iikun
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Activity: 1062
Merit: 1003
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January 20, 2016, 01:51:52 PM |
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Yeah, this is very suspect...declaring insolvency and preferring some customers (those with alts) over other customers (those with BTC). This is also quite illegal. Does he need a powershovel to dig himself a bigger hole with the authorities?
How is this illegal? It is illegal for bankrupt/insolvent companies to prefer creditors of the same rank (ie in this case unsecured creditors) over other creditors of the same rank. Otherwise they could pay out friends, close business partners first and leave people who should have the same rights to reimbursement with nothing.
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X68N
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January 20, 2016, 04:04:02 PM |
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but a court payout would be in USD, right?
i prefer my coins i paid for not USD. The loss/values should spread in coins to avoid more loss than needed.
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iikun
Legendary
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Activity: 1062
Merit: 1003
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January 20, 2016, 04:20:53 PM |
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but a court payout would be in USD, right?
i prefer my coins i paid for not USD. The loss/values should spread in coins to avoid more loss than needed.
If it does come to a distributed payout I pity the person who has to work out who gets what & at what rate. If you count all the wallets in maintenance (which complicates things even further because how do you determine a fair price?) there must be something like 60 or so coins to balance out. At least Gox was only BTC and a handful of fiat currencies.
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Snail2
Legendary
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Activity: 1512
Merit: 1000
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January 20, 2016, 04:36:48 PM |
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I'm just wondering what they will do with some dead coins what they still traded but there are no nodes, no miners, no network in the outside world ?
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X68N
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January 20, 2016, 05:06:54 PM Last edit: January 20, 2016, 08:03:58 PM by X68N |
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I'm just wondering what they will do with some dead coins what they still traded but there are no nodes, no miners, no network in the outside world ? the court had to start nodes + fix the source codes. They will do it to serve justice like they always do
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Hashminers
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January 20, 2016, 11:36:46 PM |
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From Cryptsy blog:
########## The following wallets have been opened for withdrawals:
007 42Coin Acoin Aegis Aiden AlienCoin AlphaCoin AmricanCoin AppleBytes Agentum AsiaCoin AsicCoin Axron BancorCoin BatCoin BattleCoin BBQCoin BetaCoin BitBay BitGem Bitshares Bitstake BlackCoin BoostCoin BottleCaps Bytecent ByteCoin CacheCoin CAIx CashCoin CheckCoin CinderCoin CinniCoin Clams CoinMagi ContinuumCoin CosmoCoin CounterParty CrackCoin CraftCoin DamaCoin DevCoin Diamond Doubloons Ducknote e-Gulden ElephantCoin Ether Expanse EZCoin
We will be opening more wallets over the next couple days. ##########
Very nice, so they re gonna empty their cold wallets. This is at least something. That's great news. I got 1 quite large amount of one of them. Hope it will go through.
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r3wt
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January 21, 2016, 12:28:16 AM |
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Sign in with your Vlad account and say that. I've got 99 alts but a Vlad aint one (hit me)
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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Fontas Returns
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January 21, 2016, 01:03:18 AM |
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I'm curious about the results. I tend to believe that it was an internal job but probably not Big Vern himself, as that would be just stupid. There was a lot more potential in Cryptsy as a working exchange than 10k BTC and 300k LTC. Perhaps I'm naive, but grabbing the bag and running looks like to kill the goose that laid the golden eggs, and roast it for dinner.
Exactly. Vern is most likely not the thief. I think it's like Vern said, it's probably lucky 7 dev or someone who hacked Lucky 7. Or else inside job by an employee. Not Vern, tho. In my opinion. Karpeles was different because it was half a billion. The coins were worth more than the company. Here the comany was worth more than the coins so why steal the coins.
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The Sceptical Chymist
Legendary
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Activity: 3472
Merit: 6958
Top Crypto Casino
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January 21, 2016, 01:17:52 AM |
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I'm just wondering what they will do with some dead coins what they still traded but there are no nodes, no miners, no network in the outside world ? Maybe send you a paper wallet in an envelope with a stamp on it?
