Bitfinex - FRAUD, price manipulation, fake transactions

[mayax]

I am keep saying that Bitfinex is doesn't have any financial license and that they operate a criminal company and the TheQuin is responding that they don't need one.  

All the licensed exchangers are idiots and TheQuin & Bitfinex are the smart ones...

No, I said they don't need those licenses because they either don't have a physical presence in that jurisdiction or in the case of BVI don't need one because they are not trading equities, commodities or forex.

Of course, you already know that because you were unwilling to answer the questions I left you about AvaTrade.

For Mr shill TheQuin :

Japan’s Financial Services Agency (FSA) has issued its first warning under the country’s revised payment services law – which recognizes bitcoin as a legal method of payment – to Macau-based Blockchain Laboratory, an unregistered firm reportedly pursuing investors in the country.

https://www.ccn.com/japanese-regulator-warns-unregistered-macau-based-crypto-operator/

Bitfinex is unlicensed in Japan as it's in any other country. Bitfinex accepts clients from Japan even they don't have any license for that.

Again, you talk non-senses... 

[1714653622]

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[TheQuin]

The relevant bit:

reportedly pursuing investors in the country.

Are Bitfinex doing that? If you actually read the story you would see it is about raising funds via an ICO not operating an exchange.

The next relevant bit:

Revised in April 2017, the new payment services law prohibits unregistered cryptocurrency exchanges from operating in the country. Exceptions are made to exchanges operating before the updated legislation.

Operating in means have a physical presence in, not having customers in. How many times do I have to explain that to you? Even if an exchange did have an office in Japan they would be OK because of the exception.

[mayax]

Tether prints $300,000,000 and Bitcoin jumps nearly $1000 in less than 30 minutes

https://imgur.com/SCxxxEj


"Institutional Investors" are going to send $300 million dollars to a company:    LOL

1. Not once completed an audit they promised.
2. Lied about association with Bitfinex.
3. Founded by a ponzi scammer.
4. CFO thought about committing fraud several times.
5. Under CFTC investigation.

[TheQuin]

"Institutional Investors" are going to send $300 million dollars to a company:    LOL

Exactly, they wouldn't, so they must be sure that Tether is totally above board.

[mayax]

"Institutional Investors" are going to send $300 million dollars to a company:    LOL

Exactly, they wouldn't, so they must be sure that Tether is totally above board.

by generating funds from thin air just to pump BTC. this is called fraud, market manipulation, issuing securities and so on ....

Bitfinex are criminals.

[Quickseller]

"Institutional Investors" are going to send $300 million dollars to a company:    LOL

Exactly, they wouldn't, so they must be sure that Tether is totally above board.

It has been long established that many of the tether “prints” is bitfinex processing customer USDT withdrawals.

Bitmex also published a research report about a month ago concluding bitfinex likely has bank accounts in PR and that tether is iargely used for financial speculation.

[mayax]

Japan, Germany and many other countries requires a license for trading digital currencies like BTC.

Sometimes you can actually get something half right, but unfortunately, the other half defeats you.

Another pertinent question you didn't answer.

You gave Japan as an example of where Bitfinex is breaking the law. Where does Japanese law state that?

Does Bitfex own a Japan or EU financial license? I don't see it

It doesn't need one.

Unlike the US they don't consider licenses to be required of companies operating in foreign countries just because some of their citizens may use the service.

From all you are saying is that Bitfinex don't need any financial license anywhere.  Right?

At the moment it would be only the US and even that is dubious due to the fact that the regulators reinterpreted the existing laws after the fact. That being said the US justice system is a conviction machine and they will always win in their own courts so it is possible that a few crypto exchanges may get a fine. With the BTC-e example, it is the money laundering that is the serious issue.

"You gave Japan as an example of where Bitfinex is breaking the law. Where does Japanese law state that?"

TheQuin, another example that you know nothing about regulations :

https://www.reuters.com/article/us-crypto-currencies-japan/japan-to-warn-hong-kong-based-cryptocurrency-exchange-binance-source-idUSKBN1GY1BK?__twitter_impression=true

[TheQuin]

"You gave Japan as an example of where Bitfinex is breaking the law. Where does Japanese law state that?"

TheQuin, another example that you know nothing about regulations :

https://www.reuters.com/article/us-crypto-currencies-japan/japan-to-warn-hong-kong-based-cryptocurrency-exchange-binance-source-idUSKBN1GY1BK?__twitter_impression=true

https://thenextweb.com/hardfork/2018/03/22/binance-cryptocurrency-japan-operation/

Contrary to reports from Japanese news outlet Nikkei, Binance has denied rumors that Japan’s Financial Services Authority (JFSA) is planning to issue a warning requiring the cryptocurrency exchange desk to shut down its operation in the country.

Earlier today, Nikkei reported that the JFSA will likely deliver a shutdown warning to Binance in the coming days or weeks. The purported reason for the penalty was that the cryptocurrency exchange desk – which has several employees in Japan – has reportedly been operating without government approval, according to the local outlet.

Again, operating in Japan, unlike Bitfinex.

[dimitriaustralia]

90-99% of all the Bitcoin is owned by 1% of all the users.
Bitcoin is an improvement to the monetary system only in efficiency. The main issue of the previous fiat currencies is more abundant in Bitcoin which is the concentration of the elites wealth making all other users slaves for the system.
Fair distribution and manipulation proof are the most important elements needed.
Also note the volatility as a way they increase their holdings through manipulation.
The entire crypto shere has been infiltrated not only bitcoin.

www.bitcoinb.io

Get involved and help expose the manipulation!

[dougm2]

THESE FUCKING CUNTS HAVE MADE ME WAIT OVER 6 MONTHS SO FAR, JUST TO GET VERIFIED!!!!!
THEY IGNORE EMAILS!!! THEY SEND YOU AN EMAIL WHEN THEY FEEL LIKE IT!!! MOTHER FUCKING PIECES OF SHIT!!!!!
DON'T SPEND YOUR MONEY HERE!!!!!
YOU WILL REGRET IT!!!!!

[mayax]

THESE FUCKING CUNTS HAVE MADE ME WAIT OVER 6 MONTHS SO FAR, JUST TO GET VERIFIED!!!!!
THEY IGNORE EMAILS!!! THEY SEND YOU AN EMAIL WHEN THEY FEEL LIKE IT!!! MOTHER FUCKING PIECES OF SHIT!!!!!
DON'T SPEND YOUR MONEY HERE!!!!!
YOU WILL REGRET IT!!!!!

there are many sheep who will not listen.