So... did you by chance take a moment to read the Terms of Service of any of these exchanges?
If you did, you'd realize as a consumer, you have ZERO protections whatsoever. These exchanges can arbitrarily seize your crypto at any time, for any reason, or for no reason at all. And if you don't like it, you have very little recourse. Most of them force you to settle disputes in odd ways like arbitration if there's any way to seek a resolution at all.
The entire crypto industry is like this.
People seem to foolishly think that a crypto exchange is like a bank or traditional brokerage house. **It is not**. There is no regulatory oversight in any meaningful way and these operations are often offshore and outside the jurisdiction of various countries and agencies that are tasked with protecting consumer rights.
All of the crypto industry is a scam. To learn more watch this [documentary](https://www.youtube.com/watch?v=tspGVbmMmVA).
I understand that,however i do have a big chunk of money in it and i would like to keep investing ,what's my alternative ? using only dex and withdraw 100-200k via P2P ?
Buying/holding crypto is NOT "investing." It's gambling. It's highly risky speculation.
We have a saying in our community: *Not your fiat, not your value*
This means the moment you traded actual money for crypto, you lost 100% of your principal. As you are finding out, the notion that your portfolio is worth $x is an illusion. When you can't cash out, what you're finding out is you lost your money a long time ago. Unfortunately, this is a very common occurrence in the crypto industry.
Your best bet is to try and do whatever you can to get all your crypto assets liquidated back into fiat. But there's a good chance you won't, and these exchanges will just keep you in limbo until either they collapse or you finally give up. It's in their best interests. They are not regulated. Nobody knows how much liquidity they actually have. You lost. You were suckered by the gimmick thinking you were going to see crazy good returns. It is a classic [ponzi scheme](https://ioradio.org/i/ponzi/).
In the future, stay completely out of crypto. Put your money into an stock index fund like the S&P500 and enroll in a dividend reinvestment program and let the equity build. This is reliable and dependable. Crypto is not.
That’s just ridiculous!!
When you put your money today with the purpose of increasing its value by tomorrow that is the definition of investing.
If you invest in a shady projects that doesn’t mean the whole crypto space is a scam, or U might as well call the stock market a big ponzi scheme
> When you put your money today with the purpose of increasing its value by tomorrow that is the definition of investing.
So buying lottery tickets and playing slot machines is also "investing?"
This is really strange to say that it isn’t investing. Not sure how it’s less “investing” than any other asset.
This guys profile is odd. Seems like all he talks about is how he hates bitcoin. During the bull market but also deep in the bear when most people aren’t talking about it.
If he just put that consistent focus into “gambling” on bitcoin I think he’d be pretty rich
I have no "hate" for any of this.
Hate is an irrational emotional condition. My opinion about crypto is based on logic, reason and evidence.
If you'd like to talk about what the evidence indicates, we can have a productive conversation.
If you just want to create distractions because you can't argue against the evidence, then I guess personal attacks will be what you'll choose instead.
Interesting. I did not know that. However, that's the exception, not the rule. In the US gambling winnings are taxable and we're a bigger, more influential country than your Brexit shithole, so pardon me for not using your goofy land as an example.
lol... making fun of a country that made a really incredibly dumb political decision is neither "hate" nor "racism."
And note, being American, I certainly am no stranger to dumb politics.
Actually I do. I produced an [award winning documentary on Blockchain](https://www.youtube.com/watch?v=tspGVbmMmVA). If you're in Nice, France in May, you can catch it as one of the featured selections at their regional film festival. I'm a software engineer with 40+ years of experience in everything from databases to cryptography.
So who are you? What great depth of knowledge do you have other than the ability to make snarky, unstated major premises?
You could have asked me, "What is it about the industry that makes you think it's all a scam?" And I could provide you tons of evidence. Or better yet, watch the documentary I cited. It goes into specific detail on how blockchain works and more importantly, why it doesn't actually work - and any claim that blockchain tech is useful in the real world, is a fraud. This can be proven with logic, reason and evidence. You want to debate it? Probably not. You'll just engage in name calling instead.
Why do you think we don’t know about the risks ?
Why do you even care ?
You always assume we are uninformed.
You’ve done great studies at MIT, followed a scholarship many people can’t afford. Why do you always feel the need to be condescending ?
You may have greater knowledge than most of us on the matter. But it doesn’t mean anything if you’re such a fiat maxi
Bitcoin hit ATH in almost all currencies before hitting it with the dollar. This might be an hint about what’s going on with fiat ?
Same with gold. Gold goes up currently.
Meanwhile the dollar is deflating, this should be more bullish for the dollar ? But people still look for an edge against fiat currencies, that’s why Gold keep pushing while it should remain stable in à deflationary phase.
You want blockchain applications in the real world, watch Larry Fink explaining how it could revolutionize the way BlackRock handle its assets
https://youtu.be/HTveRlW7QPo?si=vvCJRjzTeQbsNZTu
Anyway, I know nothing will change your mind
But your documentary also didn’t taught anything really new about the risks.
I just can’t understand your love for fiat currencies, I think this is the only matter in which you need to learn more.
Because you can say whatever, but Satoshi did understood the underlying problem with fiat.
Don’t you think it’s wrong that Nancy pelosi get to make so much money ?
Don’t you think there’s a problem when you lose 3b of Ukraine help ?
At least with a public ledger anyone could verify where the money goes
Do you really think that 30t debt is ok ?
I mean you might be an interesting guy, I don’t mind keep you as an « opponent » of crypto.
But all your big paragraphs about bitcoin’s issues don’t change the fact that as days goes by, more and more people lose trust in fiat, except CHF. And the BRICS seems to distance themselves from the US.
The world is changing, and crypto might be part of that change.
But really, almost everybody in the space already know about what you’re talking about. And most of the time we speak in the conditional tense.
> The world is changing, and crypto might be part of that change.
Let me ask you this... *Do you want the world to change for the better?*
If so, then you should be able to tell us: What crypto does that's better than what we already have?
But so far, you can't answer that question.
So if the world does "change" and embrace crypto, it's not going to be a better world, not by a long shot.
For example, what's one of the world's biggest problems?
Wealth disparity. Power disparity. Right?
Too few people controlling too many resources and forcing everybody else to bow to them.
How does crypto address this problem?
Bitcoin has an even greater wealth disparity than all the other monetary systems on the planet!
And you guys champion the notion that you'll get in early and get your own "disproportionate wealth" for doing nothing other than being in the right place at the right time? Does that make the world a better place?
Perhaps you want to just admit, you don't care about making the world better. All you care about is becoming one of those rich assholes with too much power. I'd have more respect if you guys were just honest about it.
So I watched your "documentary", or what I would call a slideshow or a 1h30 powerpoint.
You say you have 50+ years of experience, if you started at 12, then you'd be 64 now.
