Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
no-ice-please
on 27/12/2018, 21:23:39 UTC
Reminder for those who hold their AMP coins on Poloniex exchange:

Tomorrow is the last day when you can transfer your AMP coins out of Poloniex exchange!
AMP will be delisted from Poloniex tomorrow and you will lost your funds.

I am wondering if that is even legally ok to give holders a 4 week deadline and then just take their funds. What is Poloniex going to do with the coins left on their exchange? Sell them?
I don't really know their position but they Locked my NXC coins, which were delisted some time ago. Yes, it is my fault that I did not have time to transfer them out of Poloniex, but in other words this means that Poloniex own coins of such people?

But recently I found out that it is still possible to transfer my NXC coins (already unlocked), they decide to give last chance to such people as me  Grin

Be careful.

I can't imagine a single law that will confirm the approach Poloniex is taking in such circumstances. There is just no legal basis for that. What if you park a car at your friends house and you don't pick it up for 3 months in a row? Does that just transfer ownership to your friend? He could send it to your house at your cost or charge you something, but he can't just destroy that thing and make it worthless after a 4 weeks deadline.