Cryptsy Has Moved Out of Their Building Unannounced, Nowhere to be Found

Cryptsy Has Moved Out of Their Building Unannounced, Nowhere to be Found

Bitcoinist has received exclusive news regarding Cryptsy that is related to the issues surrounding the cryptocurrency exchange as of late. According to a confirmed source, who wishes to remain anonymous, the company has moved out of the building that housed its headquarters. This move was unannounced, and was discovered accidentally when our source went to the building to visit the team. This news comes in the midst of Cryptsy customers experiencing difficulty withdrawing funds in recent days, with customers taking to social media to express their frustration. Additionally, around three....


Related News

A Timeline of the Cryptsy Disappearance Mystery

Update January 12, 2016: Paul Vernon tweeted that a new phishing scam is targeting Cryptsy customers. Earlier this morning, we reported on the mysterious disappearance of the Cryptsy team from the building housing their headquarters. An anonymous source visited the building to see Paul Vernon, the cryptocurrency exchange’s Founder, and discovered that the building was empty. Upon contacting the building manager, our source learned that Cryptsy had vacated the building several weeks prior. This unannounced move comes in the middle of controversy surrounding Cryptsy, as many customers have....

Cryptsy Announces 1000 BTC Reward for Stolen Coins

Cryptsy is quickly capturing headlines and even being referred to as “the next Mt. Gox.” Things do not seem quite as simple as Cryptsy running away, as the unannounced vacating of their headquarters may have suggested. A new blog post from Cryptsy posted January 14th, claims that the loss of funds did not result from a recent malicious or DDOS attack, nor malicious actions on the behalf of any of the Cryptsy staff, as well as a bounty of 1000 BTC “for information which leads to the recovery of the stolen coins.” Instead, the beginning of these problems happened a year and a half ago, and....

Cryptsy in disarray

The popular cryptocurrency trading site Cryptsy.com has been having some noticeable issues these past few hours. Users of Cryptsy have been reporting negative balances, frozen transfers, suspended withdrawals. Speculation is that a recent update is causing the issues. Cryptsy is aware of the issues, but no official statement has been released yet. Who's been hit? I spoke to BlackDogeOfWallSt, one of the developers of BlackCoinPool.com (BCP), which has probably been the hardest-hit community from Cryptsy's problems. BCP has had to delay their payments due to the problems. BCP's payouts have....

Cryptocurrency Exchange Cryptsy Trolled by User: Accused of Stealing, Misbehaving

A random user on Reddit recently accused cryptocurrency trading platform Cryptsy of stealing his funds. "I made an account on cryptsy last year after getting some Dogecoin and traded it for BTC," CRYPTONUMISMATIST narrated. "It wasn't a huge amount of money and I had created a unique login/password and kept the credentials offline so I wasn't too concerned. I log in today, over a year later, because I wanted to withdraw the BTC, and all my coin balances are 0." However, the Cryptsy staff ensured the accuser that his funds were safe and in fact were moved to a secure cold storage due to an....

Cryptsy Founder Paul Vernon May Have Absconded to China

The founder and CEO of now defunct Cryptsy appears to have moved out of the United States to China. There have been few interesting developments in the class action lawsuit filed against Cryptsy by its customers. Paul Vernon, the founder of the now-defunct Bitcoin exchange, is reported to have gone missing amidst an ongoing enquiry. There are indications that he may have moved to China to escape the possible legal repercussions for allegedly mismanaging customers funds, and committing fraud. Bitcoin and scams sometimes go well together. We are well aware that it is not the digital currency....