Topic: ASICminer & FriedCat - what to do (Read 1994 times)

I suspect their are a lot of Chinese nationals who lost money in asicminer too. They must be stsrting some sort of class action against asicminer and it's directors. I think OP should post a thread in the Chinese board asking what they are doing to recover some of their money or hunt down FC. It's a long shot, but worth a try.

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you know his full name

you have pictures


it is not hard, not hard at all to create a website entitled:


xxxxxisascammer.com

it would cost less than $1000 to design, set up, and pay for all hosting for 20 years.


translate said website into chinese also.


present your information on the website



he's a chinese national, just as he believes it is unlikely for you to pursue legal action against you, what do you think the odds are of him doing the same to you? Of course, you have hard evidence and facts on your side where he does not.

I wouldn't go so far as hiring a goon, but alerting the authorities is definitely a possibility. I don't really know which authority to go to, and how to bridge the language barrier. I am going to speak to the consulate and see if they can help me find the right people to complain to. I understand China takes a very hard line against nationals who embezzle and defraud, even more so when they cheat foreigners. Something about bringing shame to the nation.
I'd love to see that skinny nerd FC thrown into a Chinese gulag. He can farm WoW gold for the rest of his life. Put his 'puter skills to work. Hopefully they'll just shoot him.

Wasn't someone here speculating he has gone to work for BitFury? I'm sure they would keep that info on the downlow but if we could "out" him as working there, or anywhere for that matter, it would tank their value. Not that I'm out to ruin any companies, I would just like to make FC 100% unemployable. He should be a pariah across the industry. He really let us down and I for one want him to pay, in every respect!

you need to hire a private investigator.

it wouldnt be hard to e.g.

go to hong kong and hire a guy who is reputable and speaks/writes chinese (mandarin) and english


I'd also be hoping that you or some other interested party either possesses money or non-public information that will make finding him easier.

its china, just pay someone to go break his legs.
Or grease the palm of an official to have him picked up and disappear in the jails.

How did you find out he's circumcised, keeping the tip in a mayonnaise jar on a shelf since noon of the day he was born?

If you hand deliver the bill to Friedcat, he'll even give you a tip

http://www.huobi.com/

That took me almost 37 seconds. Where do I submit the bill for my time? 

Has anybody an idea which bank accounts were used by Friedcat? His personal one, the ones of friends, relatives?

And as far as I know, he always exchanged his coins into fiat. Has anybody and information which exchange he used?

No, it won't. Guy 'knows' FC the same as any of us who have worked with him, or other principles that have met him.

Your best bet is to wait for him to surface naturally and wait for an appropriate moment. Make a basic report to your country's police (or FBI for international?) to get something timestamped and then wait. Check your statute of limitations and conditions under which it is and isn't active. Then wait.

This might help - https://bitcointalksearch.org/topic/m.10701511

I dont let the scams lie around too. I opened the thread to find trendon shavers (pirateat40), iam running behind scams or bad things like labcoin, activemining, weexchange and others. Sometimes i grouped with others to get results. Using private investigators, lawyers or even (legal) hackers. And the result is that i know more than practically everyone, sometimes good chances to get much of it back, sometimes things are in progress.

My first priority is to get my funds back if i lost something. If thats not possible i want the culprit sit in jail.

So when you ask me on this case... build a group, use a private irc chat, maybe a forum, collect data, collect coins for a private investigator and so on.

You see, in the last time many scammers were found too, often in china, but bitcoin is not the safe haven for scammers anymore. There is a serious risk involved.

I suggest not to give in to hate, naming or other stupid behaviour. Remain level headed, you want your coins back, and see it as a business decision you do. You will have WAY more success if youre friendly and really want to know whats going on instead falling in childish behaviour.

Its hard for me to imagine that friedcat could vanish without traces really. He is no pro. Of course thats only the case if he left on his own, that he did not "get" left.

Of course it might mean that you need to "throw good money after bad money". I never understood that behaviour i found first with pirateat40 victims. You need to be different then.

friedcat works as a slave for an evil mining corp in a dark basement now, so basically there's nothing you can do.

they failed with their last gen of asic chip, but instead of owning up and dissolving the company, the principal (Fried Cat AKA Xinyu Jiang AKA Della Lu) simply disappeared with ~80K of company btc. embezzlement is what you'd call it technically.

there's zero hope of getting a satoshi back, I'd just like to see Fried Cat get punished. I do not speak chinese and have no idea how to navigate the chinese legal system... I'm guessing I would talk to the embassy? If no one speaks up, which I assume is happening due to silence on the threads, these guys walk scott free. I want to turn up the heat any way I can.

was this a case of fraud like BFL or did they simply go bankrupt?

I lost a chunk of change in the form of my shares of asicminer going bust. I realize I will probably never see a satoshi from these assholes, but I still feel that they should be punished. What could a north american do to bring retribution on these chinese nationals? does anyone have any leads on where I can make a formal legal complaint? I do not speak chinese, but i would love to let the chinese authorities know about their corrupt citizen and let them exact revenge for me.

any realistic and low cost solutions appreciated, I will follow up on any realistic suggestions.