Bitcoin Forum

Seeing as Cryptsy is clearly hurting many coin communities here by frivolously adding coins then not supporting them correctly, refusing to suspend new registrations when they are overwhelmed with registrations, allowing coins to go missing from customer accounts, blatantly lying to customers, and trapping people in their exchange for weeks or longer, I would like to help organize group action against Cryptsy to put pressure on them to resolve these issues in manner that doesn't result in the user base suffering while they profit. I have personally had coins trapped there for a half of a month as of today, and I know there are many others suffering from Cryptsy's negligence. They are only doing this because NO ONE IS PUSHING BACK. Let Cryptsy know playing with your money isn't a game they want to play.

Possible plans:
-Group protests at their HQ
-Social media campaigns exposing their negligence (like done with BFL)
-Class action lawsuits

This makes my decision to not sign up easy. Thanks

There was a time when I enjoyed Cryptsy but they have exhibited a clear pattern of negligence when dealing with its user base which indicates to me they are wiling to exploit the community the the point that we tolerate it. The only way to counter this kind of slow encroachment is to actively let them know you will not tolerate this level of risk in using their service. I think they also underestimate how quickly trust is lost in this community, and by the time they realize it all of us will be paying for it.

 ;D

Cryptsy will be obsolete soon.  Open-Transactions will solve this problem.

Check it out:
http://www.reddit.com/r/Bitcoin/comments/1tqepn/new_opentransactions_videos_of_new_desktop_app/

Within minutes of making this post I was put in contact with Mullick who quickly found a solution to the confirmation email problem (though we don't know the cause). Making a new email on the same host fixed it, but this required manual intervention from trusted staff. I don't imagine everyone has the same option in cases like this. Squeaky wheel gets the grease I guess... now only of there weren't a bunch of coins locked up...

OK, I've had my share of issues with them as well.  And, for me, the lack of response gets the worst parts of my mind thinking bad thoughts.  So, I'm very glad to hear something went well.

I'm still quite skeptical (the bad parts of my brain) - but I"m glad to see action.

Been waiting 5 days for my 8.5 million IFC withdrawal (still pending), this was the response I was given

"We apologize for the delay in response to your ticket. IFC is currently experiencing a problem with the chain and will be repaired soon. Please be patient as we repair the issue and get your withdraw moving to you. Please let us know when your withdrawal has gone thru."

Even though I tested a really small withdrawal an hour after the first and it worked perfectly,so the problem is clearly not with the chain.

I was told this also which doesn't make any sense, "We apologize for the delay. Yes, large amount takes longer than withdrawals with smaller amounts (999999 or less)"

Ticket #77161

Cryptsy support has been pretty bad lately. Ever since they gave up their IRC Support, they have been taking a turn for the worse.

I now have several tickets open for deposits that have been delayed for over 6 days at present. I got a canned response from "Jim", and replied back re-giving him the info he requested (it was in the original ticket).

Nothing since.. This was 3 days ago. I've bumped the ticket, I've tweeted @cryptsy, nothing I do gets a response.

Absurd.

I think the biggest problem is that cryptsy has hardly any comp. THIS IS THE WORST THING EVER. Why? Think of it like your telephone company or cable company... they realize you have no other options, so you either suck it up and deal with the crap service or you dont have it. The same is with cryptsy, no comp, you want to trade alts ... guess what... no other options.

I hope Crpytsy goes under. Terrible service and hundreds of complaints of lost, delayed funds.

I don't think a protest would change anything but a brute force social media campaign might, including creating a few dozen tickets per person on their support page.

Would be great if someone from Cryptsy would please look at support ticket #80321 - Been 24 hours since submission and still unable to login due to 2FA being somehow enabled. Problem is that I never supplied a mobile number to receive the Auth code it is asking me to enter on the login page.

Am losing hundreds of dollars by not being able to login and trade and that means Cryptsy is also losing money from my transaction fees.

Would be extremely grateful if you guys could sort this out - have supplied answers to the secret questions on the ticket to help speed things up.

Thanks!

Or maybe they enabled it on purpose and stole all your coins!

They holding my coins since 22nd, bunch of fking non-responding cowards.

