Topic: [ANN] Whirlwind.money | ⚡No Fee⚡ | Ultimate Privacy | Anonymity Mining 12% APR🔥 - page 9. (Read 12718 times)

It seems like this was the last contact. Hhampuz, can we get anymore details? What exactly did they say to "assure that nothing was lost" because it sure seems like our Bitcoin is lost.

One of the main developers for JoinMarket is going through long covid and was offline for many months yet the service still continued running smoothly but these guys can't process withdrawals because they were on a trip? Did that trip include meeting with law enforcement because otherwise this makes no sense and just looks like a typical exit scam.

I don't have a problem with mixers existing and advertising their business but considering how often they shut down due to scam or government seizure on top of being centralized, closed source, and custodial they are at the very bottom of privacy services that I would consider using or recommending.

The only valid excuse would be that this whole service is run by a single person, and that person is dead, in jail, hospital, or anything that stops him from physically operating the mixer, and that won't be any better than the whole service being a straight-out scam.

Even if they have temporarily lost access to everything, they could have created a new account on the forum and said something, this could be done using a mobile phone anywhere on the planet where they have internet, there is no excuse to

- Not show up on the forum for a month.
- Not Reply to any e-mails for weeks.
- Not Fix your service for weeks.

A 10-word post by a newbie account claiming to be affiliated with Whirlwind would make things seem a lot less scammy, but this silence leaves no questions.

So even if they come back with whatever excuse and compensate everyone, how would anyone trust them again? it's game over for Whirlwind, if they plan to do another scam or relaunch their "legit but terrible service", they would need to start fresh, using a different name, style, and everything.



Ya doesn't feel great, but don't blame yourself, because

1- You didn't know it would turn out to be this.
2- You had no way of knowing.
3- You were not a part of the scam, but rather a victim.

As a campaign participant or a campaign manager, you are not responsible for the quality or the integrity of the service, yes you shouldn't promote services you know to be a scam or has a terrible reputation, but as long as the service works, looks legit at that time of you wearing their signature I don't think anyone should hold you responsible for anything, everyone who uses it is responsible for their own actions.

They almost lied to @Hhampuz while saying stuff like
"in travel" "not the credential to fix the site" "will come to the forum to post tomorrow"

Anyway, they will probably come back under a new domain name

Is there a chance some really big shit is going on in their lives, and they are incapable of going online? For like... A month? I really can't believe this is an exit scam. The service seemed legitimate.

I'm really pissed off, and not because I lost money; fortunately, I had grasped that "don't leave coins to third parties" cliché. I'm so pissed off because I've been advertising and recommending this shit for months, in such a way that I'm practically part of this scam. And it's just feels awful.

It makes you question the integrity of the service you're currently carrying in your signature.

Given the nature of the scam, I think it's a lot of money.

The multisig pool address has 12.7 BTC in it, somewhere around 350k USD, judging by how much they spent on their review campaign, the other campaign, the leftover in escrow, the website, the code, the design, and all that, it makes me doubt that they would settle with just 350k, also, it's almost sure that the 350k sure includes some of their own funds.

So this was a lot of money, time, and effort invested, 100k profit or so won't cut it, my guess is somewhere around the 9th of this month the mixer hit the jackpot, a large deposit came in, and that's what triggered the code/person into executing the exit scam, notice that, the multisig address doesn't necessarily receive all the deposits, you get a different deposit address and what happens next is up to them.

We may find out eventually if a large deposit was made, someone might come here and tell the story, also to anyone that might say "Oh it was obvious, I knew it" I'd call b.s on that, it was a "masterpiece", the guy/guys behind it were pretty intelligent, far more sophisticated than the average "send me your 1 BTC and get 2 BTC tomorrow".

The crypto space is crazy, and even more, reasons to NEVER trust anyone or anything regardless of how legit they look, but 'risk' is a part of the ecosystem, we could only hope this serves as yet another lesson to every one of us.

I haven't been keeping up with the recent news on this... So, we have another bitcoin mixer go out of business? Exit scam?
Has anyone managed to come up with a ballpark figure for the total amount they scammed?

Makes sense but on the other hand we all know that Bitcoin tends to go up, overally. 
In theory, holding DAI (tied to USD) is not the best deal.

But of course, these are valid reasons above why they've provided DAI.

Probably because BTC is too volatile? DAI is always worth $1 and it’s probably the best you can get for a kinda-decentralized and trusted stablecoin. USDC and USDT can be frozen, other non conventional stables are too risky, etc…

To other users who want to do all on their own, you can just use an exchange deposit address to get your DAI and swap it for BTC right away. No need to get ETH and pay for transaction fees

Exactly that and the ETH being tied to the wallet / DAI would also be a privacy risk to send it elsewhere because of unnecessary wallet connections.
In addition, exchanging that small amount again doesn't work very well because it's not enough.

And I don't have many unused ETH addresses available right now. 

So, many good reasons in favor of your deal. 

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Also I'm curious, why Whirlwind provided DAI into the escrow from minerjones? 
Any specifical reason for this and why not Bitcoin?

