Hey,
I would like to offer my service for every investor that allegedly lost his investment with BetKing.io. As for now, by reading the replies I understand Dean Nolan located in the UK. It is an easy task for me to hire a private investigator to track down dean and to start a legal case against him.
I do need to know how many investors want their money back and what was the investment amount. If at least 5 people will contact me, i will move forward to the next stage.
Agent.
Topic: BetKing.io is a blatant scam operated by Dean Nolan - page 12. (Read 31297 times)
...
camtheman you are going to ruin this for a lot of people. Respond to the email and chat instead of hiding on the forum
@ betking investors
All investors are advised and requested to make all correspondence that occurred after the alleged hack took place to be made public here.
If possible please post screenshots after removing any private details you do not want to display.
It is important to know which excuse serial scammer Dean Nolan gave for moving BTC from the cold wallet to the hot wallet.
It is important to know the exact amount he claims was allegedly stolen in the alleged hack.
As an investor please ask him for blockchain proof of payment for winners along with dates and times, names and email addresses of so-called winners to cross reference.
...
camtheman you are going to ruin this for a lot of people. Respond to the email and chat instead of hiding on the forum
Ok, I've created a bitcointalk account just to post on this thread, and I have a few things to say.
~snip~
That's my story, thanks for reading.
~snip~
That's my story, thanks for reading.
If you want my opinion, it is likely to me you are Dean, but let's say you are not.
Dean ran a successful site years ago and the truth is just because he was honest then, does not mean he is now. He maybe became desperate after losing millions and desperation turned him into a scammer.
In regards to the ICO: I don't know how bitter you can be justifiably about the ICO not working out I suppose it is possible a business just does not succeed. At minimum there is an assumption with an investment like that the money COULD be lost. BUT, where the hell did the money go? you're telling me it takes literally MILLIONS of dollars to keep the domain up and shit? No, I dont think so. Even if he used it to live a great life 200k euros a year, he would still theoretically have MILLIONS left. God knows where it went. Oh wait I know... in his pocket?
I am not sure you completely understand that when Betking went down there were 50 btc on the site in the bankroll plus a lot of other currency. But 50 BTC is 400k. That money had ZERO indication it would be lost. In fact, the site stated we were up 22BTC! You cant find losses in the betting log nor were they updated to show in the bankroll +/-. Then the site domain expires and Dean says "whoops, the money is gone we were hacked". Believable? Not to me either.
I am sorry you may not get your investment back, but the truth is us trashing him here likely does not hurt you. Why? Because Dean is a liar. He is trying to say to me "oh dont you want your investment back? youre hurting your chances by flaming me". This is just a mechanism of fear he is trying to instill. Typical scammer. He tries to scare me by trying to say I wont get my investment back by posting here, but that goes off the assumption that he's honest. He is not honest. It would be better to ensure this guy never touches others money again because then people won't get scammed. Im sorry but your investment...likely gone my friend. The greater good is that Dean's projects never hurt another.
Overall you step back and say... what is more likely? Is it more likely Dean is extremely unlucky or is he just untruthful? At this point, I have concluded untruthful. But that is your call.
Edit: this was meant to be a reply to badanplunkett
Well serial scammer Dean Nolan has a history of using sock-puppet accounts in this forum, you might be right.
Hopefully he will be arrested by police and questioned: https://bitcointalksearch.org/topic/scam-alert-legal-action-against-dean-nolan-betkingio-5047787
Ok, I've created a bitcointalk account just to post on this thread, and I have a few things to say.
I've been reading this thread for ages, but some of the things stated recently have annoyed me enough to actually post for once.
My story is that I invested a lot in Pocket Rockets back in the day and it did really well. I found the site to be professional and run honestly. When I went to withdraw large amounts of BTC, a lot of which was profit, it withdrew successfully and on time. If it had been an exit scam or something like that, I wouldn't have expected my profits to come back.
When BetKing's ICO came along, which happened not long after the BTC bubble popped, I went back in with maybe 33% of the profit I had made through Pocket Rockets. There were a few changes from BKB to BKT etc, and it is clear that both BKB and BKT never managed to gain any meaningful market value. The big betters who had made Pocket Rockets so profitable had gone.
I saw over this period that Dean worked on many different ideas, but nothing seemed to work. This very forum started and due to JollyGood's constant bumping and perhaps some SEO magic, this forum became one of the top hits for BetKing.io, which has had a real impact on new user traffic.
I previously felt and I still feel that if Dean were a scammer, he would have left long ago. There is nobody helping him, there are only people criticizing him.
I acknowledge that my hoard of BKT and BKB is now worthless. I don't feel too bad about this, because technically this is money is 33% of the profits that Pocket Rockets made for me, so I'm still ahead. The only value it has at this stage is in the obligation that Dean feels to pay everyone back. By that, I mean, my best chance of making any money back from BKT and BKB is through Dean's efforts to make everyone whole. If Dean goes away, I get nothing back. If BKT and BKB are floated again for sale on an exchange, I get nothing. So, although very optimistic, it is in my best interests to take Dean at his word and encourage him to continue to make other sites to try and make everyone whole. In my dealings with him, I've found him to be honest, and I do believe the whole BKT and BKB thing is not malicious, it is just poorly planned, plus some unfortunate luck.
I do feel for the people who invested into BKB or BKT from scratch and did not have the benefit of being involved in Pocket Rockets earlier. Those people have seen their investment pretty much wiped out. Same goes for people who invested more than their profit from Pocket Rockets.
Finally, talking about some of the folks on this forum.
