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Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 181. (Read 1006931 times)

legendary
Activity: 1862
Merit: 1002
All my altcoin still on Crypt. Really bad Sad how i have to do to withdraw altcoin Sad  Cry Cry Cry Cry

Won't happen. They are gone. Now that Cryptsy is in receivership, it's only a matter of time until those assets are liquidated into USD and held in escrow until the court determines what will get distributed to creditors. Maybe in a few years, you may get 1 - 5% of what they were worth.
legendary
Activity: 1862
Merit: 1002
cryptsy holding all the casinocoins is going to be a huge blow for the community when 1 CSC = 1 usd. They have the potential to mess it all up. either way they are going to be rich out of it. Just by keeping our coins.



Let me get this straight. I checked casinocoin today, and it's worth like .022 cents with a volume of $340. USD.

HTF is it going to $1.00 USD?

I want some of the shit you're smoking.

It's a very real thing. Very shortly 7 Casinos will start accepting CSC at a minimum of $1/coin. An additional 10 have agreed to accept the coin in Europe following the launch in the Bahamas. Go read the CSC thread and look for posts from Gamingcoins.

legendary
Activity: 1862
Merit: 1002


Nah. That's the problem with this whole mess. Someone has to step up and make the call. Otherwise, this will drag on for years and nobody will get anything. So, I put a lot of thought into this and I feel that the best course of action for the injured parties of Cryptsy is to agree to absorb the loss for the stolen coins and the deposits, if he gives the casinocoins back. At least this way, we get the casinocoins back, there is no need for bankruptcy proceedings, and cryptsy can get back up and running with the coins they have on deposit currently (other than casinocoin because those will be distributed back to their owners). Maybe in time, cryptsy can start paying people back with it's future revenue.

I don't see a need to take a vote or anything. This plan will work. Paul, what do you think?




sounds like you gambled your "casinocoins" away ... looks like cryptsy was one big casino after all.  Shocked

I have just over 3m CSC in my private wallet. I personally only lost 4 (or maybe it was 7 - I can't remember) sprouts to Cryptsy. THis was a disheartening blow to lose those 4 Sprouts especially after the horrific $0.04 loss I had when mtgox folded. Best we can tell, Cryptsy has maybe 3m CSC that belongs to various community members and we did not see any large transactions around the time of the theft. So we believe they have the coins.
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
All my altcoin still on Crypt. Really bad Sad how i have to do to withdraw altcoin Sad  Cry Cry Cry Cry
sr. member
Activity: 377
Merit: 260

Vernon hired lawyer after receivership,not before - that means he knew there are no coins or money left on Cryptsy,but he needs a lawyer to save his skin from criminal charges.

How he will pay $400/hour lawyer when he claimed during divorce that he has no income at all and when he gave all his properties and money on US accounts to his now former wife?


That man without anything obliged to pay by divorce agreement:

- $20.000 for real estate tax on big house

- $15.000 fee for his wife lawyer Brinkley Morgan

- obliged to continue paying his $1.000.000 life insurance and $2.500 monthly for child support



There is no lawyer on Earth who will save him from criminal charges.  Angry




 
Happy2 see that ,he trap in from every were
Soon bitebi9 going to be in long maintenance 
When vern gone from China
sr. member
Activity: 916
Merit: 312
Vernon hired lawyer after receivership,not before - that means he knew there are no coins or money left on Cryptsy,but he needs a lawyer to save his skin from criminal charges.

How he will pay $400/hour lawyer when he claimed during divorce that he has no income at all and when he gave all his properties and money on US accounts to his now former wife?


That man without anything obliged to pay by divorce agreement:

- $20.000 for real estate tax on big house

- $15.000 fee for his wife lawyer Brinkley Morgan

- obliged to continue paying his $1.000.000 life insurance and $2.500 monthly for child support


Plus how he will explain 75 BTC received directly in cold wallet(and stayed there until theft) from one of seized Silkroad BTC accounts during time when Shaun Bridges controlled them?


There is no lawyer on Earth who will save him from criminal charges.  Angry




 
newbie
Activity: 44
Merit: 0
I dont expect we will see any of our coins back now that it is in receivership.
If i read correctly the attorney fees are $400 per hour, no cryptsy assets left, only our coins.

How will these lawyers keep the remaining coins safe from being hacked?

