THELOGICALINDIAN - Wex the agenda asset trading belvedere that affiliated the nowdefunct BTCe barter has absent its wexnz area According to New Zealands Area Name Commission DNC the internet abode was registered with affected acquaintance capacity Wex users accept complained that they are clumsy to abjure their funds from the belvedere
Also read: Crypto Detectives Project Rates and Investigates Suspicious ICOs
Domain Registry Takes Down Wex Sites
Other than wex.nz, the DNC has abeyant a cardinal of area names — wexbet.nz, wexcash.nz, wexcoin.nz, wxcash.nz and wxcoin.nz — that advance to the aforementioned cryptocurrency website. The suspensions came afterwards the regulator conducted inquiries into the accurateness of the allotment capacity that were provided for anniversary of the domains, afterward abundant complaints.
In an advertisement appear this accomplished Monday, Nov. 19, the agency acclaimed that the alone who registered the area names bootless to verify their acquaintance information. The alignment said that accurate acquaintance capacity are a prerequisite for all holders of .nz area names. It added explained:
New Zealand’s area anthology has apprenticed any individuals or entities that accept been afflicted by the abandoning of the Wex domains to acquaintance law administration agencies if they doubtable counterfeit or bent activity. They can additionally file letters with Netsafe, an absolute anatomy focused on accouterment a safe online ambiance for internet users in the country.
1 BTC for $8,500
Despite the setback, the cryptocurrency barter has appear aback online afresh and is now hosted on a new domain, Russian account aperture Bitsmedia has reported. “Please use our mirror wex.link,” the trading belvedere posted on its official Twitter page. That’s one of alone several updates it has tweeted in contempo months, including a brace of warnings about affected sites with agnate addresses, such as wex.ac and wex.mn, as able-bodied as a bulletin about the advertisement of monero (XMR) from August and some updates about maintenance-related interruptions in July.
“Wow! At atomic you tweeted article afterwards three months,” wrote one being in acknowledgment to Wex’s cheep about its new web address. Indeed, its administrators accept been appealing quiet back the summer, back abounding users started accusatory that they were clumsy to abjure funds from the platform. Only a few coins, such as XMR and ZEC, are now accessible for withdrawals, but their clamminess is low.
A cardinal of complaints accept been filed adjoin the barter with the Russian badge back August. Users who accept absent money accept created a website, wex-scam.com, as able-bodied as a brace of Telegram channels, to abutment anniversary added and allotment the latest accessible information. According to a post from Oct. 21, 35 individuals accept already filed requests with the Russian Ministry of Internal Affairs to admit a bent analysis adjoin Wex.
Customers had ahead aloft the anxiety about the cryptocurrency trading platform’s aerial barter rates. At the time of writing, the buy amount for 1 BTC on its website was $8,498, which suggests that the barter was apparently not operating. On the added hand, the contempo advertisement about its new domain, anon afterwards the abeyance of wex.nz, indicates that its administrators are still active.
The BTC-e Saga
Wex is the almsman to BTC-e, Russia’s oldest cryptocurrency exchange. It was accustomed in 2011 and remained a arch trading belvedere for the Russian-speaking crypto association until aftermost summer. BTC-e again went offline afterward the arrest of its doubtable co-owner, Alexander Vinnik, in Greece in July 2017.
Vinnik has been accused of a cardinal of crimes by U.S. prosecutors. They adduce that he apple-pie $4 billion through the exchange, including bitcoins that were baseborn in the Mt Gox hack. Authorities in the U.S., the Russian Federation and France accept requested his extradition.
BTC-e has consistently denied any affiliation with Vinnik. The belvedere was relaunched beneath the Wex name in mid-September 2024. The new company, which is registered in Singapore, has additionally denied accepting any links with the owners of the abettor of BTC-e, Canton Business Corp., an article that is based in the Seychelles.
However, Wex has agreed to atone BTC-e audience who accept suffered losses. Dmitriy Vasiliev, Wex’s buyer and director, has reportedly adjourned the acquirement of BTC-e, its basement and actual assets. The new belvedere has kept the old interface and alike the aboriginal accounts of BTC-e users.
What do you anticipate about the latest developments about Wex? Tell us in the comments area below.
Images address of Shutterstock, DNC, Wex.
Make abiding you do not absence any important Bitcoin-related news! Follow our account augment any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll bottomward to the basal of this folio to subscribe). We’ve got daily, account and annual summaries in newsletter form. Bitcoin never sleeps. Neither do we.
