Poloniex Preparing for an Exit Scam! DO _NOT_ SEND COINS THERE!

[tokeweed]

This is really weird.  I think the best thing to do now is to calm down and plead your case.  I mean they have your transaction history.  At least they should tell you why they banned you.  Tho, it's in their new TOS that explicitly says they reserve the right to ban accounts as they see fit.

Plead my case to who? I already have been doing that for a solid month. No response. They have the right to ban accounts and keep their money? No, they don't. Sorry, but you're wrong: morally, legally and in reality. They haven't told me shit because they are criminal hacks on the verge of a massive exit scam.

I can't agree or disagree with your accusations of them exit scamming, but one thing I would do is I would def avoid using their services until they get their sh*t together.

[cryptohunter]

First: Why don't you verify your account with 2FA? They already said that your limit is 2K$ without verifying.
Second: If you don't want to verify your account, just keep withdrawing smaller amounts each day, like equal to $1950 per day till all your funds are withdrawn.
I know there will be higher fees with the second option, but that is the fee you're paying to not verify your account.

I have recently withdrawn using the second option and I have received bitcoin funds quite quickly without any hassle.

You obviously didn't read any of my reply posts. I have a legacy account that is verified. I do have 2-FA turned on. But its unnecessary because they require that you provide a code sent via email to you in order to log in in the first place. I wasn't trying to withdraw over $2000 at one time -- they kept a ton of my NEM without sending it, and now they are keeping an equal value of my BTC.

Goody goody for you. I'm so happy for you that Polo hasn't scammed you yet. Meanwhile I'm living in a mosquito-ridden AirBnB in the middle of provincial Philippines because I can't get my money out of Polo. I can't sleep, I can't concentrate on work, I barely even get internet here. This sucks. They are wasting my life away for no discernible reason. So I have every right to call them out on their criminal behavior until they do the right thing and release my funds.

Like I said, I've been a customer with them for almost 4 years. And now this, out of the blue. With no explanation. But go ahead and keep using Polo, if you're a fool.

What is the actual full name and address of the exchange owner going under the user here busoni?

I dont imagine they are pulling an exit scam but their service is diabolical and they need a kick up their ass. He makes a fortune and is probably understaffing to the max.

A few fines for failure to provide reasonable service and costing other people financially should make him wake the fuck up.

[cryptospear]

I dont recommend to others exchanges that was hacked in the past,because its too risky to use such sites!

[3months18w]

Don't use polo,I also met a unhappy money missing there,  there are many good exchanges except polo.
If polo keep on this , reject to supply a better service , more and more people will run away to other exchange.

[cryptohunter]

XDN
XCN
BBR

all confiscated on polo

they have closed the wallets and will not allow withdrawal for months

I think we need to locate the owners full name and address and bring forth legal action against him for financial losses.

[PingGermoco]

Thats sad to know that poloniex is doing this to their long time users,we cant prevent this to happen maybe they will close in the near future.

[Reader.]

I've Livecoin account which has so far been good but doesn't carry some alts I wanted
Have Binance account which won't let me withdraw two coins at the moment, due to "maintenance"
Have a Bittrex account where I'd like to consolidate all coins but not sure what to do at this point..................shit.......

[nutildah]

XDN
XCN
BBR

all confiscated on polo

they have closed the wallets and will not allow withdrawal for months

I think we need to locate the owners full name and address and bring forth legal action against him for financial losses.

Damn that really sucks. Sorry to hear about that. The name of the owner is Tristan D'Agosta:

https://bitcointalk.org/index.php?topic=817310.0

He goes by the moniker Busoni, and you gotta love his Trust Rating. Probably why he stopped posting here:

https://bitcointalk.org/index.php?topic=420836.0

For the record, they released about half of my money so far, but only after I added this gem to my support ticket:

"Can't you at least have the courtesy to explain to me why you are making my life a living hell?

You don't understand the depths of the direness of my financial problems right now. Why are you compounding them without explanation? What's going on over there? Federal investigation? Exit scam? Both??? Why not a PEEP from you guys despite the fact that your Support section says that you will notify customers within 24 hours after receiving a support ticket? That's obviously untrue and a lie and legally actionable. I've screenshotted all of your rules and I will demonstrate in court how you violated your own Terms of Service by refusing to release my funds or at least address the reasoning why you aren't releasing them."

So yes, threatening legal action is seemingly the only way to get their attention. They're still sitting on several hundred dollars worth of my coins though.

[glaciercapital]

XDN
XCN
BBR

all confiscated on polo

they have closed the wallets and will not allow withdrawal for months

I think we need to locate the owners full name and address and bring forth legal action against him for financial losses.

Thank you for these warnings. I had just opened a poloniex account, this is why diversifying exchanges is so important. Scary how much power the exchanges still have over the industry

[seek4dream]

XDN
XCN
BBR

all confiscated on polo

they have closed the wallets and will not allow withdrawal for months

I think we need to locate the owners full name and address and bring forth legal action against him for financial losses.

