Pages:
Author

Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! (Read 529095 times)

copper member
Activity: 2898
Merit: 1465
Clueless!
I think we have heard your story quite a few times. Thanks for that. It probably helped things move along. At the time of the sale the 50mh was $2000 and the 250mh was about $8000.

I don’t think they got away with too much honesty, they did drag it out and probably paid themselves a salary so dragging it out was beneficial to them but in my case, I did get an email right when the order came out against them offering to refund the money. I didn’t take it unlike someone else on this forum cause they said no lawyers fees. Well, after $11k was paid for machines, I also spent $7k for lawyers fees and a huge risk. The email they sent out before the payday is a way for them to avoid paying the lawyers fees and interest. I declined and the next few days I got the judgement for the original amount I paid for the miners, interest, and every penny I had paid to the lawyers. One thing did change was the exchange rate from dollars to pounds. But in the end I think I made a tiny bit more than everything spent. Although, it was brutal paying almost 60% of the amount you are suing for with no guarantee.

I paid ~$11k to them and $7k to the lawyers and they paid me $18k. So they are at a -$7k loss on just my order. Only thing that helped them was that only one judgement at a time which took a couple months. So that was their reason to drag it out

yeah..hard to tell..who knows about my story (or yours sometime in the future) with how infrequent people post on this thread..why Alpha never killed  isthis thread is a mystery

to me...but anyway.....there were very few who pulled off a refund...I remember a couple folk saying they also had luck with MasterCard and PayPal (Paypal was slammed in

a week when the how too was posted on how to do that and what to say on dispute with them...so it was pretty brief..also listed in the past on here)

but ....no asic maker since around 2013-2014 has ever taken PayPal and been legit since then...the original KNC miner took paypal ..back in the day and some others

but you could not 'scam' people..so the rule of thumb for me was if it takes paypal..it likely is a scam to wait out beyond shipping you a supposed unit after 45 days

(or 60 if you have a credit card) with promises and then walking...again...not worth the hassle on your scam asic miner to do paypal...and a pain for legit

asic makers if you got a lemon..thus ..that option with asic makers kinda went poof after 2014...sad to say

newbie
Activity: 57
Merit: 0
I think we have heard your story quite a few times. Thanks for that. It probably helped things move along. At the time of the sale the 50mh was $2000 and the 250mh was about $8000.

I don’t think they got away with too much honesty, they did drag it out and probably paid themselves a salary so dragging it out was beneficial to them but in my case, I did get an email right when the order came out against them offering to refund the money. I didn’t take it unlike someone else on this forum cause they said no lawyers fees. Well, after $11k was paid for machines, I also spent $7k for lawyers fees and a huge risk. The email they sent out before the payday is a way for them to avoid paying the lawyers fees and interest. I declined and the next few days I got the judgement for the original amount I paid for the miners, interest, and every penny I had paid to the lawyers. One thing did change was the exchange rate from dollars to pounds. But in the end I think I made a tiny bit more than everything spent. Although, it was brutal paying almost 60% of the amount you are suing for with no guarantee.

I paid ~$11k to them and $7k to the lawyers and they paid me $18k. So they are at a -$7k loss on just my order. Only thing that helped them was that only one judgement at a time which took a couple months. So that was their reason to drag it out
copper member
Activity: 2898
Merit: 1465
Clueless!
I sued them through small claims in the UK and waited in line for about a year or so. I had one order for the 50 and one for the 250. My case came up and presented all evidence and got my $11k back plus lawyer fees plus interest paid at 8% or so. The final total was about $18,300k paid back, 7k in lawyer fees. it was nerve wrecking especially after paying lawyers in the UK so much after sinking so much.  paid back in June 2018.

I sic'd American Express on them Dispute...then Amex 'denied' the refund....they sent me a copy of the bill they were sent from Alpha saying 'paid in full'...I showed

them I did not pay them in full and indeed only the min fee of what was it like 1/3 via paypal and proved they lied with the Paid in Full invoice (.jpg) ...first time

I ever heard an Amex Dispute Rep say 'assholes' and don't worry about it. On follow up, from what I understand, Amex had access to some account they used and refunded

everyone using their cards via that account until Alpha shut it down..the principals I heard fled back to India keeping all that nice BTC. Sad

Anyway, I only got the small unit ...so I think I was only down $600 bucks..but it was nice to know that Amex then used my case to refund everyone and got thousands

back till they killed the bank account...

anyway...the assholes got away with it clean

Brad

newbie
Activity: 57
Merit: 0
I sued them through small claims in the UK and waited in line for about a year or so. I had one order for the 50 and one for the 250. My case came up and presented all evidence and got my $11k back plus lawyer fees plus interest paid at 8% or so. The final total was about $18,300k paid back, 7k in lawyer fees. it was nerve wrecking especially after paying lawyers in the UK so much after sinking so much.  paid back in June 2018.
hero member
Activity: 728
Merit: 501
I got screwed so hard on this.  Cry

16 BTC gone to alphatech UK + 10 btc gone to flowertech Canada, never recovered from it, been broke since this happened in 2014.

