Topic: Betnomi | Project status & Refund Plan! - page 27. (Read 6355 times)

      -  Maybe I can just say that it's good news when funds are returned to their users, not because I doubt it but because I'm a seeing-is-believing type of person. I will applaud Op when what he announced happens.

It's like I can't believe that one of those who built a good community in the crypto business and then, just because of a mistake, suddenly broke down due to an issue that didn't go well with their users on the platform.

You can't blame them for tagging you as scammer because you left your customer high and dry without any official for so many months while doing this kind of announcement will just only take few minutes or hour of your time to construct a reassuring announcement that you are not gonna run away. I knew that you spend a lot to build your reputation here since forum is the witness on all of your promotion launch here. The problem is the trust broken when you become silent while all this chaos happening in the background.

It's nice that you comeback again to clean the doubts. Hoping that you will find a way to continue your business venture here!

I'd like to address some of the questions that have been raised.


There were a few reasons for this. First, the situation unfolded very quickly and it was unclear what was going on and who was involved. We needed to understand the scale and scope of the issue before making any public statements.

Second, the issue has become a legal one, and it is important to not comment on such matters without understanding the potential legal exposure.

Third, there was no practical way to effectively communicate the message to users since we do not have database access. While we could have posted a message on the forum or social media, we didn't have all the facts, and any information we put out would have a high likelihood of being misleading or incorrect.


I will be personally covering the refunds from my own funds. We are exploring other options at this point, but every single user will be completely refunded in full. We would not have made an announcement about the refund unless we were positive we could get it done. Fortunately, the total balance of users on the platform is relatively small, so this is entirely doable.


This is not the case. There were more than one owner of Betnomi (partners). We will not be releasing the names or any other information related to the partners at this point because it is unnecessary and there are potential legal consequences for doing so.

Finally, I would like to address one critical assertion. The claim that Betnomi is a scam is absurd. We spent millions of dollars and years of hard work to build the entire platform and infrastructure to support it. This is not a simple white-label operation. The sum of all users' balances left on the platform is less than our monthly expenses as a company.

Everyone with a significant balance, that is, an amount greater than $5,000 USD, has already made a complaint in the forum, and there are only about four or five of those. This is because we processed all pending withdrawals before taking the site into maintenance mode.

It is easy to make claims without knowing the facts, much less analyzing them. I simply ask that you do the math next time you have the urge to say "scam."

Not to mention, i am not operating anonymously from some hidden bunker on Mars. I have a public profile, which is an unusual choice for a casino operator, but I believe in transparency and chose to go this route.

Regards
Sorsis

It's a good step that management has taken to return user funds who have entered the betnomi site, however betnomi has become one of the gambling sites of choice for gambling players here because it is not so strict about KYC rules, I hope that in the future betnomi management can be even better in running the business they built, it is not easy to build the reputation of a gambling site, it takes years but the damage only takes less than 1 hour. Good luck with betnomi management and new plans you guys.

Probably they are the one in-charge with the operation while their so called owners are those financing their operation. Probably they are looking for investors to fund the brand or they are using their own money to reimburse.

But we all know that there's no real hero in the crypto without a catch for their good action. Probably they have something hidden agenda here that's why they want to come clean.

A very amusing situation.
The owners stole the intellectual property, i.e. the casino script. probably stole from themselves, to sell to someone else who will falsely present themselves as Betnomi.

It is good you came back to tender unreserved apologies. I think the timing is far too late when it was expected to have taken effect. Your casino made away with members funds and assets under your custody for a long time before now and this is the time you are coming to admit that such happened after all these while. It is a sad state though but the effect of the outcome is what you can not tell but anyways, you have done well and I. Looking forward to seeing you make the disbursement as you have noted.

Lol, yes.

The employees' conscience did not allow them to sleep anymore, knowing that former owners scammed people, thus they decided to pay the debts from their own pockets. And also to arrange somehow to take the company away from owners' hands.

And said employee is now going to pay back the money the owner took?

commendable for you guys to bring all of this information to the public domain to clarify certain misgiving, moat importantly the decision to reimburse users of their fund is very nice a thing to do as it's a way to regain a small size of your reputation within the community.

