Topic: BetKing.io is a blatant scam operated by Dean Nolan - page 14. (Read 31038 times)

How did you come across this information from serial scammer Dean Nolan?

So, there is a chance serial scammer Dean Nolan is behind the alleged hack and is conveniently blaming a developer  

Maybe he will start promoting his "bitsafe" exchange scam conveniently in a few days with the aim of raising $10 million like he tried 12 months ago but failed.

So there are 20 investors who have $400,000 in the bankroll that have been told their money is stolen

How will serial scammer Dean Nolan pay them back? Will he use the $3+ million he stole from betking using the 30 million ICO BKB tokens he stole? Maybe he will use the rest of the ICO funds he siphoned-off. I hope a lawsuit is going to start against him because he will be in jail.

Ever since he decided to go down the EOS tokens route he stopped paying fees to the Costa Rica company registrar and was no longer registered. Therefore anybody suing betking is effectively suing serial scammer Dean Nolan as legally there is no distinction between betking and serial scammer Dean Nolan. He no longer has the protection of the off-shore Costa Rica Incorporation.

Here is what what Dean said:

As you will have likely seen BetKing has been offline for around a week.
BetKing will remain offline indefinitely with this being the last in a string of problems over the past year.

A serious issue was found last month after we launched a new dice site to test if a new brand would have more success than BetKing has had post ICO.

The new site was a clone of BetKing. We had been talking to investors about doing a series of sites like this with a shared bankroll and this one was released in time to try and capture traffic from yolodice.com who were closing their investment feature.

After a few days players had drained the bankroll and withdrew funds from the hot wallet.

After a review with the developers we found that there was an actual flaw in the code that allowed anyone to view their server seed and predict the result of their dice rolls, essentially being able to win every bet.
It turned out that this code had existed on BetKing also since January on both the dice and burst dice games and people had been using it to win bets undetected. It is not yet known if a developer added this code deliberately to cause abuse or if it was an honest mistake.
It wasn't until recently, after processing larger withdrawals and then finding the bug, that the discrepency in balances and funds available was noticed with now there being no funds left to process any remaining withdrawals.

At the time the site went offline there was a backup of all balances and pending withdrawal amounts captured.
There are around 20 bankroll investors who had more than $1000 on site, for a total of around $400,000.

It really does seem symptomatic of Stockholm syndrome. There is something not right with him, he is attached to the very person that scammed him. Highly strange he would do that.


Thank you for the explanation.

Oh well, if SillyBilly is saying that I am to blame for serial scammer Dean Nolan scamming him out of his $30,000 investment then he is way out of his mind, literally.

Likewise, if SillyBilly says that I am to blame because serial scammer Dean Nolan scammed ICO investors out of a minimum of $2.74 million using the stolen 30 million BKB (out of the 100 million BKB tokens) then again he is deluded.



@ SillyBilly - do you know the exact amount of USD$ that serial scammer pathetic imbecile Dean Nolan stole from investors during and after the 2017 betking ICO?

He is basically saying that if Dean exit-scams, then it's his own fault for having trusted Dean. But if Dean's business has just died  (and thus pays everyone back their balances at least) then he blames you for being the one who killed the business

D := Dean pays back people
J := JollyGood is blamed
∴ D ≡ J

---

Probably just a form of outward antagonistic conviction to soothe their victimization complex

If anybody can read between the lines and understand exactly what billyburns is say with the following quote please post and let us know:

Nope, that's not what I'm saying, that is the train of thought you would like me to have. I don't feel the need to elaborate it was straight forward.

Please elaborate.

Are you saying that if he pays back everybody the sums of their outstanding BKT value from the bankroll funds then it is not acceptable to you as an ICO investor?

If he pays back peoples on site funds, and leaves then I will have to blame you amigo, however if he runs off I got what I deserve I suppose.

Now I am serious when I say that I really have no sympathy for you losing $30,000 in the betking ICO scam because of your conduct here but I am shocked all you got back $50 and you still find it hard to blame serial scammer Dean Nolan?

Please consider going to a doctor to checked for "Stockholm syndrome", you can search online for it. Maybe you suffer from it.

50$

How much of your $30,000 did you get back?

can say the same thing for almost the  entirety  of the crypto community

Maybe. I really hope so as it would really sucks for you to have put all the time and energy into doing all the promotion work of a scam site for free, but also just losing your own investment on top of it 


The site has been down for >1 week with no communication.  Even if it does turn out to not be an exit-scam and he comes back and pay out people's balances, it's trashed any possible value the site has had. And since he renegged on his guaranteed token buybacks, that means token holders are screwed

You're so wrong thinking I have deeper ties with Dean than what I have stated, just like you were wrong when you did all your investigative work before. You make the mistake of jumping to wrong conclusions just like you did last time, and the same mistake the entire crypto community is making, they will understand bitcoin when they have no demand to sell their h eavy bags into, and they will pay for the lies they told. Did it disappear... and if it did was it before or after he payed out 26LTC after site was already down..... so if there is no proof just speculation we shall wait and see.

To be fair, I didn't leak your information. I just provided (poor) analysis on a screenshot you publicly posted on this forum. And it's not like it directly or indirectly contained anything too personal like your actual name or address. I still don't believe you don't have deeper ties to Dean (considering the logged in gmail account was linked to being used to spam betking, and even the chrome profile was setup with a betking logo). That said, I shouldn't have done it, and regret doing so.

Anyway, I'm glad you came back to defend betking even after it just disappeared with everyones money.  Carry on

Keep lying buddy, I ignored him, and he knows why I ignored him, for he has no respect for privacy and not only leaked my information but then also leaked a private conversation, he is a garbage person that has respect from fools.

You should be selling, before you are left no choice.

Every time someone writes negatively about Bitcoin, it always seems to be presented as a store of value... it's getting a little silly now.

I guess he cannot answer you out of embarrassment but he does he remember the post below?  

After reading the undying love and support he offers to serial scammer Dean Nolan I honestly do not feel any sympathy for billyburns after he lost $30,000 investing in betking