Post
Topic
Board Securities
Re: [CRYPTOSTOCKS] Vircurex [VCX] - Going public
by
cheezhead
on 07/04/2014, 12:41:03 UTC
"We have taken the utmost care to provide you with a stable, performant and secure environment." and there is the result when I log in on my account

"Frozen funds
Your account has frozen funds (the reason why you might not see all your coins in the balances). Please read this announcement about the details."

Petarv, I agree with you completely.  Kumala claims he's burdened with answering 10,000 emails.  It's only a burden if you are actually replying to them, and we all know he's not.

I am really concerned about the "frozen funds" designation.  For me, not only was a fund transfer interrupted and my coins were given to someone else, but now he refers to my loss as "frozen funds".  Technically, funds that are frozen actually exist but aren't available to withdraw.  He has admitted the funds aren't there.  So our "frozen funds" are actually an IOU with absolutely nothing backing it up.  He can pay you if and when he feels like it.  These are the kinds of misrepresentations (like his coin withdrawal technical error) that put him into a whole new category.  This is criminal misrepresentation.  People go to jail for doing what he has done.

Kumala needs to restore these funds and stop scamming people.