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Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 332. (Read 1006940 times)

legendary
Activity: 1722
Merit: 1000
When those 10 000 btc are spent, someone needs to get a quick drop and a sudden stop with a noose.
legendary
Activity: 1876
Merit: 1000
I lost 200k DGC only because they wouldn't let me back into my account...

You coin dev you ! hahahah

So what happened account inactivity ?

"Inactivity" AKA We lost everyone's money so we are appropriating your funds to try and survive.

surprised you didn't see this coming, doesn't a fisherman always spot another fisherman from afar  Shocked

(i'm guessin u don't believe big v's my wallet got hacked story, just on the quiet),
legendary
Activity: 1372
Merit: 1000
I lost 200k DGC only because they wouldn't let me back into my account...

You coin dev you ! hahahah

So what happened account inactivity ?

"Inactivity" AKA We lost everyone's money so we are appropriating your funds to try and survive.

YEAH! they gambled with what reserves we had and failed.... Now the people who know about this got quids in and we all got scammed like little fools. Thats why the bitcoin price is crashing and losing non affected members money also. The power of scammers
legendary
Activity: 966
Merit: 1052
I lost 200k DGC only because they wouldn't let me back into my account...

You coin dev you ! hahahah

So what happened account inactivity ?

"Inactivity" AKA We lost everyone's money so we are appropriating your funds to try and survive.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
@peoonminer do you have your old wallet stuff bookmarked ?

Does that old wallet with 6 million match the address info in Vern's Blog post ?
hero member
Activity: 616
Merit: 500
something something Bitcoin


No the coins have not moved (yet?). Once they do, i'm sure everyone will know very fast though. I'm also amazed beyond belief that they would just brush off a theft of over 5 million USD!!  Huh

No kidding... That's what left me utterly amazed and confused. And almost certain Big Vern and co. were up to some really shady shit between then and now.
legendary
Activity: 3570
Merit: 1959
Bitcoin tanking like a motherfucker guys !

https://bitcoinwisdom.com/markets/btce/btcusd

News related ?

Did the 10,000 start to sell off?

Ok so here is an Option that isn't listed. Cryptsy to be owned by all the account holders. They own it outright! How is a BankruPTSY going to solve even a fraction of the losses? Some servers and a Credenza sold off? Community takeover! Not sure if people would trust it again but this is better than Bankruptcy. Trading can go back to fees and all fees are split until each holder is paid off. If they already made back 3000 of the coins then time is the only factor.

Also when the Alts were traded for BTC all of these trades were technically on an internal ledger not associated with a BitCoin wallet. If there are no BitCoin to back any trades then this is the only possibility how trading kept going and the halting was on the withdrawing process when it converts to real BitCoin. So this is the real crime since other insiders could now take their Fake BTC and LTC sell them for other coins and get out leaving the buyers holding the fake BTC. Halting and investigation was the only legal option. Unless the investigation just lead them back to Cryptsy.

No the coins have not moved (yet?). Once they do, i'm sure everyone will know very fast though. I'm also amazed beyond belief that they would just brush off a theft of over 5 million USD!!  Huh
legendary
Activity: 987
Merit: 1003
Bitcoin tanking like a motherfucker guys !

https://bitcoinwisdom.com/markets/btce/btcusd

News related ?

Did the 10,000 start to sell off?

Ok so here is an Option that isn't listed. Cryptsy to be owned by all the account holders. They own it outright! How is a BankruPTSY going to solve even a fraction of the losses? Some servers and a Credenza sold off? Community takeover! Not sure if people would trust it again but this is better than Bankruptcy. Trading can go back to fees and all fees are split until each holder is paid off. If they already made back 3000 of the coins then time is the only factor.