I was one to get screwed over cryptsy last month when their servers glitched over the Quark overload, I've sent Bitjohn numerous requests and other mails to which I got an automated response and they have not solved my issue. The overall result was over negative .2 BTC and -100 WDC which I had to repay on top of the depreciation of Quarks had. I was patient for over a week until I gave up hope. My original ticket said "resolved" and I can't find the original claim but here is what I left BitJohn in the other thread "cryptsy stealing money", to which of course I got no response...

@BitJohn I can say your support is terrible on cryptsy, and at one of the most critical times where people have been stiffed, including myself. What can you say to the fact that many people have lost money due to your server negligence, system delays, balance issues? Was it my fault that I placed an order at night and somehow it got doubled, and I could not cancel and was left with negative balances that I had to pay out of my own pocket? Is that fair, no. I almost sought out legal aid because despite your server crashes and system malfunctions it is not my fault as a trader to bear crytpsy's faults. Yeah for those two weeks what did I get? Automated messages telling me to audit my account (which did not work) and my account unable to trade for a portion of that which made me go crazy thinking I've been scammed, which technically I did. Cryptsy must really be enjoying their profits, as I'm sure their system is running a lot better.

I agree with this. I've been burned trying to do any arb involving their exchange because deposits and withdrawls take forever, and any time I want to use it, deposits are broken, or withdrawls aren't working. That, or their useless fucking trading engine is showing sell orders far below the current buy price, or I have to tell it 10 fucking times to trade something before it actually goes through, then it buys it %10 higher than what I even set the price at.

The only thing they have going for them in my eyes is the fact that they have always eventually credited my account what was owed, even if I didn't miss it.

Thanks for starting this thread, this is a huge eye opener for anyone new starting out..

well as i say never store a hugh amount of coins in online exchance websites,
i dont say i do not trust them but incase of this you would loose to muts coins


pay fee for transactions ok but a 2,5 % or 1,5 % fee for transactions is alot then wen you want to withdraw coins you get if <0.1 no withdraw becouse they dont win on your coins .....


there should be no limits to withdraws at leat you can pay fee for that : no Limits !!

We are talking about trading, not storing. Why would you store coins in online exchange?

The bitcoin forums is probably not the best place to actually take action.
I've never had a problem with Cryptsy.  But then again I've never needed to deal with their customer service department.

Accoriding to occ.gov they're registered as a money transmitter, I can't find anything showing they are registered as a broker/dealer though which is something that I assume would be nessecary for them to operate an exchange.  The best bet is to file a report directly with Fincen, explain that they are a money transmitter and they are failing to actually transmit money.  You could also complain to the SEC and mention that the site seems to indicate that they are a broker/dealer but they are failing to execute their responsibilties or are acting with malfeasance.  I'm not sure what the SEC could really do here if they aren't registered, but it's something I would do in a similar situation.

Finally florida has their own financial regulation office.  http://www.flofr.com/  looks like they have a division to deal with securities dealers and another to deal with money transmitters, not sure which would actually apply here, but it couldn't hurt to give them a call at (850) 487-9687 and ask them under what license Project Investors Inc DBA Cryptsy is operating under and who the dispute arbitration body is.  Then file a dispute there.

Again I've personally transacted hundred of thousands of DOGEs and other altcoins through there on autosale from a pool I was mining at and never had more than a 24hr delay.
I've been mining on multipool.us with auto payouts going to cryptsy and then autosales from cryptsy into BTC.  Perhaps a few hundred dollars worth in total and never had more than a 24hr delay.

Still it might be good for someone to do some digging and if you have a problem those are the right places to take action, I think.

So that when you need them they cannot be withdrawn and get stolen. That's the sort of people from which Cryptsy profits from.

taking actions to shut down another exchange doesnt seem all that beneficial to the community.  Maybe instead some ideas on what steps they need to take to solve their current issues and some possible workaround for them that they havent come up with.  In an ideal world of course this shouldnt be necessary but keep in mind how undeveloped this community/ network still is.  We need to build not destroy.

Change exchange if you don't like cryptsy.

This is for the sake of the community, not for personal gain. I see you are a selfish money-grabbing bastard. Now go away.

How to change when they are holding our money, son.

