Topic: Bitfinex owners - stolen funds and ponzi schemes - page 2. (Read 5510 times)

Bitfinex did not report anything to the Hong Kong police. They lied. There is no investigation from any authority yet.

You can call yourself the police from HK and they will confirm you that.

Well, that's no surprise. Bitfinex is interested in brushing this under the rug, not introducing more law enforcement agencies. They have said that the FBI and some European law enforcement agencies are investigating -- if you want to believe that.

I am more curious about the FBI or US Attorney's investigations into Bitfinex's actions. You can't serve US customers then flout US law. That will get your site shut down and bank accounts seized.

US Attorney's investigations will start once few US clients will make complaints that Bitfinex has stolen 35% from their money and that Bitfinex is issuing illegal securities like those shit tokens.

marky89

hero member

Activity: 756

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: goinmerry on August 11, 2016, 04:39:40 AM

Bitfinex did not report anything to the Hong Kong police. They lied. There is no investigation from any authority yet.

You can call yourself the police from HK and they will confirm you that.

Well, that's no surprise. Bitfinex is interested in brushing this under the rug, not introducing more law enforcement agencies. They have said that the FBI and some European law enforcement agencies are investigating -- if you want to believe that.

I am more curious about the FBI or US Attorney's investigations into Bitfinex's actions. You can't serve US customers then flout US law. That will get your site shut down and bank accounts seized.

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: opet on August 10, 2016, 08:17:52 AM

They no longer operate out of Hong Kong -- it's just a mailing address for their attorney at this point. Previously, when they did, the name of the company with the Bitfinex licensing in HK was "Renrenbee Limited."

That said, their holding company and major incorporated interests are registered in the British Virgin Islands as offshore companies, their servers are hosted by a datacenter in Italy, and their back office functions moved to Taipei, Taiwan earlier this year. Their primary bank relationship is in Taiwan, as well (CATHAY UNITED BANK).

You can't simply "call Hong Kong Police hrrr derrrr" to figure this one out. It's a little more complicated than that.

Looks like everything is planned very well. Scattered everything so that there will be no traces after closing all of those. I envy them for they have a lot of money now. But there is a price for everything that is done using an evil work. Tongue

they want to continue the business as usual and the people may forget in time that the were robbed

super5star

full member

Activity: 313

Merit: 100

Quote from: r.o.o.t on August 09, 2016, 07:11:23 AM

A little bit of fun in sad times : Hitler gets a Haircut

https://www.youtube.com/watch?v=CN4RdrN80ic

Okay haha!
This really made me laugh while I was watching the video and at the same time, feel a little depressed for having one of the supposedly best exchangers go down.

Hide_ip112

full member

Activity: 196

Merit: 100

Quote from: goinmerry on August 11, 2016, 04:39:40 AM

Quote from: opet on August 10, 2016, 08:17:52 AM

They no longer operate out of Hong Kong -- it's just a mailing address for their attorney at this point. Previously, when they did, the name of the company with the Bitfinex licensing in HK was "Renrenbee Limited."

That said, their holding company and major incorporated interests are registered in the British Virgin Islands as offshore companies, their servers are hosted by a datacenter in Italy, and their back office functions moved to Taipei, Taiwan earlier this year. Their primary bank relationship is in Taiwan, as well (CATHAY UNITED BANK).

You can't simply "call Hong Kong Police hrrr derrrr" to figure this one out. It's a little more complicated than that.

Looks like everything is planned very well. Scattered everything so that there will be no traces after closing all of those. I envy them for they have a lot of money now. But there is a price for everything that is done using an evil work. Tongue

Yeah, something evil will surely be awarded something similar to them that despite the plea, duty, or trust to all existing schools around the same down and College is also the same. Even confused himself, mending wait making the new sim so take care about marriage ....?

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: opet on August 10, 2016, 08:17:52 AM

They no longer operate out of Hong Kong -- it's just a mailing address for their attorney at this point. Previously, when they did, the name of the company with the Bitfinex licensing in HK was "Renrenbee Limited."

That said, their holding company and major incorporated interests are registered in the British Virgin Islands as offshore companies, their servers are hosted by a datacenter in Italy, and their back office functions moved to Taipei, Taiwan earlier this year. Their primary bank relationship is in Taiwan, as well (CATHAY UNITED BANK).