So many new questions.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
Can someone please point me to law-firms who are filing cases against Crypsty? I lost $$$$$. I am looking to file the lawsuit and see if I would be able to recover my money back. thanks.

I found the following at: http://silverlaw.com/media/news-releases/silver-law-group-files-class-action-lawsuit-cryptsy-principal-paul-big-vern-vernon/

Silver Law Group Files Class Action Lawsuit Against Cryptsy and its Principal, Paul (“Big Vern”) Vernon

Boca Raton, Florida – January 14, 2016 (GLOBE NEWSWIRE) – Silver Law Group (www.silverlaw.com), along with the law firm of Wites & Kapetan, P.A., has filed a nationwide class action lawsuit in federal court against Florida-based cryptocurrency exchange operator Cryptsy and its principal, Paul (“Big Vern”) Vernon.

According to the lawsuit, numerous Cryptsy account holders have been denied access to their accounts over the past several months and have been deprived of any ability to properly protect their assets amidst widespread reports of problems at the heart of Cryptsy’s business. While reports have been swirling in multiple media outlets that Cryptsy’s future is greatly troubled and that the company might be under heavy regulatory scrutiny, many Cryptsy account holders allege they have been unable to withdraw any and all forms of currency from their accounts.  The lawsuit asserts that despite repeated inquiries to Cryptsy, users are being left without any meaningful response or information from Cryptsy and have had their withdrawal demands either denied or tabbed as “pending” for days, weeks, or even months.  Although the exact amount remains undetermined, the lawsuit estimates that the value of the digital funds being held captive at Cryptsy exceeds Five Million Dollars ($5,000,000.00).

The class action lawsuit is pending in the United States District Court for the Southern District of Florida under Case No. 9:16-cv-80060. As stated in the lawsuit, the class of victims pursuing relief includes “All Cryptsy account owners who deposited Bitcoins, alternative cryptocurrencies, or any other form of monies or currency at Cryptsy and have been denied access to their accounts and funds between November 1, 2015 and the present date.”  The lawsuit asserts claims for negligence, unjust enrichment, conversion of funds and property, and violations of Florida’s Deceptive and Unfair Trade Practices Act.

If you have entrusted your cryptocurrency to Cryptsy or have traded through its web site and feel you have been misled, 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. Scott L. Silver and David C. Silver both have Martindale-Hubbell® Peer Review Ratings™ of “AV” Preeminent for achieving the highest ethical and legal standards. The firm has successfully recovered multi-million dollar awards for its clients. To contact David C. Silver to discuss your legal matter, call toll-free (800) 975-4345 or e-mail him at [email protected].
newbie
Activity: 29
Merit: 0
Can someone please point me to law-firms who are filing cases against Crypsty? I lost $$$$$. I am looking to file the lawsuit and see if I would be able to recover my money back. thanks.
vip
Activity: 1428
Merit: 1145
I invested previously in this coin and I'm very disappointed that developer just gave it up. Currently it can't even synchronize, because bitcoin-like clients are banned on undernet and rizon. So... I have to bring it up to life! Smiley I've corrected irc network and patched up openssl heartbleed vulnerability dependencies. That's most important things to do for a start. But there will be more!

Development plan:
- compiled windows wallet (80% done)
- p2pool support
- multipool (60% done - it was my primary project)
- website (10% done - bought really nice template)
- blockchain explorer
- refreshed logo
- more exchanges (Cryptsy is cool, but we need few more)

GitHub Source:
Virus - do not download or compile! --grue

https://github.com/alerj78/luckvirusy7coin

How to compile:
cd src
make -j 8 -f makefile.unix USE_UPNP=- USE_IPv6=1
strip lucky7coin

I like you taking care about LK7. I like old coins, dying..., so I am buying them and holding price at least at some level. I have bought almost 10% of all LK7 last days. I LK7 drops bellow 40 satoshi, I will buy more. right now I have bought enough LK7 from weak hands to stop sell pressure. Please do your job, create syncing windows wallet, I will than do the mine and push price up.




