Bitcoin Forum

crypto-bridge (https://bitcointalk.org/index.php?topic=2015949.0) is allegedly a decentralized trading platform, which does not request any sort KYC from their users , suddenly, everything changed ! crypto-bridge announced the introduction of KYC on the effective date itself, leaving their clients with only two options:

1- Forced to submit their KYC.
2- Lose their funds.

https://i.imgur.com/bOCIz3v.png

I am not a lawyer, but I would like to know more from someone who understands EU AML laws better , to me , the only way for crypto-bridge not to be held responsible is the fact that law enforcement got their hands on their system and forced them to active KYC before giving their clients any chance to act, in other words crypto-bridge was forced to "surprise" it's client.

if the above theory is incorrect, then I will keep my negative feedback and probably create a flag against them.


Thanks to coupable (https://bitcointalk.org/index.php?topic=5189289.msg52621349#msg52621349) for starting a thread regarding this matter in the Arabic Board

It's definitely a surprising turn out with crypto-bridge. I have used it a couple of times before and thinking it was a good exchange. It sounds really unfair to users like us to suddenly start doing the verification part. I would support your flag if ever you have already made it.

There could be a lot of reasons why it suddenly needed KYC and the most probable reason is the local authorities have contacted them and requested to have that user verification. We will never know.

I guess coupable didn't link my thread which alerted them. Crypto-Bridge Just sprung KYC on everyone today - No notice given (https://bitcointalk.org/index.php?topic=5189093.msg52613474#msg52613474). I hummed about creating it here, but at this moment it's not a scam. They are just guilty of being Grade "A" Assholes. People have the option to be made whole, so I placed it in Service Discussion.
So far my running thoughts are more inline with extortion of personal information over theft. Now if a lot of people fail KYC and are just told to bad, that will be a different matter.

Are they allowing to withdraw funds deposited before October? If not it's a scam, there's no two ways about it. Customers should be allowed to terminate the service without losing funds if they disagree with the new terms.

No from what I tried you can't even access the account to confirm balances for those so inclined to walk away. I whole heart-idly agree that anything prior to October 1st should be able to move, something I will have to try and do or wait for people better than myself to do is see how exactly their terms and conditions could be applied in this situation. Either way, it's just another step towards someone out there someday, playing pretend to be **. ****** *********** asking for great big Fiat loans.

i don't seem to find the difference between the two theories you presented, or maybe it doesn't matter since both lead to the same thing.

You see the word scam to the average English speaker like myself means 'lack of trustworthiness', so unless I am okay with extortion of personal data then I think it's a scam, to those who speak better English might call it something else, but it sure is worthy of being tagged and flagged for IMHO.

I think, the exchange is shady enough just because they didn't gave any prior warning to the users about the change in policy and didn't allowed the users to exit the service with the funds they owned.

One can argue, this is legally right or some conditions forced them to do so, but from the perspectives of an user of the exchange this change is a very annoying thing, which clearly indicates that the exchange doesn't care about costumer's satisfaction and comfort in anyway and can land you into a trouble anytime in the future.


In one way, this looks like extortion of personal info but it is more like taking users funds without them being warned. This is purely a SCAM for me as a exchange costumer.

I would surely support the flag once created.

Just my opinion here; it's a dick move there is no denying this. Until a few things happen, it's not fraudulent or deceptive nor have they just outright taken funds. Given time, enough information may come out to prove they deceived everyone by not disclosing this was coming. So far from the minimal communication I've seen, as well as Discord Mods pretending they aren't associated with the CB, they act as if this was forced upon them with a "gag" order of sorts.
There are a few things that make it easy to call a scam. First would be a user failing KYC despite providing everything necessary and having their funds withheld. Next would be information about then having notice and not being bound to keep this change from their customers. Until then, it can be said they are complying with the authorities as required.
I actually would like to venture down a different thought process here for a second. Could they not have suspended operations within the EU to avoid having to comply. Allow users to make a decision, then roll out service across the globe again in a month or so. I know not as much free coins that route, but an option none the less.

I wouldn't support a flag at this time. I am a customer and have coins there at the moment. It just seems premature given what we know at this moment, as being forced to operate within the Law doesn't give intent. So I'll wait.

There has no point of argue. Any kind of implementation must be announced at least one month ago. Coinexchange will be closed from December first, they have announced it already.
CB is a decentralized exchange, there's no point of requiring KYC either. Although it's their exchange, their rules. But why they don't give much time to the users? So that people who are not interested with KYC can withdraw fund.

That's what I said, it's a DICK move overall and I agree KYC is SHIT.

I agree, this is definitely a deception of users.
Do they already have a flag? Because they clearly deserve it and I will support the red flag if the author creates it.

Understood, there is nothing wrong with giving the situation a bit more time so that the image is quite clear, I have not created any flag against them yet, in fact a customer like yourself should do that so the flag is stronger, I will however keep the tag just to warn potential customers coming in and have no clue about the ongoing situation, and I believe that tag for now serves a good purpose until proven other wise.

would be good to hear back from you or anyone who deposited funds prior to October 1st ,and refused to submit their documents, how they deal with those  individuals is key here.

I will definitely keep people informed as to how this plays out. Like I said I will wait it out a while, but will likely have to submit. Especially since they can choose to de-list any coin they wish. Got so caught up in my ranting and raving I had forgotten to Tag, thanks for the reminder. The discord has been pretty entertaining, as far as irritating situations go at least.

So I've had a good read of their Terms and Conditions and their Privacy Policy, and I've found a few interesting snippets. All emphasis is my own.

https://crypto-bridge.org/terms-and-conditions/
https://archive.fo/qFpM6

https://crypto-bridge.org/privacy-policy/
https://archive.fo/sKJOu

No particular importance for this quote, just funny/shady that they should say it when it's obviously not true.. Same as claiming to be "decentralized" when they are obviously not.

This whole quote doesn't apply, since you haven't violated their terms, but the part about receiving a refund of Bridge IOUs is interesting. Can anyone who uses this exchange shed some light on what Bridge IOUs are? Is this essentially a refund or everything they are holding on your behalf, or something else entirely?

Interesting that their Terms and Conditions have not yet been updated to reflect the new KYC rules for users outside the US.

You have four weeks to object, by their own Terms and Conditions.

As above, still out of date regarding KYC and users outside the US.

These changes quite clearly affect your "contractual relationship", and no consent was sought.

Looking at this, it seems pretty clear that they are in breach of their own legal requirements.

Nice well I'm glad that someone else sees them the same way I did. The info out there about them is spotty at best and hard to confirm. I did get an actual company name last night, based in the EU so the american HQ is just BS they were happy to ket people believe. I wasn't sure about the terms as I read them but you helped pick it apart very well.