You can't simply "call Hong Kong Police hrrr derrrr" to figure this one out. It's a little more complicated than that.

Looks like everything is planned very well. Scattered everything so that there will be no traces after closing all of those. I envy them for they have a lot of money now. But there is a price for everything that is done using an evil work. Tongue

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: bitkilo on August 10, 2016, 09:01:19 PM

Quote from: mayax on August 07, 2016, 07:06:17 AM

BFXNA Inc is a Hong Kong company which has as its shareholder iFinex Inc , a BVI company.

Bitfinex wants to offer "tokens"(a useless shit) to their clients.

Bitfinex said "The BFX tokens will remain outstanding until redeemed in full by Bitfinex or possibly exchanged—upon the creditor’s request and Bitfinex’s acceptance—for shares of iFinex Inc""

Bitfinex will do an illegal thing again. It will offer shares to public even it's forbidden by the BVI law as an "Inc" company to do that.

Bitfinex came up with the idea of these BFX token pretty quick, almost makes one think that this was a planned.
Does anyone know if bitfinex had a plan for releasing token in the event of a hack? I think one other exchange did this some time back but can't remember who it was.

of course, they had this idea because the owners are coming from the HYIP's world where you must have ideas if you want to make profit. they know who to manipulate some people.

bitkilo

legendary

Activity: 1638

Merit: 1010

https://www.bitcoin.com/

Quote from: mayax on August 07, 2016, 07:06:17 AM

BFXNA Inc is a Hong Kong company which has as its shareholder iFinex Inc , a BVI company.

Bitfinex wants to offer "tokens"(a useless shit) to their clients.

Bitfinex said "The BFX tokens will remain outstanding until redeemed in full by Bitfinex or possibly exchanged—upon the creditor’s request and Bitfinex’s acceptance—for shares of iFinex Inc""

Bitfinex will do an illegal thing again. It will offer shares to public even it's forbidden by the BVI law as an "Inc" company to do that.

Bitfinex came up with the idea of these BFX token pretty quick, almost makes one think that this was a planned.
Does anyone know if bitfinex had a plan for releasing token in the event of a hack? I think one other exchange did this some time back but can't remember who it was.

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: ObscureBean on August 10, 2016, 05:55:28 AM

I don't know why but for some reason Bitfinex always felt a bit shady to me. When I got into Bitcoin late 2013, I tried a few trading platforms, Bitfinex was pretty new back then, I gave them a try but they just didn't seem very trustworthy to me. I went with Bitstamp and never regretted it. Later on I was really surprised to see how popular they had become.

it's shady like other exchangers as well. how does it feel BTC-e or Kraken?

opet

newbie

Activity: 57

Merit: 0

They no longer operate out of Hong Kong -- it's just a mailing address for their attorney at this point. Previously, when they did, the name of the company with the Bitfinex licensing in HK was "Renrenbee Limited."

That said, their holding company and major incorporated interests are registered in the British Virgin Islands as offshore companies, their servers are hosted by a datacenter in Italy, and their back office functions moved to Taipei, Taiwan earlier this year. Their primary bank relationship is in Taiwan, as well (CATHAY UNITED BANK).

You can't simply "call Hong Kong Police hrrr derrrr" to figure this one out. It's a little more complicated than that.

Achargeturry78

sr. member

Activity: 630

Merit: 267

Just follow the rules

WOah he looks yound and he looks like cocaine user where he can now build a factory of cocaine , it's obious that their activity is illegal and people keep on investing and trading on their website now people are silent because of what happen on bitfinex i think this is inside job and now their are now millionaire congrats bitfinex owner <3

ObscureBean

legendary

Activity: 1148

Merit: 1000

I don't know why but for some reason Bitfinex always felt a bit shady to me. When I got into Bitcoin late 2013, I tried a few trading platforms, Bitfinex was pretty new back then, I gave them a try but they just didn't seem very trustworthy to me. I went with Bitstamp and never regretted it. Later on I was really surprised to see how popular they had become.

Jeremycoin

legendary

Activity: 1022

Merit: 1003

𝓗𝓞𝓓𝓛

Bitfinex did not report anything to the Hong Kong police. They lied. There is no investigation from any authority yet.

