Tag: cryptsy

Cryptsy Hit With Class Action Suit in Florida

A class action lawsuit has been filed against digital currency exchange Cryptsy. Paul Vernon, CEO of Cryptsy, has also been named in the suit. The complaint has been filed in the southern district of Florida by Wites & Kapetan P.A. and the Silver Law Group. The two law firms have filed on behalf of Jinyao Liu, and other plaintiffs, who allege that Cryptsy has been withholding their funds and has …
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Altcoin exchange Cryptsy suspends trading for a bit

In the last couple of months, famous digital currency exchange Cryptsy has been target to a wide variety of rumours pointing towards scamming, insolvency, user withdrawal problems and many other issues. Recently, Cryptsy has decided to suspend its trade engine. The information was released by Cryptsy, which posted a message on its main page reading: “Trade engine and withdrawals paused while we investigate cause of lag. Your patience is appreciated. …
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For Some Reason People Are Still Depositing Funds To Cryptsy

Over the past few weeks, it has become apparent that digital currency exchange Cryptsy is facing some serious problems. While the official word is that the site is under DDoS, and hardware upgrades are being implemented to cope with the growing demand, a lot of Bitcoin community members feel this exchange is turning into a new Mt.Gox. After all, users can still deposit funds to Cryptsy, but withdrawing has not …
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BrandMeCrypto – Diluting The Bitcoin Brand For “PR Purposes”

Whether you want to admit or not, Bitcoin has some branding and public relations issues. Unfortunately for Bitcoin enthusiasts all around the world, our beloved digital currency will always be associated with major scandals, such as Mt. Gox. On top of that, there is so much negative focus on Bitcoin from mainstream media regarding its price, making it even harder to gain worldwide adoption. But do we really need a …
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