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Topic: Cryptopia Cryptocurrency Platform Services and Development - page 77. (Read 173234 times)

jr. member
Activity: 349
Merit: 2
ben, wen withdrawal bro, if you want your qt azn monster girls, you should enable withdrawls  Cool

Pst I can even throw in a harpy and a snake girl dakimakura if you get it up and running bro
newbie
Activity: 15
Merit: 1
The point where the two situations diverged is this:
Quote
For the loss caused to our users, DragonEx will take the responsibility no matter what.

1. Cryptopia has issued no such statement.
2. Cryptopia has taken what was allegedly stolen from everybody's balance.

And it makes no sense to keep secret what was allegedly stolen, unless you don't want it found.
sr. member
Activity: 1246
Merit: 257
Totally the same, Ben.
Totally the same, Ben.  yep yep.

here's the point (which you went great to lengths to deflect and avoid mentioning)

"the stolen assets from DragonEx were transferred to the following address"

Transparency vs. Skunks

jr. member
Activity: 70
Merit: 2

First maintenance response

DragonEx
Quote
DragonEx first took its platform offline saying it was upgrading its systems.
Cryptopia
Quote
We are currently experiencing an unscheduled maintenance, we are working to resume services as soon as possible. We will keep you updated.
Quote

Same thing Cryptopia said



Second maintenance response

DragonEx
Quote
Later the same day, it announced that it was “still working on system maintenance"
Cryptopia
Quote
Update: We are still experiencing unscheduled maintenance. The next update will be at 8am NZDT (7pm UTC)
Quote

Again, same thing Cryptopia said



Breach response

DragonEx
Quote
Before finally disclosing that it had been hacked yesterday.
Cryptopia
Quote
On the 14th of January the Cryptopia Exchange suffered a security breach.
Quote

Oh look, a pattern



Informing appropriate Agencies

DragonEx
Quote
The exchange further said that it has informed several judicial administrations, including Estonia, Thailand, Singapore and Hong Kong about the attack.
Cryptopia
Quote
Staff then notified and involved the appropriate Government agencies, including NZ police and High tech crimes unit
Quote

This is getting weird...



Cooperating Fully

DragonEx
Quote
We’re assisting policemen to do investigation.
Cryptopia
Quote
We would also like to make clear that Cryptopia are cooperating fully with the investigation team.
Quote

Strange, just like Cryptopia...



Maintenance/Trading suspended

DragonEx
Quote
All platform services will be closed
Cryptopia
Quote
The Cryptopia Exchange will remain in maintenance mode, with trading suspended.
Quote



At this point, I honestly can't tell if four3200 is trolling or just oblivious to how they are handling it exactly as Cryptopia did... He has to be trolling surely...

sr. member
Activity: 1246
Merit: 257


Big exchange DragonEx hacked:

“We’re assisting policemen to do investigation. All platform services will be closed and the accurate assets loss recovery situation will be announced in a week. For the loss caused to our users, DragonEx will take the responsibility no matter what.


https://www.coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked



Takes full responsibility.
Already released TX details, within 24hrs, yet 3 months later, no TX given by christchurchNZ.

Hi BenTheAnonMod, do you think its true that Cryptopia is trying to reopen/resume full service at/or before april fool  thanks

https://chainz.cryptoid.info/uno/block.dws?1271974.htm
jr. member
Activity: 70
Merit: 2
Quote
Today we have re-enabled the API in another step towards restoring full service.

https://twitter.com/Cryptopia_NZ/status/1110704000255430656
jr. member
Activity: 87
Merit: 2


Big exchange DragonEx hacked:

“We’re assisting policemen to do investigation. All platform services will be closed and the accurate assets loss recovery situation will be announced in a week. For the loss caused to our users, DragonEx will take the responsibility no matter what.


https://www.coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked

jr. member
Activity: 87
Merit: 2

Read this interesting article for QuadrigaCX exchange written by its attorney:

https://www.coindesk.com/from-law-to-lawlessness-bits-of-the-untold-quadrigacx-story



It is not uncommon practice to see the financial statements, reports for the exchanges even in the 2015:

"In 2015, it was pretty much unheard-of for a digital currency exchange to have an auditor and to prepare audited financial statements that it made available to the public. It was more transparent than many exchanges today."


QuadrigaCX started as the most transparent business, but finished totally nontransparent, by this very good article.

jr. member
Activity: 349
Merit: 2
After seeing so much hate and butthurt trolls spreading FUD around here, I actually hope they don't enable withdrawals too soon  Cheesy I don't mind keeping my crypto locked there, as long as the trolls get mad because they can't withdraw  Cheesy Cheesy

That's a bold move, to be willing to part with all your EMB, SXC, MARX and TIT just to spite us.  Grin

tittiecoins...reeee, did they ever build tittie-o-polis? (legit question, I haven't seen the roadmap in forever)
jr. member
Activity: 349
Merit: 2
ben I will get on my knees, praise you as a god and kiss your socks if you enable withdrawals

wen withdrawal monies.


They cant do that or they will be struck down lol. Other option: you cant withdraw the funds those don't exist.  Cheesy

Fine, if ben opens withdrawals I would sweeten the deal by hiring thousands of smexy asian women to dance for him (however he wants *hint hint*) and send him all the awesome japanese monster girl comics that he could ever want, and that's in addition to me kissing the ground he walks on Wink

jr. member
Activity: 87
Merit: 2

Interest of the owners is to be paid from the company's profits.