I agree 100%, buying broad spectrum of cheapest coins on Cryptsy is the best way how to earn big profits on next uptrend. I already own 80-100 different coins. If cryptsy bancrupt, than it doesn't matter if you own ZET or shit coin, it will drop value heavily. Since Cryptsy does not delist coins, you can earn much more on cheapest coins. Investing $100/ per coin into 50 cheapest coins is much better for big gains than investing them into expensive Cryptsy only coins.  For me, I divide Crypto in 4 categories. 1) BTC  2) LTC 3) PPC, NMC, NVC  4) Others traded on cryptsy.  I hold 1,2, and the cheapest of 4. There is no reason to buy coins with  big market cap traded only or mostly on Cryptsy. Such coins pump rarely, and if so, than the risk of dumping is pretty high. Cheapest coins don't lose value on dumps. And all of them have pretty similar risk of losing value by Cryptsy bankruptcy or hack.  In fact, if there will be hack, hacker will steal expensive coinsSmiley  

https://bitcointalksearch.org/user/socoban-199929

Quote
Name:   socoban
Posts:   316
Activity:   316
Position:   Sr. Member
Date Registered:   December 22, 2013, 04:47:20 PM
Last Active:   September 07, 2015, 02:04:27 PM

The amazing Seer, socoban, joined the scene when Cryptsy started getting very active, then left us just prior to the filing of Paul Vernon's divorce. In the interim he jacked off all over Lucky7Coin, then later all over his 80-100 alts, then prophesied about hackers, soon thereafter to never return to express his loses at Cryptsy.

Welcome to the Grand illusion
Come on in and see what's happening
Pay the price, get your tickets for the show
The stage is set, the band starts playing
Suddenly your heart is pounding
Wishing secretly you were a star.
hero member
Activity: 529
Merit: 505
I'm on drugs, what's your excuse?

Quite appropriate  Grin

http://www.payton-law.com/Attorneys/Patrick-J-Rengstl-3439003.shtml

Quote
Patrick J. Rengstl is senior counsel at Payton & Associates. He is a commercial litigator, a trial lawyer, and an appellate advocate. Patrick's practice includes commercial litigation, federal and state Court receiverships, insurance-related and foreclosure litigation, real estate litigation, and appellate advocacy. Patrick has extensive federal receivership experience in some of South Florida's most notorious alleged Ponzi scheme and investment-related fraud cases filed by the United States Securities and Exchange Commission ("SEC") and the Commodity Futures Trading Commission ("CFTC"). In addition, Patrick has extensive federal receivership experience in cases filed by the Federal Trade Commission ("FTC") involving alleged deceptive telemarketing schemes.

I wonder if he accepts Bitcoin as payment?

Jon   Huh
newbie
Activity: 56
Merit: 0
Just signed in to their support site again to see what's going on with my ticket about locking my account. The last time I checked it had been a week without any answer after I accused them of being dishonest and stealing my coins. Now it seems they've just closed the ticket without explanation with "Cryptsy is currently in maintenance while we make some back end changes." ...and so on, as an answer.
vip
Activity: 1428
Merit: 1145

Quite appropriate  Grin

http://www.payton-law.com/Attorneys/Patrick-J-Rengstl-3439003.shtml

Quote
Patrick J. Rengstl is senior counsel at Payton & Associates. He is a commercial litigator, a trial lawyer, and an appellate advocate. Patrick's practice includes commercial litigation, federal and state Court receiverships, insurance-related and foreclosure litigation, real estate litigation, and appellate advocacy. Patrick has extensive federal receivership experience in some of South Florida's most notorious alleged Ponzi scheme and investment-related fraud cases filed by the United States Securities and Exchange Commission ("SEC") and the Commodity Futures Trading Commission ("CFTC"). In addition, Patrick has extensive federal receivership experience in cases filed by the Federal Trade Commission ("FTC") involving alleged deceptive telemarketing schemes.

http://www.payton-law.com/Attorneys/Patrick-J-Rengstl-3439003.shtml

OMG. So this is how their server looks up inside?. No sandboxing and poor security. How did you get access to this?. Did you make it up?

If it's a fake it's a fairly good one. The dates add up etc. Still not sure what exactly is it supposed show. That they ran Lucky7 wallet as root?

...and who is netcyber.com?

http://web.archive.org/web/20150627072822/http://www.netcyber.com/

Quote
Copyright © All Rights Reserved 1998-2012 Netcyber Network Corp. 100 N Biscayne BLVD # 805, Miami, FL 33132

Did you glean that as one of the IP addresses?

