Cryptopia Cryptocurrency Platform Services and Development - page 41.

jhenfelipe

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Quote from: virasog on October 06, 2019, 09:53:12 AM

Which KYC process ? I have been regularly following the Cryptopia website and there is nothing mention about the KYC etc. Are they showing any intent to return the customers funds if they do the KYC ? Although this requirement looks ridiculous but I want to know complete information what's going on.
I have my funds stuck in there and I badly want them back.

If you regularly follows Cryptopia website, you probably saw the links to Updates from the Liquidators. The last update was from 20 August 2019, visit the link to see all details.

From that update they mentioned about KYC. Though the process wasn't stated there yet, it seems certain that customers are required to go through that if they want to get back their crypto-assets.

What I was worried about is, if the customer didn't put any real identification in their website, would they still be able to get their crypto-assets when they do the KYC. Iirc, Cryptopia didn't require much information in the website, username is enough.

TheCryproMaster

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They will deservedly die like the steaming pile of shitcoins they are.

BTC store of value. ETH smart contracts. XMR anonymity. LTC cheap transactions. Maybe a handful of others with real world uses.

The rest is dogshit not worth wiping your ass with and deserve to die with these dead exchanges.

noormcs5

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Quote from: RivAngE on October 05, 2019, 11:49:11 AM

Quote from: JollyGood on October 01, 2019, 08:25:16 AM

So another one is closing down so it Novaexchange.

If they are not closing down they are getting hacked - what is next?

We'll end up with just a few, high-quality exchanges.
We never needed 200 unregulated exchanges in the first place. The bear market made it clear to them.

The small exchanges like Novaexchange, Cryptopia , yobit (it will continue to exist) were the heaven for the new coins. The big exchanges like Binance and bittrex requires too much fee to list the coins which the small projects cannot afford to pay.
With all the small exchanges shutting down, what will happen to those coins which are only listed on these exchanges ?

virasog

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Quote from: pinoycash on September 30, 2019, 10:22:25 AM

Quote from: JollyGood on September 29, 2019, 05:27:37 PM

Quote from: Viper1 on September 28, 2019, 12:13:43 PM

Quote from: fallenkeith72 on September 28, 2019, 11:13:49 AM

is cryptopia alive?

It's dead Jim.

Sadly still not clear what will happen to the funds after they give enough time for people to make their claims.

Are they processing KYC procedure now? I lost track on what is currently happening now with crytopia after the last update.

Which KYC process ? I have been regularly following the Cryptopia website and there is nothing mention about the KYC etc. Are they showing any intent to return the customers funds if they do the KYC ? Although this requirement looks ridiculous but I want to know complete information what's going on.
I have my funds stuck in there and I badly want them back.

JollyGood

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Quote from: RivAngE on October 05, 2019, 11:49:11 AM

Quote from: JollyGood on October 01, 2019, 08:25:16 AM

So another one is closing down so it Novaexchange.

If they are not closing down they are getting hacked - what is next?

We'll end up with just a few, high-quality exchanges.
We never needed 200 unregulated exchanges in the first place. The bear market made it clear to them.

There will be many of these exchanges around for many years. Useless exchanges with ownership details in ToS can be seen everywhere. Many post their services here and have dedicated users who post nothing but positive things about them even though nobody in their right mind would use them.

RivAngE

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What doesn't kill you, makes you stronger

Quote from: JollyGood on October 01, 2019, 08:25:16 AM

So another one is closing down so it Novaexchange.

If they are not closing down they are getting hacked - what is next?

We'll end up with just a few, high-quality exchanges.
We never needed 200 unregulated exchanges in the first place. The bear market made it clear to them.

Timelord2o67

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Ditty! £ $ ₹ € ¥ ¢ ≠ ÷ ™

Just a reminder I'll be at Ferrymead this time next week if anyone is in the area and wants to say G'day and have a chat about how badly managed Cryptopia turned out to be...

JollyGood

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So another one is closing down so it Novaexchange.

If they are not closing down they are getting hacked - what is next?

DADIBLAND

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Quote from: Finger on October 01, 2019, 06:46:41 AM

Quote

WE ARE CLOSING DOWN SOON.
Read the announcement for full details.
Please make sure all withdrawals are completed before the 1st of December 2019. https://www.coinexchange.io/

This site respects its users
Cryptopia is thieves
They defrauded the members

Finger

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Quote

WE ARE CLOSING DOWN SOON.
Read the announcement for full details.
Please make sure all withdrawals are completed before the 1st of December 2019. https://www.coinexchange.io/

TheCryproMaster

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As my crypto trading days are now over and have too much time on my hands I have for the past month sat outside the GT offices at lunch time and can confirm those liquidators lunches are getting longer, going on to 2 hours now. At this rate they soon wont be able to get any work done as their fat asses wont be able to get through the front door.
And yes there are restaurants, bars and cafes here in Christchurch accepting btc, ain't that just fucking handy eh.

scambust

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Quote from: pinoycash on September 30, 2019, 10:22:25 AM

Quote from: JollyGood on September 29, 2019, 05:27:37 PM

Quote from: Viper1 on September 28, 2019, 12:13:43 PM

Quote from: fallenkeith72 on September 28, 2019, 11:13:49 AM

is cryptopia alive?

