Another One Bites The Dust: Cryptsy Edition

The altcoin exchange known as Cryptsy finally went full Gox after more than a year of warnings. Reports then came in that the company moved out of their office without any notice to users. Yesterday divorce proceedings involving the exchange's proprietor, Paul Edward Vernon, were posted to Bitcointalk leading to speculation that the civil court has frozen all of the proprietor's assets including Cryptsy's cold wallet until divorce proceedings have finalized. Cryptsy has acted irresponsible in regards to its users, and has yet to make a public statement of any kind regarding its situation.

2 thoughts on “Another One Bites The Dust: Cryptsy Edition

  1. More:

    They've been running the clients on the same machine with no isolation? What could possibly go wrong!

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