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Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 309. (Read 1006940 times)

legendary
Activity: 2020
Merit: 1041
BigVern really needs to go to jail for this shit.
Selling off coins that were not stolen is a Huge NONO.
If they had came clean when they figured out what happend maybe no jail but Selling off coins like Dash and Eth that don't belong to you is Criminal behavior.
At least 1 year jail time per million usd missing imo preferably more.
Don't let this scammer escape the country please.
vip
Activity: 1428
Merit: 1145
Can anybody confirm their Cryptsy BTC balance? I cannot at this present time, gives me a zero balance. :/

Hello?

Wake up buddy - it's gone.  Over.  Goodbye.



http://blog.cryptsy.com/

They have updated it, read!

"It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble.   The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began."

You guys called it!  It was all COINFIRE's fault!  /s



Big Vern fires back !

 Cheesy

http://blog.cryptsy.com/post/137323646202/announcement#notes




"Carmilla, get your own damn pole! This one's reserved for Festivus."
vip
Activity: 1428
Merit: 1145
Anyone else regarding this as a great time to buy, ratjer than a killer crash? Butcoin always bounces back Wink

Way to go, dude, pouring salt in the wounds of those who have their rent moneys tied up in Cryptsy wishing they had said funds so that they can take advantage of a bear market to augment their rent moneys to make rent moneys.  Huh
hero member
Activity: 550
Merit: 501
Can anybody confirm their Cryptsy BTC balance? I cannot at this present time, gives me a zero balance. :/

Hello?

Wake up buddy - it's gone.  Over.  Goodbye.



http://blog.cryptsy.com/

They have updated it, read!

"It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble.   The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began."

You guys called it!  It was all COINFIRE's fault!  /s

Ironically, that 2014 article didn't stop some dude from depositing over ten grand into Cryptsy last December, nor thousands of dudes and dudettes like him - Investards - in spite of the hundreds of warning signs saying STOP!
Maybe they were insiders of sorts. Intards ...
vip
Activity: 1428
Merit: 1145
Can anybody confirm their Cryptsy BTC balance? I cannot at this present time, gives me a zero balance. :/

Hello?

Wake up buddy - it's gone.  Over.  Goodbye.



http://blog.cryptsy.com/

They have updated it, read!

"It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble.   The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began."

You guys called it!  It was all COINFIRE's fault!  /s

Ironically, that 2014 article didn't stop some dude from depositing over ten grand into Cryptsy last December, nor thousands of dudes and dudettes like him - Investards - in spite of the hundreds of warning signs saying STOP!
sr. member
Activity: 309
Merit: 250
Ok, so tell me, why didn't anyone noticed earlier Cryptsy was running an infected wallet?

@Mullick committed on Apr 23, 2015

https://github.com/Mullick/lucky7coin/commit/799b0b6b65a8fdd827d0d1406868d34a045ea779

It means Mullick is now complicit in the entire thing. Not only was their an infected wallet they never disclosed this to their public for the clients wallets nor as something naughty being Fincen registered right?

I don't think Mullicks ignorance will hold up. The guy ran ages ago... I think he realised sooner than the rest and the fact that he didn't report it means he allowed it to continue as well.

But that wallet commit Mullick did at Apr 23 2015 was public, right? And in that time everybody knew L7C was running on Cryptsy. Why didn't that cause a shitstorm? The other strange thing is, when Cryptsy knew this coin was fraudulent, why the fuck didn't hey remove the coin from asap at that time?
vip
Activity: 1428
Merit: 1145
I hate to break the news THE RABBIT HOLE go s a lot further as I look at the blockchain!!  This will be the BIGGEST THEFT IN CRYPTO to go down in HISTORY!!!!! Cool

Hate to break it to you, but MtGox lost something like 850,000 BTC (worth $1000 each at the time)... GOXtsy is still much lower than MtGox

$850,000,000 vs $12,700,000

I don't think all the maths are in just yet...




