Why Was E-Gold Shut Down?

[internetgoodies]

Egolg deserve that closure because the don't have mind set towards protecting their customers interest.they only care about their selfish ambition to grow within a short period of time.i never trusted them even when my friends were crazy about egold.

[bulastika]

Egolg deserve that closure because the don't have mind set towards protecting their customers interest.they only care about their selfish ambition to grow within a short period of time.i never trusted them even when my friends were crazy about egold.

Can you elaborate? Because egold is the most popular payment processor. Even five times popular than AP, PP and LR when its active. And on average many are happy using e-gold. So if you can give proof of your claims on neglect on their part please give us the link. ..
How short is the short period of time? Because e-gold don't do hit and run. Until now they are winning in courts cases and right now they are just waiting to be reinstate again by U.S. federal government. If they are a weak payment processors. they simply just close down.

[ryuken]

Customers interest ? Egold is virtual currency and it was abused by both customers and egold at the same time. So how come you're saying that they don't mind customers interest. The point is with most of thepeople is that they dont want verification, they don't want fees, they want dispute feature and other paypal like features for free. is that how you call rational customers interest ?

[pinoycity]

Customers always want to have all the benefits but it is impossible to have it all. No or smaller fees, no verification, dispute features. All these are attributes of a legitimate payment processor. But member should also show that they are also "legitimate" person.

[ryuken]

I think egold was made just like stormpay and they had lot of illegal money. so it is obvious that government was going to raid them either way. i have seen that they were out for more than 2 years. they are back because they had some good intent and that is the reason we see them alive and abck in action. i am surprised that they kept all the data of users intact.

[donjaz1]

Actually i can't say much about these pocessor goes they got off in the year i started online business fully however i am here from some member that it is due to money lundery in which i don't think that will be the reason and even lundery can't way them down because they have great reputition then when they are operating.

[sherrien]

I had no idea Egold was shout down! I heard from many that it was a great program. wow this is news to me.

[ryuken]

It is not a program. lol it is payment processor. It was similar to the LR. THey got shut down due to the money laundering issue. They have now restarted again. You can check their official site if you need more information on that front. I think it is good to understand that way they are not shut down. :=)

[luke1]

E Gold Admin did not follow the US law and order. That is why, it is prosecuted now, as we can see the law and order in the US is stricter than many other countries here. It is a mistake to open in the US without any good preparation

[rexway]

well as for me I cant realy tell why this procesor was shut down because some people say it was because of some attempt by hackers while others say money loundry so which one do we go for .but for me I think the reason was not reveal

[ryuken]

it is open now if you look at thier site. all the old details are still accepted and you can open the account with those old details. no loss no gain and nothing that you need to worry much about the e-gold anymore. its just not usable that is the point to be thought about for sure. otherwise you will have e-gold working few years ago fine wihtout any issues

[Sahib]

I think they had some problems with US government because of the money laundering andthat is why they got into trouble.

[getecurrency]

is there any news about E-GOLD , e-gold was the best online e-currency and payment system i hope it can back to work ,i would prefer it on Liberty reserve and perfectmoney sure

[luke1]

Now what we can see from E Gold, this Online Money Processor will never come back to the business. There is no hope to wait, and there is no need to hope on this E Gold. It is a history, not a good history on the Online Business here. Better forget about this

[sagar250]

hey actually i dont have any king of idea why it is shut down. I havent heard about it and i dont know about it before

[ryuken]

so why are you posting small posts sagar. maybe you should consider this before positng? your short posting should get low payment or else you won't stop. tha tsaid, egold is started again if you check it on google. maybe it makes sense to just checking on google every once in a while. that will surely make us see things easily.

[donjaz1]

These is really unknow to me and even most people that clam to proff they know the issue might not be correct cause the administrator doesn't expose the issue to any user.therefore the secrete is left to the administrator.

[challs12]

I'm using e-gold when they stop operation and I have about $100 in my balance. I see from the process of claiming back our balance, they requested lot's of thing that I cannot give them. Information required I think suitable for US resident and not worldwide users.

That was my hard earn money from online through PTP, PTC, offers, etc. I never receive money from terrorist. The action they just unreasonable. So, I suggest everyone who has online earning to cashout to your offline bank immediately if you have big amount in what ever e-processor. Only left small amount that you can afford to loose. All these processor will become scam as well when the government get involve.

[dierdre]

Well presently, e-gold has survived this problem and it is now currently up and running. So it's users are still gonna continue to use their services for their convenience. Hopefully this is the last time e-gold will get into any mess.

[challs12]

Well presently, e-gold has survived this problem and it is now currently up and running. So it's users are still gonna continue to use their services for their convenience. Hopefully this is the last time e-gold will get into any mess.

dierde, did e-gold win in their case? I don't like to visit their site to check because I'm very mad cause I have about $100 in there. I don't know if I can get back that money if it comes back.