Well, I guess it had to happen sooner or later. After E-gold being indicted by the US Goverment a few months ago, it seems as though they are changing their ways. No longer will they be an anonymous e-currency like they had been for the prior 11 years up to this point. Over the last 1-2 days there have been a huge number of egold accounts being blocked. We believe they may be blocking accounts that they feel are involved in money laundering or illegal activity. They may also be blocking accounts that they feel have the wrong personal contact information associated with them. Here is a copy of an email E-gold will send you with the reason of the block:
Your account has been blocked under our Rights of Association clause in the
account user agreement.
Quoting from the e-gold Account User Agreement:
— begin quote
4.6. Right of Association
Issuer reserves the right to refuse service to particular individuals or
entities, at its sole discretion, with or without cause.
— end quote
There are people who have done nothing wrong, and now have thousands of dollars in e-currency locked in their accounts. Luckily E-gold promises to resolve the issue and unblock accounts as long as you send them information to verify your contact details in your account. Here is the email you will most likely get if you contact support about an account being blocked:
In order for us to assist you with the block we will need due
documents. Please mail (or preferably, use a courier service such as
or DHL) original notarized copies of all of the following information:
a) A signed and notarized affidavit listing: Name, address, and
number for the owner of e-gold account 4470514
b) Copy of a telephone or utility bill that has the same address stated
c) Notarized copy of Passport or Driver’s license for the account
175 East Nasa Blvd.
Melbourne, FL 32901
Attn: Due Diligence Unit
Please include a copy of all email correspondence on this matter with
due diligence documents.
What we recommend doing if you didn’t already check your account details to correct any errors in your personal information they have on file, do so immediately. We will update everyone as the situation unfolds. There is a thread at the Talkgold forum all about these recent bloackages. Check it out at: Talkgold E-gold Updates.
(Thanks to vit4ek, from talkgold for the emails)