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Author Topic: [2016-08-16]Cryptsy CEO pleads not guilty to exchange funds theft  (Read 258 times)
smartgerman
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August 16, 2016, 05:45:38 PM
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Cryptsy CEO pleads not guilty to exchange funds theft
Paul Vernon, the founder of the bankrupt online trading platform, has refuted
the accusations of him secretly transferring money from the exchange to his personal accounts.
http://www.coinfox.info/news/6197-cryptsy-ceo-pleads-not-guilty-to-exchange-funds-theft
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August 16, 2016, 06:13:33 PM
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In early August, the receiver James Sallah said that Vernon moved more than 1,100 bitcoins from the exchange and sold them for over $3.3 million. These funds settled allegedly in his and his ex-wife’s bank account.]In early August, the receiver James Sallah said that Vernon moved more than 1,100 bitcoins from the exchange and sold them for over $3.3 million. These funds settled allegedly in his and his ex-wife’s bank account.
He was atleast not smart enough to hide the $3.3 million if they found it that easy. Probably he thought he could live like a god or something and no one would care about. They need to take all he have and lot him rot in prison. You get what you deserve soon or late and bet there are some angry people who want to kick his ass.
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August 17, 2016, 02:09:55 PM
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I detest seeing situations like this, where the mighty falls. Wished he had been less greedy, and I hope Cryptsy manages to bounce back on its feet.

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August 17, 2016, 02:17:24 PM
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How can you plead not guilty when you're nowhere near a court?

I assume this guy is still hiding out in china somewhere.

I hope he feels it was worth throwing his life away for some money. He won't be able to come back any time soon.
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August 17, 2016, 11:17:37 PM
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How can you plead not guilty when you're nowhere near a court?

I assume this guy is still hiding out in china somewhere.

I hope he feels it was worth throwing his life away for some money. He won't be able to come back any time soon.

He didn't plead not guilty, but he contacted coindesk and said he's an innocent man.

http://www.coindesk.com/cryptsy-ceo-exchange-stole-denies-charges/

That puzzles me, why is he breaking radio silence and bothering to contact coindesk if he has no intention of ever returning to the US? He might be covering himself in case he is ever located and brought back to the US.
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