Topic: Bitcoin Ponzi Shut Down (Read 3763 times)

I am sure lots of people probably did

The site was around for quit a while and gained a pretty large following and also I am sure some trust along the way.

At least the site is offline and no others can fall victim to the garbage

I wonder if anyone fell prey to their "New Year Sales" at a maximum of 8 btc a mine with an ROI of 3/4 months!

I hope noone did, that is an obvious scam of their just before going offline!
You never know, they may return funds one day (when they can afford to), but this seems more and more unlikely.

i have one account here. an i saw that. DONT WASTE TIME TO THIS SITE.. . You must wait to collect the coin and invest worker... lol.. so long time to receive profit=> scam

non-sense...I have negative trust points and I'm not a scammer...
I paid,Ipay and I will pay what i have promised...
Do not believe systems where one is judge and partner...

There was not ever a real detection - Sector only did it because he wanted to shift the blame to the government.

Now if you look at ore-mine website you'll see absolutely nothing.

People either don't care enough to leave negative trust, or believe the scammer Sector when he promises he's not faking the seizure and is diligently working to get back everyone's money that he stole. 

sector doesnt online from 17 january i think ore-mine is real to scam, why only ecuamoboi who give neg trust ?

There's no such thing as an "honest" Ponzi. If you made a profit, you got in early enough. If you were one of the last in who got ripped off, you wouldn't be calling them honest.

They are liars. It's an obvious Ponzi. They don't generate any revenue except from users who buy mines, so the payouts come from new members joining only. Once new members join slower than the required payouts, the operation fails and they run with the money, attempting to make it look like they were "shut down" instead of just straight up stealing.

No, he's not running Flexybit, but he's posting that shit because Flexybit are paying him 0.001 btc to do so, as part of their paid-to-post campaign on HYIP sites.
As you say, classy....

Does anyone not recall Hashie.co following a similar trajectory? Right around new years they announced some special temporary hashes/mines/whatever with super-high ROI, and then went tits up with everyone's cash. This was a fun little game to mess around with but as soon as they started offering those absurdly high ROI temporary new year's mines, it was clearly going to be a cut and run. There's no reason there would be a Fed seizure of that domain yet Cryptsy is still accessible.


Wow. Using a shut down of one Ponzi to convince people there are "honest Ponzis" and promote one that you're probably running. That's classy. But hey you make a great argument - if their website has a good disclaimer, there's NO REASON AT ALL for them to take your money...

As many people have been stating, there are no dockets pertaining to Ore-Mine.org in the 360 cases that have been docketed in New York Southern District Court going back to January 4th of this year. This can be seen via a simple search on Justia, which lists all public dockets made via Federal Court. If Sector is being honest about being unable to access the admin panel, then maybe someone is actually working behind the scenes to make Ore-Mine fall. However, with the current information, this is highly unlikely as the Domain was obviously not seized by the GFI (Or GIFT as it seems to be referred to in the alleged seizure "notice").. But honestly, not everything is being brought to light, and it would not surprise me anymore if there is stuff that is unspoken about this issue. I mean, I had just recently gotten enough to pay the transfer fee but that price is awfully stiff to pay for just a few hundred satoshi to be put back in my wallet.. I am upset at loosing that but its chump change compared to what some of the other investors have/had.. 

It's a shame that ore-mine shut down, so many people trusted them and yet so many people got scammed.

Luckily there are some honest ponzis out there. For example, for over a month I've been using Flexybit.com and have doubled a significant amount of bitcoin. The website is super easy to use and they don't tell you that they will double any amount, but that it is a gamble. Also, if you read one of the questions in their FAQ, it states "Honestly, will you run with the pot?" and the answer is "Honestly, though that is not our plan, but you should always assume that we will!"

Really flexybit is one of the only transparent ponzis out there. Of course you should only gamble what you can afford to lose on ANY ponzi website, but for some of you who are looking to receive a recompensation from your ore-mine losses, perhaps you should try flexybit. I know I have!

NEW INFORMATION!

An angle that we didn't expect.

They are now saying that teir serves were compromised. It is said to not be from the US legal department, but from somewhere else that is trying to take down servers.

I am also informed, that the US legal team did NOT take it down. Apparently, they are supposed to stat on their website once they take the website down. This is either shady stuff from the US cyber department, an online hacker or tey are a ponzi.

I have PMed their "representative" SECTOR on this forum to see if this information is true, and to try and get their server back.

As they state: admin cannot log onto their acocunts with their usual usernames or passwords.

