Chatex Announcements
Hello, dear friends!
We apologize for the long silence.
We continue to work on delisting from the sanctions list and obtaining a license to withdraw user funds.
The process is practically not moving forward, because due to the situation in the world, OFAC is focused on other things. The deadlines for response and consideration of existing requests for licenses on their part are uncertain, and, unfortunately, there is no operational communication.
And in the absence of new information or news, we decided to optimize the general chat support to 2 hours a day, so that we could leave it until the license was obtained and Chatex was released from sanctions.
We also stay in touch, and any question, if you do not have time to write it in the general chat, you can send Sira in private messages, we will definitely answer and help.
With our support and hope for your understanding
Yours Chatex 💙
Hello, dear friends!
We collected your frequently asked questions and aim to create one or several posts with answers.
First of all, about our current situation. OFAC, due to the current situation, answers rather reluctantly. Unfortunately, cases, similar to Chatex, are not the top priority right now.
That’s why the process of approval for companies and individuals takes time. If you have already got a license – please, DM Sir.
We’ll be able to transfer your funds to your address.
Questions:
1.Will the current situation affect Russian citizens' funds withdrawal?
No, for Russian citizens the process remains the same. They will be able to get their funds with the help of a common license.
About sanctions: While getting a common license you should remember that transferring funds on any platform, exchange will be illegal, because Chatex’s jurisdiction isn’t in Russia.
2. Why are you not able to create individual license instruction?
It has already appeared in chat, our users shared links. We highly appreciate their support. Also you may find detailed instructions on OFAC’s website.
3. Why can’t you just pay us with your own money?
Unfortunately, we don’t have such an opportunity. Any transaction from the company's addresses will violate OFAC order list, which will lead to risks for all users.
4. What about the duration of this process?
Before the current situation in the world we considered 6-12 months. Now, unfortunately, we are not able to name any concrete date. We’ll try to find any possibility to raise our priority in the OFAC system, but, unfortunately, we don’t obtain it.
If you have any additional questions – DM Sir, please. We’ll try to collect all the questions and answer them as soon as possible.
With support to you and hope, that everything will be fine
Your Chatex 💙
Hello, dear friends!
Long story short – we don’t have news for you. Our approximate terms remain the same.
There’s no deterioration of information exchange with OFAC. But, it’s not becoming faster either.
In the current highly volatile situation with a lot of tools and assets we wish you to remain sharp mind and strong mental capacities.
We are not going to discuss the situation in the world. We are sure that there are plenty of sources regarding this topic.
However, all of our team wants you to know: if you need advice or support, or you need to be heard – we’ll do our best to support you.
If you have any questions – feel free to ask them.
We are aware that there are newbies in our community, who have joined to community world recently. We may support you with our advice and answers to your questions.
Be sure that all of this time Chatex is here to support you psychologically.
Your Chatex 💙
Hello, dear friends!
First of all, we apologize for the silent week.
At the moment there is no important news. When there is nothing to announce and there are no updates, there is no post either.
It’s not because we’re hiding something. But simply because we are not a newsmaker company and not a meme public.
Work with OFAC continues. At the moment we are giving explanations to all questions of interest to the department regarding operational processes, the work of the company and other nuances.
We are happy that some of our users are in touch with Eric Ferrari and can impartially and first-hand get the news and confirm to the community that the work is really being done.
We really appreciate independent observers from our community and their coverage of the situation and communication with our lawyers.
Regarding the addresses that our users sent to the chat, we want to highlight once again that there have been no transactions since November 9, 2021 in any form.
An exception is the payment of "gas" (gasfee) for transfers to a common storage due to the peculiarities of our system (we talked about it in a previous post ).
We also welcome your desire to verify and confirm our words and posts. Because transactions always have their trail.
Recently, requests for a public speech by the founders of the company increased.
Unfortunately, we cannot proceed with it: lawyers do not recommend posting public appeals from the founders of the company during the trial with OFAC and the Ministry of Finance.