Thank you for these warnings. I had just opened a poloniex account, this is why diversifying exchanges is so important. Scary how much power the exchanges still have over the industry

Poloniex used to be the best choice to trade cryptocurrency for a long time.
They gradually lose their reputation is the past year.
I'd suggest you not trade there if you haven't yet.

[jesterRPG]

I transferred ETH to my ETH address and it's just sitting there and hasn't been transferred to my account wallet. Their customer support is non existent.

[左]

Sounds bad, but their customer service has always been really bad imo. I had to wait 2 months before I heard something back from them, and this was years ago.

[pentol86]

thanks for warn us, i used poloniex for exchange burst coin, not used for other transaction

[cryptohunter]

XDN
XCN
BBR

all confiscated on polo

they have closed the wallets and will not allow withdrawal for months

I think we need to locate the owners full name and address and bring forth legal action against him for financial losses.

Damn that really sucks. Sorry to hear about that. The name of the owner is Tristan D'Agosta:

https://bitcointalk.org/index.php?topic=817310.0

He goes by the moniker Busoni, and you gotta love his Trust Rating. Probably why he stopped posting here:

https://bitcointalk.org/index.php?topic=420836.0

For the record, they released about half of my money so far, but only after I added this gem to my support ticket:

"Can't you at least have the courtesy to explain to me why you are making my life a living hell?

You don't understand the depths of the direness of my financial problems right now. Why are you compounding them without explanation? What's going on over there? Federal investigation? Exit scam? Both??? Why not a PEEP from you guys despite the fact that your Support section says that you will notify customers within 24 hours after receiving a support ticket? That's obviously untrue and a lie and legally actionable. I've screenshotted all of your rules and I will demonstrate in court how you violated your own Terms of Service by refusing to release my funds or at least address the reasoning why you aren't releasing them."

So yes, threatening legal action is seemingly the only way to get their attention. They're still sitting on several hundred dollars worth of my coins though.

I know people with 100's of thousands of dollars trapped there.

they need to re open for withdrawal bbr, xdn and xcn else this page will stay on page 1.

Glad they released some of your funds

[Nerman]

XDN
XCN
BBR

all confiscated on polo

they have closed the wallets and will not allow withdrawal for months

I think we need to locate the owners full name and address and bring forth legal action against him for financial losses.

Thank you for these warnings. I had just opened a poloniex account, this is why diversifying exchanges is so important. Scary how much power the exchanges still have over the industry

Poloniex used to be the best choice to trade cryptocurrency for a long time.
They gradually lose their reputation is the past year.
I'd suggest you not trade there if you haven't yet.

I do not know if the accusations of exit scam is true, but if it is true,  since Poloniex is one of the well known trading platform in the market it will be a disaster. There could be possible law suits from its users.

This type of complain should be addressed right away specially they are dealing with peoples money.

No wonder why they are reputation.

[forcrypto]

I have a legacy account since 2013 and after hearing about them having legacy account owners to upgrade to verified with documents, I have been withdrawing around $2k in ETH each day. So far everything has been going through.

For the IP ban, few months ago they gave me a 24 hours IP ban because I was logging in from different devices in different location.

I'm still going to use Poloniex and get my documents in. Hopefully everything will be resolved for you. Good luck.

[nutildah]

I think we need to locate the owners full name and address and bring forth legal action against him for financial losses.

Damn that really sucks. Sorry to hear about that. The name of the owner is Tristan D'Agosta:

https://bitcointalk.org/index.php?topic=817310.0

He goes by the moniker Busoni, and you gotta love his Trust Rating. Probably why he stopped posting here:

https://bitcointalk.org/index.php?topic=420836.0

I know people with 100's of thousands of dollars trapped there.

they need to re open for withdrawal bbr, xdn and xcn else this page will stay on page 1.

Glad they released some of your funds

Yeah they are a total horseshit company and I don't recommend anybody use them.

I do recommend everybody withdraw their funds immediately before the panic really sets in, because after it does, and it comes to light that they indeed practice fractional reserve banking and are on the verge of an Exit Scam, your coins will also be as good as gone, because they will actually, indeed, already be gone.

Its obvious they don't have the amount of coins they claim is traded on their site on a daily basis. You'd have to be a complete moron to remain oblivious to this.

[ulhaq]

If you are a legacy account and didn't send a required documents for proper verifiction, your limit would still be $2000. If the limit of $2000 limit still not changed, it means they didn't process your application yet. In terms of support, i agree that their costumer service really sucks just like yobit. If you can afford to go to US you can sue them. Make sure you bring your proper documents and hire a good lawyer.

It costs more than $2000 to hire a lawyer in the US.

[jesterRPG]

Not true, I can use my lawyer that I pay $25 a month for.

Legalshield

[nutildah]

It costs more than $2000 to hire a lawyer in the US.

https://en.wikipedia.org/wiki/Pro_se_legal_representation_in_the_United_States

I've done it before. I've won in court before.