I am now waiting 3 years to be with the woman I love who lives in another country, my company failed from lack of funds.

These scrypt asic companies destroyed my life.
copper member
Activity: 2898
Merit: 1465
Clueless!
So, did anyone from this corrupt company go to jail yet? What exactly does it take?
Hopefully Justice is served.

Nope. The went back to India I read, with all that nice BTC. Smiley

I got my 1/3 down pre-order back from Amex Card used with Paypal, even after both Paypal and Amex denied it.

I re-submitted a dispute with American Express ...pointing out that the bill they sent to Amex as proof I was past the 60-day dispute

limit (unless you file another appeal which I did) that said PAID IN FULL ...but awaiting shipping. I then pointed out to Amex that

I only paid 1/3 for the unit, it was not paid in full as stated, and showed them the Paypal screenshots ..Amex was really, really,

pissed off, took I think bank to task got mine and a mess of other $$ back in some manner and that was the last you heard of them.

Except somewhere on this thread they went back to India that nice commonwealth country under the U.K. to live with the Alpha Tech Spoils

without any consequences.

Anyway, surprised they never  locked up this thread, newbie scammer mistake....but at the time 1/3 down seemed fine with PayPal

but in the end, PayPal said screw you after the 45-day delay (they never shipped anything) and those who did not have the credit card option

who did not get a refund in 60 days (more if you filed a dispute under that timeline) also mostly got shafted!

Dumb luck and newbie bad forged paid documents by them to Amex is what saved me Smiley
legendary
Activity: 1442
Merit: 1000
Antifragile
So, did anyone from this corrupt company go to jail yet? What exactly does it take?
Hopefully Justice is served.
copper member
Activity: 2898
Merit: 1465
Clueless!
God, I just stumbled across this thread again 5 years later. Can't believe how close I was to making an order. I feel bad for everyone who got scammed, Alpha Technology sure has taught me to be more cautious in the crypto space...

I made an order but used a credit card (Amex) with the 1/3 down via Paypal. PayPal denied my order as being more than 45 days, I did not file a dispute in time.

Then at first Amex denied my refund of 1/3. Until I pointed out how Alpha Tech strung me along. Also beyond the time limit, but Amex listened,

even after the dispute time (45 days) had run out. Also pointed out that they sent as proof my PAID IN FULL (as stamped) order, I pointed out the 1/3 down

only paid scammer way they were rolling on all this to PayPal.  When in fact, again,

I only paid (like everyone) via PayPal for 1/3 down. They saw that and from what I heard from them later they hit Alpha's Paypal Bank account so hard with other refunds

the bank cut them off. So got my $$$ back by the skin of my teeth. Always, always use the credit card option with PayPal. Even if PayPal says

no go, you can at least appeal to the credit card place. Amex is great, never lost a dispute. This was the closest I came in that I had to appeal.

Dumb frigging luck.

The same miracle with Butterfly Labs refunds after a year of denial. I happened to be one of the FEW refunded 1 week before the SEC

closed BFL down. I think they were trying to hold off the SEC by showing some refunds. It did not work, but I did get a big surprise 1 year after losing

all hope.

I was a 'clueless' 'kool-aid' drinking newbie, back in the day. Lucky as f*ck! I look at some of the clueless stuff I tossed Bitcoin/Crypto at and did not

get burnt and just shake my head in dismay. The 'kool-aid' was strong back in 2013 onward.....less so today. Now I just HODL. Smiley

Brad
newbie
Activity: 11
Merit: 0
God, I just stumbled across this thread again 5 years later. Can't believe how close I was to making an order. I feel bad for everyone who got scammed, Alpha Technology sure has taught me to be more cautious in the crypto space...
copper member
Activity: 2898
Merit: 1465
Clueless!
Interesting

i just found that i made a transaction in 2014

Amount:     2.0392 BTC
BTC-Address:     139a4FeUFvpNjDZfbvUHHuQAoomP4UwKoM
Transaction-ID:     0f9f90b72ff0dfd4c87a076952e71f3c2f575cdc64a475eb2e998bdb3dfebb3a
Date of execution:     May 22, 2014 7:48:27 AM CEST

to Alpha technology to pay the miner

till today i didn't receive nothing....



Just write emails to [email protected] (I think that’s the emails but recheck) and ask for refund. I went through all the small claims case with UK justice and won it, but never got the costs paid by Akram. You might ne able to get a refund if you threat with legal actions.