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Hippie Tech
aka Amenstop
Legendary
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Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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January 21, 2016, 02:49:39 AM Last edit: January 21, 2016, 03:07:38 AM by Hippie Tech |
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Sign in with your Vlad account and say that. I've got 99 alts but a Vlad aint one (hit me) Huh that's weird just who was it then that made the 7,000 ShitCoins ? hmmmmmmmmmm ? i have NO idea LOL Oh wait.. I DO ! YOU DID r3wt.
with 7,000 coins under my belt, you'd think i'd be rich by now. I really do enjoy your liberal interpretations of the facts though. it really makes discrediting you easy. Pick better friends that scamtard Mullick Take a picture with my webcam and post it, then i'll be super impressed. You've put on some weight... https://github.com/r3wthttps://twitter.com/vlad_roberto Do you prefer Roberto or Paul ?https://twitter.com/vlad2vlad EDIT https://twitter.com/1337pose
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jkminkov
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January 21, 2016, 08:01:26 AM |
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Yeah, this is very suspect...declaring insolvency and preferring some customers (those with alts) over other customers (those with BTC). This is also quite illegal. Does he need a powershovel to dig himself a bigger hole with the authorities?
How is this illegal? It is illegal for bankrupt/insolvent companies to prefer creditors of the same rank (ie in this case unsecured creditors) over other creditors of the same rank. Otherwise they could pay out friends, close business partners first and leave people who should have the same rights to reimbursement with nothing. dude, we are not creditors as we just deposit our altcoins and not selling them to Cryptsy LTD, so we are sharesholders on each type of cryptocurrency, claiming that my shares need to be sold(on which price, probaly on 1 satoshi each first million and rest for free?) in order to cover your stolen type of shares is mass theft, and that is illegal! Cryptsy LTD was a private vault with just one lock box on same type of "shares"
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.:31211457:. 100 dollars in one place talking - Dudes, hooray, Bitcoin against us just one, but we are growing in numbers!
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Hippie Tech
aka Amenstop
Legendary
Offline
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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January 21, 2016, 08:18:48 AM |
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This just in !! re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action NAILED!!! http://trollboxarchive.com/id/29081265/17/2013, 4:17:37 PM
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racineraiders: Duetschpire is a trustworthy trader just traded LTC for WDC with him and no issues whatsoever 5/17/2013, 4:17:37 PM
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Ghepetto: ir was a usb device that was a secure wallet that probably instantly sends all ur coins to bfl 5/17/2013, 4:17:37 PM
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imginy: how long until next dificulty change on worldcoin 5/17/2013, 4:17:37 PM
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shyliar: Chowderman, your dumb 5/17/2013, 4:17:37 PM
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SNAZ31: drskunk1980... lol You should of seen it when I tried to get cgminer to work... Seriously it took 3 days and I was still non the wiser lol 5/17/2013, 4:17:37 PM
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Duetschpire: just bought WDC on bitcointalk from BitJohn <<<<< This guy can be trusted if anyone interested in WDC bitcointalk.org/index.php?topic=207605.0 https://bitcointalk.org/index.php?action=profile;u=103659 Name: Duetschpire Posts: 366 Activity: 366 Position: Sr. Member Date Registered: April 20, 2013, 09:07:55 PM Last Active: January 19, 2016, 04:44:51 AM
ICQ: AIM: MSN: YIM: Email: hidden Website: bitify.com Bitcoin Marketplace and Auction Site with automated escrow Current Status: Offline Offline Bitcoin address: 133HhC2uLVpKcqtg5p5DjJExrMVnookVSQ https://bitcointalk.org/index.php?action=trust;u=103659paulthetafy 0: -0 / +0 2014-01-07 100.00000000
Have had numerous dealings with Duetschpire and have had nothing but good experiences.
Cryptothrift.com is an exciting venture that I am proud to be involved in. https://bitcointalk.org/index.php?action=profile;u=114782Name: paulthetafy Posts: 739 Activity: 686 Position: Hero Member Date Registered: May 08, 2013, 07:59:54 PM Last Active: January 15, 2016, 02:15:00 AM
Signature:
bitify.com | 30 Days Buyer & Seller Protection! Now who's da man? Don't be shy! Who's da man? Come on now, say it! I know you want to. SAY IT, BITCHES!!! Who's da man? Getting a fresh cup of coffee cause the fun's 'bout to begin. HAHAHA EDIT FUCK YOUR BOUNTY.
