and you can't trust even on gov guaranteed banks (see for example cyprus)- so what's the point?!
I also have personally never had any issues with btc-e. It has been the only exchange that I've ever been able to report zero issues with to date.
I don't get why to post this kind of things. There's only few exchanges where trading actually works and btc-e is one of them. I'm not interested in their reasons to be behind curtains and you can't trust even on gov guaranteed banks (see for example cyprus)- so what's the point?!
btc-e is like the only exchange that has ever been hacked AND paid back users from its own money.
I can't think of any other exchange to do that. And they have all been hacked!
I can't think of any other exchange to do that. And they have all been hacked!
What is your reasoning behind this thread? Did you personally lose money or coins to them?
Leave BTC-E alone.
My interest is in the future of bitcoin and avoiding a repeat of mt.Gox, what's yours in defending them?Leave BTC-E alone.
While you are certainly right that Bitcoin needs to eliminate the bad players to move forward for broader adoption I am curious as if this sort of thing and the attempt to unmask them might just cause them to run away. Wouldn't that do more harm than good in that case because it would instantly create another scandal.
I can see however arguing better the scandal take place now than later.
What are everyones thoughts? I'm certainly curious.
There is also the argument that anonymous exchanges with no KYC are the ones that are laundering stolen BTC, we should be flushing them out for the good of the industry as a whole. I'm only disappointed the Bitcoin Foundation has not taken a more pro-active stance on this situation.
It certainly would be nice to eliminate further bad players for sure.
That said I know the Bitcoin Foundation is not likely going to do anything as they've shown repeatedly as of late.
BTC-E is a client of Mayzus, right? If so, what information about BTC-E can a Data Protection Act request reveal?
At least your last line made me laugh
But if you knew me, you would know you could not be further from the truth. I believe the likes of bitcoin is the greatest hope of dismantling the power of major corps and the corrupt rich few who run this world. But it's not going to happen overnight, and it's not going to happen (or it will get seriously delayed) if bitcoin gets another major kick in the nuts by a broken exchange running off with peoples money!
But if you knew me, you would know you could not be further from the truth. I believe the likes of bitcoin is the greatest hope of dismantling the power of major corps and the corrupt rich few who run this world. But it's not going to happen overnight, and it's not going to happen (or it will get seriously delayed) if bitcoin gets another major kick in the nuts by a broken exchange running off with peoples money!
Well that's where the awareness gap is.
You believe (and I agree to the extent that I can) that crypto is the "greatest hope of dismantling the power of major corps and the corrupt rich few who run this world", but that isn't anywhere near the full extent of the problem. The problem begins and ends with you. The problem is inside of us. From the moment of birth we were subjected to mental programming. Remove the "corrupt rich few" and new ones will rise to take their place... unless we remove our mental malware and realize that these people don't actually have any power, except the power that we give away by our unconscious belief in authority. I hope these will help you see what I mean:
Larken Rose on Removing Mental Malware - Do You WANT To Know The Truth? - Free Your Mind Conference 2013
The Complete and Undeniable Truth - Larken Rose - Can you handle it?
Stefan Molyneux - The Story of Your Enslavement - We can only be kept in the cages we do not see. A brief history of human enslavement - up to and including your own.
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