Bitcoin Forum
December 19, 2018, 04:59:18 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 »  All
  Print  
Author Topic: Status of WEX (World Exchange Services)  (Read 2051 times)
animax1991
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 11, 2018, 04:21:56 AM
 #21

Have we been safu yet ? After the interview ?
1545238758
Hero Member
*
Offline Offline

Posts: 1545238758

View Profile Personal Message (Offline)

Ignore
1545238758
Reply with quote  #2

1545238758
Report to moderator
1545238758
Hero Member
*
Offline Offline

Posts: 1545238758

View Profile Personal Message (Offline)

Ignore
1545238758
Reply with quote  #2

1545238758
Report to moderator
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1545238758
Hero Member
*
Offline Offline

Posts: 1545238758

View Profile Personal Message (Offline)

Ignore
1545238758
Reply with quote  #2

1545238758
Report to moderator
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
August 12, 2018, 09:52:00 AM
 #22

`never be able to prove the legality of her claims.`

Never about getting money back, never gonna happen


its all about the shills and the trolls


Look what coming, all new
 **ICO** Trolled Coin - | Anonymous | Safe | Secure | - [Free Airdrop] 2018


The Trolled




Grin
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
August 12, 2018, 10:26:47 AM
 #23

`never be able to prove the legality of her claims.`

Never about getting money back, never gonna happen


its all about the shills and the trolls


Look what coming, all new
 **ICO** Trolled Coin - | Anonymous | Safe | Secure | - [Free Airdrop] 2018


The Trolled






Did I mention it is SAFE and SECURE

The best Safe and Secure ICO

Remember Trolled Coin SAFE and SECURE   Shocked   Lips sealed Sad Undecided Embarrassed Angry Huh

 Cool

Grin
leea-1334
Sr. Member
****
Offline Offline

Activity: 588
Merit: 264


Revolutionising Marketing and Loyalty


View Profile
August 12, 2018, 12:11:31 PM
 #24

Guys, I think it is time we gave up hope on WEX and on BTC-e. We have already gone through so much problems at both these sites and everything is so unclear from the position of the management who even some are claiming that they have lost control of the management. I know how Singapore law enforcement works also so it will be a matter of time before the offices are investigated, and then we all know what happens to our funds there.

Just keep updated, but do not even deposit anymore funds there until this has cleared up. Go somewhere safer and more legitimate. And never put funds all in one exchange, no matter how attractive the prices are.



                    ▄          ▄                   
                  ▄███▄      ▄███▄                 
                ▄███████▄  ▄███████▄               
              ▄██████████████████████▄             
            ▄██████████████████████████▄           
          ▄████████▀ ██████████ ▀████████▄         
        ▄████████▀ ▄████████████▄ ▀████████▄       
      ▄████████▀ ▄████████▀███████▄ ▀████████▄     
    ▄████████▀ ▄████████▀  ▀████████▄ ▀████████▄   
  ▄████████▀ ▄████████▀      ▀████████▄ ▀████████▄
▄████████▀ ▄████████▀          ▀████████▄ ▀████████▄
Momentum             
REVOLUTIONISING MARKETING & LOYALTY
Whitepaper
Telegram
Website
Lightpaper
ANN Thread
Twitter
CoinEraser
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 572


EndChain - Complete Logistical Solution


View Profile
August 12, 2018, 05:19:21 PM
 #25

It's a pity that such an old exchange seems to break more and more. I am glad that I do not do anything there anymore. Just before the first fall of BTC-E i withdrew from the platform and so far it seems to have been the right decision. Nevertheless, it is very sad that Wex has such problems. Hopefully at least all people will get their coins back. I wish to all customers good luck.   Smiley

leea-1334
Sr. Member
****
Offline Offline

Activity: 588
Merit: 264


Revolutionising Marketing and Loyalty


View Profile
August 13, 2018, 06:55:41 AM
 #26

It's a pity that such an old exchange seems to break more and more. I am glad that I do not do anything there anymore. Just before the first fall of BTC-E i withdrew from the platform and so far it seems to have been the right decision. Nevertheless, it is very sad that Wex has such problems. Hopefully at least all people will get their coins back. I wish to all customers good luck.   Smiley