I had come across an interview that was even funnier to read it was a little after they announced the US portion. I had missed the 4 week timeline as I read through this  overnight so that will be my next foray with their support; if I actually find a rep who doesn't deny representing them now that people are angry.

I don't know anything about the IOU's likely only something you run into once.

Edit: This morning/afternoon lol, it looks like there is now an Admin on discord answering questions, I've put the 4weeks point to them. Might be blocked as I couldn't @ them. We'll see, I don't mess with discord to much. T - The response is state law is above contractual law. So not to prove they knew it was coming and chose not to provide the 4 weeks, thus violating their terms prior to enforcement. Should be fun.

Inregards to below, legal action is a tricky one. Once I found out they were actually a EU company out of Denmark I believe, and CB is viewed as a product. I'm going to explore options for filing complaints. From what I've heard the EU has a lot of rules and what not.

Saw this on Twitter yesterday. Definitely a dick move, wondering if anyone will take legal actions.

Exchanges are not a Banks, never never leave on exchanges more than you can afford to lose

Exchanges can be hacked, or run out of business, or like cryptobridge asking now for kyc.

By the way this requirement only for US citizens, if you want to withdraw, just use a VPN or Proxy

https://cdn1.imggmi.com/uploads/2019/10/3/684e139acccf16caadb5603311dcea89-full.jpg

Update:

Only bad thing is right now, api only connect to US nodes, EU nodes seems down.

If you want to change them, you cant. This is very strange, they are forcing all users go through KYC requirements  :-\

Might want to catch up there bud. This is for all users everywhere. The difference was they allowed US citizens a grace period to leave with their coins, months ago when it was rolled out.

At this point I had seen you could attempt to sell coins into BTS I believe then use a different bitshares gateway to withdraw them there. There are a couple extra steps. The problem is some coins have surprise surprise taken a 30+% hit on that pairing. I have some time so I'm going to keep playing around.

On another note I have been reading up in Fractal and their data deletion policy. So I'm going to check with support to see how long it takes and what sort of imprint is left behind.

Trying to withdraw some founds from cryptobridge and i got this message

https://cdn1.imggmi.com/uploads/2019/10/3/c029f2a3c0417544de7265581734a4f4-full.jpg

Even if is connected to China node

Same message if you try to deposit.

Damn, nothing last forever, crypto is not looking good anymore, big brother want to know

how wealth or poor we are  ;D

That would be interesting to watch: "Your Honer, they don't want to give me my money unless I send them my personal information which they are asking because authorities told them so". Legal action would make sense if someone send them ID and then they decide not to send funds.

https://ec.europa.eu/info/policies/justice-and-fundamental-rights/criminal-justice/anti-money-laundering-and-counter-terrorist-financing_en
It's not that that they are or not allowed to do this, it seems it will (or is) become mandatory for all financial institutions and other money related businesses, so doing KYC procedure to everyone, even if it is conducted without prior notice, seems to be by the law.

Having said that, doing KYC without prior notice is pretty much, as TheNewAnon135246 said, dick move.

If they have not given any prior warnings kyc  was coming before the date it was activated (at least one month) then it looks like they are likely hoping a lot of people will NOT wish to give their personal details and will leave their coins there for them to " look after".

Pretty scammy if that is the case. If you can get a flag going that could put some pressure on them to give a week or 2 grace before it goes live. Then again  if they think the loot will be considerable from abandoned accounts they may not budge.

Fully decentralized exchanges are the only way forward. Shame more people do not support them. Then this kind of thing and exit scams would not keep happening.

You can see their registration details here: https://crypto-bridge.org/imprint/
As you say, registered in Denmark to a company called "Liquid Blocks". Interestingly, the link they provide (https://liquid-blocks.com/) currently returns an error.

Anyone know what the Danish/EU laws regarding changes to Terms and Conditions are? I'd be very surprised if they were "The company can unilaterally change them without prior notice or consent and you just have to suck it up".

Sure, but the first inclination the exchange had that KYC for all customers was coming was not a letter which said "Implement KYC today or we will shut you down". There will have been communication prior to this, and any reputable exchange would have taken this opportunity to inform their customers of upcoming changes, especially since their own legalese says they are obligated to do so.

Didn't think I'd find myself saying this, but CH is spot on here.

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He's wearing a Cryptotalk signature. All you can expect is a generic reply which totally misses the point and doesn't read any of the conversation that came before.

Big impact on project like ours, we were listed on crypto-brigde advertising it as a decentralized exchange plus we promised to our customers privacy and safety of their personal informations, now all of a sudden we woke up with customers having their coins on crypto bridge without being able to withdraw them without completing the KYC verification.
From my understanding and personal research, its understandable to comply with KYC whenever you deal with USD, EUR, etc. (bank transfers), crypto-bridge does not have direct deposits, or direct exchanging methods to USD, EUR or other regulated currencies, so i really do not understand the need of the KYC, unless they will shut down in the near future.
Crypto-bridge is not a company, or atleast i can't find it... so the need of their exchange being forced to comply with KYC because of anytype of laws .... its impossible to understand atleast from my part.
If you have a company its understandable to comply with KYC, if not it beats me.

So yeah, whoever is acusing crypto-bridge of scaming people, in my opinion its totally understandable.

Informing customers before taking action is right thing to do, however, I don't think they have to do it. For example, you can go to police and say "they won't give me my money back, they ask me to give them my ID and they never asked this before", well how will this sound? Police will probably say "do AML procedure and if they don't give you your money then come to us". I don't think law which could make exchange to not perform KYC exist, keeping their customers informed about new regulations or not. This was always "double edged sword" in this space. I might be wrong, but I am at least 90% sure they don't have to inform anyone about this change in advance.

...and cryptocurrencies.

@marlboroza

No, they don't, especially when the contract clearly says it can change at any time. Legally, I even believe that the announcement is not mandatory. And to avoid a problem like this one when the party says "you didn't tell me before", that's why you often see a sentence added saying something like "you're supposed to check regularly the T&C for any change, blablabla"

Not defending the platform but users were well aware the T&C can change at any time and they accepted it. The contract/agreement was clear. It's like if someone signs a contract and then he says it's a scam because something changed and not in his favor. If it was in his favor, he wouldn't say it's a scam he would say it's an improvement   xD


No , I suppose they can't. I saw a post on Reddit yesterday with a screenshot, the user couldn't withdraw, he had a message saying "no asset found" but he has...

edit:
@stompix
"unfair" is very subjective but I don't think it's considered unfair when the agreement warned them before

The EU has what is called unfair contract terms.
https://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1429176294813&uri=CELEX:31993L0013

Cancelation on short notice and modifying a contract without informing a client and presenting him with the option to refuse it without taking a financial loss or going against his constitutional rights are forbidden
You can write in your terms and conditions whatever you want, in case of a complain the court will rule it in tour favor without examining further what the terms implied,  as they are is deemed illegal.

