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[PSA] Cryptsy is not allowing bitcoin withdrawal. (self.Bitcoin)

dslip が 投稿

Thought the community would like to know that the exchange Cryptsy has not allowed me to withdraw my coins for over two weeks now. First request to withdraw coins was made on the 5th of November, 2015. After a week or so the support staff cancelled the withdrawal request. Re-requested withdrawal and still no coins. On their website it states 'pending'. I can not recommend anyone using Cryptsy for any trading and if you have any coins stored with them, I would recommend requesting the withdrawal of them immediately.

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[–]drewshaver 11ポイント12ポイント  (12子コメント)

Unfortunately this has been repeatedly reported for a few months now. Hope you didn't lose too many coins.

[–]happycomplex 2ポイント3ポイント  (0子コメント)

Unfortunately this has been repeatedly reported for a few months couple years now. Hope you didn't lose too many coins.

This is if you pay any attention to altcoin section on bitcointalk.

Here are three threads from december 2013 talking about lawsuits against cryptsy for similar problems. One guy filed complaint with florida attorney general because cryptsy was not honoring his 63 btc withdrawal.

https://bitcointalk.org/index.php?topic=361514.0

https://bitcointalk.org/index.php?topic=361383.0

https://bitcointalk.org/index.php?topic=361383.0

I'm sure I can find dozens more threads from 2013/2014/2015 about issues with cryptsy if I bothered to search for more than 3 minutes.

[–]dslip[S] 1ポイント2ポイント  (9子コメント)

I searched reddit before depositing the coins too, to try and be sure something like this would not happen. Google search also. Only seemed to turn up comments / articles from 2014. Assumed that it was a isolated incident back then and not an ongoing issue.

If they are not releasing funds then surely someone must be investigating them. Anyone have any info on such an investigation?

[–]DrCrypto 7ポイント8ポイント  (0子コメント)

I searched reddit before depositing the coins too, to try and be sure something like this would not happen. Google search also. Only seemed to turn up comments / articles from 2014.

Remember to sort the results by new, there have literally been tens of posts about it just over the past month. This guy seems to have experienced one of the biggest losses out here and has documented every exchange he had with the support team, who clearly doesn't give a damn.

[–]coinaday 1ポイント2ポイント  (0子コメント)

If they are not releasing funds then surely someone must be investigating them. Anyone have any info on such an investigation?

Well, there was already a report of massive investigations underway before the latest explosion of lack of withdraws. And the Cryptsy defenders derided it because it used unnamed sources and a cache of documents provided to them. I believe the report is accurate, however. But such things move slowly. The report claimed subpoenas coming in early 2016. link ; also, apparently coinfire.io is now 99bitcoins.com ?

[–]drewshaver 0ポイント1ポイント  (0子コメント)

You probably forget to sort your search by new.

https://www.reddit.com/r/Bitcoin/search?q=cryptsy&sort=new&restrict_sr=on&t=all

[–]BeastmodeBisky 0ポイント1ポイント  (0子コメント)

If they are not releasing funds then surely someone must be investigating them. Anyone have any info on such an investigation?

It's been reported that they are under investigation by the US government. However, Big Vern wrote a blog post categorically denying any such investigation. If it turns out that the post was a bold faced lie, I'm curious what the Cryptsy defenders will have to say.

[–]internetnickname 0ポイント1ポイント  (0子コメント)

Welcome to the world of digital currencies - especially when it comes to Cryptsy and the likes of which they have on there. They have been shady for years and years, and people have harped on not using them for years and years, but people continue to do so because there aren't many alternatives. I would get whatever you can off of Cryptsy and never look back.

[–]BitcoinOdyssey 0ポイント1ポイント  (2子コメント)

Cryptsy is dodgy and always has been.

Coins at centralised anything is a risk. Exchanges/Accounts ect...

Trusting strangers with your coins is not very 'bitcoin' but that is what ppl do.

[–]dslip[S] 1ポイント2ポイント  (1子コメント)

Cryptsy is dodgy and always has been.

How do you manage to trade? Magical escrow?

[–]BitcoinOdyssey -3ポイント-2ポイント  (0子コメント)

I risk coins on various exchanges (for short amounts of time to decrease risk. I trust my coins with complete strangers in far off countries and know crying about any loss to others is stupid.

