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₿IRBProfile· Questionable@xeggexOn Ethos
XeggeX
1 review, not positive.0% positive · 1 review· Influence factor 3, above 0% of accountsWhat people say
Received · 1Given · 0“Lost user funds due to "hack" and "db corruption" - smells a bit fishy”- CEO hacked - db "corrupt" - users lost everything per rekt.news "Something is rotten in the state of crypto. Xeggex, a low-key altcoin haven, vanished overnight while some funds may have suspiciously slipped away. Their CEO's account was "hacked," they said - right before the database mysteriously "corrupted" and users lost access to everything. Strange timing for technical difficulties, coming just hours after February's massive market dump. Meanwhile, millions in altcoins reportedly remain in wallets connected to the exchange, inaccessible to many of their owners. The Xeggex situation bears striking resemblances to previous exchange collapses. Community investigators have alleged connections to Paul Vernon - the figure behind Cryptsy's collapse in 2016, who was later indicted by the U.S. Department of Justice for allegedly stealing user funds. Paul Vernon didn't just abandon Cryptsy - he gutted it. After learning about the exchange's receivership in April 2016, he remotely pillaged its servers, snatched the customer database with all funds, then torched the digital evidence on his way out. The similarities continue with Altilly, an exchange that similarly suffered a reported "hack" in 2020, followed by database corruption claims that left users without access to their funds. From Cryptsy to Altilly to possibly Xeggex, a pattern emerges: exchanges suddenly face technical issues, customer funds become inaccessible, and recovery promises stretch indefinitely while blockchain analysis tells a different story. When exchanges collapse, what really happens behind the technical explanations?" Full story- https://rekt.news/plant-a-red-flag/
Serpin Taxt · 2000· 1y ago · negative59
Serpin Taxt · 2000· 1y ago · negative591 of 1 · most upvoted first