Anyhow, they deal with money, they are in the EU, they must go through all the KYC/AML stuff.
Actually, I would be far more concern with a company that claims to be run from the EU and does not require it, they would either be scammers or they would be shut down in a matter of months.

Decentralized exchange....what a joke this decentralized stuff has become  :'(

I really do not know why you all debating what they have to do or they can do, THEY ARE NOT A FINANCIAL INSTITUTION, THEY ARE NOT AFFILIATED WITH ANY FINANCIAL ENTITY, so what they need to do is let people choose if they want to comply with KYC or not, if not they have to be invited to withdraw their funds and terminate their account.

That is not true, you can't possibly change the terms without the other party agreeing to the "new" amendments/changes , the term "“We Can Change These Terms at Anytime" only declares that they are not obligated to stick to the agreement "forever", it means exactly that, nothing more nothing less.



source and more interesting facts here > https://www.americanbar.org/groups/business_law/publications/blt/2016/05/07_moringiello/


in most country if not all, notifying your clients about any changes to the agreement is a must, unless the "court" orders you to do otherwise , in fact even if you notify your clients in a manner that the court does not find reasonable it's as good as not having informed them in the first place.

This means an exchange like crypto-bridge can't make a tweet in Chinese and then expect the court to find it a reasonable way of notifying clients , in fact in most cases companies lose cases due to clients proving that they were not informed, " My email address was hacked and I had no way to see the notification from crypto-bridge." is in MOST cases good enough for a client to win the case , let alone not attempting to notify users in the first place.

Therefore, unless a court order has taken place, stating that crypto-bridge MUST seize it's clients' funds until and unless they submit KYC then , crypto-bridge is in deep shit.


Makes a lot of sense if you ask me, however there will never be a "Fully decentralized exchange" unless it's ran and managed by aliens and hosted out side of the milky way, as long as the exchange is located in any place that is reachable by any authority it will always be under some sort of rules and regulations, don't get me wrong , I am all about decentralization, but honestly speaking nothing in this world is fully decentralized, not even bitcoin itself.

It is our understanding that a REAL decentralized exchange with full atomic swaps would be pretty much as decentralized as bitcoin (not quite) . You should have zero risk of losing your coins.
We mean a real decentralized exchange like blocknet has created and binance tried to copy from them, perhaps they did manage to copy it I can't recall the story now . They are not taking off because they require a slightly higher level of study before use. People are lazy and impatient. You want super convenient then risk getting scammed with insta KYC over night or exist scammed or pretend hacks etc etc.

TBF a lot of exchanges have introduced kyc or no withdrawals although perhaps not on the same day :) may they did, can't recall. I think most have given a bit of grace.

That's the term they've chosen to use, that's what I have :P

And no, there is something called reasonable time between the warning sent to the clients and the actual date the terms take effect. Especially telecom companies are losing cases after cases over this when they want to close down or change subscriptions to tv packs or data transfer caps or anything that takes place overnight.

You have to offer your client a reasonable time to analyze, act and to find a solution, you can't put something on a website or send a SMS at 2 am and by 8 am cut him, it's going to be labeled as abusive and the client will win.

But now, this case, is a bit of a tricky situation.
If they would have changed the terms to ask for a 10% fee on withdraws and put them in place overnight and not allow users to withdraw money without the fees it would have been a case of "unfair" terms.

The changes they have made are actually EU AML guidelines, so ......they actually don't require the client approval.

The company shouldn't have operated on this model from the start, if they want to get legal or have been warned to from now that they should require identification, by not doing so and by returning funds to the customers who refuse KYC although moral it's unfortunately illegal.

So, call them scammers, pieces of ... everything, but they are covered by the damn law.


The EU AML directives have become mandatory regulations which are above the national courts jurisdiction, you can't fight them in a civil process.

What if they change the agreement to say that you owe them your firstborn. Still fair?

Those cop out clauses in TOS and user agreements shouldn't be considered a blank check for stealing customers funds.


And yet they're still thieves and I'll call them that, thank you very much :)

By not complying with the law when they took deposits they caused damages to those customers who for whatever reason can't pass KYC. And trust me, there are plenty of reasons why a perfectly above-board customer couldn't pass KYC. For example I once briefly lived at an address that wasn't in any of the KYC databases, even the friggin' USPS couldn't deliver to it, had to rent a mailbox.

Imagine this: you check your coat in a fancy restaurant, get a tag, but when you're trying to pick your coat up you're told you need to prove you own it by showing a picture of yourself wearing it. Even if there was law requiring such nonsense, I think it's still theft to confiscate property if it was taken from you under false pretense (promise to give it back in exchange for the tag, or upon supplying your username/password on a website).

Any of you legal eagles getting ready to tell me that this wouldn't fly with the police/judge/etc - yeah, I know.

There is no disagreement about this, every law including AML made by the European parliament must be followed down to a t , however my concern is this


This is how crypto-bridge justify the need for KYC, howver ,AMLD5 has been effective since 9 July 2018 , "assuming" they are based within EU authorities jurisdiction, how were they able to operate without applying AMLD5 for over a year? and why the sudden change?

This takes me back to the same question I asked in the OP


They were able to operate since 2017 without any KYC requirement, what are the chances that they really had noway to notify their clients? I would love to hear more from crypto-bridge, but apparently they don't even care !

Correct me if I'm wrong but I'm pretty sure EU members need to comply by Jan 10th 2020.

You are very wrong. We are talking about AML and CTF laws here, so they really can change this at any time they like, and, judging my country laws, this will be mandatory from 1. 1. 2020. for all "money" related services, and this action will take its place without prior notice, no one can say "I didn't know what is in laws" because authorities don't really care if you are not aware of laws. Besides, they can really say "everyone in our exchange is under suspicion that they deposited funds which came from suspicious sources therefore we will conduct KYC to everyone"  and they are pretty much allowed to conduct KYC before releasing funds..

Exchange is financial institution. Please read everything which is in link I posted just few posts before this one, you will get clear picture of everything.

That is partially true information, which will become, as I am aware of it, true information at 2020( for some countries at least). Just for example, in my country, which is in EU, you can do money related business up to 7500 kuna which is cca 1050€ without doing KYC, any other "deal" you make above this amount, well, you will have to go trough KYC procedure. And, you won't be able to deposit funds on some bookies without going "full" KYC while some other bookies will ask you partially private information only on withdrawal and when you go to cash out funds in their "brick and mortar" "office" they even won't ask you for ID's. How about that?

