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Old 06-20-2017, 06:52 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,373
Quote:
Originally Posted by Smack dat View Post
Was MtGox and Cryptsy going anywhere?
To be fair, there were signs in both those cases that something was not right.

There's still been been plenty of online wallets or exchanges that abruptly closed down, either due to a massive hack, or a scam by the staff/founder (often explained away as [in airquotes]: "a massive hack"). Bye bye funds.

There's probably plenty of other services which have had some customer funds stolen, either through a hack (possibly not disclosed), or through the guy running it deciding to "borrow" some (definitely not disclosed), and you'd never know they were running with insufficient funds to back all of their customer's listed balances... until it's too late.
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