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RE: Do Not Fall For Bitcoin HYIP (High Yield Investment Programs). Newbie Warning!
I haven't fallen for any HYIP scams, but back in 2012 I got scammed by Cryptsy and lost 0.5 BTC. All throughout 2014-15 I was trying to sign in to my account and they kept "resetting" the password on me. There is a pending class action lawsuit that I am a part of, but I won't count on ever receiving any compensation. :(
Cryptsy forever will be a stain on the Bitcoin history books.