Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action - page 525. (Read 1006926 times)
November 04, 2015, 08:51:20 AM
Hmm...this morning my withdraw of 0.9BTC was processed....
November 04, 2015, 08:18:11 AM
Anyone notice that the thread is being bombarded by low activity level members saying how awesome cryptsy is and how they've got no problem at all?
Hrmmm...
LOL oldest trick in the book... Hrmmm...
November 04, 2015, 08:16:28 AM
Anyone notice that the thread is being bombarded by low activity level members saying how awesome cryptsy is and how they've got no problem at all?
Hrmmm...
Hrmmm...
November 04, 2015, 02:51:18 AM
November 04, 2015, 02:17:44 AM
All withdrawals still stucked even if i'm tier 3.
After 35 days and 276 different issues i'm really really tired to wait for these incompetents.
After 35 days and 276 different issues i'm really really tired to wait for these incompetents.
November 04, 2015, 01:37:07 AM
cryptsy has been fine for me...no issues
Been using this exchange for a while. It's seem fine
Same, as of today received 120k dogesometimes deposit is delayed but it ok
November 03, 2015, 07:17:22 PM
PS 
Quote
You have been blocked from chatting. Please wait for cool down period to end.
"Stop telling everyone how fucked up we are!!!"
Sounds about right...
By the way... still no answer from good ol BitJohn... and my inciting question/comment is still there...
And now I go to Cryptsy and notice a withdrawal limit of $25/$100 for non-KYC required products (digital coins). Don't quite like this additional "update/upgrade".
Why limit withdrawals? What's the basis for this?
EDIT: What's more interesting... "tier 1" is in no way KYC compliance as it is only a "tell me who you are and I'll trust you" level. KYC mandates for the US verification at any level (read no verification as a limit of 0, not $25/$100 or $2000/$10,000)
I'm really curious what the basis is for this new intrusion of privacy. Show us who is requiring you to know who we are or else we're forced to conclude that you're just attempting to restrict and/or reduce withdrawals from your wallets.
Why limit withdrawals? What's the basis for this?
EDIT: What's more interesting... "tier 1" is in no way KYC compliance as it is only a "tell me who you are and I'll trust you" level. KYC mandates for the US verification at any level (read no verification as a limit of 0, not $25/$100 or $2000/$10,000)
I'm really curious what the basis is for this new intrusion of privacy. Show us who is requiring you to know who we are or else we're forced to conclude that you're just attempting to restrict and/or reduce withdrawals from your wallets.
Belize: Land of Tiers
Cryptsyis: God of Tiers
November 03, 2015, 06:32:10 PM
cryptsy has been fine for me...no issues
Been using this exchange for a while. It's seem fine
Same, as of today received 120k doge 
November 03, 2015, 06:24:21 PM
Been using this exchange for a while. It's seem fine
November 03, 2015, 01:49:05 PM
PS
Quote
You have been blocked from chatting. Please wait for cool down period to end.
"Stop telling everyone how fucked up we are!!!"
Sounds about right...
By the way... still no answer from good ol BitJohn... and my inciting question/comment is still there...
And now I go to Cryptsy and notice a withdrawal limit of $25/$100 for non-KYC required products (digital coins). Don't quite like this additional "update/upgrade".
Why limit withdrawals? What's the basis for this?
EDIT: What's more interesting... "tier 1" is in no way KYC compliance as it is only a "tell me who you are and I'll trust you" level. KYC mandates for the US verification at any level (read no verification as a limit of 0, not $25/$100 or $2000/$10,000)
I'm really curious what the basis is for this new intrusion of privacy. Show us who is requiring you to know who we are or else we're forced to conclude that you're just attempting to restrict and/or reduce withdrawals from your wallets.
Why limit withdrawals? What's the basis for this?
EDIT: What's more interesting... "tier 1" is in no way KYC compliance as it is only a "tell me who you are and I'll trust you" level. KYC mandates for the US verification at any level (read no verification as a limit of 0, not $25/$100 or $2000/$10,000)
I'm really curious what the basis is for this new intrusion of privacy. Show us who is requiring you to know who we are or else we're forced to conclude that you're just attempting to restrict and/or reduce withdrawals from your wallets.
November 03, 2015, 01:00:11 PM
In a matter of fact there is a problem with the withdraws. Before two days after i saw the topic i try to withdraw 0.05BTC and everything was smoothly the withdraw was processed for 5 minutes.....but today i try to withdraw 0.9 BTC (before 5 hours) and still nothing..... offcourse the ticket system is pretty slow..... wtf is going on with that exchange ? I have a lot of alts there.
