Topic: Livecoin.net Scam - page 25. (Read 13656 times)
OP, you can create a flag against LiveCoin if they are refusing to return your money. This will warn others and will put pressure on them to give you what you have on deposit with them.
but if it is normal for you when you have been robbed and you must be silent about it and you are not ready to assert your rights, then this exchange is for you, there are no problems!
the hell are you talking about? I've never said "it's normal" nor have I said that such Terms are fair, I was just trying to see if they actually changed the "Terms" recently. Don't release your anger on me, it's not my fault that you didn't conduct a proper research (like @Slow death pointed out) about this exchange before using it.
in 2017 I had turnover of $ 100,000 per month, they received their percent from each deals, as well as percent for the withdrawals and now they are so bad with me
2 weeks have passed, but they still have not told me the reason for blocking my account, they just wrote 2 times yesterday that I’m breaking their rules, but nothing concrete and if I continue to violate them, they will take my money. I decided that they meant the publication of their messages, so now I’m afraid to show them to you.
:-(
but if it is normal for you when you have been robbed and you must be silent about it and you are not ready to assert your rights, then this exchange is for you, there are no problems!
the hell are you talking about? I've never said "it's normal" nor have I said that such Terms are fair, I was just trying to see if they actually changed the "Terms" recently. Don't release your anger on me, it's not my fault that you didn't conduct a proper research (like @Slow death pointed out) about this exchange before using it.
It turned out that they had such a point of the rules
Quote
The Customer guarantees not to disclose any information, obtained from the Service support operator, in any channels of communication. Violation of this rule will lead to the account termination without refunding of the remaining balance of the account.
but before that there was no such point!Whether that clause was there recently or from before is irrelevant, it is illegal for them to refuse to return your funds to you. That's theft.
The most they can do for your supposed contravention of their T&C's is to bar you from using their services. They are not, under any circumstances, entitled to claim ownership of your balance on their platform as a result.
It turned out that they had such a point of the rules
I just checked the 'wayback machine' website (to see if they actually added that paragraph in the 'Terms' recently) and it seems like that small paragraph has been there for quite a while: https://web.archive.org/web/20181004155211/https://www.livecoin.net/en/useragreement so, i'm not sure what you mean by "before".Quote
The Customer guarantees not to disclose any information, obtained from the Service support operator, in any channels of communication. Violation of this rule will lead to the account termination without refunding of the remaining balance of the account.
but before that there was no such point!same terminology 100% yes?
but if it is normal for you when you have been robbed and you must be silent about it and you are not ready to assert your rights, then this exchange is for you, there are no problems!
It turned out that they had such a point of the rules
I just checked the 'wayback machine' website (to see if they actually added that paragraph in the 'Terms' recently) and it seems like that small paragraph has been there for quite a while: https://web.archive.org/web/20181004155211/https://www.livecoin.net/en/useragreement so, i'm not sure what you mean by "before". Quote
The Customer guarantees not to disclose any information, obtained from the Service support operator, in any channels of communication. Violation of this rule will lead to the account termination without refunding of the remaining balance of the account.
but before that there was no such point!
Guys, I hope for your support, without it they will continue to deceive and steal. Any help is important, any advice, thanks!
Guys, I had to delete all the correspondence with them, because they began to threaten me with complete blocking and loss of my money!
It turned out that they had such a point of the rules
so they include another new paragraph of the rules
What's going on there?!
they lost my money, blocked me for telling you about it and giving evidence, took the remaining money and threatened me with their loss without giving me the opportunity to tell you anything! I don’t know what to do now, if I don’t say anything, they will continue to ignore my demands, if I speak about it in public - they begin to threaten me with the loss of all my funds!
It turned out that they had such a point of the rules
Quote
The Customer guarantees not to disclose any information, obtained from the Service support operator, in any channels of communication. Violation of this rule will lead to the account termination without refunding of the remaining balance of the account.
but before that there was no such point!so they include another new paragraph of the rules
Quote
The Service reserves the right to change, add or remove parts of these Terms at any time at its sole discretion. The Customer commits to monitor all the amendments made to the present Customer Agreement. Continued use of the Website after the modifications are made would mean that the Customer accepts and agrees with the amendments. The Customer agrees, that all subsequent transactions will comply with these Terms. As long as the Customer agrees with the Terms and any such modifications, the Service grants her/him a personal and non-transferable limited right to log in and use the Website and the Platform
What's going on there?!
they lost my money, blocked me for telling you about it and giving evidence, took the remaining money and threatened me with their loss without giving me the opportunity to tell you anything! I don’t know what to do now, if I don’t say anything, they will continue to ignore my demands, if I speak about it in public - they begin to threaten me with the loss of all my funds!
