BTC-e users to receive first payments at September 15th

BTC-e exchange has just released a new FAQ-statement
12 September 2017   1324

BTC-e cryptocurrency exchange released new statement.

The administration of the crypto exchange announced that users will be able to receive the first payments on the day of launch of the new site, on September 15. Verification for withdrawal of funds is not needed.

On the day the platform is launched, some of the funds will be transferred to tokens. There will be no converting of fiat into coin. Recalculation will be held with a higher ratio than 55/45. After launching the platform, in your account you will be able to see the available output methods. In addition, new ways of input and output of fiat will be available: any banks in Russia, Ukraine, Belarus, Kazakhstan, Europe and Asia. Data on limits will be known on September 15.

BTC-e team

Also, according to the representatives of the exchange, users will be able to carry out without verification the following operations -

  • trading in all pairs 
  • input and withdrawal of funds through the codes of the new site (analog BTC-e code)
  • and input-output in coins.

Verification, however, will require for users who need to input or withdraw the currency using Wire Transfer, SEPA, and other payment systems that require mandatory identity verification.

So, verification is mandatory for:

- Accounts that were blocked before July 25, 2017 
- accounts with need to change the e-mail;
- accounts with need to unbind the 2FA;
- accounts with need to remove the IP whitelist 

Additionally, on 11th of September, BTC-e launched customer support service. 

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.