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Cryptsy’s Assets Frozen by Court Over Class Action Lawsuit

Posted: Mon Apr 04, 2016 1:29 pm
by kreslik.news

If you were still holding on to hope that Cryptsy will open up more wallets for withdrawals or be back to business as usual we have some bad news for you. A US court has ordered an asset freeze against the Florida-based cryptocurrency exchange on Monday.

In the beginning on the year Cryptsy was hit with a class action lawsuit by account holders that have been denied access to their accounts and were unable to withdraw. The exchange’s head, Paul “Big Vern” Vernon, later claimed that the reason was a cyber hacking attack that stolen about $6 million worth of cryptocurrencies from Cryptsy.

The ... (read more)