BiteBTC Changes the Jurisdiction
07/08/2018
We have spent the last months in vain attempts to agree with MAS on simplifying the methods of verification of our customers.
We fulfilled all the necessary conditions and brought our documents to all the necessary requirements, but were refused. This means that only a minor part of our traders can now undergo verification and start working with BiteBTC exchange. We clearly understand that we are losing a huge market, we get a lot of negative messages and we ruin our reputation by not missing a lot of traders.

Today, the BiteBTC Exchange management decided to change the jurisdiction. We will continue to stay physically in Singapore, but we will have to change our legal company and legal address. Currently, our lawyers are inclined to consider offshore jurisdictions, such as the Seychelles or Gibraltar. In addition to the opening of the company, we will be forced to open bank accounts for the reception of fiat currencies from customers. It will also take some time.

We understand that this step may have a negative impact on our situation, but this is the only possible option for the active growth of our client base and connection of new traders.

We want to reassure all customers. All balances (fiat and crypto) in complete safety, because funds have been accepted and continue to be adopted in strict accordance with the laws of Singapore. Fiat deposits will be transparently transferred to new accounts of the company in another jurisdiction in the near future.

The scammers have now locked their thread.

Yes, nothing to see here, move along, folks! LOL!

not a real picture!

They will not be able to continue with their scam anymore.

Just keep on writing, tweeting, and reporting!

Well, this will be the very first "community-forced exit scam". 

Difference between a Man

https://foundation.globycoin.org/

and a thief

https://bt.irlbtc.com/view/4612714.0


Il 08/08/2018 16:48, BiteBTC Contact ha scritto:
> Dear GlobyCoin Team,
>
> Your account will be opened once we'll move our business to another jurisdiction.
> It will happen in the near future.
> We use Cloudflare to protect our servers from hackers - it's the obvious answer.
>
> You can save your energy for more useful tasks.
> We're opened to all our customers and can be useful for Globy Coin project as well.
>
> Best regards,
> Steven Perkins,
> BiteBTC Listing Department
> https://bitebtc.com/
> contact@bitebtc.com
>
> > On August 8, 2018 at 8:05 PM "info-globycoin.org" <info@globycoin.org> wrote:
> >
> >
> > Hello
> >
> > i started with kindly hope,you turned me into an haters,you can talk
> > about it till the end of the worlds,the facts are talking for us,no real
> > traders on your exchange,only bots,we are here waiting
> > demostration,where is phone number?where is address ? domain registered
> > in usa? Why? are you in singapore? Honest? you are kidding me from half
> > of july,but i continue to hit you till you come out,and i will use all
> > my energy to stop your scam!
> >
> >
> > Il 08/08/2018 16:30, BiteBTC Contact ha scritto:
> > > Dear GlobyCoin Team,
> > >
> > > Thank you for your question!
> > >
> > > Please note, that we have more than 70K registered users, but only a
> > > tiny part is verified (about 5K).
> > > We don't manipulate market using bots, but we want to open our
> > > exchange for all 70K traders.
> > > And we want to show all haters that we're honest exchange.
> > >
> > > That's why we're moving to another jurisdiction.
> > >
> > > Best regards,
> > > Steven Perkins,
> > > BiteBTC Listing Department
> > > https://bitebtc.com/
> > > contact@bitebtc.com
> > >
> > > > On August 7, 2018 at 8:04 PM "info-globycoin.org"
> > > <info@globycoin.org> wrote:
> > > >
> > > >
> > > > Whats the problem? open trading,if you have this issue from start,who is
> > > > trading on bitebtc the bot? How many kyc verification you did before? if
> > > > you did? answer my question i don't believe you!
> > > >
> > > > If you don't open my trade you can write on your website also that Santa
> > > > Klauss exists!
> > > >
> > > >
> > > > Il 07/08/2018 16:25, BiteBTC Contact ha scritto:
> > > > > Dear GlobyCoin Team,
> > > > >
> > > > > First of all, we want to thank you for being our valued client.
> > > > >
> > > > > We want to inform you that a new stage in the life of our exchange is
> > > > > a change of jurisdiction. We did not find support from the Singapore
> > > > > authorities and change our jurisdiction. This will help us to accept
> > > > > many more traders and multiply our trading volumes.
> > > > >
> > > > > You can learn more by clicking on this link:
> > > > > https://bitebtc.com/news/17
> > > > >
> > > > > We kindly ask you to wait until our lawyers solve all issues related
> > > > > to the opening of the company and the bank account. This may take
> > > > > several weeks.
> > > > >
> > > > > We hope for your understanding and thank you for your trust.
> > > > >
> > > > > Best regards,
> > > > > Steven Perkins,
> > > > > BiteBTC Listing Department
> > > > > https://bitebtc.com/
> > > > > contact@bitebtc.com
> > > >
> > > >
> > > > ---
> > > > Questa email è stata esaminata alla ricerca di virus da AVG.
> > > > http://www.avg.com
> > > >
> >