In case people are missing it. Ken is NOT suggesting you liquidate on BF and move. He is creating an option for interested parties in the US to purchase shares.
Holy fuck guys. CHILL THE FUCK OUT. Read the full bitfunder notice. Your shares will be fine. Ken will come up with a solution before the first. This is an example of how retarded some Americans are. A lot of idiots lost money on this one.
Important Notice (October 8th, 2013):
Please be advised that BitFunder is implementing the following rules and procedures:
As of October 8th, 2013, BitFunder will not accept new registrations from any United States persons or entities. All new registrants must supply the information required to obtain "Verified" status on their linked WeExchange account. BitFunder may, in its sole direction, decline to accept any new registrations.
As of October 8th, 2013, all current BitFunder users who are located in the United States or are determined to be United States persons or entities will not be able to enter into any new positions on the Bitfunder website, and, as of November 1, 2013, such users will also not be allowed to sell positions on the BitFunder website.
All current BitFunder users who are not United States persons or entities must supply the information required to obtain "Verified" status on their linked WeExchange account before November 1, 2013. Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website as of November 1, 2013.
Users will be able to withdraw holdings and Bitcoins from their BitFunder accounts before and after November 1, 2013.
All assets and issuers must demonstrate that they meet BitFunder's requirements for the listing of assets, or the assets and issuers will, at BitFunder's sole discretion, be denied access to, or removed from, the site. Issuers will be notified of any additional information needed to demonstrate compliance with BitFunder's requirements.
BitFunder appreciates your understanding in these matters as we move forward.
Sincerely,
BitFunder
Supplemental Notice (October 11, 2013)
As of October 8, 2013, BitFunder is not assessing any new fees against any user BitFunder knows to be a U.S. person and whose account will be restricted in accordance with BitFunder's October 8, 2013 notice.
Users who are U.S. persons or users who fail for any reason to provide the information necessary to obtain "Verified" status are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.
As of December 2, 2013, BitFunder will initiate a transfer from the BitFunder site to the respective issuer(s) of any remaining shares held by any users that BitFunder knows to be U.S. persons or who did not obtain "Verified" status by December 1, 2013, and will provide the issuer(s) with the public bitcoin address associated with the user account. After transfer, each user will need to work with the issuer(s) with respect to the future treatment of the shares.
On December 2, 2013, all bitcoin balances in the accounts of users that BitFunder knows to be U.S. persons and users that did not obtain "Verified" status by December 1 will be transferred to their linked WeExchange accounts.