Quote from: figmentofmyass on December 13, 2019, 09:12:00 PM

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.

it's a nice idea, but i don't think proof of keys has ever had much of an impact. in fact, i recall a scandal around this year's event where hitbtc froze accounts the day before: https://bitcoinist.com/hitbtc-trace-mayer-john-mcafee-keys/

but after a couple days, everyone forgot about it and things went back to normal.

i've been warning people away from hitbtc for a while, but experience has taught me that most people won't learn until an exchange fails or exit scams with their money. until that happens, people just don't understand the gravity of the risks they are taking by storing funds on exchanges.

Nothing happens until something happen just like the case of cryptopia. P2Pb2b is something where the group of users finally found something to nail the owners because they were caught having fake member profiles in their website. This is a sure way to see they can potentially scam people. HitBTC I guess can defend itself because if they were up to exit, they would have done it while BTC was $20k. But its true we see scam accusation to hitBTC, not sure if it were proven.