JT Financial is now SLWallet

Almost a month after the Second Life banking ban went into effect, JT Financial accounts were converted into SLWallet. What is SLWallet?

If you’re like us at The Magpie, you would want the money you banked with JT Financial. We must add though, that Arbitrage Wise has been transparent all the way along.

According to Your 2nd place, this means that …….

• JT Financial accounts are now shares of SLWallet
• The decision was made by Arbitrage Wise so that they could give people money back – It is imperfect. Everyone knows this, including Arbitrage Wise and employees of JT Financial. But since they couldn’t pay everyone out immediately, they are paying out over time
• If you do not have your password, go to the ATM at SLCapEx and type /10 password. Then log in to SLCapEx.com. After you log in, go to the SLWallet page
• If you need your SLWallet shares sold immediately to be converted to Linden dollars, you will take a bath in dirty water. Present buy orders by the sharks are no higher than 0.5 Lindens per share. It can be avoided if you do not need immediate cash, but to take this bath, sell at Market prices. These are the areas to fill in on the left.
• SLWallet shares are being purchased back at $1.03 per share by SLCapEx as funds become available
• To sell your shares at $1.03 per share, you need to place a Limited Sell Order – which is on the right. Type in the number of shares in the top right, under ‘quantity’, and set the price to $1.03 in the lower right under price –I have heard reports of some people already getting their Linden dollars back, some taking a bath, and some have figured out the system.