RHavar - You're the reason why I posted. You said in one of your messages that it is scammy that Dean is creating other sites and not telling the investors the names of the sites. Well of course he is!!! If he were to tell everyone the name of the new sites (Which he is using to try and make everyone whole), the moment this forum caught a whiff of the name, they would run it straight into the ground. Of course he is keeping the names secret! Damned if you do and damned if you don't... what, exactly is he meant to do? And don't give me that whole "Dean should pay everyone from the massive hoard of funds he has scammed"... I saw the bankroll at the time, it was nothing like the figures that are being quoted in this thread.
and finally....
JollyGood - I don't get it. There is some part of your story that I'm not understanding. Why are you spending such an extraordinary amount of time and effort running this particular site into the ground? You've won, mate. Its traffic has been run into the ground because of this very forum, you don't need to do any more. Can you let up and give me a chance of making my investment back please? What's the story? I don't understand why you are doing this. Is it because you were an investor and lost money? Are you running a competing site? I genuinely want to know what is motivating you to spend so much effort on this campaign.
That's my story, thanks for reading.
I've been reading this thread for ages, but some of the things stated recently have annoyed me enough to actually post for once.
My story is that I invested a lot in Pocket Rockets back in the day and it did really well. I found the site to be professional and run honestly. When I went to withdraw large amounts of BTC, a lot of which was profit, it withdrew successfully and on time. If it had been an exit scam or something like that, I wouldn't have expected my profits to come back.
When BetKing's ICO came along, which happened not long after the BTC bubble popped, I went back in with maybe 33% of the profit I had made through Pocket Rockets. There were a few changes from BKB to BKT etc, and it is clear that both BKB and BKT never managed to gain any meaningful market value. The big betters who had made Pocket Rockets so profitable had gone.
I saw over this period that Dean worked on many different ideas, but nothing seemed to work. This very forum started and due to JollyGood's constant bumping and perhaps some SEO magic, this forum became one of the top hits for BetKing.io, which has had a real impact on new user traffic.
I previously felt and I still feel that if Dean were a scammer, he would have left long ago. There is nobody helping him, there are only people criticizing him.
I acknowledge that my hoard of BKT and BKB is now worthless. I don't feel too bad about this, because technically this is money is 33% of the profits that Pocket Rockets made for me, so I'm still ahead. The only value it has at this stage is in the obligation that Dean feels to pay everyone back. By that, I mean, my best chance of making any money back from BKT and BKB is through Dean's efforts to make everyone whole. If Dean goes away, I get nothing back. If BKT and BKB are floated again for sale on an exchange, I get nothing. So, although very optimistic, it is in my best interests to take Dean at his word and encourage him to continue to make other sites to try and make everyone whole. In my dealings with him, I've found him to be honest, and I do believe the whole BKT and BKB thing is not malicious, it is just poorly planned, plus some unfortunate luck.
I do feel for the people who invested into BKB or BKT from scratch and did not have the benefit of being involved in Pocket Rockets earlier. Those people have seen their investment pretty much wiped out. Same goes for people who invested more than their profit from Pocket Rockets.
Finally, talking about some of the folks on this forum.
RHavar - You're the reason why I posted. You said in one of your messages that it is scammy that Dean is creating other sites and not telling the investors the names of the sites. Well of course he is!!! If he were to tell everyone the name of the new sites (Which he is using to try and make everyone whole), the moment this forum caught a whiff of the name, they would run it straight into the ground. Of course he is keeping the names secret! Damned if you do and damned if you don't... what, exactly is he meant to do? And don't give me that whole "Dean should pay everyone from the massive hoard of funds he has scammed"... I saw the bankroll at the time, it was nothing like the figures that are being quoted in this thread.
and finally....
JollyGood - I don't get it. There is some part of your story that I'm not understanding. Why are you spending such an extraordinary amount of time and effort running this particular site into the ground? You've won, mate. Its traffic has been run into the ground because of this very forum, you don't need to do any more. Can you let up and give me a chance of making my investment back please? What's the story? I don't understand why you are doing this. Is it because you were an investor and lost money? Are you running a competing site? I genuinely want to know what is motivating you to spend so much effort on this campaign.
That's my story, thanks for reading.
I will answer your question but will not read your reply because I have added you to my IGNORE list because you seem to have nothing negative to say about serial scammer Dean Nolan yet you (as a newbie) are using the same language the he spouted all along.
My interest in the betking scam started when I saw the ICO thread in 2017. At that time I went to the forum and made numerous posts about it being a scam which would unfold sooner or later. I gave my reasons back then approximately 2 years and 4 months ago. Eventually, in the end betking is dead but not because of an alleged hack/theft but because of serial scammer Dean Nolan wanting to pocket free cash and blaming it on a hack.
I am waiting for solid conclusion from victims of the betking scam to come forward so a plan can be made to sue that imbecile thief serial scammer Dean Nolan. Several victims have been in touch, we are communicating and if we agree a way forward there is no doubt serial scammer Dean Nolan will be interviewed by Scotland Police officers (Sheriff).
I will donate money to help pay for a lawyer and will personally provide any assistance to the victims when their legal team will serve litigation on serial scammer Dean Nolan at his home address but that will only happen after the Police interview him on charges of fraud and in the unlikely circumstances they do not press charges.
This forum and its users are not to blame for the demise of betking. The person to blame for its demise is serial scammer Dean Nolan.
