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Economy => Exchanges => Topic started by: poloshit on April 05, 2017, 03:54:28 AM



Title: Class action lawsuit for Poloniex
Post by: poloshit on April 05, 2017, 03:54:28 AM
Hundreds and possibly thousands of people have been burned in recent weeks on Poloniex.

In the past 4 weeks many people have lost thousands of dollars every time the action starts heating up on Poloniex. Many of you have been dealing with Poloniex lagging and unresponsive server issues for the past 4 weeks. It seems quite strange to me how every time there is big movements in the markets on Poloniex, their servers start acting up.

I would like to establish this thread as place for Poloniex users who have absorbed financial loss as a direct result of Poloniex lagging and unresponsive server issues.  Once we get enough people together it will force Poloniex to take its users seriously once they know its users are joining together to file a class action law suit. If we can get enough people together Poloniex will be forced to take notice and correct the issues.

Lets hear your thoughts .... if people are interested than lets discuss and determine the next steps.


Title: Re: Class action lawsuit for Poloniex
Post by: amacar2 on April 05, 2017, 09:37:10 AM
I am also experiencing lots of lag on poloniex lately but i don't know how much i have actually lost due to it. During large pump & dumps it is quite hard to manually place orders there. They need to upgrade their servers to handle very high traffic without lagging.


Title: Re: Class action lawsuit for Poloniex
Post by: Quartx on April 05, 2017, 09:41:57 AM
You just reminded me, I need to file a class action lawsuit against life for making retards exists in this world. I have to absorb the brain drain every single time nonsensical threads like this get started on bitcointalk.

Just because the server lags badly during massive pumps and dumps and you fail to join in to make profits does not make a valid reason to file a class action. Then again, if you are from certain countries, I am not amused at all, you guys file nonsense lawsuits like no one cares.


Title: Re: Class action lawsuit for Poloniex
Post by: pedrog on April 05, 2017, 10:11:42 AM
You just reminded me, I need to file a class action lawsuit against life for making retards exists in this world. I have to absorb the brain drain every single time nonsensical threads like this get started on bitcointalk.

Just because the server lags badly during massive pumps and dumps and you fail to join in to make profits does not make a valid reason to file a class action. Then again, if you are from certain countries, I am not amused at all, you guys file nonsense lawsuits like no one cares.

Great stuff.

Also, I don't think they even read the terms of service:

Quote
20. DISCLAIMER OF WARRANTEES
POLONIEX PROVIDES NO GUARANTEE AS TO THE PERFORMANCE OR THE UNINTERRUPTED AVAILABILITY OF THE SERVICES. THE SERVICES ARE PROVIDED ON AN "AS IS," "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. POLONIEX DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT WITH RESPECT TO THE SERVICES. POLONIEX DOES NOT REPRESENT OR WARRANT THAT THE SERVICES AND THE INFORMATION CONTAINED THEREIN ARE ACCURATE, COMPLETE, RELIABLE, CURRENT OR ERROR-FREE. POLONIEX WILL MAKE REASONABLE EFFORTS TO ENSURE THAT TRANSACTIONS ON THE PLATFORM ARE PROCESSED IN A TIMELY FASHION, BUT MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESEPCT TO THE AMOUNT OF TIME NEEDED TO PROCESS SUCH TRANSACTIONS. BECAUSE CRYPTOCURRENCY TRANSFERS ON AND OFF THE PLATFORM ARE DEPENDENT UPON MANY FACTORS OUTSIDE OF OUR CONTROL, POLONIEX MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE SUCCESS OF, OR THE AMOUNT OF TIME NEEDED FOR, CRYPTOCURRENCY TRANSACTIONS.

SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF IMPLIED TERMS IN CONTRACTS WITH CONSUMERS, SO SOME OR ALL OF THE DISCLAIMERS IN THIS SECTION MAY NOT APPLY TO YOU.

21. LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY LAW, POLONIEX SHALL HAVE NO LIABILITY FOR ANY DAMAGES OF ANY KIND (INCLUDING WITHOUT LIMITATION INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR TORT DAMAGES, OR LOST PROFITS) IN CONNECTION WITH YOUR USE OF THE SERVICES, EVEN IF POLONIEX HAS BEEN ADVISED OR IS AWARE OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL POLONIEX’S LIABILITY FOR MONEY DAMAGES UNDER THESE TERMS EXCEED THE AMOUNT OF FEES RECEIVED FROM YOU DURING THE PRECEDING SIX (6) MONTH PERIOD.

