CRYPTSY stopping withdraw locking accounts without notifying users! Class Action

[cohnhead]

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

I think you may be correct...I made a withdrawal and seemed to have processed ..although not yet appearing on coins block explorer

[1713481537]

1713481537

[MEPHuk]

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.

Yes, new limits imposed in last few hours, tier 0 (unverified) is now max $25 a day, max $100 a month

[cohnhead]

and there it is...just appeared....so as a verified account I guess I am good to go.

now lets see if trade key works...

then if anyone needs help pm me

[smoothie]

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.

Yes, new limits imposed in last few hours, tier 0 (unverified) is now max $25 a day, max $100 a month

Their claim is probably they are under some sort of regulatory scrutiny which is bullshit.


They are trying to keep people from withdrawing their coins.

Simple as that. MTGOX 2.0

[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.

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

it was 400k CSC. So maybe 30 - 40 BTC worth.  I ran a script that checked every 30 seconds for a balance and would withdraw them. It took like 36 hours, but it eventually got all the coins out.

[LeChatNoir]

MtGox 2.0!
What a bunch of incompetent criminals they are!

To all those assholes with a 2 or 3 posts old account, who just subscribed at BCT and intervened in this thread only to say how Cryptsy is good and perfect, do you want to buy my account for 80% of it's current market value?

[Jack Russell]

I also can not withdraw minor quantity, says verification required. I have maybe done 0.5 btc volume there since joining. Do not deposit funds there.

[SPKLC]

They are doing the right thing IMO, depending on how big the loss is(if there was any), maybe time can repair this situation, for both parties.

But the most important thing:

It's one case someone hacks their system and steals from their customers ; It's a whole different thing if they let other people make new deposit to repay the damage that was caused by the hacker.

So the people who have deposited AFTER they lost any coins must be prioritized.

I'm not a lawyer but this seems evident to me. I would also assume that if there was any theft, they'd have filed a lawsuit, because a hacker theft seems like any other theft to me.
Imagine having money in a bank, and then someone robs the bank. I don't think the bank is to blame for this, given that they had the right security measures.

[LeChatNoir]

what you got and whats the deal - with escrow of course

MtGox 2.0!
What a bunch of incompetent criminals they are!

To all those assholes with a 2 or 3 posts old account, who just subscribed at BCT and intervened in this thread only to say how Cryptsy is good and perfect, do you want to buy my account for 80% of it's current market value?

I have 2162 BTCD, 2.95 BTC, 791 LTC and something like 10 BTC of illiquid shitcoins (30 BTC in total).
I would like to sell everything i have for 24 BTC but my account is unverified (i've sent all the documents needed 1 week ago but they obviously ignored me!).

[usukan]

only the LTC are interesting

secondly - if you just add your name and address you are verified "instantly" to $10K coin per month (2k per day). You dont need any docs and I did this a few hours ago.

best advice to you is verify and withdraw - they are working again.  No need for you to make a loss on this.

Cheers

So

what you got and whats the deal - with escrow of course

MtGox 2.0!
What a bunch of incompetent criminals they are!

To all those assholes with a 2 or 3 posts old account, who just subscribed at BCT and intervened in this thread only to say how Cryptsy is good and perfect, do you want to buy my account for 80% of it's current market value?

I have 2162 BTCD, 2.95 BTC, 791 LTC and something like 10 BTC of illiquid shitcoins (30 BTC in total).
I would like to sell everything i have for 24 BTC but my account is unverified (i've sent all the documents needed 1 week ago but they obviously ignored me!).

[LeChatNoir]

only the LTC are interesting

secondly - if you just add your name and address you are verified "instantly" to $10K coin per month (2k per day). You dont need any docs and I did this a few hours ago.

best advice to you is verify and withdraw - they are working again.  No need for you to make a loss on this.

Cheers

So

what you got and whats the deal - with escrow of course

MtGox 2.0!
What a bunch of incompetent criminals they are!

To all those assholes with a 2 or 3 posts old account, who just subscribed at BCT and intervened in this thread only to say how Cryptsy is good and perfect, do you want to buy my account for 80% of it's current market value?

