Go Back   Shrimp Refuge Forums > Shrimp Town > Shrimp Town

Reply
 
Thread Tools
Old 21-01-2019, 23:38   #2901   link
Bibastar
soy ninja
 
Bibastar's Avatar
 
Location: Kortrik!
aja en van bitmex research dan nog!
__________________
I will show you da wae
Bibastar is offline   Reply With Quote
Old 30-01-2019, 11:11   #2902   link
CSM
Kaat 4 lyfe
 
CSM's Avatar
 
Quote:
Crypto Exchange QuadrigaCX Goes Offline, Claims Maintenance Issues

Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time.

The exchanges users, some of whom have purportedly been unable to access or withdraw their funds for months, took to Reddit and Twitter. One user asked, “Shouldn't you let your customer know before taking it down?” Some users on a Reddit post speculated as to whether the exchange had gone insolvent. One commenter stated, “They will declare insolvency due to an inability to find a suitable bank to host an account and facilitate transfers.”

In October 2018, the exchange disputed a $19.6 million sum with the CIBC. The Globe and Mail then reported that QuadrigaCX had been experiencing difficulties accessing $16.3 million of its funds since January, when the IBC froze five accounts belonging to the exchange’s owner, Jose Reyes and its payment processor, Costodian Inc.

CIBC subsequently requested the court to withhold the funds and determine whether they belong to Costodian, the exchange, or the users who deposited the funds. The Ontario Superior Court then ruled in favor of the bank, agreeing that the owner of the funds is not clearly established. CIBC was then obliged to pass the funds over to the Accountant of the Superior Court in order to identify the owner of the money.

The situation is further complicated by the apparent death of the exchange’s founder, Gerry Cotten. A statement regarding the sudden passing of Cotten, which is no longer available as the site is down, is referenced by the exchange in a Reddit post.

Following the post, some users asked for proof of death, while one even posited the theory that the exchange could not access assets in cold storage, as the keys were only known to Cotten.
CSM is offline   Reply With Quote
Old 02-02-2019, 19:17   #2903   link
CSM
Kaat 4 lyfe
 
CSM's Avatar
 
Quote:
Troubled Canadian crypto exchange QuadrigaCX owes its customers $190 million and cannot access most of the funds, according to a court filing obtained by CoinDesk.

In a sworn affidavit filed Jan. 31 with the Nova Scotia Supreme Court, Jennifer Robertson, identified as the widow of QuadrigaCX founder Gerald Cotten, said the exchange owes its customers roughly $250 million CAD ($190 million) in both cryptocurrency and fiat. The company previously announced it had filed for creditor protection on its website, but the filing itself provides greater details about its predicament.

As of Jan. 31, 2019, there were roughly 115,000 users with balances signed up on the exchange, with $70 million CAD in fiat and $180 million CAD in crypto owed overall, according to the filing.

The exchange holds roughly 26,500 bitcoin ($92.3 million USD), 11,000 bitcoin cash ($1.3 million), 11,000 bitcoin cash SV ($707,000), 35,000 bitcoin gold ($352,000), nearly 200,000 litecoin ($6.5 million) and about 430,000 ether ($46 million), totaling $147 million, according to the affidavit.

It was not clear what portion of the exchange’s crypto holding were kept in cold storage, versus its hot wallet. In the affidavit, Robertson explained that “only a minimal amount of coins” were stored in the hot wallet, but specifics were not provided.

Robertson added that:

“The normal procedure was that [QuadrigaCX founder and CEO Gerald Cotten] would move the majority of the coins to cold storage as a way to protect the coins from hacking or other virtual theft.”

She added that Cotten held “sole responsibility for handling the funds and coins,” and the remaining team members have had no luck accessing the exchange’s cold wallets since.

There is a possibility that some of Quadriga’s funds are being stored on other exchanges, though this has not been confirmed, she said.

Cotten reportedly died of Crohn’s disease in Jaipur, India in early December 2018. The exchange announced his death earlier this month. A death certificate was included in the list of exhibits.

The founder seemingly had sole control or knowledge of Quadriga’s cold storage solution. Robertson wrote that after his death, “Quadriga’s inventory of cryptocurrency has become unavailable and some of it may be lost.”