22. APPLICABLE LAW AND VENUE
These Terms and your use of the Services will be governed by and construed in accordance with the laws of New York, without resort to its conflict of law provisions. You agree that any action at law or in equity arising out of or relating to these Terms not subject to arbitration (as set forth below), will be filed only in the state courts of Tompkins County, New York or the Federal Courts of the Northern District of New York. You hereby irrevocably and unconditionally consent and submit to the exclusive jurisdiction of such courts over any suit, action or proceeding arising out of these Terms.

https://poloniex.com/terms/


Title: Re: Class action lawsuit for Poloniex
Post by: zahra4577 on April 05, 2017, 12:13:20 PM
Hundreds and possibly thousands of people have been burned in recent weeks on Poloniex.

In the past 4 weeks many people have lost thousands of dollars every time the action starts heating up on Poloniex. Many of you have been dealing with Poloniex lagging and unresponsive server issues for the past 4 weeks. It seems quite strange to me how every time there is big movements in the markets on Poloniex, their servers start acting up.

I would like to establish this thread as place for Poloniex users who have absorbed financial loss as a direct result of Poloniex lagging and unresponsive server issues.  Once we get enough people together it will force Poloniex to take its users seriously once they know its users are joining together to file a class action law suit. If we can get enough people together Poloniex will be forced to take notice and correct the issues.

Lets hear your thoughts .... if people are interested than lets discuss and determine the next steps.
Why not start off with sharing your own experience and suggestions?
Although I haven't used Poloniex much but for some very small transactions.
Yes their servers are too slow and sometimes it become frustrating.


Title: Re: Class action lawsuit for Poloniex
Post by: Iranus on April 05, 2017, 12:55:57 PM
A class action law suit would be stupid.  All of their actions have been 100% legal.

What you should do is consider arguing less aggressively for other exchanges, especially when other people ask for a good exchange to trade on.  Unfortunately, I still think Poloniex is the best altcoin exchange with serious trading volume (and the pumps are insane with all the bots).


Title: Re: Class action lawsuit for Poloniex
Post by: alyssa85 on April 05, 2017, 01:40:51 PM
What @pedrog said.

Their terms and conditions protect them, especially as they frequently experience DDOS attacks.

People really should spread their money across lots of exchanges. That way, even if one exchange goes down, they can still trade on the others.


Title: Re: Class action lawsuit for Poloniex
Post by: K128kevin2 on April 05, 2017, 03:38:25 PM
I've noticed that Poloniex isn't as responsive as it should be, but I don't think they're malicious.
The site must be under a ton of load with all of the trading bots, lending bots, people reading the trollbox etc. In my opinion they're doing quite a good job to keep it online at all.


Title: Re: Class action lawsuit for Poloniex
Post by: el kaka22 on April 05, 2017, 04:52:39 PM
 Seriously you think you can sue poloinex for class action lawsuit for being late? Like they have Ddos attack of organic sizes. I mean what could you even tell any judge WHY you want to sue them?

Because you couldn’t reach their website? You have to find a bad intention for them to cut your connection to their website in order for it to be even bad and even that won’t hold up in court. Jesus, some people here.


Title: Re: Class action lawsuit for Poloniex
Post by: xuan87 on April 06, 2017, 12:15:40 AM
I think filing a lawsuit for this case is not going to useful at all, you will spend useless time to do that, even if you are losing money because of the server broken you can't do anything about it and it was all written in the "term of service", if you are not satisfied with poloniex just move to another exchanger, filing a class action won't solve your problem


Title: Re: Class action lawsuit for Poloniex
Post by: stompix on April 07, 2017, 02:21:50 PM
And we should take this seriously just because a new user with only one damn post (this one) and with a nickname like poloshit said so?

How about we see some numbers about those thousands and thousands of customers and millions lost?



Title: Re: Class action lawsuit for Poloniex
Post by: NeuroticFish on April 07, 2017, 02:29:12 PM
Lets hear your thoughts .... if people are interested than lets discuss and determine the next steps.

LOL, you made my day!
Let me explain. This guy is right:

You just reminded me, I need to file a class action lawsuit against life for making retards exists in this world. I have to absorb the brain drain every single time nonsensical threads like this get started on bitcointalk.

Just I've seen the fun part of it this time.

I mean come on!
And btw, who are you? Stay around, learn, stop the nonsense, learn, get some reputation, learn and, oh, yes, learn.
Then you may have a chance.


Your post was funny.


Title: Re: Class action lawsuit for Poloniex
Post by: crazyivan on April 07, 2017, 03:03:32 PM
You have to be joking about this. Class action cause they lag???

