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Hey everyone, I’m posting this because the same scammer who ran the Cryptsy and Altilly exit scams is back under a new identity—this time as “Karl” from Xeggex. ✅ Who is he? Real name: Paul Vernon, aka Michael O’Sullivan, aka Karl. Previously ran Cryptsy (2016) – Stole over $9M, fled to China. Created Altilly (2020) – Another fake exchange hack, stole $3.3M+. Now exposed as the man behind Xeggex (2022–2024)—which recently pulled the same scam. ✅ What Happened with Xeggex? Started like a normal exchange, offering free listings. Suddenly claimed a Telegram hack, then a database corruption, and then missing funds. All major assets are gone. He is now deleting traces of himself.
Hey everyone,
I’m posting this because the same scammer who ran the Cryptsy and Altilly exit scams is back under a new identity—this time as “Karl” from Xeggex.
✅ Who is he?
- Real name: Paul Vernon, aka Michael O’Sullivan, aka Karl.
- Previously ran Cryptsy (2016) – Stole over $9M, fled to China.
- Created Altilly (2020) – Another fake exchange hack, stole $3.3M+.
- Now exposed as the man behind Xeggex (2022–2024)—which recently pulled the same scam.
✅ What Happened with Xeggex?
- Started like a normal exchange, offering free listings.
- Suddenly claimed a Telegram hack, then a database corruption, and then missing funds.
- All major assets are gone.
- He is now deleting traces of himself.
