Topic: My cryptsy alt coins are gone for good..? (Read 4526 times)

I have been thinking the same thing for years and it is driving me crazy ..., you are making sense my friend. I too back in 2010 thought about buying bitcoin and never investigated if I could actually buy the coins. Maybe I couldn't get them even if I wanted too?  Another thing, I also got into mining "apparently" I was late in that profit generating model too. Then I tried cloud mining and I think I broke even. I then thought maybe I should just buy and flip. I made a couple of hundred dollars on that one, but the stress was killing me. Ok back to reality there is no quick way/easy way to "make it on easy street" as my Grampa's last words to me were "work hard, don't spend more than you earn and save for a rainy day" I have been blessed with good health and loving Wife and a job that I enjoyed...... HEY I AM ALREADY ON EASY STREET!!!!!!!

There are a billion ways I could probably be rich - but there is only one reality, ha ha!

I don't even want to think about what my Cryptsy coins would be worth now upwards towards $100K . that is so much money for me

And if you didn't bother to keep emails about logins (which most people delete), you are stuffed?

Big vern wiped the cryptsy servers clean before he ran. The receiver has no details of who owns what to work with. You need evidence to convince him you held coins on cryptsy like screenshots, or emails.

Thanks. Didn't realize that the receiver required you to make a claim. Thought they had all the details of the owners of the coins.

You can fill out the receiver's form at this link.

http://cryptsyreceivership.com/registration/

It's not exactly a claim form, it's for giving the receiver details of what funds you had on cryptsy.

Is there way to get back the coins.
Almost 3btc plus was lost in Cryptsy ?

I'm telling you, this is the work of "The Owner".


~BCX~

The receiver, James D. Sallah, an attorney for Miami, Fla.-based Payton & Associates LLC, filed the report in the U.S. District Court Southern District of Florida.

The court appointed Sallah as receiver last month in response to an investor lawsuit and gave him control of Cryptsy’s assets, CCN reported.

Sallah confirmed in his report that investors do not have access to their Cryptsy accounts and that significant amounts of funds are missing and/or possibly locked in Cryptsy servers that he’s trying to access. He also confirmed that Cryptsy is no longer operating.

Sallah said he has not received any cooperation from Vernon. He demanded an accounting of the missing funds from Vernon in a letter, but has received no response. He said he has gained some cooperation from former Cryptsy employees.

He is trying to find all of the investors and determine what they are owed. He is also trying to find out which investors made money, how much, and when, as well as which received money back.

Sallah noted he has spoken with investors daily. He said he will try to determine how investors can be repaid what they are owed. If any investors improperly profited, he will try to see that the profits are returned and take legal action if necessary.

The receiver also said he will contact the landlord of the premises in Delray Beach where Cryptsy operated. He said there are presently no computers, furniture or equipment to secure unless it was relocated, which he will continue to investigate.

Crypto is a heaven for scammers because scammers now they can get away with it. It's the way it has been going on for years.

Hello Spazzdla,

I do not understand gov. Why do they not pay out the coins to the former owners?
They should be a model.

But you are right. They take everything they can.
There is no justice.

Kind Regards,
Zorro

I guess it's just another "I got hacked" scam. Most websites use this reason to runaway. Of course if you assume that it's true, then you will not be able to get your coins back. I wonder why would someone "withhold" that info as it's a big bad news to the users.

Alas as the gov has now taken control there is a 100% chance we will never get anything they will take EVERYTHING from us depositors in the name of "justice" and sell them off for their profit.

The gov.. utter scum.

The owner Paul Vernon claims that a bunch of coins were stolen via a hack.  So he can't give us our money (coins) back.  He says now that the coins were stolen over a year ago and he withheld this info and kept accepting deposits.  Of course we don't know for sure if he was hacked.  He may have just taken it all himself.  If there was a hacker, I haven't heard that there is any progress on finding out who it is.

Alas as the gov has now taken control there is a 100% chance we will never get anything they will take EVERYTHING from us depositors in the name of "justice" and sell them off for their profit.

The gov.. utter scum.

The owner Paul Vernon claims that a bunch of coins were stolen via a hack.  So he can't give us our money (coins) back.  He says now that the coins were stolen over a year ago and he withheld this info and kept accepting deposits.  Of course we don't know for sure if he was hacked.  He may have just taken it all himself.  If there was a hacker, I haven't heard that there is any progress on finding out who it is.

98.6% of people know that Paul Vernon did it, ergo nobody gets the bounty except Paul.

I agree! It doesn't have to be a bitcoin related business to go away like this. Throughout the internet history we have seen multiple companies coming and go!

Many exchange did this kind of "exit" and many more will follow...that's the nature of online business + money + low security.

no, not like Mt Gox.  Mt Gox could have been legitimately hacked.  cryptsy was an inside job.  odds are that a few wallet types could have been hacked, but hackers would have had to hack every type of wallet to drain them.  cryptsy must have hundreds of other wallets unhacked and could liquidate them to make investors somewhat whole again.  these multi coin exchanges usually only have one type of coin hacked or stolen at a time.  mt gox was unfortunate because the one type of coin stolen just happened to be the only type of coin they supported.  for a multi coin exchange, just  having a single type of coin stolen is a big deal.  having every type of coin stolen is an obvious inside job.

What is the status on the hunt for the hacker who stole the coins? Has anyone provided info on the matter and claimed the bounty?

claimed stolen over a year ago.

with the trading fee's etc they could easily have re-compensated the losses over a year, so try not to believe that their bitcoin holdings are empty. especially with users AFTER the supposed theft was added too.

Seeing as the last update was on February 1st, with only a few more wallets opened on that date, I think it is pretty much over by now. I had some hope they would open up Doge withdrawals, as I had quite a few left on Cryptsy, but now I think it is gone too. I know they won't be opening up any BTC or LTC as that is what they claim was stolen, but I think they had already drained any substantial funds out of the alt wallets and all that were left were the scraps.

At this point I would say to consider it all gone and move on with life. Getting worked up over it will do not good and just hold you back from doing more productive things with your time.

Seeing as the last update was on February 1st, with only a few more wallets opened on that date, I think it is pretty much over by now. I had some hope they would open up Doge withdrawals, as I had quite a few left on Cryptsy, but now I think it is gone too. I know they won't be opening up any BTC or LTC as that is what they claim was stolen, but I think they had already drained any substantial funds out of the alt wallets and all that were left were the scraps.

At this point I would say to consider it all gone and move on with life. Getting worked up over it will do not good and just hold you back from doing more productive things with your time.

Any real update on this cryptsy situation?? All the other threads are people just bitching.


If you are coming here to bitch please go to the other 15 threads.