Topic: Is kraken.com a scam? - page 3. (Read 15077 times)

Why would they be? I use kraken frequently and even though it has a low volume it has been doing everything it is supposed to pretty swift and secure for me.

I don think they are , i see that blockchain offer kraken on deposit .

Have you done any legal action or at least report the police after the 2.5 months wait?

I use to use Kraken - never had a problem with them. They are a bit slow though.

No funds returned yet, account still locked. Yet another week passed.

They asked for:
 -  An alternative ID (for example, a passport).
 -  A photo of you holding the original ID used for your initial tier 3

Although it's a ridiculous request and unequal treatment, i have sent to them right after their request.
Again nothing changed and no response.

Current status: They defrauded me 2436 EUR, locked my account, asked for extra ID verification.

Kraken is operating against the European Convention on Human Rights, Protocol to the Convention for the Protection of Human Rights and Fundamental Freedoms, ARTICLE 1, Protection of property:
"Every natural or legal person is entitled to the peaceful enjoyment of his possessions. No one shall be deprived of his possessions except in the public interest and subject to the conditions provided for by law and by the general principles of international law."

I don't care if you say i take a long shot, it's not. My property is withheld without any logical reason for far too long. And suspiciously enough, they lock my account and don't answer on time and delay for several months.

There is nothing unlawful of me sending my funds via wire transfer service of Kraken to a bank, which then returns it (due they don't accept bitcoin related transfers), and after 2.5 months, Kraken decides to lock my account and still withholds my funds. CRIMINAL KRAKEN! KRAKEN IS FRAUD! Their license to operate should be canceled. I did not steal their money. They did it to me. I was urgently needing my funds to do payments, but no, they damage me. Why, because i thought Kraken was trustworthy. All this waste of time, all the emails written, all the stress all these extra requests of them, do you think this is worth my time and my life to waste with ? NO.

KRAKEN = CRIME

I have also used kraken without any issue's. but the poster above was correct their volume is just too low for it to be effect for my style trading. Your problems are the first I have seen with Kraken and i will be watching to see the results. Please keep us updated.

Steve

They better have too low volume, the best would be ZERO volume.

Yes agreed, use btc-e, bitstamp, as long as it's not KRAKEN. But if you want to risk your funds to get stolen, go ahead.

noone using because too low volume, im using btc-e but bitstamp is not bad either

WOW !!!

I had emailed them again couple hours ago, and now they have DISABLED my account! I can not log in anymore.


Now they come up with this crap nonsense. This is what they came up with as an excuse after 2.5 months delay ? Until then my account was fine and we were waitng for Fidor to release the funds ? Suddenly my account got irregular ? A moron has more fantasy than these idiot's IQ level. "Several weeks" statement is another stupid argument that is fishy. They want to create more time delay to desperately push away my case.

KRAKEN IS FRAUD! They lie from their fuc*ing teeth. They lied and dragged this for 2.5 months.
They couldn't take my 'annoying' questions about the whereabouts of my funds.

They destroyed and erased evidence (transaction ID, amount, dates) by disabling my account. Filthy rats. This is unlawful and criminal behavior.

So, their solution, like any regular stinking dirty thief would do, they lie, steal my money, and lock my account to erase evidence and access to it. In hope that i will shut up and go away.

I have been defrauded and seen they are a scam.

KRAKEN IS SCAM.

BTW, anybody saying, that they did well with Kraken so far, it does nothing to the matter. My case overrules any past normal interaction. I'm mad. I hate it that this happened to me. That i had to fall victim to such idiots. What i did, i made a wire transfer to a bank in another country that hates bitcoins, which i couln't know, which were returned back to Fidor bank, following a long period of lies that my funds are held with Fidor bank, now Kraken claiming they find "irregularities" in my account to have an excuse to destroy evidence of their crime. The only irregularity is in Kraken's confusion, not knowing how to cover it's lies in a universe made of truth.

thanks for the information, I myself use Kraken for small amounts (I don't own much) but so far it's been all good for me no issues what so ever, but keep a not to my self that in case of such an issue it can become problematic

Last response from May 14th:


Yet another week passed, still have no funds returned. I will keep updating, so that you get a real life feedback on this case to decide for yourselves.

Ok they are at least not cutting all communication with you. And I doubt a business that is doing 100K+ € of business a day will risk bad reputation for 2K€, just keep bothering them so they speed up the process and solve your problem asap

Thanks for your alert, and luckily I haven't used Kraken myself.
Sorry to hear your experience, and I hope you can get your money back.

Indeed, it is pretty much the opposite.
Months before mtgox officially went down, people have already suspected mtgox was in big trouble due to the terrible delay in fiat withdrawals and have kept telling others to stay away from mtgox.

Update:

Just right now i got a response (remember this is after more than a month delay).

I'm truthful and fair person, so here is the response. I think you all feel that Kraken looks solid.

Still didn't get my funds back though.

=================
Hello,

I'm not actually handling your case, but I can see that it is still unresolved. I'm going to alert the agent who is aware of your case to respond to you as soon as possible with an update. I truly apologize for the long delay here, and I assure you that this delay is not by our choice. We'll get back to you as soon as we can with an update.

Best,

Ulf
Kraken Support

Just read the 3 pages, as so far I`m getting the notion of everyone stating its a scam.

Some stating its going to be big some day?

My conclusion, would be sticking with bitstamp. And why bother on other exchanges in the 1st place if they only done 2.4 btc in volume.

Which is 2436€ in less than 2 weeks. while you did the transfer in different calender month, there wasn't a one month period between the two transfers

I think this is the problem for Kraken. They request a lot of information and documents and bitcoin users are adverse to that because then they have to give up their anonimity.

Please do not stray the topic.

This topic is about Kraken is scam or not.

I had to lose 2436 EUR to find out.

YES. KRAKEN IS SPAM AND FRAUDULENT.

If you don't believe, maybe you too will lose your cash with Kraken.

MtGox was the unsinkable Titanic, right ?

I paid 2436 EUR to tell this truth.

If its a small exchange, why bother with it?

Theres many other options like localbitcoins.com or bitstamp, btc-e.

Also btc-e has recently change to accepting debit cards to credit payments.


P.S: Please feed your country and rape less girls.