[–]redpola -1ポイント0ポイント  (0子コメント)

With all due respect, you need to research more diligently. Here's a quick search for the simple term "cryptsy". Image I see maybe six or seven scary-looking headlines right there. :(

Edit: just reread your post and noticed the date you requested funds, so you could argue my search not representative. But look what we get going further back... It's been similar as long as I remember reading this sub. :( Image

[–]A__Random__Stranger 0ポイント1ポイント  (0子コメント)

Months? Craptsy has been crap for years.

[–]BitUSD_StableInstant 7ポイント8ポイント  (8子コメント)

How is Cryptsy still in business? No one I know has used it for many months now. They've proven that they're not honest, they don't respond to customers' issues, and there are far better alternatives out there. I never had trouble myself when I used to use Cryptsy, but I can't count the number of horror stories in the last 12-18 months. It's amazing to me that anyone still sends them money. I hope you get yours back.

[–]drewshaver 4ポイント5ポイント  (6子コメント)

They are the only/primary exchange for some esoteric alt-coins, I think that's the only reason some people still use them.

[–]coinaday 2ポイント3ポイント  (0子コメント)

There are still people who simply have faith in Cryptsy and its founders, for some inexplicable reason. I am not one of them.

[–]pgorsira 0ポイント1ポイント  (4子コメント)

anything you can get on cryptsy that you can't get on shapeshift or kraken?

[–]paulmadore 2ポイント3ポイント  (1子コメント)

Yes. Cryptsy is Wal-Mart, ShapeShift is Target. As in, Cryptsy has everything, Target has the good stuff. Or something. Probably a bad example. Point is, Cryptsy will list just about anything. I quit with them when they did that whole Paycoin bullshit. I didn't close my account, however. Later on the Neucoin took place, I sold at a slight profit, and haven't visited since.

[–]evoorhees 1ポイント2ポイント  (0子コメント)

Lol we'll use that in our marketing now ;)

[–]SillyBumWith7Stars 0ポイント1ポイント  (0子コメント)

Have you ever looked at shapeshift's effective fees?

[–]xygo 0ポイント1ポイント  (0子コメント)

Or poloniex, or bittrex, or bter, or.....anywhere else really.

[–]A__Random__Stranger 0ポイント1ポイント  (0子コメント)

How is Cryptsy still in business?

The same reason that other bitcoin scams continue to appear and be successful: people who are too lazy to do their due diligence and people who are too stupid to know that they should.

[–]Chytrik 3ポイント4ポイント  (1子コメント)

I just got all of my coins out, after a lot of hassle. I hope you're able to recover yours! Get them out, and never go back to Cryptsy!

[–]cointastical 1ポイント2ポイント  (0子コメント)

It's almost as if new customer deposits from those unaware of the problem are being used to serve the pending withdrawals -- giving the appearance of some level of solvency. It's obvious they are insolvent at this point.

[–]A__Random__Stranger 3ポイント4ポイント  (0子コメント)

A post from someone today who can't withdraw their BTC from Craptsy is only slightly more surprising than a post from someone today who can't withdraw their BTC from MtGox would be.

[–]BitcoinXio 1ポイント2ポイント  (0子コメント)

This has been going on now for several months, with complaints going back as far as a year. Cryptsy has one of the lowest community bitcoin exchange ratings on our website too. I would stay away from them at all costs.

[–]knircky 0ポイント1ポイント  (0子コメント)

I withdrew 1 btc about a month ago and it took a week

[–]BitcoinCouture 0ポイント1ポイント  (0子コメント)

Yes it's been a few months, they're a fraud

[–]BlockchainMan 0ポイント1ポイント  (0子コメント)

Worked fine on my end before i stopped fucking around with alts.

[–]DasBIscuits 0ポイント1ポイント  (0子コメント)

Could you buy doge or ltc and transfer those out? Worth a shot

[–]DyslexicStoner240 0ポイント1ポイント  (0子コメント)

So Exchange
                Very Insolvent
     Many Tears         
              Such Scam
  Much Losses             Very Criminals
                 So Cryptsy.         Wow.

[–]SillyBumWith7Stars -2ポイント-1ポイント  (0子コメント)

Trade shitcoins, lose your bitcoins (one way or another).