Users from the forum did not create and conduct the 2017 betking ICO
Users from the forum did not receive $6.5 million in the 2017 ICO (more than 1000 BTC, 4500 ETH and 850 LTC)
Users from the forum did not steal a minimum of 30 million BKB from the 100 million BKB created in the ICO
Users from the forum did not steal $3+ million from the $6.5 million raised in the 2017 betking ICO
Users from the forum did not siphon-off BKB tokens under the guise of paying for the website upkeep
Users from the forum did not break every promise the ICO was based on. No new games, no development, no marketing team, no customer services team, nothing
Users from the forum did not steal over 500 BTC and over 2250 ETH and over 425 LTC from the bankroll to buy back tokens leaving the $3.25 million bankroll near empty
Users from the forum did not promise to keep 50% of the ICO funds exclusively for the bankroll - only to renege thus making betking worth next to nothing
Users from the forum did not promise to use 50% of all funds for "marketing, promotions, SEO, design development, server costs and legal" only to siphon-off those funds
Users from the forum did not guarantee a BKB minimum buy-back rate of $0.09286 + any profit, only to renege
Users from the forum did not scam winners of the 2018 Christmas wager which left legitimate winners out of pocket to the tune of 20 BTC +EV, blaming imaginary "cheating"
Users from the forum did not steal the Crash gaming code which would have cost a licence fee of 2 BTC payable to its rightful owner (devans)
Users from the forum did not try to sell betking and failed on several occasions after the ICO
Users from the forum did not try to convert BKB tokens to "bitsafe" tokens by closing down betking and opening "bitsafe" exchange hoping to raise $10 million from another scam ICO
Users from the forum did not lie to RHavar with the aim of try to dupe him in to buying large scale BKB when betking was sinking
Users from the forum did not convert BKB tokens to EOS BKT tokens and add more ownership to serial scammer Dean Nolan
Users from the forum did not shut down the betking Telegram which was a move to stop investors talking to each other after talk of possible legal action began going around
Users from the forum did not claim they lost approximately 50 BTC or $400,000 of investors money by conveniently blaming an imaginary website hack
Users from the forum did not allegedly (and conveniently) transfer 50+ BTC from a cold wallet to a hot wallet just before the imaginary website hack took place
The fault for the demise of the betking website is firmly with serial scammer Dean Nolan. His initial greed to get rich followed by his out-and-out theft of investor funds make him a criminal waiting to be arrested.
He can look back with nostalgia at his once mighty empire which brought in funding from gullible investors after they were warned by many people not to trust serial scammer Dean Nolan because his motives for the 2017 ICO were driven by out-and-out greed. Add immaturity, ignorance, arrogance and lack of business acumen to the mix then it was always going to end in disaster.
It was just over 2 years ago the ICO ended and gave him access to funds beyond his imagination. Greed was always going to get the better of him. The following was raised in the 2017 betking ICO and as of yet the full scale of his scam and theft cannot calculated but a minimum of $2.784 million can be traced back as being stolen by serial scammer Dean Nolan:
BTC - 1,046.60623396 ($4,811,039.536)
ETH - 4619.11055426 ($1,622,277.817)
LTC - 856.08369263 ($67,211.1307083813)
Total Raised - $6,500,528.48
BKB minimum guaranteed quarterly buy-back price - $0.09286
If you want my opinion, it is likely to me you are Dean, but let's say you are not.
Dean ran a successful site years ago and the truth is just because he was honest then, does not mean he is now. He maybe became desperate after losing millions and desperation turned him into a scammer.
In regards to the ICO: I don't know how bitter you can be justifiably about the ICO not working out I suppose it is possible a business just does not succeed. At minimum there is an assumption with an investment like that the money COULD be lost. BUT, where the hell did the money go? you're telling me it takes literally MILLIONS of dollars to keep the domain up and shit? No, I dont think so. Even if he used it to live a great life 200k euros a year, he would still theoretically have MILLIONS left. God knows where it went. Oh wait I know... in his pocket?
I am not sure you completely understand that when Betking went down there were 50 btc on the site in the bankroll plus a lot of other currency. But 50 BTC is 400k. That money had ZERO indication it would be lost. In fact, the site stated we were up 22BTC! You cant find losses in the betting log nor were they updated to show in the bankroll +/-. Then the site domain expires and Dean says "whoops, the money is gone we were hacked". Believable? Not to me either.
I am sorry you may not get your investment back, but the truth is us trashing him here likely does not hurt you. Why? Because Dean is a liar. He is trying to say to me "oh dont you want your investment back? youre hurting your chances by flaming me". This is just a mechanism of fear he is trying to instill. Typical scammer. He tries to scare me by trying to say I wont get my investment back by posting here, but that goes off the assumption that he's honest. He is not honest. It would be better to ensure this guy never touches others money again because then people won't get scammed. Im sorry but your investment...likely gone my friend. The greater good is that Dean's projects never hurt another.
Overall you step back and say... what is more likely? Is it more likely Dean is extremely unlucky or is he just untruthful? At this point, I have concluded untruthful. But that is your call.
Edit: this was meant to be a reply to badanplunkett
I previously felt and I still feel that if Dean were a scammer, he would have left long ago.
Dean has been bitter for quite a while. He closed BetKing the first time, because he was tired of running it all on his own and dealing with people trying to scam the site all the time. What he should have done, was hire a professional management team!I guess he got bored after a few months, and wanted to relive his glory days. And the fact that he didn't scam before was the main reason for people to still invest in his ICO. I guess there was no reason to scam when he ran the first version of BetKing: the site made much more profit than house edge (due to a very small number of very unlucky high bets?), and things were going great! It's not difficult to be a honest guy when you earn loads of money.
It's much more difficult to be honest when you're not earning money, as we've seen in his recent behaviour.
HOWEVER, this forum is definitely responsible for the fact that it doesn't get traffic any more.
Thanks! I take that as a compliment 
I warned dean I would create a scam accusation when he didn't honor his promise to buy back BKB tokens, and he told me to do so. So I created [FLAGGED] [scam] BetKing.io broke ICO promise and dropped token value 99%. I hope the $700 was worth it dean!
I don't often create scam accusations, but when I do, I make sure they count!
The reason to continue posting here is to ensure dean can't scam other clueless people in his next "project". It's quite common for scammers to repeat their money making scams under different names.
Ok well I've got your answer now JollyGood, and I'll leave it there. If I ever need to hire someone to trash the reputation of a website or person on the web, I'm going to hire you to do it, because you're bloody good at it.
