The BITTREX de-listing SCAM
How the scam works:
1) Remove the coin from the exchange.
2) Do not return coins to the owners.A simple but effective scam.
I have proposed many solutions to BITTREX in an attempt to stop this scam. BITTREX doesn't listen.
I do NOT want to write a formal complaint to the SEC about BITTREX on behalf of my 8 clients and myself. My goal here is to have BITTREX make a pro-active change in the way they operate.
Here are some solutions:
1) Allow users to enter a "de-listing public address" where coins will be sent to if the coin ever becomes de-listed.
if users do not have a de-listing address set,
2) Email users the private keys to their funds.
3) Show users the private keys to their de-listed coins inside the HTTPS: BITTREX account panel.I'm sure there are many other solutions as well.
Other exchanges that run this de-listing scam:
-
c-cexExchanges that do NOT participate in the de-listing scam:
-
poloniex-
cryptsyDemand more from BITTREX.
* I will give BITTREX until January 1st 2016 to either make appropriate changes to how they operate or issue a press release on this matter. If they continue to steal users coins, I will have no choice but to report them on behalf of my clients and myself.