Created account at Kapiton this morning and when looking at possibility to by bitcoins found out they have stopped working. Now btcx rules in Sweden. Btcx is expensive so I bought small amount on tradera.
Will Kapiton ever work?
Topic: What happened to Kapiton? (Read 1486 times)
From what I've read (sorry no sources), this is a rougue operation, and it's best to stay away. Funds might be lost. The dude running it is a scammer or highly incompetent. I would think the first is a more plausible explanation. There's been some thread on reddit regarding this.
Nothing of rogue or scam. Pure rumours. Even after Kapiton had stopped accepting deposits I still sent money because I new my deposit code. It took a bit longer than usual but it got deposited eventually. In December the withdraw of bitcoin was taking weeks. Now 3 months on looks like the website has been abandoned.
From what I've read (sorry no sources), this is a rougue operation, and it's best to stay away. Funds might be lost. The dude running it is a scammer or highly incompetent. I would think the first is a more plausible explanation. There's been some thread on reddit regarding this.
(KYC) Know Your Customer
(AML) Anti-Money Laundering
(AML) Anti-Money Laundering
I bought bitcoins from Kapiton on a weekly basis. I enjoyed their service.
Kapiton then started an overhaul over two months ago. I understand they might be having internal issues but my instincts have come to believe they are having legal issues with the government.
Kapiton never did AML or KYC. A lot of money flowed in and out. Over 500k SEK per day easily.
I find highly unlikely for Skatteverket and other agencies to just let what happened last year fade in to the past. I have seen them go full-on after much smaller cases in the past.
I believe everyone who had any substantial amount of deals with Kapiton will have to explain themselves in some sort of way. It may take sometime but I believe that is what will happen.
I have heard of people getting letters in 2014 on bitcoin related issues from over 10 months ago. I cannot go into detail as I am not the one involved thus cannot simply spill the beans on others.
I hope Sebastian would appear in the forum and confirm/deny if indeed this is the case, although I must speculate once more and think he might not even be able to speak about what is happening.
EDIT: Wrote in english as I lack enough skills to write in Swedish.
Kapiton then started an overhaul over two months ago. I understand they might be having internal issues but my instincts have come to believe they are having legal issues with the government.
Kapiton never did AML or KYC. A lot of money flowed in and out. Over 500k SEK per day easily.
I find highly unlikely for Skatteverket and other agencies to just let what happened last year fade in to the past. I have seen them go full-on after much smaller cases in the past.
I believe everyone who had any substantial amount of deals with Kapiton will have to explain themselves in some sort of way. It may take sometime but I believe that is what will happen.
I have heard of people getting letters in 2014 on bitcoin related issues from over 10 months ago. I cannot go into detail as I am not the one involved thus cannot simply spill the beans on others.
I hope Sebastian would appear in the forum and confirm/deny if indeed this is the case, although I must speculate once more and think he might not even be able to speak about what is happening.
EDIT: Wrote in english as I lack enough skills to write in Swedish.
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