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I just want to say, I am not defending anyone here, I hate KYC as much as you all do, I hate some laws as much as you all do( FFS my authorities said if I will buy something with BTC, I will have to calculate and   pay capital gain taxes for every single shit I bought with BTC  >:(), I am just saying no one is above authorities and laws. Please don't mix your personal feelings and laws. Things which we consider wrong here doesn't mean they are wrong by law, although some should be, unfortunately, law is above us all  ::)

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Some things don't have any legal background, so if any service change terms to this it just can't and wont be enforced. KYC because of AML is something completely different, and it can be enforced at any time.

Sure but there are 2 different points

1) the fact a company can change the agreement
2) how they deal with users who disagree with the changes.

I'm not denying they should have at least left a deadline and announced it much earlier and give the possibility for those who disagree to move on. But the fact they can change the T&C and they told it before.

For others, No.

The beauty of the system!
You can call them thieves, everybody knows they are thieves, but ...they aren't :P
And probably worse than street-level thieves, since by law, they can't hold that money from suspicious accounts, they must give it to the authorities, those aren't tips, but I have a feeling it won't happen.

Unfortunately, the customers are really screwed in my opinion, and even if you take them to court, try to seize assets, by the time the whole process will be over the will be no trace of money, and maybe even now there is none left.
I don't like it, I don't think is normal, I don't think it should be legal but...is one of those moments..what can you do about it?


I live and work in a different country (although still in the EU) that my ID and Driving license show.
Usually, when a problem appears over this I give up, there is no point trying.


They shouldn't have! Why the change? $ Enough motive?


EU regulations and directives have mandatory times but that doesn't mean a country can't approve one as soon as it's printed and to be honest I have no clue how Denmark dealt with it. And it doesn't mean also that one country doesn't have in place stricter regulation.

I am really having hard time to understand this topic and posts within it.

Are we talking about law or justice?

You are right, but I am not wrong ,you kind of misquoted my reply to LeGaulois's sentence where he stated


What I was trying to say is that, this part does not mean they can "precisely" change the contract as they wish without notifying their clients, unless the modification serves a purpose of complying with a new law / law amendment then that's a different story, meaning that for example, they can't change the withdrawal fees without notifying the users , I am 99% certain about this, however, assuming AMLD5 took place on 1st Oct 2019, then crypto-bridge are not obligated to notify their clients , as you mentioned nobody is responsible on notifying anyone about the law.

Now I hope that part is cleared.

However, the problem with this case is that AMLD5



according to https://www2.deloitte.com/lu/en/pages/risk/articles/amld5-has-entered-into-force.html#targetText=On%2019%20June%202018%2C%20the,application%20from%2010%20January%202020.

non of the two dates mentioned above is 1st Oct 2019.

 I will admit that I was mistaken in the part where I thought what they did was illegal , when I gave it a second thought , the contract's modification enforced a law, thus , it gains legality  , I doubt any judge will send them to jail for doing so  ::)

But wait , it's very likely that they "where were able" to inform their clients but they chose not to,  I also have another way of looking at it , it's sorta of conspiracy theory based, but please hear me out :D

Crypto-bridge does not answer to any authority, they don't give a fuck about any EU law  "well they run for years without complying to it anyway" and they faked this whole thing in an attempt to steal clients funds who refuse to submit their personal documents (probably plenty of them), so this could be more or less like a scam under the protection of the law.

My conclusion : Crypto-bridge did not break any law by enforcing KYC , but they directly or indirectly scammed clients by "suddenly pretending" to comply to a law they operated without for 2 years.

What I have misquoted, as I can see LeGaulois agreed with me and you disagreed and then I disagreed with you.

Irrelevant. They can enforce KYC whenever they want. It is a law FFS.
Which is also irrelevant. They can but they are not obligated to do so.
Provide proofs.
Many services ran for years without conducting KYC, because it wasn't written in law that they should conduct KYC. Remember all anonymous VISA cards? Or was it mastercard  ::)
Yes, it could be. Do you have proofs for this statement?
Cmon, proofs. Law has changed, KYC wasn't mandatory 2 years ago in many countries, now it is.

Side note - I am not shilling for them, I want to see more proofs than conversation in reputation.

Was KYC mandatory before october 1st? If yes then how were they able to operate if they are obligated to follow EU law? If no then when was it ? Unless AML laws were enforced on October first then I see no justification to what they did and how they did it.
 
I have asked this question twice now without an answer, let me rephrase "excuse my English"

If the exchange is located in EU zone, how were they able to operate for 2 years without compliance to EU AML laws and had no issue, i am sure EU law enforcement don't need 2 years to spot an exchange like this one, AML/KYC have been there long before 2017, unless the law in EU is optional and you can follow it whenever you feel like it

if they are not obligated to follow EU laws then where did all this KYC shit come from??


Irrelevant to who? The jude? My grandfather?  True, but to the reputation of the exchange in question it is relevant indeed.

You see, one does not have to break the law of a certain country to be considered a scammer, if that is the case then we probably should hire an international lawyer for this section of the forum before calling anyone a scammer.

If you allow me to deposit funds without KYC then i should be able to withdrawal without KYC as well, unless law enforcement "forced" you do such a thing, if that is not the case then you are a scammer regardless of the law.

Sorry I haven't kept up posting but I do have an update on my particular situation … but wait mini ranting on my progress and just a general issue I see. Honestly the more time I log in the cryptoshpere the more I hate the current market relationship with exchanges. Considering the heavy handed tactics that may well become the norm, I'm hoping more people look to remove 3rd parties from their trades. I try my damndest to buy or sell coins P2P. It's just fuckin tough.
-Most people don't want to because they are to lazy to verify who they are dealing with. I get it scams but you can dodge this shit with a small amount of effort usually.
-Don't care about being their own bank and still want someone holding their funds. Maybe without consent ::)
-Want to use Credit Cards or link a bank account. Great first step but it this is also one of the reasons I will drive 4 hours once a month to keep connected with a near local community to try and facilitate buying.

So yes illegal no. They are complying with a law. This doesn't change the fact that they were not complying with these laws for years. Not to mention they only partially began complying with this a few months ago, in targeting US citizens with notice of the change. This made sense as the US seems to get cut off from services the rest of the world can use, due to their regulations. I've said it before I don't care they want to comply for the sake of operating this platform without hassle in the future.

What should happen regardless if they are so interested in being fully legal, and the EU is serious about their handling of non - complaint exchanges. The company and it's team should be brought up on charges and have their day in the system for their blatant disregard for those laws. It's convenient nothing like this will be discussed or ever see the light of day.

Either way I am fully done dealing with them as of this morning. Any further issues I have will be with Fractal.

