One of Most Secure Bitcoin Trading Platform in Nigeria LUNO Account have been Frozen By Court in Nigeria Due to One of User that Converted Money to Bitcoin which it was a scammed Funds, this means Luno will not be able to Credited Depositors or Paid User that Withdrawn to Naira.. as you know Nigeria Court this may takes Almost 1 month or more. i hope user with that lot of money in Luno will not Panic with this News State turned for more story and below

http://www.gistpunch.com/2017/04/breaking-news-luno-nigeria-bitcoun.html#

Dem no go ever hear na

naijafella:
Dem no go ever hear na

Did you read the message at all?
Please read and understand.

but this is not the fault of luno,let them appeal the case in court

Yea appeal is going on but you no how court things in Nigeria use to be na

So is dia any other platform like luno.

joe4real12:

Did you read the message at all?
Please read and understand.

My reference is for the ignoramus that still went to commit themselves in the unrealistic investment just like MMM and not to you. Except if you are one of them.

naijafella:


My reference is for the ignoramus that still went to commit themselves in the unrealistic investment just like MMM and not to you. Except if you are one of them.

Luno is not Ponzi scheme. They buy and sell Bitcoin and maintain Bitcoin wallet. So get your facts before you start insulting people.

So who is ignorant here?

please no fighting

"As you may be aware, Luno has been unable to process NGN withdrawals since Friday, 31 March.

The reason is that our bank account at Stanbic IBTC, which contains the vast majority of customer funds, has been frozen due to an unforeseen third party issue beyond our control (more details follow below).

All customer funds are safe and accounted for in the account. Right now we are unable to make any payments out of the account until it is unfrozen. For the time being, we ask you to refrain from funding your account with NGN.

What can be done in the meantime
NGN deposits and withdrawals are currently disabled. All other services, such as buying, selling, trading, sending and receiving Bitcoin remain unaffected.

If you have a pending withdrawal that you’d like to cancel, you can do so by opening the “transactions” screen, tapping on the withdrawal and then pressing the “cancel” button. The NGN amount will then be refunded to your wallet. It is of course still possible to convert NGN to BTC and withdraw BTC.

We have been working on integrating a new debit card payment method through a different bank. We will accelerate this project and hope to enable debit card deposits soon. However, we will still be unable to process withdrawals until the bulk of customer funds in our Stanbic IBTC account are unfrozen.

Why the account was frozen
In short, a fraudster stole the identity of a victim (not a Luno customer) and managed to access the victim’s bank account. The fraudster then created an account at Luno, using the stolen identity, and transferred the victim’s money to Luno and converted it to Bitcoin. Once the victim discovered the theft, they reported it to the police who obtained a court order to freeze Luno’s entire bank account (not just the fraudulent amount).

The police and court were unaware that Luno was a business serving thousands of customers and that blocking the account would affect thousands of people, not just this one individual payment. We believe that this was a huge mistake made by the police and court. We are in the process of fixing it now, but unfortunately due to the bureaucratic processes involved it will take time (more details below).

What we are doing and how long it will take
Since we first discovered this, the victim has withdrawn their case. However, once a court order has been issued, it cannot be simply reversed. We must obtain a new court order to unfreeze the account from a higher court. We are working with our legal team to do this as fast as possible but unfortunately it is a slow and bureaucratic process.

The current estimate for re-activation of the bank account is 3-4 weeks. We are doing everything we can to sort out this problem as quickly as possible.

Follow our status page for the latest updates about this issue: https://luno.statuspage.io/incidents/w3vyyjzg0kp5

Closing remarks
We deeply regret the situation that has happened here and while we are trying to resolve it as quickly as possible, we understand that it represents a massive disruption for our customers. We ask that you try to understand the situation and the timelines involved. All funds are accounted for and all withdrawals will be processed, it will just take time.

Team Luno"

naijafella:


My reference is for the ignoramus that still went to commit themselves in the unrealistic investment just like MMM and not to you. Except if you are one of them.

do you even know what a bitcoin wallet is, Abeg swerve go one side with your ignorance

Go to GeneXpayments and you will have your exchange done in a swift to Naira. I use them and luno. But luno is dam too slow for me converting into naira. Besides the story they presented doesn't fit. I have withdrawn some of my funds from luno and been doing my exchange now at GeneXpayments simple and fast.

