Topic: BETKING & DEAN NOLAN: Disastrous Reputation! Read This Reddit Post. - page 5. (Read 3028 times)

the scammer sucessfully pulled off a big scam. i remember warning guys not to invest in his comeback cos it will be one of the biggest scam in btc dicing . i was given distrut for that from his asslickers, now he is gone with all the cash lol. he is claiming that it was hacked. wtf is hack, someone won big and he was butt hurt and decided to run with the guys profit and peoples investment. if only people listened to me before, this will have bee averted

It really is amazing that serial scammer Dean Nolan is so stupid (as thick as two short planks), what an imbecile. Locking and unlocking the thread to post his propaganda.

Anyway, who can forget his threats to investors including this one he to camtheman recently:

BetKing's latest topic is self-moderated and locked:
It's very common for scammers to use locked self-moderated threads to promote their scam on Bitcointalk, and Dean is no exception.

What's really nice, is that the thread miraculously gets unlocked every time a sockpuppet totally unrelated Newbie account wants to post there to say what a great guy Dean is. Dean isn't stupid, so he doesn't even care how obvious his sockpupping is.

Thank you for the excellent question. Others have wondered the same thing. Using newbie accounts to post how happy there are that they lost their funds and appreciate all that "deano" is doing and thanking him shows exactly what a low-life he he is. As for the funds, well he stole the final 50+ BTC from investors worth over $400,000 so yes he could pay them back. I mean, which kind of imbecile loads $400,000+ from a cold-wallet on to a hot-wallet just in time for it to allegedly get stolen but not even report it to the Police? The only reason for not reporting it to the Police is......?

As far as serial scammer Dean Nolan opening a thread over a month after he closed the website while making it clear he intended to return all funds to all investors (including threats to delay payment if they intend to report him to the Police or try to take legal action against him). He also mentioned he started a new business or was about to start one. I simply put it down to a classic case of misdirection.

It is well known that scammers, thieves and compulsive liars would constantly say things intended to cloud the judgement of interested parties. In this case, serial scammer Dean Nolan is using the forum here to posting for the sake of showing he is trying to repay investors. With that information available in a public forum, anybody thinking of taking him to court in a civil litigation action or reporting him to Police would have to consider the merit of that lie (about him trying to repay the funds to victims). This is classic misdirection.

Consider the alternative, if serial scammer Dean Nolan posted that he did indeed steal the 50+ BTC in October 2019 and blamed it on an imaginary hack and if he also admitted to stealing around a minimum of $3.25 million from the 2017 betking ICO including a minimum of those 30 million BKB tokens and if he admitted he scammed the winners of the 2018 Christmas wager out of 20+ BTC and if he admitted he destroyed any chance of betking being successful when in breach of the ICO promise he deliberately emptied the bankroll funds to use on the buy-back guarantee knowing that he could use it to cash in the stolen 30 million BKB - then what would be the outcome? He would be open to a criminal investigation.

Right now, serial scammer Dean Nolan has only ever posted in this forum when it suited his own needs. The small community of casino who had skype chats and were on friendly terms with each other have excluded this thief. Nobody wants anything to do with him. He only came here trying to spout the same trash that he thinks will extend his time before an inevitable criminal investigation begins. Not all businesses have the person entrusted to run them steal a minimum of over $3 million from it and bankrupt it including topping up the contents of a cold-wallet on to a hot-wallet just before it allegedly got hacked:

May be he is feeding his ego by opening the thread or he is willing to compensate everyone who lost money for the experiment he was doing, these tokens are high risk experiment and you cannot control how the market should react and may be that is what happened to him.

There is no clarity on how he is going to compensate his investors nor where the funds comes and that too after getting his site hacked and what more to loose now  .

Really shady with newbie accounts vouching and that is the reason i thought he was feeding his ego and if he is planning to compensate the investors, let him do that.

I'm really wondering now what's the reason he opened that thread ? I mean the site is done and bitcointalk doesn't trust him anyways so what's the point ?

currently I really don't understand the situation at all cause I never expected him to show up here , does this thing have anything to do with legal stuffs or is there actually a chance that he is willing to pay these lost funds ?

totally agree with you about the newbie accounts tho it's totally shady and most likely fake as well , but what's the point of these positives vouches

So the serial scammers opens a self-moderated thread then locks it.

He explains betking is closed because of a hack and he somehow will make payments to investors but continues to refer to "we". He is one man band  

He made no mention that he stole 50 BTC in October 2019 and blamed it on an imaginary hack which only happened after he transferred all the bankroll funds from the cold-wallet to the hot-wallet just before the hack took place yet he never had done that before going back to the days of the pocketrocketcasino days until the time of the hack.

He will go to jail - it is inevitable.

Somehow it is unlocked to allow a newbie to post before locking it again. The only way it works is if a sock-puppet is being controlled by the imbecile serial scammer Dean Nolan:

https://bitcointalksearch.org/topic/m.53109825

I think you captured the sentiments and the facts correctly.

Serial scammer Dean Nolan had no intention of running a straight business. He just wanted to line his own pockets and the ICO was the perfect excuse. He made millions of USD$ which were stolen from the company that owned betking in 2017 which was registered in Costa Rica (Betking SRL Number: 3-102-744110).

Nowadays the Costa Rica company no longer exists and it just © betking.io in the website footer and that of course means that serial scammer Dean Nolan can be sued in a Court of law in the United Kingdom with ease because he has no off-shore company to hide behind.

