I am having over 1m on Bitfinex - all USD. What can we do to stop them? It doesn't feel right that they can take our USD and purchase BTC with it to compensate other customers. These amateurs shouldn't be the one making this call. It should be a court. Which legal actions can we initiate?
If u have that sort of money, you can afford to go straight to lawyer and litigate.
Chumps like me will have to rely on government financial authority bodies, and/or class action lawsuits.....
.....but actually, if what Bitfinex are doing is theft, then theft is a crime, and that could involve the police............
International nature of the business makes things complicated though.
Ultimately, I am at as much of a loss (in terms of how to approach this situation) as you are....guess I shall find out soon enough what channels are available to me though.
EDIT: You may as well file a cyber crime complaint with Hong Kong police here:
https://secure1.info.gov.hk/police/eforms/report_cyber_crime_en.phpThe more of these complaints that the police get, the better. Bitfinex claim that they are working with law enforcement agencies, but if anyone believes a thing that Bitfinex tells them then they have a hole in the head. A big pile of complaints about Bitfinex landing with police departments around the world will make sure that the police become aware of the Bitfinex incident....and if a a couple years down the line, a few Bitfinex guys end up doing time for an 'inside job', it wouldn't surprise me in the slightest.