New Exit Scamming Exchange?

[matchi2011]

Bad news guys and girls, I'm getting a 504 Error again.

Try it again, just like others me as well can verify that the site is working and not showing any error message. If you have doubts with them now, you should move your funds somewhere you are confident with.

Better doing that instead of worrying about your funds if you have it inside this exchange. There's always other options that you can take if you don't feel secure with such exchange then moving your funds is the best option for your money. There's no conclusive information regarding to this claim and the site still working.

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[joniboini]

It is nearly impossible to pinpoint the reason as we don't know the rest of data. Which is why there should be a change in the market, either an increase of transparency (like full disclosure of the address that was used for a cold-storage), or an increase of user control of their funds (using something like sc to control the funds so).

If something similar happens again in the future, at least user can withdraw their funds without accessing the exchange.

[coin-investor]

Bad news guys and girls, I'm getting a 504 Error again.

Try it again, just like others me as well can verify that the site is working and not showing any error message. If you have doubts with them now, you should move your funds somewhere you are confident with.

Better doing that instead of worrying about your funds if you have it inside this exchange. There's always other options that you can take if you don't feel secure with such exchange then moving your funds is the best option for your money. There's no conclusive information regarding to this claim and the site still working.

I have not made an exchange on Graviex, although I have an account here, but it's a cause of alarm, every time there is the news of hacking or exit scam, is a cause of alarm in the community, with this kind of news about that exchange it's better to get your funds out there, we should monitor all the activities of the exchange that we are using.

[hello_good_sir]

The digital currency exchange Graviex.net has been down for some hours now with a 502 Bad Gateway Error, it may be in the process of being an exit scam. Please be warned. Any news or thoughts on what might be going is more than appreciated. Thanks.

Seems like that they have resolved all the issues with the hacker: https://twitter.com/graviex_net/status/1211572788055724032

Anyways, the site is online and I think that they are even launching new trading pairs or interfaces on their mobile app. So it does seem that all is well. If anyone that uses Graviex can confirm that everything is as per normal that would be obviously greatly appreciated.

Still though, be careful with using these smaller exchanges because they can exit scam at any second. Especially the unregulated ones, or even regulated ones in another jurisdiction different to your own.

[alyssa85]

Oh thats terrible.. Isn't this the usual recipe for an exit scam?

It sounds more like they're beinhg DDOS'd.

Any error page starting with 50x means the servers are overloaded - so 504 errors or 503 errors mean that the server is overloaded. Whereas error pages starting with 4xx mean the page has been removed by the website owner.

So the problem is external, they're under attack. Whereas exit scams are internal - the owners of the site simply shut it down and leave.

[sunsilk]

Bad news guys and girls, I'm getting a 504 Error again.

Try it again, just like others me as well can verify that the site is working and not showing any error message. If you have doubts with them now, you should move your funds somewhere you are confident with.

Better doing that instead of worrying about your funds if you have it inside this exchange. There's always other options that you can take if you don't feel secure with such exchange then moving your funds is the best option for your money. There's no conclusive information regarding to this claim and the site still working.

By the time he posted the problem it's during the attack/ddos and that's what made him think that it's a probable exit which can everyone think of if his funds was at stake.

It's a mixed emotion from him because his funds was affected but anyway it's all good unless he replies and verifies that he has his funds already.

[Mahanton]

Oh thats terrible.. Isn't this the usual recipe for an exit scam?

It sounds more like they're beinhg DDOS'd.

Any error page starting with 50x means the servers are overloaded - so 504 errors or 503 errors mean that the server is overloaded. Whereas error pages starting with 4xx mean the page has been removed by the website owner.

So the problem is external, they're under attack. Whereas exit scams are internal - the owners of the site simply shut it down and leave.

They are indeed being DDOS'ed yet i do able to access this exchange as of this moment. Wait? Is this really an exchange? I thought this one is a school project.LMAO.
For those who do have funds into this exchange then its better to secure it out and pull it out while they can.Why people do really fan on using up unknown exchange yet
their are more better options ?

[examplens]

Something weird is on this exchange. I am withdraw assets from there when I read this topic and today I received email confirmation about coin transfer even if already receive my withdrawals.
Probably is nothing serious, but problem is obvious.

[cabron]

People got so paranoid when it comes to exit scam of exchanges that a short period of downtime will be posted in the forum a rumor of exit scam. Cryptopia effect had really made us actively warning each other about what could happen because it wasn't just the exchange that did it. There is also coinexchange and I so this isn't ready to go away in our minds as early as possible.

[dunfida]

People got so paranoid when it comes to exit scam of exchanges that a short period of downtime will be posted in the forum a rumor of exit scam. Cryptopia effect had really made us actively warning each other about what could happen because it wasn't just the exchange that did it. There is also coinexchange and I so this isn't ready to go away in our minds as early as possible.

A way more earlier specially to those big exchange hacks happened in the past.When downtime happens then it cant really be avoided for people to think up this way.
Panic would comes next so i cant blame why people do easily react even on a small downtime.By looks of this exchange i dont already have trust.

[cabron]

People got so paranoid when it comes to exit scam of exchanges that a short period of downtime will be posted in the forum a rumor of exit scam. Cryptopia effect had really made us actively warning each other about what could happen because it wasn't just the exchange that did it. There is also coinexchange and I so this isn't ready to go away in our minds as early as possible.

A way more earlier specially to those big exchange hacks happened in the past.When downtime happens then it cant really be avoided for people to think up this way.
Panic would comes next so i cant blame why people do easily react even on a small downtime.By looks of this exchange i dont already have trust.

A reason why coins to be hold are not meant to be stored on exchanges. They wouldn't be trusting Graviex as well since this is just a small exchange, its a wonder why some users get to sign up to this exchange when there are bigger ones out there. Small exchanges are the scariest to use, its like they are just waiting for a big amount of BTC to come in before they will start freezing an account just like what happen to cryptex scam.

[smyslov]

Bad news guys and girls, I'm getting a 504 Error again.

Try it again, just like others me as well can verify that the site is working and not showing any error message. If you have doubts with them now, you should move your funds somewhere you are confident with.

The exchange is live again, this is really one of the risk of every exchange, they are subject for attack if they can target big exchange, what more on small exchange, I'm glad that they have countered the attack, and if you don't have confidence on small exchange on it's security then go for big ones, but Graviex seems, can handle the situation.