Hello @everyone , I'd just like to provide a quick update, and again thank everyone for your incredible support and patience so many of you have shown. We are working through the investigation process, and have now shifted our main focus to the recovery phase of SafeTrade, the part most of you will no doubt be most interested in. Our Team has decided that we will resume not only full accounts, but full trading. SafeTrade's infrastructure will be re-installed from the ground up, with additional appropriate security measures based on findings from our investigation, as well as a strict Digital Cold Storage policy. SafeTrade had seen an incredible amount of growth in the last 2 weeks of operation, with many coin inventories such as bitcoin quadrupling in a matter of days. While we are pleased with the rapid growth, we intend to be fully prepared for it when we launch. This means increased security and Digital Cold Storage Policy. We are Very pleased to Officially announce that all balances and withdraws will be 100% honoured in all forms of currencies including BTC. Thank you for your patience, we simply needed to be able to have our statements backed up. That required Teamwork, Investment, and Time. The withdrawls will, of course, from this point fall under cold storage requirements. Meaning that past certain size limits, manual withdraw will be required (expected within 24 hours). Limit sizes may change over time, but we intend to adopt this policy permanently as we position ourselves for growth, and keep risk minimized and investors protected with controlled floats. Simply put, we're going to make things right, and we're taking this opportunity to achieve the highest standards possible.
I would also like to Specifically thank those investors who made liquidity possible for all of us. You know who you are, and our whole community as well as communities who trade here, owe you a huge thanks 😃
Latest message from Jeff, main dev at SafeCoin and Safe.Trade.
If you really want to see what happened, enter the following link, there are captures that leave the Safecoin team in a very bad place. Just see the following link and get your conclusion when viewing the screenshots.
https://bitcointalk.org/index.php?topic=2838370.new#new
