[2016-01-15] Bitcoin Exchange Cryptsy Finally Explains Loss Of Millions

[hendra147]

Bitcoin exchange Cryptsy International has explained the problems it has been undergoing for some time in a blog post. Cryptsy completely denied all allegations that problems were caused by recent phishing attacks or a ddos attack. The exchange has been under investigation since a class action lawsuit against it was filed. First-hand explanation comes just in time as numerous users continue complaining of withdrawal issues and Cryptsy remaining silent.

Until the problems began, Cryptsy was a successful exchange with more than 270,000 registered users from all over the world making over 300k trades per day. It serviced more than 200 different types of crypto-currency.

http://www.coinspeaker.com/2016/01/15/bitcoin-exchange-cryptsy-finally-explains-loss-of-millions/

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[aso118]

The article mentions that Cryptsy became aware of the problem more than a year and a half back.
If they did not address the problem for such a long time, I would say they are criminally negligent.

[1Referee]

I don't believe anything that comes from Cryptsy. It was an exchange with shady behaviour from the very beginning, and right now they are getting a wave of mad people over them. These people should have never made deposits on this exchange to start with.

In the time I was still trading at Cryptsy I told myself better safe than sorry, but I will leave this exchange. I also managed to get my coins on time out of Mintpal. These exchanges give you several signs before something bad is about to happen, if you ignore these signs, then it won't end in a good way.

[mcsean2163]

Is anything happening here, just found out about it today and have a btc stuck in the account... 

[hendra147]

Is anything happening here, just found out about it today and have a btc stuck in the account... 

now cryptsy claim he get hacked
and i doubt you can withdraw your money from cryptsy...

this is like MT.Gox

[hendra147]

and the last news Cryptsy Announces 1000 BTC Reward for Stolen Coins
http://bitcoinist.net/cryptsy-announces-btc-reward-stolen-coins/

and now im sure you can't withdraw your money