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

[Esphere.in]

BTC value will drop for sure 

Why do you think that the price would go down just because of one exchange.It is a really hard think to see that an exchange goes down like this,what happens to the coins which are being deposited in the site,i really feel bad for the users as i think all of their coins are stuck with them and it will take a long time to get it back,if they are lucky.

[iluvpie60]

this doesn't say anything specifically about BTC-E. It does say they laundered billions of dollars over the years, but that is probably more likely to be Virwox. That shit is shady as hell and makes no sense. u ever go to that one?

[BitHodler]

this doesn't say anything specifically about BTC-E. It does say they laundered billions of dollars over the years, but that is probably more likely to be Virwox. That shit is shady as hell and makes no sense. u ever go to that one?

It doesn't say anything about BTC-E, that's right, but the absence of their service and the co owner that got arrested on the same day are no longer coincidence.

I am actually surprised and glad at the same time that at least for now, it seems that the servers aren't seized ~ but that's just speculation.

Virwox has been active since 2007, where the recent articles are pointing at a service that started operating in 2011, which matches up perfectly with BTC-E.

[CryptoBoomers]

Flashback for me - BTC-e was the first place I tried trading, I LOVED their order books they were lightning fast and always had volume. After taking a break from crypto and coming back to see all the new exchanges, btc-e's volume definitely dropped a lot compared to back then, so I don't think we're going to see a change in btc price if this does take them offline for good.

[vlom]

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

Are you sure this is the bitmixer operator? I have read rumors that this was the btce owner.

YEP!

https://www.theverge.com/2017/7/26/16035702/btce-arrest-bitcoin-alexander-vinnik-mt-gox-theft-suspect

Greek police have arrested one of the central figures in the Bitcoin exchange BTC-e on suspicion of money laundering. Russian citizen Alexander Vinnik was arrested in Greece at the request of US law enforcement, according to a Reuters report.

The BTC-e exchange has long been a favorite of criminals, as its headquarters in Russia places it outside the reach of US and European law enforcement. Recent Google research found that 95 percent of ransomware cash-outs occurred through the BTC-e exchange, although it’s unclear whether the exchange itself would be liable for those payments.

Those payments have made BTC-e one of the largest bitcoin exchanges, regularly handling more than 3 percent of total Bitcoin transactions. The exchange has been down since Tuesday evening.

[iglasses]

peeps missing the trollbox more than trading on btc-e

[LTU_btc]

Few hours ago BTC-E tweeted about maintenance which can take 5 -10 days. But I don't believe that they will come back. If they won't come back, it means that I lost f**king $2! Never liked this exchange due to their big fees
But I hate to see when popular bitcoin services goes out of business. This year we already lost few leaders in their spheres - firstly Directbet decided to close, few days ago Bitmixer closed service for unclear reasons and now BTC-E owner is arrested and service is down. It looks that everything is temporary in bitcoin world...
But maybe it's too early to say goodbye to btc-e. Let's hope they will come back.

[darkangel11]

I remember when years ago people were asking about them and saying they might flee because nobody knows the owners, they're protecting themselves well for some reason and stuff like that, but they continued to operate and they would have continued had the owner stayed in Russia, especially now when the US announced that Russia is their enemy and was trying to manipulate the elections. Russia would've never given him up to the States and it's the US that requested his arrest, so it was a bad move on his part.
I think they are looking for new, secure servers and will come back.

[flippener]

Scary news. One day things seem fine. Next day you switch on your PC and everything's gone. Crypto is not for the faint-hearted.

[Altcoin Agent]

So what will happen to btc balances on siite? It looks like all funds are gone..

[owlcatz]

So what will happen to btc balances on siite? It looks like all funds are gone..