Only in America! I suggest you get a life outside of crypto and simply change the exchange if you do not like it. Cause this attempt to discredit them will get you nowhere.


Title: Re: Class action lawsuit for Poloniex
Post by: JanpriX on April 07, 2017, 08:36:05 PM
Maybe, you should try to check yourself first and assess if you have the guts, knowledge and skills in cryptotrading before making a thread like this. Accusing Poloniex because some people lost "thousands" of dollars while their system lags is just so lame. You reminded me of those "pro gamers" who blame their mouses and keyboards when they lose a match even though the real problem is their skills. Provide some evidence and proof about the claim that you are siting and maybe, some people will take this seriously.


Title: Re: Class action lawsuit for Poloniex
Post by: but why on April 19, 2017, 02:28:07 AM
OK, I've been trading on Poloniex for quite a long time, and I'm used to making money using Poloniex, but yes, they are ripping me off!

Here's how it works: every time NXT value is rising, NXT deposits take forever. Today was the 3rd time it happened to me.

I noticed a similar thing when a NXT withdrawal could make me money, and with XRP transfers.

Meanwhile I made a BTC deposit, and it went smoothly.

Want proof?
This is my deposit: https://mynxt.info/transaction/2400609104522205574

https://s7.postimg.org/cc1zbh33v/scr1.png

Notice the number of confirmations (time zones might be confusing, but i sent it about 50 minutes ago).
And then Poloniex picked it up and processed internally (again notice the time and the number of confirmations):
https://s22.postimg.org/fj5m5e929/scr2.png

And here's what they're showing to me - false number of confirmations and they're saying it was sent only 15-17 minutes ago:
https://s30.postimg.org/bvw0rjv81/scr3.png

TL;DR:
They're holding my deposit until I can't make money on it.
And maybe, meanwhile, they sold my NXT, then bought it at a lower rate and made profit. Same for others.
When I can finally use my deposits, NXT will be low again.

Collaboration between the exchange and the pumpers, as said elsewhere.

Sorry to ruin your mood, but it's real.

Bonus: I couldn't write in their trollbox after I commented about NXT deposits, then wrote something else and it appeared, then mentioned NXT deposits again and I can't write again. No ban. The text just doesn't show to others.


Title: Re: Class action lawsuit for Poloniex
Post by: Quartx on April 19, 2017, 09:23:17 AM
SNIP

For all that I read, you could always start your own thread possibly getting more attention rather than thread crashing an old irrelevant thread.

Poloniex only adds deposits to your poloniex balance the moment your transaction in said cryptocurrency has been confirmed. Be it a shitcoin, bitcoin or nxt, it all depends on the particular blockchain.

How about next time I drink beer and it tastes horrible, I blame it on your for drinking beer somewhere else in another part of the world before? Exactly, it makes no sense. Blame the nxt blockchain in slow confirmations, not the exchange.


Title: Re: Class action lawsuit for Poloniex
Post by: Arcteryx on April 19, 2017, 02:20:32 PM
Don't use Poloniex from what I am getting from all this mess they are in with this thread.
I am looking for an exchange for the last 2 months and was going to go with them but now Bittrex is looking more inviting when seeing news like this being shown to the general audience of potential clients of their for doing any future business with them.
So should make the switch over to looking into joining Bittrex would be the more wise decision now?


Title: Re: Class action lawsuit for Poloniex
Post by: yeasur on April 19, 2017, 11:50:50 PM
I bought XRP at .00006598 using margin lending then after that XRP start dropping down fast. I tried  to close my position fast but it lag and my transaction attempt fail then sever went down, I got back on and my margin got liquidated. I couldn't  sell or close every time I tried to do so my transaction would lag then failed at that moment. what a terrible  experience it was to see most all my funds lost like that and I couldn't do nothing about it.


Title: Re: Class action lawsuit for Poloniex
Post by: but why on April 20, 2017, 02:52:43 AM
SNIP

For all that I read, you could always start your own thread possibly getting more attention rather than thread crashing an old irrelevant thread.

Poloniex only adds deposits to your poloniex balance the moment your transaction in said cryptocurrency has been confirmed. Be it a shitcoin, bitcoin or nxt, it all depends on the particular blockchain.

How about next time I drink beer and it tastes horrible, I blame it on your for drinking beer somewhere else in another part of the world before? Exactly, it makes no sense. Blame the nxt blockchain in slow confirmations, not the exchange.

