Topic: How many LTC do you have frozen in [Vircurex]? Have they been unfrozen yet? - page 2. (Read 4181 times)

How about no. I'll post how I see fit on a public forum.

Entitlement mentality = fail ...in this thread.

Especially if you believe if you had a bigger balance that you should get your coins first.

You mean your frozen balance has decreased and is still frozen?

-B-

My friend:   256 LTC .... frozen.   Ignoring emails from him requesting unfreeze.

-B-

Looks like Vircurex has stolen some of my litecoins. I'm surprised this hasn't gotten more attention.

It was a calculated risk on my part. Its one of the oldest exchanges and so I had some faith in them and took a calculated risk so I could do some trading.

It was hardly my life savings, but it still pisses me off.

Kumala's lie about funding the loss from his own pockets has hurt a lot of people.

I've been pretty angry regarding what Kumala did but now I'm just heartbroken.  All I did was move some coins into Vircurex to trade them in late March and couldn't get them back.  Kumala claimed there was a technical error he was fixing but then he froze (stole) them.  He promised to make up his losses without affecting user accounts then went back on his word.  He claimed he was fixing a technical withdrawal issue and stole those funds too.  That second lie costs me a lot of money and heartache.  Here's why:

My autistic son will be graduating from high school in June.  It has been such a long journey for us and we are very proud he has made it.  My wife and I asked him what he wanted as a graduation gift and he said he'd like a cruise to Alaska.  Normally we could never afford that trip but I had enough cryptocurrency to just swing it.  I tried to trade the coins on Vircurex so I could monetize them.  Instead, Kumala stole them from me.  I've tried everything to get him to return them and he won't even respond to me.  Monday, I saw Kumala unfroze .00026808 LTC of my total of 450 LTCs.  I guess I was fooling myself thinking somehow I may get my coins but now I know I won't.  My wife recently cancelled our trip and today I told my son we can't go because someone stole the money. He was heartbroken and I was humiliated.  I'm now selling all of my mining equipment in the hope of raising some cash for a more modest trip.

I don't need sympathy and I certainly don't need people telling me it's my own fault for trading on Vircurex.  I just want people to know (especially Kumala) that what he did had real consequences for people.  Does Kumala realize when he steals people's coins it could effect their lives? 

I'm beyond upset now.  I'm heartbroken that he could be so callous as to steal people's wealth with no regard to how he is hurting them.

Why you have such volume of ltc stored on an exchange?

add coins-e the to list

This is so true, alfa.  Anybody can be a Monday morning quarterback.  You're right, this isn't even an "I told you so" attitude because they didn't warn us ahead a time.  It's a "I didn't tell you when it could help but I'm telling you after the fact that I knew better back then" - sure you did.

I kept zero balances in all my Vircurex accounts.  When I traded, I always did it at market so I could get in and out in under an hour.  If my trade wasn't executed within an hour, I'd canceled it and transfer the funds back to my wallet.

On 3/21, I transfered Bitcoins to my account and traded them for LTC.  It required multiple trades and I had 443 LTC in my account within 45 minutes.  I literally sat by my computer until the last trade, then tried to transfer the LTC back to my wallet as soon as it showed up.  That's how I've conducted every transaction with any exchange.  I received the "pop-up" error when I tried to transfer back.  I alerted Vircurex to the problem and soon after, a post when up that they were aware of the problem and working on it.  I retried the transfer hundreds of times over the next few days using different computers, OS, and browsers - same error.

Of course, a few days later my 443 LTC are frozen and I'll never see them again.  They allowed me to deposit and trade with no forewarning they were going to seize my funds.  It's one thing to freeze a long standing account, another to accept a deposit knowing full well you plan to seize the funds and distribute them to someone else.  Vircurex resorted to stealing new desposits.  This is not bad business, this is criminal activity.

Kumala should not only be sued, he should be arrested.  

Does anyone have any personal information on this crook?

only in the last month exchanges with issue on their balance:

mtgox
vircurex
cryptotrade
cryptorush
poloniex
coinex
coinmarket.io

this is insane,

I'm bored of people and their life lessons.. obv only the day after

[    ] understand all

[ * ] understand nothing

stop post here your stupid lessons of life plz

Homework or not users got screwed and there will be always some with " i told you so" attutude.
Mtgox or vircurex would not exist if nobody used them and trusted them. If some was not affected by this due homework or whatever reason, at least stop rub them with smartass remarks - it won't help.
Have you post a thread with warning of vircurex solvency issues?
Why you as a hero member do not show or post something if you suspect this? Newbee learn on this forum and hero member voice are heard more then others! Would you cost you anything to share your homework on time? No, instead you post smartass remarks! I never used vircurex because I never need them. But if i had done my homework and had suspected this, with hero member status I would def voice my concerns!! This is even worst attitude then ''I told you so" - you did not!
What is a good exchange in your opinion nowdays to trade btc, ltc or other coins? ( no, dont answer, after such attitude I do not need any "advice" or will read your post ever again.)

There are other exchanges that trade LTC that have a better track record than vircurex. Looks like you didn't do your homework before using vircurex otherwise you would have known they were insolvent for months.

If you have them up there temporarily to do a trade or two, that's just bad luck. Leaving them up there for months or more thinking it's The Rock of Gibraltar is what were talking about.

I learned from Bitfloor. When done trading send all crypto's back to your storage pc. I didn't leave one nickel up on Vircurex after the trading was done within a few days.

My ltc was for sale that is why the hell it was on an exchange. How else you going to trade? 76 ltc btw.

How many more example of people losing coins by keeping them on an exchange do we need before people wise up?

I get it, newbs will always fall for this unless forewarned. But this is retarded. Obviously anyone who did their research would know that Vircurex was insolvent about a year ago after a supposed "hack" where they lost a lot coins.

So basically, he must have only refunded people with LTC change, and maybe the single biggest LTC holder got some unfrozen. Everyone else is SOL.

That may be...the problem is we need the average joe.
If we want mass adoption that is.

yes indeed like they claim on their site...  bottom and down rule...

by the way still not a single litecoin back...  

I think he was suggesting under their claimed system of 50% going to the largest holders and 50% to the smallest holders he should have been a high chance of getting something back.  The system thats claimed to be in place.

28 and something LTC, they froze the whole balance on the account, had there 0.002 BTC, that was fully returned back after the process.