Poloniex being sold off and new company is dropping US customers
This isn't a big issue, as far as I'm concerned, we already closed our account at Poloniex a while back. Their service had become terrible (deposit/withdrawal paths were often down).
And most recently, they dropped support for a number of coins, including Steem. I guess all that may have been related to this sale of the company (or "spin out", as they like to call it, since there's a larger company, Circle, that had bought Poloniex a while back).
I'm pasting the contents of the email I received, as it might be of interest to non-US people as well, who won't receive the email, I suppose (or if it lands in your spam folder, like my copy did):
Hello Poloniex Customer,
We are writing to inform you that Poloniex is spinning out from Circle into a new company called Polo Digital Assets, Ltd. This new company will have the full backing of a major Asian investment group, who intends to focus on the needs of global crypto traders.
Unfortunately, the Poloniex spin out will not include US customers, so Circle is winding down access to the Poloniex exchange for you and other US customers. Here is the wind down schedule:
October 18, 2019, US persons will no longer be able to create, or complete the set-up, of a new Poloniex account.
November 1, 2019, you will no longer be able to execute trades and should no longer deposit assets.
You will be able to access and withdraw your cryptocurrencies, through Circle until at least December 15, 2019.
The full announcement can be found here and our Customer Support Team is available to answer any questions you may have. Simply reply to this message and we will get back to you.
Team Poloniex
Most of the traders and crypto investors come from the US i don't understand why they did not allow US to trade at their new Poloniex. will they stay longer on that idea? will! let see what they can do.
Kurata
hahaha😂😂
On steem?
Self proclaimed community watchdogs are actually hacking and stalking people.
This group https://steemit.com/@steemspeak is ran by https://steemit.com/@fyrstikken, They are hacking people that enter this discord server https://discordapp.com/invite/sqxV63P . Once you are hacked they profile you long enough to know all of your activities. They introduce workplace gangstalking visits and bring it to your attention cleverly and discretly so only you get it. They are very covert and tricky with everthing they say and do in this server. Some claim to have worked for or are working with the FBI and the NSA. Mixed with decomisioned traders and coding criminals, Its a scary mix of creepy people and thier intent is to drive you crazy and deplete everything you have ever aquired in life, even your freedom.
My hacking started with them introducing ransomeware that has options, dump my coin or delete my system drive. They acnowledged this to me in the server as it happened.
This hacking and stalking is done so they can manipulate the target to pump and dump for them. Threating and Making victims wear head phones, so nobody in your household can hear thier dramitization towards you. In 2017 this server was sidemarked as a drama show for entertainment purposes only as en excuse to say whatever they want all the way down to killing a politician. They have a server side command called "hey asshole" making a promt come up instructing everyone to wear headphones. They want everyone wearing headphones so nobody in your vicinity can hear them mess with you. Fystikken says its because of "mic feedback" but once your a target you get exactly why they make eveyone wear headphones.
With headphones on they subliminally direct victims with very low suggestive whispers mixed into their radio shows music. Combine this with them being able to manipulate their own individual outputs sound volume, which they control on the server side, they can pick what individual people hear and what at any given time. They decide who you hear on the server and change the volume controls for them. They can make some really low or off for those trying to investigate. They control who hears what and know who is who.
This team will find absolutely everything they can about you prior to using thier sugjestive and threatning program. They Introduce pictures that mean something only to the target, inducing paranoia while they watch and listen thru all of your circumvented devices. They are very aware of what makes you tick. They know your work schedule and use it for work stalking along side of this. I received multiple threating letters to my work and home addressed to my screen name from this group.
Fyrstikken tells people to sell their houses to buy crypto then dumps it on them. He has done many pump and dump scams. Quatloo being one of the first I witnessed and was done multiple times thru 2016 and 2017 them. It should be investigated for fraud. https://bitcointalk.org/index.php?topic=655793.0
I think it's true that a lot of crypo investors come from the US, at least in terms of wealth. But I don't think it's "most". In the past at least, I think more has come from Asia (especially China and Korea). And regulations in the US make it difficult to safely operate a cryptoexchange without risking difficult-to-predict legal troubles.
For example, it's hard to know if the coins that you are listing might be considered securities by the SEC (because the rules are very vague and the SEC doesn't just say which coins they consider securities and which ones they don't). And if the SEC decides that it's a security, then you're supposed to have a special license to allow users to trade that coin, and if you don't have that license, then you could be fined for allowing trading on your exchange. Even if you have that license, there still can be issues in which of your users are allowed to exchange that coin, depending on if they have enough wealth to be considered an "accredited investor" (just means someone rich enough that they are allowed to speculate on risky investments).
A similar problem can arise with respect to money transmission laws in the US. In this case, if you accept US customers, then you have to make special reports to the US financial crimes enforcement (FINCEN) organization if transactions are "suspicious" and exceed certain amounts of money. It also requires you to keep all sorts of additional records about your customers.