If investors and winners that were scammed would like to have this thief imbecile Dean Nolan investigated by the UK Police (Scotland Sheriff) then please get in touch so I can add your information to my case file before presenting it to the legal authorities:

https://bitcointalksearch.org/topic/scam-alert-legal-action-against-dean-nolan-betkingio-5047787

It was never about actually building a feasible straight business, it was done during the peak ICO times and it was just to see if they could make a lot of money with it, they did made a ton of money and they have earned more than they could ever dreamed of and now its time to move on, not like they planned on paying anyone anything, they were planning on just getting the total amount all together at once, you can put that much money into savings account and still live a very large life, running a casino does make you a lot of profit but first you have to work for it and be careful not to get hacked and on top of that you only make a lot of money every day, this way you make years worth of it in one day. Hence, they didn't even set out to create a good business.

Nice to see your post nutildah, thank you for posting here and for keeping an eye on what is going on with this subject.

Yes it is true, serial scammer Dean Nolan owns over 78.5% of the current incarnation of the betking website and this after he stole 30 million of the original 100 million BKB tokens created in the 2017 ICO and on top of those 30 million tokens he stole it is currently hard to work out exactly how many other tokens he stole when he siphoned them off.

A simple calculation using the guaranteed buy-back rate which he ditched as soon as he cashed in the 30 million BKB tokens he stole it amounted to $2.785 million and that amount is excluding the untold millions of BKB tokens he siphoned-off.

Somehow when he moved over to EOS tokens creating BKT tokens he ended up with 10% of the tokens for himself thus 10% ownership and the investors allowed that to happen. Now, by burning over 8 billion of the 10 billion EOS tokens it leaves this serial scammer pathetic imbecile Dean Nolan with an ownership of over 78.5% of all BKT tokens. Strange how he did not burn his own ownership on the same ratio as he was burning other tokens so his stake would never have increased and investors would have held more than the 414 million BKT tokens they share between them.

He obviously has fooled the original ICO investors by spinning them more lies and duped them in to hanging on yet in the end he is effectively the majority shareholder by a massive margin even though he scammed everybody and pocked multi-millions illegally after the 2017 ICO and that is theft which if investors step forward will be enough to start legal proceedings against this serial scammer Dean Nolan.

I am trying to get a few more pieces of information and evidence as well as information from ICO investors before presenting my case file to the UK (Scotland Sheriff) Police: https://bitcointalksearch.org/topic/scam-alert-legal-action-against-dean-nolan-betkingio-5047787

Gee, what could possibly go wrong here? 

He only has more than 3x the total circulating supply of this token... Unfortunately he won't be able to crush the token from almost nothing to nothing too easily, as there seems to be zero market demand for it.

I've been following this issue since you first commented about it, and then thanks to LoyceV's input on the matter as well in the Scam Accusations section. No doubt what he's been doing is illegal, but even when it comes to these types of issues that could border on the gray areas of the law, why would anyone trust a guy with such an awful reputation on anything going forward? He's got an awful track record and I would hope investors of any future project of his would take that into consideration before trusting him with their money.

From nearly bankrupting betking by stealing millions from its ICO funds to completely destroying the reputation of betking single-handedly, somehow the investors have allowed this serial scammer imbecile Dean Nolan to take ownership of over 78% of betking.

Somehow a part of me believes they should have started that legal action against him when it a hot-topic within a closed group very recently. Even now they should reconsider and start the legal action. I also will contribute all my findings and research to the cause because it will be the best way for the investors to try to recoup some of the millions that were siphoned-off by serial scammer imbecile Dean Nolan and will hopefully result in him getting jail time.

His latest masterstroke was to move over to EOS tokens with billions of BKT set aside for airdrops and promotions in the hope to bring in 200,000 new users. It did not work, betking is virtually dead.

There were a staggering 10,000,000,000 BKT tokens created on EOS. Now, there are just 414,268,058 BKT in circulation and a massive 8,085,731,942 BKT burned. The remaining 1,500,000,000 BKT belong to serial scammer Dean Nolan.

So just to recap, of the 1,914,268,058 BKT remaining which form ownership of betking, serial scammer Dean Nolan alone currently owns more than 78.5% of betking yet when the EOS tokens were launched he owned 10%.

Serial scammer Dean Nolan is up to no good again
 

Considering serial scammer Dean Nolan called this forum a "cesspit" that full of scammers and trolls and said that the forum was dying and nobody visited it, he has a funny way to show how important it is to the future of betking and any continuation of the scam.

You are right. A scam IS a scam.

Serial scammer did steal a minimum of 1/3 of the total ICO funds outright valued at $2.785 million, as for the rest we just do not know exactly how much he stole because there are no publicly available audits.

scam is a scam.

Dean promised 10% quarterly buybacks that are still not offered.
50% goes to bankroll investors, but the bankroll should have been funded with the ICO funds.

Obviously Dean put the ICO funds in his own pocket and scamming the investors instead of developing a decent product.

Can you list which criminal acts I am "doing day in day out with lies and propaganda"

 

It is interesting you use the word "criminal"

I do agree with you that the reason why scammers (including serial scammers and compulsive liars such as Dean Nolan) continue to scam is because they will always tend to find gullible investors that put money in to their scams. Another factor is when these scammers get side-kicks to start freebie promotions too.

1 thread please, you were asked to please keep it to 1 thread by Rhavar.
Amazing the criminal acts you are doing day in day out with lies and propaganda, why no mods of this forum care that you break rules everyday? I pm'd them they did not even give me a response. Makes me wonder if you have ties with them.....