She later added that she has no business records whatsoever for QuadrigaCX or its affiliated companies. While she does have Cotten’s laptop, the device is encrypted and she does not have its password or recovery key. While a consultant has been retained to try and recover the laptop’s contents, he has had limited success to date.

...

https://www.coindesk.com/quadriga-cr...mpression=true
De toekomst ziet er goed uit met blockchain/crypto.
CSM is offline   Reply With Quote
Old 03-02-2019, 09:10   #2904   link
Bibastar
soy ninja
 
Bibastar's Avatar
 
Location: Kortrik!
en dan nog van coindesk.com zeg
__________________
I will show you da wae
Bibastar is offline   Reply With Quote
Old 20-03-2019, 17:53   #2905   link
acku
Unbanned
 
acku's Avatar
 
Quote:
On March 15, 2019, the Rehabilitation Trustee approved or disapproved rehabilitation claims regarding MTGOX Bitcoin exchange users’ rights to make claims against MTGOX for return of cash or cryptocurrency, and submitted to the Tokyo District Court a statement of approval or disapproval.

As a result, all of the amounts of your filed claim(s) have been approved.
Dat is
Bitcoin(BTC) 1.43614587
Bitcoin Cash(BCH) 1.43614587

volgens de site. Benieuwd aan welke waarde en hoeveel procent ervan terugkomt
Want mijn originele inleg was 'slechts' 1000 euro toen
__________________
Wie met vragen zit over zelfdoding, kan terecht bij Tele-Onthaal (106 of www.tele-onthaal.be) of de Zelfmoordlijn (02–649.95.55 of www.zelfmoordlijn.be).
acku is offline   Reply With Quote
Old 21-03-2019, 15:09   #2906   link
eXeTeR
The Tuner
 
eXeTeR's Avatar
 
Location: Puurs
mijn litecoin stack die ik heb versterkt op 23€ is nu toch maar mooi x2 op 2 maand.

#hatersgonehate

heb er nu bijna 1200 in totaal :')
__________________
eXeTeR is offline   Reply With Quote
Old 10-05-2019, 19:26   #2907   link
Avalanche
Senior Member
 
Avalanche's Avatar
 
Location: Malta
Entertainment tonight provided by Bitcoin

Heb toen het net onder 5000 euro stond nog wat bijgekocht

Avalanche is offline   Reply With Quote
Old 11-05-2019, 07:11   #2908   link
Vrieskou
Greven
 
Vrieskou's Avatar
 
Location: Bxl ma belle
Ik weet het niet. Ben obviously blij en zou heel graag geloven dat het door fidelity en consoorten komt, maar redelijk spooked door heel die Binance en tether shady shenanigans
__________________
Spijkerharde Bonzaï-beats en kille blikken.

Quote:
PEEPHOLE druuuuuuuuuuugs toxic epo wtfBBQ kmoekakn editen lijpoog pur pijpegale
Vrieskou is offline   Reply With Quote
Old 11-05-2019, 08:36   #2909   link
Jack The Ripper
Dark Soul
 
Jack The Ripper's Avatar
 
Location: Hyrule
zotte moves. Alleen willen de alts nog niet mee waardoor ik in bitcoinwaarde zak.
__________________
Desktop: AMD 8-core Ryzen 7 2700x 16GB RAM GTX 1080 1TB Samsung 970 Evo Asus ROG PG348Q 3440x1440
Server: HP Microserver Gen8 - Intel Xeon E3-1230V2 - 16GB DDR3 ECC - M1015 - 4x4TB WD Red
PS4, PS3, Wii U, Vita, Switch, New 3DS XL
PSN: GeraltOfRivia86 | Battle Tag: JackRipper#1753 | Wii U: Reaper86
Jack The Ripper is offline   Reply With Quote
Old 14-05-2019, 15:51   #2910   link
eXeTeR
The Tuner
 
eXeTeR's Avatar
 
Location: Puurs
+504% sinds het begin van het jaar :')

#hatersgonehate
__________________
eXeTeR is offline   Reply With Quote
Old 14-05-2019, 19:52   #2911   link
Lacroix
Forty-Two
 
Lacroix's Avatar
 
Daar ben ik vet mee, ik heb begin vórig jaar gekocht!
Lacroix is offline   Reply With Quote
Old 15-05-2019, 20:17   #2912   link
Vrieskou
Greven
 
Vrieskou's Avatar
 
Location: Bxl ma belle
Aan hoeveel/wat heb je gekocht?
__________________
Spijkerharde Bonzaï-beats en kille blikken.