Also when the Alts were traded for BTC all of these trades were technically on an internal ledger not associated with a BitCoin wallet. If there are no BitCoin to back any trades then this is the only possibility how trading kept going and the halting was on the withdrawing process when it converts to real BitCoin. So this is the real crime since other insiders could now take their Fake BTC and LTC sell them for other coins and get out leaving the buyers holding the fake BTC. Halting and investigation was the only legal option. Unless the investigation just lead them back to Cryptsy.
hero member
Activity: 616
Merit: 500
something something Bitcoin
I guess the potential upside to this is that with the Federal government's stance on Crypto scams, it won't be long before Big Vern is sitting somewhere taxpayer funded with Joshie and hopefully Marshall Long too. I'm out about 1 BTC so I can't complain that much; rule of thumb, exchanges are for exchanging not storing, but still, how outright fucking seedy to have known this was going on for well over a year and continuing to let people trade. I guess it's not so surprising given that our community is disproportionately inhabited by scammers and thieves. However most of them had the good sense to operate somewhere besides the US and under fictitious names.

Fuck you Big Vern. Seriously. Hacks happen but you handled this like a first class douche.

After all the fraud on all the exchanges, I still can't believe the amount of funds that people keep in the exchanges. Just another lesson today from Cryptsy courtesy of Big Vern and the crew. When will people learn?

Exactly. This is why you don't move your coins to an exchange until you're gonna trade 'em.
legendary
Activity: 1260
Merit: 1001
I just can not believe people are still buying though... Not when its plumetting
After all the fraud on all the exchanges, I still can't believe the amount of funds that people keep in the exchanges. Just another lesson today from Cryptsy courtesy of Big Vern and the crew. When will people learn?
legendary
Activity: 1372
Merit: 1000
I just can not believe people are still buying though... Not when its plumetting
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I lost 200k DGC only because they wouldn't let me back into my account...

You coin dev you ! hahahah

So what happened account inactivity ?
Suh
full member
Activity: 146
Merit: 100
I lost 12 BTC.. I sold the rest of my coins now... Not losing to this rubbish again...

Which coins you are selling? Trading has terminated. How would u sell them?

I mean my remaining Bitcoin... Sold it all and now look and watch the price crash thanks to these scammers who took all our money
Yep... Likely to be quite a bit of selloff now. Sad
Suh
full member
Activity: 146
Merit: 100
I am out right around 4.0 BTC of value of various Cryptos on Cryptsy...
legendary
Activity: 1372
Merit: 1000
Today on Kraken it has crashed 50 euros.. Thanks to these scammers.  Cry
legendary
Activity: 1372
Merit: 1000
I lost 12 BTC.. I sold the rest of my coins now... Not losing to this rubbish again...

Which coins you are selling? Trading has terminated. How would u sell them?

I mean my remaining Bitcoin... Sold it all and now look and watch the price crash thanks to these scammers who took all our money
member
Activity: 64
Merit: 10
i think it is a best action to stop scamming by anyone.
hero member
Activity: 798
Merit: 1000
https://blockchain.info/tx/579f16b8b22a9307544df47de092a6be417411f98b86bdab2528195e5762c9b2

There is a incoming 0.0001 btc transaction directing to each address that had seized / hacked bitcoins

(https://blockchain.info/tx/c7b46a79fd8887038bd3a8e884b04820038415a60e0b9d2c2f5bcff68a2687bf)

It was broadcasted few hours back and is confirmed, 6 confs. Note, there have not been any transactions heading to these addys since said hack on july'14. The date is today 12:50:52.



Don't u think btc could still be on cryptsy?

This could be a tracking-attempt to locate the wallet.
hero member
Activity: 2147
Merit: 518
I lost 12 BTC.. I sold the rest of my coins now... Not losing to this rubbish again...

Which coins you are selling? Trading has terminated. How would u sell them?
hero member
Activity: 2147
Merit: 518
https://blockchain.info/tx/579f16b8b22a9307544df47de092a6be417411f98b86bdab2528195e5762c9b2

There is a incoming 0.0001 btc transaction directing to each address that had seized / hacked bitcoins

(https://blockchain.info/tx/c7b46a79fd8887038bd3a8e884b04820038415a60e0b9d2c2f5bcff68a2687bf)

It was broadcasted few hours back and is confirmed, 6 confs. Note, there have not been any transactions heading to these addys since said hack on july'14. The date is today 12:50:52.



Don't u think btc could still be on cryptsy?
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