PS
PS
Quote
You have been blocked from chatting. Please wait for cool down period to end.
November 03, 2015, 12:55:01 PM
btw, did crypsty implement a pay to ban system ...so users in chat can ban another user...for a fee of course ot is that just a proposal?
I suspect this "pay to ban" crap is a sneaky way to shift blame for banning people who don't suck their collective dicks.
Quote
"Some other user decided to ban you, not us!"
Quote
"Some other user decided to ban you, not us!"
Its active? And is that the message that comes up when you get banned by another user?
I hardly ever go on chat, so not sure how , when you get banned, what comes up. how you know its moderators or another user.
Honestly, no clue. I'm just poking fun at the probable response.
November 03, 2015, 10:42:29 AM
btw, did crypsty implement a pay to ban system ...so users in chat can ban another user...for a fee of course ot is that just a proposal?
I suspect this "pay to ban" crap is a sneaky way to shift blame for banning people who don't suck their collective dicks.
Quote
"Some other user decided to ban you, not us!"
Quote
"Some other user decided to ban you, not us!"
Its active? And is that the message that comes up when you get banned by another user?
I hardly ever go on chat, so not sure how , when you get banned, what comes up. how you know its moderators or another user.
November 03, 2015, 08:32:08 AM
btw, did crypsty implement a pay to ban system ...so users in chat can ban another user...for a fee of course ot is that just a proposal?
I suspect this "pay to ban" crap is a sneaky way to shift blame for banning people who don't suck their collective dicks.
Quote
"Some other user decided to ban you, not us!"
November 03, 2015, 08:25:02 AM
dragonseer353
If support were replying to tickets then maybe we wouldn't be trying to post here, I have had a withdrawal stuck for 2 hours now
Nordman
@dragonseer353: it might help if you posted a ticket number but if not you will have to wait for them to get to your ticket
Nordman
NOTE: This chat box is not designed or intended for use in support. If you have a question, please send a ticket to cryptsy.freshdesk.com or email support on [email protected]
dragonseer353
ticket number #216960 I'll try the email as well
Nordman
@dragonseer353: please wait I have just passed it to support for you
*** System Message ***
dragonseer353 has been banned from chat for 1 day
JShock ♔
Chat is not where we handle support. Please utilize our ticket system
Go ahead cryptsy. Let's now ban people who trying to ask for help. Sure getting help here is a privilege not right. Support is made not for users but users for suport.
seems kind of harsh punishment ...it is only a snippet of the conversation, so not sure what transpired before.If support were replying to tickets then maybe we wouldn't be trying to post here, I have had a withdrawal stuck for 2 hours now
Nordman
@dragonseer353: it might help if you posted a ticket number but if not you will have to wait for them to get to your ticket
Nordman
NOTE: This chat box is not designed or intended for use in support. If you have a question, please send a ticket to cryptsy.freshdesk.com or email support on [email protected]
dragonseer353
ticket number #216960 I'll try the email as well
Nordman
@dragonseer353: please wait I have just passed it to support for you
*** System Message ***
dragonseer353 has been banned from chat for 1 day
JShock ♔
Chat is not where we handle support. Please utilize our ticket system
Go ahead cryptsy. Let's now ban people who trying to ask for help. Sure getting help here is a privilege not right. Support is made not for users but users for suport.
btw, did crypsty implement a pay to ban system ...so users in chat can ban another user...for a fee of course ot is that just a proposal?
November 03, 2015, 06:37:18 AM
dragonseer353
If support were replying to tickets then maybe we wouldn't be trying to post here, I have had a withdrawal stuck for 2 hours now
Nordman
@dragonseer353: it might help if you posted a ticket number but if not you will have to wait for them to get to your ticket
Nordman
NOTE: This chat box is not designed or intended for use in support. If you have a question, please send a ticket to cryptsy.freshdesk.com or email support on [email protected]
dragonseer353
ticket number #216960 I'll try the email as well
Nordman
@dragonseer353: please wait I have just passed it to support for you
*** System Message ***
dragonseer353 has been banned from chat for 1 day
JShock ♔
Chat is not where we handle support. Please utilize our ticket system
Go ahead cryptsy. Let's now ban people who trying to ask for help. Sure getting help here is a privilege not right. Support is made not for users but users for suport.