I'm not going to get the last word, and I'm okay with that. I do disagree with some of the things you have said above, I want to make that clear. I believe there was poor planning, but I really don't think this was some massive scam or exit scam.
You're obviously much more invested in this thread than me, so you'll get the last word, but I just wanted to say my story for the record.
As for the future, I hope I get some of my BKB/BKT investment back. Might happen, might not, time will tell.
I'm not going to get the last word, and I'm okay with that. I do disagree with some of the things you have said above, I want to make that clear. I believe there was poor planning, but I really don't think this was some massive scam or exit scam.
You're obviously much more invested in this thread than me, so you'll get the last word, but I just wanted to say my story for the record.
As for the future, I hope I get some of my BKB/BKT investment back. Might happen, might not, time will tell.
No, I've got negative things to say. I think the BKB/BKT thing was a big mistake. I think it was a bad idea to stop native BTC investment. I think it sucks that anyone who invested into BKB/BKT lost pretty much everything, and I think that is due to some bad decisions from Dean.
JollyGood - You haven't answered my question. What's your motivation for all of this effort? Were you an investor? Do you run a competing site?
Extra edit...
And ok, ok, I get it, this forum is not responsible for the initial demise of Betking.
HOWEVER, this forum is definitely responsible for the fact that it doesn't get traffic any more.
JollyGood - You haven't answered my question. What's your motivation for all of this effort? Were you an investor? Do you run a competing site?
Extra edit...
And ok, ok, I get it, this forum is not responsible for the initial demise of Betking.
HOWEVER, this forum is definitely responsible for the fact that it doesn't get traffic any more.
Ok, I've created a bitcointalk account just to post on this thread, and I have a few things to say.
I've been reading this thread for ages, but some of the things stated recently have annoyed me enough to actually post for once.
My story is that I invested a lot in Pocket Rockets back in the day and it did really well. I found the site to be professional and run honestly. When I went to withdraw large amounts of BTC, a lot of which was profit, it withdrew successfully and on time. If it had been an exit scam or something like that, I wouldn't have expected my profits to come back.
When BetKing's ICO came along, which happened not long after the BTC bubble popped, I went back in with maybe 33% of the profit I had made through Pocket Rockets. There were a few changes from BKB to BKT etc, and it is clear that both BKB and BKT never managed to gain any meaningful market value. The big betters who had made Pocket Rockets so profitable had gone.
I saw over this period that Dean worked on many different ideas, but nothing seemed to work. This very forum started and due to JollyGood's constant bumping and perhaps some SEO magic, this forum became one of the top hits for BetKing.io, which has had a real impact on new user traffic.
I previously felt and I still feel that if Dean were a scammer, he would have left long ago. There is nobody helping him, there are only people criticizing him.
I acknowledge that my hoard of BKT and BKB is now worthless. I don't feel too bad about this, because technically this is money is 33% of the profits that Pocket Rockets made for me, so I'm still ahead. The only value it has at this stage is in the obligation that Dean feels to pay everyone back. By that, I mean, my best chance of making any money back from BKT and BKB is through Dean's efforts to make everyone whole. If Dean goes away, I get nothing back. If BKT and BKB are floated again for sale on an exchange, I get nothing. So, although very optimistic, it is in my best interests to take Dean at his word and encourage him to continue to make other sites to try and make everyone whole. In my dealings with him, I've found him to be honest, and I do believe the whole BKT and BKB thing is not malicious, it is just poorly planned, plus some unfortunate luck.
I do feel for the people who invested into BKB or BKT from scratch and did not have the benefit of being involved in Pocket Rockets earlier. Those people have seen their investment pretty much wiped out. Same goes for people who invested more than their profit from Pocket Rockets.
Finally, talking about some of the folks on this forum.
RHavar - You're the reason why I posted. You said in one of your messages that it is scammy that Dean is creating other sites and not telling the investors the names of the sites. Well of course he is!!! If he were to tell everyone the name of the new sites (Which he is using to try and make everyone whole), the moment this forum caught a whiff of the name, they would run it straight into the ground. Of course he is keeping the names secret! Damned if you do and damned if you don't... what, exactly is he meant to do? And don't give me that whole "Dean should pay everyone from the massive hoard of funds he has scammed"... I saw the bankroll at the time, it was nothing like the figures that are being quoted in this thread.
and finally....
JollyGood - I don't get it. There is some part of your story that I'm not understanding. Why are you spending such an extraordinary amount of time and effort running this particular site into the ground? You've won, mate. Its traffic has been run into the ground because of this very forum, you don't need to do any more. Can you let up and give me a chance of making my investment back please? What's the story? I don't understand why you are doing this. Is it because you were an investor and lost money? Are you running a competing site? I genuinely want to know what is motivating you to spend so much effort on this campaign.
That's my story, thanks for reading.
I've been reading this thread for ages, but some of the things stated recently have annoyed me enough to actually post for once.
My story is that I invested a lot in Pocket Rockets back in the day and it did really well. I found the site to be professional and run honestly. When I went to withdraw large amounts of BTC, a lot of which was profit, it withdrew successfully and on time. If it had been an exit scam or something like that, I wouldn't have expected my profits to come back.
When BetKing's ICO came along, which happened not long after the BTC bubble popped, I went back in with maybe 33% of the profit I had made through Pocket Rockets. There were a few changes from BKB to BKT etc, and it is clear that both BKB and BKT never managed to gain any meaningful market value. The big betters who had made Pocket Rockets so profitable had gone.
I saw over this period that Dean worked on many different ideas, but nothing seemed to work. This very forum started and due to JollyGood's constant bumping and perhaps some SEO magic, this forum became one of the top hits for BetKing.io, which has had a real impact on new user traffic.
