[2015-08-25] Bitcoin Exchange Based in Australia Halts Trading

[tyz]

A bitcoin exchange based in Australia called Igot Pty. Ltd. has halted trading on its platform, with clients complaining that they have been unable to withdraw their funds. As of this writing, igot has ceased responding to communications or support tickets.

http://www.newsbtc.com/2015/08/25/bitcoin-exchange-based-in-australia-halts-trading/

[maku]

Another MtGox type of exchange? They went bankrupt or what? Ceasing support and neglecting your customers is the major indicator that this Exchange is done for.
Even if they resume activity I doubt they will be considered viable anymore. So sad that bitcoin is plagued by this kind of bullshit.

[RustyNomad]

The writing is on the wall the moment you start hearing about people having difficulty to withdraw funds.

That is usually what sets off the first alarm bells.

This is not good news for bitcoin. Bitcoin needs to build trust and these companies are screwing it up.