BTC-e brought their .nz domain back online. Users are logging in, checking their balances, re-setting passwords......and the trollbox is live.
The US government essentially labeled them a criminal money laundering organization, suggesting that any proceeds withdrawn from the exchange could be considered the proceeds of money laundering.This sets up a very interesting case study regarding the fungibility of BTC and other cryptocurrencies (at least the ones offered on BTC-e). If I had to guess, companies like Coinbase and Bitstamp are already working closely with blockchain analysis companies to identify and track BTC-e coins. It's really unclear what might happen, but it seems possible to me that licensed, compliant exchanges might freeze accounts linked to coins withdrawn from BTC-e. Am I crazy to think that?
We are talking about hundreds of thousands of BTC (and quite a lot of LTC, among other coins). If these coins are blacklisted on some exchanges, I imagine a discount would develop for BTC-e coins, since they would be less fungible. But the bigger issue: this raises worrisome questions about fungibility in general as governments become increasingly involved in the cryptocurrency space.
Edit: This thread is about fungibility, not about the prospects for customer refunds, etc...