Akram told me last year he was able to return the money cause the money was free now that the chips were finished and that he was going to deliver the devices soon. I will post email.



small problem...even if you got the devices..it would not pay in electric to run them...that was 4 years ago....current Bitmain L3+ units go for 59 bucks on their site and it is 3 buck a day loss in electric for me...

the alpha-tech ship has sunk...

move on

either the guy legitimately tried and failed and/or he just scam'd folk..and failed in that as well...either way it is deader than dead

you are talking about stuff that is going on 4.5 years now..sheesh



If you have no experience with this case why do you come to diss about it? Let people do whatever they want. You are not contributing at all with your comment. I wrote them and got my money. Maybe any of these people can get their money back too.


OK..I'll bite...

1) what was the amount of refund? all of your pre-order and/or just a percentage? If so what percentage did you get back? (or they say you will get back on the reply)

2) still think it will be peanuts compared to what you paid but who knows

As to experience...I was one of the last ones I know of to get any $$$ from alpha-tech months after the fact of the PayPal going beyond 45 days of payment and the dispute of 60 days also passed.

That was ONLY because Amex card folk got involved. (see previous post)

Being, as far as I know, I was one of the LAST folk refunded (by Amex duress) that was like Fall of 2015 I think it was?

Thus being 2018 now I'm a bit skeptical.

By all means, if you get something back post it on here....a few of us (for some unknown reason after 3-4 years) still have this thread toggled...I'm sure many would be thrilled to find out they could get

any $$$ back.

Be warned however in 2016 I got a similar email saying they were shipping within a couple months...so anyway good luck..post your results here (with a picture) would be my advice

and contact info for others to also follow up if you are successful

legendary
Activity: 1890
Merit: 1031
Interesting

i just found that i made a transaction in 2014

Amount:     2.0392 BTC
BTC-Address:     139a4FeUFvpNjDZfbvUHHuQAoomP4UwKoM
Transaction-ID:     0f9f90b72ff0dfd4c87a076952e71f3c2f575cdc64a475eb2e998bdb3dfebb3a
Date of execution:     May 22, 2014 7:48:27 AM CEST

to Alpha technology to pay the miner

till today i didn't receive nothing....



How can you forget things like that?
   Cheesy
jr. member
Activity: 36
Merit: 5
CEO - Krater.io
Interesting

i just found that i made a transaction in 2014

Amount:     2.0392 BTC
BTC-Address:     139a4FeUFvpNjDZfbvUHHuQAoomP4UwKoM
Transaction-ID:     0f9f90b72ff0dfd4c87a076952e71f3c2f575cdc64a475eb2e998bdb3dfebb3a
Date of execution:     May 22, 2014 7:48:27 AM CEST

to Alpha technology to pay the miner

till today i didn't receive nothing....



Just write emails to [email protected] (I think that’s the emails but recheck) and ask for refund. I went through all the small claims case with UK justice and won it, but never got the costs paid by Akram. You might ne able to get a refund if you threat with legal actions.

Akram told me last year he was able to return the money cause the money was free now that the chips were finished and that he was going to deliver the devices soon. I will post email.



small problem...even if you got the devices..it would not pay in electric to run them...that was 4 years ago....current Bitmain L3+ units go for 59 bucks on their site and it is 3 buck a day loss in electric for me...

the alpha-tech ship has sunk...

move on

either the guy legitimately tried and failed and/or he just scam'd folk..and failed in that as well...either way it is deader than dead

you are talking about stuff that is going on 4.5 years now..sheesh



If you have no experience with this case why do you come to diss about it? Let people do whatever they want. You are not contributing at all with your comment. I wrote them and got my money. Maybe any of these people can get their money back too.
jr. member
Activity: 36
Merit: 5
CEO - Krater.io
Do you have chat in Telegram?

Telegram? What do you mean Telegram?

This is the E-Mail I got:

Quote
Hi ######,

Alpha Technology is registered in the UK. But we have no affiliation or director's from 'M Akram Co'. And they do not represent us in any way. If you check official company information there is only one Director and you getting information from others who do not legally represent us or connected to us in any way, could protray us in a bad light.

We are a purely online company, which works remotely from many locations, you attempting to threaten meeting in person would be pointless as you would not achieve anything.

We are providing a video and finally shipping from the USA, after much issues with our Indian design partners.

However, as you already have a judgement and are proceding to a winding up petition, that will just waste your funds. So we are in a position where we have paid for manufacturing now, and can refund you.

We offer a refund of £**** (we will not pay any court fees), which was your order.

If you agree to accept £**** as a final settlement of your judgement via this email. Please confirm how you paid both orders (paypal or bank transfer?).

And we will work on this refund to you.

Regards

Danny Khan.