Poloniex is showing a FALSE number of confirmations, lower than the real number of confirmations at that point.

I realize that a deposit needs a certain number of confirmations. Now please notice what I pointed out in my post earlier: after my deposit got x confirmations and a subsequent transaction by Poloniex moving my coins to another address got y confirmations, Poloniex was showing z confirmations, z<x and z<y.

My deposit had 44 confirmations, the transaction they made using it had 21 confirmations, and AFTER that and after refreshing they said I have only 8 confirmations.

Clear enough?


Title: Re: Class action lawsuit for Poloniex
Post by: Quartx on April 20, 2017, 07:36:45 AM
Cool story

Cool story butwhy , it would have been a nice story, if only your timestamp for the 8 confirmations from poloniex happened after the screenshot from the block explorer with 44 cfms which was 27 minutes after the 8 cfms from poloniex.

You want to take a screenshot, at least take the same time to proof polo is lying, from your screens, you are the liar. ROFL


Title: Re: Class action lawsuit for Poloniex
Post by: but why on April 21, 2017, 05:10:11 AM
Cool story

Cool story butwhy , it would have been a nice story, if only your timestamp for the 8 confirmations from poloniex happened after the screenshot from the block explorer with 44 cfms which was 27 minutes after the 8 cfms from poloniex.

You want to take a screenshot, at least take the same time to proof polo is lying, from your screens, you are the liar. ROFL

To start with, the timestamps on all three screens are NOT when the screenshot was made, but when the TRANSACTION was made. They don't change with time:
https://s30.postimg.org/bvw0rjv81/scr3.png
https://s9.postimg.org/5v26rye0v/scr4.png


Quartx, ever heard of time zones? I don't mean to be rude, but think for a moment. The first screen shows the transaction was initiated at 02:30. Then Poloniex processed it with a transaction with id: 5331919234303403334, at 02:58.

Now look at the last screen. It shows 02:06 as the time of the deposit. But it's a different time zone, it would be 03:06 using the same time zone as the previous screens.

Let's say I'm lying, and all the times are given for the same time zone. Then why would Poloniex be showing my deposit time as 02:06? My deposit didn't even exist then, it was made at 02:30.

Poloniex shows wrong deposit time for a reason. They are not claiming that I made my deposit EARLIER than I actually made it. They are claiming I made it LATER than I actually made it.

They are:
1) claiming that my deposit was transaction with id: 5331919234303403334. In fact, it's the transaction with which they processed my deposit, not the original deposit
2) claiming that transaction with id 5331919234303403334 was made at 02:06 (or 03:06 my time zone).
In fact, it was made at 02:58 my time zone. Use mynxt.info block explorer to verify that:
https://mynxt.info/transaction/5331919234303403334


Title: Re: Class action lawsuit for Poloniex
Post by: dbc23 on May 08, 2017, 12:03:41 AM
The lag is VERY real, but I'm sure is combination of bots/DDoS/Heavy usage during major sells.  That said I was VERY miffed yesterday on a margin trade.  I had over 60% margin on a Factom sell RIGHT before a big drop.  Walked away for 10 minutes, came back and it had auto-closed with no explanation or message literally seconds before the drop where I would've made a killing.

My only guess that makes sense is there was a brief (very very short) mega-pump seconds before the drop, which would only occur or be coordinated for the purposes of shedding margin traders who didn't have a MASSIVE reserve in their margins.  There's no other technical reason I can see for it to have closed outside of technical malfunction/malfeasance.

Definitely wasn't make or break, but I've certainly been transitioning most of my assets out of Polo because of this and some other oddness I've seen there for the last month+.

They can't be beat for liquidity, but I can't imagine they're not complicit to some extent in market manipulation.


Title: Re: Class action lawsuit for Poloniex
Post by: findingthemoon on May 08, 2017, 12:09:17 AM
Definitely wasn't make or break, but I've certainly been transitioning most of my assets out of Polo because of this and some other oddness I've seen there for the last month+.

They can't be beat for liquidity, but I can't imagine they're not complicit to some extent in market manipulation.

I personally don't believe they are complicit in market manipulation, I think they are just a victim of their own success. However your reaction is the right one in my opinion and OP's wanting to sue them when they haven't done anything illegal is wrong. If you are unsatisfied with Polo transition your assets to another exchange, then they will either have to adapt and become better or another exchange will. As for liquidity even though Polo is the best there are certainly good options available depending on the asset.


Title: Re: Class action lawsuit for Poloniex
Post by: roland808 on May 08, 2017, 03:35:39 PM
Its worrying that with all the money they must have coming in they still cant find the funds to do a server upgrade.