All the maths is in because the figures are based on exchange rates on the days of the respective thefts. Bitcoin could go to ten grand a coin and the dollar amounts would remain the same.
legendary
Activity: 1596
Merit: 1021
Ok, so tell me, why didn't anyone noticed earlier Cryptsy was running an infected wallet?

@Mullick committed on Apr 23, 2015

https://github.com/Mullick/lucky7coin/commit/799b0b6b65a8fdd827d0d1406868d34a045ea779

It means Mullick is now complicit in the entire thing. Not only was their an infected wallet they never disclosed this to their public for the clients wallets nor as something naughty being Fincen registered right?

I don't think Mullicks ignorance will hold up. The guy ran ages ago... I think he realised sooner than the rest and the fact that he didn't report it means he allowed it to continue as well.
legendary
Activity: 1596
Merit: 1021
I really wish those people that video interviewed Vern at the time asked the direct question

Vern, does cryptsy have in combined cold wallets and hot wallets for ALL coins listed on cryptsy the same balance as per user holdings.

I.e does your wallet cold and hot have funds = to what is in customer balances and trades.

I love how vern thinks its appropriate to get the community to help him track our own coins down when in the past he couldn't be a community team player himself.

And that bounty.... does vern actually have it and want to put it in reliable escrow? Is that 1000btc just another chunk of customer funds?

Verns seen how this played out for karpeles. He's either going to mix the bitcoin while this news is out under the guise its the hacker moving it and then go rot in prison for a small time then come out and cash out or he's fled somewhere he can't be called back from and will get the funds then.

I don't think Verns as dumb as everyone thinks. He's planned it for a while and if his staff are to be believed he even locks them away from what they don't need to see. Cmon he was buddies with Garza over the emails what does that tell you?
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
Ok, so tell me, why didn't anyone noticed earlier Cryptsy was running an infected wallet?

@Mullick committed on Apr 23, 2015

https://github.com/Mullick/lucky7coin/commit/799b0b6b65a8fdd827d0d1406868d34a045ea779

On May 12, 2015, BitJohn tags him as the wallet manager. Shocked
https://bitcointalksearch.org/topic/m.13578049
legendary
Activity: 1270
Merit: 1000
Maybe it's crazy but this and other similar situations of coins being stolen demonstrates the benefit of having a way to reverse transactions.

Perhaps we should consider a mechanism to reverse a transaction through a vote or consensus. Haven't fully thought out how this could work but it is something to consider.

Something could be designed to allow miners to reverse a specific transaction (and all subequest tx's) through majority consensus in extreme situations such as this.

Mistakes and thefts happen. Fiat banks have the ability to correct mistakes and reverse transactions unless the funds are withdrawn for cash.

I dunno...just thinking out loud.


The only issue with reverse transactions, bitcoin would turn into a world like PayPal where people buy items, then immediately try and reverse a transaction.
This can be abused to hell.

This is completely contrary to the whole point of crypto.  Might as well also suggest a central authority to determine which transactions are legit and which ones need to be reversed.

Exactly charge back hell !
Are we having a game here of shouting bad ideas ?
Sorry if I missed any quotes.

Yes, but majority miner consensus is difficult to achieve...it would work using the same mechanism in place necessary for a fork of BTC itself and we can see how hard that has been with the recent BIP 101 failure. It would be useless on coins with little hashrate since it would be too easy to fork but those coins are worthless without a decent hashrate anyways.

...but this is conversion to be had in a different topic where cooler heads prevail. This proposed change (BIP) to do a consensus reversal may be exactly what's needed to improve acceptance and the security of BTC.   IMHO Tongue
sr. member
Activity: 309
Merit: 250
Ok, so tell me, why didn't anyone noticed earlier Cryptsy was running an infected wallet?

@Mullick committed on Apr 23, 2015

https://github.com/Mullick/lucky7coin/commit/799b0b6b65a8fdd827d0d1406868d34a045ea779
sr. member
Activity: 406
Merit: 250
"It wasn’t until an article from Coinfire came out that contained many false true accusations that things began to crumble.   The article basically caused a bank-run, and since we only had so much in reserves got hacked 19 months ago and lost our reserves for those currencies problems began."

