[LTC-GLOBAL] Litecoin Silver [Shutting Down]

[SaltySpitoon]

Updated with Litecoin Global's shutdown news.

[1714792674]

1714792674

[digit]

So it is definitely shutting down, not migrating to another exchange?

[SaltySpitoon]

So it is definitely shutting down, not migrating to another exchange?

I'm shutting down for now. I may migrate to another exchange, but I'd rather settle everyone's shares first and reissue later. I'd rather not BFL my share holders and give them an estimate time frame that I have no basis off of. It could be a day, or it could be 3 months before I find another suitable exchange. I refuse to string along my share holders by having them deal with my own uncertainty.

So, the plan is to lock the asset trading tomorrow, use the next 7 days to get in touch with my share holders to figure out what they wish to do with their shares, and then have everything concluded before Trading is halted indefinately on the 7th. When I find a suitable exchange, I'll just restart the asset fresh.

[digit]

Any updates?

[SaltySpitoon]

Heh, well this is the final update I suppose. Although the fund's silver hasn't sold I'm just going to send out the LTC owed, and hope that the silver sells shortly. Transfering in the BTC to BTC-E to get some LTC to pay out the share holders. Everything should be settled today.



All share holders have had their shares settled. Thanks for your support, twas a pleasure to have worked with all that participated.

[digit]

Thanks Salty
added some trust