DrStrange

Withdrawal BTC from btc2ripple.com

51 posts in this topic

2 minutes ago, winthan said:

I think, this is what he will get if he goes after SnapSwap.EU. 

 

I still don't understand which legal entity was responsible for fulfilling the obligation ("real" BTC). Everything looks really murky to me.

 

Edited by T8493

Share this post


Link to post
Share on other sites
5 minutes ago, T8493 said:

Even if he technically runs btc2ripple.com that doesn't mean he is an entity that should fulfill the obligation.

 

 

 

I know.  He created the site in late 2013. I think, he has been operating since 2013 or 2014 then. @DrStrange should find out who hold his BTC in 2015 then. 

Quote

Domain Name: BTC2RIPPLE.COM

Registrar WHOIS Server: whois.101domain.com

Registrar URL: https://www.101domain.com

Updated Date: 2016-03-20T05:28:01Z

Creation Date: 2013-09-29T07:36:42Z

Registrar Registration Expiration Date: 2017-09-29T07:36:42Z

Registrar: 101Domain GRS Ltd

Registrar IANA ID: 1011

Registrar Abuse Contact Email: abuse@101domain.com

Registrar Abuse Contact Phone: +1.7604448674

Domain Status: clientTransferProhibited http://www.icann.org/epp#clientTransferProhibited

Domain Status: clientUpdateProhibited http://www.icann.org/epp#clientUpdateProhibited

Registrant Name: Val Kozlovsky

Registrant Organization: UAB SKV3

Registrant Street: 11-77 Zemaites Street

 

 

Share this post


Link to post
Share on other sites
1 minute ago, winthan said:

I know.  He created the site in late 2013. I think, he has been operating since 2013 or 2014 then. @DrStrange should find out who hold his BTC in 2015 then. 

 

 

Well, SnapSwap issued these IOUs and I think SnapSwap should give his BTC back.

Didn't snapswap have a company in the US?

 

 

Share this post


Link to post
Share on other sites
5 minutes ago, T8493 said:

I still don't understand which legal entity was responsible for fulfilling the obligation ("real" BTC). Everything looks really murky to me.

 

 

Can he go after BTC2RIPPLE.com with their ToS? and find out who hold BTC pool address at that time? Because BTC2Ripple is only working right now. 

Share this post


Link to post
Share on other sites
Just now, winthan said:

Can he go after BTC2RIPPLE.com with their ToS? and find out who hold BTC pool address at that time? Because BTC2Ripple is only working right now. 

What is btc2ripple.com? A company? Or just one murky person who registered this domain?

 

 

 

Share this post


Link to post
Share on other sites
5 minutes ago, T8493 said:

Well, SnapSwap issued these IOUs and I think SnapSwap should give his BTC back.

Didn't snapswap have a company in the US?

 

 

 
 

yes, there was Snapswap.us.  But this OP @DrStrange is not from US.  :P 
 

Quote

Technical Contact Name:                      Denis Kiselyov

Technical Contact Organization:              SnapSwap Inc

Technical Contact Address1:                  PO Box 12761

Technical Contact City:                      Mill Creek

Technical Contact State/Province:            WA

Technical Contact Postal Code:               98082

Technical Contact Country:                   United States

Technical Contact Country Code:              US

Technical Contact Phone Number:              +1.6028880877

Technical Contact Facsimile Number:          +1.2062999315

Technical Contact Email:                     admin@snapswap.us

 

 

Share this post


Link to post
Share on other sites
4 minutes ago, T8493 said:

What is btc2ripple.com? A company? Or just one murky person who registered this domain?

 

 

 

 

btc2ripple.com is the currently working SnapSwap gateway.  

Share this post


Link to post
Share on other sites

Long story short, I had some BTC in SnapSwap same liked him. But mine was a few, I requested for refunds. It went well, and I got refunds back luckily. 

But this OP got the issue and some people got the same responds as well. :P

Share this post


Link to post
Share on other sites
4 minutes ago, winthan said:

btc2ripple.com is the currently working SnapSwap gateway.  

But what kind of entity is this btc2ripple.com? Is this a company?

Share this post


Link to post
Share on other sites
7 minutes ago, T8493 said:

But what kind of entity is this btc2ripple.com? Is this a company?

Well, as far as I know, He registered that site with UAB SKV3 company name (whois). And Under that company name, he may run the ripple gateway of SnapSwap. I am not very much sure how he operates, though.  

My point is that, if I could withdraw (a US citizen who is not residing in the U.S) then why can't OP withdraw?  

Share this post


Link to post
Share on other sites
44 minutes ago, winthan said:

Well, as far as I know, He registered that site with UAB SKV3 company name (whois). And Under that company name, he may run the ripple gateway of SnapSwap. I am not very much sure how he operates, though.  

My point is that, if I could withdraw (a US citizen who is not residing in the U.S) then why can't OP withdraw?  

They are just trying to cloud the issue. The point is that they have to allow withdrawal because they promised to give the BTC back. Nationality and amount of BTC do not matter. Pacta sunt servanda!

Edited by DrStrange

T8493 likes this

Share this post


Link to post
Share on other sites

I would like to solve this problem with world citizens. 5 BTC reward will be given to anyone who makes btc2ripple(or snapswap) refund the 25 BTC.SnapSwap or anyone who gives crucial help for withdrawing. Please PM.

Edited by DrStrange

Share this post


Link to post
Share on other sites

Got an email from Ripple Labs. Summarizing as below. 

1.  Since 2015, a company called UAB SKV3 has been running the btc2ripple service. That company is registered in Vilnius, Lithuania. 

2. The sale of SnapSwap's btc2ripple business to UAB SKV3 may have resulted in a transfer of all liabilities to the new owner (but this is conjecture on RL's part, RL does not know). 

3. If so, UAB SKV3 may be the custodian of the bitcoins that these SnapSwap issuances represent ,in which case they should honor the withdrawal request (the fact that they do not open accounts or service people from South Korea should have first been disclosed to account holders, with a withdrawal grace period to allow any existing South Korean account holders to withdraw funds, before taking effect). 

4. Anyone could try to exchange the  btc.snapswap issuances for issuances by another gateway that allows South Korean users  so that  he could then withdraw them . Otherwise, the legal liability would be on either Snapswap or UAB SKV3 - not knowing anything about the sale of Snapswap's btc2ripple business to UAB SKV3, it's difficult for RL to say.

 

Edited by DrStrange

Share this post


Link to post
Share on other sites
8 hours ago, Mercury said:

Whenever someone balks at paying I start suspecting solvency...

I sent PM to you. Pls check it.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now