[edited out]
"Solvency" sounds funny when their banking relations are top secret (if they still have any), and they rely on that tether thing with funny clauses sounding as the opposite of solvency.
I will agree with you that the contractual clause of "no guarantee" for backing seems kind of funny, but it seems that they are doing this in the crypto world to protect themselves, and maybe that is why they kicked out the Americans because those kind of clauses are too wild, wild west in terms of actual legal financial responsibility under any kind of meaningful traditional financial system.
I recommend a couple of articles on medium by @bitfinexed.
Yeah, if I want to waste my time in conspiracies.
For me, they actually scammed me when they "got hacked" and monetized the theft (!) after falsely assuring their clients that their wallets were in cold storage (!), so I am out of there since then,
You can come up with better arguments than that, no? O..k. sure there were some questions about whether they really got hacked and then there were questions regarding how they reimbursed.. fine.. but there is no real evidence regarding who took the coins, yet, right?
but since apparently it's full of people looking to be goxxed twice or more by the same entity they're going on.
I understand what you are saying and surely gox played out differently yet this does not seem to be rising to the level of GOX, in terms of GOX had been refusing to send money to folks for months and months.. so seems a bit different.
And given such questionable reputation the fact that they are now the biggest exchange smells to me like some kind of fakery.
Perhaps there could be some fake trade volume, because they did go back to their previous trade volumes and they added products too and they "paid back" their BFX coins... so people forget, that is correct. Bitcoin (and crypto) is an expanding industry of user base and even if they lose some of their old clients, if they can seem legit, they seem to be getting plenty of coin (that is actual coin).
BTW it takes no balls at all to kick out US customers. Quite the contrary.
Sure it cuts both ways to lose the money that was deposited - but to be free of USA governmental overreach... but I think that kicking out the USA capital supports a degree of legitimacy more than it supports scam.... but it is not a big deal if our opinions differ about this part.
Poll