Thanks to everyone who responded to my problem!
I have the only one answer from them
I tranfer in my account livecoin PPC coin https://chainz.cryptoid.info/ppc/tx.dws?ddba58bffdd5617b5d2b808749c583a1a3853531a74c58fe6a942ada44b1c9d2.htm equivalent 0.08btc
Also Last year I bought about 750 MONA coins equivalent 0.3btc on this exchange, which they refused to return to me, after that I published a public complaint about them here - bestchange.ru and after that they blocked me in 10 minutes.
I have the only one answer from them
I tranfer in my account livecoin PPC coin https://chainz.cryptoid.info/ppc/tx.dws?ddba58bffdd5617b5d2b808749c583a1a3853531a74c58fe6a942ada44b1c9d2.htm equivalent 0.08btc
Also Last year I bought about 750 MONA coins equivalent 0.3btc on this exchange, which they refused to return to me, after that I published a public complaint about them here - bestchange.ru and after that they blocked me in 10 minutes.
After I made sure that they were not going to return my mona coins to me, which they lost because of a bad security organization, I described this problem on this forum and the bestchange site after that they blocked my account with all my money, they don’t give me the reason already, 1.5 weeks go on.
I demand to return all the funds that I have on my account!
I demand to return all the funds that I have on my account!
you will have to place your claim and wait for DT on this forum. follow scam acc format for best results. the DT ONLY has power for this forum and looks like avirunes has replied already here.. work with him on this in my opin.
DT here will not move without proof usually
personally i like livecoin, tho, ANY exchanges is CAPABLE of selective scamming i think
I went ahead and have PM'ed Livecoin about it to give a response here. However your accusation also lacks proofs so I suggest giving some deposit txid's , chat screenshots with their support representative like logfiles said.
Any idea how much you lost?
Any idea how much you lost?
I think you should PM the representative person LiveCoin here
https://bitcointalksearch.org/user/livecoin-462136
Or post about it on there announcement thread here
https://bitcointalksearch.org/topic/livecoinnet-buysellexchangenew-pairsrstbtc-ledubtc-tgamebtc-1151791
Btw, I find this exchange somewhat shaddy after going through a lot of accusations against them.
Hope this helps!
https://bitcointalksearch.org/user/livecoin-462136
Or post about it on there announcement thread here
https://bitcointalksearch.org/topic/livecoinnet-buysellexchangenew-pairsrstbtc-ledubtc-tgamebtc-1151791
Btw, I find this exchange somewhat shaddy after going through a lot of accusations against them.
Hope this helps!
Maybe including screenshots of your communication with their support in the OP will be good so that it's easier to know how it all started.
Livecoin.net exchange is a SCAM
LiveCoin Scamming!
LiveCoin - ETH Scam Confirmed
they have a bad reputation, next time research before use these exchanges and avoid shady exchanges like this
LiveCoin Scamming!
LiveCoin - ETH Scam Confirmed
I demand to return all the funds that I have on my account!
they have a bad reputation, next time research before use these exchanges and avoid shady exchanges like this
Prologue
At the beginning of 2018 there was “a 51% attack” on the MONA coin network
During that time there was double spending, which resulted in coins that should not have existed and appeared on Livecoin; where they were sold.
Sometime after this event, this stock exchange realized what happened, but it was too late. So, they permanently blocked the wallets for deposits and withdrawals of this currency.
Thus, begins my problem. Back in 2018 I bought 750 MONA coins at this exchange (at that time, the equivalent of 0.30btc) and after a while the bitcoin exchange rate fell dramatically. The MONA coin followed that pattern as well. At that time, like everyone else, I floated in the euphoria of a non-stop growing market and did not pay much attention to this situation. I was thinking for myself that this was just another price correction and I would just wait until everything recovers again, especially since the MONA coin looked pretty good and promising to me at that time.