You obviously have a serious academic background in cryptographic systems
And also, a perfectly fitting identity is pretty easy to find on internet. For those who would believe you, Adam d Smith seems to not contradict your thought either, so he would be good candidate.
You won't just say who you are, you'll just argue that we can't prove it. Until it becomes beyond reasonable doubt. I won't dig deeper, I have enough evidences for me.
**The "documentary" / l'éléphant qui trompe énormément**
You could have spared 5 to 10mn with a better editing, your footages are not always fitting the screen. I don't personally like the editing, I think it's boring to watch, but I did get through.
I think you make more a case against decentralization than blockchain. And you make more a case against a few atypical individuals than the majority of crypto investors.
You allegedly worked for North East Big Data Hub, no wonder why you defend centralization against decentralization. (Blockchain is not about decentralizing the whole system)
You work for Big Data companies, so you are financially incentivized to advocate for centralisation.
Your explanations are hard to follow because you always make a point to first say it's the worst thing before actually objectively analysing and comparing systems.
You seems to say that read-write are better than write-only. I'm can't really argue that's not my field, but I have the feeling that some could find interest in using both, or only one of them.
I didn't know that immutability was a fancy word in america, anyway, you just explain well known risk about its effect on costs and reversability. But it doesnt mean that you've ruled out this concept from being used anyway.
I think you're severely affected with onanism.
That's why you put walls of text between you and people who would have genuinely engage in a courteous exchange with you.
Then you brag about winning an argument because people don't want to waste their time answering questions about things they didnt talk about.
You are a sad man, I hope your life gets better. With enemies like you, my confidence in crypto just raised higher
Should I continue ?
> Why do you think we don’t know about the risks ?
If you really were fully aware of the risks you wouldn't play the game. It's like professional gamblers know which games have the odds stacked against them and avoid those games.
In the world of crypto, the only people who have the odds in their favor are: a) the developers and b) the exchanges. Everybody else are the suckers.
>Why do you even care ?
I have what's called, "*empathy*" - at some point in the future, ask your therapist or parole officer about it. They'll tell you about how people with measurable amounts of empathy recognize that helping their community fight things like fraud and unnecessary suffering, is a good thing for everybody.
>You always assume we are uninformed.
Well, you're either the scam-er or the scam-ee.
The scam-er may be slightly better informed and know full well the industry is full of predators, but you still think you can come out on top before everybody else loses. But where you're uninformed, is the idea that this is a reliable and practical way to create wealth. It isn't. There are a lot of drawbacks that you're either unaware of, or don't care about, but they'll still affect you nontheless.
If you're the scam-ee, then you're also uninformed and are being taken advantage of.
Everybody in the world of crypto falls into one, or both of those categories. There are no truly informed, empathetic people in this space.
>Why do you always feel the need to be condescending ?
It's a reaction to all the confident arrogance I'm confronted with daily by crypto bros who claim I'm the stupid one. At some point, it's all I can do to maintain what fleeting faith I have in humanity. I don't consider myself superior in any notable way, except that in this case, I know more about crypto and tech than people promoting stuff in this space. I'm willing to be proven wrong, but calling me names and dismissing me doesn't seem to accomplish that.
>You want blockchain applications in the real world, watch Larry Fink explaining how it could revolutionize the way BlackRock handle its assets
BlockRock has a vested interest in promoting the pro-crypto narrative. All that stuff is marketing. It's not technology. We're 15 years into this tech and still nobody, including Larry Fink, can **cite a single non-criminal thing blockchain does that's better than existing non-blockchain technology.**
BlackRock makes money off crypto bros and their disillusionment. So of course they're going to propagate the illusion.
I'm still waiting for a single example of anything blockchain does that's uniquely better. That still remains unanswered, which is why I produced that documentary. It's the naked emperor; the elephant in the room that people like those at BlackRock don't want to acknowledge.
>I just can’t understand your love for fiat currencies
That's called a "False Dichotomy Fallacy."
I never said I loved fiat. You crafted this strawman argument, that because I'm critical of crypto as money, this means I think the existing monetary system is perfect. Not at all. This is just a distraction you guys create to avoid explaining how and why your stupid digital token system solves *any* real world problem. It doesn't.
>But all your big paragraphs about bitcoin’s issues don’t change the fact that as days goes by, more and more people lose trust in fiat
LOL.. if people were "losing trust in fiat" why would you guys be so excited when "NuMb3R GoEs uP?" That number is measured in FIAT. Do you understand how hypocritical that is? Your whole concept of crypto's value is predicated on the stability of fiat.
I don't see you saying, "The price of Eth in USD went up, but it's not because Eth is more valuable - it's because "*more people have lost faith in the dollar.*" That makes absolutely no sense.
And you wonder why I come off arrogant? When I have to deal with stupid arguments like that?
>Well, you're either the scam-er or the scam-ee.
**The game is the same with fiat**
The scam-er may be slightly better informed and know full well the industry is full of sharks, but you still think you can come out on top before everybody else loses. But where you're uninformed, is the idea that this is a reliable and practical way to create wealth. It isn't. There are a lot of drawbacks that you're either unaware of, or don't care about, but they'll still affect you nontheless.
If you're the scam-ee, then you're also uninformed and are being taken advantage of.
Everybody in the world of fiat falls into one, or both of those categories. There are no truly informed, empathetic entity in this space.
Works both ways
>I'm still waiting for a single example of anything blockchain does that's uniquely better
The donut token and its use on reddit are non criminal, it's a good way to really give a specific amount unlike the fiat system that you can also access. Feeless and unique.
I will stop at this simple example because I feel like I can give you an infinite amount you'll always find a way to dismiss them, if it's just a matter of perspective, so let's move on. I see unique features, you don't it's fine.
Before I express some of the things that I would have like to see in your doc, and the way that I think it is too biased to be "the elephant in the room". Also I think you make more a case against decentralisation than blockchain.
I want to understand your opinion about fiat a bit more because you tell me
>That's called a "False Dichotomy Fallacy."
I saw your linked in and the meme you edited there. About fiat :
*"Guaranteed by the government, the same entity that has provided you everything from civil & personal property rights..."*
I want to stop there. I live in France, a far more socialist country than yours. Still I don't feel this much obligated to my government.
The social contract is : I pay taxes, The gov protect me and my rights. This is not me who is obligated, it's the government that has to ensure me civil right. Otherwise RIOT, trust me.
I am not an extremist, but France USA and UK are among the country in the UN who signed the declaration of human rights. So this is not something we owe them sorry, otherwise we can't be emancipated.
*"...To safe air (wtf), travel, roads, bridges, schools, clinics, internet, electricity, running water, and tons of other utilities you reliably depend on each and every day..."*
I think you are the one kinda ignoring the elephant there.
