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Author Topic: Kraken.com's horror story, my 6.6 Bitcoins held over 7 weeks for no reason  (Read 654 times)
Ukuhudu (OP)
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December 09, 2015, 11:52:05 AM
Last edit: December 10, 2015, 05:43:03 AM by Ukuhudu
 #1

The issue Have been resolve thanks to Jesse Powell and you guys for the help and support,
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 09, 2015, 01:35:18 PM
 #2

Sounds like to me theyre gonna end up keeping your btc. Only thing you can do is try to resend clearer images of the documents they requested and hopefully its verified next time.

Sorry if you end up being screwed

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December 10, 2015, 03:30:12 AM
 #3

Would like to see some response from Kraken. I don't like when any exchange holds people's money to ransom or turn police. What are they investigating?

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December 10, 2015, 05:46:51 AM
 #4

All turned out well... But that 7 weeks of waiting was completely unnecessary.

Kraken should offer at least some kind of compensation for you.
james.lent
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December 10, 2015, 05:47:16 AM
 #5

Would like to see some response from Kraken. I don't like when any exchange holds people's money to ransom or turn police. What are they investigating?
The issue Have been resolve thanks to Jesse Powell and you guys for the help and support,

Glad to see that Jesse stepped in and resolved this issue.
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December 13, 2015, 03:35:57 PM
 #6

I am not suprised it turn out well.  I've never had problem with kraken. In the land of bitcoin services, they have the fastest support I've ever sene.
But yes 7 weeks passed to fix such a simple problem, that is unaccepted. So i can't blame you for making such a thread.

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