Gleb you post here for free yes? So yeah I volunteered just like your volunteering to solve the evils of the world. As far as picking coins yep I did that as a moderator at the time. There were not a million to pick from I maintained the list. The list if you spent some time you would find the old one I emphasized no pre-mine fair releases. I did it because I liked crypto. You post here because you I assume like crypto.

Unless your saying your a paid shill and doing it for money. I do not think saying I volunteered is a reach. I will also say prior to the time I was paid the company didn't make much money. Vern had a side job.... Companies have costs the costs ate the majority of the revenues in the first year.

That press release leaves out plenty of details. I do know Paul never received that money I think the only money Cryptsy ever received was in payroll to the developers.

My involvement and compensation was fixed just like any other job it was 40k a year. You get your salary you don't reap all the benefits of the company the shareholders reap the benefits. Very few companies do profit sharing Project investors was not one of them.

I cannot defend Mintsy as a company because after it started having issues I myself decided I was not going to promote it. My personal opinion is PI, and Digital BTC should just pay back the minimal liabilities owed.

As far as Cryptsy loved working there for a long time. Cannot vouch for what they have going on now, but I can say there is matter of fact no secret society there of coin devs, and hustlers. I already pointed out where I think they come from. I will say it again personally I think Mintpal, and Bittrex were the majority of the alt stream any company with ICO's makes the most sense. Only business model that works. The mass flow of alts destroyed the alt market so overall bad for business.

Knaples was charged with embezzlement I believe not incompetence.

I haven't chimed in in a while and want to clear up a few things as far as what I did at Cryptsy and a few other details.

Gleb if you go back in the board history you'll see I used to sell alts on the boards here. I met Paul on Litebonk (he ran the pool). When Worldcoin came out I asked if he knew how to set up a pool and he did for that and every new alt that came out. Back then there was a new one like once a month. Anyhow he inquired on the litebonk boards if anyone would use an alt exchange if we had one for the Litebonk miners. Of course we all liked that idea. So if you wee a litebonk miner you got to betatest Cryptsy. Make a long story short several of us beta tested and became moderators. I enjoyed moderating so stayed on and volunteered for the next year.

Cryptsy had only one paid employee after a year and that was the accountant. When the wall street journal article about Cryptsy hit things hit the fan and just about everyone who was a volunteer became a paid employee. Paul's other company was brought in to provide support. The other company was an offshore support company. They are the same agents you see now.

My main role was as the PR manager I handled the public, social media, advertising etc. I was a salaried employee and promoted the sites. Mintsy was a side company owned 50-50 by Project Investors and DigitalBTC. Yes I promoted it too as part of my job . The problem with Mintsy is DigitalBTC basically took all the revenues, and pulled out. I'd give some numbers, but trying to be as detailed without breaking my NDA I signed.

My last job I held was in operations managing the Customer support, Human Resources, Security folks. When the CTO resigned I filled in there for a while as well managing the developers. The new UI and such was my push. I left because I was literally doing to many peoples jobs for not enough money. Cut into family time and I was ready to do something else.

This thread was started by a guy who was being affected by a weird DB bug that would put the wrong hash for your password when you reset it. It got resolved with him.

Horus is an always has been the same person.... Not sure where you got confused on that. He took over my PR role.

Again the majority of the stakeholders (the folks who own it) in Cryptsy are not the people you see posting here beyond BigVern. The folks who post on these boards are salaried worker bees.


EDIT: Greenlion was let go the day after I left....

Fair enough on the someone from Cryptsy should be talking... I just get bent out of shape on certain things like the Tier shit. It is definitely a thing hence why EVERYONE is doing it.

I mean you can bitch about it all day, but call your attorney and say hey they wont give me my money unless I provide them Name, DOB City and state....Any guess what his answer will be? Take the challenge. keep us informed.

I'm chatting in here because I happen to like Spoetnik, and Glebs company. After all I have always like Spoetniks theory's on the various madness of the scene. Gleb I didn't really know but I find his sense of humor refreshing. Hippietech could get hit by a train and I would likely celebrate. My only regret would be the train probably made it too quick.

The patriot act is hardly the only agency telling exchanges what they have to do. Cryptsy's compliance officer does what the agencies, and the lawyers tell them they need to do its that simple. Again its the same as all the other exchanges. It's a standard.

wow your sooo smart.... Don't "you" me I don't work there I'm responding because I know the why. Cryptsy has a compliance team and lawyers that have always dealt with that stuff. Obviously Cryptsy is slowly compelling their user base to make them more compliant. You don't have to be the best you just cannot be the worst.

Cryptsy will always make the effort to stay in the middle of the pack when it comes to compliance.

I do think that if your unwilling to provide your name DOB city etc then your probably one of the crooks they are trying to stop... The majority of posts I used to respond to where "Cryptsy stole my money" was related to some Iranian or someone on the SDN list trying to skirt the system. The law requires them to seize the assets and hold them.

Its incredibly hard work for not enough money 24/7 365. Rather move on to other things. There were lots of Layoffs at Cryptsy this year.

Honestly very few coins interest me anymore, and the altcoin scene has gone way down hill. I'm still happy with PPC and BTC haha.

The China thing was in the works long ago different company different investors.


Ill let Horus do his job on the other questions.

That limit is only for Tier 0 at Kraken that limit is ZERO money. KYC is the law after all not a Cryptsy law but like a no shit requirement. Tier limits are a thing at every legitimate exchange. Never understood why folks cannot grasp that. To run an exchange you have to comply with laws to do business. Unless your BTC-e of course. I was still there when the tier system was drawn up and it is completely based off of Kraken's.

The minimum information required to match someone against the SDN list and OFAC is Name DOB, city, country. So Tier one requires those things.

Gleb all the tier 1 tech support is overseas (Americans are expensive)... Don't bug that poor Karen Smith lady your way off.

FYI the tech support comment means the folks who live in the US. The majority of support does not.

Horus cant push a withdraw faster its not or at least was not possible to prioritize when I had an admin view.

Gonna go eat turkey now..

I was the first moderator so the start really. I began the transition about a month ago.

The provider  was cloud hashing they white labeled it. Horrible deal pretty much anything mining is shady. I think a few other exchanges have them as well. None will admit it all under contract.

Who and what was said to whom about crypt?

Sounds like a RPG

speak english

So again you have nothing ot offer.... Spit it out or get out.

Because I asked for evidence of an attack lol. I'm with Spoetnik and gleb I want truth bring truth and you can talk otherwise your full of shit.
Why do I care? I poured a shit ton of life into that exchange and really want it to be ok.... If there is a problem then well shit man I want to know. Its like wanting to know if your girlfriend was cheating.....

right but what does it have to do with this topic? this topic is already incredibly confusing....

wtf is this... and what are you implying?

So that's a no.... You have no evidence

Id like to see it if you got it.