I have 2162 BTCD, 2.95 BTC, 791 LTC and something like 10 BTC of illiquid shitcoins (30 BTC in total).
I would like to sell everything i have for 24 BTC but my account is unverified (i've sent all the documents needed 1 week ago but they obviously ignored me!).

I submitted all the documents they ask for one week ago!
Yesterday i also apply for tier 1.
They just don't want to process my withdrawals!

[cohnhead]

only the LTC are interesting

secondly - if you just add your name and address you are verified "instantly" to $10K coin per month (2k per day). You dont need any docs and I did this a few hours ago.

best advice to you is verify and withdraw - they are working again.  No need for you to make a loss on this.

Cheers

So

what you got and whats the deal - with escrow of course

MtGox 2.0!
What a bunch of incompetent criminals they are!

To all those assholes with a 2 or 3 posts old account, who just subscribed at BCT and intervened in this thread only to say how Cryptsy is good and perfect, do you want to buy my account for 80% of it's current market value?

I have 2162 BTCD, 2.95 BTC, 791 LTC and something like 10 BTC of illiquid shitcoins (30 BTC in total).
I would like to sell everything i have for 24 BTC but my account is unverified (i've sent all the documents needed 1 week ago but they obviously ignored me!).

I submitted all the documents they ask for one week ago!
Yesterday i also apply for tier 1.
They just don't want to process my withdrawals!

im tier 2 verified...and have no problem processing withdrawals

[Xardas2014]

I only had about half of the required minimum to withdraw btc. I sent .005 then withdrew the .01 using a free withdrawal. Went through without a problem.

[Kn_os]

im tier 2 verified...and have no problem processing withdrawals

i am tier 2 verified and i can't withdraw anything from exchange, not even satoshi. I didn't even withdraw anything last 24 hours but still on any attempt to withdraw, any amount of btc i see message about my withdraw limits was reached.

They start to hold people's withdraw several weeks ago, then start to demand verification AFTER btc withdraw was stucked at pending from unvefiied users, now they just stops withdraw.

Or they bunch of incompetents idiots who gonna kill own exchange or they are gox-2 and just trying to do all to prevent people withdraw money, since they just haven' enough money to pay all.

[TastyChillySauce00]

im tier 2 verified...and have no problem processing withdrawals

i am tier 2 verified and i can't withdraw anything from exchange, not even satoshi. I didn't even withdraw anything last 24 hours but still on any attempt to withdraw, any amount of btc i see message about my withdraw limits was reached.

They start to hold people's withdraw several weeks ago, then start to demand verification AFTER btc withdraw was stucked at pending from unvefiied users, now they just stops withdraw.

Or they bunch of incompetents idiots who gonna kill own exchange or they are gox-2 and just trying to do all to prevent people withdraw money, since they just haven' enough money to pay all.

im agree, they do make requirement on withdrawal to prevent people from withdrawing their huge money,i think they just out of money and got bankrupt,they make the verification to add time to restock their money

[crackfoo]

They most likely operate under the same methodology banks do:

https://en.wikipedia.org/wiki/Fractional-reserve_banking

This is a way to throttle the outgoing currencies when they don't have them.

[cohnhead]

oh well... non verified accounts do not have transfer option...thought maybe that might be solution for some

[crackfoo]

oh well... non verified accounts do not have transfer option...thought maybe that might be solution for some

Where is the transfer option? One of my accounts is... but still don't see how to do transfers...

[cohnhead]

oh well... non verified accounts do not have transfer option...thought maybe that might be solution for some

Where is the transfer option? One of my accounts is... but still don't see how to do transfers...

when you look at balances...under any coin you see options like go to market...deposit...withdraw...manage...under manage is transfer......you use your trade key as a wallet address.

[crackfoo]

oh well... non verified accounts do not have transfer option...thought maybe that might be solution for some

Where is the transfer option? One of my accounts is... but still don't see how to do transfers...

when you look at balances...under any coin you see options like go to market...deposit...withdraw...manage...under manage is transfer......you use your trade key as a wallet address.

I don't see it. Well, just can see the view transfers in/out but can't create any... they must have stripped that out...