Title: Re: Class action lawsuit for Poloniex
Post by: dissident on May 08, 2017, 05:04:28 PM
Its worrying that with all the money they must have coming in they still cant find the funds to do a server upgrade.

Not as easy as people make it seem.. think about newegg or amazon on black friday....  even the best services can get overwhelmed and the increase in volume has been relatively new and it takes time to upgrade servers.   Many people miss good deals on black friday because sites crash.. it's the risk you take investing in what I would dub the "wild west" of the investing world.


Title: Re: Class action lawsuit for Poloniex
Post by: gluedog on May 08, 2017, 10:45:41 PM
Not to mention the fact that many people can't withdraw ANYTHING from their accounts..


Title: Re: Class action lawsuit for Poloniex
Post by: CPlusConcepts on May 08, 2017, 11:52:18 PM
How's this for strange.

I somehow have an open margin long position in XRP @ .00021461? The price never came near that, nor spiked to that price point, yet here I am with this open position I did not order, that is obviously at a huge loss because the price only ever made it around .00014.

So tell me: How exactly would an open position fulfill at a price that never even spiked to that price point? I'm sitting looking at a loss and lending fees that just keep adding up for an order I didn't make, and obviously would never make, why the hell would I buy something that's 1.5x the recent ATH? I wouldn't, but yet here I am slowly losing money over it, if I close it out Ill lose hundreds of dollars. I contacted support, but wont cross my fingers that they respond.

Polo is turning into Cryptsy.

Patterson Law Firm in FL has been put on retainer and are investigating claims against Poloniex for fraud. You can contact Alexander Passo @ apasso@pattersonlawfirm.com if you've been dealing with any issues. Poloniex's terms of service are not enforceable in court, regardless of how much they want you to think they are.


Title: Re: Class action lawsuit for Poloniex
Post by: The One on May 11, 2017, 04:23:36 AM
This thread makes me laugh.

Only poor losers want to start a class action. (Mr and Mrs Sue America for anything)


Title: Re: Class action lawsuit for Poloniex
Post by: Abcederian on May 11, 2017, 06:00:51 AM
They have stopped serving Washington residents. I had until the 2nd of June to close my margin positions. I did so last friday. I was instantly locked out of my account and forced to file a ticket to have my funds transferred out. I haven't heard a thing. The moderators are ignorant or flat out lying when they say it will be 24-48 hours for an answer to a ticket.

Oh yeah I got massacred the first time xrp went to 7050 and the shit hit the fan.

Think I might fall into the class seeking some form of restitution even if it is only threefitty.

And who are the people behind Polo and where are they?


Title: Re: Class action lawsuit for Poloniex
Post by: Seanzqt on May 12, 2017, 12:24:22 PM
Same crap tonight, can't trade at all.


Title: Re: Class action lawsuit for Poloniex
Post by: ironman80 on May 12, 2017, 11:01:04 PM
This thread makes me laugh.

Only poor losers want to start a class action. (Mr and Mrs Sue America for anything)

That is because you are never burned from crypto exchange like some people are (And I hope you will not be burned at all!)...But believe me,it is not nice expirience to lose hard earned bitcoins


Title: Re: Class action lawsuit for Poloniex
Post by: Bfljosh on May 13, 2017, 03:59:38 PM
Get them guys!


Title: Re: Class action lawsuit for Poloniex
Post by: txtrader on May 16, 2017, 03:27:52 PM

Definitely wasn't make or break, but I've certainly been transitioning most of my assets out of Polo because of this and some other oddness I've seen there for the last month+.

They can't be beat for liquidity, but I can't imagine they're not complicit to some extent in market manipulation.

May I ask what exchange you are transitioning to?

I have used Poloniex for the past couple of months. Only had a few issues until this week where it now seems like the lagging is affecting trade in many altcoins. Have a little on Bittrex which seems to be working good. I don't want to get into exchange hopping but I probably should spread across more exchanges.


Title: Re: Class action lawsuit for Poloniex
Post by: espante on May 16, 2017, 03:32:29 PM

Definitely wasn't make or break, but I've certainly been transitioning most of my assets out of Polo because of this and some other oddness I've seen there for the last month+.

They can't be beat for liquidity, but I can't imagine they're not complicit to some extent in market manipulation.

May I ask what exchange you are transitioning to?

I have used Poloniex for the past couple of months. Only had a few issues until this week where it now seems like the lagging is affecting trade in many altcoins. Have a little on Bittrex which seems to be working good. I don't want to get into exchange hopping but I probably should spread across more exchanges.