These rules, plus the concern that the rules and/or interpretation of these rules can change at any time, make it more difficult and scary to operate a cryptocurrency exchange that accepts US customers. This is also why Bitfinex and Binance have stopped accepting US customers.
Now i understood,so it is not easy for them also because of that difficulties,and i am sure the new owner comes from asia and they are just taking the best and easy way for their exchange.
Oh, I forgot to mention, there's also regulations around "commodity derivatives" if you allow the purchase of such products by US customers. An example of a derivative would be the bitcoin future contracts offered by BitMex that allow you to invest a small amount in a "leveraged" manner to invest at a higher risk level for a potentially higher return on your investment. In order to offer such investment opportunities to US customers, you would have to get them approved by CFTC (another US regulatory body, this one in charge of commodity derivatives). The CFTC fined Bitfinex ( a Hong Kong-based company) a while back, and this was probably the initial catalyst for Bitfinex to drop US customers.
On steem?
Self proclaimed community watchdogs are actually hacking and stalking people.
This group https://steemit.com/@steemspeak is ran by https://steemit.com/@fyrstikken, They are hacking people that enter this discord server https://discordapp.com/invite/sqxV63P . Once you are hacked they profile you long enough to know all of your activities. They introduce workplace gangstalking visits and bring it to your attention cleverly and discretly so only you get it. They are very covert and tricky with everthing they say and do in this server. Some claim to have worked for or are working with the FBI and the NSA. Mixed with decomisioned traders and coding criminals, Its a scary mix of creepy people and thier intent is to drive you crazy and deplete everything you have ever aquired in life, even your freedom.
My hacking started with them introducing ransomeware that has options, dump my coin or delete my system drive. They acnowledged this to me in the server as it happened.
This hacking and stalking is done so they can manipulate the target to pump and dump for them. Threating and Making victims wear head phones, so nobody in your household can hear thier dramitization towards you. In 2017 this server was sidemarked as a drama show for entertainment purposes only as en excuse to say whatever they want all the way down to killing a politician. They have a server side command called "hey asshole" making a promt come up instructing everyone to wear headphones. They want everyone wearing headphones so nobody in your vicinity can hear them mess with you. Fystikken says its because of "mic feedback" but once your a target you get exactly why they make eveyone wear headphones.
With headphones on they subliminally direct victims with very low suggestive whispers mixed into their radio shows music. Combine this with them being able to manipulate their own individual outputs sound volume, which they control on the server side, they can pick what individual people hear and what at any given time. They decide who you hear on the server and change the volume controls for them. They can make some really low or off for those trying to investigate. They control who hears what and know who is who.
This team will find absolutely everything they can about you prior to using thier sugjestive and threatning program. They Introduce pictures that mean something only to the target, inducing paranoia while they watch and listen thru all of your circumvented devices. They are very aware of what makes you tick. They know your work schedule and use it for work stalking along side of this. I received multiple threating letters to my work and home addressed to my screen name from this group.
Fyrstikken tells people to sell their houses to buy crypto then dumps it on them. He has done many pump and dump scams. Quatloo being one of the first I witnessed and was done multiple times thru 2016 and 2017 them. It should be investigated for fraud. https://bitcointalk.org/index.php?topic=655793.0
LOL, Justin Sun is the leading investor. It's going to be an exchange focused on Tron, I guess.
Hmm, good to know, thanks for info.
On steem?
Self proclaimed community watchdogs are actually hacking and stalking people.
This group https://steemit.com/@steemspeak is ran by https://steemit.com/@fyrstikken, They are hacking people that enter this discord server https://discordapp.com/invite/sqxV63P . Once you are hacked they profile you long enough to know all of your activities. They introduce workplace gangstalking visits and bring it to your attention cleverly and discretly so only you get it. They are very covert and tricky with everthing they say and do in this server. Some claim to have worked for or are working with the FBI and the NSA. Mixed with decomisioned traders and coding criminals, Its a scary mix of creepy people and thier intent is to drive you crazy and deplete everything you have ever aquired in life, even your freedom.
My hacking started with them introducing ransomeware that has options, dump my coin or delete my system drive. They acnowledged this to me in the server as it happened.
This hacking and stalking is done so they can manipulate the target to pump and dump for them. Threating and Making victims wear head phones, so nobody in your household can hear thier dramitization towards you. In 2017 this server was sidemarked as a drama show for entertainment purposes only as en excuse to say whatever they want all the way down to killing a politician. They have a server side command called "hey asshole" making a promt come up instructing everyone to wear headphones. They want everyone wearing headphones so nobody in your vicinity can hear them mess with you. Fystikken says its because of "mic feedback" but once your a target you get exactly why they make eveyone wear headphones.