Fixed your Vern quote
full member
Activity: 180
Merit: 100
Invest Today For What You Want For Tomorrow
I hate to break the news THE RABBIT HOLE go s a lot further as I look at the blockchain!!  This will be the BIGGEST THEFT IN CRYPTO to go down in HISTORY!!!!! Cool

Hate to break it to you, but MtGox lost something like 850,000 BTC (worth $1000 each at the time)... GOXtsy is still much lower than MtGox

$850,000,000 vs $12,700,000


Lets wait for the TOTAL ! Theirs a lot moreBTC addys to trace! Cool
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Can anybody confirm their Cryptsy BTC balance? I cannot at this present time, gives me a zero balance. :/

Hello?

Wake up buddy - it's gone.  Over.  Goodbye.



http://blog.cryptsy.com/

They have updated it, read!

"It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble.   The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began."

You guys called it!  It was all COINFIRE's fault!  /s



Big Vern fires back !

 Cheesy
vip
Activity: 1428
Merit: 1145
So my concern like others now are the coins that "weren't" stolen. Every other coin other than btc and ltc on there right? Or were the other alts sold into btc and ltc and then stolen? There must be a clear report of what is left. Can we get some sort of list up to show remaining balances left with proof they are still holding? If not cryptsy should provide one. These must be returned as if they go missing I will go mental! Even though we were trading last night. Did those btc really exist or was it just numbers on a screen. Doesn't help that cryptsy has gone offline now either lol

Here is a list of what I know/believe to be stolen from Craptsy: (have not seen info on other altcoins)


Nice one Melech. Now how do we go about checking the other wallet amounts?

It all happened within a few hours, July 29, 2014 around 13:00-17:00 UTC... feel free to check altcoin blockchains for large tx during that 4-hour window...

From my calculations, the 'inside job' started ~9 hours earlier: https://bitcointalk.org/index.php?topic=1173703.msg13574270;topicseen#msg13574270
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
Anyone else regarding this as a great time to buy, ratjer than a killer crash? Butcoin always bounces back Wink
hero member
Activity: 550
Merit: 501
I hate to break the news THE RABBIT HOLE go s a lot further as I look at the blockchain!!  This will be the BIGGEST THEFT IN CRYPTO to go down in HISTORY!!!!! Cool

Hate to break it to you, but MtGox lost something like 850,000 BTC (worth $1000 each at the time)... GOXtsy is still much lower than MtGox

$850,000,000 vs $12,700,000

I don't think all the maths are in just yet...




Yeah but to be fair the comments from that banskter sellout Mike Hearn need to be on there too.  And all the various times and places where his comments were reposted or reported in the news.  I am inclined to believe the drop has a lot more to do with that than it does crypt-sty.

The whole thing is fucked up.. But I'm a buyer of BTC after they beat it up enough. The prime-time media has not kicked in yet. Still long on crypto! just wanna see vern's ass in prison..  
....PRICELESS


legendary
Activity: 2324
Merit: 1130
Can anybody confirm their Cryptsy BTC balance? I cannot at this present time, gives me a zero balance. :/

Hello?

Wake up buddy - it's gone.  Over.  Goodbye.



http://blog.cryptsy.com/

They have updated it, read!

"It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble.   The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began."

You guys called it!  It was all COINFIRE's fault!  /s
legendary
Activity: 1726
Merit: 1018
I hate to break the news THE RABBIT HOLE go s a lot further as I look at the blockchain!!  This will be the BIGGEST THEFT IN CRYPTO to go down in HISTORY!!!!! Cool

Hate to break it to you, but MtGox lost something like 850,000 BTC (worth $1000 each at the time)... GOXtsy is still much lower than MtGox

$850,000,000 vs $12,700,000

I don't think all the maths are in just yet...




Yeah but to be fair the comments from that banskter sellout Mike Hearn need to be on there too.  And all the various times and places where his comments were reposted or reported in the news.  I am inclined to believe the drop has a lot more to do with that than it does crypt-sty.
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