However, the exchange rate began to recover only during this summer (2019). I was concerned about the problem of withdrawing my MONA coin from Livecoin, because their exchange rate did not reflect the market rate and the coin’s wallet was blocked. This made me think more about this situation.
What really happened?
After the attack, financial claims against the MONA developers were made and deposit/withdrawal option was restricted only by the Livecoin exchange. All other exchanges remained unrestricted. Strange, isn't it?
This exchange immediately blamed the MONA team for all its troubles and made a claim to them for financial losses. If you read the 51% attack link I provided above, you will understand that due to the low capacities and the initial stage of the emergence of the cryptocurrency industry, all currently existing coins are subject to this problem.
Not everything is as bad as it seems, because this process can be controlled! The solution lies in the simple control of the network. All exchanges that prioritize security of their users' funds control the network of coins that are sold on their exchange by program code. Computers monitor the network 24 hours a day to determine its reliability and detect abnormal activity. This is done by every other exchange except Livecoin, who, judging by this problem, were not familiar with such an automated security method.
To this day, Livecoin’s exchange system is not up to the standards of other exchanges. For example, making a deposit on Livecoin results in a 4x delay (4 hours vs. the standard 1 hour) before seeing said deposit reflected in your balance.
As I stated earlier, Livecoin blocked the wallets of this coin for any deposit/withdrawal operations and made a claim to the developers of MONA for compensation of their losses. –In fact, Livecoin itself caused their own loss there was no control over the network. To blame MONA for the loss is incredible impudence.
Now, let's try to understand on what rights they were using MONA software? They were using it based on the MIT license.
Since they used the product at their own risk, they should have done all possible safety checks at the program level, prior to using this product because they are fully responsible for the user’s money. Unfortunately, this is just a fairy tale written by them in their rules for costumers’ mental comfort. Although the MIT license claims that the users are fully responsible for all the problems and damages arising from the use of this program code, Livecoin is still blaming someone else for their losses. This is simply unbelievable!
So, what happened to me?
Having fully realized the danger of the situation, I requested the possibility of withdrawing all my funds from Livecoin. However, they sent me to solve my request with the developer. Yes, you understood me correctly – they sent a user, whose funds they have lost through their own fault, to solve the issue with the developer! At that moment I could not believe this and had to reread their answer several times.
After I have been submitting tickets to them regarding this issue, but they threatened me with a low priority of answering to my further inquiries, if I continue to ask them such questions. Meanwhile, there were more problems arising, and less and less methods of solving them.
Realizing that nothing could be achieved through the dialog with them - I turned to the public by publishing a post about this situation in the Russian branch in this forum and created a claim on the website bestchange.ru.
Can you guess what happened 10 minutes later? I am sure that you will be able to guess from the first try, considering all the information from above. My account with all funds was blocked on this exchange! I believe that somewhere in this world there is an age of cryptocurrency, progress and development, while here, there is a century of unlimited lawlessness and gangsterism continues and Livecoin is a vivid example to that.
I hope now you understand how they will act in case of a more serious problem - they will simply run away with your money!
The blocking occurred on 06/18/2019 and my account remains blocked to this day. They do not react to any of my questions about the reasons for blocking it. So far, I only received 2 replies from them, in which there is not a single word about the reason for blocking my account. In their second reply they threatened me with taking all my money away, if I continue to violate their rules. I repeat that I was not able to get an answer to which rules I have violated. They persistently ignore this question.
Drawing my own conclusions and thinking that the cause for blocking my account might be related to published correspondence between me and them, I cannot attach the screenshots of our conversation with them and I apologize for that. I still hope that they will return my money someday, although my hope is disappearing day by day.
Many thanks to all of you for any assistance and support provided, and I also ask you to support the flag I created. Together we can make rogues work honestly, because they have no place on the cryptocurrency market!
Please support my flag
At the beginning of 2018 there was “a 51% attack” on the MONA coin network
During that time there was double spending, which resulted in coins that should not have existed and appeared on Livecoin; where they were sold.
Sometime after this event, this stock exchange realized what happened, but it was too late. So, they permanently blocked the wallets for deposits and withdrawals of this currency.