I previously felt and I still feel that if Dean were a scammer, he would have left long ago. There is nobody helping him, there are only people criticizing him.
I acknowledge that my hoard of BKT and BKB is now worthless. I don't feel too bad about this, because technically this is money is 33% of the profits that Pocket Rockets made for me, so I'm still ahead. The only value it has at this stage is in the obligation that Dean feels to pay everyone back. By that, I mean, my best chance of making any money back from BKT and BKB is through Dean's efforts to make everyone whole. If Dean goes away, I get nothing back. If BKT and BKB are floated again for sale on an exchange, I get nothing. So, although very optimistic, it is in my best interests to take Dean at his word and encourage him to continue to make other sites to try and make everyone whole. In my dealings with him, I've found him to be honest, and I do believe the whole BKT and BKB thing is not malicious, it is just poorly planned, plus some unfortunate luck.
I do feel for the people who invested into BKB or BKT from scratch and did not have the benefit of being involved in Pocket Rockets earlier. Those people have seen their investment pretty much wiped out. Same goes for people who invested more than their profit from Pocket Rockets.
Finally, talking about some of the folks on this forum.
RHavar - You're the reason why I posted. You said in one of your messages that it is scammy that Dean is creating other sites and not telling the investors the names of the sites. Well of course he is!!! If he were to tell everyone the name of the new sites (Which he is using to try and make everyone whole), the moment this forum caught a whiff of the name, they would run it straight into the ground. Of course he is keeping the names secret! Damned if you do and damned if you don't... what, exactly is he meant to do? And don't give me that whole "Dean should pay everyone from the massive hoard of funds he has scammed"... I saw the bankroll at the time, it was nothing like the figures that are being quoted in this thread.
and finally....
JollyGood - I don't get it. There is some part of your story that I'm not understanding. Why are you spending such an extraordinary amount of time and effort running this particular site into the ground? You've won, mate. Its traffic has been run into the ground because of this very forum, you don't need to do any more. Can you let up and give me a chance of making my investment back please? What's the story? I don't understand why you are doing this. Is it because you were an investor and lost money? Are you running a competing site? I genuinely want to know what is motivating you to spend so much effort on this campaign.
That's my story, thanks for reading.
I will answer your question but will not read your reply because I have added you to my IGNORE list because you seem to have nothing negative to say about serial scammer Dean Nolan yet you (as a newbie) are using the same language the he spouted all along.
My interest in the betking scam started when I saw the ICO thread in 2017. At that time I went to the forum and made numerous posts about it being a scam which would unfold sooner or later. I gave my reasons back then approximately 2 years and 4 months ago. Eventually, in the end betking is dead but not because of an alleged hack/theft but because of serial scammer Dean Nolan wanting to pocket free cash and blaming it on a hack.
I am waiting for solid conclusion from victims of the betking scam to come forward so a plan can be made to sue that imbecile thief serial scammer Dean Nolan. Several victims have been in touch, we are communicating and if we agree a way forward there is no doubt serial scammer Dean Nolan will be interviewed by Scotland Police officers (Sheriff).
I will donate money to help pay for a lawyer and will personally provide any assistance to the victims when their legal team will serve litigation on serial scammer Dean Nolan at his home address but that will only happen after the Police interview him on charges of fraud and in the unlikely circumstances they do not press charges.
This forum and its users are not to blame for the demise of betking. The person to blame for its demise is serial scammer Dean Nolan.
Users from the forum did not create and conduct the 2017 betking ICO
Users from the forum did not receive $6.5 million in the 2017 ICO (more than 1000 BTC, 4500 ETH and 850 LTC)
Users from the forum did not steal a minimum of 30 million BKB from the 100 million BKB created in the ICO
Users from the forum did not steal $3.25+ million from the $6.5 million raised in the 2017 betking ICO
Users from the forum did not siphon-off BKB tokens under the guise of paying for the website upkeep
Users from the forum did not break every promise the ICO was based on. No new games, no development, no marketing team, no customer services team, nothing
Users from the forum did not steal over 500 BTC and over 2250 ETH and over 425 LTC from the bankroll to buy back tokens leaving the $3.25 million bankroll near empty
Users from the forum did not promise to keep 50% of the ICO funds exclusively for the bankroll - only to renege thus making betking worth next to nothing
Users from the forum did not promise to use 50% of all funds for "marketing, promotions, SEO, design development, server costs and legal" only to siphon-off those funds
Users from the forum did not guarantee a BKB minimum buy-back rate of $0.09286 + any profit, only to renege
Users from the forum did not scam winners of the 2018 Christmas wager which left legitimate winners out of pocket to the tune of 20 BTC +EV, blaming imaginary "cheating"
Users from the forum did not steal the Crash gaming code which would have cost a licence fee of 2 BTC payable to its rightful owner (devans)
Users from the forum did not try to sell betking and failed on several occasions after the ICO
Users from the forum did not try to convert BKB tokens to "bitsafe" tokens in November 2017 by attempting to close down betking and open "bitsafe exchange" hoping to raise $10 million from another scam ICO
Users from the forum did not lie to RHavar with the aim of try to dupe him in to buying large scale BKB when betking was sinking
Users from the forum did not convert BKB tokens to EOS BKT tokens and add more ownership to serial scammer Dean Nolan
Users from the forum did not shut down the betking Telegram which was a move to stop investors talking to each other after talk of possible legal action began going around
Users from the forum did not claim they lost approximately 50 BTC or $400,000 of investors money by conveniently blaming an imaginary website hack
Users from the forum did not conveniently transfer 50+ BTC from a cold wallet to a hot wallet just before the imaginary website hack took place
The fault for the demise of the betking website is firmly with serial scammer Dean Nolan. His initial greed to get rich followed by his out-and-out theft of investor funds make him a criminal waiting to be arrested.
