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I was around during MtGox too. This is nothing like MtGox. The difference is frozen funds. MtGox froze people's money. Bitfinex hasn't. Simple as that.
by darawk 9y ago
I was around during MtGox too. This is nothing like MtGox. The difference is frozen funds. MtGox froze people's money. Bitfinex hasn't. Simple as that.
- MrRadar 9y agoHuh? This is pretty much exactly like Mt. Gox. At first Mt. Gox only suspended people's ability to withdraw USD, like Bitfinex. Then they suspended people's ability to withdraw BTC (apparently people have been experiencing delays getting crypto withdrawals to go through on BFX recently?). Even then they still allowed people to send money between accounts within the exchange, which resulted in a secondary market of people buying "Goxbux" from other people with money stuck in the exchange (at a discount, of course; basically betting that Mt. Gox was actually solvent).
- darawk 9y agoI can withdraw crypto from Bitfinex just fine and have done so recently. Taiwanese fiat withdrawals process just fine. In this case, we have confirmation that their foreign wire transfers are legitimately frozen. They're not lying about that. I don't see much comparison to MtGox at all.