Someone tell me
Vern pointing who
The lawyer who filed the lawsuit against you likened what you did to "robbing a bank." How do you respond?
He doesn't think the hack occurred, which is surprising to me since the ex-wallet manager is working with them and he knows all the details of what happenedThat news come out in public nice 5hour ago
He keeps to disinformate people. $3 millions revenue in the first year,means that Cryptsy had to have
more than 10000 BTCs daily volume in first year and that is BS.First few months it volume was very small and only on few days during DOGE and XPY pump it climbed to 8000 daily.Cryptsy went to 1500-2000 BTC daily volume only in second year of its existence.
80-85% of this so call "revenues" came from deliberate taking(stealing) BTCs from users.
That is why Vernon destroyed users,accounting and site audit databases and fled to China.
The man who claimed he didnt steal anything burned all his accounting books.He refused to tell miaminewtimes if he used customer's funds for himself.
Vernon declined to answer a number of New Times' questions, including whether he would cooperate with the court-appointed receiver in the civil case, or if he ever used or diverted his users' funds for personal or family consumption. He also wouldn't say where he currently lives or if he plans to return to the U.S.
However, he said he took a "loan" of $600k from cryptsy to pay for his house. More like he took a "loan" from customer's funds to pay for his house.
In the first year of operation from May 2013 to May 2014 the company had revenues of close to $3m. During this period I was paid $1.1m via the regular payroll system, base salary + quarterly bonuses. The initial purchase and down payment for that home was in February 2014. I took a loan from the company for $600k to complete the purchase at a time when the company was still performing well.