E-Gold Loses Hearing On Seizure

The seized assets shall remain frozen. That’s the e-gold that was seized and sold for cash, all 1MDC account gold included.

MINUTE ENTRY ORDER denying [35], [36] Defendants’ Motion to Vacate Seizure Warrant and to Modify Restraining Order and Request for an Evidentiary Hearing. For the reasons stated at the June 21, 2007 hearing, in open court, the Defendants’ Motion is hereby DENIED. This is a final appealable order. See Fed. R. App. P. 4(a).

Signed by Judge Rosemary M. Collyer on June 22, 2007. (cdw)

IceGold.com Outexchanges resumed

We have opened our sell e-gold service again. However, as the situation with e-gold and Omnipay is still unclear, we have set a limit of 10 000 USD (or equivalent) per customer in one day. If we get too many orders we will pause outexchanges until we need e-gold again. From now on the outexchange service availability will be indicated in the "we buy" column in the mini rates table at the top left corner of our webpage.

Omnipay Update

June 21, 2007 OmniPay Africa had planned to become operational, conducting both in and outexchanges by June 18th. It now appears this service will be delayed several weeks. Establishment of OmniPay Africa has been on-going, designed to facilitate a remote and sophisticated payment capability to the majority of mankind underserved or excluded from traditional banking and constituting it properly is imperative. The complexities of making OmniPay Africa fully operational in an accelerated manner have been greater than originally anticipated causing this delay. We assure you we are working diligently to bring OmniPay Africa online.

Marketiva accept e-gold deposit

Good news, Marketiva accept e-gold deposit after 1 week suspended.

Marketiva suspended E-Gold deposits

Marketiva has temporarily suspended E-Gold deposits, until the situation with E-Gold exchangers clears. According to an announcement, it could be on or after June 18, and we are hoping to resume accepting E-Gold deposits then. We are currently unable to convert E-Gold to currency in our bank account.