It's dead Jim.

Sadly still not clear what will happen to the funds after they give enough time for people to make their claims.

Are they processing KYC procedure now? I lost track on what is currently happening now with crytopia after the last update.

No..

Faster to check the website. At least it is always up. And to read the FAQs pertaining to the liquidation. Here are some excerpts:

Quote

3. Will I get my coins returned on the conclusion of the investigation?

The purpose of the investigation is to confirm the amounts owing and available to return to customers. Until the investigation has concluded, we cannot confirm whether individual customers will get all of their crypto-assets returned.

4. How long will the investigation take?

Due to the complexity of the investigation and the number of customers and stakeholders involved, we expect the investigation will take months. We will keep you informed as information becomes available.

https://support.cryptopia.co.nz/csm?id=kb_article&sys_id=20d84d54db69778084ed147a3a9619bc

This feels like a two or three-year problem before being resolved.

RivAngE

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What doesn't kill you, makes you stronger

Quote from: pinoycash on September 30, 2019, 10:22:25 AM

Quote from: JollyGood on September 29, 2019, 05:27:37 PM

Quote from: Viper1 on September 28, 2019, 12:13:43 PM

Quote from: fallenkeith72 on September 28, 2019, 11:13:49 AM

is cryptopia alive?

It's dead Jim.

Sadly still not clear what will happen to the funds after they give enough time for people to make their claims.

Are they processing KYC procedure now? I lost track on what is currently happening now with crytopia after the last update.

What is happening is obvious, some Cryptopia officers are seen in the pictures bellow, trying hard to return the money they owe to their customers!
You have nothing to fear mate! Grin

pinoycash

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Quote from: JollyGood on September 29, 2019, 05:27:37 PM

Quote from: Viper1 on September 28, 2019, 12:13:43 PM

Quote from: fallenkeith72 on September 28, 2019, 11:13:49 AM

is cryptopia alive?

It's dead Jim.

Sadly still not clear what will happen to the funds after they give enough time for people to make their claims.

Are they processing KYC procedure now? I lost track on what is currently happening now with crytopia after the last update.

JollyGood

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Quote from: Viper1 on September 28, 2019, 12:13:43 PM

Quote from: fallenkeith72 on September 28, 2019, 11:13:49 AM

is cryptopia alive?

It's dead Jim.

Sadly still not clear what will happen to the funds after they give enough time for people to make their claims.

shaw1

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I wish there was a way to donate my funds from cryptopia.
About 100 bucks or so in various stuff.
Not enough to hurt, and certainly not enough to go through the KYC "security" proceedings.

But it'd be nice if I could just allocate it to someone OTHER than the liquidators or the Cryptopia ~~scammers~~ operators.

Viper1

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Quote from: fallenkeith72 on September 28, 2019, 11:13:49 AM

is cryptopia alive?

It's dead Jim.

fallenkeith72

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is cryptopia alive?

JollyGood

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Quote from: Timelord2067 on September 27, 2019, 05:39:17 PM

Quote from: Finger on September 27, 2019, 05:44:04 AM

They say only verified accounts can withdraw.

As I said in the flag thread that I created:

Quote from: Timelord2067 on September 26, 2019, 12:30:14 PM

A question came up in a seperate thread asking if you knew what their terms were, why did you still sign up (but not complete the KYC process) ? Well, on novaexchange's website they had tiers for signing up, tier one was user name (plus AFAIK email which gets verified) - you can sign in and view the trading floor, but can't trade. Tier two you register (user name+email) and can then upload crypto and trade *but* you cannot withdraw unless you complete the KYC - most importantly, you are given 12 months from when you first register to complete the KYC process.

I can't recall cryptopia ever bothering with a KYC process - it's the liquidators who are insisting on a KYC process.

Somehow I can't see a user "Joe Blogs" with an email address [email protected] is going to come forward to claim his crypto... Roll Eyes

The administrators are asking for KYC probably because they have ulterior motives. Imagine sending KYC to the administrators only to be told they require more things such as explanations why IP addresses do not match the country of residence etc.

As for those distinctive email addresses I would agree - no chance of people with those types of email addresses coming forward.

Timelord2067

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Quote from: Finger on September 27, 2019, 05:44:04 AM

They say only verified accounts can withdraw.

As I said in the flag thread that I created:

Quote from: Timelord2067 on September 26, 2019, 12:30:14 PM

A question came up in a seperate thread asking if you knew what their terms were, why did you still sign up (but not complete the KYC process) ? Well, on novaexchange's website they had tiers for signing up, tier one was user name (plus AFAIK email which gets verified) - you can sign in and view the trading floor, but can't trade. Tier two you register (user name+email) and can then upload crypto and trade *but* you cannot withdraw unless you complete the KYC - most importantly, you are given 12 months from when you first register to complete the KYC process.

I can't recall cryptopia ever bothering with a KYC process - it's the liquidators who are insisting on a KYC process.

Somehow I can't see a user "Joe Blogs" with an email address [email protected] is going to come forward to claim his crypto... Roll Eyes

Topic: Cryptopia Cryptocurrency Platform Services and Development - page 41. (Read 174366 times)