Author

Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 274. (Read 1006940 times)

legendary
Activity: 3654
Merit: 8909
https://bpip.org
You mean like every other bank and lawyer has done?  This is the same wording used by just about every bank and credit card company.

Hyperbole much?

Let me google that for ya
sr. member
Activity: 406
Merit: 250
Guess we just have a nation of plagiarist lawyers.

1) Don't reinvent the wheel
2) If it ain't broke, don't fix it
3) They likely all generated their ToS using the same software/website
hero member
Activity: 658
Merit: 500
https://www.cryptsy.ca/pages/terms

Quote
26. Overdrafts; Set-off

Cryptsy may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient available funds in User's Account(s) to complete the transaction. In the event any actions by User result in an overdraft in any of User's Accounts, including but not limited to User's failure to maintain sufficient balances in any of User's Accounts, User shall be responsible for repaying the overdraft immediately, without notice or demand. Cryptsy has the right, in addition to all other rights and remedies available to it, to set off the unpaid balance of any amount owed it in connection with the Services against any debt owing to User by Cryptsy, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Cryptsy, whether collected or in the process of collection, or in any other Account maintained by User at, or evidenced by any certificate of deposit issued by, Cryptsy. If any of User's Accounts become overdrawn, underfunded or for any reason contain a negative balance, then Cryptsy shall have the right of set-off against all of User's Accounts and other property or deposit Accounts maintained at Cryptsy, and Cryptsy shall have the right to enforce its interests in collateral held by it to secure debts of User to Cryptsy arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

https://www.radiusbank.com/policies/business-online-agreement

Quote
12. Overdrafts; Set-off. Bank may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient available funds in Customer's Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's Accounts, including but not limited to Customer's failure to maintain sufficient balances in any of Customer's Accounts, Customer shall be responsible for repaying the overdraft immediately and without notice or demand. Bank has the right, in addition to all other rights and remedies available to it, to set-off the unpaid balance of any amount owed it in connection with the Services against any debt owing to Customer by Bank, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at or evidenced by any certificate of deposit issued by Bank. If any of Customer's Accounts become overdrawn, under-funded or for any reason contain a negative balance, then Bank shall have the right of set-off against all of Customer's Accounts and other property or deposit Accounts maintained at Bank, and Bank shall have the right to enforce its interests in collateral held by it to secure debts of Customer to Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

INAL, but I don't believe a lawyer would've resorted to copy & paste for the penning of Cryptsy's ToS page.

You mean like every other bank and lawyer has done?  This is the same wording used by just about every bank and credit card company.

Quote
12.
Overdrafts; Set-off. Bank may, but shall not be
obligated to, complete any transaction in connection with
providing the Services if there are insufficient available
funds in Customer’s Account(s) to complete the
transaction. In the event any actions by Customer result in
an overdraft in any of Customer’s Accounts, including but
not limited to Customer’s failure to maintain sufficient
balances in any of Customer’s Accounts, Customer shall be
responsible for repaying the overdraft immediately, without
notice or demand. Bank has the right, in addition to all
other rights and remedies available to it, to set off the
unpaid balance of any amount owed it in connection with
the Services against any debt owing to Customer by Bank,
including, without limitation, any obligation under a
repurchase agreement or any funds held at any time by
Bank, whether collected or in the process of collection, or
in any other Account maintained by Customer at, or
evidenced by any certificate of deposit issued by, Bank. If
any of Customer’s Accounts become overdrawn, under-
funded or for any reason contain a negative balance, then
Bank shall have the right of set-off against all of
Customer’s Accounts and other property or deposit
Accounts maintained at Bank, and Bank shall have the right
to enforce its interests in collateral held by it to secure
debts of Customer to Bank arising from notes or other
indebtedness now or hereafter owing or existing under this
Agreement, whether or not matured or liquidated.

http://www.stlucie.k12.fl.us/district/agenda-minutes//January%2024,%202012%20Regular%20Workshop%20on%20Tuesday,%20January%2024,%202012/ACE87EF0-723F-471A-8213-F63D13EE747B.pdf

Guess we just have a nation of plagiarist lawyers.
vip
Activity: 1428
Merit: 1145
https://www.cryptsy.ca/pages/terms