The thing to have been aware of was that they never did solve their old issues. They promised to do so, but people waited. Meanwhile, they launched a new exchange in Singapore, started paying back old debtors from new funds, and people stopped complaining. Yes their prices were always better than other places so a lot of early traders thought they were being smart,,, but this is like a ponzi scheme. Get in early good for you. Get in late, lose everything. Just stay away and pay a bit higher prices and fees at other better exchanges.



                    ▄          ▄                   
                  ▄███▄      ▄███▄                 
                ▄███████▄  ▄███████▄               
              ▄██████████████████████▄             
            ▄██████████████████████████▄           
          ▄████████▀ ██████████ ▀████████▄         
        ▄████████▀ ▄████████████▄ ▀████████▄       
      ▄████████▀ ▄████████▀███████▄ ▀████████▄     
    ▄████████▀ ▄████████▀  ▀████████▄ ▀████████▄   
  ▄████████▀ ▄████████▀      ▀████████▄ ▀████████▄
▄████████▀ ▄████████▀          ▀████████▄ ▀████████▄
Momentum             
REVOLUTIONISING MARKETING & LOYALTY
Whitepaper
Telegram
Website
Lightpaper
ANN Thread
Twitter
CoinEraser
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 572


EndChain - Complete Logistical Solution


View Profile
August 13, 2018, 03:32:39 PM
 #27

It's a pity that such an old exchange seems to break more and more. I am glad that I do not do anything there anymore. Just before the first fall of BTC-E i withdrew from the platform and so far it seems to have been the right decision. Nevertheless, it is very sad that Wex has such problems. Hopefully at least all people will get their coins back. I wish to all customers good luck.   Smiley

The thing to have been aware of was that they never did solve their old issues. They promised to do so, but people waited. Meanwhile, they launched a new exchange in Singapore, started paying back old debtors from new funds, and people stopped complaining. Yes their prices were always better than other places so a lot of early traders thought they were being smart,,, but this is like a ponzi scheme. Get in early good for you. Get in late, lose everything. Just stay away and pay a bit higher prices and fees at other better exchanges.

If they did it all so, it's no wonder that at some point the thing fails. Still a shame that one drives such a money press against the wall. I was really lucky that I separated early from BTC-E. And you are right, fortunately, there are currently better exchanges and I can only advise anyone to keep away from Wex.  Wink

animax1991
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 13, 2018, 04:53:33 PM
 #28

Currently USDT/USD is 4.198 on WEX exchange? It's mean more people want to leave WEX. Any other news guys  Undecided? Should I stay or leave?
nduc6868
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
August 14, 2018, 07:34:25 AM
 #29

Now USDT ~ 4.7 or even 4.9 USD at wex.nz
What really happen?
GhostWithin
Full Member
***
Offline Offline

Activity: 490
Merit: 124


Open and Transparent Science Powered By Blockchain


View Profile
August 14, 2018, 08:18:56 AM
 #30

Now USDT ~ 4.7 or even 4.9 USD at wex.nz
What really happen?

They were robbed from the inside and withdraw is closed. People are trying to save their money
Looks like exit scam


ORVIUM          Open and Transparent Science Powered By Blockchain          ORVIUM
█      Whitepaper         Telegram         Twitter         Facebook         Reddit         Blog     
▇▆▅▃▃▃▃▃▃▃   Token Generation Event: Coming Soon   ▃▃▃▃▃▃▃▅▆▇
Trade Runner
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
August 15, 2018, 10:40:57 PM
 #31

Update: WEX added the trading pair XMR/USD today!


