Sunday 27 May 2018

Do NOT trust Poloniex. Do NOT trust Circle. The bait and switch scam.


Poloniex team in December 2017 said:"As with any change, we understand you may have concerns about how this requirement impacts you and the consequences of not meeting this verification deadline. Here are further details on what to expect.On the date of the deadline, legacy accounts will be placed in a state where:Trading and lending will be disabled; Open orders will be closed; Loans will have auto-renew switched off; Margin positions will be given an 8 week wind-down period where they can only be diminished or closed. After the 8 week wind-down period, they will be closed; Deposit addresses will be revoked. Any deposits sent to a revoked address will not be recoverable until the account is fully verified; Withdrawals will remain enabled at the daily withdrawal limits prior to the deadline. If at any point you verify your legacy account, full functionality will be restored and your daily withdrawal limit will be increased to $25K USD equivalent."Flash forward to May 2018!Tens if not hundreds of people have been locked out of their accounts even after verifying their identity and have their accounts frozen.See their Twitter. See /r/PoloniexForum or /r/Poloniex.The Circle Poloniex Team outright lied and simply CANNOT BE TRUSTED WITH ANY FUNDS. Be very careful. via /r/Bitcoin http://bit.ly/2IVycIc

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