The most troubling thing about this whole event is the number of reputed member who are still supporting this exchange. A couple of spots opened up on their signature campaign, and several people applied. This is really disappointing, especially from those whom I respect. It's pretty obvious livecoin is a shady outfit, hiding in the shadows with a ToS agreement that holds them unaccountable.
Sure, the evidence of the scam claims is largely circumstantial, but in this very thread they admitted they are treating the victim as he reported. After several claims of folks being mistreated by livecoin, and their own terms of service full of illegal business practices, I'm baffled anyone can continue to stand behind them.
I'm going to cut the Livecoin participants some slack, for now. As I have testified before, the Livecoin signature was a hard one to drop. Part of me still even regrets my decision. While I was contemplating whether I should stay or leave the campaign, I must have come up with a thousand and one justifications to stay. However, in the end, it just didn't feel right for
me.