Trade Runner
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
August 16, 2018, 03:24:48 PM
 #32

And further warning of phishing site wex.mn: https://bitcointalk.org/index.php?topic=4906680
The0ldl_lser
Member
**
Offline Offline

Activity: 182
Merit: 20

⭐⭐⭐⭐⭐


View Profile
August 16, 2018, 03:57:30 PM
 #33

Now it's closing or it's restoring, you guys make me confused ...
It was an inside job. The conflict is settled, the exchange will be soon restored

Now it's closing or it's restoring, you guys make me confused ...

It's restoring...

https://bitcointalk.org/index.php?topic=2181061.msg44188338#msg44188338
(russian)

leea-1334
Sr. Member
****
Offline Offline

Activity: 588
Merit: 264


Revolutionising Marketing and Loyalty


View Profile
August 17, 2018, 11:32:20 AM
 #34

It's a pity that such an old exchange seems to break more and more. I am glad that I do not do anything there anymore. Just before the first fall of BTC-E i withdrew from the platform and so far it seems to have been the right decision. Nevertheless, it is very sad that Wex has such problems. Hopefully at least all people will get their coins back. I wish to all customers good luck.   Smiley

The thing to have been aware of was that they never did solve their old issues. They promised to do so, but people waited. Meanwhile, they launched a new exchange in Singapore, started paying back old debtors from new funds, and people stopped complaining. Yes their prices were always better than other places so a lot of early traders thought they were being smart,,, but this is like a ponzi scheme. Get in early good for you. Get in late, lose everything. Just stay away and pay a bit higher prices and fees at other better exchanges.

If they did it all so, it's no wonder that at some point the thing fails. Still a shame that one drives such a money press against the wall. I was really lucky that I separated early from BTC-E. And you are right, fortunately, there are currently better exchanges and I can only advise anyone to keep away from Wex.  Wink

Of course. I am just so surprised people did not learn their lessons. If it is too good to be true, then it is and stay away from it,,, people should have seen that from 2 big warning signs. The first when prices started to become so high on WEX and the second, that you could buy cheap coupons for redemption later on. There is no such thing as easy and free money,,, and now WEX tries to make it even more scammy by making USDT so expensive on their platform. God knows how many more people will fall for such a ploy. Keep warning everyone, hope they see this.



                    ▄          ▄                   
                  ▄███▄      ▄███▄                 
                ▄███████▄  ▄███████▄               
              ▄██████████████████████▄             
            ▄██████████████████████████▄           
          ▄████████▀ ██████████ ▀████████▄         
        ▄████████▀ ▄████████████▄ ▀████████▄       
      ▄████████▀ ▄████████▀███████▄ ▀████████▄     
    ▄████████▀ ▄████████▀  ▀████████▄ ▀████████▄   
  ▄████████▀ ▄████████▀      ▀████████▄ ▀████████▄
▄████████▀ ▄████████▀          ▀████████▄ ▀████████▄
Momentum             
REVOLUTIONISING MARKETING & LOYALTY
Whitepaper
Telegram
Website
Lightpaper
ANN Thread
Twitter
side-fish
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
August 17, 2018, 11:46:30 AM
 #35

Hey guys, I've been out of the loop and haven't used the exchange for quite sometime. I just came back and saw the inflated price of monero, which was just recently listed. I sent a monero there only to find out I couldn't withdraw it when I converted it to bitcoin, then someone mentions in the trollbox about a WEX exit scam and I'm just getting up to speed about this. I almost sent about 500 USD to the exchange if I hadn't known. I'm quite disappointed about the events. I guess I got no choice but to wait for further developments. It seems the last update from them was more than a week ago.
CoinEraser
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 572


EndChain - Complete Logistical Solution


View Profile
August 17, 2018, 01:38:01 PM
 #36

It's a pity that such an old exchange seems to break more and more. I am glad that I do not do anything there anymore. Just before the first fall of BTC-E i withdrew from the platform and so far it seems to have been the right decision. Nevertheless, it is very sad that Wex has such problems. Hopefully at least all people will get their coins back. I wish to all customers good luck.   Smiley

The thing to have been aware of was that they never did solve their old issues. They promised to do so, but people waited. Meanwhile, they launched a new exchange in Singapore, started paying back old debtors from new funds, and people stopped complaining. Yes their prices were always better than other places so a lot of early traders thought they were being smart,,, but this is like a ponzi scheme. Get in early good for you. Get in late, lose everything. Just stay away and pay a bit higher prices and fees at other better exchanges.

