Edit: funny how they investigate the cryptocoin exchange ASAP, but leave out the gold/silver crimex and bankster HFT programs skimming the entire planet's stocks out the loop. Cognitive dissonance or what.
+1, not that I trust any exchange that's not completely transparent with its crypto holdings but law enforcements activities in crypto are looking more like the inquisition than the rule of law, Charlie Shrem and DPR where more like witch burnings than appropriate penalties.
Whether Cryptsy have done anything wrong or not, this looks like stamping on the small fiat exchanges to take them all out, with the aim of only leaving 3 or 4 major exchanges that can be controlled and monitored easier, it is not an acceptable option to have too many heads of hydra.
Extroplating to the end game scenerio, the only safe place will be a decentralized market/wallet/message and fiat system.
People who don't know what Mccarthyism represents, need to read up on their history.