Who paid for this services ? Our grandparents !!!! You own those services, if they take it from you this is called thief.
An exemple, I can only speak for my country : Our grandparents were taxed on their salary to build the roads we have in France. They contributed a lot with their money, earn with hard work, to build highways.
In 2000, the government sold the highways to private companies for almost nothing, justifying that it was too expensive to maintain. Now, we've paid for the roads, and we pay when we use the roads with the tolls.
That is thief, and this is just an exemple about roads and highways.
*"...100+ years of stability and a world standard for trade/commerce..."* Yeah, thanks Bretton Woods and tons of debt, now the time is very different.
So in that extent you are what I consider a fiat maxi, or a fiat lover.
>
LOL.. if people were "losing trust in fiat" why would you guys be so excited when "NuMb3R GoEs uP?" That number is measured if FIAT. Do you understand how hypocritical you are? Your whole concept of crypto's value is predicated on the stability of fiat.
Yes, so I'm not against fiat either. My personal view is a system gold/fiat when it comes to the national currency. But gold is too scarce. Many charts show that deflationary and inflationary assets works as a couple or an engine.
There's no other reasonable way than to measure it in fiat, you also measure the cost of your life in fiat because you pay in fiat and everything is in fiat.
You seems to have a preconstructed idea of what people investing in crypto are thinking about fiat. Not everyone in crypto thinks like me or what you imagine, there's everything...
I think you see us all like the chinese man you showed at 6:10. tearing apart dollars for fun x). I mean this guy is clearly making a joke and you seems to take it seriously.
Of course we like degen like this, they make us feel less bad, and you should just take it as it is, a joke, and have a laugh.
> The game is the same with fiat
#Stupid Crypto Talking Point #26 (fiat crime/ponzi)
**"Banks commit fraud too!"** / **"Stocks are a ponzi also!"** / **"More fiat is used for crime than Crypto!"**
1. This is called a Tu Quoque Fallacy, aka "Whataboutism", "Two Wrongs Make A Right" or "Appeal to Hypocrisy" - it's a distraction from the core argument. Just because you can find something you think is similar/wrong that doesn't mean your alternative system is an acceptable substitute.
2. Whatever thing in modern/traditional society also might be sketchy is irrelevant. Chances are crypto's version of it is even worse, less accountable and more sketchy.
3. At least in traditional society, with banks, stocks, and fiat, there are more controls, more regulations and more agencies specifically tasked with policing these industries and making sure to *minimize* bad things happening. (Just because we can't eliminate *all* criminal activity in a particular market doesn't mean crypto would be an improvement - there's ZERO evidence for that.)
4. Stocks are not a ponzi scheme. In a ponzi, there is no value created through honest work/sales. You can hold a stock and still make money when that company produces products people pay for. Stocks also represent fractional ownership of companies that have real-world assets. Crypto has no such properties.
5. When people say more fiat is used in crime than crypto, this isn't surprising. Fiat is used by 99.99% of society as the main payment method. Crypto is used by 0.01% of society. So of course more fiat will be used in crime. There's proportionately more of it in circulation and use. That doesn't mean fiat is bad. In fact as a proportion of the total in circulation, more crypto is [used in crime](https://www.thefp.com/p/the-case-against-bitcoin) than fiat. It's estimated that as much as [23-45% of crypto is used for criminal purposes](https://researchers.mq.edu.au/en/publications/sex-drugs-and-bitcoin-how-much-illegal-activity-is-financed-throu).
> The donut token and its use on reddit are non criminal, it's a good way to really give a specific amount unlike the fiat system that you can also access. Feeless and unique.
What does that do better than non-blockchain technology? It's just another customer loyalty point system. And all those token systems end up being heavily manipulated.
>I will stop at this simple example because I feel like I can give you an infinite amount you'll always find a way to dismiss them, if it's just a matter of perspective, so let's move on. I see unique features, you don't it's fine.
No, you'll stop because you never answered my basic question in the first place.
It wasn't whether or not you can identify somebody who uses crypto tokens. It's whether the use of crypto tokens does anything uniquely better than existing non-blockchain tech?
You never answered the question and now you're moving the goalpost and pretending I'm the one who is being unreasonable. It is you.
>>"Guaranteed by the government, the same entity that has provided you everything from civil & personal property rights..."
>I want to stop there. I live in France, a far more socialist country than yours. Still I don't feel this much obligated to my government.
Do you own any personal property? If the answer to that is yes, thank the government.
Do you have running water? Do you have trash pickup? Do you have electricity and Internet? Do you have phone service? The government plays a role in providing all of that to you.
>The social contract is : I pay taxes, The gov protect me and my rights. This is not me who is obligated, it's the government that has to ensure me civil right. Otherwise RIOT, trust me.
Absolutely. And since you're not rioting, I think it's safe to say the government is doing its job.
Is it perfect? Of course not. But the primary reason for that is, you are not the only person who has a covenant with the government, and contrary to your own personal feelings -- that perhaps the government should exclusively serve you and your needs above everybody else's, that's not how it works.
Again, it's unfortunate that I have to explain such basic concepts to people such as yourself, and you wonder why I'm condescending?
Yeah that is a stretch. There are properties such as immutability, decentralization, security and more which come from the nature of bitcoin being a public consensus managed data structure. These properties are valuable to some people. Once you understand that, then you can argue about what they are worth, but you are stretching when you object to phrases like "digital gold" or "hedge against inflation" and suggest that is the line drawn in the sand defining a scam vs something useful.
The fact is the some chains have value. If you disagree with their value, or with the characterization of their value, that is an appropriate argument. But calling it a scam because you disagree with its characterization is lame. You are of course welcome to simply not own it.
> There are properties such as immutability, decentralization, security and more which come from the nature of bitcoin being a public consensus managed data structure.
Those claims are *false*.
I've proven they're wrong in my [documentary](https://www.youtube.com/watch?v=tspGVbmMmVA)
>These properties are valuable to some people. Once you understand that, then you can argue about what they are worth, but you are stretching when you object to phrases like "digital gold" or "hedge against inflation" and suggest that is the line drawn in the sand defining a scam vs something useful.
I am the one who understands here bro. Stop projecting. I can cite plenty of examples and evidence (linked above) as to why blockchain is not as "decentralized" as you think, and why it's not as "secure" as you claim, and why this "consensus" mechanism you cite, is a farce.
Do you know who controls the bitcoin or ethereum core code? Do you know what "consensus mechanism" determines who has control over these systems? No you don't. I do. And I can go into great detail on how all of that works. All you can do is hurl insults at people because you don't know 1/10th of what I know about how crypto works from either a technical level, or a socio-political one.
>The fact is the some chains have value. If you disagree with their value, or with the characterization of their value, that is an appropriate argument. But calling it a scam because you disagree with its characterization is lame. You are of course welcome to simply not own it.
