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Author Topic: [2014-10-25] CD: Bitcoin Exchange Cryptsy Faces Lawsuit  (Read 1266 times)
LiteCoinGuy
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October 25, 2014, 05:55:42 AM
 #1

Bitcoin Exchange Cryptsy Faces Lawsuit Over Customer Account Breach

A Florida law firm is pressing charges against digital currency exchange Cryptsy, accusing the company of fraudulent business practices and negligent security measures.

http://www.coindesk.com/cryptsy-lawsuit-customer-account-breach/

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LiteCoinGuy
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October 25, 2014, 06:25:08 AM
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California businessman and cryptocurrency trader, Skye Bonow, has decided to file suit against the world’s #1 altcoin exchange, Cryptsy, after having his own personal computer compromised.

In court documents filed yesterday in the 15th Judicial Court of Florida, Silver Law Firm alleges that Cryptsy violated the state’s Deceptive and Unfair Trade Practices Act by failing to provide critical information regarding security risks and customer fund management protocols.

http://altcoinpress.com/2014/10/california-man-has-computer-hacked-then-blames-crypto-exchange/

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October 25, 2014, 09:51:34 AM
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Only in America...

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October 25, 2014, 10:20:50 AM
 #4

after having his own personal computer compromised.


Hmmmmmmmm Undecided
aigeezer
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October 25, 2014, 12:28:12 PM
 #5

This Skye Bonow? Woot! https://twitter.com/skyecap

One of those pages you might want to see before someone changes it.          Wink
Rannasha
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October 25, 2014, 03:33:59 PM
 #6

They're not just suing Cryptsy for having poor security, they're claiming that Cryptsy is actively involved in the theft and that the "online cryptocurrency trading platform" is just a guise.

I don't think they have a big chance of winning this ^^

Quote
This action seeks to compensate Plaintiff for the theft of his Bitcoin, an act of complex design, perpetrated upon him by Defendants under the guise of an online cryptocurrency trading platform created and deployed by Defendants specifically to induce the public, including Plaintiff, to transfer Bitcoin to Defendants for Defendants’ later misappropriation and use.
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