Poloniex Thoughts Round Three

*All information presented is public record

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This feels like a rabbit hole. There are so many different companies, businesses and links and locations. Although they are registered in Delaware it would seem that there is a Boston or at least Massachusetts connection due to the lawfirm they are using being located in Boston. By the way in the new Terms of Service it basically says they are not responsible for the security of your money even if it is on their end and also you are not allowed to do a class action against them and should just leave if you don't like that.......

Under number 9 of the TOS it states, "Resolutions concerning deposits, withdrawals, and User balances for an attacked Token will be determined on a case-by-case basis by Poloniex in its sole discretion. Poloniex makes no representation and does not warrant the safety of the Platform and is not liable for any lost value or stolen property, whether or not Poloniex was negligent in providing the proper security."

Under number 21 of the TOS it states, "TO THE MAXIMUM EXTENT PERMITTED BY LAW, POLONIEX SHALL HAVE NO LIABILITY FOR ANY DAMAGES OF ANY KIND (INCLUDING WITHOUT LIMITATION INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR TORT DAMAGES, OR LOST PROFITS) IN CONNECTION WITH YOUR USE OF THE SERVICES, EVEN IF POLONIEX HAS BEEN ADVISED OR IS AWARE OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL POLONIEX’S LIABILITY FOR MONEY DAMAGES UNDER THESE TERMS EXCEED THE AMOUNT OF FEES RECEIVED FROM YOU DURING THE PRECEDING SIX (6) MONTH PERIOD."

Here is a question, if some people have not been able by their account to even get their money out for six months what exactly does that mean?

Part One... https://steemit.com/life/@battleaxe/thoughts-on-polloniex-part-one
Part Two...https://steemit.com/life/@battleaxe/thoughts-on-poloniexx-part-two


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xoxo,
b.a.

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