Poloniex refuses Stellar Lumens airdrop distribution

in #stellar8 years ago (edited)

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In their airdrop announcement at March 28, 2017 the Stellar foundation announced that Poloniex will participate in the airdrop of 16 billion Stellar Lumens on June 27, 2017:

https://www.stellar.org/blog/bitcoin-claim-lumens-2/

Today on june 27, 2017, one day after the snapshot was taken, Poloniex announced, they are not participating in the airdrop and will not distribute the lumens:


~~~ embed:879511378347905024 twitter metadata:UG9sb25pZXh8fGh0dHBzOi8vdHdpdHRlci5jb20vUG9sb25pZXgvc3RhdHVzLzg3OTUxMTM3ODM0NzkwNTAyNHw= ~~~

So everyone holding Bitcoin on Poloniex got screwed by the exchange...

I am wondering: Will they just keep the lumens for themselves? Why are they doing this? Do they want to further damage their reputation?

I hope the Stellar foundation can figure out a solution for this messy situation.

Update:
I contacted the Stellar foundation and they told me, they reached out to Poloniex and hope to have an answer and a resolution today. So it seems at least they are trying so resolve this...

Sort:  

Who is to blame here? Poloniex or Stellar?

Both parties. Stellar published it on their site saying Poloniex agreed and then also Poloniex for not making any news as of late (nor responding to questions about it).

Will be interesting if Poloniex claim it and keep it for themselves. That would be the real low act...

This was announced several months ago and I bet Poloniex was well aware of it. Many users opened tickets at Poloniex asking if they will receive the airdrop for lend out coins. So Poloniex at least should have clearified this before the snapshot was taken...

I think Poloneix is quite overloaded already and they don't have enough manpower. I am guessing distributing stellar to all its BTC holders will be quite a big task for them. I can understand why Poloneix is apprehensive of doing this. But they should have not agreed to participate in the airdrop previously

Followed!Pure scam, why would they do that? They are going to loose almost all of their customers. Greedy

I've been hearing a lot of bad things about Poloniex lately.

That's why I can't understand them pulling this off now... their reputation already suffered. Maybe that's why they don't care anymore...

good post.thanks for sharing.i like and following,@coinlend.

Poloniex Poloniex Exchange tweeted @ 27 Jun 2017 - 01:26 UTC

1/2 - It is not clear to us why Stellar included our name on their site as participants in the 6/27 giveaway.

Poloniex Poloniex Exchange tweeted @ 27 Jun 2017 - 01:27 UTC

2/2 - This was done without our consent. We did not agree to participate nor do we possess the STR for this giveaway.

Disclaimer: I am just a bot trying to be helpful.

polo, thank you for answering on steemit... Question, how about steem withdrawal, will it be back soon ??

That's just a bot pulling the tweets to steemit

oh... crap :)

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Poloniex is a sinking ship now...better hurry to get off than to drown with it...check out and support my post on poloniex and share your views...Much appreciated

Maybe diversivy to bitfinex:
https://www.bitfinex.com/?refcode=dwT9xqXWwQ

I will check it out...right away.

Poloniex is losing their credibility a lot with these kind of spunky do's. Hope they will understand these.

The same lending approach also works on bitfinex.

https://www.bitfinex.com/?refcode=dwT9xqXWwQ

We just gonna have to wait and see. Upvoted and followed. Follow back
when you can👍

Good info -- thanks.

You are welcome!

I do hope Polo stays alive and doesn't have a major catastrophe. I was too slothful to collect on the Stellar Lumens I had, and there was a similar offer on Ripple too. Surely other people collected the free distribution of tokens.

restemed your post
sir plz restem my post i need your support to begin my steemit channel
https://steemit.com/in/@ahmermalikuuuuu/bitcoin-is-rising-so-greatly-at-the-peak-just-stay-holding-and-seee

great post like it

 8 years ago  Reveal Comment

Indeed, they are not sending very good signals lately...