Mullick, are you/Cryptsy aware that Garza has been dumping hundreds of thousands of xpy on your exchange? And more importantly do you care?
We have filed all the paperwork we are legally required to about such transactions. It would be illegal for us to stop them
And yes we care. Which is why we wanted to stop at least one prime node from dumping its coins
Im not the person to talk to about those type of legal matters though. Thats another department
It wouldn't be illegal to just take the fucking coin off the market. You guys are like a Rite Aid rationalizing selling meth over the counter because it's suddenly legal. You know it's bad for everyone involved, but hey, it's legal. Who cares if the people buying it are cashing in their children's college funds and believing that it's going to give them the ability to breathe underwater/fly?
Exactly how far on the wrong side of this do you guys want to be? Delist the coin. There's no excuse for further trading it. You shouldn't list any coin where anyone involved with it is under investigation, first and foremost. You're acting as a direct conduit from scam to payout.
Stop. Doing. That.
Help me out here who is under investigation that is involved with XPY?
LOL
It's a serious question.
Jan 20, 2015
The Securities and Exchange Commission (SEC) has opened an investigation of GAW Miners and its CEO Josh Garza, according to CoinFire, a Bitcoin news site, which on Tuesday cited 1,000 pages of a [leaked] investigation file."
GAW was first introduced to the Bitcoin public around a year ago, and first came about re-selling Bitcoin mining rigs. Later, the company shifted to cloud-based mining, and more recently, it introduced its own altcoin, dubbed Paycoin. GAW also runs its own cloud-based wallet service (Paybase), its own cloud-based mining service (ZenMiner) and its own online discussion board (HashTalk).
For months, there has been active speculation amongst the Bitcoin community that GAW may be a scam, or at least could be engaged in illegal behavior....
http://arstechnica.com/tech-policy/2015/01/20/bitcoin-startup-gaw-miners-reportedly-under-sec-investigationOld news is old, how soon will they arrest him?