View source for Cryptsy

'''Cryptsy''' was an Internet startup operated by Project Investors, Inc. focusing on the [[exchanges|exchange]] of Crypto-Currency commonly known as [[Bitcoin]] and it's derivatives. The exchange used to service more than 90 [[altcoin]]s.

At some point the exchange disappeared. 

:Coindesk: "Cryptsy CEO Paul Vernon may have stolen as much as $3.3m from the now-defunct digital currency exchange and destroyed evidence of his illicit actions." <ref>https://www.coindesk.com/cryptsy-ceo-millions-digital-currency-steal</ref>

In 2019: 
:Coindesk: [[Coinbase]] has settled a class action lawsuit brought by users of the former Cryptsy cryptocurrency exchange.  <ref>https://www.coindesk.com/coinbase-hands-nearly-1m-to-cryptsy-victims-after-settling-class-action-lawsuit</ref>

== Summary ==
The Cryptsy.com exchange opened on May 20th, 2013 and since then has seen rapid growth in both customer base and trade volume. They have over 130,000 registered users with a volume of over 300k trades per day as of April 2014.

Cryptsy is based in Delray Beach, Florida, USA

'''The Company's mission''' is to provide a safe environment for users to trade crypto-currencies with other users in an efficient and easy to use manner.

== Future objectives ==

Cryptsy will in the near future expand further by offering exchanges of fiat currency (USD) directly to crypto-currency, while also maintaining Full Compliance with global, national, and local regulations.

Cryptsy will expand its service offerings for merchants who want to easily accept BitCoin and other crypto-currency payments as an alternative payment method for their ecommerce sales.

Cryptsy will offer an escrow service for safe and direct user to user transactions

== See also ==
* [[Exchanges]]

== References ==

[[ru:Cryptsy]]
[[Category:Defunct_exchanges]]