Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 103. (Read 1006931 times)

Then I read somewhere that our coins will go to auction!? What the fuck...our coins, we have not stolen!!!

66.6 % of whatever is recovered. Right now the number of coins recovered doesn't equal number of coins lost.

If the coinbase suit is successful, it will be a much better payout.

People actually have to sign up for the suit, as Paul wiped records and servers. They don't know who all had accounts, or what was in it.

So you have to contact them them and do some paperwork.

Only those that are part of the lawsuit will get some of the funds.

 So the judge decided that it will be reimbursed 66,6% from our coins?

You're beating a dead horse man.

If you bothered to read this thread, you would know that.

We all know I drank the koolaid and fucked up by believing my employer, that is already known.

You have added nothing of value to this thread.

In the meantime, I am one of 2 old employees who have done anything at all to help people recover some funds. Thunderjet, Gleb and Spoetnik have contributed as well. I know it isn't all of it, and because of my position I only had so much access which means I could only do so much. The other previous employee had much more access and has helped recover more funds than anyone. 

Call scam some more, doesn't change anything.

When you have something of value to share, please feel free to do so.

We will all be waiting.

So it is true!? Now I saw the news. I filled out the form and I sent the request to the bankruptcy trustee, the 25/11/2016.


Boca Raton, Florida – December 15, 2016 (GLOBE NEWSWIRE) – Silver Law Group (www.silverlaw.com) and Wites & Kapetan, P.A. (www.wklawyers.com) have filed a nationwide class action lawsuit in federal court against California-based Money Services Business and cryptocurrency exchange operator Coinbase, Inc.
According to the lawsuit, Paul Vernon — the former CEO and principal operator of a cryptocurrency exchange and Money Services Business known worldwide as Cryptsy — converted approximately $8.2 million in Cryptsy customer assets over a three-year period and liquidated to his own benefit those stolen funds through accounts Mr. Vernon and Cryptsy maintained at Coinbase.  As alleged in the lawsuit, Mr. Vernon told Coinbase that the $8.2 million represented either a portion of the revenues Cryptsy had generated from its business or represented Bitcoin that Mr. Vernon himself personally owned.  Despite Mr. Vernon’s assertions of business revenue and personal ownership, Coinbase — as a Money Services Business regulated under the FinCEN division of the U.S. Treasury Department — was required to reasonably verify those facts.  The lawsuit asserts that Mr. Vernon’s claims were untrue, and Coinbase failed to satisfy its regulatory requirements or perform any reasonable investigation into the suspicious activity in Mr. Vernon’s and Cryptsy’s Coinbase accounts. Although the exact amount remains undetermined, the lawsuit estimates that the value of the digital funds laundered through Coinbase exceeds $8,200,000.00.  Mr. Vernon is believed to have absconded with those funds when he abandoned Cryptsy and fled to China in late-2015.
The class action lawsuit is pending in the United States District Court for the Southern District of Florida under Case No. 9:16-cv-81992.  As stated in the lawsuit, the class of victims pursuing relief includes “All CRYPTSY account owners who: (1) deposited Bitcoins, alternative cryptocurrencies, or any other form of monies or currency at CRYPTSY, (2) had such currency liquidated by VERNON and CRYPTSY through COINBASE, and (3) have been denied access to their accounts and funds between May 22, 2014 and the present date.”  The lawsuit asserts claims for aiding and abetting breach of fiduciary duty, aiding and abetting conversion, negligence, and unjust enrichment.  Also joining as a plaintiff in the lawsuit is James D. Sallah, Esq., the Receiver/Corporate Monitor appointed by the Court to marshal Cryptsy’s assets after Mr. Vernon’s disappearance to China.  Among his many responsibilities, Mr. Sallah is charged with protecting and retrieving assets belonging to Cryptsy or its customers, including by pursuing adjudication against those individuals and entities he believes acted in concert or participation with Mr. Vernon.  Many of the court documents relevant to the Receiver’s efforts can be found at www.cryptsyreceivership.com or at www.silverlaw.com.
If you have entrusted your cryptocurrency to an exchange or have lost money in alternative investments, you might have the grounds upon which to assert a claim to recover your losses.  Silver Law Group is a nationally-recognized securities law firm headquartered in South Florida, with satellite offices in New York and Washington, DC, representing investors worldwide with their claims for losses due to financial misconduct and investment firm negligence in securities litigation and arbitration matters.  Likewise, Wites & Kapetan is a South Florida-based firm that has represented Court-appointed trustees, corporations, investors, and shareholders in numerous multi-jurisdictional litigation matters involving securities, commodities, precious metals, asset recovery matters, Ponzi schemes and other investment frauds.  The two firms have each successfully recovered multi-million dollar awards for their clients.
To discuss your legal matter, contact David C. Silver toll-free at (800) 975-4345 or by e-mail at [email protected].

Grifter ? hahahha
Naw he's a Quisling
Sorry Horus i had to get in on this action  

And the Lori defense still fails guys.
Saying her behavior could have been worse does not justify her current bad behavior.
Especially in response to myself saying she should forfeit 200k willingly.
What type of broken ass logic is that ?

A bank Manager steals one million then has to pay back 200k..
You all say well he could have stole 2 million..
I say he should give back 750k WILLINGLY.

Work on the logic not the defense of fraudsters.

