cryptsy going full ponzi.
It's been offering that for years on end.
so did bitcoin.
anyway, withdrawals are not working and now you have to pay a 0.5 % fee for every withdrawal. "another ponzi in bitcoin world busted" in 3, 2, 1...
Half the altcoins are only listed on cryptsy. If it closes they will be worth nothing unless they can get on another exchange. Some of the worst coins have no functional network and only really exist as entries in the cryptsy database. Those will never be able to get on another exchange. However I don't know if cryptsy closing would affect the bitcoin price.