Court documents suggest that the controversial digital currency exchange Cryptsy was expected to fail weeks before it announced its insolvency.
Court documents obtained by CoinDesk offer new details about an ongoing legal battle involving digital currency exchange Cryptsy CEO Paul Vernon.
Crypsty CEO Paul Vernon told CoinDesk that the exchange did not tell customers about a hack – or tell them to stop depositing funds – to avoid panic.
Amidst a withdrawal freeze and the filing of a class action lawsuit in federal court, Cryptsy has announced that it is insolvent.
Two Florida law firms have filed a class action lawsuit in US district court against the digital currency exchange Cryptsy and its CEO, Paul Vernon.
In this piece, CoinDesk looks at some of the recent problems surrounding the digital currency exchange Cryptsy, including issues with withdrawals.
Digital currency exchange Cryptsy has said that it has taken its trade engine offline, along with a full suspension of user fund withdrawals.
A Florida law firm has filed a suit against digital currency exchange Cryptsy, alleging deceptive business practices.
DigitalBTC and Cryptsy are building a new platform called Mintsy that will offer tradable mining contracts.
The exchange currently trades 157 cryptocurrencies and 70,000 active users, but it hasn't added fiat currency – yet.
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