The same thing happened to me.
This is the reply I received from Yobit:
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2018-07-11 12:44:20 matveevka
Dear user!
A denomination on LIZA was produced at May, 29.
There was a message on the official Twitter more than 24 hours before:
https://twitter.com/YobitExchange/status/1001017986During denomination balances were divided by 100 m (one hundred million),
the price after the opening of trading rose approximately by the same order.
Old rate-1 liza = 0.00000002 eth = 0.0000000016 (8 zeros) btc = 0.16 btc satoshi
New / current rate-0.14 btc
If we divide the current rate to a 100m denomination multiplier -
0.14 / 100m = 0.0000000014 btc = 0.14 btc satoshi, which is slightly different from the price before the denomination.
Therefore, all your funds are safe.
Old investments in InvestBox were canceled due to overload core Investbox by small investments.
If this is not done, users with a large number of small investments would lose their funds.
Therefore, all funds were returned to balance, investments were closed, and then the denomination was made.
As a result, you have not lost anything: zeros were removed, but the rate remained at the same level.
Sincerely, Yobit support.
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#1 On May 28th, the value of LIZA Coin was 0.00000001 BTC (1 satoshi). If Yobit decreased denominations by a factor of 100,000,000 then it would need to increase price by the same amount (in this instance 0.00000001 BTC x 100,000,000 = 1 BTC). So, LIZA Coin would have had to be equal to 1 Bitcoin (The cryptocurrency benchmark and highest priced coin in the world). Yobit only allows me to see the price on May 30th (which is .47 BTC, not 1 BTC). I'm unable to confirm whether or not the price ever equated 1 BTC. If not, Yobit did not increase the price by a factor of 100,000,000.
#2 If the price did indeed reach 1 BTC (0.00000001 BTC x 100,000,000), then my initial purchase price on February 16th, 2018 of .00000578 BTC would need to rise to 578 BTC (.00000578 x 100,000,000) in order to maintain market value, given that the amount of approximately 6,133 LIZA Coins was divided by 100,000,000 = .00006133 LIZA Coins. However, as far as I can tell, the price was never increased by a factor of 100,000,000 to begin with - an increase which would have made LIZA Coin equal to the price of Bitcoin. Again, as on May 28th LIZA Coin was 0.00000001 BTC (1 Satoshi), so 100,000,000 times 0.00000001 = 1 BTC). On May 30th, the price reached .47 BTC (still making LIZA Coin the 2nd most valuable coin in the world, after Bitcoin). As expected, after the involuntary LIZA Coin Amount denomination decrease of 100,000,000 and the spike to .47 BTC, there was a massive sell-off resulting in the current LIZA Coin price of 0.00321999 BTC (instead of the 578 BTC I would need for fair market value) roughly about 6 weeks later, today July 11th - when I'm now checking my LIZA Coin Balance.
Let's pick an arbitrary number to hold constant to calculate how much was lost. Let's say that Bitcoin was $10,000 USD then and now. 6,133 LIZA Coins at a rate of 0.00000578 BTC = 6,133 LIZA Coins x $0.0578 USD = $354.48 USD. After the involuntary denomination which reduced my coins by a factor of 100,00,000 the amount of LIZA Coins I have = 6,133 / 100,000,000 = 0.00006133 LIZA Coins. 0.00006133 LIZA Coins x the current market rate (On July 11th 2018, 3:00 EST) of 0.00300100 BTC ( Again, holding Bitcoin constant at $10,000 USD) = 0.00006133 x $30.01 USD = $.00184051.
So the value in USD has decreased from ~$355 USD to ~$0 USD. My investment in LIZA Coin has been reduced to nothing.
In order for it to return to par (the original market value of ~$355 in this scenario where the price of Bitcoin was held constant at $10,000 USD), LIZA Coin would have to achieve the implied price of 100,000,000 x the price (1 Satoshi at that time) = 1 BTC. In my case, LIZA Coin would need to achieve 578 BTC.
Now a whole new set of eager buyers will likely jump at the chance to purchase LIZA Coin at the current market rate of 0.00300100 BTC (which would be $30.01 USD if Bitcoin was $10,000; Actually $21.21 USD given the current Bitcoin Price). Seemingly a bargain given the max rate of .47 BTC ($40,000 USD) on March 30th 2018.
I'm of the mindset that Yobit knew exactly what would happen through this involuntary LIZA Coin Reverse Split of 100,000,000 to 1. As Yobit already decreased the price of LIZA Coin to the lowest allowable amount in cryptocurrency (1 Satoshi = 0.00000001 BTC), it had to find a means to retain the all the funding from those who purchased LIZA Coin. So it orchestrated this involuntary 100,000,000 to 1 Reverse Currency Split (something that only exists with stocks which are securities/assets, NOT currencies) to retain the funding it had already received while simultaneously attracting new investors, unkowing of the fate which is likely to befall them.
This is a perfect example of why Yobit is referred to as a SCAM.
eLOVE