I completely agree. Currently the altcoin community is fairly dependent on Cryptsy and shutting them down or entangling them with regulators is probably not a good first step. They know we need them right now and are counting on it, otherwise no one would tolerate this service.  I think with coordinated community pressure we can achieve the same effect without further putting the community at risk. Again my goal here is not to harm Cryptsy but to put pressure on them to improve the way their user base is treated, and improve the reliability of their servers and related systems.

This is the kind of thing that will hurt alt-crypto. If large companies like this thrive, crypto is going to continue to look like a criminals currency. I think one of the best ways to get the message through to these people and speak with your dollars, do not give them return business.

My best wishes to those that have their money tied up with them.

At least they can admit that they have withdrawal problems and post it on their dashboard, instead of ignoring every attempt for communication.
They are holding hundred of thousands of dollars worth Infinitecoin's, which is hurting the coin value and holding the coin prospect.

I can understand peoples frustration with Cryptsy but I don't think the negligence is intentional.

I use Cryptsy and stick with 'proper' coins, BTC, LTC, PPC etc and have never had any real issues over the past 3 months.

That's condescending.

...which means to talk down to people.

Yep. It's like he is accusing us and saying it's our own fault.

I think i understand you. Your mind is limited to brands and you have no idea what is going on around you. You have never taken a risk in your life and
you brain is washed to work by the book.
So, your opinion does not matter to any reasonable mind, and you are wasting your time with posts. My suggestion to you is to disconnect your internet
and never look back, but if you start replaying again.... good luck.

Yeah I can't wait until a better exchange than cryptsy is available!!

I would also suggest he reconsider about life. He needs to think about how he takes his choices.

Accountablility builds character and trust.

I'll let you decide how this applies to the matters at hand.

https://bitcointalk.org/index.php?topic=310335.0

http://img.techpowerup.org/140201/jd3.jpg

I'm pretty done with them too. As soon as my withdrawals are complete (if ever) I'm jumping ship.

Glad that I have found this forum, as I am currently experiencing the same issue. I currently have three withdrawals on pending status. in the past, I have asked for a cancellation of withdrawal ; due to the wait. cancellation requests went through with in minutes to hours. it is not even a large withdrawal, just  few btc. something tells  the bitcoins are not in house, the alt coins are to keep everything at flow. I cannot think of another reason why they would delay the withdrawal process? unless they didn't have it, jp Morgan didn't have either...

 This is the problem, "cant audit the feds", cant audit a exchange, how do we know they didn't cook the books, gambled it away, flipping it. the alt coins are a way to keep the player in house, more table games, cant leave the house. what good are alt coins if one cannot cash out? and we are told to hush up? work with them?, how is this wreckless behavior tolerated? I cannot imagine having my coins on pending stats for weeks, I would have have contacted the Florida attorney general by now, they are a licensed business in the United states.

I am sure there are many more with the same issue, I am going to wait days on in, thats is just nuts, and "No sorry" I will Not hush up, for these alt coins, I do not care is I have a "newbie" star behind my name or you are a "5 star forum general" its a peer to peer , based on trust system. once that trust is broken, altcoins or bitcoins will go down the drain, the ripple effect will be huge. I don't think any of us wants that.

lets hope cryptsy does the right thing.

please everyone and anyone, don't be afraid to speak up. it is your right, it is your money. the amount is irreverent.



"Be the change you want to see in the world"

I registered a long time ago but just made my first deposit and trying to trade... this exchange is a nightmare, I'll try to complete my trade and never go back.

Chuck Norris says dont listen to this fool!

THEY JUST SCREWED A BUNCH OF US BY FREEZING OUR DEPOSITS

PLEASE READ:

https://bitcointalk.org/index.php?topic=449762.0

Hello guys and girls,


i like to say somethings about this behavior here :


the major problem with you guys is that you transfer to muts totals of coins to echange websites leaving to muts coins at those exchance site

dont get me wrong here but mostly this behavior is like you are to "greedy" , i hardly recommend you to send/transfer not to muts of your coins,

my behavior is i deposit small amounts ( sample 5000 coins ) trade them and send it back home, i want to have control of my own coins, oke you have transfer cost but that I earn back with trade. so can you , rule number one : buy at low rate, sell at high rate .