EDIT

I doubted Ore-mine from the first day I visited it. I am very sure many people have fallen prey by this ponzi and have lost a lot of coins. If they can't believe, they can check the site and find this http://prntscr.com/9rkmv9

I agree you in the most case,
But even tho this special case is faked, as if the site would have been seized, there wouldn't be a simple image uploaded to site.

mmm yes it's partial true... because russian bank and authority (or well they are the same ) doesn't like btc!
and they have shutted more than one time some btc related company or sites...
For example now bitstamps seems have problem when accept users from russia.
Also if website operator go to jail it's really hard see btc back...   

Website operator was from Russia apparently. You report him to the Russian authorities for scamming a bunch of Americans and Europeans and they'll throw him a parade.

The picture isn't fake, that's actually the image that appears when this agency seizes a domain. It's just that the government didn't put it up, the website operator did to make it look like the government seized his domain. He's faking the seizure so he doesn't have to pay anyone back.

big ponzi is down

Pretty good way to collapse a ponzi, original. He fucked up tho, so that's a thing. What now?

Feds? There are no feds!
Is this so hard to understand?
https://bitcointalksearch.org/topic/m.13583846

absolutely true... if a company say " we make cloud mining" show proofs!
the vast majority of cloud mining site are only a ponzi "masked" by mining company and not much more...
ore mine I remember try to defend their business with a "different investments" only to mask their lack of real business inside!

and even, why you ask "peanuts" from users and pay "strong interest" when you can simply asking a bank loan?
Is more convenient!

Ore Mine - the same company that had signature campaign on bitcointalk was a ponzi? That was unexpected for me :/ They were active for a long time.
What will happen with all money they grabbed, feds are gonna give it back to people?
 

I agree...but people often does not understand cristal clear things...people nowadays want not read...they want 100% in 24 hours and of course then are scammed.

That site was an obvious scam, everyone who has invested in that site should have known better.
But yeah, it is sad to see another ponzi scheme going into scam mode.
Mayby someone makes the effort to find this ponzi owner and dox him, then report him to the authority.
But I doubt many people invested in this shit.

You forgot one point (probably among others):

The activity made by the site/company to earn money must be completely crystal clear. It must not be hard to explain.

I said you it already several times:
You follow the advice from wrong people.

Invest where it is free or where the possible investment is so low that it is to low for the webmaster to go away...

Invest only where the webmaster is over 20 years on the net...and has so far never scammed...

Do not believe in too big profit.(prefer real profit even if it is very low...)

I should have worded that better on my end, I was saying, It's not hard for the officials to out think us, that is all they do, to make it look like a scam to be able to take everything with no eyes on them, its what they do people, just like sending the first man to the moon. its classic redirection. keep the eyes on the admin while they crack him and get the coins, people when your life is threatened with a jail cell you will almost most certainly agree to anything to keep your freedom including giving away your funds and keeping your mouth shut. its not hard to believe it was a scam knowing how people operate, on the other hand being an american its not hard for me to believe my government did this either. so its just about upto a coin flip on my end, the "officials" are people too just with a better system of sucking the funds from the people they have "power" over. we should use our heads and trust what we know. it very well could be a scam on either side.

I can't believe people even consider the seizure is real. Of course it's just a lame attempt of the scammer to gain some time:

Don't put it past the U.S Government, it was seized just to be the governments way of keeping everyone's money, everyone just literally got robbed by the US government and is blaming the site Admin, the proof was the payout, i have used ore-mine.org for almost a year now, had over my investment back, that was the proof they was able to do as they claimed, "Mining" could be in many forms, creating games, javascript mining (if you don't know what this is i can show you) plus many more options other then "Mining companies" with hardware that cost's more in electric costs then they make, we all know mining is almost useless now, that is why all these companies are trying to "sell out" the equipment they "purchased". Sorry for all those who believe in a legit system, that is why BTC is so popular in the first place our system is and has been broken, look at the reasons Occupy Wall Street Started, We had the "Right" to renew our federal government, that worked really well right? they have the ability to do as they please because we give it to them. No other reasons then that. To any "Officials" reading this, you can argue all day long but the facts still stay the facts, The United States Government is based on nothing except for greed of what you can spend nothing more, nothing less. we are a product of Capitalism. 

In that context I really wonder how Scrypt.cc is still functional.

well I see the same facts...
too strange!

Seized website #1; LibertyReserve.
Domain: Libertyreserve.com

Seized website #2; Bodog
Domain: Bodog.com

"Seized" website #3; Ore-mine
Domain: ore-mine.org

Website #1 seized website image hosted at; http://libertyreserve.com/Seized5_HR.png
Image name is Seized5_HR.png

Website #2 seized website image hosted at; http://bodog.com/IPRC_Seized_2011_05_Baltimore.gif
Image name is IPRC_Seized_2011_05_Baltimore.gif

Website #3 seized website image hosted at; http://ore-mine.org/Seized5_HR.png
Image name is Seized5_HR.png

Let's see the differences.
LibertyReserve  & Ore-mine.
Image: Exact same reason for seizing. Exact same name.
I would say it was a very big coincidence if it wasn't for the fact that they added the 45% discount & the new years mine. Luring people in, scamming & claiming to be seized. The funny thing is they didn't even bother changing the image name. Bodog & a few other sites I checked with similar images/seize messages didn't have the "Seized5_HR.png" name.

