I am taking a poll to decide the fate of the Cryptsy Prime Controller. Why a poll? Because though a few outspoken forum members wish us to destroy it we would like to be sure that the majority feel this should be the fate.
Some members felt that we should also de-list the coin due to Mr Garza's involvement. At this point it is my opinion that the only people affected by such a move would be the current stakeholders who would lose a large amount of value in their holdings. So at this time a de-listing is unlikely.
To reiterate the only dealings Cryptsy has had with Mr Garza was as a customer. There was no formal relationship. I can assure you all legal steps taken in regard to that situation have been taken. Most of you realize we cannot release more information than that for legal reasons.
We will leave the poll up for a week or two. Thanks for your participation.
Click Here to vote
Some members felt that we should also de-list the coin due to Mr Garza's involvement. At this point it is my opinion that the only people affected by such a move would be the current stakeholders who would lose a large amount of value in their holdings. So at this time a de-listing is unlikely.
To reiterate the only dealings Cryptsy has had with Mr Garza was as a customer. There was no formal relationship. I can assure you all legal steps taken in regard to that situation have been taken. Most of you realize we cannot release more information than that for legal reasons.
We will leave the poll up for a week or two. Thanks for your participation.
Click Here to vote
"No formal relationship" - You mean aside from the fact that Cryptsy CTO was apparently BFF's with Josh Garza and talked about "cupping his balls" all the time?
Ill have to look but I do not believe Marshall was the CTO at that time he has recently joined the company. Bryant was our CTO when we added XPY.
So it is not at all concerning to you that Marshall Long has a pre-existing close relationship with a known scammer/tax evader/money launderer???
Not really my lane as far as hiring though the "close" relationship aspect does not show collusion. Many in this community, and this forum spoke with MagicalTux (Knaples) only to later learn he was not a good person. If we knew at the time that XPY would turn into such a catastrophe we would not have carried it. At this point however the harm would be to the folks that he fleeced not the suspect himself. So who do you want punished?
Well, there's an easy way to help mitigate the damages that Cryptsy has played an integral part in: DELIST THE FUCKING COIN. If you do not do this, you might as well paint a big red fucking target on Cryptsy for all the alphabet agencies to fixate on, and as far as I'm concerned you will be complicit in any future criminal acts that Josh Garza commits (ignoring for the moment that Cryptsy has apparently aided and abetted money laundering for Josh's operation for quite some time). Why is this even a discussion for you? Can you not see how bad this makes your company look???
Again de-listing the coin only harms the current stakeholders not the individual you want to hurt. It is also listed at other exchanges. As far as the complicit I have already stated we took the appropriate and only legal action we are allowed to take in regards to that situation.
On another note: I have not spoken to the boss in regards to de-listing if it wins the poll we will have a serious discussion on that matter.
John, I appreciate the fact that you are responding. I hope that you will take these concerns very seriously. The ship has sailed for the XPY bagholders. They already lost like 90+% of their investments. This is about crippling Josh Garza's ongoing scam operations and ensuring that this disaster comes to a close. This coin will never lose the taint of Josh Garza, no matter how many hillbilly priests take over the coin and anoint it with holy water. If you want to do the right thing, the right thing is: delist (coin), destroy (prime controller), denounce (Josh and GAW). To do anything else is folly.
You make some great points and I appreciate the candid discussion. Probably one of the better written responses I have seen
I think you will get the majority if not all of those requests. I just want the folks to be able to get in their 2 cents before we make a unilateral move that may affect the bagholders. One of the reasons we generally don't de-list coins is we feel that removing even a horribly performing coin is bad for the customer so we keep them. I think de-listing coins perpetuates the pump and dump mentality.