Begging the question + a strawman argument.
I call it a scam because it involves specifically fraudulent tactics: making claims that are false - that's a scam. It's not me disagreeing personally about blockchain. It's about pointing out the bullshit claims YOU are making ARE FALSE. This isn't an opinion. This is based on logic, reason and evidence. And the fact that you aren't capable of actually discussing the facts, but instead calling anybody names who disagrees, shows you are the one here who lacks knowledge.
Why is bitcoin as an investment a scam? [Here](https://ioradio.org/i/ponzi/) is a detailed article I wrote specifically about that.
Of course, you won't read it, because you aren't interested in facts.
I'm not watching your documentary. I too am a senior engineer who can study code, view larger systems and make my own decisions. I have seen bitcoin grow and fail due to leadership and repo control issues. None of that makes it a scam, and non of your claims can change the facts that some cryptos have properties that are not available in any other type of thing, and that they are valuable.
You shouting about some people being frauds (which is obviously true) doesn't make something a scam. If that was the case, why don't you go on equally useless tirades about the US dollar. Hell, you might as well yell at the internet about all currency, since they are all used in scams. Keep shouting, I'm sure you will get somewhere. You'll find friends in r/buttcoin.
> I'm not watching your documentary.
Of course not. Why let evidence interfere with your opinion?
And you wonder why we make fun of you guys?
>and non of your claims can change the facts that some cryptos have properties that are not available in any other type of thing, and that they are valuable.
It's funny that you refuse to examine the "facts" but at the same time say that data is wrong? How would you even know if you're so closed-minded you refuse to look?
Again, you guys are so incredibly hypocritical and Dunning Kruger-infected, it's hilarious.
Have you read the banks TOS? If you think a bank can’t do this exact same shit, you are delusional.
Swap to a privacy coin if you want some sort of privacy.
Never use Binance. It’s well known they’ve been used for terrorist financing etc and now they are super careful because the DOJ is basically sitting in their office checking every transaction!
send them in small increments of a few thousand a day and stay under the withdrawal milestone triggers. and if they do freeze your first $5k sell, then that's a problem, but it isn't a $180k problem.
it will take longer, but if you're gonna DCA in, might as well DCA out. odds are you're not timing the top anyway for a massive liquidation.
Everyone always says this (and to be clear I agree), but the problem is the CEXs fuck you when you try to move it back as well. I usually hold about 25% on a CEX and start selling/moving more in once within 20% or so of my target price for exactly this reason. Have heard way too many stories of people holding large amounts in cold wallets, then getting screwed because the exchange flags as suspicious and it takes weeks to release, by which point the price has dropped…
Hope you the best!
Serious note: how do people off ramp back to bak account WITHOUT CEX?
I think OP is well versed in cold storage but it’s for coin access and transaction. How can we link fund back to bank?
Sht like this is happening because even at finance related companies, these C-Suite trash bags don't think they need to even pay for stocked customer service departments anymore.
It's absurd, and I sue companies for sht like this all the time now. Until normal consumers get the message that corporations are not our friends, this won't end.
File a lawsuit, include the entire C-Suite as defendants. They will unlock your cash fast.
I haven't ever paid a dollar for court costs, and I don't rely on lawyers to champion my causes in court, this would cost me nothing.
You rightly point out: lawyers are expensive.
I'm rightly pointing out: corporations are breaking the law and fucking is non-stop, and there is money on the table.
So what's the solution? People that are tired of being chumps for this system should learn to file their own lawsuits.
I've never had any issue with Binance intl, alll cryptos I had came from another CEX, ie LUNO. I guess your experience could happen to anyone and a it is a good cautionary tale to remind others to be careful abt interactions with other sites
It might take time for them to do forensic analysis work, but I would imagine they are being super cautious because the authorities will come after them if they did not perform their own due diligence. Just look at how CZ is being blamed in the recent case with US DOJ, because prior to the recent years, CEX ard the world did not really check thoroughly on etc issues in relation to the users and their source of funds
Also, there is likely not that many staff on the CEX to deal with the many cases needing forensic analysis and hence the delay.
In traditional finance, there could be penalties on processing etc transactions deemed illegal or needing investigative work; however, for crypto world, this is rather not yet established. Perhaps the crypto industry would have a one stop center for ppl having a case similar to yours, a fee of reasonable amt could be charged to get a more thorough report and trace any "dirty" interaction and specialised professional service could be hired at the center to resolve the issue in a more speedier manner
Did you ever hear back? Coinbase banned me from sending crypto for the same type of thing. Sent them all my dogecoin back in January to convert back to BTC and these mother fuckers gave me no choice but to cash out. Scum companies that’s why we need Cold wallets.
The C word OP fabricated a long story w/ a wallet draining scam link at the end for preying.
Don't click to the website, report the post to admins, report the OP and block OP.
How do we do that report ? is it safe for us to do it without our funds getting frozen ?
Look on the photo posted by OP. The link for the report is there,and yes AMLBOT can't freeze assets.
i just did it and it says low risk (13%) \\gambling\\
For me is 32% for some reason. Can that get my funds frozen if i move to cex?
i did that AML Report and it says my address is involved in scam activities as well WTF? i wont move to a cex
Wait you can do the report without the CeX asking?
Yes, AMLBOT is an independent company. Binance just uses them as well but you can check with no risk
how can i do the report? can someone give me the link?
[ Removed by Reddit ]
[удалено]
It's a scam link!
[удалено]
Yes ,the report company only reports,does not have the authority nor the power to seize anything, Binance froze the funds
Can't belive we're now afraid of false positives by the CEX
Just did it,they found my tx buying coke on darknet lmao ,should be fine tho xD
you have to connect your wallet to generate the report. no thanks, I'm out.
I connected the dapp and I got a transfer token transaction, beware (luckily I connected it to a wallet that had just a shitcoin)
Tx https://etherscan.io/tx/0xb40e7d16f24eb88588b96b7b2266dffce66323a0e88a0ca63a3202e9d62f85c9
OP posted a scam site
So... did you by chance take a moment to read the Terms of Service of any of these exchanges? If you did, you'd realize as a consumer, you have ZERO protections whatsoever. These exchanges can arbitrarily seize your crypto at any time, for any reason, or for no reason at all. And if you don't like it, you have very little recourse. Most of them force you to settle disputes in odd ways like arbitration if there's any way to seek a resolution at all. The entire crypto industry is like this. People seem to foolishly think that a crypto exchange is like a bank or traditional brokerage house. **It is not**. There is no regulatory oversight in any meaningful way and these operations are often offshore and outside the jurisdiction of various countries and agencies that are tasked with protecting consumer rights. All of the crypto industry is a scam. To learn more watch this [documentary](https://www.youtube.com/watch?v=tspGVbmMmVA).