With headphones on they subliminally direct victims with very low suggestive whispers mixed into their radio shows music. Combine this with them being able to manipulate their own individual outputs sound volume, which they control on the server side, they can pick what individual people hear and what at any given time. They decide who you hear on the server and change the volume controls for them. They can make some really low or off for those trying to investigate. They control who hears what and know who is who.
This team will find absolutely everything they can about you prior to using thier sugjestive and threatning program. They Introduce pictures that mean something only to the target, inducing paranoia while they watch and listen thru all of your circumvented devices. They are very aware of what makes you tick. They know your work schedule and use it for work stalking along side of this. I received multiple threating letters to my work and home addressed to my screen name from this group.
Fyrstikken tells people to sell their houses to buy crypto then dumps it on them. He has done many pump and dump scams. Quatloo being one of the first I witnessed and was done multiple times thru 2016 and 2017 them. It should be investigated for fraud. https://bitcointalk.org/index.php?topic=655793.0
It seems to me they're moving to Asia to escape USA regulations. Also, Asia has been notorious for shady exchanges, so Poloniex joining them is a big question mark for me.
In the end, I don't give a shit about Poloniex, I stopped using them 2 years ago (I know many people did too) for their incompetence, lack of support and constant "maintenance" on coins which always seem to happen "conveniently" in the thick of high volumes.
I said it once, and I say it again when they delisted STEEM: good riddance.
The U.S is getting more and more behind when it comes to crypto.
So glad Poloniex is no longer holding steem, they've been horrid as a service provider and lots of shady news around it too. I think coins are just so desperate to be on an exchange and get sort of volume that they make these deals with the devil
'Spin' usually means 'misdirect'.. Good to see the spinning of spin itself. haha
On steem?
Self proclaimed community watchdogs are actually hacking and stalking people.
This group https://steemit.com/@steemspeak is ran by https://steemit.com/@fyrstikken, They are hacking people that enter this discord server https://discordapp.com/invite/sqxV63P . Once you are hacked they profile you long enough to know all of your activities. They introduce workplace gangstalking visits and bring it to your attention cleverly and discretly so only you get it. They are very covert and tricky with everthing they say and do in this server. Some claim to have worked for or are working with the FBI and the NSA. Mixed with decomisioned traders and coding criminals, Its a scary mix of creepy people and thier intent is to drive you crazy and deplete everything you have ever aquired in life, even your freedom.
My hacking started with them introducing ransomeware that has options, dump my coin or delete my system drive. They acnowledged this to me in the server as it happened.
This hacking and stalking is done so they can manipulate the target to pump and dump for them. Threating and Making victims wear head phones, so nobody in your household can hear thier dramitization towards you. In 2017 this server was sidemarked as a drama show for entertainment purposes only as en excuse to say whatever they want all the way down to killing a politician. They have a server side command called "hey asshole" making a promt come up instructing everyone to wear headphones. They want everyone wearing headphones so nobody in your vicinity can hear them mess with you. Fystikken says its because of "mic feedback" but once your a target you get exactly why they make eveyone wear headphones.
With headphones on they subliminally direct victims with very low suggestive whispers mixed into their radio shows music. Combine this with them being able to manipulate their own individual outputs sound volume, which they control on the server side, they can pick what individual people hear and what at any given time. They decide who you hear on the server and change the volume controls for them. They can make some really low or off for those trying to investigate. They control who hears what and know who is who.
This team will find absolutely everything they can about you prior to using thier sugjestive and threatning program. They Introduce pictures that mean something only to the target, inducing paranoia while they watch and listen thru all of your circumvented devices. They are very aware of what makes you tick. They know your work schedule and use it for work stalking along side of this. I received multiple threating letters to my work and home addressed to my screen name from this group.
Fyrstikken tells people to sell their houses to buy crypto then dumps it on them. He has done many pump and dump scams. Quatloo being one of the first I witnessed and was done multiple times thru 2016 and 2017 them. It should be investigated for fraud. https://bitcointalk.org/index.php?topic=655793.0
74 dollars and trending for this?
Not bad.
Thank you for this public announcement @blocktrades. Initially, the news that Circle had invested in them sounded like a positive development, but ... Guess not.
My own experience with them was uhhh ... "less than optimum," so I am not personally too distressed by this news. I only dealt with them, when they were the only accessible source of crypto in which I was interested. Thankfully, I had gotten my deposits safely withdrawn sometime ago ...
I coulda swore Square or Circle bought them out a couple years back?
Yes, Circle bought them. Circle ran and/or runs an over-the-counter market for trading bitcoin, I think, and decided to expand into the general exchange business with the acquisition of Poloniex. I guess it didn't work out for them.
Ahh, they don't trade Steem anymore so good riddance I suppose. Haven't touched Poloniex in at least 2 1/2 or 3 years.
Why is this copypasted paragraph trending??