LBC selectively scams

[nomadcrypto]

I have personally had them holding 0.2btc of mine for a very long time(2+ years) and i have a good friend who has 11btc being held by them right now. When they stole my coin they randomly put my account on forced holiday and demanded that I send them my identification. When asked why they would never respond to the question. They would simply say that ID will be required to unlock my account. At the time it was only about $60. When they locked up my friend's account the btc/usd exchange rate was roughly $950. He has sent ID and done everything they requested. I on the otherhand told them that my privacy is worth more than $60 and they can simply go fuck themselves. Now that it is almost $1200 im starting to get pissed. If you look their forums you will see an increased amount of these posts.

Anyone still depositing at LBC is asking for, at the very least, a huge hassle. Before you come in and start saying "I've traded there for x years without a problem" you should look at the accounts getting locked. It is new accounts not aged ones for the most part. They give these guys an epic run around until they simply give up on getting their coin back.

[Slow death]

Anyone still depositing at LBC is asking for, at the very least, a huge hassle.

They are incredible, I've read many stories of deep weeb scammers who say they steal lots of bitcoins and sell on LBC and LBC instead of worrying about finding those scammers is creating problems for other people

I on the otherhand told them that my privacy is worth more than $60 and they can simply go fuck themselves. Now that it is almost $1200 im starting to get pissed.

you must give them your ID or report your case to the police or hire a lawyer to help you with your problem, in case if you do not deliver your ID will cost you more expensive

[warningsigns]

This is the price to pay when trading on an exchange which sets rules arbitrarily and with no room for flexibility.

I value the fact that two local traders exist in my country and they are easy to trade with. No IDs etc and lots of safe payment options. Knowing them for years adds peace of mind.

Of course a bitcoin debit card is still my first preference but absent a solid and reliable card provider, I'd rather not take my chances with cross-border online trades. It's difficult when you don't have recourse to a quick way of resolving issues, especially those involving petty amounts which scammers know are hard to litigate or prosecute. Police and prosecutors are reluctant to work with their international counterparts to apprehend scammers stealing petty amounts.

Unless you provide ID, LBC will stubbornly refuse to unlock the account. Being on Finnish (and EU) soil, they know it will be a challenge for you to even attempt to fight their ID requirements. The EU is just as ID paranoid as the US and it's unlikely you will see your account unlocked unless you give them what they want.

The epic run around is not new. Sad yes but this is now common procedure among exchanges. "Make 'em jump through hoops" as they say.

[nomadcrypto]

My friend is getting an attorney and I am setting back 0.2btc to match what was stolen. When btc hits ~100k I will use that 0.2btc to collect information on lbc admins as well as start a massive campain to shit on their name. I lurk on their forum and I see that this is starting to increase at a fairly rapid rate. Such a rapid rate that I'm actively gathering LBC admin dox info.