THELOGICALINDIAN - BTCe has appear that 45 of the exchanges annual balances accept been bedeviled by US authorities and that barter will be repaid in BTE tokens
Also Read: After FBI Takedown: BTC-e Exchange Says They Still Possess Databases and Wallets
BTC-e Will Distribute 45% of Account Holdings as BTE Tokens
BTC-e has appear that it is in control of 55% percent of its customers’ funds, according to a column on bitcointalk.org (English adaptation acquaint here).
BTC-e states that “over the accomplished 14 days, we accept been disturbing for your funds, [and have] managed to accretion ascendancy of 55% of the funds… the actual 45% are arrested funds, best in fiat.”
BTC-e Plans to Distribute BTE Tokens During Late August
The column outlines a acting plan for its administration of BTE tokens, with an almost starting date of backward August. ”BTC-e claims to be “negotiating with a accumulation of investors… about affairs and alert barrage of the account and repaying debts to customers.”
“All liabilities for authorization (USD, EUR, RUR) will be transferred to BTE tokens (1 BTE is 1 USD) at the barter bulk on the date of conversion. Probably… [an] ICO will be captivated on BTE tokens… If you accept on the antithesis the bulk in [cryptocurrency], again you will be accounting off 45% of the antithesis of bill and accustomed with 45% of BTE (1 BTE is 1 USD). At the barter bulk on the day of conversion.”
BTC-e adds that “the advance aggregation works in acquiescence with KYC, AML and the licenses appropriate for this activity, so all users will charge to abide verification.”
What do you anticipate of BTC-e’s plan to accord its customers’ bedeviled funds in the anatomy of ‘BTE tokens’? Share your thoughts in the comments area below!
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