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Posted in Exchanges
Words of caution regarding JustCoin. I was a customer of theirs once and had a considerable amount of Ripple and Stellar at the exchange. They froze (stole) a percentage of all users XRP and STR funds to cover their mistake, a miscredited deposit. While there’s debate about whether Ripple’s documentation regarding tfPartialPayments was clear or not, that doesn’t matter to the end user. I trusted them with my funds and they stole a portion of it to cover a mistake they made, then shortly thereafter claimed they were closing because of a change in Norwegian bank laws. How convenient. I don’t care if they’re under new management or not, they should not be rewarded with your business until/unless they repay all of the money they stole from previous customers.
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