Post
Topic
Board Exchanges
Re: LiveCoin.net >Buy/Sell/Exchange>New pairs:BVK/BTC,APOD/BTC,KTETH/BTC
by
nutildah
on 07/07/2019, 17:30:08 UTC
after I wrote a message that the exchange illegally holds the assets of MONA coins, this is true, they blocked my account with all assets! Livecoin SCAM!

This is not true. It would seem Livecoin holds zero MONA coins, and you know this. They couldn't release your MONA to you if they wanted because, as they've already explained to you, they don't exist.

Apparently, you change your user agreement at will with no notice to users, and retroactively apply the terms.

Also incorrect. izooomrud made this allegation but it was quickly disproven thanks to archived copies of the Livecoin ToS.

If you are insolvent and can't fulfill withdrawals for a particular asset, you should de-list the market and come clean to your users. You shouldn't allow trading to continue on assets like this.

They did this at the time it happened, over 1 year ago. They posted a notice on their site saying all MONA withdrawals and deposits were suspended. I suspect the reason why the coin is still "traded" is because they didn't want to dismiss the chances of them eventually being reimbursed by the developer.

Livecoin was the first exchange to attempt to contact Monacoin developers about the attack.

Hello.
We're Livecoin Exchange, we're looking for contact of Monacoin developers. We have an urgent issue to discuss with them. It seems a security breach in Monacoin blockchain have taken place a few hours ago. We're hope to be wrong.

They apparently knew about the Monacoin attack before the developers did.