$430k is serious money, but you can bet there are way bigger players, wait till they start looking for blood from BTC-e if refunds are not forthcoming. It's one thing to have a foreign government chasing you, but it's another thing altogether to have super rich, possibly shady locals after you.

If BTC-e runs with the funds, then I would expect bad things to eventually happen to them due to the large sums involved. The logical thing to do is try to start trading again, so people who want to, can at least withdraw their crypto. I would imagine the fiat is lost, but that could be partially replaced with crypto, eg. BCC. Once the crypto is disbursed back to the rightful owners, then to some extent BTC-e hands are clean, ie. "Move along, nothing to seize here".
Lets hope they haven't lost a truck load of fiat they can't repay.

What you are describing is the US sliding into Tyranny, look at the Stasi style law enforcement ignoring international boundaries, and you can see the 1930's all over again. "Those who cannot remember the past are condemned to repeat it".

The main problem I have had with Poloniex is support, there just isn't any, the have never replied to even one of my support tickets.
Tickets just sit there saying "Being Processed" for weeks upon weeks. I have never had such a poor support response from any other exchange.

I don't understand what that site is supposed to be, some sort of a snapshot from July 25th.?

The current time is wrong.

You still need a mechanism for price discovery. There has to be makers and takers with a mechanism to communicate and arrange the trade. Hence, exchanges.

The BCC difficulty has dropped a lot in the past couple of days, so more coins are moving to exchanges to be dumped.

Apparently the BCC difficulty does retarget differently than BTC, so my previous post about it taking 1100 block was wrong, as I assumed it would be like BTC.

https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e

I think that's the high score so far. My loss is only $1.3k, $430k would be life destroying.

Hands up who doesn't think it's right that the US FBI interferes with legitimate foreign crypto traders.

I think the FBI were completely out of line seizing the btc-e.com domain, making it hard for traders to get updates on what it going on.

It's a classic example of the laziness of the bureau, taking down the entire exchange instead of chasing down the people that have allegedly committed crimes against the US. It is not illegal to run a crypto exchange or trade on one.

How about read the thread first before posting?

You would learn that BTC-e have said the Vinnik, the person that was arrested in Greece was not and admin or employee of BTC-e.

You would also learn the the FBI seized the BTC-e servers, that's why they are offline.

Their bank accounts have been seized.

Their crypto wallets are all safe and they a looking into getting them back online before the end of the month.

Seen this happen with lots of alt-coins over the years, FTC was a classic example.

They should have altered the code to adjust the difficulty in the BCC node client software, or delayed the fork to take effect a few blocks before the next BTC scheduled difficulty adjustment.

The BCC devs knew this would happen, when you fork the BTC chain it starts at the BTC  difficulty at the time of the fork, not back to BTC genesis block difficulty.

Over 1,100 blocks to mine before the next scheduled difficulty adjustment.

Lots of miners will get bored waiting and go back to BTC making the problem worse.

They might have to push out an updated BCC client to speed things along.

You can't convert crypto into fiat. You can trade one for the other with someone but you cant convert them, it's not alchemy, it's just a change of ownership. Exchanges like BTC-e have bank accounts which people transfer by wire and other means funds into to purchase BTC-e "casino tokens" called USD/RUR/EUR which they can gamble and trade with other BTC-e users for fiat or crypto tokens, coins are not changing hands, only an IOU is changing hands in the BTC-e database. The bank account balance doesn't change for those trades, it only changes when people cash out their IOU or make a new deposit, or when BTC-e take their fees out, so the balance should be high unless seized. Same goes for their crypto wallets.

Polo don't seem to have the technical staff to play at the level they are aiming for.
Way too many issues with support tickets not being answered, deposits/withdrawls not going through, handling network problems without proper progress reports etc.

They were ok when they had about 1/3rd. of the volume they have now, then they lost the plot as they grew, now they have exceeded there level of competence, which is sad.

Poloniex is up and down like a yo-yo, it's hopeless to get anything done on it.

Nothing really to do with BTC-e, I would imaging it's political roundup of suspected Russian hackers to help justify the recent US sanctions.

Polo still seems flaky, up and down.

No, because they said there were communications problems on there twitter announcement.

Also their API backend is down, I use that to chart several coin pairs, and it's not responding.
Normally when the API goes down you can still get to the website and check your balances etc.
This time, both are down.

Not a good week for exchanges!

For sure, people with coin in their own wallets will be itching to sell asap which will crash the price.
I think it will take many weeks for the true BCC price discovery to happen.

BCC has about 15% of the BTC hash rate atm. if I read the stats properly, 33 blocks per day, over 1100 blocks until the difficulty adjusts. That's like 5weeks.

Fascinating, exmo.com has some of the coins that BTC-e had but not all, and it's got ZEC which is another good valeu dark coin like DASH for privacy.