Customer Representative

This is what I got and I prefered to get the money, even though I wasn't getting the costs (around 500€) of the small claims case in UK... fuck it. I got my money and never looked back! Time proved me right and 29th Dec 2018, there's no video and they haven't shipped shit.
copper member
Activity: 2898
Merit: 1465
Clueless!
Interesting

i just found that i made a transaction in 2014

Amount:     2.0392 BTC
BTC-Address:     139a4FeUFvpNjDZfbvUHHuQAoomP4UwKoM
Transaction-ID:     0f9f90b72ff0dfd4c87a076952e71f3c2f575cdc64a475eb2e998bdb3dfebb3a
Date of execution:     May 22, 2014 7:48:27 AM CEST

to Alpha technology to pay the miner

till today i didn't receive nothing....



Just write emails to [email protected] (I think that’s the emails but recheck) and ask for refund. I went through all the small claims case with UK justice and won it, but never got the costs paid by Akram. You might ne able to get a refund if you threat with legal actions.

Akram told me last year he was able to return the money cause the money was free now that the chips were finished and that he was going to deliver the devices soon. I will post email.



small problem...even if you got the devices..it would not pay in electric to run them...that was 4 years ago....current Bitmain L3+ units go for 59 bucks on their site and it is 3 buck a day loss in electric for me...

the alpha-tech ship has sunk...

move on

either the guy legitimately tried and failed and/or he just scam'd folk..and failed in that as well...either way it is deader than dead

you are talking about stuff that is going on 4.5 years now..sheesh

newbie
Activity: 1
Merit: 0
Do you have chat in Telegram?
jr. member
Activity: 36
Merit: 5
CEO - Krater.io
Interesting

i just found that i made a transaction in 2014

Amount:     2.0392 BTC
BTC-Address:     139a4FeUFvpNjDZfbvUHHuQAoomP4UwKoM
Transaction-ID:     0f9f90b72ff0dfd4c87a076952e71f3c2f575cdc64a475eb2e998bdb3dfebb3a
Date of execution:     May 22, 2014 7:48:27 AM CEST

to Alpha technology to pay the miner

till today i didn't receive nothing....



Just write emails to [email protected] (I think that’s the emails but recheck) and ask for refund. I went through all the small claims case with UK justice and won it, but never got the costs paid by Akram. You might ne able to get a refund if you threat with legal actions.

Akram told me last year he was able to return the money cause the money was free now that the chips were finished and that he was going to deliver the devices soon. I will post email.
copper member
Activity: 2898
Merit: 1465
Clueless!
I do not understated why people invested first place :-(

My biggest fear, The money is probably used for terrorism.

None of that. No terrorism.

I got my money back after I visited personally the father's and brother's accountancy company in Manchester. No calls, just showed up. They said the whole family broke up ties with Mohammed Akram because of this story. It was kind of sad. I wrote Mohammed again a couple days later and got something like 80% refunded (I don't remember correctly anymore).

The guy just got fucked over by Dexcel, the company building the chips. Did he finally deliver any of the miners?

Nope...as in previous posts...I got my money back as a fluke....1st was denied by amex my (what was it 30% down via paypal and amex?) but pointed out the proof they sent

to amex that I paid said 'paid in full' I pointed out that alpha-tech ONLY took a 30% or whatever it was down payment and waited for the paypal to run out (more than 45 days).

Amex was not amused and went after them in force then. I got all my $$$ back on the 1 unit pre-order. Mastercard I also heard was not amused and also went after them.

a cluster indeed

brad
jr. member
Activity: 36
Merit: 5
CEO - Krater.io
I do not understated why people invested first place :-(

My biggest fear, The money is probably used for terrorism.

None of that. No terrorism.

I got my money back after I visited personally the father's and brother's accountancy company in Manchester. No calls, just showed up. They said the whole family broke up ties with Mohammed Akram because of this story. It was kind of sad. I wrote Mohammed again a couple days later and got something like 80% refunded (I don't remember correctly anymore).

The guy just got fucked over by Dexcel, the company building the chips. Did he finally deliver any of the miners?
sr. member
Activity: 1021
Merit: 324
I just got lucky too. Had buyers remorse a couple of days later and asked for my money back. Don’t recall the amount but it was a lot more than $600. Maybe I ordered a few of them.
But PayPal came through and I watched the circus tent unfold from the sidelines. Just luck.

Those were the days of me just lurking these forums nonstop. Lots of awful crypto history getting erased 1 by 1.
legendary
Activity: 1593
Merit: 1004
I just got lucky too. Had buyers remorse a couple of days later and asked for my money back. Don’t recall the amount but it was a lot more than $600. Maybe I ordered a few of them.
But PayPal came through and I watched the circus tent unfold from the sidelines. Just luck.
Pages:
Jump to: