Here's the reply I got from Cryptorush:
Dear Elokane,
Hello, and thank you for contacting Crypto Rush. No, we will not be able to allow the withdrawal of Zeitcoin or reimburse you their worth in Bitcoin. Due to a problem with a Zeitcoin Daemon update that was released by the ZEIT developers without proper testing, Zeitcoin has been removed from our exchange.
Please see our official statement here:
https://cryptorush.in/documents/ZeitcoinPublicSta...
Please read the Zeitcoin Official Statement here:
http://zeit-coin.com/ZEITofficialstatement.pdfIn reponse to:
The Zeitcoin team does take some responsibility in this issue, however we feel that CryptoRush
being the large exchange that they are would do their due diligence before performing any
upgrades and discuss with the coin developers first hand before implementing such changes.
Their current request is for us to hand over the missing ZEIT to them so they can handle the
reimbursements, however we feel as if our team is competent and capable enough to resolve this
issue between us and the community. CryptoRush has assumed no responsibility for this issue
even though there were no issues on any other exchanges (CoinEx, Bittrex, UseCryptos,
Pmtocoins) that supports Zeitcoin trading.
We do believe that one other exchange was affected (CoinEx), as they halted trading of ZEIT for 2 days.
A full description of the events as they occurred are as follows:
1. The Zeitcoin Developers updated their github source, and we updated our daemon in response as we do with all coins.
2. At least 24 hours passed before it was realized that a TX fee bug in their update was present.
3. We worked with them to fix the bug and a solution was found.
4. Upon updating to the fixed daemon, all zeitcoin transactions during the time of the bug were reversed by the daemon, but the BTC transfers were not effected. This reversal was not realized until later.
5. Users withdrew coins that no longer belonged to them, gaining both BTC and ZEIT from the Zeit wallet reversal.
TL;DR: The Zeitcoin daemon update reversed internal trades, allowing users that had sold coins to withdraw them, while keeping the BTC.
We are in the process of contacting the Zeitcoin devs in order to supply them with any information they need.
Due to the issues with Zeitcoin as per our public statement, you can no longer withdraw ZeitCoins. Please refer to the Zeitcoin public statement
http://zeit-coin.com/ZEITofficialstatement.pdf which aims to help users who were affected to get back their coins by emailing
zeitloss@zeit-coin.com . To reiterate, there are no Zeitcoins left on this site and they refuse to give us the money to pay you. You must contact them directly.
Sorry for the delay and inconvenience.
Your Crypto Rush Support Team,
I am sorry for your 164,000,000 ZEIT. At what price did you buy them? You should threaten them if they don't pay back the equivalent in BTC that you will raise all hell in forums. Most other people I heard from here "only" lost a few million, but I think you lost the most. Hope you get part of it back, either from the fund that is set up here or through the rotten exchange.
Poll
