Do you have any comment about why you are using KYC to with-hold customer withdrawals? You should let your users who do not pass newly-implemented KYC requests withdrawal their coins while still not allowing them to trade. That seems only fair.

There is a flood of evidence that suggests you are engaging in this behavior on a widespread level, and that it is not isolated to one or two vocal users.

https://www.reddit.com/r/CryptoCurrencyTrading/comments/b2w8d6/tradesatoshi_accounts_blocking_beware/
https://twitter.com/Pickozero07/status/1109705816574054400
https://twitter.com/andyworld110/status/1105417339263242240
https://twitter.com/ELREYDELKAOS666/status/1104522072737361923
https://twitter.com/periclesp90/status/1102828383971540992

Please explain the actions of your exchange.

Well we could try giving more, bigger guns to more crazy extremists and see how that plays out.

I'm just not on board with the idea that gun control = government tyranny and loss of liberty. The U.S. military could crush any militia no matter how well armed. I think Waco and the handful of other militia-led incidents in the past 30 years pretty much proved this. But as mentioned earlier, I strongly believe this isn't going to effect U.S. gun laws, largely because of the NRA. There's no such equivalent in New Zealand. Regardless, New Zealand still has a comparatively large proportion of gun owners; nobody's taking their guns away either, they're just saying you can't have the really big and fast guns. Seems smart IMHO.

I know I asked you for screenshots earlier -- you posted a good deal of evidence in this thread. I'm going to give them one chance to explain themselves before issuing a red tag... Its the only thing we can do to discourage others from depositing on their site. As far as getting your money back is concerned -- there isn't a whole lot to be done, unfortunately 

Your answer has already been provided:



The decision to ban has nothing to do with Lauda's tag, but I do agree with you that more established accounts that get banned should have some sort of extra review process, which is what we are doing here, I suppose. You will need to appeal to a global moderator or theymos for further explanation.

OK I have to edit my edit.

Gemini was only approved by the New York Department of Financial Services.

https://gemini.com/about/

CBOE is SEC approved.

https://www.sec.gov/fast-answers/divisionsmarketregmrexchangesshtml.html

Were you one of the people whose accounts were frozen because of KYC? If you can post some screenshots or send me links to them, I will look into opening a scam accusation against them tomorrow or the next day (I'm a bit busy today). Then we can get the OP and promoter accounts red tagged. Try to start collecting evidence and post it here, I'll look at it tomorrow.

I don't understand why people are still doing business with this exchange. They've been having problems with their customers for almost a year now. After the "fire" incident it became clear they were a scam exchange. Its frankly unbelievable they are still operating given all the evidence that points to them being a scam.

https://bitcointalk.org/index.php?topic=4612714

Use one of the dozens of exchanges that doesn't have raging scam accusations against it -- there's absolutely no reason to use this one.

Bitwise is indeed wise, because they are using this report to prop up the case for approval of their own Bitcoin ETF, which will take spot prices from the exchanges deemed non-manipulative to calculate their ETF price.

https://www.coindesk.com/bitcoin-futures-volume-is-more-significant-than-you-think-bitwise-says

From what I read in the SEC denial of the Gemini Trust ETF, this may not be enough to guarantee approval, though, as it sounds like they wanted some sort of fraud monitoring agreements with other SEC-approved exchanges, and I'm not sure there are any...

Edit: there's at least a couple of SEC-approved exchanges, Gemini and CBOE

Not the email address itself but the cock.li host -- I can't find the connection, however.. it was just insinuated. Apparently its also used by 8chan.

It looks like people are genuinely upset over being locked out of their accounts after KYC was suddenly sprung upon them. An exchange can't with-hold peoples' coins just because they didn't pass a newly-implemented KYC system. That sounds like fraud. The only thing they can do is not allowed them to trade anymore. Not allowing them to withdrawal? That seems criminal.

Also, making cartoons that suggest KYC is cool is pretty lame. So is insinuating that people who don't upload ID are 'ashamed of their origins.'

Supposedly its so he can sign messages from them and then say, "Look, I must be Satoshi!" Here's an archive of the original thread:

https://archive.is/vLfEx

Somehow Twitter connected the cock.li email address to him, I dunno, he must have used that email service in the past or something.

I strongly suspect this project of being a scam because of tactics they use to promote it, but you'll have to post some evidence as to how you directly got cheated by them... Making another account to bump your thread isn't enough.

Can you post a few more links to screenshots that show your involvement with them?

Also, links to the websites or ANN threads of previous scams you think are connected would help a lot too.

Yes, when you are explaining it to somebody who doesn't know how to read the blockchain, or doesn't care... If you can directly link the bitcoins to the dodgy source, its game over.. If you put them through a blender you'd stand a better chance.

The point is relatively few people use BCH, and far less use BSV. "Dynamics" = nothing to help your cause. "Potential" = your shitcoiner hopes and dreams.

I don't care for this guy. He always has something subliminally douchey to say about bitcoin, which is what I suspect his readers want to hear.


Well I guess you answered that one for us, Billy Boy.

The real journalistic crime is associating Bitconnect with bitcoin, like they are the same thing, or even in the same category.

This is a unique case so I took some time to look into it.

It would appear that the "merit abuse" part has to do with these 4 accounts:

steve_rogers (banned)
timoshani
nastyabor (banned)
dimplit (banned)

sending a total of 10 merit to this account:

AsrRustam (banned)

Here is what the sent merit network looks like:



Its impossible for me to tell whether the posts you merited were of any value because they are all deleted.
I know merits are for the most part subjective, so you will need explicit comment from theymos or else whoever did the banning in order to know more.

Well, I don't know who else would pay that much for an empty wallet... Seems like a bit of a dumb plan, though. Archived in case the post is deleted.

It would appear his actual Facebook is this one:

https://www.facebook.com/iggikv

as it is listed next to his name on this page:

https://en.bitcoinwiki.org/wiki/SKYFchain

He's an "ICO Advisor" for this project, and the page was created in Nov 2018.

There's a slight possibility that the scammer's Facebook profile was put in there, but I highly doubt it.

ICObench may be corrupt but they're not that stupid.

We don't even know what you're proposing because you won't tell anybody, unless they are a "serious investor." How can somebody even consider being a serious investor if they don't know what they are investing in?

Well that ended pretty quickly:

https://bitcointalk.org/index.php?topic=5123782.0

You were no longer seeking loans for 1 month for 1 day.


I would say 3,000 - 5,000 euros definitely counts as "bigger."