It seems that this thread has become attention of many people which raises a variety of pros and cons. I myself have not found a clear reason why site acts like that and where did @degen1 get money. I think this is one of fairlay efforts to eradicate money laundering, I am sure third party intended by @degen1 has informed them that the address owned by @degen1 is suspicious and is involved in a crime case. Well, I think fairlay only want to do their best and avoid money laundering. The following is clarification from their support team, so there is no longer any reason that fairlay is suspending @degen1 money because they have returned it now.
We'd like to publish the following update on the degen1 case for anyone interested:
Decision has be made to return the roughly 100K USD deposit of degen1 to the address it was sent from. Degen1 could not rebut our presumption that the funds are of questionable origin. We therefore decided to reject his deposit and close his account permanently. Degen1 is not allowed to use our site again. The address his deposit is returned to belongs to an exchange.
All involved parties have been notified that the transaction will be released to the Bitcoin network on September 20th giving everyone time to make necessary preparations.
They did not actually send back the bitcoin yet as they said they would. Also sending back to the exchange would not guarantee a return of funds to me. This would be like if I sent an envelope of cash to a bank branch that I knew you took cash out from.