Of course they didn't do that, it would be a suicide if they did that. They're just trying to rebuild their reputation, before they run away without a trace and really lost.

entrepmind23

sr. member

Activity: 644

Merit: 261

Bitfinex did not report anything to the Hong Kong police. They lied. There is no investigation from any authority yet.

You can call yourself the police from HK and they will confirm you that.

In the mean time, take your time and read a very interesting story : https://www.cryptocoinsnews.com/bitfinexs-ceo-seemingly-tried-start-ponzi-scheme

We cannot directly conclude that its a ponzi scheme because there is no direct evidence that it is one but by the facts given there is really something shady about it.Knowing that the CEO is connected to a scammer before and he defended him makes him not trustworthy and now he is nowhere to be found.If this is true that he really scammed the users then it's really heartbreaking especially for those that have big amount and to add more pain making the users absorb its losses.

Capradina

hero member

Activity: 756

Merit: 520

Quote from: ?? on ??

Let's be honest. He's young, he might not have seen that much amount of Bitcoins in his life. Scamming the members would be an easy task, simulate a hack, and withdraw properly. You're done.

Yeah that is true, but the thing is I don't think it would have been possible, because bitfinex was a long standing and they always provide the best service to all its users. We can only conclude that, however if the conclusions we are wrong, then we will owe the owner of bitfinex because it is already doing something that is not true!! . Better wait for further news from bitfinex and if there isn't any news then we can conclude that.

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: Shinpako09 on August 07, 2016, 08:04:34 PM

The thing happened in bitfinex was clearly saying you shouldnt keep your btc in a exchange site. I wonder what site wil be the next to say the same as others that they are hacked.

next will be BTC-e and Kraken

I doubt it. Despite the skeptics, BTC-e has proven to be a stable and serious exchange since years. Regardless, one should not store Bitcoin on any exchange longer than absolutely necessary.

The alleged involvement of the Bitfinex founder in multiple Ponzi shemes, including the infamous BST raises significant questions regarding the nature of the "hack". The deletion of social media profiles is certainly not aiding in establishing trust.

It will be interesting to see the further investigative progress - if any is made. The significant amount of stolen funds should at least trigger significant attention from law enforcement.

ya.ya.yo!

You have a point. His 'closeness' to previous scams says he did it. I'll bet .5BTC he will be in jail in less than 6 months. Even the US will try to get him because they have already been close to him in the past. Good chance he won't survive this theft.

I doubt that. If all of this is planned then he knows a way out of it. He wont do it with that large amount without safe passage going to a luxury bed.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: mayax on August 09, 2016, 06:02:58 PM

Quote from: DGulari on August 09, 2016, 05:55:42 PM

Quote from: mayax on August 09, 2016, 05:52:24 PM

Quote from: Shinpako09 on August 07, 2016, 08:04:34 PM

The thing happened in bitfinex was clearly saying you shouldnt keep your btc in a exchange site. I wonder what site wil be the next to say the same as others that they are hacked.

next will be BTC-e and Kraken

I doubt it. Despite the skeptics, BTC-e has proven to be a stable and serious exchange since years. Regardless, one should not store Bitcoin on any exchange longer than absolutely necessary.

The alleged involvement of the Bitfinex founder in multiple Ponzi shemes, including the infamous BST raises significant questions regarding the nature of the "hack". The deletion of social media profiles is certainly not aiding in establishing trust.

It will be interesting to see the further investigative progress - if any is made. The significant amount of stolen funds should at least trigger significant attention from law enforcement.

ya.ya.yo!

You have a point. His 'closeness' to previous scams says he did it. I'll bet .5BTC he will be in jail in less than 6 months. Even the US will try to get him because they have already been close to him in the past. Good chance he won't survive this theft.

yeap, there are people who lost millions of usd. I don't think these individuals will let the things as they are because they own resources, they know people who can do "things"

... they will recover the money in a "way"(legally or not) or other.

That's enough of that kind of talk! No violence. Why would guys give $1 million to a guy with a known history of relationships to Ponzi? You'd think these guys with $1million were doing their due diligence.

