Topic: [CRYPTOSTOCKS] Vircurex [VCX] - Going public (Read 15519 times)

The guy is a scammer and a loser for doing such a thing to his users/customers.

Karma does come back around...

Would you leave thousands of dollars with a complete stranger?

Then why would you do this with bit coins on an exchange where the guy running it you never met in person?

Kumala, you got to answer.

Not the most uplifting news.  Wish things had worked out better for those that lost Bitcions.  I for one hope some reasonable resolution well make it's way out of this mess.

I've been pretty angry regarding what Kumala did but now I'm just heartbroken.  All I did was move some coins into Vircurex to trade them in late March and couldn't get them back.  Kumala claimed there was a technical error he was fixing but then he froze (stole) them.  He promised to make up his losses without affecting user accounts then went back on his word.  He claimed he was fixing a technical withdrawal issue and stole those funds too.  That second lie costs me a lot of money and heartache.  Here's why:

My autistic son will be graduating from high school in June.  It has been such a long journey for us and we are very proud he has made it.  My wife and I asked him what he wanted as a graduation gift and he said he'd like a cruise to Alaska.  Normally we could never afford that trip but I had enough cryptocurrency to just swing it.  I tried to trade the coins on Vircurex so I could monetize them.  Instead, Kumala stole them from me.  I've tried everything to get him to return them and he won't even respond to me.  Monday, I saw Kumala unfroze .00026808 LTC of my total of 450 LTCs.  I guess I was fooling myself thinking somehow I may get my coins but now I know I won't.  My wife recently cancelled our trip and today I told my son we can't go because someone stole the money. He was heartbroken and I was humiliated.  I'm now selling all of my mining equipment in the hope of raising some cash for a more modest trip.

I don't need sympathy and I certainly don't need people telling me it's my own fault for trading on Vircurex.  I just want people to know (especially Kumala) that what he did had real consequences for people.  Does Kumala realize when he steals people's coins it could effect their lives? 

I'm beyond upset now.  I'm heartbroken that he could be so callous as to steal people's wealth with no regard to how he is hurting them.

lol yesterday volume 23 btc
http://www.cryptocoincharts.info/v2/markets/info

vircurex is dead


two coffee day in fee

 
time to sell share

wow

how the hell nobody says shit about the 2800 BTC that vircurex is missing on top of the 2013 hacked coins for a total of 5000 missing coins?

will you wake up? here's the order book on the buy side for vircurex shares on cryptostocks (the other exchange owned by kumala)
guys 5 fucking thousand missing bitcoins and someone is still bidding this shit?
my advice: sell the last share you own before it goes to zero or it disappear along with the exchange itself!

Buy orders (BTC)
Price   Quantity   Amount
0.065001   1   0.065001
0.060001   1   0.060001
0.060000   1   0.060000
0.056003   1   0.056003
0.056000   1   0.056000
0.055014   5   0.275070
0.030000   24   0.720000
0.025200   4   0.100800
0.025100   200   5.020000
0.025006   5   0.125030

without more information from Kumala

don't trade anymore with this scammer on vircurex and cryptostock

no more bullishit with kumala.. enough is enough, now either he refunds some stolen money or VIRCUREX IS FUCKING DEAD

I opened a new thread

https://bitcointalksearch.org/topic/vircurex-is-now-missing-5000-btc-scam-lets-find-kumala-569037

let's find this scammer

i'm waiting


but imo:


[    ] honest people explain

[ * ] fucking scammer don't explain

WTF!??!!? how the hell did he lose so much! numbers from latest report don't add up!!

Kumala
is this a joke??

how is it even possible that you are in this situation?
the losses due to the theft were much lower!

from the 2013 may report:

The total losses of the security breach are
1454 BTC
225,263 TRC
23,400 LTC

and from the august report the FTC stolen were 150k

FTC double spend attack causing a loss of 150,000 FTC

and now it's a total of over 5000 btc most part of which is due to missing 125K LTC???
no fucking way!

BTC:
Number accounts with frozen balances 352
Total frozen amount 1,748.50 BTC
FTC
Number accounts with frozen balances 42
Total frozen amount 152,106.24 FTC
LTC
Number accounts with frozen balances 2625
Total frozen amount 125,883.05 LTC
TRC
Number accounts with frozen balances 77
Total frozen amount 127,835.98 TRC


so BTC were 1454 now are 1748 = 294 more
LTC were 23400 now are 125883 =  102483 more, total in btc at these prices 3184!
FTC more or less the same for equivalent 30 BTC
TRC were 225263 now are only 127835, so almost half of it, for an equivalent of about 38 btc

Total BTC missing: 1748+3184+30+38 = 5000 BTC

this is unbelievable, so either you are blatantly lying, or you lied in past or you are a fucking retard. I believe the three of them unless you give us more explanation.

oh noes did you guys send your bitcoins to a random anonymous internet dude again

HOW DOES THIS KEEP HAPPENING

The people who know him were the first to get paid off.  That's why it's so hard to get info on kumala.