Quote
26. Overdrafts; Set-off

Cryptsy may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient available funds in User's Account(s) to complete the transaction. In the event any actions by User result in an overdraft in any of User's Accounts, including but not limited to User's failure to maintain sufficient balances in any of User's Accounts, User shall be responsible for repaying the overdraft immediately, without notice or demand. Cryptsy has the right, in addition to all other rights and remedies available to it, to set off the unpaid balance of any amount owed it in connection with the Services against any debt owing to User by Cryptsy, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Cryptsy, whether collected or in the process of collection, or in any other Account maintained by User at, or evidenced by any certificate of deposit issued by, Cryptsy. If any of User's Accounts become overdrawn, underfunded or for any reason contain a negative balance, then Cryptsy shall have the right of set-off against all of User's Accounts and other property or deposit Accounts maintained at Cryptsy, and Cryptsy shall have the right to enforce its interests in collateral held by it to secure debts of User to Cryptsy arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

https://www.radiusbank.com/policies/business-online-agreement

Quote
12. Overdrafts; Set-off. Bank may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient available funds in Customer's Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's Accounts, including but not limited to Customer's failure to maintain sufficient balances in any of Customer's Accounts, Customer shall be responsible for repaying the overdraft immediately and without notice or demand. Bank has the right, in addition to all other rights and remedies available to it, to set-off the unpaid balance of any amount owed it in connection with the Services against any debt owing to Customer by Bank, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at or evidenced by any certificate of deposit issued by Bank. If any of Customer's Accounts become overdrawn, under-funded or for any reason contain a negative balance, then Bank shall have the right of set-off against all of Customer's Accounts and other property or deposit Accounts maintained at Bank, and Bank shall have the right to enforce its interests in collateral held by it to secure debts of Customer to Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

INAL, but I don't believe a lawyer would've resorted to copy & paste for the penning of Cryptsy's ToS page.
sr. member
Activity: 916
Merit: 312
Does anybody has some informations about connections(direct or indirect) between Cryptsy and Scryptsy - Bitcoin Cloud mining operator?
vip
Activity: 1428
Merit: 1145
Racine Raiders football field is named Hammes Field, Hammes being a venerable name in the Racine, WS, community. If BitJohn is John Hammes, he probably realized from the get-go that any nefarious activity he embarked upon best not be directly connected to the Hammes Family [name].
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Nicholas Peter Mullesch aka Mullick, son of Peter ["The Beard"] Mullesch found on Facebook:

https://www.linkedin.com/in/nicholas-mullesch-46b5a784

Quote
These applications were storing millions of dollars worth of customers funds

If you want confirmation of Mullick's skill sets, simply ask Troy the Cook at some pub down in Australia.

Mullich maintained the hot wallets while Horus secured them, yet Poof! the coins exited Cryptsy during an event.

Confirmed then. There was no cold wallet and Mullick seems to be proud of that.
vip
Activity: 1428
Merit: 1145
Nicholas Peter Mullesch aka Mullick, son of Peter ["The Beard"] Mullesch found on Facebook:

https://www.linkedin.com/in/nicholas-mullesch-46b5a784

Quote
Head of IT and Crypto Currency Manager
Project Investors Inc
January 2014 – January 2016 (2 years 1 month)Delray Beach, Florida
Cryptsy.com is an Internet startup operated by Project Investors, Inc. focusing on the exchange of Crypto-Currency commonly known as “BitCoin” and it's derivatives. Cryptsy currently services more than 300 different types of crypto-currency.

The Cryptsy.com exchange opened on May 20th, 2013 and since then has seen rapid growth in both customer base and trade volume. Cryptsy currently has over 300k registered users with a volume of over 150k trades per day.

My responsibilities at cryptsy grew from a summer internship to Head of IT over 2 years while the company grew. I maintained the network, infrastructure and operating systems for the entire production network which was up to 50 physical machines and even more virtual machines. I coordinated and implemented a point of presence in Boston, Ma as well as implemented new security standards across our entire infrastructure.

I was also responsible for maintaining the "Hot" wallets for the company. Three hundred resource intensive applications requiring maximum up time and security. These applications were storing millions of dollars worth of customers funds and needed to process up to 1.5 million requests per day from the frontend servers. This required me to design a completely new infrastructure. Starting at hardware selection, all the way to installation, configuration and deployment. The infrastructure included 12 physical machines and 300 virtual machines. In the year since it was implemented in January 2015 it has seen 100 Terabytes of external network traffic, 75 Petabytes of disk writes and has processed over 650,000 customer withdrawals of crypto currencies.



If you want confirmation of Mullick's skill sets, simply ask Troy the Cook at some pub down in Australia.

