This BigVern's story is an utter bullshit.
1. How come he could run BTC, LTC and some unknown shitcoin wallets within the same physical machine AND virtual machine? I don't do this even on my desktop!
2. 13,000 BTC and 300,000 LTC in HOT wallets? BTC was about $580 and LTC $7.5 at the alleged theft time. That's a grand total of nearly $10 million! Again, in hot wallets? Are you fucking kidding me?
3. All wallets on exchange MUST be encrypted with their keys stored elsewhere in top security. Even if a wallet server is compromised, nothing can be sent out without knowledge of these keys. That's a no-brainer.
Dude, it's obvious that you're not verse in Paul Vernon's Army record where he handled security issues for 3-, 4- and 5-Star Generals, and ...
http://paulvernoncryptsy.tumblr.com/Paul Vernon Cryptsy
Paul Vernon of Cryptsy is known to colleagues as a savvy businessman whose technical and business skills have made him a valuable asset to Cryptsy. He is currently serving as the company's Chief Executive Officer. Cryptsy is an Internet startup operated by Project Investors, In. that focuses on the exchange of crypto-currency, also known as bitcoin. Paul Vernon says Cryptsy currently services more than two hundred kinds of crypto-currency.
The Job and Duties of a CEO
The Chief Executive Officer of any business, whether they are large or small, is the person that sits at the top. They are the head chair at a conference table so to speak. There are certain jobs and duties that only the CEO can do and they carry a lot of the responsibility of the company on their backs, especially if the company they are CEO for, is one that they started on their own. The CEO has the responsibility of making sure the business is still alive the next year, and the year after that, and for as long as the company can stay alive.
It requires a high degree of calculated thinking to do the job right. If they have a strong background in business and have experience heading another company, this will reflect nicely on them. But a background in business is not always necessary. Some CEOs never worked in business before, but it is all about having the right skills to make things happen when they should. Paul Vernon is a CEO of his company, Cryptsy, and he had no prior experience in the business. He is a veteran of the Army where he was an intelligence analyst. But here he honed the skills he needs to run his technology-heavy business.
In most cases, there is no standardized list of responsibilities carried out by a CEO. Excluding the responsibility of the future of a company, common duties of a CEO include; supporting operations and administration of the Board, and advising and informing said members. A CEO is often the interface between the Board and the company staff. Another function that CEOs often do is one of community and public relations, consistently presenting the organization with a strong and positive image to key stakeholders. They are the ones who make public announcements and other things to the press and the general public when something big happens. Paul Vernon Cryptsy is a huge advocate for getting involved with the community, which makes him a great CEO.
A great CEO who would've banned the entire community if given enough time. HAHAHA
if the latest blog release shows all previous excuses to be basically a lie; then why the hell do so many just instantly believe the latest excuse 
