Bitfloor

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Revision as of 06:54, 18 April 2013 by Sgornick (talk | contribs) (Update to reflect shut-down.)
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Bitfloor, formerly a Bitcoin currency exchange and trading platform site.


History

The exchange had been operating since 2011 with its first publicity occurring in February 2012[1].

On September 4, 2012 the operator of BitFloor reported a security breach that resulted in the exchange's wallet with 24K BTC being stolen. The site was shuttered and access to customer funds denied as the exchange's reserves were insufficient to accommodate all funds deposited. As of March 8, 2013, 3 months had passed since the last repayment (December 2012), and the operator had been unresponsive.[2]

On April 3, 2012, the website was down for several minutes.[3]

BitFloor became a Money Service Business (MSB) registered with FinCEN (#31000005224108) on March 15, 2012.[4]

On April 17, 2013 the exchange halted operations after its bank was to close the exchange's bank account[5].

See Also

External Links

References