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....
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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....
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....
Florida Law Firm, Silver Law, has filed lawsuits against two Bitcoin companies on behalf of users who claim damages due to either company negligence or intentional intent malice. The Cryptsy lawsuit is the more interesting of the two, as Bitcoin Savings & Trust's Ponzi scheme was revealed so long ago even the SEC has officially dubbed it as such. Silver Law's press release unfortunately lumps the two companies together, even while the alleged actions of the two are far different. Silver Law, on behalf of its client, Skye Bonow, accuses Cryptsy of exaggerating its security protocols and....
A user on Reddit just explained that he was able to withdraw 60 Bitcoins from Cryptsy even though his balance was 0. His current balance is now -60. This guy must be one of the most honest Bitcoin users out there, letting Cryptsy know about the failure and even sending the Bitcoins back. As he says, it is someone elses Bitcoins. Creds for this guy. He writes: I have sent back the 60 BTC I was mistakenly able to withdraw from Cryptsy. If this affected you too, please do the same. Don't take someone else's bitcoin. Xmas is coming up : ). We advice all of our readers to withdraw their OWN....
A browser extension for Google Chrome is reportedly capable of stealing bitcoin and other altcoins from its users. Called the 'Cryptsy Dogecoin (DOGE) Live Ticker' in the Chrome Web Store, the extension is susceptible to updates that begin monitoring visits to cryptocurrency exchanges and wallet sites. A representative from Cryptsy has told CoinDesk that the exchange is not affiliated with the extension in any way. The warning about the extension was posted on reddit, along with the following advice: "Be careful of what you install on your devices you use to access your wallets." How it....