Mullich maintained the hot wallets while Horus secured them, yet Poof! the coins exited Cryptsy during an event.
vip
Activity: 1428
Merit: 1145
Quote
27. Dormant Accounts

A Dormant Account is defined as a user account with no login or other activity for more than 180 days. Cryptsy may, but shall not be obligated to, move funds out of the account and into a secure Cold Storage account for safe keeping. When a user resumes activity on a dormant account, the Cold Storage funds can be retrieved by contacting support for a security review and reinstatement.
full member
Activity: 128
Merit: 100


Among many? If you want to speak in terms of facts, I have only ever made 3 coins.Thats if you count shitcoin which was a joke, paid for by Vlad2Vlad as a mockery of "the scene".Thats also if you count Nanotokens, which was made by muddafudda, as has already been discussed on this forum years ago. If you're gonna talk shit atleast state the facts. NAN and OSC were my coins. There are a ton of shitcloners with a ton of coins under their belt, but i'm not one of em.

Why am i posting in this thread? Why don't you take a wild fucking guess. Cryptsy crashed, my coins all became worthless i panicked and tried to sale and couldn't get anything out. now i have vested interest in finding out what happens, and this thread is the prime source of that info for now.

At least you are involved in much more coins than 3, but whatever and who cares.
Because you have worked with muddafudda, can't you provide more valuable information about him? From this thread I understand he was the developer of LK7 coin. He has something to explain!

And for the people who don't know how cryptsy worked together with copy coin cloners and scammers the following post is a must read:

https://bitcointalksearch.org/topic/m.6592556
look at that there . you can get garanteed craptsy listing for craptsy coins and expect craptsy staff assisted pump and dumps on those coins has a bonus.
quote! form the other post.

1: Get muddafudda or Shakezulu or Hazard to clone you one, cost ranges from $100 to your soul. If you want guaranteed Cryptsy listing, get Mullick or defaced to make it.
vip
Activity: 1428
Merit: 1145

"We just got our coins off Cryptsy. Please don't ask us how."
hero member
Activity: 487
Merit: 500


Among many? If you want to speak in terms of facts, I have only ever made 3 coins.Thats if you count shitcoin which was a joke, paid for by Vlad2Vlad as a mockery of "the scene".Thats also if you count Nanotokens, which was made by muddafudda, as has already been discussed on this forum years ago. If you're gonna talk shit atleast state the facts. NAN and OSC were my coins. There are a ton of shitcloners with a ton of coins under their belt, but i'm not one of em.

Why am i posting in this thread? Why don't you take a wild fucking guess. Cryptsy crashed, my coins all became worthless i panicked and tried to sale and couldn't get anything out. now i have vested interest in finding out what happens, and this thread is the prime source of that info for now.

At least you are involved in much more coins than 3, but whatever and who cares.
Because you have worked with muddafudda, can't you provide more valuable information about him? From this thread I understand he was the developer of LK7 coin. He has something to explain!

And for the people who don't know how cryptsy worked together with copy coin cloners and scammers the following post is a must read:

https://bitcointalksearch.org/topic/m.6592556

and notice the role of "muddafudda", "r3wt", and "spoetnik" in this story....
sr. member
Activity: 473
Merit: 250
I'm sorry , I do not understand the question. As far as coins, Cryptsy opened some for withdrawal earlier today, and I believe more will open in next couple of days. As far as exact details, like which coins when,  I do not know, that is just what I heard. Thank you.

per blog.cryptsy.com

– Update 2016/01/19 10:08pm –
The following wallets have been opened for withdrawals:



~nh
none of this coins are in their top 10 volume coins apart from etherium which was sold to people at 100% plus mark up so fuck off with your shit coin list

Umm --- I have nothing to do with cryptsy, simply putting information out there.

From your response, my guess is you took a beating.

Sorry it happened
hero member
Activity: 798
Merit: 531
Crypto is King.
full member
Activity: 128
Merit: 100
Horus, just a question, your feeling, at wthat point and Cryptsy with our coins!

I'm sorry , I do not understand the question. As far as coins, Cryptsy opened some for withdrawal earlier today, and I believe more will open in next couple of days. As far as exact details, like which coins when,  I do not know, that is just what I heard. Thank you.

per blog.cryptsy.com

– Update 2016/01/19 10:08pm –
The following wallets have been opened for withdrawals:
007
42Coin
Acoin
Aegis
Aiden
AlienCoin
AlphaCoin
AmricanCoin
AppleBytes
Agentum
AsiaCoin
AsicCoin
Axron
BancorCoin
BatCoin
BattleCoin
BBQCoin
BetaCoin
BitBay
BitGem
Bitshares
Bitstake
BlackCoin
BoostCoin
BottleCaps
Bytecent
ByteCoin
CacheCoin
CAIx
CashCoin
CheckCoin
CinderCoin
CinniCoin
Clams
CoinMagi
ContinuumCoin
CosmoCoin
CounterParty
CrackCoin
CraftCoin
DamaCoin
DevCoin
Diamond
Doubloons
Ducknote
e-Gulden
ElephantCoin
Ether
Expanse
EZCoin
We will be opening more wallets over the next couple days.