Always keep in mind that if you transfer your coins to an other site/echance or what ever website wallet, you are depending on trust them,
in a world like this it is sadly as it is but do not trust anybody in this way /matter with your hard urned " money" coins !

this is a good advice and its totaly free, and if you follow this advice fine, good, excelent, if you dont also good fine and excelent.


it hurts me that this kind of things happend to people,


and if you feel this whas a bit helpful in future trading feel free to donate som coins at my project, link in my signature, thats all

same shit cryptsy this is last trade with this fuckers

After 8 hours i still have VTC pending approvals

Crapsy is almost as slow as my local bank !!

Some people are also reporting that they had their VTC stolen. 

If this spirals out of control, I'm going to consider taking legal action against them.

it seems that they holding back for long time transfers to be adden you your / our wallets !

and the web is verry verry slow atm,

i think " he" wants to have the first big bang profits from this coin

-Group protests at their HQ

^^^^^^^^^^^^^^^OCCUPY CRYPTSY!!! (WHOS WITH ME?LOL)

;-)

haaaa

Definitely move to a different exchange if you don't like cryptsy.  Try https://www.Atomic-Trade.com (https://www.Atomic-Trade.com?refid=WI2FBRV6)

Vote with your Feet!

This does not mean we should let them get away with things.

Question : Why was Cryptsy so tolerant of that stanky hobo, his spam and abusive behaviour ?
Answer : HE IS ON STAFF !

If the phishy hobo won't hold himself accountable over a 0.14 BTC fundraiser, what makes you think things will be any different when it comes to the clients ?

https://bitcointalk.org/index.php?topic=310335.0
http://img.techpowerup.org/140208/jd3.jpg

I've personally never had a problem with them but I know countless others have and as a heavy user I fear I one day will too. In support of some action.

Ha ha

Good initiative on the thread,

i'm gonna repeat as much as i can here, but i've already stated my problem in tons of threads since it first happened one night on december 14th 2013.
I have since been in communication with dozens of members of their staff who give less of a shit one after the other

cryptsy stole 740 xpm from me, >800 from Sang, more from other people i have listed, totalling over 10 000$ at the time (of those i can directly verify)

They had a race condition bug in their trade engine which i documented an explained to their incompetent and arrogant devs, who couldn't give a rats ass.

my 740xpm suddenly halfed, then went to a negative value at the end of the night, after some steady trading. We must ALL work together to promote negative publicity campaigns AGAINST cryptsy. There's not much else i can think of, i've been too busy to go down to florida and file a formal complaint, but i may soon be able to and i will. hopefully backed with people who had the same problem.

Time to make this retard idiots from Cryptsy start doing their jobs.
File a complain here and post this link on as many threads about Cryptsy as you can:

http://www.bbb.org/south-east-florida/business-reviews/business-trade-organizations/cryptsy-in-delray-beach-fl-90098747/file-a-complaint

My recent conversation with cryptsy.

ME

What is happening with IFC withdrawals? This is starting to look like market manipulation, which I'm quite sure is illegal.

You have had ample time to fix this but you continue to lock up IFC so members cannot move there coins out of your exchange.

These actions a stifling IFC's development in the US, telling us your working the issue is of little comfort as our Devs could fix this very quickly, so why can't yours?

Please give me an explanation of substance and not the standard line.

Thank you.

Hello name removed,

The IFC withdrawals are very delayed. We advice users to keep there withdrawals to a maximum of 999,999 IFC. I can cancel them for you and you can re-do the process.

Sincerely,
Braeden
Cryptsy.com

Me

That is not what I'm asking you. How come our IFC devs can fix this problem and yours can't? How come every other exchange doesn't have these problems?

One of the last times I cancelled an order 100K IFC went missing, and your team said they have no way to check and see why. I'm taking screen shots now.

I have now been waiting 40 minutes for my 999 999IFC withdrawal and nothing! Seems like more lies. EDIT I'm still waiting

Financial business law may be needed, then some legal advice. Perhaps a class action is needed.

Hello Name removed,

The reason we are having so many issues with our IFC withdrawals is transactions spam. We have listed IFC longer than any other exchange and our wallet has seen a great deal of traffic. The developers have fixed the issues and it should not happen in the future. But it will take time to repair the old wallet and complete the switch to the new one. We thank you for your patience and assure you no "manipulation" of any sort is taking place

Mullick
Technical Support Manager (Tier 2)

Me

How long? Days? Weeks? longer?

