CRYPTSY stopping withdraw locking accounts without notifying users! Class Action

[usukan]

 if you have a name - and an address - it jumps to $10,000 per month.

Quite a few folk have these.............

I believe some problems are caused by the new Tier System just brought in at Cryptsy in response to regulator requirements.

Log in and check it out.

Each Tier has limits

Tier 0 - $25/day (unverified)

Tier 1 Withdraw Limits (only name and address)
 
Fiat $0
Crypto
Daily  $2000
Monthly $10000

Tier 2 Withdraw Limits (passport and pic holding passport and Cryptsy sign)
 
Fiat $0
Crypto
Daily $2000
Monthly $10000

Tier 3
More

etc

Whoa whoa whoa $100/month in crypto? WTF is that shit?

https://www.cryptsy.com/users/verify

[1714821422]

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[GoldSeal]

if you have a name - and an address - it jumps to $10,000 per month.

$10k doesn't do jack shit for me. I'm trying to withdraw 1,000,000 CSC right now from a tier 0 account and it's just been stuck for 48 hours listed as pending. That's $16 - 18k at current prices and they just keep telling me they can't find the withdrawal in the account and close the ticket.

[cohnhead]

im verified tier 2 and just tried to move less than .125 worth of altcoin and message came back above limit...wtf

[usukan]

maybe because the limit includes your last 30 days of withdrawals too........

im verified tier 2 and just tried to move less than .125 worth of altcoin and message came back above limit...wtf

[suchmoon]

if you have a name - and an address - it jumps to $10,000 per month.

Quite a few folk have these.............

Having and willing to share is not the same thing. Especially when this involves some questionable entity in Belize or wherever-the-fuck they're based and especially after such restrictions have been imposed retroactively.

Not that it matters to me as I only have dust there after their latest fee grab, but these convulsions are becoming amusing borderline on ridiculous.

[Hippie Tech]

I'm doing regular withdrawals from Cryptsy - multiple currencies - never had a problem over several years.  Last withdrawal yesterday - no delays only about 1 min after conf they were broadcast.

Support is always fast to reply to queries - quite impressive compared to other exchanges I deal with.

I think this is all a load of FUD from another exchange trying to discredit Cryptsy.

My only complaint would be the DEM wallet in maintenance for too long.

OH - and the new fee structure for withdrawals is TOO EXPENSIVE.  Yes -  withdrawals ARE working cos I been paying these damn fees.

But even with all this - no-one should ever leave coins on any exchange unless they absolutely need to.  IN and straight OUT.  Control your own coins.

Well done Cryptsy!

Other people are indeed having real problems with withdrawals. Cryptsy needs to fix these issues. This is getting absurd.

Vircurex and other major scams were also seemingly selective with who they ripped off and/or used shills with fake tx screenshots. lol This keeps the greedy and gullible guessing.

@all
If my hunch is right, Big Vern and/or BitJohn is muddafudda.

Cryptsy, just like mudder's broken shitclones, always has and always will have issues because they were coded by the same incompetent coder.

@BigVern
I could have walked off with over $1000 USD when your "tip bot" handed me that 200% surprise.
https://bitcointalk.org/index.php?topic=246679.msg4651337#msg4651337

How often has this happened and how much have your customers lost ? (thanks to your badly coded fractional reserve algo, trading bot, tipping bot ?

[cohnhead]

maybe because the limit includes your last 30 days of withdrawals too........

im verified tier 2 and just tried to move less than .125 worth of altcoin and message came back above limit...wtf

haven't moved coins in weeks...and certainly not near limits of tier 2

[GoldSeal]

Ok I'm happy to report that Cryptsy just processed the 1,000,000 coins CSC withdrawal:

Code:

Withdrawals
Currency	Send to Address	Amount	Conf	Request Date
CasinoCoin	Cc7DCtF7Jf7mmKCdFN717qFcNgozCnLixU	1008037.36570100 CSC	Yes	2015-10-20 00:31:54
Processed	TrxID: 853da7ceb5a235a05100c6038312d7a05220f53bcda5b0d546be81902206301a @ 2015-10-21 23:56:14

$ casinocoind getinfo
{
    "version" : 1030000,
    "protocolversion" : 70004,
    "walletversion" : 60000,
    "balance" : 1008037.36570100,
    "blocks" : 1111918,
    "timeoffset" : 0,
    "connections" : 8,
    "proxy" : "",
    "difficulty" : 94.42552090,
    "testnet" : false,
    "keypoololdest" : 1445311779,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

The coins came through with relatively little dust. So thank you Cryptsy. It took 3 tickets and adding an address to get tier 1 verified, but they actually sent me the coins. So disaster averted.

