...back on topic regarding Cryptsy withdrawals. From reading the chat on their site, people are still having issues. It's been 2 weeks now since no one is able to make BTC withdrawals. I did read in the chat yesterday that one guy received his withdrawal after 5 days, but that was only one person. This could very well have been someone associated with Cryptsy, or even if this is a legitimate development, it only goes to show that Cryptsy has essentially become a pyramid scheme now - ongoing deposits fuel previous withdrawal requests, albeit at a very low rate...
I am starting to deliberate whether I should contact the SEC and CFTC about this. I don't want to hurt the greater BTC ecosystem, but at the same time if exchanges continue to run away with people's coins, something must be done about it.
And finally, an article in the news outlets just this morning about this:
https://www.cryptocoinsnews.com/cryptsys-bitcoin-withdrawal-troubles-continue/Unfortunately, the article is a bit half-assed and lacking in detail, and makes it appear that this is an isolated incident. The author should have done a better job researching this issue first. Maybe I should register with another outlet like coindesk and write one myself?