If support were replying to tickets then maybe we wouldn't be trying to post here, I have had a withdrawal stuck for 2 hours now
Nordman
@dragonseer353: it might help if you posted a ticket number but if not you will have to wait for them to get to your ticket
Nordman
NOTE: This chat box is not designed or intended for use in support. If you have a question, please send a ticket to cryptsy.freshdesk.com or email support on [email protected]
dragonseer353
ticket number #216960 I'll try the email as well
Nordman
@dragonseer353: please wait I have just passed it to support for you
*** System Message ***
dragonseer353 has been banned from chat for 1 day
JShock ♔
Chat is not where we handle support. Please utilize our ticket system
Go ahead cryptsy. Let's now ban people who trying to ask for help. Sure getting help here is a privilege not right. Support is made not for users but users for suport.
November 03, 2015, 05:00:34 AM
Source: mullick here..
https://bitcointalksearch.org/topic/m.9338361
Quote Source:
http://blog.cryptsy.com/post/100831839452/response-regarding-lawsuit
https://bitcointalksearch.org/topic/m.9338361
Quote Source:
http://blog.cryptsy.com/post/100831839452/response-regarding-lawsuit
Quote
Response regarding lawsuit
There was quite a bit of PR pushed out yesterday from a law firm that stated that they were filing a lawsuit against Cryptsy and myself. The complaint alleges that Crytpsy misled users and was negligent in security. They represent a single user. We have close to 300,000 users at this point. We have reviewed the unofficial complaint and believe that it is without merit. We intend to defend the case vigorously.
We would like to note that we have not received any documentation or official notification concerning any lawsuit yet. We also find it unprofessional that the law firm decided to push out such a large PR campaign prior to serving any notice. It should also be noted that according to the user terms of our site, disputes are to be handled via arbitration.
We realize that there have been a few "Bad Actors" in the crypto-currency space running exchanges and other services. Cryptsy strives for transparency and doing what is right. This lawsuit attempts to place us in the same group as many of these bad actors, but this is simply not how we operate. We are not a fly by night operation, we are a company that plans to be around for a long time. Our desire is to be the model of how to operate a crypto business.
As I’m sure many of you are aware, we take security very seriously. We pride ourselves on being one of the most secure places to trade on the internet. The crypto-currency space has been the target for a lot of hackers over the last year due to the increase in value of Bitcoin. These hackers not only target Cryptsy users, but users of many other Bitcoin services.
In this case the attack on the user making the claim came from within their own computer. This is currently one of the most common attacks by hackers. While we try to educate our users on how to secure their local environment, we ultimately have no control of a users computer system.
So as a reminder I’d like to reiterate a few security tips:
- Do not leave your computer logged into your Cryptsy account when you are away from your computer
- Do not install browser extensions from unknown developers
- Do not install mining software from unknown developers on the same computer you use to access Cryptsy
- Run a virus scan regularly.
- Make sure you use 2fa on your Cryptsy account
Paul Vernon
“BigVern”
Cryptsy.com
Oct 24th, 2014
5 notes
There was quite a bit of PR pushed out yesterday from a law firm that stated that they were filing a lawsuit against Cryptsy and myself. The complaint alleges that Crytpsy misled users and was negligent in security. They represent a single user. We have close to 300,000 users at this point. We have reviewed the unofficial complaint and believe that it is without merit. We intend to defend the case vigorously.
We would like to note that we have not received any documentation or official notification concerning any lawsuit yet. We also find it unprofessional that the law firm decided to push out such a large PR campaign prior to serving any notice. It should also be noted that according to the user terms of our site, disputes are to be handled via arbitration.
We realize that there have been a few "Bad Actors" in the crypto-currency space running exchanges and other services. Cryptsy strives for transparency and doing what is right. This lawsuit attempts to place us in the same group as many of these bad actors, but this is simply not how we operate. We are not a fly by night operation, we are a company that plans to be around for a long time. Our desire is to be the model of how to operate a crypto business.
As I’m sure many of you are aware, we take security very seriously. We pride ourselves on being one of the most secure places to trade on the internet. The crypto-currency space has been the target for a lot of hackers over the last year due to the increase in value of Bitcoin. These hackers not only target Cryptsy users, but users of many other Bitcoin services.
In this case the attack on the user making the claim came from within their own computer. This is currently one of the most common attacks by hackers. While we try to educate our users on how to secure their local environment, we ultimately have no control of a users computer system.
So as a reminder I’d like to reiterate a few security tips:
- Do not leave your computer logged into your Cryptsy account when you are away from your computer
- Do not install browser extensions from unknown developers
- Do not install mining software from unknown developers on the same computer you use to access Cryptsy
- Run a virus scan regularly.