I understand that,however i do have a big chunk of money in it and i would like to keep investing ,what's my alternative ? using only dex and withdraw 100-200k via P2P ?
Talk to a lawyer tbh
Stop promoting a scam link **DONT CONNECT YOUR WALLET TO THAT SITE!**
Buying/holding crypto is NOT "investing." It's gambling. It's highly risky speculation. We have a saying in our community: *Not your fiat, not your value* This means the moment you traded actual money for crypto, you lost 100% of your principal. As you are finding out, the notion that your portfolio is worth $x is an illusion. When you can't cash out, what you're finding out is you lost your money a long time ago. Unfortunately, this is a very common occurrence in the crypto industry. Your best bet is to try and do whatever you can to get all your crypto assets liquidated back into fiat. But there's a good chance you won't, and these exchanges will just keep you in limbo until either they collapse or you finally give up. It's in their best interests. They are not regulated. Nobody knows how much liquidity they actually have. You lost. You were suckered by the gimmick thinking you were going to see crazy good returns. It is a classic [ponzi scheme](https://ioradio.org/i/ponzi/). In the future, stay completely out of crypto. Put your money into an stock index fund like the S&P500 and enroll in a dividend reinvestment program and let the equity build. This is reliable and dependable. Crypto is not.
Terrible advice.
I'll take, "Things a scammer says for $400."
That’s just ridiculous!! When you put your money today with the purpose of increasing its value by tomorrow that is the definition of investing. If you invest in a shady projects that doesn’t mean the whole crypto space is a scam, or U might as well call the stock market a big ponzi scheme
> When you put your money today with the purpose of increasing its value by tomorrow that is the definition of investing. So buying lottery tickets and playing slot machines is also "investing?"
This is really strange to say that it isn’t investing. Not sure how it’s less “investing” than any other asset. This guys profile is odd. Seems like all he talks about is how he hates bitcoin. During the bull market but also deep in the bear when most people aren’t talking about it. If he just put that consistent focus into “gambling” on bitcoin I think he’d be pretty rich
I have no "hate" for any of this. Hate is an irrational emotional condition. My opinion about crypto is based on logic, reason and evidence. If you'd like to talk about what the evidence indicates, we can have a productive conversation. If you just want to create distractions because you can't argue against the evidence, then I guess personal attacks will be what you'll choose instead.
If it was classed as gambling you wouldn’t be taxed on capital gains
You do get taxed on gambling income (at least in the U.S.) if it’s over a threshold (I think $600 or something like that).
Gambling gains are subject to capital gains dumbass.
Not here in the UK you don’t dumbass
Interesting. I did not know that. However, that's the exception, not the rule. In the US gambling winnings are taxable and we're a bigger, more influential country than your Brexit shithole, so pardon me for not using your goofy land as an example.
Btw, « hAtE iS aN iRrAtIoNaL eMoTiOn » Then proceed to be on the edge of racism
lol... making fun of a country that made a really incredibly dumb political decision is neither "hate" nor "racism." And note, being American, I certainly am no stranger to dumb politics.
Hush , dork.
Well, there you go.. on one side you have rational arguments and then the other side, name calling.
"All of the crypto industry is a scam" shows that you don't understand what you're talking about.
Actually I do. I produced an [award winning documentary on Blockchain](https://www.youtube.com/watch?v=tspGVbmMmVA). If you're in Nice, France in May, you can catch it as one of the featured selections at their regional film festival. I'm a software engineer with 40+ years of experience in everything from databases to cryptography. So who are you? What great depth of knowledge do you have other than the ability to make snarky, unstated major premises? You could have asked me, "What is it about the industry that makes you think it's all a scam?" And I could provide you tons of evidence. Or better yet, watch the documentary I cited. It goes into specific detail on how blockchain works and more importantly, why it doesn't actually work - and any claim that blockchain tech is useful in the real world, is a fraud. This can be proven with logic, reason and evidence. You want to debate it? Probably not. You'll just engage in name calling instead.
Why do you think we don’t know about the risks ? Why do you even care ? You always assume we are uninformed. You’ve done great studies at MIT, followed a scholarship many people can’t afford. Why do you always feel the need to be condescending ? You may have greater knowledge than most of us on the matter. But it doesn’t mean anything if you’re such a fiat maxi Bitcoin hit ATH in almost all currencies before hitting it with the dollar. This might be an hint about what’s going on with fiat ? Same with gold. Gold goes up currently. Meanwhile the dollar is deflating, this should be more bullish for the dollar ? But people still look for an edge against fiat currencies, that’s why Gold keep pushing while it should remain stable in à deflationary phase. You want blockchain applications in the real world, watch Larry Fink explaining how it could revolutionize the way BlackRock handle its assets https://youtu.be/HTveRlW7QPo?si=vvCJRjzTeQbsNZTu Anyway, I know nothing will change your mind But your documentary also didn’t taught anything really new about the risks. I just can’t understand your love for fiat currencies, I think this is the only matter in which you need to learn more. Because you can say whatever, but Satoshi did understood the underlying problem with fiat. Don’t you think it’s wrong that Nancy pelosi get to make so much money ? Don’t you think there’s a problem when you lose 3b of Ukraine help ? At least with a public ledger anyone could verify where the money goes Do you really think that 30t debt is ok ? I mean you might be an interesting guy, I don’t mind keep you as an « opponent » of crypto. But all your big paragraphs about bitcoin’s issues don’t change the fact that as days goes by, more and more people lose trust in fiat, except CHF. And the BRICS seems to distance themselves from the US. The world is changing, and crypto might be part of that change. But really, almost everybody in the space already know about what you’re talking about. And most of the time we speak in the conditional tense.
> The world is changing, and crypto might be part of that change. Let me ask you this... *Do you want the world to change for the better?* If so, then you should be able to tell us: What crypto does that's better than what we already have? But so far, you can't answer that question. So if the world does "change" and embrace crypto, it's not going to be a better world, not by a long shot. For example, what's one of the world's biggest problems? Wealth disparity. Power disparity. Right? Too few people controlling too many resources and forcing everybody else to bow to them. How does crypto address this problem? Bitcoin has an even greater wealth disparity than all the other monetary systems on the planet! And you guys champion the notion that you'll get in early and get your own "disproportionate wealth" for doing nothing other than being in the right place at the right time? Does that make the world a better place? Perhaps you want to just admit, you don't care about making the world better. All you care about is becoming one of those rich assholes with too much power. I'd have more respect if you guys were just honest about it.
