BTC-e.com down ! Police detains the owner .

[mayax]

BTC-e shit is down     LOL  

I warned about BTC-e(and many like them) since years ago...    

https://www.reuters.com/article/us-greece-russia-arrest-idUSKBN1AB1OP

https://www.reuters.com/article/us-greece-russia-arrest-suspect-idUSKBN1AB1VR


BTC value will drop for sure 

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[dennyd999]

I was expecting this after FBI busted Alphabay and than Hansamarkt.

obviously russian+international mobs was those who operate and controlle Alphabay and BTC E too.

It is a dot and answer to federals.

The owner of BTC E live is in danger.
As mobs killed Alexander Caze in Thai prison mobs can kill the owner in greece prison. So they can not to investigate further.

Every action has it consequences.

FBI took Alphabay down,mobs took exchange money as they do not have profit from Alpha now.
Circle closed.
Federals dont fucking understand and ruin balance with their dirty hands in ecosystem.
And now we pay for their shit too.

P.S. I still remember the "succsesfull" FBI/DEA operation when they confiscated 20 000 tons of sasafrol oil in africa. Precursor to "exstasy"
After such "success" europe was full with deadly Pmma(dangerous analog of ecstasy) for 5 years with hundreds of death and injuries.


For me was absolutely ok if 40 000 people(total Alphabay active members) from 7 500 000 000 humans in world choose to take drugs. They was absolutely free to make with their body and mind what they want. They are free to chose.

I am not for drugs,I am for freedom  and responsibility of individuals.

DEA old school veterans must retire soon.

[onlyforthisaccount]

They jacked my money recently so I wouldn't be surprised if they are getting ready to Gox everyone else.  Hope to god they come back and everyones cash is safe.  Really nobody needs this right now.

https://bitcointalk.org/index.php?topic=2040510.new#new

[CryptoBry]

"Greek police arrested a Russian man suspected of running a money laundering operation involving turning $4 billion from illicit business activities into the digital currency bitcoin."

Wow, what a big operation! I am sure he was able to swindled a lot of people of their money and laundered it to make it look legit. Now, the arms of the law has already caught him and he has no more escape.

This should be serving a big warning to all scammers and hackers. Alas, scammers/hackers are beyond being warned as the smell of money is so strong for them.

[RoommateAgreement]

i don't get it!
this has NOTHING to do with btc-e!!!

someone arrested some criminal in some unrelated country (Russia) and you say it is btc-e owner related.

BTC-E is not even a Russian exchange

[onlyforthisaccount]

i don't get it!
this has NOTHING to do with btc-e!!!

someone arrested some criminal in some unrelated country (Russia) and you say it is btc-e owner related.

BTC-E is not even a Russian exchange

Russian wanted in US caught in Greece for money laundering
By THE ASSOCIATED PRESS THESSALONIKI, Greece — Jul 26, 2017, 6:38 AM ET
Email
Greek authorities say they have arrested a Russian man wanted in the United States on suspicion of masterminding a money laundering operation involving at least $4 billion through bitcoin transactions.

Police said Wednesday they arrested the 38-year-old, who has not been officially named, the previous morning in northern Greece in cooperation with US authorities, and seized electronic equipment from his hotel room.

The man has been accused of laundering an estimated $4 billion since 2011 by using the online bitcoin currency. Greek police said he had been directing a criminal organization that owns, operates and manages "one of the largest cybercrime websites in the world."


http://abcnews.go.com/International/wireStory/russian-wanted-us-caught-greece-money-laundering-48855299

[mayax]

i don't get it!
this has NOTHING to do with btc-e!!!

someone arrested some criminal in some unrelated country (Russia) and you say it is btc-e owner related.

BTC-E is not even a Russian exchange

BTC-E owners(one of them is Alexander Vinnik) are from Russia. Alexander Vinnik is the one in cause.

 BTC-e is down and I think the users(stupid ones who use this shit website without any financial license) will lose the funds.

[Kprawn]

This makes no sense at all ---> " Greek police said he had been directing a criminal organization that owns, operates and

manages "one of the largest cybercrime websites in the world."  Are they saying BTC-e was a cybercrime site? This is one

of the reasons why I do not use unregulated exchanges. Yes, the KYC/AML regulations are a pain in the ass, but you know

that someone is looking over their shoulder, to see if they are managing your money by the book. I hate using them, but to

convert to Fiat, you have to. 

[onlyforthisaccount]

As soon as he was arrested I'm thinking a doomsday switch was turned on because 66,000 Bitcoins out of cold storage.  And while BTC-E is "down", some $169M bitcoin fortune is on it's laundering way via hundreds of wallets, cur pos:https://blockchain.info/address/1KA9Z7n6kBJMosZVP4AZprzUTEw6KchJtP … pic.twitter.com/gjknwI33G7

[samuraijin]

I think the trading site is so old and trusted that so many people are on that trading site, I see this case not once and very often so it seems there is no problem for it just in the care

[HeRetiK]

While very likely it's not yet confirmed that the arrested person is related to btc-e, right? Either way that explains why bitmixer.io decided to close shop. Holey moley, talk about crackdown...

