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Merits 4 from 1 user
Re: Trust flags
by
AdolfinWolf
on 14/06/2019, 06:05:48 UTC
⭐ Merited by suchmoon (4)
The negative trust by these two seems pretty shady to me. I don't think there was any credible evidence of polo scamming in 2017.
Polo was way behind on their support tickets at the time. They also had taken down their trollbox at the same time. I can see where people were getting leery that another exit scam was looming. Polo has since changed ownership, anyway. So the tags should probably be revised. Unfortunately, Zepher can't revise his.  Embarrassed
Oh yea, I definitely agree, being behind on support tickets is proof beyond a reasonable doubt, no proof beyond any doubt, that the exchange is scamming its users.
Roll Eyes
I know for a fact that Poloniex lied to customers about KYC verification, but i’m not sure when exactly that happend anymore.

Read: https://www.reddit.com/r/BitcoinMarkets/comments/8mizvf/dear_poloniex_you_specifically_said_you_wont_hold/
They cant be held to their word and due to that i find them extremely untrustworthy. Imo they deserve to be tagged for this alone.

Also more recently all the people margin trading lost 16% of their margin funds due to sudden liquidations of a single low-cap shitcoin.

Quick maths shows this is nearly impossible and likely some sort of scam
https://www.reddit.com/r/BitcoinMarkets/comments/bxknrf/poloniex_btc_margin_lending_pool_losses/