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The Aftermath of Cryptsy: How Investors Were Affected and What They Can Learn
In May 2013 Cryptsy launched a Bitcoin-to-altcoin exchange platform. Within two years the company grew rapidly. Miami New Times chronicled the saga of Cryptsy and its founder Paul Vernon in June 2016. Prosecutors allege that he stole millions of dollars worth of customers’ crypto assets before fleeing to China. He has not been found since.…