
“BTC-e is anything but transparent and it uses third-party banking services, keeping its name out of official records. At least one of the banks involved in the process is located in the Czech Republic, the BTC-e site references Bulgaria in its SEO descriptions, the founders are Russian programmers Aleksey and Alexander who honed their skills at the Skolkovo tech park and the BTC-e managing company is based in Cyprus. With all that in mind, it is understandable that investors were concerned by the issues. Luckily BTC-e got in touch with CoinDesk to reassure the public that it is a legitimate operation.”
http://www.coindesk.com/btc-e-recent-issues-caused-surge-users/
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