SlidingHorn



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Full MemberActivity: 196Merit: 100★Bitvest.io★ Play Plinko or Invest! C-Cex Has Frozen Your BTC! Not to be Trusted February 24, 2014, 05:25:27 PM

Last edit: February 25, 2014, 03:52:06 PM by SlidingHorn #1 What Happened

Due to their poor security, C-Cex's exchange was exploited by a user pumping DRK, and they allegedly lost 300 BTC due to the exploit. They have now placed *all* BTC balances on hold, and are stating that they may hold these until their "investigation" is completed - which can take up to a month.



User's Profile Link

https://bitcointalk.org/index.php?action=profile;u=220467



This is not exactly to say they're scammers - however, it is to say that you should be extremely cautious about trusting them with your coin if they cannot secure it .



Will update when more information is available.



Update #1

User has stopped responding via Skype & has now banned me (coincidentally the only person who's left negative feedback on their profile) from the chat on the website. (This was an auto-ban, apparently...now un-banned)



Update #2

After several requests, they responded on Skype by simply posting their twitter address. When I said that this in no way answered my questions, he then, indeed, took the time to answer the questions I asked.



Update #3

The admin and his cheer leader are claiming that the "thief" is sending BTC back through a tumbler. In the meantime they are giving back assets to those who dealt in the currency used for the exploit, while those who had not involved themselves at all with said currency are still left with our dicks in our hands.



It has been suggested MANY times that the admin secure a loan using other altcoins earned via the site's transaction fees as collateral and *every time* he has ignored it and said absolutely nothing. This leads me to believe that he really has no interest in paying people back in a timely manner.



My conclusion at this point:

Site administrator is (and I'm sorry to say it) incompetent in terms of running a secure site - an absolute necessity for running an exchange.



DO NOT, under *any* circumstances, allow this guy access to your assets. Due to their poor security, C-Cex's exchange was exploited by a user pumping DRK, and they allegedly lost 300 BTC due to the exploit. They have now placed *all* BTC balances on hold, and are stating that they may hold these until their "investigation" is completed - which can take up to a month.Will update when more information is available.User has stopped responding via SkypeAfter several requests, they responded on Skype by simply posting their twitter address. When I said that this in no way answered my questions, he then, indeed, took the time to answer the questions I asked.The admin and his cheer leader are claiming that the "thief" is sending BTC back through a tumbler. In the meantime they areIt has been suggested MANY times that the admin secure a loan using other altcoins earned via the site's transaction fees as collateral and *every time* he has ignored it and said absolutely nothing.My conclusion at this point: ✪ ╔════ ════ ══ ═════════╗ ► Best Investment Bitdrop Game ! ◄ ✪

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