FBI linked group has taken over BTC-E

>while will try
*who will try

Figured going to be an interesting month for BTC

I'd love to know how much BTC they ceased from the people involved, artikel didn't mention any specific numbers, wonder if they dump them in august

Business idea:
Make a non KYC exchange that is only open to people from some sub-sahara shithole countries and make people who sign up explicitly agree that they are not American, European or Chinese citizens.

Btc-e only got fucked because they did business with American citizens. If you credibly exclude people from relevant countries then fbi or other competent police force has no reason to go down on you.

>BTC-E
Who...?

It's going to be a sad day when companies start excluding amerfarts due to their government's regulations.

Kills innovation.

> inb4 MUH MONEY LAUNDERING ISN'T INNOVATIVE

Yes you small minded amerifargot, but having people w8 3 weeks for ID verification to trade coins is annoying and invades privacy. No one wants your bureaucracies meddling with their taxes due to their support of certain organizations (irs auditing people due to political views).

It was the oldest existing Bitcoin exchange until it was shut down a few days ago.

This was also just registered:
btc-e.nl

They already do. It is already a chore to find foreign banks that will let an American open an account. The banks absolutely don't want to comply with U.S. reporting requirements, not that I blame them.

Holy fuck it's down..

So what happens to people who have fiat or coins held on the exchange?

Any users here affected?