Is true free market compatible with regulation? I'd say no. I think crypto is on the "right" track at this stage despite all the scams, etc.
FWIW for Mintpal:
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Dear MintPal Customer,
A few months ago, MintPal Exchange, the popular cryptocurrency exchange, fell apart due to alleged fraud and embezzlement by a con artist going by the name "Alex Green"/Ryan Kennedy/Ryan Gentle, CEO of Moolah LTD. Moolah was responsible for management of MintPal at the time.
As a shareholder of the company that acquired MintPal prior to its fallout, I have gained access to the old servers of MintPal where Monero keys were stored. Monero is the only major altcoin where all wallet balances are still intact, presumably due to an oversight by Ryan. All other major altcoin wallets appear to be empty. There is a criminal investigation ongoing regarding Moolah and Ryan Kennedy/Gentle, and we are working with law enforcement to seek retribution for our customers.
It took me some time due to all the legal hurdles surrounding this case to send you this email, and while the criminal and civil cases against Ryan are far from over, I no longer wish to remain the custodian of coins that belong to you.
The recovered database indicates that you have Monero coins in your MintPal wallet. In order to process the withdrawal of these coins, please respond to this email by Mar 31 and include the following information:
1) Your new Monero deposit address in your sole control where I can return your coins.
2) Payment ID associated with the deposit address.
3) Estimated amount of XMR coins in your MintPal wallet. Leave blank if you can't remember. I have your record from the MintPal database back up taken prior to migration to V2.
Regards,
Ferdous
https://twitter.com/ferdousbha-----BEGIN PGP SIGNATURE-----
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