It's a bit ironic. Gox got goxxed due to btc-e - Now, it's like a reverse goxx'ing....  Scary/sad stuff. Let's see if this guy actually makes it out of the prison - Pretty sure the russian mobsters who "own" this guy won't let him spill much if anything... Time will tell I guess... Not sure how people who do this kind of thing sleep at night, but then again when you are insanely rich you probably feel a bit ahead of the pack.

[Mr.Coin]

BEST case scenario, there servers are broken and getting fixed, VERY unlikely.  Worst case BTC-e is a front for money laundering and such, more than, and hopefully not.  More than likely they're down so the feds can go over they're records.   

[avikz]

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 

I just heard that they tried to run away with approximately 66k bitcoin. It's good that police were able to track them down. But I am sure the legitimate bitcoin owners will never get back their amount and it will be seized by the government to fill up their treasury as unclaimed funds.

It is really a sad news because due to these kind of scammers, the reputation of bitcoin is in danger and general people will think that bitcoin users are mostly scammers because they don't get to look at the bigger pictures.

[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 

I just heard that they tried to run away with approximately 66k bitcoin. It's good that police were able to track them down. But I am sure the legitimate bitcoin owners will never get back their amount and it will be seized by the government to fill up their treasury as unclaimed funds.

It is really a sad news because due to these kind of scammers, the reputation of bitcoin is in danger and general people will think that bitcoin users are mostly scammers because they don't get to look at the bigger pictures.

and it's almost true. 80% from the BTC market is coming from the black market... 

BTC will become a real asset when ALL the exchangers will be regulated(financial license).

[mayax]

this doesn't say anything specifically about BTC-E. It does say they laundered billions of dollars over the years, but that is probably more likely to be Virwox. That shit is shady as hell and makes no sense. u ever go to that one?

http://www.dailythess.gr/h-megali-klopi-bitcoins-dark-web-ke-chlidati-zoi-tou-rosou-pou-entopise-fbi-sti-chalkidiki/


IT'S ABOUT BTC-E, wake up !

[George5]

So what will happen to btc balances on siite? It looks like all funds are gone..

It's a bit ironic. Gox got goxxed due to btc-e - Now, it's like a reverse goxx'ing....  Scary/sad stuff. Let's see if this guy actually makes it out of the prison - Pretty sure the russian mobsters who "own" this guy won't let him spill much if anything... Time will tell I guess... Not sure how people who do this kind of thing sleep at night, but then again when you are insanely rich you probably feel a bit ahead of the pack.

Gox hacked by btc-e admins sounds almost as trustworthy as Americans landing on the moon:)

[jak3]

omg, i didn't expect to be this far. I have never believed anyone who says anything about a good exchange and this exchange was one from some good Bitcoin exchanges which have very high amount of trading money rolling in them. people sometimes even forget that they have money in this exchange and after a year when they visit this exchange the money was still there. I literally being inspired by this exchange and now it is gone.

[shield132]

Did fbi become crazy these days? They closed alphabay and hansa, not only these one, btc-e also. (probably this as op says but still can't understand, is arrested man owner lf btc-e or bitmixet or both together? Very, very strange facts at the same time).
Directbet, bitmixer, alphabay, btc-e (problems) what the hell is happening? Why are leaders leaving their places? seems bad

[dennyd999]

This is ridiculous. The Americans have detained a Russian citizen in Greece, for running a Bitcoin operation from Bulgaria. Now they want him deported to the United States. WTF? Why the Americans can't mind their own business.

Exactly!!
WTF is going?? They need first to solve problems inside their country.
Fuck Yankees.

Alphabay,Hansa now BTCE .

Why they decide for everyone???

[badge101]

This is ridiculous. The Americans have detained a Russian citizen in Greece, for running a Bitcoin operation from Bulgaria. Now they want him deported to the United States. WTF? Why the Americans can't mind their own business.

Exactly!!
WTF is going?? They need first to solve problems inside their country.
Fuck Yankees.

Alphabay,Hansa now BTCE .

Why they decide for everyone???

Because btc-e had many American users