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Author Topic: What happened with JustCoin.com?  (Read 2414 times)
bitcoinrocks (OP)
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November 21, 2014, 03:49:02 PM
 #1

I bought a small amount of XRP on justcoin.com a long time ago.  Recently I got an email that said they're shutting down due to bank issues.  Then I read that they got hacked.  Now I'm getting email from them saying they're coming back under new ownership.  Does anyone know what's really happening with these guys?
FeelTheBeat
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November 21, 2014, 04:08:26 PM
 #2

Yes, they was claiming that they get hacked because of a bug in stellar code. After that they closed the page. But now they are relaunching with a new team, just name remains the same. Just hope that it won't be a fiasco like mintpal v2.


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djm34
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November 21, 2014, 04:41:33 PM
 #3

lol, it seems the infamous "I get hacked, I close" scam is still working... if they are able to start again without reimbursing anybody but just changing the ownership, it will soon become mainstream (don't be surprised when they get hacked a second time...  Grin)

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FeelTheBeat
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November 21, 2014, 05:12:38 PM
 #4

I think that all exchanges that are/were trading stellar/xrp had the same problem, so not only their fault, more from a dev of a coins.


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Shinzi Fuki
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November 21, 2014, 06:55:30 PM
 #5

So Stellar is the issue? This is the way people are hacking these places?  Huh
FeelTheBeat
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November 21, 2014, 07:02:30 PM
 #6

They have already fixed this bug long ago.
Read more in this post: https://bitcointalk.org/index.php?topic=719019.msg9256909#msg9256909


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poncom
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November 21, 2014, 10:30:14 PM
 #7

ANX, a Bitcoin company, based in Hong Kong, announced today that they are the new owners of Justcoin’s domain and brand rights.

https://www.cryptocoinsnews.com/justcoin-rights-acquired-anx-hong-kong-bitcoin-company/
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November 21, 2014, 10:32:37 PM
 #8

have the original balances not been repaid to the people? Does justcoin still owe you? I am asking because that will be of importance for me to make the decision if i should use them again or not.
(i did not have a balance there when they went down)
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November 21, 2014, 10:45:28 PM
 #9

Sorry but I never traded there. I heard a rumor that the old owners will not repay money owed, but it was only a rumor and might be wrong.

The xrptalk thread post linked to below says this about justcoin's liability in a bankruptcy.

Justcoin is as company type (norwegian AS) of the type that in a bankruptcy situation, the owners will not be held personally responsible moneywise for the companys outstanding debts/expenses

https://xrptalk.org/topic/4380-justcoin-no-responsibility/#entry53874

This is the advice from another poster on the same thread.

The lack of communication is stunning... the questions everybody asks are not getting any answers.
 
I would keep my distance with such company, before having a solid proof it is to be trusted again.
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