[2016-05-11]Cryptsy Founder Paul Vernon May Have Absconded to China

[Blawpaw]

Cryptsy Founder Paul Vernon May Have Absconded to China

There have been few interesting developments in the class action lawsuit filed against Cryptsy by its customers. Paul Vernon, the founder of the now-defunct Bitcoin exchange, is reported to have gone missing amidst an ongoing enquiry. There are indications that he may have moved to China to escape the possible legal repercussions for allegedly mismanaging customers funds, and committing fraud...

read more

[gentlemand]

That's a pretty far out move on his part. Even if there's no extradition treaty with the US I can't imagine China's going to be that keen to have a thieving asshole hanging out there for long.