Poor Bitfloor. It just can’t catch a break. After recovering from a serious hack where criminals made of with some sizeable loot, the Bitcoin trading floor has just had its US accounts closed, meaning it can no longer guarantee trades made at the exchange.
Bitfloor suspended trading this afternoon, posting a status message to its website apologising and outlining the problem.
Bitfloor’s founder explained that its US bank accounts are to be closed, meaning it can’t provide deposit or withdrawal services like it has been. Instead of continuing to trade and stealing everyone’s money, however, the founder of Bitfloor decided to halt trading on the exchange indefinitely while refunding everyone’s money.
Here’s the full statement:
I am sorry to announce that due to circumstances outside of our control BitFloor must cease all trading operations indefinitely. Unfortunately, our US bank account is scheduled to be closed and we can no longer provide the same level of USD deposits and withdrawals as we have in the past. As such, I have made the decision to halt operations and return all funds.
Over the next days we will be working with all clients to ensure that everyone receives their funds. Please be patient as we process your request.
founder – bitfloor.com