So far still not working..money still stuck..but i heard there was customers who already received money from luno..if we refer to luno updates they say still in discussion with maybank

My experience was..every time i transfer my btc to coinhako luno will charge me rm 104..that the only fees they charged me..it still ok for me

guys, I just tried to search for Bitx Malaysia at google, and found this.

https://www.ctoscredit.com.my/business/BITX...DN-BHD-1136927A

Nature of Business DORMANT

I'm not sure it's up to date from ctos credit or not.

For those still have btc / money inside, just always be alert.

Trading platform like LUno do not keep exact amount of BTC as you trade.
There is possibility Luno will shut down if they are running out of BTC (due to transfer out of btc by customer).

just my 2cent.

What does this mean?

hi this morning araound 5am i made a transfer of Ethereum from Luno to Cex.io and the transfer was complete within half an hour i think. but I made another transfer of ethereum from Luno to Cex.io at 6.03am it is still status processing in Luno transaction history. Anybody hav experience on this problem?
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This case is same with coinbank whereby mbb closed their account few years ago.

I believe luno closed the account and move to other bank.

Maybank doesn't want to risk themselves to provide this service and get fined by BNM if found guilty.

Read carefully , do not get excited about the updates. It tells nothing new. It says that IRB agreed to unfreeze their account WHILE it completes the investigation. This is merely stating IRB's Standard Operating Procedure . It is good if the outcome of the investigation is postive. If the IRB concludes that there is something fishy about the exchange and decides to crack down LUNO , good luck in getting back your money.

Luno price back to Remitano price. We're played by Luno!

i hope you are right then.

to me, if mbb freeze their account because of IRB and now if IRB already cleared them, why mbb not let their account operate immediately since the only reason is with the IRB.

Why Luno allow deposit money to the account but not able to let us withdraw the money?
Its weird! Does anyone realised that they just open their account for us to deposit the money to
BitX Malaysia SDN BHD in MayBank account?

Please PM me your telegram. I have something to tell you.

Hey heavensea, we've already reached out to SSM regarding "dormant" status, and are awaiting their response. We will investigate and have this resolved asap.

(Also have replied to your PM to me.)
Hey David, I've been seeing some comments on allegations that our Maybank account is empty and closed. This is untrue on all fronts. I've personally been to meet Maybank myself now, and all customer funds are still safe with them.

(Not sure where the "proof" that it's empty and closed came from -- but if they run a proper investigation, they'll find that it's all there, still with Maybank. I believe this is purely a case of misinformation/misunderstanding/rumours.)

Meanwhile, we continue to have daily discussions with Maybank, and if you refer to our latest status message (to be published within next couple of hours) -- you'll see that we are close to resolving the matter. We will be issuing a schedule soon on withdrawals.

What printed RM? Lol. You do realise the fiat fund in Luno has been constant since December right? Only decreasing now when withdrawals enabled. I remembered that at peak, the premium was like >30% is it? Could be wrong.

I read something like IRB requiring luno to KYC and news report quoting IRB that gains from crypto are subject to personal income tax rates.

Edit:
(No tax) - http://www.theedgemarkets.com/article/cryp...ache-regulators

(Tax) - https://www.thestar.com.my/tech/tech-news/2...ian-income-tax/

I personally been to IRB office 2 months back and asked about whether crypto gains are subject to income tax. The officer said it should be declared as personal income as they are 'dividend' paid by these exchanges. Don't think he understand the situation.

Cheap way, Convert to BNB-XRP,
XRP transfer to Luno,
sell XRP at Luno.
Cash out from luno,

Make sure when transfer use your account, not from other people.