Post
Topic
Board Exchanges
Re: Poloniex Experience
by
SparkyU
on 18/08/2017, 03:18:05 UTC
Do you think they got hacked and had their coins stolen? And now they're delaying deposits and withdrawals to cover it up? Could it be my ETH were used to finally process another user's delayed withdrawal request?

it's anybody's guess at this point. their recent change of terms and cryptsy-like behavior suggest this is possible.

My understanding, at least what the staff said many times in the trollbox, is that after getting hacked years ago they went above and beyond with their security measures to not let that happen again.  They said the vast majority of coins where in cold storage and vs using a hot wallet when the hack happened and so on.  Though it's possible, no one can really know.  Using an exchange is always a risk regardless.