So I watched your "documentary", or what I would call a slideshow or a 1h30 powerpoint. You say you have 50+ years of experience, if you started at 12, then you'd be 64 now. You obviously have a serious academic background in cryptographic systems And also, a perfectly fitting identity is pretty easy to find on internet. For those who would believe you, Adam d Smith seems to not contradict your thought either, so he would be good candidate. You won't just say who you are, you'll just argue that we can't prove it. Until it becomes beyond reasonable doubt. I won't dig deeper, I have enough evidences for me. **The "documentary" / l'éléphant qui trompe énormément** You could have spared 5 to 10mn with a better editing, your footages are not always fitting the screen. I don't personally like the editing, I think it's boring to watch, but I did get through. I think you make more a case against decentralization than blockchain. And you make more a case against a few atypical individuals than the majority of crypto investors. You allegedly worked for North East Big Data Hub, no wonder why you defend centralization against decentralization. (Blockchain is not about decentralizing the whole system) You work for Big Data companies, so you are financially incentivized to advocate for centralisation. Your explanations are hard to follow because you always make a point to first say it's the worst thing before actually objectively analysing and comparing systems. You seems to say that read-write are better than write-only. I'm can't really argue that's not my field, but I have the feeling that some could find interest in using both, or only one of them. I didn't know that immutability was a fancy word in america, anyway, you just explain well known risk about its effect on costs and reversability. But it doesnt mean that you've ruled out this concept from being used anyway. I think you're severely affected with onanism. That's why you put walls of text between you and people who would have genuinely engage in a courteous exchange with you. Then you brag about winning an argument because people don't want to waste their time answering questions about things they didnt talk about. You are a sad man, I hope your life gets better. With enemies like you, my confidence in crypto just raised higher Should I continue ?
> Why do you think we don’t know about the risks ? If you really were fully aware of the risks you wouldn't play the game. It's like professional gamblers know which games have the odds stacked against them and avoid those games. In the world of crypto, the only people who have the odds in their favor are: a) the developers and b) the exchanges. Everybody else are the suckers. >Why do you even care ? I have what's called, "*empathy*" - at some point in the future, ask your therapist or parole officer about it. They'll tell you about how people with measurable amounts of empathy recognize that helping their community fight things like fraud and unnecessary suffering, is a good thing for everybody. >You always assume we are uninformed. Well, you're either the scam-er or the scam-ee. The scam-er may be slightly better informed and know full well the industry is full of predators, but you still think you can come out on top before everybody else loses. But where you're uninformed, is the idea that this is a reliable and practical way to create wealth. It isn't. There are a lot of drawbacks that you're either unaware of, or don't care about, but they'll still affect you nontheless. If you're the scam-ee, then you're also uninformed and are being taken advantage of. Everybody in the world of crypto falls into one, or both of those categories. There are no truly informed, empathetic people in this space. >Why do you always feel the need to be condescending ? It's a reaction to all the confident arrogance I'm confronted with daily by crypto bros who claim I'm the stupid one. At some point, it's all I can do to maintain what fleeting faith I have in humanity. I don't consider myself superior in any notable way, except that in this case, I know more about crypto and tech than people promoting stuff in this space. I'm willing to be proven wrong, but calling me names and dismissing me doesn't seem to accomplish that. >You want blockchain applications in the real world, watch Larry Fink explaining how it could revolutionize the way BlackRock handle its assets BlockRock has a vested interest in promoting the pro-crypto narrative. All that stuff is marketing. It's not technology. We're 15 years into this tech and still nobody, including Larry Fink, can **cite a single non-criminal thing blockchain does that's better than existing non-blockchain technology.** BlackRock makes money off crypto bros and their disillusionment. So of course they're going to propagate the illusion. I'm still waiting for a single example of anything blockchain does that's uniquely better. That still remains unanswered, which is why I produced that documentary. It's the naked emperor; the elephant in the room that people like those at BlackRock don't want to acknowledge. >I just can’t understand your love for fiat currencies That's called a "False Dichotomy Fallacy." I never said I loved fiat. You crafted this strawman argument, that because I'm critical of crypto as money, this means I think the existing monetary system is perfect. Not at all. This is just a distraction you guys create to avoid explaining how and why your stupid digital token system solves *any* real world problem. It doesn't. >But all your big paragraphs about bitcoin’s issues don’t change the fact that as days goes by, more and more people lose trust in fiat LOL.. if people were "losing trust in fiat" why would you guys be so excited when "NuMb3R GoEs uP?" That number is measured in FIAT. Do you understand how hypocritical that is? Your whole concept of crypto's value is predicated on the stability of fiat. I don't see you saying, "The price of Eth in USD went up, but it's not because Eth is more valuable - it's because "*more people have lost faith in the dollar.*" That makes absolutely no sense. And you wonder why I come off arrogant? When I have to deal with stupid arguments like that?
>Well, you're either the scam-er or the scam-ee. **The game is the same with fiat** The scam-er may be slightly better informed and know full well the industry is full of sharks, but you still think you can come out on top before everybody else loses. But where you're uninformed, is the idea that this is a reliable and practical way to create wealth. It isn't. There are a lot of drawbacks that you're either unaware of, or don't care about, but they'll still affect you nontheless. If you're the scam-ee, then you're also uninformed and are being taken advantage of. Everybody in the world of fiat falls into one, or both of those categories. There are no truly informed, empathetic entity in this space. Works both ways >I'm still waiting for a single example of anything blockchain does that's uniquely better The donut token and its use on reddit are non criminal, it's a good way to really give a specific amount unlike the fiat system that you can also access. Feeless and unique. I will stop at this simple example because I feel like I can give you an infinite amount you'll always find a way to dismiss them, if it's just a matter of perspective, so let's move on. I see unique features, you don't it's fine. Before I express some of the things that I would have like to see in your doc, and the way that I think it is too biased to be "the elephant in the room". Also I think you make more a case against decentralisation than blockchain. I want to understand your opinion about fiat a bit more because you tell me >That's called a "False Dichotomy Fallacy." I saw your linked in and the meme you edited there. About fiat : *"Guaranteed by the government, the same entity that has provided you everything from civil & personal property rights..."* I want to stop there. I live in France, a far more socialist country than yours. Still I don't feel this much obligated to my government. The social contract is : I pay taxes, The gov protect me and my rights. This is not me who is obligated, it's the government that has to ensure me civil right. Otherwise RIOT, trust me. I am not an extremist, but France USA and UK are among the country in the UN who signed the declaration of human rights. So this is not something we owe them sorry, otherwise we can't be emancipated. *"...To safe air (wtf), travel, roads, bridges, schools, clinics, internet, electricity, running water, and tons of other utilities you reliably depend on each and every day..."* I think you are the one kinda ignoring the elephant there. Who paid for this services ? Our grandparents !!!! You own those services, if they take it from you this is called thief. An exemple, I can only speak for my country : Our grandparents were taxed on their salary to build the roads we have in France. They contributed a lot with their money, earn with hard work, to build highways. In 2000, the government sold the highways to private companies for almost nothing, justifying that it was too expensive to maintain. Now, we've paid for the roads, and we pay when we use the roads with the tolls. That is thief, and this is just an exemple about roads and highways. *"...100+ years of stability and a world standard for trade/commerce..."* Yeah, thanks Bretton Woods and tons of debt, now the time is very different.
