BTC-e, who were shutdown in July, have made good on their promise to return with the launch of the new WEX exchange.

Which looks pretty much exactly like BTC-e in design and functionality and according to a Twitter post by the team behind it, this is the result of a months work beginning shortly after the
July raid by US Authorities.

"We thank all ex-users of BTC-E for their patience at such a difficult moment for all of you guys. We on our part have spent a lot of efforts and energy to create a new platform for trade in the shortest time limits. Our platform will operate according to AML/KYC laws and world legislation in this field. " - WEX Team

Notably in the statement from the WEX exchange website, they plan to abide by all anti-money laundering and know-your-customer laws that govern their operation and the jurisdictions governing their user base.

WEX claims they are unrelated to BTC-e but anyone with half a brain can clearly see it's the BTC-e platform with a new coat of paint.

BTC-e 2014 Compared to WEX - 2017


Additionally the BTC-e users are already present on the platform and mention of bonus tokens (to repay those who lost money on BTC-e) can be found in their website statement.

"We thank all ex-users of BTC-E for their patience at such a difficult moment for all of you guys. We on our part have spent a lot of efforts and energy to create a new platform for trade in the shortest time limits."

BTC-e stated in August it would relaunch in September after being shutdown in July on a 21-count blast from the United States packed with a $110 million dollar fine (seems a bit extreme) and led to the arrest of Alexander Vinnik in Greece believed to be the mastermind behind an alleged 4 billion dollar money laundering scheme and operator of the BTC-e exchange.


Thus, the answer and fulfillment of the latter appears to be ... WEX.





Article by dinbits
Image Credits:
Banner Image by dinbits.com staff


The opinions expressed by authors of articles linked, referenced, or published on dinbits.com do not necessarily express, nor are endorsed by, the opinions the of dinbits.com or its affiliates.



Post a Comment

Powered by Blogger.