Me

Can you please forward me a copy of your withdrawal policy?

Thanks

No reply!

Overview: It appears cryptsy are in breach of several consumer rights laws specifically with regard to providing false information to customers. There is also the issue of the theft of the 100K IFC when I cancelled one of my withdrawals, of which they claim to have no way to check. There is also suspicion of market manipulation and breaches of commodity transfer legislation. Members who have similar messages from cryptsy are asked to come forward as we will now be looking at our legal options.

Thank you!

JC

Florida Law

501.203  Definitions
(3)  "Violation of this part" means any violation of this act or the rules adopted under this act and may be based upon any of the following as of July 1, 2001:
(a)  Any rules promulgated pursuant to the Federal Trade Commission Act, 15 U.S.C. ss. 41 et seq.;

(b)  The standards of unfairness and deception set forth and interpreted by the Federal Trade Commission or the federal courts;

(c)  Any law, statute, rule, regulation, or ordinance which proscribes unfair methods of competition, or unfair, deceptive, or unconscionable acts or practices.

501.204  Unlawful acts and practices.--

(1)  Unfair methods of competition, unconscionable acts or practices, and unfair or deceptive acts or practices in the conduct of any trade or commerce are hereby declared unlawful.

(2)  It is the intent of the Legislature that, in construing subsection (1), due consideration and great weight shall be given to the interpretations of the Federal Trade Commission and the federal courts relating to s. 5(a)(1) of the Federal Trade Commission Act, 15 U.S.C. s. 45(a)(1) as of July 1, 2001.

US Federal law

Citation: Section 5 of the Federal Trade Commission Act (FTC Act), Ch. 311, §5, 38 Stat. 719, codified at 15 U.S.C. §45(a).

Deceptive acts or practices

An act or practice is deceptive if it involves a representation, omission, or practice that is likely to mislead consumers acting reasonably under the circumstances, and the representation, omission, or practice is material.[2]

The FTC Policy Statement on Deception[3] states that the Commission analyzes deceptive business practices under the following rubric:

    There must be a representation, omission or practice that is likely to mislead the consumer. This includes the "use of bait and switch techniques."[4]
    The practice is examined from the perspective of a reasonable person in the circumstances. If the practice "is directed primarily to a particular group," such as Internet users, "the Commission examines reasonableness from the perspective of that group."[5]
    The representation, omission or practice must be a material one, i.e., it is likely to affect the consumer's conduct or decision regarding the produce or service.[6]

Thus, an advertisement is deceptive if it includes material information that is false or that is likely to mislead a consumer acting reasonably under the circumstances. Likewise, an advertisement is deceptive if it omits material information, and that omission is likely to mislead a consumer acting reasonably under the circumstances.[7] Requiring accurate disclosure of material terms allows consumers to compare similar services offered by one or multiple providers and weigh the different terms being offered in making decisions about what services to purchase.

The FTC has taken action against websites for violating their own privacy policies as a deceptive trade practice.

The Commission has used its Section 5 powers to pursue deception claims against online companies for a variety of Internet-related claims unrelated to a violation of published privacy policies.

Dear Cryptsy,

I've tried. 
I've tried a few times, in fact, to get over your issues.  But today... today is the last day of our acquaintance.  We are in an unhealthy relationship, and I need to move on. 

I suppose the truth is, we're like a couple breaking up after we have already moved in together.  We need to go through our things, you take your stuff... I take mine.

So, please, let me have my IFC... you don't know how to handle them.  Your artificial limits on transfers is offensive and tiring.

Please... let me go. 

I like open transactions, but I really don't care to go after cryptsy because every website has similar problems. It looks as if cryptsy has been good for the most part aside from the issues of lag here and there. I am up for a good discussion about this.

You are... too bad BitJohn isn't...

The ANN thread has been locked.

https://bitcointalk.org/index.php?topic=246679.0

I am officially no longer holding any coins in Cryptsy and I wont be returning. I recommend Infinitecoin users do the same, if not all coin holders. I have heard this song before. Their behavior is an indication of their intent and it just goes down hill from here.

I've been trading on mintpal since they started and I am watching them progressively better. I love their trading engine its quite responsive.

