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with all these accusations and practice i strongly believe the SEC or law enforcement will probably look into them soon. IRS love this kind of money activities. so don't left much coins in there.

When an exchange is shut down by authorities (in this case SEC), is the exchange not committed to let the user payout their coin balances?

I guess you will only lose if the exchange has some financial problems.

it could that someone lose ton of money and they suing them. i'm 100% sure if SEC or law enforcement to look into this they will going to find ton of flaws and illegal activities, it don't even need to go to trial. a few words, defraud, market manipulation or even money laundering

IANAL but if an exchange was shut down by some authority, don't you think it could take months (or longer) to get any coins out? And coins that predominantly trade on that exchange may have dramatically changed in value (for better or for worse) by the time you are able to withdraw?

Has there ever been any exchange at all, shut down by some authority?

Never happened, as I do remember. They usually make a runner on their exit scamm.

1) The SEC would not likely be involved with Poloniex since they aren't involved in the sale or transfer of securities.
2) It'll be state regulators that would investigate/regulate Poloniex as an MSB/Money Transmitter if anything.
3) What laws have they broken?

This thread is shitty speculation.

first to everything.
like i said if someone lose a ton of money they have the rights to sue. chance the authority would look into this. poloniex being high flying with ton of fees collecting every days the authority soon going to sniff at them. i don't believed anyone would believe polo is playing fair.

have you moron read this;
https://bitcointalk.org/index.php?topic=1476716.msg14887042#msg14887042

if any one have the resources have the right to sue poloniex of being defraud and market manipulation and it would be right on the money
https://bitcointalk.org/index.php?topic=1473947.0

Zero evidence. Show me a trader that pays 0 fees on Poloniex, please.

that's for poloniex to prove it and show their records, not me. i'm sure there would probably another count of tax evasion on this.

That's retarded. Prove you don't work for Bitstamp, Bitfinex or another exchange. Show us your records.

Benthach the shit head cretin back again with more spurious and demented accusations.

heck with this kind of daily volume all it need is one smart IRS to crack the poloniex code and don't require much work
at this point poloniex need to file tax quarterly, if it don't add up check for tax evasion. daily volume ten and hundred millions of dollars from market manipulations, it is just a matter of time someone report this to IRS to look into this company. IRS have nothing to lost from audit this tax evasion market manipulative company.

add up all the daily volume, calculating the fees then BAM this vaporware scam ethereium and poloniex is gone. all it need is 1 smart IRS.

Is your english improving or is your mask slipping?

Yeah polo is hype now because of such volumes (mainly bots of whales) and well they will be a target (as we've seen from DDOS's and such).  who know if real SEC or Gov. will examine them.  But if they didn't have vol's they would be dead again and behind bittrex.  At least 1ex.trade is working on V2. and bring some legitemacy to exch's soon.  Just no vol's whicih sucks :(

Probably made such as an excuse, Cryptsy had an excuse before that the government has something to do with the site shutting down. Well we all know that's not true though.

Probably.  Please report them to the SEC.

Even if there is no risk of the SEC or other body shutting down Poloniex, I wouldn't recommend leaving 'much' coins in there.
Most exchanges have been hacked or had some difficulties, it wouldn't be too strange is Poloniex did too.

They are turning over a LOT at the moment. People will be trying to pick their pockets somehow.

Polo is the most recognizable exchange with the most volume after Cryptsy is gone. Unless anyone is facing problem withdrawing their bitcoin/altcoins, it would not be fair to accuse them of scam. So far, I have not heard anybody complaining that their withdrawal is delayed and the mod is always active in the trollbox.

some people accused poloniex of market manipulations. from this market manipulations would also included tax evasion, defraud and even money laundering. all it need is 1 smart ass IRS to crack. record and snap shot daily volume, calculating the fees and make sure poloniex pay the correct amount. poloniex being cooperated with the scammer(s) chance they don't pay much tax.

Pffft... K.

FUD.  Please cite specific laws being broken.  The fudders will come out strong as the btc/crypto markets are rising. 

So.... you start saying that poloniex is the next exchange, then you say there's no other one first...


@topic
I dont think we should left many coins at any exchange... not because they will go down but simple because it's safer put your money in your wallet.

Without taking into account the legal part of the question, it looks like Poloniex has a very good technology behind the scenes.

