Can you imagine the reverse happening ? An US exchange, serving Russian customers without a Russian license, being seized by Russian authorities ?

Fuck the American government!
Let in Texas in command - if there's a lot of sheep !

I'm on this exchange lost 5.4 rubles.
Give freedom and democracy.

The freedom of circulation of funds!

Let the sheep from Texas taxes they pay!!!

YES, poloniex is unlicensed and it's based in USA;same as Kraken.

It is surprising to see so many people justifying the actions by the American authorities. What the FBI has done is clearly over the mark, and they were wrong in seizing and taking down the BTC-e trading platform.

The law says otherwise : a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.

So, Poloniex is running an illegal business according to FINCEN.

Poloniex is registered with FINCEN, if you think they are running an illegal business you should ask them why they gave them an MSB license.

The key difference is that they are a money services business but are not considered a money transmitter as they never handle fiat.

I keep saying that by registering with FINCEN, it does NOT mean that a company is a MSB.

FINCEN website:

"Information contained on this site has been provided by the MSB registrant. FinCEN does not verify information submitted by the MSB. Information provided on this site reflects only what was provided directly to FinCEN."


You can register on FINCEN website yourself... right now with any name you want.   make a try.


So, being registered with FINCEN means nothing. First a company MUST be a MSB and then to submit on Fincen website.

A US company must be registered as MSB in all the states if they want to deal/trade/do business  in all of them. See Coinbase, Gemini, Itbit. Look to their websites. You will notice something like :

https://www.coinbase.com/legal/licenses

https://gemini.com/about/


See? BIG difference between Kraken, Poloniex and similar others and these ones

Again, being registered on FINCEN page without being MSB = zero

More detailed information about what happened to the BTC-e service.

On July 25, 11:00 the FBI staff came to the data center where our server equipment was located and seized all equipment, the servers contained databases and purses of our service.

Almost for 6 days we could not get from our hosting provider the sane information, what happened to our servers because of this information we publish only now.

July 28, the domain was confiscated.

At the moment, part of the service facility is arrested by the FBI.

The next update will be information on what options are available to restore the service, as well as the procedure for obtaining funds, in the event that the service is not started. In the current situation, if the service is not started before the end of August, Then from September 1 we will start the process of refund.
In the next 1-2 weeks, we will evaluate and publish information about how much money fell into the hands of the FBI and what amount of funds is available for return.

For all those who buried us, I will remind you that the service has always worked on trust and we are ready to answer for it.
The funds will be returned to everyone!

Arrest of the Russian Vinnyk Alexandra:
Officially declare - Alexander was never the head or employee of our service.

Sincerely, btc-e

P.S. In the subject write questions as far as possible we will answer them.

Don't use bad words for any government. Because it is really bad to hear abuse here if someone report you that you are doing abuse then it can harm your account so i will be thankful to you that next time you will not use a bad words against someone because it is already looking very bad in front of people it is not a good thing to do. So try to be careful next time.