Therefore, we cannot promise such an appeal.
As soon as we have important news about the situation, we will inform you immediately, without waiting for the next Tuesday.
We would like to remind you that our contact person is Mr. Erich Ferrari (we know, a lot of people have asked because it's required to apply to OFAC for an individual license).
The address for official correspondence remains the same:
✅ Hightrade Finance Ltd, P.O. Box 1510, Suite 305, Griffith Corporation Center, Kingstone, St. Vincent & the Grenadines.
Email: [email protected]
In conclusion, we would like to say that we have already come a long way. There is still a lot of work ahead, we have to complete the obtaining of a general license, go through long delisting processes.
But we really appreciate your support and understanding!
Truly yours Chatex 💙
Hello, dear friends!
First of all, we’d like to apologize for our absence of content during last week. We haven’t got any news yet. Now we’re keeping up our work with OFAC and conduct all processes required to get a common OFAC license step-by-step.
Also, we do our best in order to fulfill your documents requests for individual licenses applications.
Also we changed our e-mail. You may send your requests here: [email protected] 👍
Moreover, the reference generator continues to work in the bot. All you have to do is to go to the Chatex bot and request a “Balance report”. You will see accurate balance there and this document is applicable for OFAC.
If you need another reference or document – please, DM Sir and tell him what exactly you need. It will help us to proceed and accomplish your request as fast as we can 😇
We’d also like to share some of our thoughts about hot topics. Lots of you are interested in news about a potential cryptocurrency ban in the Russian Federation. We are absolutely apolitical, that’s why we just try to clarify some facts.
First of all, the cryptocurrency trading ban. Central bank initiative offers to ban cryptocurrency payments as well as an opportunity to use financial structure (banks, other credit and financial organizations) to provide them.
However this initiative has nothing to do with cryptocurrency holding. This topic wasn’t disclosed. At the moment this initiative is supported by a group from the State Duma.
We’re not going to make any legal forecasts. The fact remains the same – cryptocurrency transactions are regulated by the law “About digital financial assets”. Neither this law, nor the Central bank’s initiative doesn’t restrict cryptocurrency holding.
Another frequently asked question is “What about the time OFAC requests consideration according to the law?” The thing is consideration and application stages are completed. Now we are on the stage of detailed clarification ☝️
This stage isn’t regulated, due to absence of OFAC algorithm for effective work with cryptocurrency companies and their assets. It’s a sad irony that even here we’re the first one.
As we’ve mentioned earlier, we think that it’ll take months to clarify all of these issues. Neither we, nor OFAC are able to provide you with a concrete date of our common license approval.
We utterly appreciate your understanding and support!
Truly yours Chatex 💙
Dear friends!
Some time has passed since the sanctions hit, and, effective today, our domain name owner GoDaddy has terminated their partnership with us, complying with OFAC sanctions.
In other words, due to this our website chatex.com is no longer available and we won't be able to relaunch it until the delisting procedure is at an end.
By the way, here is a post we had where we talk about the delisting more, for your understanding!
Factually, GoDaddy did the same thing as BitGo - which is suspending their relationship with us under sanctions - but they did it with a huge delay.
Our group chats and bot will keep functioning either way, and we will keep you updated with our weekly news posts! We are always ready to answer your questions.
We highly appreciate your support and understanding!
Truly yours, Chatex 💙
Hello, dear friends!
First of all, we’d like to wish you the best in terms of achieving your cravings and plans in 2022!
We’re here again. We came back to our working process on getting a common OFAC license 🤝
We frequently get the same question: are there any legal limits for OFAC requests’ consideration?
The thing is, this consideration stage of our request is completed. Now we are on a stage of detailed work on all important aspects, required to get a license 🙌
This stage isn’t legally regulated due to absence of OFAC algorithm for efficient work with cryptocurrency companies. It’s an unfortunate irony – we’re the first one, who faced such legal issues.
