Post
Topic
Board Exchanges
Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH
by
CryptoTeng
on 22/02/2018, 16:44:54 UTC
still no answers.... closing on a month since (re-)opening the question...

Kraken the best exchange to get ripped off as customer LOL

still no answers....thus again (and again and again). And yes Septimus (and other Kraken employees) you will be reminded until this issue is solved.

As far as we got it from our friend, you have not gotten to the bottom of this issue, and he is still waiting for an adequate answer and adequate refunds/compensation. Now you are trying to shut him up by offering a tiny amount of Kraken fee's as courtesy.

Still, you have not answered the question of the post. Furthermore, now you are even admitting to market manipulation yourself Septimus as you confirm that Kraken is supplying erroneous OHCL-data and Kraken is doingnothing to warn customers and correct the error. FYI, the so-called "errors" still show in the markets....just another indication that you have not gotten to bottom of this issue. As far as we know, you were informed the same day the "errors" took place, and as far as we can tell, no steps were taken to warn customers nor to correct the "errors", not even today when you state that you have gotten to the bottom of this.... LOL


Therefore again...

Again, the questions:
1) How can Kraken justify this criminal behavior? Or in other words. How can Kraken justify this either direct market manipulation, or indirect manipulation by negligence?
2) Why does Kraken not keep to the ToS when it comes to justified refunds?

Additional questions. Seeing that Gil stated that Kraken did (potentially still does) supply erroneous OHLC-data. Why were no steps taken in correcting these errors after they were brought to your attention? (again the note, that there is proof that the "ridiculous pikes" are not caused by erroneous data, but that trades did take place)
BTW, we already expect the following answer regarding the correction of data….”Kraken is not responsible for data displayed by third party tools.” (LOL) In this case the next question. If not possible to have the data corrected, why are customers not made aware by Kraken about these errors in OHLC data so that they can check whether they are affected by this?  


To ALL Kraken clients: Be aware of market manipulation by Kraken (even admitted by their client team)

After having answered the questions above, you might want to answer the next question(s).

1) How is a customer to distinguish between erroneous data and real data in case his/her orders were not traded even though their limit was passed according to your OHCL-data? (Just to be plain, you can always say it were misprints to avoid compensations every time a customer is reporting this type of errors)
2) How are you going to treat this type of issues in the future?
   a) How are you going to refund customers for this type of error? (Currently you are still trying to avoid justified and adequate refunds/compensations)
   b) How are you going to warn customers after having been informed about this type of errors?
   c) How are going to correct the wrongly supplied OHCL-data in case of misprints?

Hi CryptoTeng. You would get the best answers to these questions by opening a ticket and escalating that ticket using this form. Thanks for bringing this to our attention.

How about discussing this issue in the open so every client can read it? In the past, when non-public channels were used you only gave BS bingo answers.... so let's keep it here so everyone can see how much you are doing about this issue. Thanks

It is obvious that you do not want to discuss this issue in the open. For us, however, it has gone past the point of dealing with this issue behind closed doors.


How can anyone re-enable features when the integrity of the trade platform is in NO way guaranteed?

Furthermore, how can you be sure that you do not have security issues, if you cannot explain the "so-called misprints"? Maybe someone hacked your systems to place the misprints?

Apparently Kraken has something to hide about this issue as they do not want to discuss it openly. Only increases doubts about the integrity of this platform.

STILL NO ANSWER, so again and again and again

oh and yes, you are not answering to our buddies emails neither, so much for your shitty advise to escalate for getting answer.

update: Another BS answer from your support was received by our buddy. After having been told that Kraken already got to the bottom of the problem, he now was told that the case was now being given to the devs. Kind of weird that he was told that the problem was solved a few emails ago then by Gil. Also kind of weird that you yourself stated that Kraken had gotten to the bottom of this. This just puts further doubts on the credibility of Kraken intentions to solve problems. Actually you performed what is a commonly known as a LIE a few posts back, senior Septimus. LOL


oh and yes, still no refunds and/or compensations given according to Kraken's ToS.

ROFL, freaking frauds