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Author Topic: The Exchange cryptsy dies?  (Read 3247 times)
lumeire
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January 13, 2016, 12:07:47 PM
 #41

Their services are not free, if that's what you mean.  You pay each time you make a trade, but I have no idea why they or any other exchange becomes insolvent.  You'd think that there's two sides to each trade and an exchanges function is to match buy and sell orders and not to take either side of the trade.  Am I totally ignorant??  

Probably this all started when they tried to expand into USD. You know, getting into that takes a lot of legal expenses and repercussions. Plus the digital Mintsy thing, I remember their service there was real bad.

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January 13, 2016, 12:13:10 PM
 #42


hacked + investigated +  divorce

I think the claim from them about their cold storage getting hacked and theft is some made up story by them to get away with possible investigation.

 
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HarryKPeters
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January 13, 2016, 01:48:48 PM
 #43


hacked + investigated +  divorce

I think the claim from them about their cold storage getting hacked and theft is some made up story by them to get away with possible investigation.

Yeah i feel that's another lie of them. Like more lies they gave birth too.
Don't ever though this company would be so shady.

it started when big vern smelled money from the Paycoin scam. Guess he was lured into the scam game from that moment.

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January 13, 2016, 01:49:33 PM
 #44

It's final now.
Very bad they ended an exchange like this.
Before they were my no.1 exchange for bitcoin and altcoin. Now they lost all my respect.

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January 13, 2016, 03:22:42 PM
 #45

This has been going on since last November. Today they give us the final blow and inform all customers that they have stopped all trading, deposits and withdraws because of a spam attack. Strangelly, I have been able to go into my account and request a withdraw. Needless to say, this withdraw hasn't been confirmed yet.
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January 13, 2016, 08:18:59 PM
 #46

This has been going on since last November. Today they give us the final blow and inform all customers that they have stopped all trading, deposits and withdraws because of a spam attack. Strangelly, I have been able to go into my account and request a withdraw. Needless to say, this withdraw hasn't been confirmed yet.

It's been a long time, but it still sucks.
Taking losses of a force sale + huge withdrawal fee. But it seems we've lost our funds completely now.
RastoMan
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January 14, 2016, 04:28:58 PM
 #47

The cryptsy is dying now. But it will go away with our money. Will it possible to sue the owner/operator and get our money back?
NorrisK
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January 14, 2016, 05:35:23 PM
 #48

I  got this mail today, so yeah I guess it's over:

A divorce, investigation from the sec and now the 'Hack'

Hi, Cryptsy ceases its activities in the wake of the theft of most of Bitcoins from the COLD storage.

You can start a refund procedure at the link:
https://cryptsy-refund.com/

Please accept our apologies.

Cryptsy


According to their website, that link and email is a phising attempt. I hope you didn't fill out any important account information there..

Anybody who still held coins on their exchange after November just put their head into the sand.. It was clear from every angle you looked at it that they would go down or atleast face major problems. If you didn't take action at that time, unfortunately, you now have to deal with it.
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January 15, 2016, 09:36:07 AM
 #49

The cryptsy is dying now. But it will go away with our money. Will it possible to sue the owner/operator and get our money back?

Sue?  Yes.

Get money back?  No.


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January 20, 2016, 05:04:41 PM
 #50

The cryptsy is dying now. But it will go away with our money. Will it possible to sue the owner/operator and get our money back?

Sue?  Yes.

Get money back?  No.

You can withdraw some altcoin now from Cryptsy. But not the bitcoin.
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