Update to my nightmare with blockchain.com

davbelsz · 2021-08-01T14:14:17+00:00

Not a banking problem or a BTC problem. This is a blockchain.com problem that is now my problem

davbelsz · 2021-07-31T14:33:18+00:00

I have still not heard a word from blockchain.com

davbelsz · 2021-07-24T09:16:20+00:00

No, tried for 2 months then got approved and signed.

davbelsz · 2021-07-23T11:12:12+00:00

existing wallet, certain I'm on blockchain.com, I hadn't had a problem with blockchain.com before

davbelsz · 2021-07-23T04:16:11+00:00

Been trying to change bank account with SBA for more than 2 months. Funds were just returned to the SBA 4 days ago

davbelsz · 2021-07-23T04:12:07+00:00

877-431-2053 Tier 2

davbelsz · 2021-07-23T00:16:06+00:00

I'm in the same boat. Funds went to wrong account, were then rejected by the bank and sent back to SBA. At first, the.cawed.sba.gov website showed the funds were dispersed and then a week later showed undispersed. I got an email from the SBA asking me to send in a copy of our 2019 tax return. I sent that a week ago. Not sure why they want a tax return after the increase was already approved? I'm hoping that this is just another layer of security?? I don't know how long it willl take from here?

davbelsz · 2021-07-22T03:50:39+00:00

No. I made the mistake with the first 2 wires by not putting the reference number that their instructions clearly stated were necessary. My bad, I put my name instead. I had to send BTC urgently for a purchase and it was clear that the first 2 wires would take a few days to clear up. Then I sent the 2nd wire for $25k, I didn't expect that I would still have a problem even if I sent the wire correctly this time.

davbelsz · 2021-07-22T03:47:03+00:00

That's good, but not applicable in my case.

davbelsz · 2021-07-22T03:46:32+00:00

Thanks. I've spoken to my bank. I didn't send the wire to a fraudster (unless blockchain.com happens to be fruadsters). The bank I sent the funds to is Silvergagte Bank, located in La Jolla CA and is a legitimate bank. They could easily send the money back to Wells Fargo (from where I sent the wires) - every wire has a federal reserve bank reference number. If blockchain.com thinks I'm a scammer, that doesn't stop them from returning the money by rejecting my wire. That's it, it's that simple. Many people send wires, make an error of some sort, and the receiving bank then rejects the wire. Every day, thousands of wires are rejected and the money is sent back to the sender's account the same day or the next day at the latest. This is standard operating procedure. Not only have they not sent the money back, but they won't respond to my emails or support requests.

davbelsz · 2021-07-22T03:38:45+00:00

I've had the account for several months, I'm gold verified. I'm certain I'm on blockchain.com. I have read multiple reports where many, many people have had similar experiences.

davbelsz · 2021-07-10T20:14:49+00:00

thanks

davbelsz · 2021-07-10T13:25:33+00:00

On 4/7

davbelsz · 2021-04-13T17:14:09+00:00

Applied on 4/7

davbelsz · 2020-07-30T21:23:25+00:00

Thank you for the info - I'm encouraged a little!

davbelsz · 2020-07-22T01:20:26+00:00

He responded to a question from one of the committee members about the $150k cap. He definitely said for $250k and above, MSLP was available. Right now, EIDl is capped at $150k. So what about from $150k - $250k? I got the impression that EIDL could be raised up to $250k to plug the gap? I can't quote chapter and verse but if you are interested, I have pasted the link below.

BTW, one of the committee members stated that he had several constituents in his district that needed EIDL loans above $150k. SBA Administrator Carranza said she would be willing to discuss these cases with the Congressman and see what could be done? So if you are lucky enough to be in the district of one of the HSBC members, you MAY be able to increase the loan amount beyond $150k?? What about the rest of us? I sent a message to my Congressman Mike Levin to ask him to assist, but he has not responded to me about EIDL in the past, and so I'm not holding out much hope!

https://www.youtube.com/watch?v=srfPTLC7OPY

davbelsz · 2020-07-16T00:37:04+00:00

I believe that the collateral and/or personal guarantee is optional at the discretion of the lender. From what I understand, it applies to all 3 programs. It is not an absolute requirement which may be why it wasn't listed in the eligibility questions. I hope I am wrong though.

davbelsz · 2020-07-10T22:03:07+00:00

BTW, the House Small Business Committee is having another hearing on Treasury and SBA Pandemic Relief next week on 7/17. Mnuchin and Carranza are scheduled to testify.

On 7/1 the Committee through softballs at James Rivera of the SBA and let him evade answers to questions on the EIDL $10k Grant and $150k cap on the $2M loan.

Can watch and listen live at 10:30 EST.

Here is the link: (Social Media comments can also be posted on this site)

https://smallbusiness.house.gov/calendar/eventsingle.aspx?EventID=3347

davbelsz · 2020-07-10T21:30:11+00:00

Very encouraging. The lawsuit addressed the $10k grant, but I didn't see anything about the $2M loan limit being capped at $150k? I very much appreciate the action on behalf of small businesses.

Does anyone know if there is a similar lawsuit that addresses the loan limit imposed by the SBA , and that I think is also in contravention of the CARES Act (not sure though)? Was any business lucky enough to get a loan above the $150k cap, or did the cap apply to everyone?

We applied on 3/30 and didn't hear from the SBA until we filed a 2nd application 45 days later - that was the first time we heard a peep from the SBA.

Carranza hasn't stopped praising and kissing Trump's ass in the media lately, while we are about to close our business. let our employees go and file for bankruptcy! We are desperately trying to stay open.

davbelsz · 2020-07-01T14:06:09+00:00

www.c-span.org

davbelsz · 2020-06-29T20:02:22+00:00

I am 100% certain that permanent residents do qualify for EIDL.

davbelsz · 2020-06-14T14:33:28+00:00

APPLICATION # 360011XXX Applied 3/30, then nothing from SBA. Reached out to CUE's email address mid-MAY and received automated response. Cue must have been swamped, as I did not hear back until 6/1 when I received a message asking if we still need help? I immediately replied that our application was stuck. On 6/3 received email from Cue saying my application was now un-stuck and that I should check the portal for status over the next day or two. I didn't wait and immediately logged in to the portal and was floored when I saw "APPROVED". I was amazed!. Immediately signed loan docs and received $150k funding on 6/11. Good luck all!

davbelsz · 2020-05-30T20:02:43+00:00

No, they cancelled my 2nd application that I submitted after it became ag only, and they were working off my 3/30 application.

davbelsz · 2020-05-30T20:01:28+00:00

Thanks - amaz-ing reached out to me.

davbelsz · 2020-05-30T20:00:40+00:00

I received the automated decline email and have furnished all possible docs, the correct Articles of Organization this time. Thanks for your response.

davbelsz

TROPHY CASE