---

There was an option for people to get their coins out of custody without verifying, sounds to good to be true. Well half. Essentially you had to trade the asset into bitshares, then using your same credentials log into another gateway - similar to cryptobridge, I think openledger was the one. I didn't get this far as when I checked the pairings, it became apparent you would take a 10-50% hit on the value of your coin go figure, must have been a market disruption or some event to overvalue BTS. (internal rage grumblings)
So I then proceeded to read Fractals terms and noticed they have a deletion policy inline with EU privacy laws and.... wait that can't be right... oh never mind. From this I said Fuck it, I don't know what other shady shit may come and I want my coins back where they belong. Not going to lie, had more than I should have there, got busy and caught with my pants down so to say.

So I know have all my coins. In my wallet.

---

The problem with Fractals little box mentality of an entire world providing documents that fit their requirements.... damn foreign continent tel.. I'm amazed how much it still pisses me off...
I sent everything they asked for, but oh no I don't receive door delivery mail. So none of my bills come addressed to my street address. Only US drivers licenses work, so mine with an address would have been no good, and it doesn't count based on their initial gathering. So lucky me it was property tax time a few weeks ago - never thought I'd be thankful for that. I clearly wrote on the receipt that mail goes to a P.O box, showed them the physical street address in the receipt description for what I paid taxes on. Wake up 8 hours later to being declined.
To their credit, I sent an email to support and pointed out they should learn to actually review the document and they would have noticed everything they need is there. 20 minutes and I was verified, 30 minutes had my coins. 40 minutes emailed their support requesting all my information be deleted in compliance with their policies.

I don't know how much it will scrub, I may never know how many back-ups of my beautiful mug looking like a rage bomb next to happy  dude on a passport. I am done though. There are many out there who might never get their coins. I heard suggestions like have your parents verify and shit, what a joke.

Forgot to add they booted me from the discord after I explained what I did and why in regards to verifying then requesting my documents be deleted. To be fair I did also tell everyone if you must do the same and then go trade anywhere else as their is no benefits to CB anymore. getting booted was actually kind of a bright spot today.

I will update a flag here. It is evident they are not acting in good faith. Was I made whole by the end, no. If there needs to be monetary damages attached it would be in the cents at this moment as I wasn't about to mess around and had to leave a few fractions of a coin there, due to issues with the withdrawal. And a fraction of their BTS that was used for fees previously.
The damage more centers around my privacy which I'll admit I wasn't always the best of protecting, but those were my mistakes. This was being forced to hand it over to a company not of my choosing, with no other option than to be financially harmed.

Edit: Here is the flag (https://bitcointalk.org/index.php?action=trust;flag=803). I believe it is all covered feel free to let me know if I messed this up in any way. Hopefully I don't have to make many more of these in the future.

This is the point I'm making. Implementing KYC is not an overnight decision, especially if it has been passed down to them from some court or international regulation. They also mentioned in their press release that their KYC is outsourced to a third party. There would have been communication from some Europe regulator to the exchange, meetings at the exchange to discuss it, plans formulated to implement it, discussion and negotiation with their third party regarding logistics and price, ensuring their automatic systems could accurately detect a heterogeneous group of driver's licenses/passports/bills/tax forms/whatever from a wide variety of countries, ensuring their infrastructure could handle all the additional uploads, employing/training enough staff to deal with complaints/issues, and a myriad of other things. This doesn't all happen in 24 hours. Preparation for this will have been going on behind the scenes for at least a couple of weeks. They purposefully chose to keep users in the dark about this.

---

My understanding of the new EU data protection laws are that they contain a "right to be forgotten" clause, where a company must delete everything they hold on you at your request or face a hefty fine. I'm guessing, however, that there is also a clause that says they have to keep a minimum amount of data for x number of years when financial transactions are involved, though. Perhaps someone who lives in Europe could shed some more light.

Ahh, yes. Silence anyone who criticizes you. Classic innocent-and-definitely-not-scammy behavior. ::)

To me, those two words in bold are good enough to create a flag against them, I will not be convinced by any law backed facts that justify whatever those scammers did, and to make the discussion of this topic a little bit more convenient for everyone let's just assume that crypto-bridge have not broken a single law on planet earth, yet , that does not change the fact that they deserve to be flagged and I personally wouldn't touch them with a barge pole.



I am glad you took the time to think it over and to actually see how the process of their KYC goes, at first , you kind of opposed me in this and I was thinking that maybe I should remove the tag since you being their client should know better than I do, at this point I have no doubt that both the negative tag and the flag are well deserved.

The flag still appears as inactive, please request support in LoyceV's topic  (https://bitcointalk.org/index.php?topic=5153445.0)

https://www.politico.eu/article/eu-may-still-bring-dirty-money-case-against-denmark-estonia/


https://ec.europa.eu/info/policies/justice-and-fundamental-rights/criminal-justice/anti-money-laundering-and-counter-terrorist-financing_en

Quite different from topic.



Many things remained unclear...I am still not sure what to think about whole situation except it was a dick move.

Sorry didn't mean for it to come off as opposing you, I actually hadn't even gone far enough to look for an account on the forum. I was doing my best to remain objective and not circle the wagons immediately, that's why I chose the route of service discussion. It gave me time to go through their discord, and attempt to reason with anyone there. It went no where and after sorting my business with them I could reflect and make a reasoned decision. Especially when it comes to Flags I want to make sure I don't jump the gun.

I noticed it's showing as active now. On the note of having my information deleted by Fractal. I received an email to say email this other address, we'll see how that goes.

Are you a USA citizen?

If you got all your coins back what are you complaining about?

Read the thread and figure it out, I have been quite clear about my grievances. No I am not a US or EU citizen.

What a turn out for crypto-bridge haha. Its sad to see exchanges trying to scam their users with something like this and I'm so glad that you have figured this out. The problems is that there are so many users who already made the KYC and don't know about this thread and the risk they're taking in completing it. It seems that in the last month exchanges are looking for ways to even exit the market or scam the investors, traders and holders. I have a feeling that a big exchange is planing this too.

You haven't show any damages, if you got all your coins back you have nothing to complain about.

You still haven't shown the ability to read.
Once again go back through the thread, follow my flag and my reasons are laid out. You don't like it feel free to oppose the flag. This isn't just about me, there are plenty of others who may not use Bitcointalk.org, who will be "damaged" much worse than myself.

What you have described here is something which might be true, however, I am not going to support flag because some random exchange which you trusted with money all of sudden start asking KYC because maybe their authorities told them to do so because something is maybe changed in law.

So what is important to support this flag - have you sent them your real ID's and they didn't allow you to withdraw you, have you sent them fake ID's and they didn't allow you to withdraw, maybe you withdraw, maybe you didn't, maybe you didn't have funds there, maybe you did everything and this is exit scam. I can't really say from your post and thread.