Time limits are approximately estimated within months, as we mentioned earlier. Neither we, nor OFAC itself, can provide you with a particular date of getting our common license 😕
However there’s a tiny, but significant news from our side: now any of our users can get a balance statement with the help of a menu button. It’s called a “Balance report”.
There you can find correct balance, and this document can be provided to OFAC in case of getting an individual license 👍
If you don’t have access to your bot’s account – PM Sir, and we’ll help you to get this report.
We’re very grateful for your understanding and support!
Sincerely yours, Chatex 💙
Dear friends!
We are waiting for OFAC decision regarding to our common OFAC license, as we’ve mentioned earlier ☝️
It looks like the most important news will appear in January, 2022.
Our top priority remains the same – returning all of our users funds, which were frozen due to sanctions.
About our accomplishments in this field you can read in our previous posts, which have been published every Tuesday (Wednesday, in several occasions).
Here it is:
About Chatex work algorithms – telegra.ph/Chatex-news-11-23-2
About OFAC request – t.me/chatex_chat_en/59715
FAQ – t.me/chatex_ru/962
About our contact information and official requests – t.me/chatex_chat_en/59818
About OFAC license in general – t.me/chatex_chat_en/60000
This year is coming to its end, next year is waiting at our front door. We want to sincerely congratulate you on the upcoming New Year!
We wish you to spend time happily alongside your nearest and dearest people.
During New Year holidays our team, including lawyers, will try to have some rest, so chat won’t be available from 17:00(GMT+3) 31.12 till 12:00(GMT+3) 03.01.2022.
We highly appreciate your support and understanding!
Truly yours, Chatex 💙
Dear community, here’s our update:
We are waiting for the decision for our enquiry to common OFAC license, as we mentioned earlier. Mr. Erich Ferrari and his team are proceeding our case now. Such cases are the main field of their work. ☝️
What is a common license?
It’s an OFAC permit for us, as a company, to adjust (conduct transactions etc) funds which are under sanctions. With this license we’ll be able to bring back assets to our users. Getting a license we want to exclude necessity to get an individual license. It’s much easier to proceed with one inquiry than 10000 users' inquiries.
Important! This license will allow to eliminate other platforms restrictions to work with us. All our addresses are now marked in all AML blockchain screening systems as bringing 100% risk.
I want an individual license
Individual license is an OFAC permission to transfer a user's balance.
Unfortunately, we are not able to provide you with information how to fill in individual license inquiry correctly. We will figure it out if we are rejected to get a common license.
We are getting all of your requests and sending your questions to our lawyers. Also, we send all of your questions about proof of funds, which, according to some users, was asked to provide by OFAC. Any information from us should be validated from OFAC, otherwise it doesn’t make sense.
E-mail works again
[email protected]
Important information:
Official address: Hightrade Finance Ltd, P.O. Box 1510, Suite 305, Griffith Corporation Center, Kingstone, St. Vincent & the Grenadines.
Адрес электронной почты: [email protected]
If you don’t have access to your account feel free to PM Sir, we’ll try to help.
We highly appreciate your support and understanding!
Truly yours, Chatex 💙
Dear community, here’s our update:
Unfortunately, there’s no any significant news today. 😕 We are still working on obtaining OFAC license, as we mentioned earlier.
However, we are glad to announce that our contact person is Mr. Erich Ferrari (we got a lot of questions on this issue, because this information is required for OFAC individual license request) Address for official correspondence remains the same:
✅ Hightrade Finance Ltd, P.O. Box 1510, Suite 305, Griffith Corporation Center, Kingstone, St. Vincent & the Grenadines.
Email: [email protected]
It’s worth mentioning that there are people who want to make money on our users' problems. That’s why we remind once again that we never send you PMs first! If someone got to you and offered to withdraw funds from Chatex wallet – you’d better contact Sir once again – @chatex_smm_bot 🤓
And the last advice for now: if you’ve got OFAC individual license – contact Sir via PM in order to proceed the procedure of your wallet’s balance refund 🤝
We highly appreciate your support and understanding!