That's why you should all go trade with Kraken. The others are fully bullshit. Gonna lose your money.

regarding to Kraken, another illegal company. these ones are based in USA(very stupid thing) and they don't have any money transmitter license. why? because they are too greedy to invest like others (Gemini,Coinbase,Itbit, Circle, Bitstamp). So, it's a matter of time until you will hear "Feds shut down Kraken".

But, whether all of the bitcoin companies is an illegal company? and don't have a license for that? and running their business by shrouded?. like bitstamp, coinbase they're not having a licensed for that?

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: DGulari on August 09, 2016, 05:55:42 PM

Quote from: mayax on August 09, 2016, 05:52:24 PM

Quote from: Shinpako09 on August 07, 2016, 08:04:34 PM

The thing happened in bitfinex was clearly saying you shouldnt keep your btc in a exchange site. I wonder what site wil be the next to say the same as others that they are hacked.

next will be BTC-e and Kraken

I doubt it. Despite the skeptics, BTC-e has proven to be a stable and serious exchange since years. Regardless, one should not store Bitcoin on any exchange longer than absolutely necessary.

The alleged involvement of the Bitfinex founder in multiple Ponzi shemes, including the infamous BST raises significant questions regarding the nature of the "hack". The deletion of social media profiles is certainly not aiding in establishing trust.

It will be interesting to see the further investigative progress - if any is made. The significant amount of stolen funds should at least trigger significant attention from law enforcement.

ya.ya.yo!

You have a point. His 'closeness' to previous scams says he did it. I'll bet .5BTC he will be in jail in less than 6 months. Even the US will try to get him because they have already been close to him in the past. Good chance he won't survive this theft.

yeap, there are people who lost millions of usd. I don't think these individuals will let the things as they are because they own resources, they know people who can do "things"

... they will recover the money in a "way"(legally or not) or other.

That's enough of that kind of talk! No violence. Why would guys give $1 million to a guy with a known history of relationships to Ponzi? You'd think these guys with $1million were doing their due diligence.

That's why you should all go trade with Kraken. The others are fully bullshit. Gonna lose your money.

it's not violence. it's a fact. there are people/companies who had millions in this shit called Bitfinex. Why? Because of the profit. guys with millions invest in many things and they don't care too much if Bitfinex owners had a HYIP or not. These guys will recover their funds because the "hack" doesn't exist and even so, they don't care.

regarding to Kraken, another illegal company. these ones are based in USA(very stupid thing) and they don't have any money transmitter license. why? because they are too greedy to invest like others (Gemini,Coinbase,Itbit, Circle, Bitstamp). So, it's a matter of time until you will hear "Feds shut down Kraken".

Even they are vocal in BTC the media, Kraken remains a shaddy and illegal company.

DGulari

legendary

Activity: 1386

Merit: 1000

KawBet.com - Anonymous Bitcoin Casino & Sportsbook

Quote from: mayax on August 09, 2016, 05:52:24 PM

Quote from: Shinpako09 on August 07, 2016, 08:04:34 PM

The thing happened in bitfinex was clearly saying you shouldnt keep your btc in a exchange site. I wonder what site wil be the next to say the same as others that they are hacked.

next will be BTC-e and Kraken

I doubt it. Despite the skeptics, BTC-e has proven to be a stable and serious exchange since years. Regardless, one should not store Bitcoin on any exchange longer than absolutely necessary.

The alleged involvement of the Bitfinex founder in multiple Ponzi shemes, including the infamous BST raises significant questions regarding the nature of the "hack". The deletion of social media profiles is certainly not aiding in establishing trust.

It will be interesting to see the further investigative progress - if any is made. The significant amount of stolen funds should at least trigger significant attention from law enforcement.

ya.ya.yo!

You have a point. His 'closeness' to previous scams says he did it. I'll bet .5BTC he will be in jail in less than 6 months. Even the US will try to get him because they have already been close to him in the past. Good chance he won't survive this theft.

yeap, there are people who lost millions of usd. I don't think these individuals will let the things as they are because they own resources, they know people who can do "things"

... they will recover the money in a "way"(legally or not) or other.

That's enough of that kind of talk! No violence. Why would guys give $1 million to a guy with a known history of relationships to Ponzi? You'd think these guys with $1million were doing their due diligence.

That's why you should all go trade with Kraken. The others are fully bullshit. Gonna lose your money.

mayax

legendary

Activity: 1470

Merit: 1004