CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 259.

Hippie Tech

legendary

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Merit: 1001

All cryptos are FIAT digital currency. Do not use.

Quote from: GoldSeal on January 27, 2016, 12:12:02 AM

Quote from: Gleb Gamow on January 26, 2016, 08:12:37 PM

Quote from: GoldSeal on January 26, 2016, 01:20:16 AM

Quote from: Melech on January 25, 2016, 11:29:06 PM

Quote from: GoldSeal on January 25, 2016, 11:11:24 PM

Quote from: frank2 on January 25, 2016, 10:23:39 PM

today most official news channel of all supported indirectly Cryptsy

confirmed existence of ''The world's 600 virtual currencies''

because if we would not support Cryptsy - this info could be soon outdated as number of virtual currencies might fall below 200 or below 100

REUTERS

http://www.reuters.com/article/us-eu-bitcoin-regulations-idUSKCN0V32A3

There are too many trash currencies out there. I've heard counts as high as 2000. Hopefully, this cryptsy dive will take out a few hundred that should die.

There might be 10 worth investing into... most of those 2000 are just scamcoins that were dumped and abandoned by the "dev", ages ago

Personally, I'm sick of the overly general or non-global coins. I think the best coins are the ones that have an actual purpose other than "to just buy stuff".

I concur. Using coins to "just buy stuff" is sooooooo overrated. Coins NEED a purpose:

This is one of this big problems I see with Bitcoin even. Adoption is always an uphill battle. Bitcoin is like a shovel looking for a hole to dig. The only thing that keeps bitcoin on top is that it was first, it has organized development, and all other coins are denominated in bitcoin.

Realistically I think the market has to contract to about 50 coins or less. There are just too many now. The only way we get there is if the majority of shitcoins are not listed on most exchanges.

With luck, this cryptsy debacle knocks out a couple hundred shitcoins that deserve to die. Cryptsy has like 266 currencies listed under the BTC list. It's just sheer horror.

Deja vu, anyone ?

"Century of Enslavement: The History of The Federal Reserve"
https://www.corbettreport.com/federalreserve/

The paperfiat noobs were crying, for Big Bro to intervene/ save them, then, just as the cryptofiat noobs are crying now.

DrxGxr

full member

Activity: 128

Merit: 100

Quote from: Melech on January 27, 2016, 12:37:29 AM

Quote from: DrxGxr on January 27, 2016, 12:23:03 AM

How did craptsy generate the fake coins that were being trade. same said missing funds could also be transferred between users. who set up this hoax. who had knowledge of it? We already know horus did know. why didnt the funds vanish from user accounts for anyone to notice? Craptsy were is the real info and not the story? How did you make the virtual currency that people carried on trading/holding in their account and when did you decide to do such a thing instead of owning up to the theft? how did you withholding this fact help or is any advantage the customers who's funds you are claiming got stolen? NOBODY i repeat NOBODY is having any second guesses about who the thief is. its simple its the guy claiming the money was stolen a year and a half ago. but he didnt tell anyone because he wanted to help get the money back. what a crack head.

An exchange is just a ledger in a database, they can create fake coins all they want (until someone tries to withdraw)...

ProTip: Don't trust exchanges

you are right. too many scavengers opportunist and ex failures in crypto trying to play business man with setting up fake exchanges with intentions to eventually run away with peoples money . Horus were are those corporate guys you keep talking about that make all the decisions? all your words are lies i put forward that you were never a real exchange in the first place but simply a criminal set up from the start and you only stayed open longer just to steal more money. proof this wrong if you can i dare you.

Melech

sr. member

Activity: 406

Merit: 250

Quote from: DrxGxr on January 27, 2016, 12:23:03 AM

How did craptsy generate the fake coins that were being trade. same said missing funds could also be transferred between users. who set up this hoax. who had knowledge of it? We already know horus did know. why didnt the funds vanish from user accounts for anyone to notice? Craptsy were is the real info and not the story? How did you make the virtual currency that people carried on trading/holding in their account and when did you decide to do such a thing instead of owning up to the theft? how did you withholding this fact help or is any advantage the customers who's funds you are claiming got stolen? NOBODY i repeat NOBODY is having any second guesses about who the thief is. its simple its the guy claiming the money was stolen a year and a half ago. but he didnt tell anyone because he wanted to help get the money back. what a crack head.

An exchange is just a ledger in a database, they can create fake coins all they want (until someone tries to withdraw)...

ProTip: Don't trust exchanges

DrxGxr

full member

Activity: 128

Merit: 100

How did craptsy generate the fake coins that were being trade. same said missing funds could also be transferred between users. who set up this hoax. who had knowledge of it? We already know horus did know. why didnt the funds vanish from user accounts for anyone to notice? Craptsy were is the real info and not the story? How did you make the virtual currency that people carried on trading/holding in their account and when did you decide to do such a thing instead of owning up to the theft? how did you withholding this fact help or is any advantage the customers who's funds you are claiming got stolen? NOBODY i repeat NOBODY is having any second guesses about who the thief is. its simple its the guy claiming the money was stolen a year and a half ago. but he didnt tell anyone because he wanted to help get the money back. what a crack head.