Truly yours, Chatex.
Dear community, here’s our update:
1. There were lots of questions about our legal representatives. Let us introduce you Mr. Erich Ferrari and his expert team, which specializes in interactions with OFAC. Half of his team are ex OFAC employees. So, Erich Ferrari’s office is one of the several, who concentrates on interactions with OFAC and sanctions.
2. We have a roadmap, which is now in action. We are not able to share all of the details. Moreover, some of the points shouldn’t be published due to law restrictions. However, information that directly affects our users’ interests is shared publicly. Please, don’t demand the impossible from us.
3. We are glad to announce that our work on a special general license will be completed at the end of this week. We are going to apply it to OFAC next week. Unfortunately, OFAC will answer our request only next year. Nevertheless, it doesn’t mean that our work will be shut down. We continue to work with our lawyers on a delisting petition, which we are going to apply at the end of January.
We will be happy to get our money back as well, but there is lots of work to do in order to achieve this goal.
We highly appreciate your support and understanding!
Truly yours, Chatex.
About the situation with user funds
Our legal entities, bank accounts and crypto wallets were sanctioned by the USA.
What does “to get under the sanctions" mean?
This means an outright ban on any transactions, including the conclusion of contracts and agreements, payment or receipt of payment from the sanctioning company or entity.
This means that Chatex cannot pay for any third party services that support its operations. There are plenty of significant services of this kind: for instance, a custodian service, servers, services for verifying KYC / AML users, gateways for sending SMS, and so on.
Therefore, the work of the service was technically impossible and was suspended.
What about money?
User funds are safe. This is the main thing.
When will you be able to get access to them?
We are not able to give you a concrete date and time. Even an approximate one. Too little time has passed to clarify all legal issues. Most likely, full access to funds will become possible after the sanctions are lifted.
Why can't we get a refund right now?
All funds are now divided into three categories:
Coins that are blocked by the custodian service and there is simply no access to them.
Coins whose addresses are clearly included in the sanctions list and the movement of these funds will be a direct violation of the sanctions regime with the most serious consequences.
Coins whose addresses are not included in the sanctions list, but are included in the Chatex cluster in AML screening systems. The movement of these funds will lead to their subsequent blocking on any other exchange. In addition, AML screening does not work and we cannot provide a compliant withdrawal procedure.
We work as closely and productively as possible with lawyers to find a solution for a quick and legitimate return procedure.
Chatex has always been known for its great care for its users. This is our top priority even in the current situation.
Thank you for understanding and support!
Your Chatex
Important Chatex Announcement
CHTX Token sale is canceled.
Chatex is listed on the U.S. Sanctions List under Executive Order 13694 on suspicion of supporting Suex company.
Unfortunately the above forces us to cancel the token sale. We are deeply sorry for this closure, but the events that led to this are neither associated with our team nor in our control.
For now, we put it on hold until clarification of all of the lawsuit's details. All customers’ funds are safe and secure, but restricted to be moved during the legal case proceeding. We are working to ensure that customers get access to their funds as soon as possible.
Regardless, we remain incredibly grateful for the support of both our community and partners, and hope you recognize that while the sale cancelation is difficult, we feel it as a necessary one.
Chatex Team.
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The GIF Contest voting is proclaimed to be over!
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Wait to be contacted by our team on twitter to receive your $CHTX allocations!!!
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😴Kept ya waiting, huh?
Chatex GIF Contest finalists have finally been selected for the final community voting!
Give your vote to the GIF submission of your choice!
👀Check out the Submissions:
https://twitter.com/Chatex_bot/status/1455595522685800454
🗳VOTE:
https://t.me/chatex_an/792
👻BOO!👻
🎃Happy Halloween, Chatex fam!🎃
Hope you appreciate our Halloween outfit and discuss it in the group chat!
https://t.me/chatex_chat_en
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