[smoothie]

if you have a name - and an address - it jumps to $10,000 per month.

$10k doesn't do jack shit for me. I'm trying to withdraw 1,000,000 CSC right now from a tier 0 account and it's just been stuck for 48 hours listed as pending. That's $16 - 18k at current prices and they just keep telling me they can't find the withdrawal in the account and close the ticket.

They can't find it because they dont want to.

ALl they would need to do is get your confirmation through your account and email and they could put it through to you if they really could not find it after numerous times.

[usukan]

looks like a system error while they are swapping things over - hope this comes good

maybe because the limit includes your last 30 days of withdrawals too........

im verified tier 2 and just tried to move less than .125 worth of altcoin and message came back above limit...wtf

haven't moved coins in weeks...and certainly not near limits of tier 2

[MEPHuk]

Also, dont say anything bad in chat or you get a day chat ban without warning. Withdrawals still not working at time of this, so be safe everyone, and dont deposit anything there until this is resolved, in case this is another gox.

[usukan]

to be honest I think they are pretty busy at the moment.

My picture is room full of chickens with no heads

Fresh live chickens arriving tomorrow to hopefully fix the probs

if you have a name - and an address - it jumps to $10,000 per month.

$10k doesn't do jack shit for me. I'm trying to withdraw 1,000,000 CSC right now from a tier 0 account and it's just been stuck for 48 hours listed as pending. That's $16 - 18k at current prices and they just keep telling me they can't find the withdrawal in the account and close the ticket.

They can't find it because they dont want to.

ALl they would need to do is get your confirmation through your account and email and they could put it through to you if they really could not find it after numerous times.

[GoldSeal]

Also, dont say anything bad in chat or you get a day chat ban without warning. Withdrawals still not working at time of this, so be safe everyone, and dont deposit anything there until this is resolved, in case this is another gox.

Yep I've been banned more than 24 hours for just mentioning that it took me 200+ withdrawals to move 400k coins. No clue if it's a day, week, or permanent. Honestly, don't really care. It's better to post on BTCT anyway where the truth isn't going to be censored.

[cohnhead]

I thought maybe this was a bunch of bs or maybe it affected only unverified accounts...but I've been verified for over a year...and am having withdrawal problems.

[MEPHuk]

Also, dont say anything bad in chat or you get a day chat ban without warning. Withdrawals still not working at time of this, so be safe everyone, and dont deposit anything there until this is resolved, in case this is another gox.

Yep I've been banned more than 24 hours for just mentioning that it took me 200+ withdrawals to move 400k coins. No clue if it's a day, week, or permanent. Honestly, don't really care. It's better to post on BTCT anyway where the truth isn't going to be censored.

Hence why i mentioned it here. Banning people for a day with no notice, when they have fears and remember gox, not exactly the best way to keep the customers happy

[cohnhead]

Also, dont say anything bad in chat or you get a day chat ban without warning. Withdrawals still not working at time of this, so be safe everyone, and dont deposit anything there until this is resolved, in case this is another gox.

Yep I've been banned more than 24 hours for just mentioning that it took me 200+ withdrawals to move 400k coins. No clue if it's a day, week, or permanent. Honestly, don't really care. It's better to post on BTCT anyway where the truth isn't going to be censored.

they raised withdrawal fees too didn't they?....how did you move coins...what was btc equivalent of each transaction...if you don't mind...I just tried to move 2500 coins worth about .125 btc and system came back I was over limit.  I haven't moved anything in weeks

[MEPHuk]

Ok, they have pushed out a fix, and my withdrawal is going through, so quick, get your coins out whilst you can

[smoothie]

Ok, they have pushed out a fix, and my withdrawal is going through, so quick, get your coins out whilst you can

run for the exits?

[MEPHuk]

Ok, they have pushed out a fix, and my withdrawal is going through, so quick, get your coins out whilst you can

run for the exits?

Damn right i am, its processed on their side but not showing up in blockchain yet, i am tier 0 (unverified), so dont know about any next tier people, or people who have upgraded tonight to next tier to withdraw more

[allyouracid]

Other people are indeed having real problems with withdrawals. Cryptsy needs to fix these issues. This is getting absurd.

Now they've drastically reduced the maximum withdrawal limits for unverified accounts to $25/day or $100/month - and that month started 30 days ago.

Is this true?

I just imagined sending some BTC there, not knowing about this, just to find out that it'll take me years to get my BTC back out of the exchange.

Cryptsy, 0.4 BTC per month? Come on, you cannot be serious on this.