By the way, I have been trading on crypsty for about a year and i enjoyed it very much but new problems just keep stacking up with no apparent response. my first thought was "hey, its like the best exchange out there, theyll get on that shit and get it working." Then a few months go by and nothing happens. They let coin after coin continue on a broken chain while the devs have fixed wallets available.

And now so many users have negative balances and cant withdraw anything because they asked everyone to withdraw their CENT on what appears to be the old chain

Worrying recent developments mirrored here

Hope they get their act together soon as the community really needs the service to fire

Are you able to withdraw NXT from Craptsy?
I have 3 "processed" withdrawals from 48 hours but i never actually received any NXT.
I've also tried to contact the support but they are ignoring me.
Should i get worried?

I wonder why these stupid people keep adding 3 new shitcoins everyday while they can't manage properly the coins already listed.

Because ponzi schemes are profitable, customer service is not.

I feel like cryptsy is where coins go to die now a days

http://c-cex.com has worked very well for me. I use this exclusively now. I have a bunch of Flappy Coins at Cryptsy but no sense in moving them as they are worthless shit coins.

I use Bter.com

Not using their platform should send a very loud message.

They have a legacy platform they keep patching up...
With legacy security issues that requires them to Captcha and Log You Out...
And everything drones along with 5 sec delays constantly... like it's the 90s.

Then you switch to MintPal, for example...
You never go back to Cryptsy unless you have to...
MintPal is responsive, no Captchas, no logging out, fucking modern, baby.

This space moves fast...
When the Wall Street crowd gets here in a few months...
With the kind of infrastructure you see in the stock market...
Outfits like Cryptsy will just disappear.

Cryptsy are robbers. Withdrawals do not work. Awoid them!!!! Pigs do not even answer support...

Anyones problem was solved? Mine not... Should I just quit and take that robbery as a loss??

I think these problems just went out of their hands temporarily, the fault is over the users that keept using that exchange to pump and dump shitty coins once they already knew some issues referring withdrawals.

im agree with this . all in there maybe need pool every put crypto . to makes better

They do not care. I hope at least some people can see this thread before they loose their money too.... I wish I had seen it...

Has the Cryptsy service really deteriorated so much?
Havent used them in a few weeks, but I have never encountered these issues

Just awoid them. I wish i did.... They will be next mt. Gox..just on smaller scale

Not sure if anyone cares, but the picture they show on their website https://www.cryptsy.com/pages/about of their building is not where their listed address is.

160 Congress Park Dr Suite 101
Delray Beach, FL 33445

is about a mile away in a small new 2 story building.  It doesnt show their name anywhere on the suite number nor on the directory.  No way to know for sure if they are at that 160 Congress address, but its definitely possible.

The building they show on their website can be seen on google street view at:

https://www.google.com/maps/@26.477342,-80.090172,3a,37.5y,58.94h,82.59t/data=!3m4!1e1!3m2!1s_RZ9N7f4SUn4mNj78aCXag!2e0 (https://www.google.com/maps/@26.477342,-80.090172,3a,37.5y,58.94h,82.59t/data=!3m4!1e1!3m2!1s_RZ9N7f4SUn4mNj78aCXag!2e0)

Seems shady to me to show a building that isnt where they reside.  Maybe they were there before, and never changed out the picture.  Its not a stock picture, since it is a building nearby in Delray Beach. 

I live very close to the area.  I decided to visit both buildings a couple days ago just out of curiosity.

maaan ! The shitcoin stench must have been unbearable ! :o

Pending...the most common state of a withdrawal request from Crypsty. Any other service I deal with releases the coins within a few minutes. Cypsty is not in the same league when it comes to service. I'm missing on sell orders trying to get a shitcoin to a new exchange and I am stuck in 'Pending' purgatory.

Still waiting hours later. This is the norm for Crypsty. They either need to update or close. This is not an acceptable way to conduct an exchange. Bush league amateur hour.

It's not even the big things about Cryptsy that bother me...
It the constant little hassles with their software like Chinese Water Torture.

They design the site reasonably OK... then totally underpower it.

Things don't updates live or they take 17 seconds or they freeze...
People reload these pages millions of times...
Which costs these idiots more money than if they just had better database and servers.

