So it turns out a forensic look into the code of various other coins has revealed more damn scamming.
How can anyone trust cryptocurrency or exchanges like Mintpal again when the industry is rife with crooks.
See here:
https://bitcointalk.org/index.php?topic=595056.0Why on earth attacking mintpal? If you are buying, it s at your own risk. The code is open source. They don t have to check anything. They take responsability for their exchange that s all. But if you want to buy a coin, that s on you. They are not at fault here.
Stop looking for someone to take the blame. You are only to blame. You!
FFS, people don t take responsability anymore.
Next time, you buy a coin, put a bounty together and ask someone with good reputation to review the code. In fact, it is as necessary as escrows.
So you are saying MintPal have no duty whatsoever to review the legitimacy of their wares? Does a Sunday marketplace care if a kiddie porn seller sets up a stall? Does Ebay care if someone tries to sell Marijuana? Does a Car salesman care if his product crashes immediately after purchase and kills all occupants? I think MintPal has a contractual connection between us and the AC dev and as the AC dev is conspicuous in their absence, a court of law would acknowledge that MintPal has a duty of care to ensure their customers are not getting swindled.
Might I remind you that AC hasn't just dropped in price. It has disappeared from existence.
MintPal are the contractual link. Their operations must be fair and reasonable. Letting AC drop as far as they did over such a long timespan strongly suggests criminal collaboration.