I have also heard that there is other way to withdraw money without doing KYC (someone posted in their thread IIRC)so if another option do exist where is damage? Have you tried to do it?

Contract flags shouldn't be supported or opposed based on personal feelings.
I hope you are wrong, but I have also read that someone went trough KYC and withdraw funds, who should we believe now?

Okay so on mobile - don't expect a great explanation.

Withdrawal option that is available without KYC is converting all coins to BTS then accessing BTS using your same credentials through another gateway. Problem here as I outlined was that this resulted in a 10-50% loss due to the inflated BTS price depending on your trading pair. Which also forces you to trust another party. This is also not presented by the exchange itself this is a workaround with additional pitfalls to less tech savy individuals.

Making up possible reasons why an exchange chose to violate their written terms, is not an objective way to approach accusations. If this were the case and somehow the stroke of midnight brought the authorities to their door  forcing this action, they could share that. This is not the response they have given. So again, being forced to submit above and beyond normal levels of KYC for any and all use of the site violated their terms the way it rolled out. I did wait and work through my issue while exploring all options before creating a flag.

I again don't care if anyone supports this flag apart from myself. I don't give a shit if anyone believes I had coins on this exchange. You either believe me at face value or you don't. I believe all my posts on this matter in this thread, as well as the service discussion thread I started cover my experience so far. Since beginning this discussion it can be seen my case is not an outlier and that these actions are the stance of the exchange.

Everything that has been asked in these last few posts I have already covered. I only respond to make this clear, but am not a fan of repeating myself several times over. If there is a specific question one has that I have not answered feel free to ask

There will be differences on what people think is damaging. Some may see it as only possible if you were financially harmed, some may agree that stress and worry constitute damages, the same goes for privacy and being forced to submit documents to an entity outside my country with no option but to trust them.I have also tried to avoid speculating on their motives, while others have. This was to do my best to remain objective as i laid everything out.

So I say to everyone. Treat this flag and any others the same as all feedback and trust related issues. You agree, you aren't sure or don't care, or you oppose this flag.

---

I will update with Fracral's response to my deletion request.

"Feel free" is a figure of speech that there is no pressure or underlying requirements to act in one way or another. Not about "feelings"

Bitcoin exchanges have been doing KYC since I can remember, (Bitstamp was my first exchange back in 2013).

If you believe an exchange can operate for long and with any meaningful volume without compliance you're naive and you shouldn't play this game.

BTW, if an exchange has an URL and someone profits from operating it, it's not really decentralize.

You look like an attention seeker.

They had to follow the law (which is a good thing long term), you provided the necessary documentation, you got your coins, move on.

Yes, under GDPR, they can keep information for a certain number of years. And this is not just an EU thing. If you do anything with websites who's business is global, then most of them have implemented GDPR as well. Think Facebook, Google etc etc etc. So requesting they delete your data isn't good enough. You have a right to know all the data they have on you and they have to provide it to you. So you would need to clarify with them what they may or may not delete, how long they will hold the rest and I would even go so far as to ask for what purpose and what legal grounds they are holding that information. GDPR is clear as mud and many companies have implemented things but they have no idea if it's absolutely correct or not. Like a lot of laws, they're hoping there will eventually be some legal cases that clarify things as there are some aspects of GDPR that just don't make any sense and it's clear that the people that wrote it just don't even comprehend how the internet works.

Binance, KuCoin,Bitfinex,BitForex,BiBox,Hotbit etc,,,

These exchanges and many others , either have daily limits for withdrawal without KYC , allow only crypto (no bank transfer) deposit and withdrawal, and some don't require KYC at all, and the list goes on and on, and most importantly non of them allowed people to deposit funds and then "forced" them to either submit their documents or suffer a loss,  you obviously have no clue what you are talking about.

If you actually did read the topic you would understand that the issue is not  KYC per se, it's the way they went about it, now if you are done spamming the thread, you can go back to alts.  Thanks

The two times I've used crypto-bridge, both withdrawals were held and was solved only after starting a support ticket and waiting over 48 hours. I don't think crypto-bridge is actually a decentralized exchange.
Binance has no issues withdrawing under limit for non verified users while KUcoin is found to enforcing KYC for any users. There are many other exchanges that doesn't necessarily require KYC. So, it would be better to use an alternative and wait for if there's no other listing.

Today. Every exchange started out not requiring KYC and then implemented it later. Others also had limits where you could withdraw up to a certain amount and if you wanted to do more, you needed KYC. From what I see, more and more governments are requiring it and they will not be able to avoid it. So, it's just a matter of time before all those ones either implement KYC or magically get hacked or something else happens and they end up shutting down.

A true decentralized guide

does crypto-bridge fit this?

https://cdn-images-1.medium.com/max/800/1*29xcWkWD7SdXyvpCHbJNEQ.jpeg

I did one on the 30th. Had lots of issues getting it to work but finally figured out a way for it to go through. It disappeared completely and after waiting probably an hour, nothing had shown up anywhere either. The bitshares block explorerer showed everything I had done up to but not the withdraw. Sent in a support ticket and it was resolved within an hour, 2 at the absolute most. I don't really get this last minute KYC thing unless there's something else going on in the background, but given how quickly they fixed my issue and that I actually got my coins, I really can't see them purposely scamming people.

Ehem.

---

It still doesn't make sense for a business to screw their customers over and over again with last-minute KYC and no grace period. If I were you, I'd no longer use them. You're lucky your withdrawal gets processed quickly but I'm pretty sure there are others who need days or even weeks.

Please read the thread. No one is claiming that they are shady simply for requiring KYC.

Agreed. This should serve as yet another warning to never store coins on an exchange. You can lose access to them at any time and without warning for a whole myriad of reasons.

No, and continuing to claim they are decentralized when they obviously aren't is pretty shady in itself.

