Topic: Bitcointalk Charity and its funds - page 8. (Read 4828 times)

I think you're too optimistic, but I'd love to see you're right. Considering you didn't get a complete answer for several weeks now, I'm not really expecting much anymore.
But if they somehow manage to come up with convincing numbers that show all the money was used properly, I'm not going to tell them to stop their charity work.

I have had many chats with 2/3 of these members and this whole situation kinda deflated my opinion of them. As far as cabalism using 500$ idk if i'd tag him for that being as that's kinda what he did with the charity. All their events were helping communities/families in need. So in his mind he probably felt like he wasn't doing anything wrong. I messaged him over this whole situation and was telling him about my open heart surgery at the end of October this year, and his first response was he thought that I was messaging about maybe the charity helping me out with some funds. That was not the case, but I think that's how his mind works since he has been running the charity. Someone needs help, we as a community should help them. Obviously not everyone who cries "help me please" should be helped, but I think we could all agree that if a well known member needed a boost, we would all probably break our backs and do what we could. You guys can do as you wish, but I will only be tagging if funds were stolen/missing aside from funds used to help someone. I don't agree with his actions, but I can see what/how he was thinking.

Now on to the others, If 1 person is tagged then all 3 should be tagged. Cabalism13 for running the charity incorrectly and making bad decisions, bl4nkcode for showing a poor example of how an escrow should operate, and crwth for agreeing to go along with it.

What I really feel we should do is get with all 3 of these guys and do some kind of audit. We need to know what the balance was at the time of the split( need to verify this via blockchain), addresses involved so it can be checked, expenses for these "activities" they did(receipts apparently are not available, but couldn't we figure out the money spent on these activities by figuring out what was given and the price of each thing?), and finally the balance left. They need to combine what's left, convert to crypto, and send back to the escrow address.

Now let's assume we get this whole mess figured out. Should the charity remain open? Will these guys ever have the full trust of the community again so they could operate the charity if they ran it correctly?

These are my thoughts on this situation. I'm not trying to be soft and not tag anyone, i'm trying to be a little understanding since these guys are not just newbie douchebags. Obviously everyone is free to do as they feel is correct, but i'd like some opinions on my thought process here.

Good question, but only them who know everything.  
Or it could be a good question, where are the documents of the money spent?

All people asked here is the liquidation of the money spent during those activities they held and which is I assumed the paper documents have been lost and now they're facing this into trouble.

No, I'm not saying there are more members involved.  But just based on all the BS I've seen on this forum over the years with situations like this, I'm kind of expecting evidence of more misappropriation of funds to be forthcoming.  So far crwth and bL4nkcode have yet to chime in, and I see that as an ominous sign.

Cabalism13 never said anything about needing funds from the charity due to the typhoon, just the story about his father--and frankly I wouldn't take that on face value when we're talking about embezzlement, so I'm not sure why you or anyone else would want to support his excuses (and that's exactly what they are).  How do any of us know that he was faced with a life-or-death situation with his father, where the only option was to take money out of the charity funds?  We've only got the word of someone who went silent after spending money that wasn't his and then after he was caught, stormed off and blamed the community for not trusting him enough (or whatever).

Frankly, if you're going to be holding funds for a charity or anything else that requires you not to dip your hand into the cookie jar, you really should be financially well off enough such that you wouldn't need to.  So the bottom line is that Cabalism shouldn't have had access to an entire pool of charity funds (or even 1/3 of it) if a $500 expense was enough to provoke him to steal.

Again, that's assuming the story about his father is true.  I don't suspect we'll ever know for sure.

Fall guy?


The block-chain entries of what *should* be there is a good starting reference.  With the price of Bitcoin having apparently sunk over the last few weeks/months, it should be easy enough to revert the funds (in any currency) back into Bitcoin at a "new" wallet address (made public before the purchase occurs) where we can see what new transactions transpire.


Good - where's the money?

If I were him I would've gotten a separate loan from DS for the $500 with a shorter due date... or used one of these lending platforms assuming that the crypto cannot be directly liquidated: https://spendmenot.com/best/bitcoin-lending-sites/

Spending charity money on personal expenses (even on something like this) is not something I'd feel comfortable doing.

They also know how to hide things if it's shady.

No funds should have been released without "the whole list" being presented to the escrow.

I don't mind as long as they were in the charity thread but now things are different. They didn't act as they should have done; especially I'm disappointed with the activity from bl4nkcode (as escrow). Things would have been better & accordingly if bl4nkcode have acted as the way he would.

As escrow, you must have had a better explanation and records I guess.

Something like this would have been nice :-D
Credit

Jokes aside, I was expecting a formal presentation with the money flow and purchase receipts etc. The users are experience in the community and they should know how it works when it's a matter to present proofs.