GoldSeal

legendary

Activity: 1862

Merit: 1002

Quote from: Gleb Gamow on January 26, 2016, 08:12:37 PM

Quote from: GoldSeal on January 26, 2016, 01:20:16 AM

Quote from: Melech on January 25, 2016, 11:29:06 PM

Quote from: GoldSeal on January 25, 2016, 11:11:24 PM

Quote from: frank2 on January 25, 2016, 10:23:39 PM

today most official news channel of all supported indirectly Cryptsy

confirmed existence of ''The world's 600 virtual currencies''

because if we would not support Cryptsy - this info could be soon outdated as number of virtual currencies might fall below 200 or below 100

REUTERS

http://www.reuters.com/article/us-eu-bitcoin-regulations-idUSKCN0V32A3

There are too many trash currencies out there. I've heard counts as high as 2000. Hopefully, this cryptsy dive will take out a few hundred that should die.

There might be 10 worth investing into... most of those 2000 are just scamcoins that were dumped and abandoned by the "dev", ages ago

Personally, I'm sick of the overly general or non-global coins. I think the best coins are the ones that have an actual purpose other than "to just buy stuff".

I concur. Using coins to "just buy stuff" is sooooooo overrated. Coins NEED a purpose:

This is one of this big problems I see with Bitcoin even. Adoption is always an uphill battle. Bitcoin is like a shovel looking for a hole to dig. The only thing that keeps bitcoin on top is that it was first, it has organized development, and all other coins are denominated in bitcoin.

Realistically I think the market has to contract to about 50 coins or less. There are just too many now. The only way we get there is if the majority of shitcoins are not listed on most exchanges.

With luck, this cryptsy debacle knocks out a couple hundred shitcoins that deserve to die. Cryptsy has like 266 currencies listed under the BTC list. It's just sheer horror.

GoldSeal

legendary

Activity: 1862

Merit: 1002

Quote from: ?? on ??

Who is the initiator behind Silver Law group law suit against Cryptsy?

How many people have signed the lawsuit till date?

If it was Cryptsy behind this law suit (inside job), then people get scammed again

Any individual law suit?

Thank you!

It was initiated by a guy who recently deposited 84 million doge I believe.

https://news.bitcoin.com/class-action-lawsuit-officially-launched-cryptsy/

Quote

There is now a class action lawsuit against Cryptsy from someone who had deposited 84,000,000 Doge and tried to withdraw the cryptocurrency from the exchange. The plaintiff Jinyao Liu is suing Cryptsy and the pseudonymous Big Vern for over $5 million USD. The suit against the exchange is represented by Jinyao Liu and others suffering from the same hardship. They all cannot withdraw from Cryptsy, and the filings represent the interests and costs of many people throughout various states.

GoldSeal

legendary

Activity: 1862

Merit: 1002

Quote from: iCEBREAKER on January 26, 2016, 11:15:42 PM

Quote from: ?? on ??

Who is the initiator behind Silver Law group law suit against Cryptsy?

How many people have signed the lawsuit till date?

If it was Cryptsy behind this law suit (inside job), then people get scammed again

Any individual law suit?

Thank you!

Silver Law group has no incentive to act, now that they know all the money is either long gone, or about to be long gone in a divorce.

The class action will be just another creditor in the cryptsy bankruptcy.

Honestly, if Paul wants to climb out of this mess, he should open and exchange in China, then use all the deposits to pay the old cryptsy depositors. Then he can at least get his fractional banking scheme going again and buy some time.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: ?? on ??

Who is the initiator behind Silver Law group law suit against Cryptsy?

How many people have signed the lawsuit till date?

If it was Cryptsy behind this law suit (inside job), then people get scammed again

Any individual law suit?

Thank you!

Silver Law group has no incentive to act, now that they know all the money is either long gone, or about to be long gone in a divorce.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: broken_pixel on January 26, 2016, 02:19:06 PM

I just logged into Cryptsy & low n behold I have five mining share payouts, lol! Mining shares have not payed out in months & now I get five. Vern you are such a caring guy, thanks man. Hope you rot in a Chinese prison while getting ass raped by glass bottles with broken tops.

With a cork to give Paul Vernon hope, akin to the flagpole at the end of the green according to Robin Williams.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: GoldSeal on January 26, 2016, 01:20:16 AM

Quote from: Melech on January 25, 2016, 11:29:06 PM

Quote from: GoldSeal on January 25, 2016, 11:11:24 PM

Quote from: frank2 on January 25, 2016, 10:23:39 PM

today most official news channel of all supported indirectly Cryptsy

confirmed existence of ''The world's 600 virtual currencies''

because if we would not support Cryptsy - this info could be soon outdated as number of virtual currencies might fall below 200 or below 100

REUTERS

http://www.reuters.com/article/us-eu-bitcoin-regulations-idUSKCN0V32A3

There are too many trash currencies out there. I've heard counts as high as 2000. Hopefully, this cryptsy dive will take out a few hundred that should die.

