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RE: The Bigger They Are The Harder They Fall; Biggest Crypto Currencies Exchange Failures

in #bitshares8 years ago

With Mintpal and Cryptsy, it wasn't just bitcoins that went, all the alts were lost too, and they were worth something (i.e. their value wasn't zero).

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I know exactly what you mean in regards to Cryptsy but it is commonly reported the BTC & LTC stolen in July 2014, but i remember having issues getting my alts out of the exchange too at the start of 2015; not sure if this was due to them being hacked or dodgy dealing after the fact trying to recoup losses.

I remember fighting with support because both my account had been archived due to 6 months of inactivity; but it had only been 5 months; and then when i got back on half the wallets were in maintenance and could not do withdraw; eventually some of them opened up etc. only had a tiny bit on there not sure why but i think i had heard rumors leading up to it and cleared out my accounts. Still it was a pain.
In regards to Mintpal i'm not sure if that figure includes alt balances but they defiantly just shutdown and took the lot.. i had been waiting for months for the public API to come online; and then 1 weeks out and bang; its gone

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