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Topic: [2016-01-15][Forklog.net] Cryptsy Admits Its Insolvency (Read 255 times)

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Cryptsy Admits Its Insolvency

Following the post in Cryptsy’s blog stating the exchange had been subject to a hack in July 2014, the controversies around the company has gained momentum. Loss of funds would result in inevitable bankruptcy for the company.

According to the entry, Cryptsy lost about 13,000 BTC (then around $7.5 million) and 300,000 LTC ($2.08 million) in the attack. The company also states that Lucky7Coin developer is responsible for the attack.


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