Post
Topic
Board Announcements (Altcoins)
Re: CoinMarket.io | New, self-moderated support and news thread.
by
alatvian
on 20/03/2014, 12:22:29 UTC
The sad truth was on the wall when you had to sign their terms and conditions;
Quote
In no event shall CoinMarket.io or its affiliates be liable for any indirect, incidental, special, punitive damages or consequential damages of any kind, or any damages whatsoever arising out of or related to your use of the Site, the content and other information obtained therein.

Any contract where one of the parties knowingly signed without "good faith" is null and void on its face.  If it can be proven that CoinMarket was grossly negligent in handling of user goods, or perhaps actively intent on stealing them, then the terms and conditions license will not protect them.

However, they can just say "We were hacked!  The coins are gone!" when, in fact, they "accidentally" left the back door open and one of their friends came in and swiped the goods.  In this case, you'd need the force of law to prove anything, and they're probably too busy investigating evil things in Norway like labor law violations and illegal health care providers.  You're basically going to the police and saying "Hey!  These guys stole my Sword of Power and then their Orc's slayed my kingdom!  Arrest them!"  Yeah, that'll fly.

But maybe they will listen...