All of their profits companies usually don't pay out to their owners.

There is always some retained earnings from last year and from previous years.

This exchange also very likely has retained earnings if it has some profits from previous years.

Owners of the company have their interests: to be paid out by dividends from the previous profits or the retained profits.

Clients have their interest to get what they bought  by trading at the exchange.

Clients bought many different coins and they want that coins.

Company offered to their clients some kind of  "tokens", "coins", "points" instead of coins they pose, instead of coins they paid.

If the clients want so, they (clients) can refuse exchange's offer to reimburse their coins by what they called CLM.

If the clients want so, clients can refuse their offer to reimburse their coins partially by NZD value on date determined by the exchange.

Remember, the exchange is not the court, and you can always refuse their offer if you don't agree with the exchange.

Also, for coins which are retained by the exchange (not allowing the withdrawal case), every client should have the right to get default interest defined by the laws.



Shortly, owners of the exchange want their retained earnings from the previous years, and clients want their paid coins. That two groups have opposite, conflict interests.

Clients have the bigger right and priority to their coins than owners have the right to get their retained earnings, all according to the law at the first place.

If some clients want to make agreements with the exchange to get their assets partially, then they will get partially what they paid.


Generally, the exchange owes us everything what we already paid or what we entered at the exchange for trading. We have the right for everything we pose at the exchange. Only the court can decide different. With the exchange we (every client) can make agreement the both sides, we (every client) and the exchange, agree with.


I thinks so, but the right opinion and advices everyone can get from the lawyer or attorney.





Will the exchange pay out dividends to its owners for the successful 2018 and previous years?


Will the sum of dividends be equal to the total profit for the year 2018, and previous years?


When will dividend day come?


member
Activity: 224
Merit: 24
After seeing so much hate and butthurt trolls spreading FUD around here, I actually hope they don't enable withdrawals too soon  Cheesy I don't mind keeping my crypto locked there, as long as the trolls get mad because they can't withdraw  Cheesy Cheesy

That's a bold move, to be willing to part with all your EMB, SXC, MARX and TIT just to spite us.  Grin
legendary
Activity: 2020
Merit: 1041
After seeing so much hate and butthurt trolls spreading FUD around here, I actually hope they don't enable withdrawals too soon  Cheesy I don't mind keeping my crypto locked there, as long as the trolls get mad because they can't withdraw  Cheesy Cheesy

Its been what 2,5 months now with no end in sight handled like amateurs at every stage and We are Trolling Them ?? you gotta be f*ckin kidding me just look at some of the post by the "un"  officials in here .. NOT what you expect from a multimillion dollar company.
sr. member
Activity: 952
Merit: 267
After seeing so much hate and butthurt trolls spreading FUD around here, I actually hope they don't enable withdrawals too soon  Cheesy I don't mind keeping my crypto locked there, as long as the trolls get mad because they can't withdraw  Cheesy Cheesy
lol, what if people will not stop trolling? then cryptopia is not going to allow withdrawal for the lifetime? Users have every right to troll the company in which they have their funds  Grin I think you don't have any fund in cryptopia.
jr. member
Activity: 53
Merit: 12
After seeing so much hate and butthurt trolls spreading FUD around here, I actually hope they don't enable withdrawals too soon  Cheesy I don't mind keeping my crypto locked there, as long as the trolls get mad because they can't withdraw  Cheesy Cheesy
hero member
Activity: 1316
Merit: 514
#whenwithdrawals  ??

that's the only question. Why do they want to hold our money? As a ransom against a legal action?

Yes this is the most pressing concern of all cryptopia customers.

I beg to differ. That is not the only question. An equally important question is when and how reinbursment?

Withdrawal should be their priorities since the reimbursement of losses will really take time, the most important thing for now is we need to withdraw whatever is left in our cryptopia accounts.
member
Activity: 224
Merit: 24
I beg to differ. That is not the only question. An equally important question is when and how reinbursment?
member
Activity: 365
Merit: 14
#whenwithdrawals  ??

that's the only question. Why do they want to hold our money? As a ransom against a legal action?
member
Activity: 224
Merit: 24
There's a new tweet with a link to a support page. I red there some interesting facts.

Quote from: Cryptopia
Following the events of January 14th the Cryptopia website was placed in maintenance to prevent any further issues from arising. Any users who sent deposits more than 24 hours after we announced the security breach (15/01/2019 12:00AM NZT) will not be recovered.
This means that if you sent funds after 16/01/2019 12:00AM NZT we will not be recovering those funds for you.
We do not have a deadline for when we will be recovering transactions sent before this cutoff, and any deposits that we recover will be subject to the same haircut that has already been applied to our users.
It means they can't be bothered to sync all the user's hot transitory wallets. Ok, let's say it's very intensive and the monitoring script was off so it's a hurdle. But how come they can recover transactions sent in the first 24 hours? Technically it's the same process as recovering later transactions.

But the second one is precious. If they are unrecovered deposits, how come they are included in the haircut percentage? Doesn't adding funds increase the base of the percentage, thus reducing it?  Wasn't the theft previous to the announcement, thus the theft amount is known and fixed? Grin

member
Activity: 328
Merit: 27
ben I will get on my knees, praise you as a god and kiss your socks if you enable withdrawals

wen withdrawal monies.


They cant do that or they will be struck down lol. Other option: you cant withdraw the funds those don't exist.  Cheesy
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