Warning: Coinabul trying to defraud customers!

[coincrunch]

Although the fact they had a DB error it's kinda their fault...

It is absolutely their fault!  They built a crappy infrastructure, their database got corrupted, and when they finally got back on their feet, the market crashed. 

Clearly, according to their TOS, the customers must be punished for that.

Scammer Tag please.

[JohnGalt]

And reading their ToS, it looks like we're all $#% out of luck too...  Although the fact they had a DB error it's kinda their fault...unless they are blaming bitcoin then they are not responsible for that either according to their ToS.

According to their Terms of Service:

If an order cannot be filled by Coinabul we will either: provide a substitute product of your choice of equivalent value, or provide a refund, minus any market loss incurred and at our discretion.

That's pretty bad. If they are going to lose money on a sale, they just refund you, but keep the amount of money they would have lost. Basically, it means they can steal your money.

[CanaryInTheMine]

I've placed an order with them, and it's still showing as "pending"
it's been a while, no responses

[gwar11d2]

Although the fact they had a DB error it's kinda their fault...

It is absolutely their fault!  They built a crappy infrastructure, their database got corrupted, and when they finally got back on their feet, the market crashed. 

Clearly, according to their TOS, the customers must be punished for that.

Scammer Tag please.

Everyone who got scammed make a thread in the scammers section if you want them tagged.

I think whoever got scammed (I'm counting maybe 6+ in the past week alone) should all get organized.  This could get ugly.  I sent another email to them again last night.  No response.  What do we do in this scenario?  With bitcoin, we can't just get it back.  State Attorney General's office complaint? FTC?  Business is supposedly incorporated in Wyoming, phone number is in Florida.  This guy could be in China for all I know. 

[barbarousrelic]

According to their Terms of Service:

If an order cannot be filled by Coinabul we will either: provide a substitute product of your choice of equivalent value, or provide a refund, minus any market loss incurred and at our discretion.

That's some bullshit right there. I had a relatively smooth transaction with Coinabul but I'm never dealing with them again with that in the TOS.

[San1ty]

According to their Terms of Service:

If an order cannot be filled by Coinabul we will either: provide a substitute product of your choice of equivalent value, or provide a refund, minus any market loss incurred and at our discretion.

That's some bullshit right there. I had a relatively smooth transaction with Coinabul but I'm never dealing with them again with that in the TOS.

Does a TOS have any legal ground? I think you can write whatever you want there, but when you purchase something you either get the product or you get a full refund. If you would sue them, you would win...

[btcfrog]

My answer to them is a resounding NO, it is not cool.  They charged me in BTC. I paid in BTC. They should honor their deal, case closed.  If you bet on a football game, and you lose, you do not get to modify the bet after the game is over.

It has nothing to do with this thread but:

If you bet on a football game it happens once in a while that they modify or cancel the bet afterwards because THEY set the wrong odds on it.
Or they invalidate it because your bet was too large, or if you had bets that was "on both sides" ... etc etc.

Read the betting sites TOS sometimes and you will be scared...

They also give themself the right to arbitrarily close the accounts of "unprofitable" customers. (not everyone does but many do).

I have had 5 accounts closed so far: (sportingbet, bwin, stanjames, eurobet and 1 more i do not remember the name of).

The reason was that was not profitable or that i was betting to much on "wongly set odds".