- Make sure you use 2fa on your Cryptsy account
Paul Vernon
“BigVern”
Cryptsy.com
Oct 24th, 2014
5 notes
Yes. This is regarding the lawsuit filed by silvers law after a guy tried to get his coins back from cryptsy following the Bitcoin Saving & Trust fiasco. It's like a year old and I believe they settled it.
http://silverlaw.com/media/news-releases/246-2/
What is the point of posting this exactly?
do you know what the settlement was?
didn't that shavers guy actually get a jail sentence as he was running a Ponzi
If they settled out of court, there is no way to find out. They wouldn't have had to disclose it.
This is a copy of the complaint:
https://www.manatt.com/uploadedFiles/Content/4_News_and_Events/Newsletters/BankingLaw@manatt/2014-10-24%20--%20Cryptsy%20Complaint.pdf
Keep in mind that Cryptsy's user agreement states that you agree to settle all disputes via arbitration if you use their service. So, filing a lawsuit in a real court could be a problem for an individual.
https://www.cryptsy.com/pages/terms
23. Applicable Law and Venue
These Terms and your use of the Site will be governed by and construed in accordance with the laws of Florida, without resort to its conflict of law provisions. You agree that any action at law or in equity arising out of or relating to these Terms not subject to arbitration (as set forth below), will be filed only in the state and federal courts located in Palm Beach County, Florida and you hereby irrevocably and unconditionally consent and submit to the exclusive jurisdiction of such courts over any suit, action or proceeding arising out of these Terms.
24. Arbitration
PLEASE READ THE FOLLOWING PARAGRAPH CAREFULLY BECAUSE IT REQUIRES YOU TO ARBITRATE DISPUTES WITH CRYPTSY INTERNATIONAL AND IT LIMITS THE MANNER IN WHICH YOU CAN SEEK RELIEF.
Any controversy or claim arising out of or relating to these Terms, or the breach of these Terms, shall be settled by binding arbitration in accordance with the rules of net-ARB.com. The costs of arbitration shall be initially borne by the party initiating arbitration and later apportioned by the arbitrator. The arbitrator's decision will be binding and may not be appealed. A judgment of a court having jurisdiction may be entered upon the arbitrator's award.
This doesn't apply to Tort law. If users were deceived within the agreement and it violates standard law or shows malicious willful intent to deceive or has shown deceptive practices like banning and not responding to inquiries and all other grievances listed in this thread, it shows willful intent. So it can be proven as a class action since you can not amend a contract to include Tort Liability when Fraud or Civil Malfeasance is involved. These are Civil actions and outside the scope of any agreement. You would think ebay has an arbitration clause yet they get hit with Class Actions all the time and are forced to pay. This is because ebay did something illegal or misrepresented or unintentional to harm its users.
November 03, 2015, 04:01:58 AM
cryptsy has been fine for me...no issues
November 03, 2015, 03:38:42 AM
Source: mullick here..
https://bitcointalksearch.org/topic/m.9338361
Quote Source:
http://blog.cryptsy.com/post/100831839452/response-regarding-lawsuit
https://bitcointalksearch.org/topic/m.9338361
Quote Source:
http://blog.cryptsy.com/post/100831839452/response-regarding-lawsuit
Quote
Response regarding lawsuit
There was quite a bit of PR pushed out yesterday from a law firm that stated that they were filing a lawsuit against Cryptsy and myself. The complaint alleges that Crytpsy misled users and was negligent in security. They represent a single user. We have close to 300,000 users at this point. We have reviewed the unofficial complaint and believe that it is without merit. We intend to defend the case vigorously.
We would like to note that we have not received any documentation or official notification concerning any lawsuit yet. We also find it unprofessional that the law firm decided to push out such a large PR campaign prior to serving any notice. It should also be noted that according to the user terms of our site, disputes are to be handled via arbitration.
We realize that there have been a few "Bad Actors" in the crypto-currency space running exchanges and other services. Cryptsy strives for transparency and doing what is right. This lawsuit attempts to place us in the same group as many of these bad actors, but this is simply not how we operate. We are not a fly by night operation, we are a company that plans to be around for a long time. Our desire is to be the model of how to operate a crypto business.
As I’m sure many of you are aware, we take security very seriously. We pride ourselves on being one of the most secure places to trade on the internet. The crypto-currency space has been the target for a lot of hackers over the last year due to the increase in value of Bitcoin. These hackers not only target Cryptsy users, but users of many other Bitcoin services.
In this case the attack on the user making the claim came from within their own computer. This is currently one of the most common attacks by hackers. While we try to educate our users on how to secure their local environment, we ultimately have no control of a users computer system.
