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Author Topic: Vircurex unfair distribution of what was left, why?  (Read 561 times)
Arbitrageur (OP)
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March 25, 2014, 09:12:48 AM
 #1

why didn't they do a proportional distribution of what was left? I had all my holdings frozen. this is unbelievable. at least they should have left something to everybody so they could continue working on their platform. this was not fair at all. quite disappointed about the way they managed all this. I won't move a btc or ltc back to vircurex. I'm finished there unless I have some of my frozen holding released.
Arbitrageur (OP)
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March 25, 2014, 09:16:11 AM
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also why didn't these bastards raise capital? I know they raised money last year. What a single share of vircurex is worth? Zero?? Well dilute the capital and raise some more money to paypack the customers.
Littleshop
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March 25, 2014, 03:37:06 PM
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why didn't they do a proportional distribution of what was left? I had all my holdings frozen. this is unbelievable. at least they should have left something to everybody so they could continue working on their platform. this was not fair at all. quite disappointed about the way they managed all this. I won't move a btc or ltc back to vircurex. I'm finished there unless I have some of my frozen holding released.

I have no idea what they were thinking.  It should have been proportional or at least proportional per coin.

cheezhead
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April 23, 2014, 02:42:14 PM
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why didn't they do a proportional distribution of what was left? I had all my holdings frozen. this is unbelievable. at least they should have left something to everybody so they could continue working on their platform. this was not fair at all. quite disappointed about the way they managed all this. I won't move a btc or ltc back to vircurex. I'm finished there unless I have some of my frozen holding released.

His decision to give my coins to someone else is so unfair.

I've been pretty angry regarding what Kumala did but now I'm just heartbroken.  All I did was move some coins into Vircurex to trade them in late March and couldn't get them back.  Kumala claimed there was a technical error he was fixing but then he froze (stole) them.  He promised to make up his losses without affecting user accounts then went back on his word.  He claimed he was fixing a technical withdrawal issue and stole those funds too.  That second lie costs me a lot of money and heartache.  Here's why:

My autistic son will be graduating from high school in June.  It has been such a long journey for us and we are very proud he has made it.  My wife and I asked him what he wanted as a graduation gift and he said he'd like a cruise to Alaska.  Normally we could never afford that trip but I had enough cryptocurrency to just swing it.  I tried to trade the coins on Vircurex so I could monetize them.  Instead, Kumala stole them from me.  I've tried everything to get him to return them and he won't even respond to me.  Monday, I saw Kumala unfroze .00026808 LTC of my total of 450 LTCs.  I guess I was fooling myself thinking somehow I may get my coins but now I know I won't.  My wife recently cancelled our trip and today I told my son we can't go because someone stole the money. He was heartbroken and I was humiliated.  I'm now selling all of my mining equipment in the hope of raising some cash for a more modest trip.

I don't need sympathy and I certainly don't need people telling me it's my own fault for trading on Vircurex.  I just want people to know (especially Kumala) that what he did had real consequences for people.  Does Kumala realize when he steals people's coins it could effect their lives? 

I'm beyond upset now.  I'm heartbroken that he could be so callous as to steal people's wealth with no regard to how he is hurting them.
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