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Author Topic: Class action against bittrex, stop loss failed  (Read 51 times)
Eron the true
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March 30, 2018, 01:26:50 PM
 #1

Hi everybody,

I'm very upset about all these scams on big exchanges with no justice.
I saw that lot of people lost their money on Bittrex because the stop loss / Sell limit did not work.
I've lost near 0,35 BTC after the ZCL fork because the stop loss / sell limit failed despite the fact that I set a wide spread, in order to counterbalance volatility.
After opening a ticket, they said that they can't do anything for me.
Bittrex are just hiding themselves behind the "market volatility" excuse, but the truth is that their platform software doesn't work, and they are responsible for that.
I want to gather people that were in the same case, with proofs (like screenshots) to raise a class action against Bittrex' scammers.
We live in free countries and have rights, we don't live in North Korea !
If we gather our forces we can succeed to have our rights respected.
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spamsucks
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April 02, 2018, 06:07:44 PM
 #2

Hi everybody,

I'm very upset about all these scams on big exchanges with no justice.
I saw that lot of people lost their money on Bittrex because the stop loss / Sell limit did not work.
I've lost near 0,35 BTC after the ZCL fork because the stop loss / sell limit failed despite the fact that I set a wide spread, in order to counterbalance volatility.
After opening a ticket, they said that they can't do anything for me.
Bittrex are just hiding themselves behind the "market volatility" excuse, but the truth is that their platform software doesn't work, and they are responsible for that.
I want to gather people that were in the same case, with proofs (like screenshots) to raise a class action against Bittrex' scammers.
We live in free countries and have rights, we don't live in North Korea !
If we gather our forces we can succeed to have our rights respected.


The problem you will find is the arbitration clause. It means you agreed to not sue them in court and that you cannot take part in a class action against them.


If the courts view this agreement as a browsewrap agreement is up to a court, but seeing how they almost never do will not bode well.

All the power to you however... good luck
Sar elok
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April 03, 2018, 03:28:50 AM
 #3

Hi everybody,

I'm very upset about all these scams on big exchanges with no justice.
I saw that lot of people lost their money on Bittrex because the stop loss / Sell limit did not work.
I've lost near 0,35 BTC after the ZCL fork because the stop loss / sell limit failed despite the fact that I set a wide spread, in order to counterbalance volatility.
After opening a ticket, they said that they can't do anything for me.
Bittrex are just hiding themselves behind the "market volatility" excuse, but the truth is that their platform software doesn't work, and they are responsible for that.
I want to gather people that were in the same case, with proofs (like screenshots) to raise a class action against Bittrex' scammers.
We live in free countries and have rights, we don't live in North Korea !
If we gather our forces we can succeed to have our rights respected.


The problem you will find is the arbitration clause. It means you agreed to not sue them in court and that you cannot take part in a class action against them.


If the courts view this agreement as a browsewrap agreement is up to a court, but seeing how they almost never do will not bode well.

All the power to you however... good luck

Before following something, it's good we read its requirements in advance. If you have this, we can not do anything anymore. In addition to the circumstances will be resigned. If they brought to court, we will lose out.

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April 03, 2018, 11:29:14 AM
 #4

Bittrex are just hiding themselves behind the "market volatility" excuse, but the truth is that their platform software doesn't work, and they are responsible for that.
I want to gather people that were in the same case, with proofs (like screenshots) to raise a class action against Bittrex' scammers.
We live in free countries and have rights, we don't live in North Korea !
If we gather our forces we can succeed to have our rights respected.
You might want to read the "Terms"... specifically clauses #18 and #19...

18. INDEMNITY
You agree to defend, indemnify, and hold harmless Bittrex and our affiliates, independent contractors and service providers, and each of our respective officers, directors, members, employees, agents, and affiliates (collectively, “Indemnified Parties”) from any claim, demand, action, damage, loss, cost or expense, including without limitation reasonable attorneys’ fees, arising out or relating to (a) your use of, or conduct in connection with, our Services; (b) any Feedback you provide; (c) your violation of these Terms; or (d) your violation of any rights of any other person or entity. If you are obligated to indemnify us, we will have the right, in our sole discretion, to control any action or proceeding and determine whether we wish to settle it, and if so, on what terms.

19. LIMITATION OF LIABILITY
THE INDEMNIFIED PARTIES SHALL HAVE NO LIABILITY FOR, AND YOU RELEASE THE INDEMNIFIED PARTIES FROM, ALL DAMAGES, COSTS AND LIABILITIES ARISING FROM OR RELATED TO YOUR USE OR INABILITY TO USE THE SERVICES OR BITTREX MATERIALS, INCLUDING WITHOUT LIMITATION ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, ECONOMIC, SPECIAL OR PUNITIVE DAMAGES OR DAMAGES FOR LOSS OF DATA, EVEN IF AN INDEMNIFIED PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL THE AGGREGATE LIABILITY OF THE INDEMNIFIED PARTIES, WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE, WHETHER ACTIVE, PASSIVE OR IMPUTED), PRODUCT LIABILITY, STRICT LIABILITY OR OTHER THEORY, ARISING OUT OF OR RELATING TO THE USE OF OR INABILITY TO USE THE SERVICES AND/OR CONTENT EXCEED THE FEES PAID BY YOU TO BITTREX DURING THE 12 MONTHS IMMEDIATELY PRECEDING THE DATE OF ANY CLAIM GIVING RISE TO SUCH LIABILITY. The foregoing disclaimer of warranties, disclaimer of certain damages and limitation of liability will apply to the maximum extent permitted by applicable law. The laws of some states or jurisdictions do not allow the exclusion of implied warranties or the exclusion or limitation of certain damages. To the extent that those laws apply to these Terms, the exclusions and limitations set forth above may not apply to you.

Which basically state that you won't (can't) hold Bittrex liable for any losses incurred by using their services... which seems to be exactly what has happened. *shrug*

Good luck with your lawsuit.

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