No one is against the KYC, even though CB was supposed to be a decentralized exchange, but due to the U.S regulation's pressure, they made this exchange a centralized exchange, which shows how much they are scared of the U.S regulations. Anyways, what they did is that they assigned the KYC task to a 3rd party named as "Fractal" and Fractal put a rule of accepting U.S driving license only, which is beyond understanding. I have never seen any exchange, not even a 3rd party who have put such stupid rule. The world knows the grey countries where the fake documents could be produced, that is not a hidden secret now. Google the grey countries, you will see the list of. Fractal needs to understand that driving license in first world countries are the govt issued Photo IDs which has the complete address and all the relevant information on it.
Fractal needs to be educated on this first, even they are Germans, but never understood this, which shows their level of non-professionalism. There are thousands of accounts contacted cryptobridge on discord channel, and after requests they were kicked out from the discord channel. What kinda exchange management is this? What kinda democracy is this? and what kinda professionalism is this that the traders/investors put their hard money into an exchange, hold and trade coins, and exchange was keep earning from the trade of these traders, and now these traders are begging the cryptobridge to help them and they are not listening. This is sick, crazy and retard behavior, I must say. Cryptobridge management is not bold enough to talk to fractal on behalf of the CB traders/community to revise the rules of KYC.I personally asked the CB authorized person on discord, and he had no answer. Like what the heck cryptbridge wants to do? What are their plans? Do they want to be in the list of all those exchanges which got closed and looted the funds of thousands of people around the globe? Does CB wants to be that blacklisted that no one would like to go there for trade even and would never recommend to others?
Cryptbridge management should seriously think on it that what mess they have made from this KYC procedure. A single trade on average is approved on 10 - 20 exchanges worldwide on a driving license and proof of address. Why someone would need a U.S driving license if he/she is driving in other part of North America, such as Canada.
Please convey this message to the CB, no one is against the KYC, but this rule which has made this KYC a MESS.

I have some coins on the Crpyto Bridge exchange too. To be honest with you all, I extremely dissapointed on the way they announced KYC and mandatorily required all of their customers to do KYCs without any period to withdraw coins out of the Crypto Bridge without KYCs.

On other exchanges, they usually allow their customers a fixed period to withdraw money without KYCs, after the deadline of non-KYC withdrawals all customers have to do and surpass KYCs to withdraw money.

There is another messy thing on Crypto Bridge's KYC requirements: proof of address.
They ask for proof of address with the maximum period to be valid is: 3 months.
This requirement is a strange one, that I disagreed with them. It takes a lot of time to do this, why I have to go to banks and make transactions just to get a valid proof of address for them?
Passport, driving license are not enough for them, OMG!

It's actually a fairly standard requirement for KYC on various exchanges.

Coinbase:
Kraken:
Bitstamp:

Anything official with your name and address on it will suffice, it doesn't have to be a bank statement. Utility bills are usually the most common - electricity, gas, water, telephone, internet, TV/media - but they also might accept things things like insurance policies/certificates or tax documents.

I have funds on CB before October 1st. I refuse the way KYC CB. First result: my account can be considered blocked. I can only cancel orders.
Second result: CB is experimenting with a new form of cryptographic hacking. With the agreement of the authorities. Some are in the cryptos camp like Coinexchange, others like Cryptsy or Cryptopia were there to be hacked. With these two exchanges, now the funds are there or you know ... Soon ditto CB!
Be patient... ;)

Is strange that there are not many reports that Cryptobridge have been scamming with their KYC tactics, different than Hitbtc and Tradesatoshi that selectively block users accounts Cryptobridge from one day to another without warning ask KYC to all its users, many users.

Cryptobridge moderators on their official Discord chat tell users that they cannot help them if they don't pass KYC

https://i.imgur.com/kDmtbM9.jpg

Even users that did KYC and got approved cannot use their account because keep asking for KYC

https://i.imgur.com/CvgeM7A.jpg

Then they have problems with the documents they accept, like this user with a valid Canadian driver licence, is not valid cryptobridge says.

https://i.imgur.com/hmCi777.jpg

Thats why i have added Cryptobridge to my scam list, to warn everybody of this scam

I am surprised that no one has opened a scam accusation tread about the scam tactics of CryptoBridge Scam Exchange.

Today they announced they will be delisting about 40 coins because they are a "TOXIC EXCHANGE"

https://i.imgur.com/IMc47YZ.png

So many users are still waiting for verification, many of them complaining about they cannot pass the verification.

Even twitter personalities like the well know shitcoiner notsofast and tradesatoshi owner sa_ddam213 have commented about Cryptobridge scammy tactics

https://i.imgur.com/daxCyTv.jpg

https://i.imgur.com/8YDl3hT.jpg

https://i.imgur.com/jec2Ze3.jpg

I have added Cryptobridge to my list of scams on my signature as awareness of this scam and i hope many others do the same

Is there any change in the KYC requirements lately over at CryptoBridge, I still have some BTC on there and they banned me from their Discord after I questioned their intentions.

I can't easily verify my address so they appear to be keeping my Bitcoin.

I feel I should exact some kind of revenge on them.

I suggest open a scam accusation against CB, so far anyone has a complain here in Bitcointalk, but their discord and twitter is on Fire

If a company initiates kyc it should be available to everyone if they wish to complete it. CB should either get Fractal to accept non US driving licences as photo ID or get another kyc company that does. I have been looking into this and blocking users from completing kyc may be breaking EU kyc regulations, because if a company initiates kyc, it should be available to everyone if they wish to complete it.

blocked from completing kyc because of the non US driving licence ID restriction or something else?

I believe this may be breaking kyc regulations, make a complaints about Fractal ID service to the European Commission. We can complain about Fractal ID service at the European Commission as mentioned on this page 

https://company.fractal.id/imprint

It doesn't matter what country you are from you can still make a complaint.

The fact of many complains that they are not accepting drivers licence from some first world countries like Canada it seems shady to me,
European, Us, Canada, Australia, NZ, are some of the countries where drivers licence can also be a identification document, and not being accepted by a KYC company seems strange.

I fully agree that locking users' coins behind sudden, unannounced, and in some cases incompletable KYC is exceptionally shady, and some users may decide that this warrants a scam accusation to be opened. What I don't follow is why your scam accusation against them has followed them delisting a bunch of coins?

At the end of the day, they are a private company and can choose to list or delist any coins as they see fit, including 100 shitcoins all at once. Them doing so is not a valid reason to call them a scam, unless there is also evidence that they are using this technique to manipulate the markets or are confiscating funds of these coins held by their users.

I actually add cryptobridge to my scam list 4 days before they announce the massive delisting.

I add cryptobridge to my scam list on November 08, 2019, 04:53:47 AM
and they announced they will delist all those coins on November 12, 2019, 06:03:39 AM

Anyways, there is still users with pending KYC while the exchange is doing massive delistings and users will not be able to withdrawal, same did tradesatoshi, and also got my attention that tradesatoshi owner tweet about the cryptobridge delisting saying they need to cut costs because they reduce the trading fees, and also interacting with notsofast that was an early chiller of cryptobridge in the past, i think all those scammers are all connected and know each others and pump and dump coins and other shady things.

Fair enough.

As I said above, this is enough to push them over the line and in to "scam territory". Delisting coins for any reason, but especially if they are not making them any profit, is entirely acceptable to the functioning of any private company or exchange. Locking users of out of their accounts and demanding KYC is definitely shady, and some users may or may not consider it "scammy". However, if they lock users out of their accounts, delist coins, and don't let these users later withdraw their holdings of the delisted coins after completing the KYC, then that is absolutely scam behavior and they should be flagged for it.

