bitebi9 is paul vernon aka project investors.. surely selling it to yourself for nothing or giving it away to yourself would look shonky and not hold up. But then again when he's in china how are you going to stop him using it... o look i recoded something that just happens to look like the old one.. i stayed up all night to do it because im just that awesome at it.

At least Paul's balls were keep warm while being cupped by Marshall Long, perhaps causing Jim Slockney to become jealous.

Meanwhile, Jim Slockney and Leroy Fodor are calling me a nutter, with some other dude new to the scene using proof provided by Leroy and Joshua Zipkin that I'm not to be trusted in spite of it's me that's helping him. Weird fuckers, I say.

I believe the supposed theft was possible because they did not isolate (sandbox) each wallet. The compromised wallet was able to send commands to other wallets because they were on the same server or network. That really had nothing to do with the exchange itself.

Maybe my use and emphasis of the word "ton" was too strong but I believe there is value in the framework/customers/...and yes, even the name...although if it was me taking over I would seriously consider changing it. Up until they stopped trades it was the biggest and most successful altcoin exchange (that I am aware of). Other than liquidity issues (being able to withdraw) it ran fairly well. Their only real issue (again from my perspective..I was not a big user) was a lack of funds from the supposed theft.

This is of course me looking at it from the outside. Under the hood it could be a mess and any potential future owner/buyer would have to make that determination. It is conceivable that the receiver attempts to sell the code and any remaining assets rather than try to continue operating. Actually that is most likely what he will do.

Edit: Just realized...the Cryptsy wallets would have had to be running UNLOCKED for the hack to occur.  

you must not have used the site much, it was the buggiest exchange ever!    who would buy this debt hole is cray ! lol

Correctamundo, the Cryptsy wallets were NEVER off-line while the person who calls me a NUTTER - Jim Shockney - was claiming to its users that Cryptsy was secure with ALL its wallets off-line protecting their assets worth millions. BTW, May 20, 2013, to July 29, 2014, is the only timeframe that Cryptsy could've been operating on the up-and-up, but that's highly unlikely given all the evidence presented to date. It's been ONE BIG FUCKIN' LIE from the start, with John Hammes aka BitJohn supposedly being stationed in a war zone in Afghanistan working for Cryptsy sans pay till he trained Jim Shockney and his support team in October 2013, from Paul Vernon's Support Shift that was defunct in January 2013, all documented. The other two lyin' pieces of shit were Mullick and John MacPherson... oh, and Marshall Long.

They wouldn't buy the debt...only the assets. Proceeds from the sale would go to the debt holders. This is what a receiver does. Tries to recover value of whatever assets still exist for the benefit of the debtors.


Really? It sucked as an exchange then? I'm not talking asking it's liquidity problems...just it's function as an exchange.

Cryptsy hot wallet was not locked for sure.Supposed cold wallet too.

"Hacker" behaviour was too odd for the hacker.He took 500 BTC from hot wallet immediately,than during 5,5 hours hack took LTC,BTCD,XC and then on the very end he took 11825 BTC from "cold" wallet.

"Hacker" risked so much during these 5.5 hours to be detected and stopped.He did not take main prize of 11825 BTC immediately,but he took many other altcoins of much less value first.Not at one hacker would do that.This very special "hacker" was so sure that nobody can stop it and that he has so much time on disposal,that he can allow himself luxury to take shitty altcoins first,and 12000 BTC on the end,after 5,5 hours of full rampage.

After all,Vernon looked for 1 year how "hacker" directly,without any hiding sending stolen altcoins to exchanges and cash out 4685 BTC.And do nothing about it,except he bought $1.3 millions house and 2 luxury SUVs for another $120.000.

When all altcoins were sold in July.2015, he went to China and open exchange exactly on anniversary of theft 28.July.


Finally in the big finale,coins from unhacked wallets and cash vanished from Cryptsy and Cryptsy Canada.

All these things are more than enough for red Interpol warrant for arresting.

Bitcoin trading platform BitQuick announced on Thursday, March 17, that it would be shutting down its service for the next two to four weeks to investigate a cyber-attack that took place on Monday, March 14.

https://www.bitquick.co/