THELOGICALINDIAN - SurBitcoin is a bitcoin barter based in Venezuela that allows Venezuelans to buy and advertise bitcoins online with the nations bounded authorization bill the Bolivar VEF
In the accomplished few weeks, there accept been several bodies on amusing media cogent frustrations that they accept been clumsy to abjure their funds from the exchange, adopting apropos that article odd is happening with the exchange.
SurBitcoin is a white characterization exchange that works with white characterization provider BlinkTrade. White characterization is a appellation absolutely acclimated commonly in the banking area area a provider purchases a artefact and/or account from a third-party, out of the box, and applies their own branding to it, and sells the artefact as their own. Customers rarely alike apperceive about the third-party, and alone accord with the account provider, in this case SurBitcoin.
The problems with users not actuality able to abjure funds from the Venezuelan barter started in March of this year. Several users accept voiced problems they accept had recently, from March into April, of not actuality able to abjure Bolivars from the exchange, citation continued delays and no acknowledgment from the barter back asked for help. Some accept speculated that due to cyberbanking issues from the devolving economic situation in Venezuela, are causing the problems.
Speculation active wild
In accession to the issues barter are facing with abandoning funds, some are alpha to brainstorm added austere issues with the exchange. In a reddit post beforehand this month, one user has claimed that SurBitcoin is beneath government investigation, and the buyer of the barter Daniel Arraez has been detained beneath analysis for several activities that are actionable beneath Venezuela law.
Unfortunately due to the blackout from SurBitcoin about the abandonment issues and the declared government investigation, rumors are starting to run aggressive with no one able to appear to any array of analytic band-aid to what is happening. Due to added bitcoin exchanges in the accomplished actuality accused of active apportioned reserves, for archetype Cryptsy who did this for a year and a half or the abominable Mt.Gox, bodies in the bitcoin association are acute to these matters, appropriately so.
Rodrigo Souza, who is the architect of BlinkTrade, commented on the belief debunking the rumors, saying:
In a abstracted interview aloof a few canicule ago, Souza said in commendations to SurBitcoin:
It’s absolutely accessible that due to the chiral animal processes on the SurBitcoin side, it could be causing abandonment delays, against accessible cyberbanking issues, active on a apportioned reserve, or worse, some array of government intervention. Whatever the case though, their trading aggregate on the barter is dropping dramatically, which additionally is an indicator to the problems they are experiencing.