He can look back with nostalgia at his once mighty empire which brought in funding from gullible investors after they were warned by many people not to trust serial scammer Dean Nolan because his motives for the 2017 ICO were driven by out-and-out greed. Add immaturity, ignorance, arrogance and lack of business acumen to the mix then it was always going to end in disaster.
It was just over 2 years ago the ICO ended and gave him access to funds beyond his imagination. Greed was always going to get the better of him. The following was raised in the 2017 betking ICO and as of yet the full scale of his scam and theft cannot be calculated without a full audit but a minimum of $2.784 million can be traced back directly as being stolen by serial scammer Dean Nolan:
BTC - 1,046.60623396 ($4,811,039.536)
ETH - 4619.11055426 ($1,622,277.817)
LTC - 856.08369263 ($67,211.1307083813)
Total Raised - $6,500,528.48
BKB minimum guaranteed quarterly buy-back price - $0.09286
Ok, I've created a bitcointalk account just to post on this thread, and I have a few things to say.
I've been reading this thread for ages, but some of the things stated recently have annoyed me enough to actually post for once.
My story is that I invested a lot in Pocket Rockets back in the day and it did really well. I found the site to be professional and run honestly. When I went to withdraw large amounts of BTC, a lot of which was profit, it withdrew successfully and on time. If it had been an exit scam or something like that, I wouldn't have expected my profits to come back.
When BetKing's ICO came along, which happened not long after the BTC bubble popped, I went back in with maybe 33% of the profit I had made through Pocket Rockets. There were a few changes from BKB to BKT etc, and it is clear that both BKB and BKT never managed to gain any meaningful market value. The big betters who had made Pocket Rockets so profitable had gone.
I saw over this period that Dean worked on many different ideas, but nothing seemed to work. This very forum started and due to JollyGood's constant bumping and perhaps some SEO magic, this forum became one of the top hits for BetKing.io, which has had a real impact on new user traffic.
I previously felt and I still feel that if Dean were a scammer, he would have left long ago. There is nobody helping him, there are only people criticizing him.
I acknowledge that my hoard of BKT and BKB is now worthless. I don't feel too bad about this, because technically this is money is 33% of the profits that Pocket Rockets made for me, so I'm still ahead. The only value it has at this stage is in the obligation that Dean feels to pay everyone back. By that, I mean, my best chance of making any money back from BKT and BKB is through Dean's efforts to make everyone whole. If Dean goes away, I get nothing back. If BKT and BKB are floated again for sale on an exchange, I get nothing. So, although very optimistic, it is in my best interests to take Dean at his word and encourage him to continue to make other sites to try and make everyone whole. In my dealings with him, I've found him to be honest, and I do believe the whole BKT and BKB thing is not malicious, it is just poorly planned, plus some unfortunate luck.
I do feel for the people who invested into BKB or BKT from scratch and did not have the benefit of being involved in Pocket Rockets earlier. Those people have seen their investment pretty much wiped out. Same goes for people who invested more than their profit from Pocket Rockets.
Finally, talking about some of the folks on this forum.
RHavar - You're the reason why I posted. You said in one of your messages that it is scammy that Dean is creating other sites and not telling the investors the names of the sites. Well of course he is!!! If he were to tell everyone the name of the new sites (Which he is using to try and make everyone whole), the moment this forum caught a whiff of the name, they would run it straight into the ground. Of course he is keeping the names secret! Damned if you do and damned if you don't... what, exactly is he meant to do? And don't give me that whole "Dean should pay everyone from the massive hoard of funds he has scammed"... I saw the bankroll at the time, it was nothing like the figures that are being quoted in this thread.
and finally....
JollyGood - I don't get it. There is some part of your story that I'm not understanding. Why are you spending such an extraordinary amount of time and effort running this particular site into the ground? You've won, mate. Its traffic has been run into the ground because of this very forum, you don't need to do any more. Can you let up and give me a chance of making my investment back please? What's the story? I don't understand why you are doing this. Is it because you were an investor and lost money? Are you running a competing site? I genuinely want to know what is motivating you to spend so much effort on this campaign.
That's my story, thanks for reading.
I've been reading this thread for ages, but some of the things stated recently have annoyed me enough to actually post for once.
My story is that I invested a lot in Pocket Rockets back in the day and it did really well. I found the site to be professional and run honestly. When I went to withdraw large amounts of BTC, a lot of which was profit, it withdrew successfully and on time. If it had been an exit scam or something like that, I wouldn't have expected my profits to come back.
When BetKing's ICO came along, which happened not long after the BTC bubble popped, I went back in with maybe 33% of the profit I had made through Pocket Rockets. There were a few changes from BKB to BKT etc, and it is clear that both BKB and BKT never managed to gain any meaningful market value. The big betters who had made Pocket Rockets so profitable had gone.
I saw over this period that Dean worked on many different ideas, but nothing seemed to work. This very forum started and due to JollyGood's constant bumping and perhaps some SEO magic, this forum became one of the top hits for BetKing.io, which has had a real impact on new user traffic.
I previously felt and I still feel that if Dean were a scammer, he would have left long ago. There is nobody helping him, there are only people criticizing him.
I acknowledge that my hoard of BKT and BKB is now worthless. I don't feel too bad about this, because technically this is money is 33% of the profits that Pocket Rockets made for me, so I'm still ahead. The only value it has at this stage is in the obligation that Dean feels to pay everyone back. By that, I mean, my best chance of making any money back from BKT and BKB is through Dean's efforts to make everyone whole. If Dean goes away, I get nothing back. If BKT and BKB are floated again for sale on an exchange, I get nothing. So, although very optimistic, it is in my best interests to take Dean at his word and encourage him to continue to make other sites to try and make everyone whole. In my dealings with him, I've found him to be honest, and I do believe the whole BKT and BKB thing is not malicious, it is just poorly planned, plus some unfortunate luck.
