I agree there withdraws and deposits where super fast never had a problem.
I liked them too. After their hacking problems, I decided I couldn't keep coins in my account but I did transact all my trades with them to help support the replenishment of their funds. In sincere appreciation of my support, they stole 443 litecoins from me.......
On 3/21, I transferred Bitcoins to my account and traded them for LTC. It required multiple trades and I had 443 LTC in my account within 45 minutes. I literally sat by my computer until the last trade, then tried to transfer the LTC back to my wallet as soon as it showed up. That's how I've conducted every transaction with any exchange. I received the "pop-up" error when I tried to transfer back. I alerted Vircurex to the problem and soon after, a post when up that they were aware of the problem and working on it. I retried the transfer hundreds of times over the next few days using different computers, OS, and browsers - same error.
Of course, a few days later my 443 LTC are frozen and I'll never see them again. They allowed me to deposit and trade when they knew, but did not disclose to me, they would seize my funds and distribute them to someone else. Vircurex resorted to stealing new trade desposits. This is not bad business, this is criminal activity.
Kumala should not only be sued, he should be arrested.
Does anyone have any personal information on this crook?
dude you need to take some responsibility for this too... after mt gox collapsed and so many other exchanges were attacked.. only a complete fool or extremely wealthy gambler would move that many coins to any exchange.
I got sucked into this one too.. I saw some cheap LTC and without thinking I deposited some BTC and sold other coins so I could buy them up.
it was only after I had bought the LTC that I noticed the warning that funds would be frozen (It was not posted very prominently at all)
so on the one hand yes I was a little annoyed that my funds were frozen but on the other hand I'm equally annoyed with myself for not realizing that something was afoot with such extraordinarily cheap prices.
the bottom line of course.. you were the stupid enough to put that many coins onto the exchange and so now you have to wait several (perhaps many) months to get them back...
remember kids... this is bitcoinland you cant expect people to be honest and upfront all the time, you can't expect people to protect you from your own stupidity and in the bitcoin network.. you cannot prevent people from sending you money (ie making deposits)..
so please don't try this at home...
just my 2c.