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Zaun
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January 21, 2016, 12:40:36 PM |
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From Cryptsy blog:
########## The following wallets have been opened for withdrawals:
007 42Coin Acoin Aegis Aiden AlienCoin AlphaCoin AmricanCoin AppleBytes Agentum AsiaCoin AsicCoin Axron BancorCoin BatCoin BattleCoin BBQCoin BetaCoin BitBay BitGem Bitshares Bitstake BlackCoin BoostCoin BottleCaps Bytecent ByteCoin CacheCoin CAIx CashCoin CheckCoin CinderCoin CinniCoin Clams CoinMagi ContinuumCoin CosmoCoin CounterParty CrackCoin CraftCoin DamaCoin DevCoin Diamond Doubloons Ducknote e-Gulden ElephantCoin Ether Expanse EZCoin
We will be opening more wallets over the next couple days. ##########
Right now I am just happy to get most of my valuable coins out. Only got 1 Dash + LTC there. I do hope for a solution, but luckily their hit, did not hit me that hard.
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r3wt
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January 21, 2016, 12:48:21 PM |
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Sign in with your Vlad account and say that. I've got 99 alts but a Vlad aint one (hit me) Huh that's weird just who was it then that made the 7,000 ShitCoins ? hmmmmmmmmmm ? i have NO idea LOL Oh wait.. I DO ! YOU DID r3wt.
with 7,000 coins under my belt, you'd think i'd be rich by now. I really do enjoy your liberal interpretations of the facts though. it really makes discrediting you easy. Pick better friends that scamtard Mullick Take a picture with my webcam and post it, then i'll be super impressed. You've put on some weight... https://github.com/r3wthttps://twitter.com/vlad_roberto Do you prefer Roberto or Paul ?https://twitter.com/vlad2vlad EDIT https://twitter.com/1337poseYou asswipe.
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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January 21, 2016, 12:57:06 PM |
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but a court payout would be in USD, right?
i prefer my coins i paid for not USD. The loss/values should spread in coins to avoid more loss than needed.
All coins reclaimed from improper withdrawals (every single one in the last 18 months) will be dumped for fiat, then the fiat will be given to the lawyers. That's how it works in a bankruptcy. Sorry, but you will have to rebuy all the coins you lost.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Phildo
Legendary
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Activity: 1526
Merit: 1000
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January 21, 2016, 02:04:16 PM |
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Is someone stupid enough to get conned by Garza and then try to pump paycoin way after the shit hit the fan smart enough to steal all this money from Cryptsy?
Why on earth would someone that pocketed that much cash in the Summer of 04 continue to fuck around with all those alts and pump and dumps?
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Nagle
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Activity: 1204
Merit: 1002
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January 21, 2016, 08:02:52 PM |
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Hello I have offered to give big Vern the identity of the person that committed the theft against cryptsy and help them be put to justice but he is not responding to me. I offered my services and to divulge this information for a bounty of %30 of the stolen funds I also said I am willing to negotiate a bit to make things easier. Here is my twitter were I have tweeted at Big Vern multiple times https://twitter.com/cryptcracker1/with_repliesI am asking for a contract to ensure I am paid the bounty, if anyone is able to reach Big Vern please tell him to get in contact with me asap. Talk to the law firm that's suing Cryptsy. They might make you an better offer.
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kingaltcoins
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January 22, 2016, 05:56:13 AM |
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All exchanges are turning up being worthless nowadays. I had trusted Cryptsy when they were at the peak time of their business. But this is really ridiculous to know that a CEO can run off after getting hold of 'some' bitcoins.
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Gallagan
Newbie
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Activity: 19
Merit: 0
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January 22, 2016, 05:56:45 AM |
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Oh nice! of you had you money in a select coin you get your coin back But if your coin was not on the list, well they just decided that you could foot the bill for their incompetence.
Truly an inside job and I am surprised the feds have not picked these guys up. I cant even think of how many laws have been broken in this cover up.
These guys are sure to flame soon.
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Oscoda
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January 22, 2016, 07:05:55 AM |
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Oh nice! of you had you money in a select coin you get your coin back But if your coin was not on the list, well they just decided that you could foot the bill for their incompetence.
Truly an inside job and I am surprised the feds have not picked these guys up. I cant even think of how many laws have been broken in this cover up.
These guys are sure to flame soon.
From what I've heard more coins will follow. I got not reason to doubt that. But let's face it. The big amounts will vanish eventually.
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