It's like Cryptsy built this very weird car... then put a lawnmower engine in it.

FUCK OFF!

They are responsible for adding these shit coins and therefore promoting pump and dumps so they can get more trading fees rather than supporting the actual community which is paying them.

Cryptsy can stall your orders to place theirs. Cryptsy helps launder Alt Coins into BTC plain and simple. I feel we are in competition with Cryptsy.

Cryptsy has also Bait and Switched us into the MN2 market. Then they dump the price to lock you in. What kind of idiot would sell off their MN2 at such a loss when they just bought in a few days before. These are manipulations of their own market by insiders. Then they make you buy in for 1 to 1 pricing and fractionalize the market to further short your positions so you have to sell to them down the sheet to get out. There are too many red flags...

Here is my post about MN2 where they deleted the info from their webpage but I found it on BitCoinTalk.org before they realized it to delete it:

https://bitcointalk.org/index.php?topic=604272.0

Zedcoin wallet is still 'offline for maintenance' on cryptsy and has been for 2 months now. Unable to withdraw or deposit.

Support staff go mute if you ask them why and when deposits & withdrawals will be re-enabled.

POOR EFFORT BitJohn...its about time you released coins YOU DONT OWN and stopped ranting about how good your exchange is when you have obvious malfunctions still ongoing with your site.

Mintpal is the way to go if you want to trade Zedcoin

While I understand the frustration some people are having with Cryptsy, I would exercise caution and restraint when dealing with them or talking about them.  This fledgling industry does not need another major player going under.  If anything we all need to work together to get all of this right, including the exchanges.  Keep in mind that while people are bitching about Cryptsy, DMD has had its own problems recently.  While I give a lot of credit to those who worked tirelessly to fix them, it is my understanding we are not out of the woods completely yet.  Cryptsy, for all their flaws, is an exchange that supports a lot of different coins and has to deal with the wallet problems for all of them.  DMD is not alone with these problems.

Cryptsy is a major player in the cryptocurrency exchange domain.  It would be good for no one if they failed.

*cough*

Cryptsy is the insider trading center! Cryptsy listed Crypt Coin without any voting a few weeks after the coin launched with a mere white paper, and then kept the market open during the Fraud and PnD.

Yea, last thing we need is more exchange blow ups.

Cryptsy is back at it but with Ripple (XRP). Sorry to revive this but I am trying to get word out, as Cryptsy apparently is either flatout scamming or has completely incompetent staff who I'd IMAGINE would be axed over this. 13 days with no refund of XRP attempted to withdraw as well as cash in. I was silently banned which was a red flag to me that nobody in the troll box was alerted to it. The customer service rep "Mark" straight lied to me telling me I was refunded, checked my account and there was neither XRP, BTC, or even Crpytsy Points which I'd fuckin gladly take at this time.... YOU'LL MAKE MONEY OFF THE FEE ANYWAYS AND ITS YOUR OWN CURRENCY. Give me an equivalent to the 10k+/- I have missing in cyberspace.

Current related thread: https://bitcointalk.org/index.php?topic=884710

BitJohn even personally popped in to have me and another user PM him which did an astounding amount of nothing.

Make it right Cryptsy.

It will take a class action to get satisfaction.

Day fuckin 17...

They need to have their legs kicked out from underneath them. Class action is the only way.

Hey Techshare

They are at it again. Involved in the Paycoin Scam with Josh Garza and the rest of his minions.

https://bitcointalk.org/index.php?topic=857670.msg11189025#msg11189025

You should come over and offer your two Satoshi's worth...

I would but I really don't know anything about the situation.

Cryptsy has been a very dodgy exchange since the beginning. Best to avoid them altogether.

I've stayed away from them ever since November 2013. At the time, they were taking 12-24 hours to credit deposits, not responding to customers ... and the engine was simply horrible. I've kept an eye on them ever since, and they never improved.

Cryptsy has always sucked. And it still does. Yet, it's the most liquid exchange for trading alts. So I still use it.

I don't use cryptsy anymore although it was my very first exchange I made some bucks with sexcoin lol. I got hacked and since then they were never able to get me my account back and for some reason I wasn't able to make a new one so I give up as they were asking for some complicated stuff and I am not very technical lol which is a shame but it has always had problems, especially with coins randomly going missing from peep's accounts.