Think of it, he runs Vircurex, Cryptostocks, and raised money by going public and not a single document or communication identifies him by name.  He is only known by his bitcointalk pseudo "kumala".  With all the problems he is having, he should be releasing information about himself to reassure people he is legitimate.  Instead, he has gone dark and even more secretive.  Does that look like the behavior of an upstanding person who wants to do right by his customers or does it look like the behavior of a criminal?

Again, he took our funds but won't even allow us to know who he is!  It's time to stop kidding ourselves.
There are people out there who know who he is and are using these boards (I know this for a fact).  They need to come forward....please...

Yes, how we can find the address of this company which owns site vircurex.com? From http://whois.domaintools.com/vircurex.com there shows no name property. Hidden like information. Let us who have blocked funds to organize and find him and do a collective's case to court in China.

Petarv, I agree with you completely.  Kumala claims he's burdened with answering 10,000 emails.  It's only a burden if you are actually replying to them, and we all know he's not.

I am really concerned about the "frozen funds" designation.  For me, not only was a fund transfer interrupted and my coins were given to someone else, but now he refers to my loss as "frozen funds".  Technically, funds that are frozen actually exist but aren't available to withdraw.  He has admitted the funds aren't there.  So our "frozen funds" are actually an IOU with absolutely nothing backing it up.  He can pay you if and when he feels like it.  These are the kinds of misrepresentations (like his coin withdrawal technical error) that put him into a whole new category.  This is criminal misrepresentation.  People go to jail for doing what he has done.

Kumala needs to restore these funds and stop scamming people.

"we'll be fully disclosing the financial situation ..."
Say when you will restore our money and not any information that is not signed by an independent external auditor! On the site https://vircurex.com/main/feedback  you have given information that

We have taken the utmost care to provide you with a stable, performant and secure environment. Nevertheless, as part of our continuous improvement program, we are looking forward to your feedback on how we can further enhance our web page.
 Contact us:
Skype vircurex
eMail [email protected]
  
  
"secure environment." Where is it? How sounds in advance granting of information/promise for management of foreign money of users?

And where in the general conditions of your site has the power to hold our money in this way? Just find the money and return it to us!
If I have to fly to Beijing I will do. I had 9.4 BTC. It's true that other users had many more but this quantity is not a little! I've spent this BTC and more on this site and I have honestly earned it and do not want another which is incapable to wasted it! Sorry about that, but you say that

"We have taken the utmost care to provide you with a stable, performant and secure environment." and there is the result when I log in on my account

"Frozen funds
Your account has frozen funds (the reason why you might not see all your coins in the balances). Please read this announcement about the details."

 I want this site to continue to work and I to be able to spend more, but have to find the money and return them to us!

Well then you were a victim of theft like me.  I moved BTC into my account and traded for LTC.  I then tried to withdraw my LTCs and got the error.  My entire transaction took minutes and I should have been in and out in 1/2 hour.  Kumala posted a message stating the problem was being addressed.  Now somehow our funds were swept into the pile and given to other people.  This problem had nothing to do with his shortage UNLESS he purposely allowed trades so he could steal the deposits to help deal with his shortage.  That would make him a crook, pure and simple.  If the technical error was real, the withdrawals THAT SHOULD HAVE OCCURED BEFORE THE FREEZE must be completed.

this is an issue I haven't considered, but actually in March between the 19th and the 20th I had deposited 14.33 btc!

Kumala,  You owe some of us more than a disclosure of your shortfall.  Some of us transferred coins between 3/19 and 3/22 for trades and our coins were stolen.  It was portrayed as a technical issue that was being worked on but then our accounts were frozen.  This is a completely different issue than your shortfall.  Your number 1 priority should have been, and now needs to be, restoring the funds of those who received the withdrawal error you promised to fix.  This cannot be a large number of people but your liability towards these accounts is much more severe as you engaged in overt fraud during this time.  I will be patient with my prior deposits that were frozen but insist you restore the coins that were stolen and distributed to others during the 3/19 - 3/21 period.