A lawsuit filed against Coinbase alleges the money transmitter did not fulfil its regulatory requirements to do its due diligence and investigate Mr. Vernon’s activity and his Coinbase accounts.
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Oh so that is what happened to cryptsy. Luckily I only had maybe $20 worth of bitcoin I was playing around with before it went to crap. I had just made that with doge, moon, and kitteh coin. I always seemed to miss the good coins for mining.
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Cryptsy was clearly a scam long before they went under. They were even involved in the whole paycoin thing.
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