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Cryptsy Makes Deal With Hackers to Return STOLEN 13,000 BTC, Pays 13% Fee To the Culprit

3/13/2016

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This is a totally bizarre story from Cryptsy. A PDF has been posted of a contract that Big Vern (Paul Vernon) signed, in Florida, for getting the 13,000 lost coins that were reported hacked. The deal is to pay 1750 BTC for that, with contingencies to get the lost LTC and other litecoins._

Why anybody would trust trading on that site after all that has happened, I don't know. Since last year we have been warning of issues from Cryptsy.
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    Jonas is a cryptocurrency marketmaker who has years of experience trading Bitcoin on margin as well as derivatives. Follow him on twitter @Bitcoin_Markets

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