18 Apr '13, 2am

Bitcoin exchange BitFloor shuts its doors, promises to return everyone's money

Bitcoin exchange BitFloor is closing its doors, halting trading and announcing that it will return everyone’s funds. In an announcement on its main site , the company’s founder, Roman Shtylman, says that "due to circumstances outside [BitFloor’s] control" it "must cease all trading operations indefinitely." More specifically, BitFloor says that because its US bank account is closing it won’t be able to provide the same level of dollar deposits and withdrawals that it has been up to this point. The news comes after weeks of DDoS attacks and technical problems at leading exchange Mt. Gox and a roller coaster ride of price fluctuations that saw Bitcoin tank from a high of over $200 back down to a low below $70. The news was

Full article: http://www.theverge.com/2013/4/17/4236876/bitcoin-exchang...

Tweets

BitCoin Exchange BitFloor Shuts Down

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pcworld.com 18 Apr '13, 8am

The largest Bitcoin exchange in the U.S., BitFloor, has closed again, this time due to issues with its bank account, accor...

Bitcoin exchange Bitfloor is no more, has halte...

thenextweb.com 17 Apr '13, 11pm

If you are a Bitcoin advocate, fan, or users, this isn’t good news: bitfloor is shutting down . During the Great MtGox dow...

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