We hope you guys meet to your promise of refund as announced as am wanting to ask how you guys going to foot all that money for the refund and long it's going to take.

This is what i do have in mind or have questions because if we do tend to think deep through then;

1. They wont really be taking too long for them to announce that there's someone who stole or whatsoever that correlated to it.
On the time that they have seen on whats the culprit or problem is then they would immediately be telling the public on what happened.
It wont really be that something believable if it would be taking 4 months before they do make out such announcement basing up on what they had find out.
Totally suspicious.

2. Refund money might get from their own pockets? Sounds impossible! Unless if they would give small parts in overall balance
but thats a bad news.

3. Agree, why they need to make some announcement which arent totally announcement at all yet it would be coming on next few days. lol

What baffles me more is this part:


So what happened exactly? Some employees fired the owners? That would be first time I hear anything like that.


And this message is signed by who? By some employees which managed somehow to fire the owners of a business?

That is exactly my point. I think there was no need for the supposed rush to make the announcement when they have kept mute for how many months long yet coming to make promise whose fulfilment might take another frustrated customer to open up a reminder thread here quoting this same thread in wait for the payment.

I think it would have been better to wait a little more and then coming out with this apology thread alongside immediate refund plan. Don't just keep your reputation dragging all the way because it is not easy getting it back.

I'm not sure if the refund will be successful because if you stop using the "Betnomi" brand, it means you have a choice to run away since whether you've refund or not, the result is same. Of course it just my own assumption.


The victims could take a legal action and this forum also store every users IP address, but I haven't yet see any result of successful investigation.

So, to summarize: You took players' money, went quiet for 4 months, blame someone else and say you're going to pay back the money you took.
Question: where is the refund money supposed to come from?
Question: why announce after 4 months that you're going to announce something in a few days? Couldn't you wait a few more days and just announce it without pre-announcing whatever it is you'll come up with?

(full quote added as reference)

Alright. If this is the first step in clarifying the events related to Betnomi, it is acceptable. However, it is certainly not enough. Even if you return the money to all affected users, you have to give a lot more explanation here.
For example, who are you who introduced yourself and still stands behind the Betnomi brand? It is a bit unclear, considering that you state that work under the previous owners was not possible.
You need to name the people who misused the Betnomi intellectual property, database, the information, as well as the name of the new casino that is (or is yet to be), launched. You have an obligation to your users to provide such information. In fact, not only towards them but towards everyone, because it is a potential new scam scheme.
Why did you wait so long?

It's good that somehow there's an update on what is happening. I hope you get the proper judgment and it would be fair or something. It's really a struggle to have to run a business. That would really be stressful and would make you lose a lot if you don't make the right decisions.

This is a real good question.  There hasn't been any updates on their site or anywhere else about this.  If all that stuff going on inside their crew is true, we got no way of knowing who's actually running their forum account now and what they're after.  

Lets be clear - it's good betnomi came back saying they wanna make things right, but we gotta watch our back here.  Wouldn't be the first time scammers try getting over on folks who got scammed before.


Also a very good question. Misuse of personal data is not only unethical but also a criminal offense.

It's been many months since your casino disappeared and you were completely silent. You weren't worried about the people who had money retained in the casino, your concern was the fight to save the casino from financial problems and internal disputes. After months of despair from people who lost money at the casino, you appear and explain everything. I wonder how you are going to return the money to people who have already forgotten about your casino because it has been many months since you disappeared.

I see your initiative being good, although I highly doubt that the majority of people who have had money retained in your casino will be able to receive that money, few people keep looking at their email addresses who created accounts at the casinos, the people who posted in your Ann thread complaining They also stopped posting because it's been many months since your casino disappeared and they haven't had any news. I honestly wonder if people will be able to rest assured when using your casino again

As if user with trap balance can do anything about it. This kind of lawsuit will took a long time before it process and I doubt that they will refund the pending balance from their pocket unless they hold the cold wallets which the players balance stored which the OP didn’t mention.

So rushing them will never speed up the process and the balance was supposed to be considered as loss already at least they shed some light here by offering a potential refund to all affected user. Let’s see if they can refund 1:1 with crypto assets and not with fiat value since the market pump a lot since they close their casino.