Cash A Blog

After eGold has serious problem with US federal law, many egold account holder are screaming because they can’t exchange it with real money and apparently no more merchant accept egold as their payment service. If I found a service still accepting egold, they have ridiculous rate. My money is still stuck in my egold account. If you have huge amount of egold, I suggest you to contact your lawyer so egold will send your outstanding balance. Or… you can wait until egold service restored into normal condition.

eBullion will follow egold?

eBullion has temprorarily closed their site and no other information regarding this issue. It come to think that eGold history will be repeated in other online e-currency that backed up with gold like eBullion, cGold, AlterGold, etc…

On Monday July 28, 2008 Jim Fayed’s estranged wife Pamela Fayed was stabbed to death in a parking structure at 1875 E. Century Park in Century City, California. The crime occurred at 6:30PM in daylight and was overhead by numerous people who responded to the victim’s screams. A surveillance camera recorded enough details for a rental car to be identified by license plate and for a suspect description to be announced. She was due to appear that day in one of several ongoing legal meetings in her divorce from Jim Fayed and was reportedly attempting to stop him from moving or hiding some of the joint assets involved in E-Bullion. As of Monday, August 04, 2008 Jim Fayed is in United States Federal custody where he faces felony charges of conducting unlicensed money transactions via E-Bullion. Federal authorities have seized $60,000 in cash, $3,000,000 in gold bullion and a credit card that allegedly was used to pay for the rental car that fled from the murder scene

Additionally, the e-Bullion website was taken down for a 4 hour “maintenance” window at 1PM Pacific, August 5, 2008. To date, the website is still unavailable. Just hope that eBullion will back to normal soon.

There’s a rumor that egold will make big change in November 2008. Let’s wait then.

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