BitFunder.com is closing all activities to United States users

The Bitcoin fundraising and trading platform BitFunder.com is closing all activities to the North-American users. The company announced the news through their website, but without providing a real explanation, although it’s easy to guess why they are making this decision. The United States keep applying a strong pressure on every cryptocurrency-related business.

The first part of their announcement says that “as of October 8th [this Tuesday], BitFunder will not accept new registrations from any United States persons or entities”.

The same date is valid for “all current BitFunder users who are located in the United States or are determined to be United States persons or entities”, which will not be able to enter into any new positions on the Bitfunder website from now on. Also, “as of November 1, such users will also not be allowed to sell positions on the BitFunder website”.

If you’re not a United States user, but want to keep your BitFunder.com account, you’ll still have to supply the information required to obtain the ‘verified’ status before November 1. “Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website” as of that date.

According to the website, the clients can withdraw their holdings and Bitcoins from their accounts before and after the first day of November.

Bitcoin Video Crash Course 

Dummy-proof explainer videos enjoyed by over 100,000 students. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.

  Subscribe  
newest oldest most voted
Notify of