Here's a post of mine referring that that address: https://bitcointalksearch.org/topic/m.13063336
vip
Activity: 1428
Merit: 1145

Quite appropriate  Grin

http://www.payton-law.com/Attorneys/Patrick-J-Rengstl-3439003.shtml

Quote
Patrick J. Rengstl is senior counsel at Payton & Associates. He is a commercial litigator, a trial lawyer, and an appellate advocate. Patrick's practice includes commercial litigation, federal and state Court receiverships, insurance-related and foreclosure litigation, real estate litigation, and appellate advocacy. Patrick has extensive federal receivership experience in some of South Florida's most notorious alleged Ponzi scheme and investment-related fraud cases filed by the United States Securities and Exchange Commission ("SEC") and the Commodity Futures Trading Commission ("CFTC"). In addition, Patrick has extensive federal receivership experience in cases filed by the Federal Trade Commission ("FTC") involving alleged deceptive telemarketing schemes.

http://www.payton-law.com/Attorneys/Patrick-J-Rengstl-3439003.shtml

Quote
2 S. Biscayne Blvd., Suite 1600  Miami, FL 33131

Contact Contact (305) 372-3500

http://trades.alkeneenterprises.com/

Quote
Alkene Enterprises
2 S. Biscayne Blvd, Suite 3760, Miami
FL, 33131

P: (305) 503 5706
E: [email protected]

Alkene Trades makes it easy to trade in bitcoins quickly and safely. Our helpful and friendly staff will answer any questions you might have and guide you through the process.
vip
Activity: 1428
Merit: 1145
cryptsy holding all the casinocoins is going to be a huge blow for the community when 1 CSC = 1 usd. They have the potential to mess it all up. either way they are going to be rich out of it. Just by keeping our coins.



Let me get this straight. I checked casinocoin today, and it's worth like .022 cents with a volume of $340. USD.

HTF is it going to $1.00 USD?

I want some of the shit you're smoking.

You can't handle the shit we're smokin'! If Cryptsy wouldn't have stolen all them CasinoCoins, the volume would be U$420 today.
legendary
Activity: 3654
Merit: 8909
https://bpip.org

Quite appropriate  Grin

http://www.payton-law.com/Attorneys/Patrick-J-Rengstl-3439003.shtml

Quote
Patrick J. Rengstl is senior counsel at Payton & Associates. He is a commercial litigator, a trial lawyer, and an appellate advocate. Patrick's practice includes commercial litigation, federal and state Court receiverships, insurance-related and foreclosure litigation, real estate litigation, and appellate advocacy. Patrick has extensive federal receivership experience in some of South Florida's most notorious alleged Ponzi scheme and investment-related fraud cases filed by the United States Securities and Exchange Commission ("SEC") and the Commodity Futures Trading Commission ("CFTC"). In addition, Patrick has extensive federal receivership experience in cases filed by the Federal Trade Commission ("FTC") involving alleged deceptive telemarketing schemes.
sr. member
Activity: 319
Merit: 251
cryptsy holding all the casinocoins is going to be a huge blow for the community when 1 CSC = 1 usd. They have the potential to mess it all up. either way they are going to be rich out of it. Just by keeping our coins.



Let me get this straight. I checked casinocoin today, and it's worth like .022 cents with a volume of $340. USD.

HTF is it going to $1.00 USD?

I want some of the shit you're smoking.
legendary
Activity: 987
Merit: 1003
cryptsy holding all the casinocoins is going to be a huge blow for the community when 1 CSC = 1 usd. They have the potential to mess it all up. either way they are going to be rich out of it. Just by keeping our coins.

Rolling Lucky7 OUT at the Craptsy Tables! The Farmer made his fortune in the Field! Bet the Farm play the Field! Shooter rolls a 9 and the house keeps the coin...
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*


Nah. That's the problem with this whole mess. Someone has to step up and make the call. Otherwise, this will drag on for years and nobody will get anything. So, I put a lot of thought into this and I feel that the best course of action for the injured parties of Cryptsy is to agree to absorb the loss for the stolen coins and the deposits, if he gives the casinocoins back. At least this way, we get the casinocoins back, there is no need for bankruptcy proceedings, and cryptsy can get back up and running with the coins they have on deposit currently (other than casinocoin because those will be distributed back to their owners). Maybe in time, cryptsy can start paying people back with it's future revenue.

I don't see a need to take a vote or anything. This plan will work. Paul, what do you think?




sounds like you gambled your "casinocoins" away ... looks like cryptsy was one big casino after all.  Shocked
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