Quote:
PEEPHOLE druuuuuuuuuuugs toxic epo wtfBBQ kmoekakn editen lijpoog pur pijpegale
Vrieskou is offline   Reply With Quote
Old 15-05-2019, 20:32   #2913   link
Japisee
҈҉҈҉҈҉҈҉҈҉҈҉҈҉
 
Japisee's Avatar
 
Location: knolhal
mijne req staat op 2 cent ipv 1 awww yeee

wel gekocht op ath van 64 cent maar toch aww yee waar is de maan
__________________
nee I U MA zot
Japisee is offline   Reply With Quote
Old 15-05-2019, 21:05   #2914   link
Ferrex
wadist
 
Ferrex's Avatar
 
Quote:
Originally Posted by Japisee View Post
mijne req staat op 2 cent ipv 1 awww yeee

wel gekocht op ath van 64 cent maar toch aww yee waar is de maan
het staat tegen 3 euro volgende week

nog ff vasthouden japjap
__________________
Quote:
Originally Posted by Ferrex View Post
bon voor zover het evenepoel verhaal

y'all motherfuckers are crazy
Ferrex is offline   Reply With Quote
Old 19-05-2019, 16:43   #2915   link
CSM
Kaat 4 lyfe
 
CSM's Avatar
 
Rofl @ heel dat Bitfinex/Tether verhaal. Dit had echt niemand zien aankomen.
Quote:
Bitfinex was allowing people from New York to trade on its platform. This is not supposed to happen. Effective August 8, 2015, any virtual currency company that wants to do business in New York State needs to have a BitLicense. This led the OAG to launch an investigation into Bitfinex and Tether in 2018.

Banking has been an ongoing struggle for Bitfinex since April 2017, when it was cut off by correspondent bank Wells Fargo and its main banks in Taiwan. At different periods, Bitfinex has turned to Puerto Rico’s Noble Bank, Bahamas’ Deltec Bank, and more recently, HSBC, through a private account with Global Trading Solutions LLC.

Meanwhile, Bitfinex and Tether have had to rely on third-party payment processors to handle customer fiat deposits and withdrawals—a fact that the companies have never been completely up front about.

Since 2014, Bitfinex has sent $1 billion through Panama-based Crypto Capital Corp. Bitfinex also told the OAG that it had used a number of other third-party payment processors, including “various companies owned by Bitfinex/Tether executives,” as well as other “friends of Bitfinex” — meaning human-being friends of Bitfinex employees willing to use their bank accounts to transfer money to Bitfinex clients.

This is basically Bitfinex setting up shell companies and playing cat and mouse with the banks—and it sounds an awful lot like what Canadian crypto exchange QuadrigaCX was doing before it went belly up in January. (Quadriga also used Crypto Capital, but the payment processor is not holding any Quadriga funds.)

By mid-2018 Bitfinex customers were complaining they were unable to withdraw fiat from the exchange. This is apparently because Crypto Capital, which held “all or almost all” of Bitfinex funds, failed to process customer withdrawal requests. Crypto Capital told Bitfinex that the reason the $851 million could not be returned was because the funds were seized by government authorities in Portugal, Poland and the U.S.

Bitfinex did not believe this explanation. “Based on statements made by counsel for Respondents to AG attorneys… Respondents do not believe Crypto Capital’s representations that the funds have been seized,” the court document states.

(This is not in the court docs, but this is the letter Crypto Capital shared with its customers in December 2018. Global Trade Solutions AG—not the same company as Global Trading Solutions LLC—is the parent company of Crypto Capital.)