So as a reminder I’d like to reiterate a few security tips:
- Do not leave your computer logged into your Cryptsy account when you are away from your computer
- Do not install browser extensions from unknown developers
- Do not install mining software from unknown developers on the same computer you use to access Cryptsy
- Run a virus scan regularly.
- Make sure you use 2fa on your Cryptsy account
Paul Vernon
“BigVern”
Cryptsy.com
Oct 24th, 2014
5 notes
There was quite a bit of PR pushed out yesterday from a law firm that stated that they were filing a lawsuit against Cryptsy and myself. The complaint alleges that Crytpsy misled users and was negligent in security. They represent a single user. We have close to 300,000 users at this point. We have reviewed the unofficial complaint and believe that it is without merit. We intend to defend the case vigorously.
We would like to note that we have not received any documentation or official notification concerning any lawsuit yet. We also find it unprofessional that the law firm decided to push out such a large PR campaign prior to serving any notice. It should also be noted that according to the user terms of our site, disputes are to be handled via arbitration.
We realize that there have been a few "Bad Actors" in the crypto-currency space running exchanges and other services. Cryptsy strives for transparency and doing what is right. This lawsuit attempts to place us in the same group as many of these bad actors, but this is simply not how we operate. We are not a fly by night operation, we are a company that plans to be around for a long time. Our desire is to be the model of how to operate a crypto business.
As I’m sure many of you are aware, we take security very seriously. We pride ourselves on being one of the most secure places to trade on the internet. The crypto-currency space has been the target for a lot of hackers over the last year due to the increase in value of Bitcoin. These hackers not only target Cryptsy users, but users of many other Bitcoin services.
In this case the attack on the user making the claim came from within their own computer. This is currently one of the most common attacks by hackers. While we try to educate our users on how to secure their local environment, we ultimately have no control of a users computer system.
So as a reminder I’d like to reiterate a few security tips:
- Do not leave your computer logged into your Cryptsy account when you are away from your computer
- Do not install browser extensions from unknown developers
- Do not install mining software from unknown developers on the same computer you use to access Cryptsy
- Run a virus scan regularly.
- Make sure you use 2fa on your Cryptsy account
Paul Vernon
“BigVern”
Cryptsy.com
Oct 24th, 2014
5 notes
Yes. This is regarding the lawsuit filed by silvers law after a guy tried to get his coins back from cryptsy following the Bitcoin Saving & Trust fiasco. It's like a year old and I believe they settled it.
http://silverlaw.com/media/news-releases/246-2/
What is the point of posting this exactly?
do you know what the settlement was?
didn't that shavers guy actually get a jail sentence as he was running a Ponzi
If they settled out of court, there is no way to find out. They wouldn't have had to disclose it.
This is a copy of the complaint:
https://www.manatt.com/uploadedFiles/Content/4_News_and_Events/Newsletters/BankingLaw@manatt/2014-10-24%20--%20Cryptsy%20Complaint.pdf
Keep in mind that Cryptsy's user agreement states that you agree to settle all disputes via arbitration if you use their service. So, filing a lawsuit in a real court could be a problem for an individual.
https://www.cryptsy.com/pages/terms
23. Applicable Law and Venue
These Terms and your use of the Site will be governed by and construed in accordance with the laws of Florida, without resort to its conflict of law provisions. You agree that any action at law or in equity arising out of or relating to these Terms not subject to arbitration (as set forth below), will be filed only in the state and federal courts located in Palm Beach County, Florida and you hereby irrevocably and unconditionally consent and submit to the exclusive jurisdiction of such courts over any suit, action or proceeding arising out of these Terms.
24. Arbitration
PLEASE READ THE FOLLOWING PARAGRAPH CAREFULLY BECAUSE IT REQUIRES YOU TO ARBITRATE DISPUTES WITH CRYPTSY INTERNATIONAL AND IT LIMITS THE MANNER IN WHICH YOU CAN SEEK RELIEF.
Any controversy or claim arising out of or relating to these Terms, or the breach of these Terms, shall be settled by binding arbitration in accordance with the rules of net-ARB.com. The costs of arbitration shall be initially borne by the party initiating arbitration and later apportioned by the arbitrator. The arbitrator's decision will be binding and may not be appealed. A judgment of a court having jurisdiction may be entered upon the arbitrator's award.
November 03, 2015, 01:05:09 AM
i only use cryptsy for small transaction and it work fine. i hope all issue is resolve for you guys soon though!!
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