Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
GoldSeal
on 22/12/2015, 03:06:54 UTC

So again from my view on working inside Cryptsy the Garza thing just isn't a path as far as Paul. There were some talks but mostly related to InsideBTC in Las Vegas and him wanting to be a part of Cryptsy. That never happened. Can't speak much to Marshall he was there about 5-6 months before he left. As far as the SEC Marshall Long being CTO was not a secret. Honestly most of the stuff you guys are talking about is available to them. I know on the paycoin thing action was taken not sure on the legalities of me speaking to it at this point. When I was at Cryptsy the Fincen stuff was a pain in the ass because its actually illegal for them to comment if someone did something.

I saw lots of posts when I was there where a guy would say his stuff is frozen etc. 99% of the time it was he was flagged and reported to Fincen. But the stupid law says you cant tell them that. It was a painful restriction. So lets say a company did something wrong who was a customer it was likely filed as a SAR. The big downfall with that is Cryptsy couldn't say hey yeah its fucked up so we reported it to Fincen. As that would be considered informing someone they were under investigation. At least my understanding.

I'll add I definitely don't think the current issues are SAR related lol. Unless the system started flagging all users.

As far as what your saying Peon. I don't work there don't really care I'm just telling folks what I know from being an insider within the bounds of the NDA I signed. There are plenty of folks working there who would be all over it if that was the case (at least my opinion) and they would not stay.

So what discussions has Cryptsy had with the SEC? Do you think Cryptsy can survive the run-on-the-bank scenario they are facing? People seem to think it looks like they are surviving on on their deposits hoping they can cope with the day-to-day operating margins to stay afloat. If they had to return all customer funds, do you think they could do it?