I just leaved this exchange after an issue about freezing SDC wallet over a months..

Round round we go.

The Crypsty circle jerk continues

https://bitcointalk.org/index.php?topic=1173703

From the Josh Garza Scam Thread:

The noose begins to tighten.

http://coinfire.io/2015/10/04/federal-investigations-of-cryptsy-underway/

---

Coin Fire is now able to report that multiple federal investigations are underway regarding Crypsty.

The online exchange is under several investigations with multiple agencies including the Securities and Exchange Commission, the Internal Revenue Service, and the Criminal Investigation Division of the Internal Revenue Service, among others.

Documents from various investigations obtained by Coin Fire show a litany of purported wrongdoing by the company and several team members. The large number of allegations levied against the company varies from agency to agency in more than 300 pages of documents. In some instances, the investigation alleges that the company failed to obtain appropriate licenses. In one particular instance, a connection is made between a Cryptsy team member and GAW Miners’ fraudulent operations. Other government agencies report a failure to report gains appropriately, market manipulation, the sale of unlicensed securities, money laundering, and more.

The document cache obtained by Coin Fire contains materials ranging from the Securities and Exchange Commission to the Department of Homeland Security. The earliest records in the cache against Crypsty contain minor investigations of wrong-doing and are dated prior to the larger investigation of Mr. Homero Joshua Garza and Mr. Carlos Garza; however, the information discovered during the GAW Miners investigation caused lead investigators from multiple organizations to begin scrutinizing Crypsty and its parent company, Project Investors, more closely. The investigation against Cryptsy intensified after a “PayCoin controller” was exchanged to the company and the two investigations began to run concurrently.

In one document, FinCen began to examine allegedly illegal transactions where money was being moved to accounts connected to suspected terrorists, but the investigation had since stalled. This document was set aside and ignored for several months until recent information indicated potential transactions with suspected terrorists. Later documents referenced this earlier FinCen document, with the most recent alleging that both Project Investors and Cryptsy were aware of an account on their platform being used by an individual with ties to banking watch lists and restrictions.

The documents also explore other allegations. In one report, an organization alleges that the company utilized automated trading software on a platform that directly benefitted Crypsty staff members. The report also alleges that a key Cryptsy staff member performed fraudulent transactions related to the movement of PayCoin by Mr. Garza.

Another document shows one organization beginning a probe of PayCoin’s blockchain history. This document alleges that Cryptsy was being used by Mr. Garza to disguise money movement for both him and his associates. Furthermore, the report claims that the company was aware of this movement and not merely complicit; this allegation is echoed by material within the document indicating that (1) staff member engaged in these fraudulent transactions and transfers, and directly engaged in market manipulation.

A wide variety of federal agencies have taken an interest in cryptocurrency companies over the last year, with many preparing for administrative actions and even criminal charges in early 2016. These agencies have been seen cooperating on several levels. One agent with the Securities and Exchange Commission told Coin Fire that they were,

"Looking at the worst offenders in cryptocurrency and would be closing in further on our unofficial “top ten” list of which Cryptsy and Project Investors will find itself to be in the Top 5."

I tried to warn you...

Cryptsy glitched and drove my account into the negative and tells me I have to buy more BTC and deposit to bring back positive!

CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
https://bitcointalk.org/index.php?topic=1173703.0

Run to the hills.. run for your freakin fatass shitcoin pushing life !
https://youtu.be/3ZlDZPYzfm4

;D

Hey look, more ignored warnings. Don't worry tho, it is just a personal vendetta, just like I have with the staff here, so you can ignore those warnings too. It is not because the trust system allows for fraud, we all know the trust system is great, just like Cryptsy is great and I just need to STFU.

The day I read what you said that they did with Infinitecoin, I took everything out of that criminal enterprise. The dumb fuck is trying to say that a cold wallet was hacked. Hopefully he and his minions are in jail soon. Rumor is he fled to China so who knows?

Awesome choice. You were one of like 6 people paying attention. I also saw some evidence Paul Vernon has fled to China. Funny thing is he probably also ripped off more than a few Chinese nationals, and over there they don't just slap you on the wrist for large scale financial crimes. He might be the first Bitcoin con-artist put to death by a firing squad (by the government anyway).