First of all many thanks @Hhampuz and @minerjones for managing refunds. It's really sad to see how whirlwind.money wasted a big opportunity to become a famous and trusted mixer. Scammers are still a big problem for crypto and one would tend to say:



Unfortunately it's similar for me, like fillippone. I haven't been into the campaign that long but I made the mistake to underestimate these criminal's energy and left my weekly rewards, mainly for 12% profits / year, on whirlwind's website.  
Expecting that they are here to establish their service long-term and also many incentives from them pointed into that direction, my risk calculation was way off, it looks like.
I‘ve tried to send some of it to my personal wallet last week, but there has been an error showing up on the wirlwind website. As I haven’t been in a hurry, I’ve just kept it there. Whirlwind hasn’t fixed anything since then.

After all, whirlwind.money wasted a big opportunity to become a famous and trusted mixer. Instead, they decided to pull of an exit scam. Shame, shame.  


Great offer and I've sent you a PM. I know DAI very well but the part of needing ETH is crucial for me here. It's always a problem for ETH tokens and bad for privacy reasons to require ETH because it will link wallets and leave a trace in the Blockchain.
So, if you can collect all DAI, where we only need to spend ETH from 1 source, it'll be a plus for everyone's privacy.
I'll also gladly cover your tx fees and effort.
+1 offer

Made 2 withdrawals yesterday, 0.025 and 0.01. I was wondering why my funds haven't gone through yet though I gave them the benefit of the doubt. Now after multiple people messaging me, no wonder I haven't gotten my money lol.

In hindsight, I was too complacent. Dumb dumb move.

Wait for the whirlwind team to comeback, sign a message and return. If they don't after waiting a fair amount of time then may be do some games and rounds for the forum users and sponsor the games. It's sad to see the bad ending of a promising business.

There were questions about it:
I think their "anonymity set" (which means the total number of deposits) was around 400 at the time. So, by offering 12%, they only managed to get on average 1 deposit per day since then. Maybe most people recognize by now when something is "too good to be true" by now. At that rate, it's going to take 25 years to reach their goal (of 10000 deposits), which makes it clear things didn't go as they expected.

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It wasn't very clear, but I'd say it was implied that it's okay to use the $40k to cover the risk of the anonymity mining. See these posts. The money in escrow was initially meant to cover the review campaign, but wasn't asked back. After that, whirlwindmoney agreed to add a 7 day delay if they ask the money back. Come to think of it: this delay could very well be the reason the money is still in escrow and this scenario was prevented. You're welcome

That makes sense.

The EU bank guarantee stops paying interest the moment a bank goes bankrupt, but you'd get interest until that happened. Considering it is at most a few percent, and considering how complicated it will be to calculate (and prove) the exact amounts, I'd say forget about the "interest". But I have no skin in this game.

Of course. They can create and sign any LoG they want. Or even make a real deposit through their own site, and use that deposit to claim the majority of the $40k. Or maybe they did already, there were a few larger deposits into the multisig addy lately.

I think it is safe to conclude the $40,000 DAI will cover signature campaign participants but what will happen to the remaining amount left over?

I've recorded and verified owed amounts for the following users:

Buchi-88, bullrun2020bro, Rikafip, fillippone, dkbit98, cygan, cryptofrka, sam00, Inwestour, o_e_l_e_o, mikeywith

If you haven't sent me a message or if you've not sent over LoG or privatekey you are not in the list above. Whenever you see this please send me a message ASAP so this can be sorted out.

Someone sent a message regarding business deals that weren't related to funds being stuck on whirlwind and that will not be taken into consideration, at least not at this time.

Here's the form again just in case it gets buried in all the replies:

A note to everyone filling out for a refund, you should all "hurry up" to make withdrawals while the website is still working, if it goes down you won't have any proof of how much you have left in the mixer, probably the reason why you need to provide both PK and LOGs is that some balances (below 0.001) can't be sent from the mixer so you would likely have some stuck in there with noway to prove it unless you provide the PK, but again, the note PK will be useless if the website goes down so please try to withdraw ASAP, and DO - NOT - FORGET - TO - DOWNLOAD - THE - LETTER - OF - GUARNTEE because then, your funds are lost forever even if the website is still functioning.

On a side but related note: Hhampuz and MJ will be doing a lot of work verifying all those logs, I alone have 4 logs and some leftovers on the mixer, i'd imagine many others may have even more, would be great if all of us donate some of it to them as appreciation for their efforts.

Any ETH ERC-20 address can receive DAI, or if you want to exchange to BTC, you can specify an exchange address that supports ERC-20 DAI.

I do not see this as a problem either. minerjones has 40k DAI available and of course it should be used. But before that, it should be defined for what kind of "debts" this sum will be used. And that is what has happened now.

I would not be surprised if ww shows up here and shouts out: "Scammer, youre guys owe me 40k.  

LOL, now that I read this, you are right.
Didn't you have a personal massage under where the profile picture is supposed to be that said "whirlwind is a scam" ?
First when I saw this I though what your problem with them would be but seems you have been right the whole time. 

Looks like you can predict the future.