Yeah I've never had any major issues with polo other than the odd few minutes of lag. I mean even now its not that bad but I guess when you are margin trading it can make or break you.

As for the class action suit ultimately it will fail, its part of their terms that they can't be held responsible for lag and its not like they physically stole any money from anyone. So unless the allegations of insider trading can be proven no one will get anything back.


Title: Re: Class action lawsuit for Poloniex
Post by: bitChipper on May 18, 2017, 10:13:35 PM
Ive used polo for years and its never been this bad. I dont feel sorry at all for anyone trading on margin that lost, its yalls fault for such risky trading.

My beef is with them letting withdrawals sit in "awaiting approval" mode for days and doing nothing about it....basically holding peoples coins hostage because of their lack of support.


Title: Re: Class action lawsuit for Poloniex
Post by: USBitcoinServices.Com on May 19, 2017, 01:39:12 AM
How about start using decentralized services like bitsquares, bitshares.openledger.info etc?


Title: Re: Class action lawsuit for Poloniex
Post by: shoutingorange on May 21, 2017, 03:03:35 AM
I had a "stop loss failure" of 25BTC during the "DDOS". I work in information security I'm not buying DDOS attack for a second. I'm not buying that statement they released about growth, etc either. It's filled with buzz words and bullshit. It was probably written during the DDOS in wonderland.

I talked to an attorney yesterday. They're privately investigating a certain date range now to determine if they can start a civil suit against poloniex. They were quick to respond and eager to get as much information as possible. They're interested in both trading details and interaction with Poloniex's technical support. They sounded more interested in the ladder which I found interesting at first. It's making more sense now since their support has failed to respond to my request since I opened it 8 days ago. I started to post the attorney's info into the "trollbox" today. I was banned from posting no warning either. The moderator usually announces it when they ban someone and state for how long. I was silently banned which is just another strange occurrence.

Losing that amount of money with no explanation is obviously infuriating. Believe it or not the fact that they're giving crypto and more importantly blockchain a bad name pisses me off even more. They have no business playing in the decentralized playground. They define everything that's wrong with centrally governed institutions. If you're in the business of screwing people go hang out in the playground on wall st.

Below is the law firms contact info. As I said they were quick to respond. I originally sent a message to the info address. I have a contact there now. I don't want to give out that info without asking. I'll ask them tomorrow how they'd like the word to be spread.

BERNS WEISS LLP https://www.law111.com/ info@law111.com

This firm has a dedicated team they formed in 2013 that works specifically in crypto and blockchain technology. I didn't know that at first. I think I read they're helping coinbase with their IRS subpoena for personal records.

I also contacted freshdesk.com their outsourced support provided. I explained how terrible Poloniex's support is and and it's one of the main reason I won't be using the site anymore.


Title: Re: Class action lawsuit for Poloniex
Post by: marketone on May 21, 2017, 07:03:18 AM
I am also experiencing lots of lag on poloniex lately but i don't know how much i have actually lost due to it. During large pump & dumps it is quite hard to manually place orders there. They need to upgrade their servers to handle very high traffic without lagging.

Still, I am facing little bit problems with poloniex because due to growth in the market daily there are many people trading makes the site lagging while placing the order. So they need to upgrade servers to make it more comfortable for the people.


Title: Re: Class action lawsuit for Poloniex
Post by: EpicBlockchain on July 13, 2017, 12:13:18 AM
To whom this may concern,

I'd start making the assumption that whatever Poloniex is currently doing, it's likely an exit scam like you mention. They've been holding a pending withdrawal of mine hostage for nearly 1.5 weeks. See the link below. This hasn't been approved despite the Poloniex customer policy of manually approving within 24 hours.

Here's a link that demonstrates my transaction detail:
https://www.evernote.com/l/ArPjtTQYU1NEj4zdVkudaZ3jkO0SrcaDYwg

Here's the link that demonstrates that Poloniex is a complete lie:
https://poloniex.freshdesk.com/support/solutions/articles/1000244844-my-withdrawal-is-awaiting-approval

Unfortunately, there's no support and when the team does finally reach you, they don't discuss the topic at hand, rather, they direct you to the resources section on support that doesn't help at all...

MR

http://[Suspicious link removed]/the_poloniex_scam
https://www.sec.gov/Archives/edgar/data/1671423/000167142316000001/xslFormDX01/primary_doc.xml
https://www.linkedin.com/in/abandich/