If they did it all so, it's no wonder that at some point the thing fails. Still a shame that one drives such a money press against the wall. I was really lucky that I separated early from BTC-E. And you are right, fortunately, there are currently better exchanges and I can only advise anyone to keep away from Wex.  Wink

Of course. I am just so surprised people did not learn their lessons. If it is too good to be true, then it is and stay away from it,,, people should have seen that from 2 big warning signs. The first when prices started to become so high on WEX and the second, that you could buy cheap coupons for redemption later on. There is no such thing as easy and free money,,, and now WEX tries to make it even more scammy by making USDT so expensive on their platform. God knows how many more people will fall for such a ploy. Keep warning everyone, hope they see this.

Yes, for me it sounds like the planning of an exit scam. That's why the high prices to lure people into a trap. Hopefully not too many people fall for it. Even if the site would be fully functional again in a few days, i still would not trust Wex anymore. I also hope that this warning will read a lot of people and not fall into the trap.  Sad

Trade Runner
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
August 17, 2018, 06:56:47 PM
 #37

Article from Saturday, the 11th of August 2018: Dmitry Vasiliev confirmed the transfer of WEX to Dmitry Khavchenko (Google translation)

Quote
Vasiliev said that he had already signed all the documents on the transfer of Dmitry Khavchenko property rights to the Singapore company World Exchange Services - operator of the crypto exchange WEX. Now there is a process of registration: the parties - participants of the transaction are waiting for the reporting and approval of the regulator.

See also the transcription (of the same day) of the video interview: Dmitry Vasilyev: "I believe in a peaceful decision on WEX" (Google translation, video at https://youtu.be/gsPAM22p6U0)

trycrypto
Full Member
***
Offline Offline

Activity: 261
Merit: 101


Bounty Manager https://t.me/voki_bounty


View Profile
August 25, 2018, 03:55:52 PM
 #38

Someone know when WEX open all the withdrawals ? Nearly 1 month already ...
nobody

Trade Runner
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
August 28, 2018, 10:12:48 AM
 #39

Citation Pavel Vrublevsky (CEO of ChronoPay, see Google translation, article from 27th of July 2018):

»...according to Dmitry Vasilyev, the significant funds of the exchange were spent on the campaign for the defense of Alexander Vinnik, this is known from private conversations and personal communication. Very considerable funds were withdrawn from the exchange's balances to organize a public campaign in defense of Vinnik and, according to rumors, other related projects. [...]

In this story, perhaps more are involved than it seems: the party that organized the "defense campaign" of Vinnik, about which RBC wrote, Dmitry Vasilyev, and the old administrator of BTC-e (note: the so called "red admin"), an anonymous who may still retain the technical management of the exchange. This is evidenced by the fact that right after the publication of RBC, the exchange closed its withdrawals and took a wait-and-see attitude.«
magneto
Hero Member
*****
Offline Offline

Activity: 840
Merit: 577


View Profile
August 29, 2018, 06:45:37 AM
 #40

I'd think that they are probably insolvent in one way or another.

They are generally a very shady company, when it comes to their legality. And this is obviously proven by the fact that their predecessor, BTC-e, was shut down by the US and their domains seized by several of the departments there.

I would not be surprised if the recent withdrawal issues causing many coins to be overvalued on their site was a result of insolvency, more legal troubles, or a combination of both. Either way, with their level of transparency, or lack thereof, you shouldn't be using them period.

Pages: « 1 [2] 3 4 5 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!