I do feel for the people who invested into BKB or BKT from scratch and did not have the benefit of being involved in Pocket Rockets earlier. Those people have seen their investment pretty much wiped out. Same goes for people who invested more than their profit from Pocket Rockets.
Finally, talking about some of the folks on this forum.
RHavar - You're the reason why I posted. You said in one of your messages that it is scammy that Dean is creating other sites and not telling the investors the names of the sites. Well of course he is!!! If he were to tell everyone the name of the new sites (Which he is using to try and make everyone whole), the moment this forum caught a whiff of the name, they would run it straight into the ground. Of course he is keeping the names secret! Damned if you do and damned if you don't... what, exactly is he meant to do? And don't give me that whole "Dean should pay everyone from the massive hoard of funds he has scammed"... I saw the bankroll at the time, it was nothing like the figures that are being quoted in this thread.
and finally....
JollyGood - I don't get it. There is some part of your story that I'm not understanding. Why are you spending such an extraordinary amount of time and effort running this particular site into the ground? You've won, mate. Its traffic has been run into the ground because of this very forum, you don't need to do any more. Can you let up and give me a chance of making my investment back please? What's the story? I don't understand why you are doing this. Is it because you were an investor and lost money? Are you running a competing site? I genuinely want to know what is motivating you to spend so much effort on this campaign.
That's my story, thanks for reading.
Wow, how so much changes in a year and a half.. I remember when I first started out pen-testing, I submitted a bunch of bugs to Dean, that I found whilst pentesting Betking.io website and he paid in BTC, generally within 24-48 hours of submission, and paid well too. Little does he know I was literally using his website to learn, monetary incentive definitely helps you learn fast.
What a real piece of crap. What a shame.
What a real piece of crap. What a shame.
I cannot see a scenario where betking stays offline too long. It will go back online very soon.
Serial scammer Dean Nolan will probably put it back online and say he "removed" the seed showing scam and will probably give an impossible to believe reason for putting all the funds from the cold wallet on to the hot wallet but will never provide all wallet addresses and bets placed information from the database as it will incriminate himself.
What he will do though is to show investors he is trying (again) to make the website work and will hope to pay investors back but that would a defensive move to put off investors taking legal action against him. At the same time he will try to sell it off and use that money to re-pay investors a portion of their funds but expecting them to take a loss, all the while he will have taken $3+ million from the whole betking scam for his own self.
Many online casino competitors that left betking behind a long time ago and have their own strong user base will be looking at serial scammer Dean Nolan and his betking trash and no doubt having a giggle at how the once mighty betking has fallen so low thanks to the arrogance of its owner. They might feel sorry for investors but probably have no pity for serial scammer Dean Nolan.
I wonder how many other online casino owners are in his Skype list now and even bother to talk to him.
Game Protect warned since 1 year about the publicly proven betking scam!
Google: "betking scam"
Google: "betking scam"
And even worse than that, is he's not even processing normal withdrawals. The entire point of even having a bankroll is prevent shit like that from possibly being able to happen.
And on that note ladies and gentlemen please allow me to remind you exactly how big that bankroll was in 2017 at the end of the ICO. The bankroll was supposed to be 50% of all ICO funds raised.
The total ICO funds were over 1000 BTC, over 4500 ETH and over 850 LTC bringing in $6.5 million therefore the value of the bankroll was 50% of that amount at $3.25 million:
over 500 BTC
over 2250 ETH
over 425 LTC
Why did serial scammer Dean Nolan use the bankroll funds to ensure he could meet the guarantee he made which was "guaranteed part of the buy-back rate" of $0.0928 per BKB?
It is simple, he admitted he stole the 30 million BKB tokens that were supposed to be used for "ICO bounties, testing bounties, advisors, hiring, future marketing and development". He slipped in a later post writing:
"I'm buying tokens back with my own profit, the 30 million tokens I keep from the ICO":
https://bitcointalksearch.org/topic/m.44790903
and
https://bitcointalksearch.org/topic/m.20350022
The guaranteed basic lowest minimum buy-back rate without any profit attached was $0.0928 and x30,000,000 BKB stolen tokens gives you the scale of the scam.
A staggering $2.784 million of that $3.25 million bankroll theft went straight to the pockets of serial scammer Dean Nolan. All the other siphoning-off he did cannot be calculated entirely without an audit but this bankroll theft following on from the 30 million BKB token theft is the single most damning evidence of his scam and his greed.
https://web.archive.org/web/20191024001737/https://bitcointalksearch.org/topic/m.20350022
https://web.archive.org/web/20170903041628/https://betking.io/
Wow, how so much changes in a year and a half.. I remember when I first started out pen-testing, I submitted a bunch of bugs to Dean, that I found whilst pentesting Betking.io website and he paid in BTC, generally within 24-48 hours of submission, and paid well too. Little does he know I was literally using his website to learn, monetary incentive definitely helps you learn fast.
What a real piece of crap. What a shame.
And even worse than that, is he's not even processing normal withdrawals. The entire point of even having a bankroll is prevent shit like that from possibly being able to happen.
And on that note ladies and gentlemen please allow me to remind you exactly how big that bankroll was in 2017 at the end of the ICO. The bankroll was supposed to be 50% of all ICO funds raised.
The total ICO funds were over 1000 BTC, over 4500 ETH and over 850 LTC bringing in $6.5 million therefore the value of the bankroll was 50% of that amount at $3.25 million:
over 500 BTC
over 2250 ETH
over 425 LTC
Why did serial scammer Dean Nolan use the bankroll funds to ensure he could meet the guarantee he made which was "guaranteed part of the buy-back rate" of $0.0928 per BKB?