I was disappointed too, I was hoping to see a list of expenses. Now it looks like the PR-side of the charity instead of the accounting side.

None of the auditor would accept the image as proof of the expenditure. I guess yahoo62278 or any other forum member was looking for some proofs which have tx amount & references. Either way, it's still something though the images of proof can be some random images too (just the probability).

crwth has updated the charity thread, as he promised.

I thought this is already settled by it seems they choose to keep silent.

Yes, we've been hit by the super typhoon named "Odette" on Friday and Saturday.  I have been experienced since that day, no Electricity, No internet and the worst is no water and lack of food due to the cause of the heavy flood for two days.  Good thing I have my laptop saved and now it is almost 85% restoration of internet and electricity supply has been done and glad to see I can able to access the forum again.

Odette' slashes across 7 regions and it more wost in the Visayas and in Mindanao where I'm located.  But in NCR where they live and most charity activities are being held is on Morong Rizal and San Mateo Rizal and I have doubt they're near on that places which I think they only experienced signal number one only, AFAIK.  So, I don't think they are affected that much.

I hope they will resolve this ASAP, it's again the Filipino reputation which I hate when there's a fraud involved.

So said crwth before a typhoon swept through the Philippines. The typhoon seems to have affected the areas where cabalism13 and bL4nkcode are, but we don't know if it affected crwth's area. He might come around here and say something, because he committed to give data yesterday, and is still posting regularly on the forum as usual.

True!


Yes, until more details are given all we have is questions...


Considering that the cost of a travel in space is 250.000$, I think that with 350.000$ I can have a wedding in every country of Europe, to say the least (one wedding per week I mean)


I think they said the deadline is Dec 20th, thus today should be a great day  

Besides, the fact that those USDT / XRP / ETH / BNB donations were mentioned without posting addresses for them too, this raises question marks... I wish the users in question can be able to answer to all the questions, as I thought they were members with good reputation and I am sure, at least, that some of the funds really went to charities. The question though is how many funds went to charities...

Hi Lucius, I don't want to get into a polemic with you either, in any case in a reasoned debate.

As I was saying, in these reputation threads it is normal that sometimes it gets personal because over time, some of us interact with others and develop a certain empathy, as I think is your case with cabalism13 whom you say you got to know better after donating small amounts to the charity.

So, when someone you have some empathy for is accused, you usually want more time or more evidence to be given by the accusers, rather than thinking that he is the one who has to provide evidence.

In my case to cabalism13 I did not know him at all, in fact I did not even know his nickname, and I want to explain why I think the red tag I left him is more than justified.

It's not just the $500, which in itself justifies the tag. It is also this:


This alone, without the addresses being public, would have justified red tags in its day, but I guess it went unnoticed, as well as the division of funds between three people, funds that should have remained in the custody of the escrow, and this escrow issue is what makes me believe that 80% of me will end up leaving negative feedback to bL4nkcode (20% I think I will leave a neutral tag).

Probably cabalism13 (and the others) is in general a good person and has done good things, but it is clear to me that he has crossed a line he should not have crossed and therefore I would not trust him to donate to his charity or for money deals in general.

As for giving it time, yahoo62278 gave it a week before opening the thread, and in the only response cabalism13 has given it has left much to be desired to put it mildly. Even people who have empathy for him recognize that there are things that have been done wrong. Therefore, my red tag and that of the others who have left it, is more than justified.

Now it remains to see the other two, who also have good reputation, have people with empathy towards them and even are part of my signature campaign, which I consider as a family, because we are only 25, quality posters, many with good reputation and in DT and some merit sources.

But if as a result of the thread I see that I would not trust them for money deals, I will leave it reflected in red tags.

At this point, I can confidently state that these three have no funds left in their wallets; if they cannot show a simple proof of how the remaining funds were used or where they are stored, I will not believe the random pictures posted of food packs without receipts - this will go down in history as one of the most low-key charity scams ever.

If I'm proven wrong, I'll eat my statements.

How long we will need to wait for a public documentation, a kind of spreadsheet would be nice. There are a lot of conversations already but I think most importantly we need a proper documentation. cabalism13 please update.

Maybe they used leverage trading on Binance exchange that is highly risky, so they could in theory earn much more but they could also lose everything.
Before making more speculations let's wait and see transactions proof and updates.

PS
Just wondering could you make a nice Romanian wedding celebration with $350k?
I am asking for a friend.

I believe today is December 19 and we still don't have any updates from member crwth like he said.
No updates on Charity topic also, but he is active everyday participating and writing as a part of his signature campaign.

Whats up crwth?

I noticed that too, and it doesn't make sense. It could be PHP, which means it's about $7000. The problem is (again) the lack of clear documentation, which makes me think (again) it's part of the smoke curtain.

I assume this is in PHP too.