[RoommateAgreement]

i don't get it!
this has NOTHING to do with btc-e!!!

someone arrested some criminal in some unrelated country (Russia) and you say it is btc-e owner related.

BTC-E is not even a Russian exchange

BTC-E owners(one of them is Alexander Vinnik) are from Russia. Alexander Vinnik is the one in cause.

 BTC-e is down and I think the users(stupid ones who use this shit website without any financial license) will lose the funds.

thanks the article makes sense if what you said is true, but i am still very skeptical because i can not find anything on the internet saying "Alexander Vinnik" is the owner of btc-e and i have searched before for finding information on them and i did it again with this name and nothing came up!

p.s i hope the last part of your comment is not true. it is the oldest exchange that is standing to this day.

[dothebeats]

While very likely it's not yet confirmed that the arrested person is related to btc-e, right? Either way that explains why bitmixer.io decided to close shop. Holey moley, talk about crackdown...

The arrested individual is Alexander Vinnik, one of the owners of BTC-e, and you can read it here if the above link isn't enough.

The thing with unregulated exchanges is it's always a hot target for the feds. It delivers great service to traders who doesn't want to submit to the invasive KYC process but the downside is the owners can fuck you up anytime they wanted to go batshit crazy asshats.

---

Kinda cringed on "cybercrime website(s)" though. Users have been warned of this exchange since late 2014 but their loss, I guess.

[Open4lies]

I feeling lucky in past week decisive not send my Bitcoin to BTC-e for replace Bittrex. Just by some friend tell me BTC-e is best safe place when have HardFork and can exchange to BTC-e code with high price made me interesting with it

[Lutpin]

While very likely it's not yet confirmed that the arrested person is related to btc-e, right?

IIRC the owners of BTC-e went to great length to keep their identities hidden as well as possible.
All there was known about the co-founders is their first names, Aleksey and Alexander.
With BTC-e being down right now, the timing certainly matches.

[OmegaStarScream]

I can't find anything about the owner of BTC-E (a picture or name) so It could be hard to relate. BTC-E did start on 2011 indeed I believe and Its running by Russians but since the team of BTC-E already announced on Twitter that It's a simple maintenance, It's better to not spread false information's and see how things goes, the tweet was yesterday while this guy got arrested today so It wouldn't make sense to say that they are going to run.
EDIT

IIRC the owners of BTC-e went to great length to keep their identities hidden as well as possible.
All there was known about the co-founders is their first names, Aleksey and Alexander.
With BTC-e being down right now, the timing certainly matches.

You sure about the names? because 'Alexander Vinnik' is the name of the guy who got arrested and you can see it on BBC news or NY times.

[Lutpin]

You sure about the names? because 'Alexander Vinnik' is the name of the guy who got arrested and you can see it on BBC news or NY times.

Nobody really is. Running an unlicensed exchange, it's understandable they prefer to remain anonymous.
The name Alexander pops up a few times when searching for information about the people behind btc-e,
for example in this article on coindesk from 2013: https://www.coindesk.com/btc-e-recent-issues-caused-surge-users/

BTC-e is anything but transparent: it uses third-party banking services to keep its name out of official records. At least one of the banks involved in the process is located in the Czech Republic; the BTC-e site references Bulgaria in its SEO descriptions; the founders, Russian programmers Aleksey and Alexander, honed their skills at the Skolkovo tech park; and the BTC-e managing company is based in Cyprus.

Digiconomist also names "Alexander and Alekey" in their Fraud Risk Assessment - http://digiconomist.net/fraud-risk-assessment-btce

The founders are called Aleksey and Alexander. And gain, little is known about them. Some media managed to talk with them, but they "wouldn't share their surnames". They might be Russian, given that the BTC-e website is also available in Russian, but other than that it's just a guess.

[onlyforthisaccount]

100% they got BTC-e no question about it.  The site is down because all the coins are gone.  Sorry I know it hurts but too many coincidences for it not to be true.  They took 5K from me but I will survive.  Others with more will surely be hurting.

[mayax]

i said for SO many times(you can check my posts) : "by using an unlicensed exchanger, you are exposed to frauds and scams."  

do you think that Coinbase and similar others 5-6 exchangers which have a financial license,  were stupids to spend millions for their licenses? they want to play for a long time without looking behind and having the peace of the mind.
also, they can offer you the peace of the mind because they are insured. why would you use a shit/anonymous exchanger instead? for what?

I always target exchangers like BTC-e, KRaken, Poloniex and others without any license. Mark my words, they will come next.

[unamis76]

As of the time I'm writing this post, BTC-e is not down, neither have I found sources connecting this arrest or the person arrested to BTC-e. That being said, if all this is true, too bad: we've seen similar in the community and we all know what happened.