WARNING: HitBTC stole 5Btc deposit, even after I provided everything they asked for 2+ months!

This is a WARNING to anyone who uses HitBTC.

I sent a 5 Btc deposit over 2 months ago which they froze and asked me for a scan of my Passport + a photo of me holding a piece of paper which I sent them.

After a week of not hearing back, I messaged them again and they asked me the origin of the funds which I explained.

More time passed with no news, and I messaged them again and they asked me for my social media information which I gave them.

Last week they completely suspended my account and closed my support tickets, and they have not been replying to me at all anymore.

I have given them everything they have asked from me and they have still not released my funds after 2+ months!

If anyone from HitBTC is reading this, my requests tickets are #221775, #267139 and #274005.

PLEASE UNFREEZE MY COINS AND STOP SCAMMING PEOPLE!

submitted by /u/awesomedan77
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Bitcoin – The Currency of the Internet

Philippines Regulator Issues Warning to Cloud Mining Participants (news.bitcoin.com)

This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined as “securities.”
Also read: ‘Cryptomatoes’ Using Excess Mining Heat to

Bitcoin

Paypal’s Warning Email To Stop Trading Crypto Has Been Proven To Be Fake.

Fake emails telling users that they couldn’t use PayPal for cryptocurrency trading were sent to many PayPal users.

On March 16th 2018, these phishing emails were sent to many cryptocurrency users. These emails claim that trading cryptocurrencies is prohibited under PayPal’s Acceptable Use Policy, and ask the user to stop using PayPal for cryptocurrencies.

https://stopthefud.wordpress.com/2018/03/16/alert-paypal-phishing/

(Reddit wouldn't let me submit this as a link)

submitted by /u/trontonian
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Bitcoin – The Currency of the Internet

SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning (news.bitcoin.com)

SBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards.
Also Read: 

Bitcoin

Bitcoin: FBI issues stark warning of TERRIFYING internet scam to blackmail investors

THE FBI has issued a stark warning about an online scam in which people are threatened with death unless they hand over all of their bitcoin, and have revealed a terrifying email sent to one victim. By Matt Drake. PUBLISHED: 05:00, Sat, Jan 27, 2018 | UPDATED: 05:12, Sat, Jan 27, 2018 …
Google Alert – bitcoin

***** WARNING ****** DO NOT SEND ANY (LARGE) SUMS TO COINBASE. $40,000 wire transfer missing since 12/18 with ZERO response

The question is- why would you ever trust this company? How do you not reach out to a customer who trusted you with this amount of money? Is this who you want to be dealing with if/ when the shit really hits the fan in the cryptocurrency space ? It is a total sham(e), I would have absolutely been a customer, and likely an active one long term. For all those who have had positive experiences with Coinbase- that's great, but don't assume it will not happen to you at some point, especially when liquidity goes to hell after a crash. If they can't help a newer customer willing to put in a large amount of funds, why will they help those who put in less. No, I did not deposit this amount without depositing a smaller amount first, which went through, so assumed the systems were fine, and hey worst case the wire is rejected …. WRONG. Don't assume it won't happen to you!! Yes I filed a CFPB and state Financial Institutions complaint. Yes I called a zillion times. Yes I did everything they instructed on their "customer support" site. Never in my wildest dreams did I think this could happen in this country. This company has reared its ugly face as a total fraud and/or perhaps a total Ponzi scheme. How in the world do you return other wires from 5 days ago before addressing ones from more than a month ago, never mind the amount! Let this be a warning to you all, I would not wish this on ANYONE.

ADDENDUM: I attempted to transfer to my GDAX account, but the wire goes through the associated Coinbase account, and shows up as a Coinbase deposit (had transferred funds before), hence the references to Coinbase.

submitted by /u/suasponte26
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Bitcoin – The Currency of the Internet

Kucoin Issues a Warning After Bitcoin Diamond Soars 40x and Then Crashes

Ever since the arrival of bitcoin cash, forked coins have been en vogue. While BCH has succeeded in gaining traction, not only on exchanges, but also in the real world, the stragglers have struggled. There is little evidence that the likes of bitcoin gold and bitcoin diamond are used for anything other than …
Google Alert – bitcoin