It is simple, he admitted he stole the 30 million BKB tokens that were supposed to be used for "ICO bounties, testing bounties, advisors, hiring, future marketing and development". He slipped in a later post writing:
"I'm buying tokens back with my own profit, the 30 million tokens I keep from the ICO":
https://bitcointalksearch.org/topic/m.44790903
and
https://bitcointalksearch.org/topic/m.20350022
The guaranteed basic lowest minimum buy-back rate without any profit attached was $0.0928 and x30,000,000 BKB stolen tokens gives you the scale of the scam.
A staggering $2.784 million of that $3.25 million bankroll theft went straight to the pockets of serial scammer Dean Nolan. All the other siphoning-off he did cannot be calculated entirely without an audit but this bankroll theft following on from the 30 million BKB token theft is the single most damning evidence of his scam and his greed.
https://web.archive.org/web/20191024001737/https://bitcointalksearch.org/topic/m.20350022
https://web.archive.org/web/20170903041628/https://betking.io/
Did your investors agree to have their funds used to experiment on non Betking brands or am I missing something?
It seems like all the money that was lost wasn't yours to lose.
It seems like all the money that was lost wasn't yours to lose.
And even worse than that, is he's not even processing normal withdrawals. The entire point of even having a bankroll is prevent shit like that from possibly being able to happen.
Almost like a ponzi scheme, the site had no indication the funds were missing. Just one day site closes and they are gone. At least the ICO is an investment that could be lost and theoretically the bankroll is too, but the site did not even say that people were winning, just something Dean seems to have made up. He took the money, likely spent it elsewhere and now is making something up is my impression. Sucks that I had to be the victim here.
Did your investors agree to have their funds used to experiment on non Betking brands or am I missing something?
It seems like all the money that was lost wasn't yours to lose.
It seems like all the money that was lost wasn't yours to lose.
And even worse than that, is he's not even processing normal withdrawals. The entire point of even having a bankroll is prevent shit like that from possibly being able to happen.
I think the part that is funniest, is how all this happened when the domain expired. It's like after taking investors money he put so little effort into the site he couldn't even be bothered to renew the domain. And then couldn't even be bothered to bring the site back online, and still has been too lazy to spend the 2 minutes of effort required to putting up a page that tell his customers/investors what happened.
Dean's a real piece of shit. I hope this all comes back to haunt him.
Why don't you just do it now? It's not like you don't have the money...
Dean's a real piece of shit. I hope this all comes back to haunt him.
But not the part where I said I will pay everyone back. Obviously.
Why don't you just do it now? It's not like you don't have the money...
You are obsessed with this false notion of me having money. I have none. I have debt. Do you think I enjoy coming on this forum and listening to twats like you? Do you think I want my name being tarnished like this which would prevent other projects I want to do succeeding?
No. I'm not as sad as you. With the money you have (including the $800,000 you stole (see that, that's an assumption I make of you where I don't have proof, the same thing you do)) why are you still on this forum? So so pathetic.
I said I would pay people back and it's the business between me and them. Not you or any idiot on this forum.
I'll post when I've paid everyone back (including bkt/bkb holders). Until then you can all speculate and talk shit all you want but that doesn't get people paid.
Did your investors agree to have their funds used to experiment on non Betking brands or am I missing something?
It seems like all the money that was lost wasn't yours to lose.
You are obsessed with this false notion of me having money. I have none. I have debt.
I guess I just find it more plausible you didn't lose/spend millions of dollars in such a short period of time. But hey, I guess anything is possible. So what's the story behind that?
You are obsessed with this false notion of me having money. I have none. I have debt. Do you think I enjoy coming on this forum and listening to twats like you? Do you think I want my name being tarnished like this which would prevent other projects I want to do succeeding?
No. I'm not as sad as you. With the money you have (including the $800,000 you stole (see that, that's an assumption I make of you where I don't have proof, the same thing you do)) why are you still on this forum? So so pathetic.
I said I would pay people back and it's the business between me and them. Not you or any idiot on this forum.
I'll post when I've paid everyone back (including bkt/bkb holders). Until then you can all speculate and talk shit all you want but that doesn't get people paid.
No. I'm not as sad as you. With the money you have (including the $800,000 you stole (see that, that's an assumption I make of you where I don't have proof, the same thing you do)) why are you still on this forum? So so pathetic.
I said I would pay people back and it's the business between me and them. Not you or any idiot on this forum.
I'll post when I've paid everyone back (including bkt/bkb holders). Until then you can all speculate and talk shit all you want but that doesn't get people paid.
After siphoning-off $USD millions from betking ICO investors and later token holders how can he claim to have no money, on the contrary claim to be in debt?
I think the part that is funniest, is how all this happened when the domain expired. It's like after taking investors money he put so little effort into the site he couldn't even be bothered to renew the domain. And then couldn't even be bothered to bring the site back online, and still has been too lazy to spend the 2 minutes of effort required to putting up a page that tell his customers/investors what happened.
Dean's a real piece of shit. I hope this all comes back to haunt him.
Why don't you just do it now? It's not like you don't have the money...
Dean's a real piece of shit. I hope this all comes back to haunt him.
But not the part where I said I will pay everyone back. Obviously.
Why don't you just do it now? It's not like you don't have the money...
You are obsessed with this false notion of me having money. I have none. I have debt. Do you think I enjoy coming on this forum and listening to twats like you? Do you think I want my name being tarnished like this which would prevent other projects I want to do succeeding?
No. I'm not as sad as you. With the money you have (including the $800,000 you stole (see that, that's an assumption I make of you where I don't have proof, the same thing you do)) why are you still on this forum? So so pathetic.
I said I would pay people back and it's the business between me and them. Not you or any idiot on this forum.
I'll post when I've paid everyone back (including bkt/bkb holders). Until then you can all speculate and talk shit all you want but that doesn't get people paid.
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