Yet another Bitcoin exchange has been shut down. I was bouncing around earlier and noticed this when signing into my BTCe account, I came across this message The Domain for BTCe has been Seized in this picture you will see that the authorities in New Jersey have shut them down and seized their assets. Crazy and frustrating.
I am not sure of the reason for the Seizure, but I do know that many people are going to be Pissed as their coins will now be locked in the system until the Authorities finish their investigations. I only lost like 20 bucks worth of coins but I know others who had thousands on there. Ring the alarm it is Cryptsy all over again.
Let me know if you have any further information as to why this is happening.
Thanks