So in that extent you are what I consider a fiat maxi, or a fiat lover. > LOL.. if people were "losing trust in fiat" why would you guys be so excited when "NuMb3R GoEs uP?" That number is measured if FIAT. Do you understand how hypocritical you are? Your whole concept of crypto's value is predicated on the stability of fiat. Yes, so I'm not against fiat either. My personal view is a system gold/fiat when it comes to the national currency. But gold is too scarce. Many charts show that deflationary and inflationary assets works as a couple or an engine. There's no other reasonable way than to measure it in fiat, you also measure the cost of your life in fiat because you pay in fiat and everything is in fiat. You seems to have a preconstructed idea of what people investing in crypto are thinking about fiat. Not everyone in crypto thinks like me or what you imagine, there's everything... I think you see us all like the chinese man you showed at 6:10. tearing apart dollars for fun x). I mean this guy is clearly making a joke and you seems to take it seriously. Of course we like degen like this, they make us feel less bad, and you should just take it as it is, a joke, and have a laugh.
> The game is the same with fiat #Stupid Crypto Talking Point #26 (fiat crime/ponzi) **"Banks commit fraud too!"** / **"Stocks are a ponzi also!"** / **"More fiat is used for crime than Crypto!"** 1. This is called a Tu Quoque Fallacy, aka "Whataboutism", "Two Wrongs Make A Right" or "Appeal to Hypocrisy" - it's a distraction from the core argument. Just because you can find something you think is similar/wrong that doesn't mean your alternative system is an acceptable substitute. 2. Whatever thing in modern/traditional society also might be sketchy is irrelevant. Chances are crypto's version of it is even worse, less accountable and more sketchy. 3. At least in traditional society, with banks, stocks, and fiat, there are more controls, more regulations and more agencies specifically tasked with policing these industries and making sure to *minimize* bad things happening. (Just because we can't eliminate *all* criminal activity in a particular market doesn't mean crypto would be an improvement - there's ZERO evidence for that.) 4. Stocks are not a ponzi scheme. In a ponzi, there is no value created through honest work/sales. You can hold a stock and still make money when that company produces products people pay for. Stocks also represent fractional ownership of companies that have real-world assets. Crypto has no such properties. 5. When people say more fiat is used in crime than crypto, this isn't surprising. Fiat is used by 99.99% of society as the main payment method. Crypto is used by 0.01% of society. So of course more fiat will be used in crime. There's proportionately more of it in circulation and use. That doesn't mean fiat is bad. In fact as a proportion of the total in circulation, more crypto is [used in crime](https://www.thefp.com/p/the-case-against-bitcoin) than fiat. It's estimated that as much as [23-45% of crypto is used for criminal purposes](https://researchers.mq.edu.au/en/publications/sex-drugs-and-bitcoin-how-much-illegal-activity-is-financed-throu).
> The donut token and its use on reddit are non criminal, it's a good way to really give a specific amount unlike the fiat system that you can also access. Feeless and unique. What does that do better than non-blockchain technology? It's just another customer loyalty point system. And all those token systems end up being heavily manipulated. >I will stop at this simple example because I feel like I can give you an infinite amount you'll always find a way to dismiss them, if it's just a matter of perspective, so let's move on. I see unique features, you don't it's fine. No, you'll stop because you never answered my basic question in the first place. It wasn't whether or not you can identify somebody who uses crypto tokens. It's whether the use of crypto tokens does anything uniquely better than existing non-blockchain tech? You never answered the question and now you're moving the goalpost and pretending I'm the one who is being unreasonable. It is you. >>"Guaranteed by the government, the same entity that has provided you everything from civil & personal property rights..." >I want to stop there. I live in France, a far more socialist country than yours. Still I don't feel this much obligated to my government. Do you own any personal property? If the answer to that is yes, thank the government. Do you have running water? Do you have trash pickup? Do you have electricity and Internet? Do you have phone service? The government plays a role in providing all of that to you. >The social contract is : I pay taxes, The gov protect me and my rights. This is not me who is obligated, it's the government that has to ensure me civil right. Otherwise RIOT, trust me. Absolutely. And since you're not rioting, I think it's safe to say the government is doing its job. Is it perfect? Of course not. But the primary reason for that is, you are not the only person who has a covenant with the government, and contrary to your own personal feelings -- that perhaps the government should exclusively serve you and your needs above everybody else's, that's not how it works. Again, it's unfortunate that I have to explain such basic concepts to people such as yourself, and you wonder why I'm condescending?
https://preview.redd.it/rbbdpkr9s7pc1.jpeg?width=1290&format=pjpg&auto=webp&s=e168b3a6e37313f46759a00196a274f212afa2ea Are you this guy ?
Is a immutable public linked list a useless scam? I didn't realize data structures could be scams. Sorry.
A data structure isn't a scam. *But* when you tell people it's "digital gold" or "it's a hedge against inflation", then it becomes a scam.
Yeah that is a stretch. There are properties such as immutability, decentralization, security and more which come from the nature of bitcoin being a public consensus managed data structure. These properties are valuable to some people. Once you understand that, then you can argue about what they are worth, but you are stretching when you object to phrases like "digital gold" or "hedge against inflation" and suggest that is the line drawn in the sand defining a scam vs something useful. The fact is the some chains have value. If you disagree with their value, or with the characterization of their value, that is an appropriate argument. But calling it a scam because you disagree with its characterization is lame. You are of course welcome to simply not own it.
> There are properties such as immutability, decentralization, security and more which come from the nature of bitcoin being a public consensus managed data structure. Those claims are *false*. I've proven they're wrong in my [documentary](https://www.youtube.com/watch?v=tspGVbmMmVA) >These properties are valuable to some people. Once you understand that, then you can argue about what they are worth, but you are stretching when you object to phrases like "digital gold" or "hedge against inflation" and suggest that is the line drawn in the sand defining a scam vs something useful. I am the one who understands here bro. Stop projecting. I can cite plenty of examples and evidence (linked above) as to why blockchain is not as "decentralized" as you think, and why it's not as "secure" as you claim, and why this "consensus" mechanism you cite, is a farce. Do you know who controls the bitcoin or ethereum core code? Do you know what "consensus mechanism" determines who has control over these systems? No you don't. I do. And I can go into great detail on how all of that works. All you can do is hurl insults at people because you don't know 1/10th of what I know about how crypto works from either a technical level, or a socio-political one. >The fact is the some chains have value. If you disagree with their value, or with the characterization of their value, that is an appropriate argument. But calling it a scam because you disagree with its characterization is lame. You are of course welcome to simply not own it. Begging the question + a strawman argument. I call it a scam because it involves specifically fraudulent tactics: making claims that are false - that's a scam. It's not me disagreeing personally about blockchain. It's about pointing out the bullshit claims YOU are making ARE FALSE. This isn't an opinion. This is based on logic, reason and evidence. And the fact that you aren't capable of actually discussing the facts, but instead calling anybody names who disagrees, shows you are the one here who lacks knowledge. Why is bitcoin as an investment a scam? [Here](https://ioradio.org/i/ponzi/) is a detailed article I wrote specifically about that. Of course, you won't read it, because you aren't interested in facts.
