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jamie.redman1
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[2017-08-04] Australian Trader Loses $430K at BTC-e: ‘Nothing Illegal Tied to My Funds'

Fri Aug 04, 2017 10:58 pm

This week news.Bitcoin.com spoke with Jack Kingston, a cryptocurrency trader from Melbourne, Australia, who lost $430,000 USD worth of bitcoins at the exchange BTC-e. Mr. Kingston was quite surprised when he tried to log in one day, and the exchange was “under maintenance.” However, the Australian trader was even more astonished to find out the U.S. government painted all of the platform’s users as criminals and took his money.

"Yes a shitload of money, $430K USD. I’m not in the position of where I am struggling and such, but that’s neither here nor there."

Read More Here >>> https://news.bitcoin.com/australian-tra ... -my-funds/

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GreyWyvern
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Re: [2017-08-04] Australian Trader Loses $430K at BTC-e: ‘Nothing Illegal Tied to My Funds'

Fri Aug 04, 2017 11:05 pm

Man, sucks to be that guy. D:
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Re: [2017-08-04] Australian Trader Loses $430K at BTC-e: ‘Nothing Illegal Tied to My Funds'

Fri Aug 04, 2017 11:19 pm

Did he detail if he frequently day traded with funds of that size? Anyone that holds that many coins generally knows not to leave them on an exchange for any unnecessary length of time.

Super duper unfortunate. I would have thought people learned from the Mt. Gox debacle.

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Re: [2017-08-04] Australian Trader Loses $430K at BTC-e: ‘Nothing Illegal Tied to My Funds'

Sat Aug 05, 2017 11:47 am

God I'm so happy I stopped using that exchange. Feel for the honest people who got robbed.
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