Hacker stolen btc 13k  ( also wallet's are blacklisted for  all exchange ),
Vern stolen or dump customers Btc 21k mark  +++
.
Who is most deadly hack or vern

^dude aren't YOU the grifter who helped steal the bitcoins!?--pay up now !  

" A grifter is someone who swindles you through deception or fraud.

Synonyms include fraudster, con artist, cheater, confidence man, scammer, hustler, swindler, etc. "

"unless, that is, El Hacko finds Jesus in the middle of some Chinese rice field" haha ok, that made me chuckle haha

Au contraire! Pennies on the dollar IS indeed money back.

Meanwhile, the pseudo Cryptsy hacker is still nesting on over $10M worth of bitcoins, coins that won't be part of the refund at the end of the Class Action way, way, way down the road unless, that is, El Hacko finds Jesus in the middle of some Chinese rice field:

https://blockchain.info/tx/c7b46a79fd8887038bd3a8e884b04820038415a60e0b9d2c2f5bcff68a2687bf

It's going to be interesting to see the outcome of the coinbase lawsuit. Anything from that will go to people who lost at cryptsy too. They may not get the full 8 million they're asking for, but anything is better than nothing. People just have to remember to actually email and join the class action. Even if you aren't in US, email and join. Some of the documents on the receivership website give proper instructions on how to join.  Lawyers have to give 66.6% back to people. Even if you don't have screenshots, you may be able to get in on action with your word and swearing on how much you had. Worth a shot for sure.

you won't see any money back

In Florida (where the house in question resides) it is almost impossible to force someone out of their house due to debt. It is a big win for the lawyers to have her give it up without much fuss. She could have lived in it for the rest of her life or taken out all the equity if she was not allowed to sell. If it was paid off (which I think it was?) she could have made out with the full value and let it default back to the bank. How much was it worth? $800K? She could have made out with $800K instead of $250K.

Years.

If the lawyers are winning when do we expect them to give us our money back? or at least 66.666% of it?

I didn't lose anything on Cryptsy.
Just trying to make sure we remember who the victims are here.
This is about them not his ex wife who could filibuster the proceedings "dragging it out".

Saying she could waste the money is not a defense for her walking away with the money.
Had it been fought out harder maybe it would have meant another 50k went to victims.
And maybe that would have meant another few hundred guys get there money back.

Her needs are not my concern.
Since it's said she probably had an idea things were sour way earlier..
Then she had plenty of time to go and get a JOB at McDonalds to pay for her kids food.

The fact Vern cheated on her is irreverent.
YES it sucks.. i've been there and i have felt the betrayal.
But it has no bearing on the financial matters here.

Don't get me wrong here people.. my "outrage" is orchestrated.
You think i really care about the greedy fools who knew better gambling with shitcoins on Cryptsy ?
Or the corrupt assholes running it ?
I don't care about any of them.. i was smart, i got out way ahead of time.
But if i have to take sides i will take the side of the victims.
And i will ham it up for their benefit and possible amusement.

The Lori "FUD" is for you Cryptsy victims

I like the part where Paul Vernon abandoned Cryptsy's office and nary another principal et al. made us the wiser, not even Mullick who was versed of the supposed hacked from the get-go. The best part I like is where Paul Vernon penned the infamous blog posting from the comforts of his new digs in China while perhaps having his dick sucked by some Chinese slut that may or may not be DCGirl (follow the link).

she could have dragged this thing out for years and eaten up 250000 in lawyer bills or more - so might as well just get it done and move ahead - though i get your sense of outrage - she gets a quarter mil when - in her divorce papers - she said she had reason to think he was gonna take the money and run - "abscond to china" to be with his "paramour" - something like that - i think she said in her divorce papers if i remember right - this was a couple months before crypsty got shut off - she probably had a better idea than anyone what paul was up to months before anyone else understood the totality of it

AND.. Lorie Nettles (BigVern's ex-wife)

I STILL find it offensive she decided it was acceptable to receive $250,000.00 from the house sale.

I think the sensible thing to do would have been to forfeit say $200,000.00 of it and keep $50,000.00.
Then tell the lawyers to divide the 200k up for the Cryptsy users who were ripped off.

She claimed she had mouths to feed etc.
Well, so did the users of Cryptsy who are out of THEIR money.

Whether she knew it was wrong "back then" or not is not the point..
She knew AFTER the fact.

What i see is a pitiful excuses from people behind a scam making excuses for their plush life style.
Paid for by honest users of the service called Cryptsy.

I don't see how she can justify the quarter million dollars in cash.
The trail of victims that have been strung along now for years on end with out their money.. wait.
As she saunters off a rich women with a cash prize.

Where i'm from if i won the lottery like she did receiving a quarter million dollars in cash
I would make it on the local news papers and online news web sites where i live.
For Lorie ?
It's just another day in the life of a women playing dumb about what her husband was doing illegally.

She has kids ?
Well guess what ?

The users of Cryptsy have kids and it would have been nice to have presents and a turkey dinner for Christmas for them.
Sorry there is no way in fucking hell i will be doling out sympathy of the rich spoiled fraud princess.

And if her kids read this.
I am sorry you are wrapped up in any kind of drama.
It's nothing personal with any of you.
I have to lay the facts on the table and say ok what do we have here ?

The Lawyers are winning.