Thus, begins my problem. Back in 2018 I bought 750 MONA coins at this exchange (at that time, the equivalent of 0.30btc) and after a while the bitcoin exchange rate fell dramatically. The MONA coin followed that pattern as well. At that time, like everyone else, I floated in the euphoria of a non-stop growing market and did not pay much attention to this situation. I was thinking for myself that this was just another price correction and I would just wait until everything recovers again, especially since the MONA coin looked pretty good and promising to me at that time.
However, the exchange rate began to recover only during this summer (2019). I was concerned about the problem of withdrawing my MONA coin from Livecoin, because their exchange rate did not reflect the market rate and the coin’s wallet was blocked. This made me think more about this situation.
What really happened?
After the attack, financial claims against the MONA developers were made and deposit/withdrawal option was restricted only by the Livecoin exchange. All other exchanges remained unrestricted. Strange, isn't it?
This exchange immediately blamed the MONA team for all its troubles and made a claim to them for financial losses. If you read the 51% attack link I provided above, you will understand that due to the low capacities and the initial stage of the emergence of the cryptocurrency industry, all currently existing coins are subject to this problem.
Not everything is as bad as it seems, because this process can be controlled! The solution lies in the simple control of the network. All exchanges that prioritize security of their users' funds control the network of coins that are sold on their exchange by program code. Computers monitor the network 24 hours a day to determine its reliability and detect abnormal activity. This is done by every other exchange except Livecoin, who, judging by this problem, were not familiar with such an automated security method.
To this day, Livecoin’s exchange system is not up to the standards of other exchanges. For example, making a deposit on Livecoin results in a 4x delay (4 hours vs. the standard 1 hour) before seeing said deposit reflected in your balance.
As I stated earlier, Livecoin blocked the wallets of this coin for any deposit/withdrawal operations and made a claim to the developers of MONA for compensation of their losses. –In fact, Livecoin itself caused their own loss there was no control over the network. To blame MONA for the loss is incredible impudence.
Now, let's try to understand on what rights they were using MONA software? They were using it based on the MIT license.
Since they used the product at their own risk, they should have done all possible safety checks at the program level, prior to using this product because they are fully responsible for the user’s money. Unfortunately, this is just a fairy tale written by them in their rules for costumers’ mental comfort. Although the MIT license claims that the users are fully responsible for all the problems and damages arising from the use of this program code, Livecoin is still blaming someone else for their losses. This is simply unbelievable!
So, what happened to me?
Having fully realized the danger of the situation, I requested the possibility of withdrawing all my funds from Livecoin. However, they sent me to solve my request with the developer. Yes, you understood me correctly – they sent a user, whose funds they have lost through their own fault, to solve the issue with the developer! At that moment I could not believe this and had to reread their answer several times.
After I have been submitting tickets to them regarding this issue, but they threatened me with a low priority of answering to my further inquiries, if I continue to ask them such questions. Meanwhile, there were more problems arising, and less and less methods of solving them.
Realizing that nothing could be achieved through the dialog with them - I turned to the public by publishing a post about this situation in the Russian branch in this forum and created a claim on the website bestchange.ru.
Can you guess what happened 10 minutes later? I am sure that you will be able to guess from the first try, considering all the information from above. My account with all funds was blocked on this exchange! I believe that somewhere in this world there is an age of cryptocurrency, progress and development, while here, there is a century of unlimited lawlessness and gangsterism continues and Livecoin is a vivid example to that.
I hope now you understand how they will act in case of a more serious problem - they will simply run away with your money!
The blocking occurred on 06/18/2019 and my account remains blocked to this day. They do not react to any of my questions about the reasons for blocking it. So far, I only received 2 replies from them, in which there is not a single word about the reason for blocking my account. In their second reply they threatened me with taking all my money away, if I continue to violate their rules. I repeat that I was not able to get an answer to which rules I have violated. They persistently ignore this question.
Drawing my own conclusions and thinking that the cause for blocking my account might be related to published correspondence between me and them, I cannot attach the screenshots of our conversation with them and I apologize for that. I still hope that they will return my money someday, although my hope is disappearing day by day.
Many thanks to all of you for any assistance and support provided, and I also ask you to support the flag I created. Together we can make rogues work honestly, because they have no place on the cryptocurrency market!
Please support my flag
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