This is to serve as a warning to anyone googling around for Cryptsy trying to determine its reputation. Is bitcoin exchange Cryptsy a scam? Many signs are pointing to yes, and you need to be careful and reconsider depositing any money there.
On Bitcointalk and Reddit there are ancedotes piling up from people claiming to be customers of Cryptsy and stating that they simply can not withdraw money, some even stating they are taking legal action against the company.
Cryptsy is based in Florida, United States. They are subject to many regulations as a result of this. There have been problems with Crypsty since the Mt. Gox days (yes, they were around then), including reports of individuals who were able to withdraw bitcoins that they did not own, due to system errors.
Cryptsy is based in Florida, United States. They are subject to many regulations as a result of this. There have been problems with Crypsty since the Mt. Gox days (yes, they were around then), including reports of individuals who were able to withdraw bitcoins that they did not own, due to system errors.