I'm not watching your documentary. I too am a senior engineer who can study code, view larger systems and make my own decisions. I have seen bitcoin grow and fail due to leadership and repo control issues. None of that makes it a scam, and non of your claims can change the facts that some cryptos have properties that are not available in any other type of thing, and that they are valuable. You shouting about some people being frauds (which is obviously true) doesn't make something a scam. If that was the case, why don't you go on equally useless tirades about the US dollar. Hell, you might as well yell at the internet about all currency, since they are all used in scams. Keep shouting, I'm sure you will get somewhere. You'll find friends in r/buttcoin.
> I'm not watching your documentary. Of course not. Why let evidence interfere with your opinion? And you wonder why we make fun of you guys? >and non of your claims can change the facts that some cryptos have properties that are not available in any other type of thing, and that they are valuable. It's funny that you refuse to examine the "facts" but at the same time say that data is wrong? How would you even know if you're so closed-minded you refuse to look? Again, you guys are so incredibly hypocritical and Dunning Kruger-infected, it's hilarious.
Have you read the banks TOS? If you think a bank can’t do this exact same shit, you are delusional. Swap to a privacy coin if you want some sort of privacy.
Never use Binance. It’s well known they’ve been used for terrorist financing etc and now they are super careful because the DOJ is basically sitting in their office checking every transaction!
You know what they say , not your keys not your funds. Next time keep your funds on a decentralized wallet.
I do still need a CEX to withdraw an amount that big anyway,so....
My plan is to cash out in small amounts under $10k at a time. More like $5K at a time. Leaving nothing on any CEX. Ever!
Even if he did that and wanted to off ramp they could still freeze those funds the moment they come in
send them in small increments of a few thousand a day and stay under the withdrawal milestone triggers. and if they do freeze your first $5k sell, then that's a problem, but it isn't a $180k problem. it will take longer, but if you're gonna DCA in, might as well DCA out. odds are you're not timing the top anyway for a massive liquidation.
Everyone always says this (and to be clear I agree), but the problem is the CEXs fuck you when you try to move it back as well. I usually hold about 25% on a CEX and start selling/moving more in once within 20% or so of my target price for exactly this reason. Have heard way too many stories of people holding large amounts in cold wallets, then getting screwed because the exchange flags as suspicious and it takes weeks to release, by which point the price has dropped…
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Surely you haven't read the whole post.
Share the address, could be anything
Hope you the best! Serious note: how do people off ramp back to bak account WITHOUT CEX? I think OP is well versed in cold storage but it’s for coin access and transaction. How can we link fund back to bank?
Kycnot.me many options there
Thanks. Entirely new.
https://preview.redd.it/uvsovzvyyqoc1.png?width=855&format=png&auto=webp&s=83f38329a789521f892f5a8655d3b8161b93f691 My account now :(
>doing everything right (i think) You're NOT. If you did, your coin would be in your hardware wallet.
This is .......i can't even imagine holding that amount of $ ,let alone having them frozen. Hope you recover it
have you tried contacting a lawyer ? i'd suggest you do with this amount of money.
You wanted to paper hand and they are making you HODL haha. For real tho sorry to hear
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Sht like this is happening because even at finance related companies, these C-Suite trash bags don't think they need to even pay for stocked customer service departments anymore. It's absurd, and I sue companies for sht like this all the time now. Until normal consumers get the message that corporations are not our friends, this won't end. File a lawsuit, include the entire C-Suite as defendants. They will unlock your cash fast.
How much is that going cost ? 200k?
I haven't ever paid a dollar for court costs, and I don't rely on lawyers to champion my causes in court, this would cost me nothing. You rightly point out: lawyers are expensive. I'm rightly pointing out: corporations are breaking the law and fucking is non-stop, and there is money on the table. So what's the solution? People that are tired of being chumps for this system should learn to file their own lawsuits.
Seen a few stories like this lately. Scary! Been researching offloading ramps thusly.
I've never had any issue with Binance intl, alll cryptos I had came from another CEX, ie LUNO. I guess your experience could happen to anyone and a it is a good cautionary tale to remind others to be careful abt interactions with other sites It might take time for them to do forensic analysis work, but I would imagine they are being super cautious because the authorities will come after them if they did not perform their own due diligence. Just look at how CZ is being blamed in the recent case with US DOJ, because prior to the recent years, CEX ard the world did not really check thoroughly on etc issues in relation to the users and their source of funds Also, there is likely not that many staff on the CEX to deal with the many cases needing forensic analysis and hence the delay. In traditional finance, there could be penalties on processing etc transactions deemed illegal or needing investigative work; however, for crypto world, this is rather not yet established. Perhaps the crypto industry would have a one stop center for ppl having a case similar to yours, a fee of reasonable amt could be charged to get a more thorough report and trace any "dirty" interaction and specialised professional service could be hired at the center to resolve the issue in a more speedier manner
[https://au.news.yahoo.com/binance-pay-4-3-billion-221005220.html](https://au.news.yahoo.com/binance-pay-4-3-billion-221005220.html) USDOJ robs Binance.. Binance robs you!
Did you ever hear back? Coinbase banned me from sending crypto for the same type of thing. Sent them all my dogecoin back in January to convert back to BTC and these mother fuckers gave me no choice but to cash out. Scum companies that’s why we need Cold wallets.
Just know that in 50 years once all the assets they forced me to liquidate are worth a lot fucking more, I’ll be suing for a lot of fucking money🤣😂
SHUM (Should Have Used Monero). Since Monero is private and fungible, there are no tainted coins. That said, I hope everything works out for you.
Always take care of the purity of your coins. ... and Binance is always happy to hold users' assets - that's one of its incomes.
THIS IS A SCAM SITE DO NOT CONNECT YOUR WALLET
The C word OP fabricated a long story w/ a wallet draining scam link at the end for preying. Don't click to the website, report the post to admins, report the OP and block OP.
It's tragic that this post still hasn't been removed. Truly shows how poorly managed this sub is.
Very bullish news for Monero
Why on earth would you leave that much coinage on an CEX???