BTC-e Closure: Clients Are Mt. Goxed by the U.S. – A New Front in Crypto Wars

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In a move sure to escalate btce closure bitcoin exchange accounts siezed tensions between Russia and the USA and may be the be a perfect example of current market climate of Bitcoin btce closure bitcoin exchange accounts siezed altcoins, the US Federal Government seized the domain name belonging to BTC-e. The reason for the seizure was the recent development after the arrest of Alex Vinnik that the stolen Mt. Funds are being kept safe by the site which claims it will be back online within five to ten days.

The seizure by the US government most likely means the site will be closed permanently. Many in the crypto universe will view this as a good move by the USA with the criminal activity certainly hurting the state Bitcoin and cryptocurrencies in general. Let's see how far they push to further regulate all crypto platforms because of this.

They want to control it somehow. This is the question I am wondering about too. I hope they continue to shore up their development from this type of bs. If you are old enough to read and vote, you are old enough to decide what you want to do with your money.

Where were you when I was 16? That's when I first wanted to vote! Of course I learned to read many years before that, but I like your idea if it means more people voting I think it will become increasingly difficult for any government or btce closure bitcoin exchange accounts siezed to control bitcoin.

Even if they manage to, there are many new global decentralized and digital crypto currencies that are preparing to take it's place. This post received a 4. For more information, click here! This post has been upvoted from the communal account, minnowsupportby jordanlindsey from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy The goal is to help Steemit grow by supporting Minnows and creating a social network.

It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there. If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members. Authors get paid when people like you upvote their post. Let's hope they do not mess with our exchanges in retaliation! What do they do with decentralized exchanges later?!

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BTC-e was a digital currency trading platform and exchange. Alexander Buyanov and Andrii Shvets. The US Justice Dept attempted to close down BTC-e on the 26th of July when they charged Alexander Vinnik and BTC-e in a count indictment for operating an alleged international money laundering scheme and allegedly laundering funds from the hack of Mt. By October , they supported many different currency pairs, including Litecoin to dollars, Bitcoin to rubles and RuCoin to rubles.

The BTC-e website is offline since 25 July , following the arrest of BTC-e staff members and the seizure of server equipment at one of their data centres. These events led to the suspension of the BTC-e service. BTC-e posted on 31 July that Alexander Vinnik was never the operator or employee of BTC-e and that they would be back working within a month or would put facilities in place to return funds and coins to users.

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