~nh
none of this coins are in their top 10 volume coins apart from etherium which was sold to people at 100% plus mark up so fuck off with your shit coin list
sr. member
Activity: 473
Merit: 250
Horus, just a question, your feeling, at wthat point and Cryptsy with our coins!

I'm sorry , I do not understand the question. As far as coins, Cryptsy opened some for withdrawal earlier today, and I believe more will open in next couple of days. As far as exact details, like which coins when,  I do not know, that is just what I heard. Thank you.

per blog.cryptsy.com

– Update 2016/01/19 10:08pm –
The following wallets have been opened for withdrawals:
007
42Coin
Acoin
Aegis
Aiden
AlienCoin
AlphaCoin
AmricanCoin
AppleBytes
Agentum
AsiaCoin
AsicCoin
Axron
BancorCoin
BatCoin
BattleCoin
BBQCoin
BetaCoin
BitBay
BitGem
Bitshares
Bitstake
BlackCoin
BoostCoin
BottleCaps
Bytecent
ByteCoin
CacheCoin
CAIx
CashCoin
CheckCoin
CinderCoin
CinniCoin
Clams
CoinMagi
ContinuumCoin
CosmoCoin
CounterParty
CrackCoin
CraftCoin
DamaCoin
DevCoin
Diamond
Doubloons
Ducknote
e-Gulden
ElephantCoin
Ether
Expanse
EZCoin
We will be opening more wallets over the next couple days.


~nh
full member
Activity: 128
Merit: 100
He is basically customer service, they dont hand him the keys to the kingdom.   Your post makes zero difference, this news would have leaked out years ago if they let every member of staff know they were cruising on empty.
   Who had access to wallets, if it wasnt him then he likely didnt know and its likely they didnt tell anyone who didnt need to know because of the bank run scenario and because they hoped to burn off the lost coins hole by outgrowing the problem.  That was feasible, bitcoin does have immense growth but it didnt happen to go that way and the whole market dropped off in the same year they lost those coins
WHAT CUSTOMER SERVICE HAS HE PROVIDED OVER THE YEARS? HE MADE ME FILL IN MY DETAILS THEN DEPOSITE MORE MONEY IN IN NOVEMBER . WHY GO OUT OF HIS WAY TO CALL PEOPLE FUDERS / TROLLS IF HE WAS TRULY  INNOCENT? I NEED A ANSWER TO THIS AND WHO ARE TERRIK AND CO ARE THEY CRAPTSY STAFF ALTS? OR JUST FREINDS?
and he was manually helping some people get their withdrawals . on the radio show he claimed he was just pressing a button . what button were you pressing cunt ? enter? on/off switch ? what exactly were you pressing to kick withdrawals HuhHuhHuh?? Huh
full member
Activity: 128
Merit: 100
He is basically customer service, they dont hand him the keys to the kingdom.   Your post makes zero difference, this news would have leaked out years ago if they let every member of staff know they were cruising on empty.
   Who had access to wallets, if it wasnt him then he likely didnt know and its likely they didnt tell anyone who didnt need to know because of the bank run scenario and because they hoped to burn off the lost coins hole by outgrowing the problem.  That was feasible, bitcoin does have immense growth but it didnt happen to go that way and the whole market dropped off in the same year they lost those coins
WHAT CUSTOMER SERVICE HAS HE PROVIDED OVER THE YEARS? HE MADE ME FILL IN MY DETAILS THEN DEPOSITE MORE MONEY IN IN NOVEMBER . WHY GO OUT OF HIS WAY TO CALL PEOPLE FUDERS / TROLLS IF HE WAS TRULY  INNOCENT? I NEED A ANSWER TO THIS AND WHO ARE TERRIK AND CO ARE THEY CRAPTSY STAFF ALTS? OR JUST FREINDS?
STT
legendary
Activity: 4102
Merit: 1454
He is basically customer service, they dont hand him the keys to the kingdom.   Your post makes zero difference, this news would have leaked out years ago if they let every member of staff know they were cruising on empty.
   Who had access to wallets, if it wasnt him then he likely didnt know and its likely they didnt tell anyone who didnt need to know because of the bank run scenario and because they hoped to burn off the lost coins hole by outgrowing the problem.  That was feasible, bitcoin does have immense growth but it didnt happen to go that way and the whole market dropped off in the same year they lost those coins
legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
doot do dooooo i smell orange jumpsuits and 3 hots and a cot --- dont drop the soap-- too bad the us government stepped in and declared cryptos commodities ---  doot do dooo better start lifting weights  little geeks go for a premium in the joint .  you will bee traded son !
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