I actually think a scam accusation needs to be open against Cryptobridge and Notsofast

Cryptobridge, because they are a fake dex with scam tactics using KYC to steal their users coins

and

Notsofast for being close friend of tradesatoshi owner and promote Cryptobridge SCAM

https://i.imgur.com/rAzUweI.jpg


This still can be seen here

http://web.archive.org/web/20190110095206/https://crypto-bridge.org/ (http://web.archive.org/web/20190110095206/https://crypto-bridge.org/)

Delisting is a real subject. But it's not the customers who manage the exchange.
It is an incompetence of the responsibles to propose bad Altcoins. And always a fraudulent practices.

The countdown of CB is started ... It will not be the last.
Well done! KYC offered to lobby scams ...  ???

As you know, on the 25th of november cryptobridge will delist a large number of coins, which means you will loose 100% of those coins in case you don't withdraw and cryptobridge will take control of them without the possibility for you to ever withdraw them again.

I can help you out withdraw your coins from CryptoBridge for a fee.

In case you have doubts about trust, which is more than normal, I will give you my social media profiles (where you can message me for confirmation that I am indeed the same person).

There's no incentive for me to scam you, there's actually only incentives to deliver. I will ruin my reputation and also it doesn't make sense profit wise, as I will profit more by helping more people and get positive reviews from people that I helped.

For a faster conversation you can contact me on discord : Equilibrium#1004 , telegram : @Equ1Librium


Cheers !

Always be very wary of newbies asking you to contact them privately.

Social media profiles mean absolutely nothing; it is trivial to create fake ones or buy existing ones. Even if it is the real person, how does that make you any more trustworthy?

Similarly, how can you "ruin your reputation" when you are a brand new account created a few hours ago? If your get red trust on here you can just create another new account and have lost nothing.

Why don't you explain what you are actually offering publicly instead? Presumably you are proposing to somehow game their KYC requirements, which will result in your account being frozen and any of your "customers" losing their funds if you are caught.

I am a newbie here, but not on my other social media profiles, that will be evident when I send the profiles to the ones that contact me and actually need help. They are not fake, neither bought, they are on my name with plenty of posts and plenty of reputation to hurt, as my crypto activity is around this name even on telegram and discord where I am in plenty of groups that I don't want to be kicked out.

The trustworthiness doesn't come only from my social media profiles, I have a more secure way to get users funds out with little trust involvement.

I won't make that public, for obvious reasons, that this is my business, plus it will make scammers flood the scene.

Also, it's not in my interest like I said to ruin my reputation, but the most important aspect is that the economic incentive is much higher by helping people and getting the fee, rather than scamming them.
People will provide good reviews, then more people will come for help and I make much more by helping, than by scamming, creating more profit that I would have made by scamming and being reported fast after that. Not that I thought about scamming, but just so you get the picture how that looks in the scamming situation.


Don't always assume things because past experiences told you so. It's not 100% the case every time. But in general, I agree, people should be very careful at this kind of proposals and do their own due diligence, analyze the risks involved, methods and the necessary info at their disposal to make the best decision they can.  

Mate your words are too good to be true, my advice is why not prove it first with few free transactions of some users here for example that has account on the said exchange? The service you're going to take on is indeed big as it involves other people's asset on that exchange and how on earth can you help with the withdrawal process, may we know?

Don't mention those social media profiles again as @o_e_l_e_o just said it realy means nothing unless you're really of a big shot afterall then I have no grudge at all as well. This is a fair reminder to newbies (as they are more likely to fall with I suppose) if ever this user message you or you want to make a transaction please make your own due diligence before doing so.

I am not pulling out a miracle. No you won't know how to. I wont prove it with transactions because of users privacy and because I don't want to tell you how for obvious reasons. I am getting the sense your accusing me, just to get the info for free, which wont happen, so stop trying.

When transactions will be made, I will let people know to leave reviews or I will post them here from other places. End of discussion, if you want to do business, contact me and you will see there is a safe way with minor trust.

Iv been trying to get my KYC done for 6mos+ and cant withdraw crap. All it does is put you in loops.

I warn you all about this, now is too late to open a scam accusation against Cryptobridge, too many got scammed

They're shutting down and plans to relaunch.
https://bitcointalk.org/index.php?topic=5206260.msg53240030#msg53240030

They plan to change their KYC rule on the new exchange They don't.

CryptoBridgeEU on twitter is a scam account, don't follow those links.


http://crypto-bridge.org/

Right! That's why I thought it makes no sense to make a come back after declaring that they were already out of funds.

Thanks for the update.

Cryptobridge have closed withdrawals for most of the tokens and not responding to help tickets. Does anybody experiencing the same problem? Any ideas?

There you go! CB will close, using the KYC approach with the help of Fractal the damage on the customers must be important.
A Fractal: Has the application of KYC on CB been applied! ???

If anyone need to withdraw funds from crypto-bridge I can help you, even without KYC procedure. PM me.

Be careful using services that offer to withdraw your funds for you!

You can login your account on GDEX & trade the GDEX.BTC of GDEX against the BRIDGE.BTC of #CryptoBridge by simply opening the corresponding market:
https://gdex.io/market/GDEX.BTC_BRIDGE.BTC
https://wallet.crypto-bridge.org/market/BRIDGE.BTC_GDEX.BTC
And then withdraw BTC from GDEX.

What if I have altcoins on Crypto Bridge, not BTC? And you are newbie?

I can help you, just PM me

Yes is a scam

how do I get my CLOAK Coin off the bitshares network?

It was really obvious BCO was dying 6 months ago, but it's still a shock...
They spent 3 years lying about being a "DEX"... and never listed BCO anywhere else... 2 massive red flags.

BTS is also gonna go to zero sooner or later... 2017 is a million years ago  :(

Everyday we get bombarded with all this crypto scam news, Exchange CEOs that disappear with the cold wallets, Exchanges that get hack, Decentralized exchanges that are not decentralized and ask for KYC, Exchanges shutting down, Exchanges casino adding shitcoin like Matic to leverage.

We need to realize that this is not what crypto meant to be, we been scammed by all this new crypto corporations.

Today Matic down -64% on Binance, this is a shitshow, what is next?

False money ... It's not new ...
But what is the purpose of KYC, GRDP, Sites "Designed on the basis of extremely high international and national AML regulatory standards and has a team of legal and compliance professionals ...", Exchange.
That's the question!
News from crypsys, cryptopia ...
To suck up your funds. It's new!

I can help you, PM me