Can u transfer Bitcoin from luno to genex

Promxy94:
Can u transfer Bitcoin from luno to genex

Yes so long its bitcoin. Go to GeneXpayments, fill the exchange form and do your transfer. Its done in a Jiffy. You can even transfer to withdraw directly without delay to your bank account. All is available instantly.

naijafella:


My reference is for the ignoramus that still went to commit themselves in the unrealistic investment just like MMM and not to you. Except if you are one of them.

It's people like you that always act before they think. Try commenting on topics you know something about and not displaying your stupidity on a public forum. What's the connection between Luno and ponzi?

Racing:
It's people like you that always act before they think. Try commenting on topics you know something about and not displaying your stupidity in a public forum. What's the connection between Luno and ponzi?

Look dude, whether Luno or Lunar or whatever, no one is gonna fall for your frauds again. Never. Broke azz nigaaaa

lolu0259:
So is dia any other platform like luno.

GeneXpayment is good and faster than Luno. They don't keep a private wallet online, as they have a defacto parent wallet company which users can utilise. Its a direct quick exchange to and from Naira . Very excellent including weekends.Try them.

How can I withdraw my money from luno o
These there statement doesn't count

naijafella:


My reference is for the ignoramus that still went to commit themselves in the unrealistic investment just like MMM and not to you. Except if you are one of them.

BUSHMOR

Promxy94:
How can I withdraw my money from luno o
These there statement doesn't count

Try GeneXpayments straight to your bank account.

meromero11:


Try GeneXpayments straight to your bank account.

How much does GeneX buy & sell a $/btc

yusasiv:


How much does GeneX buy & sell a $/btc

Its an exchange. Google their name and check the site for the rates. They work 24/7 including midnight you will get you exchange done. Have used them severally.

there buying rate much i just check

meromero11:


Its an exchange. Google their name and check the site for the rates. They work 24/7 including midnight you will get you exchange done. Have used them severally.

pufframmy:
there buying rate much i just check

They are quick and fast. The rates changes regularly. Just check again. Theirs is cheaper than Luno. They fund you day and night including weekends. Am locked onto them.

Piggy and thrift at GeneXpayments are twin program that assures a cryptorian success in this life. The thrift is offered in digital currency but receivable in naira equivalent. Now the value is N2m per participant. It operates like a normal bank fixed deposit but now in digital currency. Its that fastest way out of poverty. GeneXpayments is the guarantor of the thrift. Payment goes smooth unencumbered. The scheme is for all, business men and women, student and non-students, housewives and working class, husbands and wives, singles and engaged. N2m is for everyone. The Cryptohall whatsapp group can be reached on 0.7.0.5.5.4.0.3.4.1.8 to get into the thrift while GeneXpayments which is an exchange runs the piggy. This is an opportunity for all.

lolu0259:
So is dia any other platform like luno.

Yes, even better than luno.
Try genexpayments. online

Now that Luno is down, i do all my exchange at GeneXpayments for direction Naira collection.

The thrift have crossed the N2M mark from N1.2M at inception. Without Piggy you cannot do the thrift. The thrift guarantees your pathway to financial freedom without any stress nor risk. GeneXpayments is the guarantor for the Thrift and will effect payment to all participants even if there is a default. No one will notice any sign of default because the payment will not stop. GeneX and Cryptohall have constituted a Default and Recovery team to take care of erring members. Every recipient is bound to receive their N2M thrift benefits as scheduled in the recipient's slot number. This is the best thing to happen to the masses of this nation. I am a fully badged cryptorian and i am proud to be one. Still taking members into the thrift.

meromero11:
The thrift have crossed the N2M mark from N1.2M at inception. Without Piggy you cannot do the thrift. The thrift guarantees your pathway to financial freedom without any stress nor risk. GeneXpayments is the guarantor for the Thrift and will effect payment to all participants even if there is a default. No one will notice any sign of default because the payment will not stop. GeneX and Cryptohall have constituted a Default and Recovery team to take care of erring members. Every recipient is bound to receive their N2M thrift benefits as scheduled in the recipient's slot number. This is the best thing to happen to the masses of this nation. I am a fully badged cryptorian and i am proud to be one. Still taking members into the thrift.

How does this piggy and thrift work?