In communication logs from April 2018 to early 2019 shared with the OAG, a senior Bitfinex executive “Merlin” repeatedly beseeched an individual at Crypto Capital, “Oz,” to return funds. Merlin writes: “Please understand, all this could be extremely dangerous for everybody, the entire crypto community. BTC could tank to below $1K if we don’t act quickly.” A Crypto Capital customer that asked not to be named told me that Merlin is Bitfinex CFO Giancarlo Devasini.

Rather then admit it was insolvent, Bitfinex/Tether tried to cover up the problem. According to the court docs, in November 2018, Tether transferred $625 million in an account at Deltec in the Bahamas to Bitfinex. In return, Bitfinex caused $625 million to be transferred from an account at Crypto Capital to Tether’s Crypto Capital account.

Essentially, Bitfinex tries to create the money by doing a one-for-one transfer of real money at Deltec for funds that don’t actually exist at Crypto Capital. Once they realized that this was probably a terrible idea, they re-papered the transfer as a loan.

Bitfinex then borrowed $900 million from its Tether bank accounts. The loan is secured with shares in iFinex stock. In case you didn’t quite follow that, Bitfinex and Tether are basically the same company, so you can think of this as Bitfinex borrowing money from itself—and then backing the loan with shares of itself.

According to the OAG, “The transaction documents were signed on behalf of Bitfinex and Tether by the same two individuals.”

OAG is fed up with the nonsense. It has obtained a court order against iFinex. Under the court order, Bitfinex and Tether are to cease making any claim to the dollar reserves held by Tether. iFinex is also required to turn over documents and information, as the OAG continues its probe.

The court has also ordered that iFinex identify all New York and US customers of Bitfinex whose funds were provided to Crypto Capital and the amount of any outstanding funds—and provide a weekly report evidencing any issuance or redemption of tethers.

https://amycastor.com/2019/04/26/new...ion-in-losses/
Quote:
In an affidavit released Tuesday, Stuart Hoegner, general counsel for Tether, revealed that only 74% of its stablecoins were backed by its cash reserves, claiming the company knowingly did not disclose this information to its customers.

Hoegner wrote that Tether currently has cash or cash equivalent of around $2.1 billion, representing around 74% of its current outstanding stablecoins. The remaining 26% is held by Bitfinex, the crypto exchange that was charged by the New York Attorney General’s office for draining $700 million from Tether to cover its alleged $850 million loss.

Hoegner wrote that Tether intentionally decided not to disclose to its customers that tethers are not 100% fiat backed. Although he said the practice was nothing new, in the affidavit, he drew on the example that traditional commercial banks operate under a similar “fractional reserve” system where only a small portion of customers’ deposits are backed by cash reserves.

However, as of Feb. 19, Tether’s company website still said that its stablecoins are 100% backed “by traditional currency held in our reserves. So 1 USD₮ is always equivalent to 1 USD.” Interestingly, around Feb. 27, Tether quietly added some language to this statement, an apparent attempt to obscure the definition of “100% backed”.

https://www.theblockcrypto.com/2019/...-doj-and-cftc/
Quote:
Most recently, Fowler was charged with bank fraud and operating an unlicensed money services business (MSB). These crimes relate to his alleged involvement in a “shadow bank” on behalf of cryptocurrency exchanges, in which hundreds of millions of dollars passed through accounts that he controlled in jurisdictions around the world.

Fowler operated Global Trading Solutions LLC in the US, which provided services for Global Trade Solutions AG, the Zug, Switzerland-based parent company of Crypto Capital Corp, a third-party payment processor. At one time or another, Crypto Capital serviced QuadrigaCX, Bitfinex, Kraken, Binance and BitMEX—some of the top crypto exchanges.

In October and November 2018, five US bank accounts were frozen—three of them were Fowler’s personal accounts and two were held under Global Trading Solutions. On April 11, Fowler was indicted in the Southern District of New York. And on April 30, he was arrested in Chandler, Arizona, where he lives.

Fowler is looking at spending the rest of his life in prison—the bank fraud counts alone carry a maximum sentence of 30 years.

The cryptocurrency scheme was not limited to the US. Fowler set up bank accounts around the world and coordinated the scheme with co-conspirators in Israel, Switzerland and Canada. The scheme involves a “staggering amount of money,” and the government believes that Fowler still has access to overseas bank accounts.