1 right now is market manipulating, this is just being planview. all it need is 1 smart IRS to record and snap shot the daily volume then calculating the fees. i'm 100% sure poloniex never pay the full tax being cooperated with the scammer(s) like etherieum team, tax evasion.

Maybe you should stfu?

Ooooh.  We're so scaaaared...  Woooo the feds are coming!  Haha.

i think it will be soon, don't be surprised

Sure it will...  Pfffft.

None of the exchanges are 100%. It's how everything is ran in crypto-world.  It's fine to speculate but it's just a known fact not to leave funds on an exchange for any length of time.  You could have determined Cryptsy was in trouble when they started raffling off hardware for Cryptsy Points.

Cryptsy had lots of problems. Non-scalable, unreliable architecture with unprofessional business activity. I worked with their API and it was absolutely clear for me.

Haters gonna hate...

Looosers gonna lose...


So whats your problem with Polo niggas?¿

A reliable exchange, fast, almost no problems, good support, good volumes, good liquidity, allowing altcoin margin...

Polo it's by far the best exchange in altcoin history, and you're telling us about market manipulation and illegal shits.

Polo works with BTC, and SEC or other legal entity cannot say a shit to Polo.

If you want to be 100% legal, go to Wall St. and get your super-overvaluated shares of the FED market (Hey, but this manipulation it's legal).

If you're here, you assume that you're in the Wild West of finance.

Don't come here with your legal bullshit, you're not welcome. ;)

Just tell the SEC, the feds, the WHOEVER to bring it on.  We ain't scared.  Bring Poloniex down now!

You n00bs just got benthached! :D Let me guess, you saw his Hero status and thought this guy might have some insight? Little do you know he is legally retarded. He lost all his money a few years ago, and has trolled ever since. I love him! He is always wrong, see his posts. He is the George Castanza of cryptos.

Most entertaining site evAAAAAAAAArr lol

i already answer again and again, this poloniex market manipulating is in planview. this practice is illegal.
when the authority check into this they should find tax evasion and even money laundering.
all customers have the rights to sue them for this manipulations

Market manipulation, tax evasion, and money laundering are three completely separate issues. The latter two would not be evident in the order books whatsoever. It's unfortunate that you don't have 2 brain cells to wrap around this concept. Maybe your attorneys can explain it to you when you file your lawsuit.

They are only homing in for communism. Capitalism is always safe, regardless of how many casualties.

I could be the case. Cryptsy was one of the most trusted exchanges on the internet, and so was bter. Both of them went scam/partially scam.

But if you think about it - you can't really trust any exchange. Just don't store your coins in an exchange for the long term, I think that's practical solution to minimise the chances of your coins disappearing. Only store them in an exchange while actually trading.

I hear you... I don't keep any coins in exchanges longer than I need to. Their trollbox is worth a laugh at least.

Since setting up www.suepoloniex.today (http://www.suepoloniex.today) we've had a flood of requests and information about;

• users transfers saying they've completed and never appearing at the other end
• site stop sell safety precautions not kicking in, causing them to lose funds
• margins dropping below 0% before auto selling, rather than 20%, causing a total loss of all funds on entire account.
• cancel orders not working, causing loss when market eventually changes
• support tickets being ignored / not being answered. Personally I had mine going for 19 days prior to setting up this site to gather info to build a case.

If you have similar experiences, PLEASE come forward.
Poloniex has only rewarded legal action in the past, we're stronger together and the only good resolution here is to stick together and present a case.

www.suepoloniex.today (http://www.suepoloniex.today)

Yes, I still believe them because the coding department is very accurate in solving the problems. Right now there are some issues like lagging and withdrawals but they overcome all these issues because they don't want to loose the reputation in the market.

Withdrawals for amounts < 0.1 (BTC) always are processed fast in my situation, withdrawals valued > 0.1 BTC sometimes are processed after 1 or 2 days!!

But it's even worse - opened margin positions when they're getting profit and this profit is really huge, very often cannot be closed by user (progress "circle" runs indefinitely or website shows 404 error page) and in oposite situation when they losing profit and are close to margin liquidation, user can close such position in almost realtime. Such sitations happens with bigger investitions (from 1-2 BTC and more) but sometimes (very rarely) also with smaller investitions.

I have some experience with IT security and programming and some suspections provided in many people opinions about poloniex may be true... because i don't believe that such big trading platform
can't resolve performances and security issues....