Topic: Rumored yobit founder arrested - page 2. (Read 644 times)

I can't say I'm surprised. This would also explain very bad running of business that Yobit had. Still this doesn't have to mean that Yobit will stop existing, some new leader could overtake it or it could be sold.
Nevertheless I quit doing business with Yobit a long time ago because of very poor service they were providing and because of many scam accusations.

I first heard about YoBit because that was the first signature campaign that I joined here. I registered for the site, simply because they paid via our YoBit balances. Remember the whole BigUp brigade a few years ago? I actually made out okay on it. It was a shitcoin with no vision, but I bought a couple million of 'em for one sat each, and I made a pretty decent ROI within a few weeks on that shitcoin.

I will say that I never took YoBit serious as an exchange. Why? First of all, dice. Currency exchange and a dice game on the dashboard/portal? Lol.

But, I will also say that I did lose a couple thousand dollars worth of crypto when I lost access to my account. I had 2FA enabled, and lost my phone. I, being a dumbass, was using Google Authenticator, and given that YoBit doesn't (or didn't at the time) show your secret key for 2FA, I lost access to my account. I was easily able to recover my Bittrex, Poloniex and even C-CEX (another shitxchange), but when it came to YoBit, they just completely stopped responding to my request. It has been 14 months now, and they still have not responded to my monthly emails. Fuck YoShit.

If you have holdings in YoBit, get it out. Not just because of this news, but because of how shitty they are. As @magneto said above, there are thousands of posts in Scam Accusations about YoBit. While a lot of them are just fueled by impatience, there are legitimate complaints and scams that have definitely happened. The only reason I never created an accusation myself is because there were so many open accusations against them at the time.

With all that said, I don't believe that Krymov owns YoBit, and I think that it will continue operating without him. Even more reason to gtfo. I hope if anyone from these forums takes anything away from this, it's that YoBit cannot be trusted. Be cautious.

If this is indeed true, folks who trade to Yobit should right away withdraw their money from it. Even though that the exchange is still online right now, we don't know what will happen in the coming hours and days after the arrest. This information may be false but I'm having an inkling feeling that this is true due tot he behavior of the exchange itself. This exchange is shady as f*ck with their support being non-existent at all. I wouldn't be surprised if it will be closed in the future.

Wow thats bad news for YoBit users. Fortunately, I am not having any funds in it.

Huh, I was just saying to someone today that I wonder if their shitstorm of a spam campaign was still going on here and if they were even still in business. I guess now I can tell them the news lol! They won't be in business for very long! Thankfully Bitcointalk has made me very aware of their business and very aware that they don't give a shit at all. They were looking to make some quick and dirty money and I guess they must have. Doesn't matter in a Russian prison though!

Apparently he also operated a scam ICO (i think worldcore?) behind the scenes. So he's clearly experienced in scamming people and playing con artist games with people. If he was the founder of yobit even though that is up for speculation but there are some proofs being offered, then the scam here imo would be the yobit investbox. If it turned out to be an exit scam then investbox investors will get robbed, and then withdrawals will get halted.

This isn't good for yobit users.

Regardless of his true intentions/affiliation with yobit, with the support ignoring all tickets essentially and dysfunctional deposit/withdrawal system, it's hard to see why people still use them.

Another one scammer/fraudster bites the dust! Krymov already has a lot of financial pyramid scheme like Questra World and Forex Trend linked to him and perpetrating such acts while hiding in Europe. There is even a website Stopkrymov(in Russian language though) dedicated to combat Pavel Krymov and his fraudulent acts  Good thing the authorities finally arrested him.

I genuinely hope anyone with funds in Yobit gets them out but it makes my day when karma/and or local law enforcement catches up with scammers.

Hopefully belgium authorities go after the scumbag behind this complete scam exchange:      https://crypto-tradingmarket.com

djeezer12 owns https://crypto-tradingmarket.com

and also owns these accounts here at BCT:



acaua      https://bitcointalksearch.org/user/acaua-1187489
jmScripting https://bitcointalksearch.org/user/jmscripting-1497572


I'll give the belgium police a headstart:


General Police Center Ghent Antonius Triestlaan 12, 9000 Gent, Belgium +32 9 266 61 11




crypto-tradingmarket.comUpdated 1 second ago
DOMAIN INFORMATION
Domain:crypto-tradingmarket.com
Registrar:NameSilo, LLC
Registration Date:2018-01-21
Expiration Date:2019-01-20
Updated Date:2018-01-21
Status:clientTransferProhibited
Name Servers:ns1.qhoster.net
ns2.qhoster.net
ns3.qhoster.net
ns4.qhoster.net
REGISTRANT CONTACT
Name:Max Rollox
Street:vanbiesbroeckstraat 19
City:gent
State:ov
Postal Code:9000
Country:BE
Phone:+32.0496045878
Email:[email protected]
ADMINISTRATIVE CONTACT
Name:Max Rollox
Street:vanbiesbroeckstraat 19
City:gent
State:ov
Postal Code:9000
Country:BE
Phone:+32.0496045878
Email:[email protected]

As The Pharmacist said, no concrete evidence that this person has indeed been involved in founding the yobit (scam) company, but for sure, it would not surprise me in the slightest if he was and had a ton of experience with MLM/ponzi/scams.

Not the first time that Russia has investigated yobit, either: https://cointelegraph.com/news/cryptocurrency-exchange-yobit-investigated-in-russia-on-fraud-claims.

Yobit's having a ton of issues to sort out, complaints of yobit are growing exponentially. Don't trust me? Go to scam accusations and see for yourself, I'd say probably 10-20% of all scam reports are of or relating to yobit. Also review sites that could potentially involve sockpuppets have terrible reviews for yobit.

Whether or not this allegation is actually true, doesn't matter. All we know right now is a known scammer being arrested. We can't confirm the link between him and yobit. But one thing is for sure - if you have BTC on yobit, no matter what, try to get it out and don't look back. You'll be lucky if you can do that at an early stage.

Yobit was never an serious exchange in my opinion. Lot of scam ICO-s, bunch of worthless shitcoins and poor support. Most possibly that service will end just like Craptsy and other exchanges doing exit scam and blame hackers for that. I would not recommend to anyone sane to use that site. There is lot of better options and places to trade coins.

It's still up and running so it can't be a one man operation, unless it's on auto pilot. BTC-e just denied Vinnik was anything to do with it and carried on running after he got arrested. I'm wondering if yobit will follow in its footsteps.

Whatever happens I hope nobody loses coins held there.

LOL.  I don't know if this is true or not, but it totally would not surprise me if it is.  They've always worked for me, but I've read so many complaints on bitcointalk about how lousy their service is and how they operate in a cloud of shadiness.  Are they actually based in Russia? 

One of the things that always bugged me about them was that their business was completely non-transparent, and they seem to keep it that way on purpose--who owns the exchange, and all the other information you'd expect from a company that handles your money.  So if this is indeed the end, I do hope people can get their funds off of Yobit and that it doesn't end up like a Cryptsy or Mt. Gox.

Is this the end of yobit, or will it continue running (like btc-e)?

Moscow police arrested the rumored founder of yobit, but the exchange is still online. There's no conclusive proof yet, only rumors.

https://bitnewstoday.com/news/exchange/businessman-connected-with-yobit-arrested-in-moscow/



http://www.coinfox.info/news/8864-millions-of-nem-stolen-from-coincheck-transferred-to-russia-related-exchange-yobit