Not to be mean, but this is what you get with centralised currencies. If they behave like this and promise it will be decentralised in the future I can't really imagine them sticking to that promise. This behaviour clearly indicites they like control, else they would be more easy going and letting the code play out what happens in the system and try to fix that code instead of acting like a central bank.
With a decentralised currency they wouldn't have been able to take your coins hostage as you control your keys or w/e they use on DAG. I'd be pretty mad though if I were you. Its like Cyprus.. but on the internet.
I don't know how much money you have with them. And maybe you should see if there are terms & Conditions you agree to using their centralised currency, else you might be able to take legal actions against them.
I realize my mistake
thanks for pointing that out though. Didn't thought they are actually centralized and have the control over funds.
Will never invest again in a coin which status in unclear about that.
And I am mad as hell, you wouldn't believe, even don't care anymore if I eventually let the price dip.
My iota are worth 18K usd right now... definitely gonna take legal steps against them if they won't answere me in the next days.