Even more revealing, via email search warrants, the government has obtained a document entitled “Master US Workbook,” which details the operations of the scheme. The workbook lists 60 bank accounts. It shows the scheme received over $740 million in 2018 alone. As of January 2019, the combined bank balance was $345 million. Approximately $50 million is held in US accounts. The rest is located overseas.

Apparently, Fowler had “shown a willingness to help himself to these funds in the past.” In mid-2018, he sent $60 million from scheme accounts to his personal bank accounts. Scheme members set up a “10% fund” from client deposits, available for his personal use. The government does not know the location of those accounts.

https://amycastor.com/2019/05/02/the...-without-bail/
TLDR; 851 miljoen dollar van Bitfinex hun geld is gestolen/in beslaggenomen/verduisterd, en in plaats van zichzelf bankroet te verklaren, heeft men dan maar 700 miljoen van de Tether bankrekening overgeschreven, de 1:1 100% gebackte stablecoin, die maar voor 74% meer gedekt is nu. De feds weten alles, dus ze hangen. Andere shady exchanges als Kraken, Binance en BitMEX worden ook onderzocht.

Door het verbod voor Bitfinex om nog in de Tether reserves te zitten, komt het bankroet nu ook wel heel dichtbij. Iedereen is zijn Bitcoins van de exchange aan het halen in sneltempo, en afhalen in dollars is zo goed als onmogelijk.

Maar geen nood, Bitfinex heeft vlug vlug een extra token uitgebracht die op tien dagen 1 miljard dollar heeft opgebracht, net genoeg om alle verliezen te coveren! Oef! Alles in orde, funds are safu! Echt waar!

Last edited by CSM; 19-05-2019 at 16:49.
CSM is offline   Reply With Quote
Old 26-05-2019, 20:35   #2916   link
Jack The Ripper
Dark Soul
 
Jack The Ripper's Avatar
 
Location: Hyrule
't is precies weer aan het pumpen, 8400 USD op kraken
__________________
Desktop: AMD 8-core Ryzen 7 2700x 16GB RAM GTX 1080 1TB Samsung 970 Evo Asus ROG PG348Q 3440x1440
Server: HP Microserver Gen8 - Intel Xeon E3-1230V2 - 16GB DDR3 ECC - M1015 - 4x4TB WD Red
PS4, PS3, Wii U, Vita, Switch, New 3DS XL
PSN: GeraltOfRivia86 | Battle Tag: JackRipper#1753 | Wii U: Reaper86
Jack The Ripper is offline   Reply With Quote
Old 26-05-2019, 23:04   #2917   link
Vrieskou
Greven
 
Vrieskou's Avatar
 
Location: Bxl ma belle
Coinbase (=echte dollars) leading the pack, da's een goeie indicator
__________________
Spijkerharde Bonzaï-beats en kille blikken.

Quote:
PEEPHOLE druuuuuuuuuuugs toxic epo wtfBBQ kmoekakn editen lijpoog pur pijpegale
Vrieskou is offline   Reply With Quote
Old 26-05-2019, 23:06   #2918   link
Jaak
U MIRIN BRAH?
 
Jaak's Avatar
 
Location: bruxelles ma belle
en hebde uw bloemen al verkocht vrieskou
Jaak is offline   Reply With Quote
Old 26-05-2019, 23:18   #2919   link
Vrieskou
Greven
 
Vrieskou's Avatar
 
Location: Bxl ma belle
Quote:
Originally Posted by Jaak View Post
en hebde uw bloemen al verkocht vrieskou


moete enen hebben?
__________________
Spijkerharde Bonzaï-beats en kille blikken.

Quote:
PEEPHOLE druuuuuuuuuuugs toxic epo wtfBBQ kmoekakn editen lijpoog pur pijpegale
Vrieskou is offline   Reply With Quote
Old 27-05-2019, 07:01   #2920   link
Jaak
U MIRIN BRAH?
 
Jaak's Avatar
 
Location: bruxelles ma belle
kzen enkel geïnteresseerd in cengen peken
Jaak is offline   Reply With Quote
Reply

  Shrimp Refuge Forums > Shrimp Town > Shrimp Town

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT +1. The time now is 13:20.


Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.