Yeah. I also thought this was real until I saw the pictures. The wording is really good. 

Really. I looked so real the first time I saw it. But I guess the pictures are really fake and that kind of gave it away for me.

Yeah, I realized pretty quickly after I posted this that this "seizure" by the government was faked. But your information about the registration information is very useful. Can the US authorities even seize a domain hosted in Russia?

Is doublebot the same type of scammy site? Bitcoin Factory is another one I'm aware of, but at least that one makes some income off ads. I'm curious, if doublebot is another ponzi-like site, and you are aware of this, why do you bother with them in the first place? Is it just the thrill of getting in early and trying to milk some btc out of them before they fold up?

Nothing new. It is just another "cloud mining" scam. How many of these cloud scams have we seen so far.... People don't seem to learn.

is ore mine a ponzi?
I remember thread in scam accusation board... this type of thread doesn't need any reply...
because if someone could earn with investment such amount can only take private loan from a bank...
trust in this type of return is a scamming approach from the beginning.

The shut-down is clearly a fake one, and it could just be one last reason for the owner to disappear, or an excuse.

Unfortunately, this long ponzi ended. However, I assume that most people who were smart about it have profited from this scheme.

The biggest sign was when the New Year's mines went up, but there was also the huge amount of positive comments without anything negative about Ore-Mine on the front page. I was skeptical, but I guess it paid off.

The site wasn't taken down by the US government. This landing page is simply because the ponzi collapsed and the owner needed a way out.

As you can see here, the domain still has the whois information of someone from the Russian Federation. In addition to this, the nameservers are still pointed to ns1.nameself.com and ns2.nameself.com, two servers also hosted in Russia. If it were legit, why would the US government be holding the server in a Russian registrar's servers?

another happy ending

Skatter, I think now is a good time to remove that site from your signature!
It was really fun while it lasted, quite a good game (still don't really understand some of it). It was also a good faucet, low paying one though!)

Yep obvious scam but a fun one. I loved it and it will be missed but certianly not angry by it. it was just a matter of time.
The change to buy a mine and get double payout in 1 month is what killed it

Yes, this is correct. If the government did order the shutdown, it woudl just be the shutown. Then, they would try to recover lost funds, onced they seized the website and its owner.
I luckily only invested 0.0055 BTC. I invested 0.005 BTC in doublebot and want to see how that goes (still hopefull).
They would also email all the email addresses stored in their database before starting trial proceedings against the leaders so that, if the victims wanted to, they coud see the "leaders" being brought to justice.

Thanks for the link to that thread. I agree, the "shut down" looks totally fake. Can't say I have sympathy for anyone who lost money. It was an obvious scam.

If this was a legitimate take down, gov. wouldn't return money this quickly though. The notice would be the notice of the website take down, but no reimbursements could be done until a conviction or plea deal. There still needs to be due process.

it was really to suspicious as site 
to simple get money without do anything!!!!

rembourse? No I don't think so... how has access to this private key?
what is the principal wallet?
I think that "rembourse" need time, a lot of time, also justice need some time... and eventually how to set up this payment?
I mean... they have to count also interests?
People that get 90% from their first deposit need to been compensate "after" who get only 40% and so on...
I think is not simple...

This is actually being discussed on another thread:

https://bitcointalk.org/index.php?topic=759702.0;topicseen

They replaced their landing page with an image and seemed to have planned this flawless change in order to not arise any suspician.

When the governments usually seize a server, they tend to take it offline pretty quickly. If they seized the server, they would have shut it down and have reimbursed as many people as possible.

http://www.justice.gov/usao-sdny/pr

There's no mention on the press page in the southern district of NY for this seizure. I would think there should be uv they really seized it. The attorney's office likes to make splashy announcements to deter other bad actors.

Good point actually. I wonder if they were really seized or the owner just ran and put up a fake page.

 
OMG IT's true!
A lot of people spend money and time around here.. but why they close now and for what type of accuse?
also the coins deposited were seized?

They did evade detection!

That is not a real seizure.

It is a simple way for the site owners to not have to pay back the people who invested.

It is also just an image that they used that they got from a seizure of another site.

Ore-mine.org's domain has been seized by the government.

www.ore-mine.org

It was an obvious Ponzi, but they seemed so small scale that they might evade detection. Nope!

There are a couple other sites out there running similar Ponzi-style shenanigans. Take heed, you're not fooling anyone.