There might be 10 worth investing into... most of those 2000 are just scamcoins that were dumped and abandoned by the "dev", ages ago

Personally, I'm sick of the overly general or non-global coins. I think the best coins are the ones that have an actual purpose other than "to just buy stuff".

I concur. Using coins to "just buy stuff" is sooooooo overrated. Coins NEED a purpose:

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: GoldSeal on January 26, 2016, 01:29:48 AM

Is it true that Paul is trying to get a chinese passport now?

considering he's been there several times... Probably not.

unent

sr. member

Activity: 326

Merit: 250

Quote from: STT on January 26, 2016, 07:00:01 PM

Quote from: Suh on January 26, 2016, 01:56:51 PM

Has anyone actually been able to withdraw funds from Cryptsy for one of the wallets that has been "re-opened" for withdrawals?

I withdrew blackcoin I had traded. I wish I put all the btc into that had I known but I only left bit. Hours before the blog post and the cancelling of orders I got my small dogecoin balance sent out as they did clear out some coins till then. I do think they should press ahead with some compromised solution and put people out of their misery with whatever losses have occured. Like one person said above alot just kept random coins here for convenience so at least let them continue to swap even if the main problem of the missing btc is still a loss for many

There are coins there that don't have anyone mining them anymore. It was impossible to withdraw them before the hack. What will they do about coins like that? If they let people trade them again there wouldn't be any buyers because it's impossible to withdraw them unless a miner starts mining them again.

STT

legendary

Activity: 4102

Merit: 1454

Quote from: Suh on January 26, 2016, 01:56:51 PM

Has anyone actually been able to withdraw funds from Cryptsy for one of the wallets that has been "re-opened" for withdrawals?

I withdrew blackcoin I had traded. I wish I put all the btc into that had I known but I only left bit. Hours before the blog post and the cancelling of orders I got my small dogecoin balance sent out as they did clear out some coins till then. I do think they should press ahead with some compromised solution and put people out of their misery with whatever losses have occured. Like one person said above alot just kept random coins here for convenience so at least let them continue to swap even if the main problem of the missing btc is still a loss for many

ThePhwner

hero member

Activity: 616

Merit: 500

something something Bitcoin

Quote from: Suh on January 26, 2016, 01:56:51 PM

Has anyone actually been able to withdraw funds from Cryptsy for one of the wallets that has been "re-opened" for withdrawals?

I got about 10 ETH out of there.

frank2

newbie

Activity: 16

Merit: 0

guys BV now pumping altcoins

as everybody predicted

with help of new chinese friends

BV put his 9 billion DOGE into a pool, his new chinese friends added more billions

maybe BV bought his new residence by giving some free lessons how to pump and dump

after few lessons, all Chinese coins : VPN YBC and so on went crazy

BTW how much Ether BV has ? do not remember from this thread ?

with whom he has teamed to pump Ether ?

is Ether ownership predominantly in China?

LeChatNoir

hero member

Activity: 699

Merit: 501

Coinpanion.io - Copy Successful Crypto Traders

Altcoin market rebounds after Craptsy went bankrupt, poor Vern Grin

broken_pixel

hero member

Activity: 770

Merit: 500

I just logged into Cryptsy & low n behold I have five mining share payouts, lol! Mining shares have not payed out in months & now I get five. Vern you are such a caring guy, thanks man. Hope you rot in a Chinese prison while getting ass raped by glass bottles with broken tops.

CartmanSPC

legendary

Activity: 1270

Merit: 1000

Quote from: Suh on January 26, 2016, 01:56:51 PM

Has anyone actually been able to withdraw funds from Cryptsy for one of the wallets that has been "re-opened" for withdrawals?

Yes, I was able to WD craftcoin.

Suh

full member

Activity: 146

Merit: 100

Has anyone actually been able to withdraw funds from Cryptsy for one of the wallets that has been "re-opened" for withdrawals?

Melech

sr. member

Activity: 406

Merit: 250

Quote from: shigoga on January 26, 2016, 08:08:34 AM

Quote from: Lutzow on January 26, 2016, 07:35:17 AM

Quote from: shigoga on January 26, 2016, 07:19:24 AM

Quote from: Adibandi on January 26, 2016, 06:36:04 AM

Will cryptsy allow dogecoin withdraw ?

i wish man, still have a fair amount there, but who fucking knows, nothing was said about dogecoin getting "stolen" so theres really no reason not to open up the wallets, but i wouldn't get my hopes up if i were you..

What they're opening are wallets of coins that are hardly being traded if there are traders at all. It's only a sugarcoating to make them look like they're trying to steer the boat in the right direction but it seems there's nothing for us to be hopeful for.

yeah i noticed when i logged on only to find i'm able to withdraw totally dead coins that absolutely no one is trading, i dont even have anywhere to withdraw them to, only still had them in the first place because i forgot they existed..

meanwhile my doge & btc are probably gone forever..

They are gone... 9,727,840,349 DOGE was "stolen" from Craptsy on the day of the "event" (Vern has not confirmed this on his blog)
https://bitinfocharts.com/dogecoin/address/DN27P1saQQ1fYesKP1LHT5MdSXBpgqka85

Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 259. (Read 1006940 times)