Quote from: GumpNerd on June 10, 2014, 07:25:33 AM

Hi guys. I saw my buddy using this new exchange and decided to look into it. Had never heard of it before, so I decided to check it out. I will say now, I really like the website design and functionality. Its nice. However, I have encountered some problems when attempting to properly vet this site for trust.

Lets start with some sample information.

Here is the registration information for the domain of cryptsy.com, a well known, very large crypto coin exchange: http://whois.net/whois/cryptsy.com
Here is the registration information for the domain of bittrex.com, a well known large crypto coin exchange: http://whois.net/whois/bittrex.com

Look at those if you could please. Note they have valid addresses, company names, phone numbers and all that. All data is visible.

Here is the registration information for the domain of kingcony.com. http://whois.net/whois/kingcoiny.com

Somethings weird here! Well, the ? in his name is due to the non-english 'i' character (he is French, afterall) but I'm less worried about that and more worried about everything else. There is no company name, no LLC signed.

Zip code search ends up here: http://postal-codes.findthebest.com/l/202350/59053-CEDEX-1-Roubaix

I looked up the registration address (as in, the physical address of which the domain was registered to) and verbatim, that same address is also used for an estimated 13,000 other websites. Source: http://netcomber.com/contact/address/59053,%20Roubaix%20Cedex%201

The site itself is hosted here, on OVH: https://www.ovh.com/ca/en/

Remember the whois info. for cryptsy and bittrex? check their emails are valid with this tool: http://tools.email-checker.com/ And now try and check the emails provided with the kingcoiny.com whois info. You will find the emails are not valid. They are generated, fake emails.

Upon further review, something is also up with the phone number. Look at it, go back to that page I provided earlier with 13,000 websites registered to the same address. Look at how many of them use the same phone number (most of them). Further lookup on the phone itself puts it in France. http://www.searchyellowdirectory.com/reverse-phone/33899498765/

Putting this all together, I'm not quite sure what to say but it leaves a bad taste in my mouth. I will not be using an exchange that has faulty, scammy looking information used to register the domain name. Its one thing if the registrar had been flagged private, but this is even worse than that. Its literally false information so far as I can tell. If you can explain all of these problems somehow, I'm all ears. For now, I will not be using this exchange, I will be telling all my friends not to use it as well. I say to everyone else: Take out from this exchange whatever money you have there now. This is a potential scam. The registration information for the domain appears to be invalid. Please be careful everyone. Thank you for reading.

Thank you for your investigation, it's really something fishy with it.