Topic: Bittrex scams $millions and the community is in denial phase! (Read 2038 times)

Bittrex is a ponzi scheme.  They are long gone.  The site is on automatic.  What they are doing is very illegal.  It may not have completely collapsed yet, as some people can still withdraw, and that is their plausible deniability, for now, but make no mistake.  They do not have your funds and they are not planning to give you your coins back, ever.  They have stolen your crypto tokens.  It has nothing to do with regulations.  They are scammers.  Period. The best we can do is launch a lawsuit and hope to settle for a fraction of what is owed to us.  Stop defending these criminals. 

Bittrex is a ponzi scheme.  They are long gone.  The site is on automatic.  What they are doing is very illegal.  It may not have completely collapsed yet, as some people can still withdraw, and that is their plausible deniability, for now, but make no mistake.  They do not have your funds and they are not planning to give you your coins back, ever.  They have stolen your crypto tokens.  It has nothing to do with regulations.  They are scammers.  Period. The best we can do is launch a lawsuit and hope to settle for a fraction of what is owed to us.  Stop defending these criminals. 

This is a real case happened with my friend on bittrex,
He's got hacked 10k USD, withdrew in BTC to another account. He cried it to the support team and guess what??? They replied with a sorry email including an activity report of his account.
SO BE CAREFUL GUYS...

This is a real case happened with my friend on bittrex,
He's got hacked 10k USD, withdrew in BTC to another account. He cried it to the support team and guess what??? They replied with a sorry email including an activity report of his account.
SO BE CAREFUL GUYS...

I really hope Bittrex have some explanation on this.

well, currently poloneix, coinexchange is still the most trusted exchange site for me.

Once upon a time, MtGox was a BIG exchange and messed up by doing a small mistake: putting all user deposits in the company's hot wallet which leaked and leaked up to a bankruptcy point ....

As a consequence by revealing the fact that bitcoin is vulnerable in its borders(exchanges), its price fallen down to the earth from the sky and remained  there for almost 2 years! Japanese authorities came to the scene and did their job as expected ...

it was an earthquake, initiated by a mistake not even an intentional fraud plot and yet ...

Now we have Bittrex, currently, one of the largest exchanges in the world and it is not about a technical mistake but a deliberate, sophisticated series of fraud and scamming people by the site owner(s),  thousands of users have been affected and millions of dollars have been gone into the packets of the thieves who are not responsive at all and has sufficed to make a very short misleading statement of no help, saying :"it is about 0.1% of the users" and doesn't say anything rational about why and how they have blocked users access to their funds.

Meanwhile their agents informally make false claims about a mysterious pressure by unknown authorities from unknown countries which is threatening the whole firm and its users and they have sacrificed those 0.1% to make their majesty happy and save the majority! Their support is totally dead, they have targeted the most weakest portion of the users, Iranians (like me) , users from Middle East, Eastern Europe, ... or users with very huge (for an exchange user) deposits.

The scam scenario:

1- In October 12 (or so) Bittrex changed its withdrawal policy, overnight, without any prior warning. As a result users with 'basic verification level' (verified minimally by e-mail) was no longer able to withdraw any funds. These users were able to withdraw up to 1 btc/day prior to the scam.

2- At the same time Bittrex invented a new term 'disabled account' and put thousands of the users on this state. This trick was applied to the users who couldn't be scammed by the first trick because they have passed the more advanced verification step, (they have been chosen deliberately for the scam based on nationality, deposit level, .. ).  

3- Plus, Bittrex invented a new rule for a 'disabled account': you can't close it (claiming your deposit) before withdrawing all of your deposit and you can't do that either because it is 'disabled'.

4-Bittrex robotic support, asks the victims to supply a foolish selfie, which of course has no effect on the situation, support is dead, forever.

Now, 45 days is passed and thousands of users have lost millions of dollars, no support, no apologies, nothing!

I started this topic not only to keep pressure on the Bittrex and warn users but also for a more important purpose: to ask WHY?

Why the community remains silent?

Why the authorities do nothing?

Why bittrex is up and running?

What has changed so bad that a scandal like this does not stop btc price to go higher?

Isn't it about we, bitcoiners, preferring to remain in the denial phase and afraid of seeing the ugly face of our market which is full of, (actually overloaded by) scammers and opportunists who do not care about anything or anyone other than their fat ass?

Aren't we, most of us, a light version of such an opportunist, fat, greedy asswhole, who just have come to this market to harvest easy money and do not see anything beyond our nose?

Isn't it what makes us indifferent to the Bittrex scam?

It is really funny. They all start so well, people tend to praise them and all of a sudden they just go bazooka on people's funds.

With the lack of support and the issue people are having with them presently with closed accounts, it is just more like daylight robbery and even the verified users should be scared. I am scared!

shittrex scammers

How is it related to the subject of the topic you write in?

Now so much scams on market among ICO projects. I think that audit reports can help with it. Because investors can see full information about costs of the project and will be calm. What do you think?

I think I'm another bittrex victim. Two weeks ago I sell 31 BCC and I didn't received yet the 5 BTC payment. I can see the operation in my order history, but neither in pending or in my wallet. I opened a ticket and I obtain two bot answers. Some ideas, some help please...
Thanks in advance.