Control Finance was having issues with withdrawals for the past 2-3 days. Today they sent the following email to its users
As you all know we currently experience an issue with delayed payments, but we're now establishing a new algorithm for automated processing of all payments which will release your delayed payments in a short time. We have a big amount of withdrawal requests, so we can't process them all manually, but the new system will be up and running since on September 11, 12:00 PM (UK Time).
In accordance with our new guidelines for traders, we have diversified the funds on trading accounts, which led to blocking of a few of them. The exchange reps informed us that the accounts were temporarily blocked as a measure against money laundering. Our lawyers are working to activate the accounts and according to the information from the exchange, our accounts will be unblocked not later than September 17.
These challenges putting us on test, but we feel your support and we guarantee that we'll fulfil all obligations given to our customers. I hope for your understanding. We will live through the challenges and continue our stable growth to high profits as we always did in our company.
They seem to have deleted their social media accounts. Their pages on facebook, twitter and youtube are no longer there.
https://www.facebook.com/Control-finance-467548830244801/
https://twitter.com/ControllFinance
Is this the end of CF? Their website says that they have been entrusted with a sum of $123 Million. A lot of users will be burned if they don't come back