Quote from: CryptoBry on December 13, 2019, 01:10:13 AM

Quote from: raindropactual on December 13, 2019, 12:49:04 AM

I challenge the Bitcointalk community to make 2020's Proof of Keys the most impactful one yet. But it will take you reposting the writeup and raising awareness. Protect your fellow cryptocurrency friends from HitBTC's fraud.

This is the longest-running and possibly largest scale fraud that has ever taken place in our industry. This deserves your time, at least to skim through the post and share. Price talk can wait. If you're "in it for the tech" speak with actions, not words.

I understand that many people are really doubting the viability of the HitBTC exchange and this suspicion has been going around for years now. Though of course, the exchange is still doing good business some are already picturing a bleak future for this platform. Actually, this exchange is not on my priority list as a service provider because of a bad experience before and I do not usually make a lot of trades in there and just do it if there is no other choice (when a certain asset can only be traded in HitBTC). Will this exchange implode in 2020? Let's find out by just waiting.

I don't know about that. Honestly, I haven't used an exchange like that for a while, but when I needed to convert one type of crypto into another type, I used HitBTC. It was like 2 years ago, and I thought it was a reliable exchange. A friend of mine had some tokens and wanted to sell them for BTC. HitBTC was the biggest exchange with these tokens available, and even though it was a pretty big transaction worth around $1k, it was cheap (even though the article's about high withdrawal fees), fast, smooth and with no KYC or anything. But scamming people to pay other people is terrible.