THE GRINCH WHO STOLE CRYPTSY!

Cryptsy a pioneer in cryptocurrency has been under suspicion since it’s launch a couple of years ago. Paul Vernon aka ‘Big Vern’ Founder & CEO seems to have gone off the edge? A recent surge in complaints via internet forums & social media are raising concerns of a possible ponzi scheme with many customers believing the cryptocurrency exchange is insolvent.

Vernon is no newbie to trouble on October 22, 2014 Cryptsy customer Skye Bonow filed suit in Florida claiming to have lost 140 BTC. Since late October 2015 many customers of Cryptsy have not been able to withdraw their Bitcoin holdings. Cryptsy being a registered FinCEN MSB is not in compliance with money service business laws.

Internet searches will reveal dozens of allegations ranging from ‘fraud’ & ‘insolvency’, to ‘outright theft’. In a series of what appears to be stall tactics Cryptsy has reported a DDOS attack to further hold customer Bitcoins with little or no explanation. Cryptocurrency veterans who have seen these signs before are betting it’s Mt. Gox 2.0 just less capital!

@cryptsy MtGox? ~ @cryptonext

It is also rumored that a hacker possibly a ‘former employee’ exploited a vulnerably in Cryptsy’s system helping himself to the most valuable cryptocurrency pairs leaving behind the cheaper altcoins. Hence, why Cryptsy is only allowing withdrawals of altcoins releasing minimal Bitcoin while they possibly build back their reserves?

Regardless of the ‘current’ internal problems at Cryptsy it’s CEO & Customer Service Department have proven to be ‘evasive’ & ‘untrustworthy’ when it comes to handling investor assets. We call out to the cryptocurrency community to continue their run on Cryptsy’s bank until we see resolve!

If by chance ‘YOU’ Paul Vernon happen to read this? With Christmas approaching… What are the ‘REGULAR’ people who trusted you to do with monies in limbo??? Don’t be a grinch!

Also Read> POTCOIN FOUNDER JOEL YAFFE ACCUSED OF FRAUD