Topic: Bitfinex owners - stolen funds and ponzi schemes - page 6. (Read 5491 times)
The users should already have to remove their bitcoins from bitfinex when it was hacked a few months ago, at that time I was having a doubt that there will be something problem from the owner and that is why I preferred to stay away from there.
maybe it was just a beginning, we just need to wait a little bit more i guess
this doesn't surprise me, bitfinex wasn't really a regulated exchange service working according to the law. they were big but not regulated so they don't even care because it was the user's money that was stolen not their own.
You can call yourself the police from HK and they will confirm you that.
Then go call the police again and report the theft yourself. Additionally, if you are affected by this you could (or should) consult with a lawyer. their activity is illegal. Now they are millionaires and destroy many lives
Exactly what part was illegal if they have truly been hacked? Keep in mind that there is a possibility of this being an internal job although that is currently just speculative talk. The people need to keep in mind that what they are proposing for recovery is much better than filing for bankruptcy. Speculative talk is about the so called hack too. Bitfinex didn't provide any single information about that.
How do you know that 36% is the real amount? Because Bitfinex says so ?
Yes, they are proposing to give you tokens(nothing) instead of money which is means dust in the wind or in eyes
"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"
iFinex Inc is a BVI company and according to BVI laws a " INC" company cannot offer its shares for sale to the public
This is the same thing what happened with Liberty Reserve and none of these bitcoin exchange sites could be trusted anymore. No way to know if they were involved with any HYIPs or Ponzis and now I feel LBC too will face the same situation with so many illegal scams going on. It's only the depositors who lost their funds and they probably can't do anything about it now.
Don't see how you can compare the two. Liberty reserve was not operating with crypto currency, but was running an illegal payment processing operation.
They were supposedly warned many times by authorities that they are to turn off their operation, but they didn't. And they were shut down by force in the end,
with quite the drama and photo shooting on all media.
All that been said, liberty reserve was not a ponzi scheme afaik, while bitfinex on the other hand, is possible to be one, and if it's true that they did not report the incident
to their local authorities , well.. that just raises the question on their legitimacy even more.
Bitfinex is an illegal "payment processing operator" too. They have no license for their activities, neither for broker, neither for money transmitter as any law from HK, China, BVI, etc requires.
Even more, Liberty Reserve didn't steal any funds from their clients like Bitfinex is doing now.
Bitfinex didn't provide any single evidence of the hack. Not even their BTC account from where the funds were "stolen".
Let's remember Bitstamp. They did provide the proof immediately...
From their website, they claimed they have reported to the law enforcement. It is based in Hong Kong, so it should be Hong Kong police.
This is the same thing what happened with Liberty Reserve and none of these bitcoin exchange sites could be trusted anymore. No way to know if they were involved with any HYIPs or Ponzis and now I feel LBC too will face the same situation with so many illegal scams going on. It's only the depositors who lost their funds and they probably can't do anything about it now.
Don't see how you can compare the two. Liberty reserve was not operating with crypto currency, but was running an illegal payment processing operation.
They were supposedly warned many times by authorities that they are to turn off their operation, but they didn't. And they were shut down by force in the end,
with quite the drama and photo shooting on all media.
All that been said, liberty reserve was not a ponzi scheme afaik, while bitfinex on the other hand, is possible to be one, and if it's true that they did not report the incident
to their local authorities , well.. that just raises the question on their legitimacy even more.
This is the same thing what happened with Liberty Reserve and none of these bitcoin exchange sites could be trusted anymore. No way to know if they were involved with any HYIPs or Ponzis and now I feel LBC too will face the same situation with so many illegal scams going on. It's only the depositors who lost their funds and they probably can't do anything about it now.
You can call yourself the police from HK and they will confirm you that.
Then go call the police again and report the theft yourself. Additionally, if you are affected by this you could (or should) consult with a lawyer. their activity is illegal. Now they are millionaires and destroy many lives
Exactly what part was illegal if they have truly been hacked? Keep in mind that there is a possibility of this being an internal job although that is currently just speculative talk. The people need to keep in mind that what they are proposing for recovery is much better than filing for bankruptcy. 
If Bitfinex didn't report anything to the police, it doesn't matter.
Any of its users can complain to the police now - Bitfinex has replaced their cash with BFX tokens.
Any of its users can complain to the police now - Bitfinex has replaced their cash with BFX tokens.
their activity is illegal. Now they are millionaires and destroy many lives . I think it has the userbase is quite small compared to life in this world . so basically most of them will be destroyed now . and they did not call the police .
Chances that this is an inside job are very high If you ask me , unlike Mt.gox , Bitfinex are playing it smart and trying to give some % to users so users don't get mad and legal shit start , It's just to make it look like a "real hack".
It blows my mind that these things happen and it seems that everyone goes silent afterward. People bitched after Mt. Gox because it was a novel thing at the time. Then Cryptsy and some other ones I wasn't paying attention to. The Hong Kong police should get involved, whether it's to investigate the hack or to investigate bitfinex itself. No one wants to cry "rape". We are content to be repeatedly gangraped by these assholes, it would seem. Somehow I think the people who are losing money don't want the cops involved, because of their illegal dealings or whatever. It's strange.
everyone goes silent because they are afraid of losing the entire amount they have in Bitfinex. they don't care that Bitfinex lied when they said:
"The theft is being reported to — and we are co-operating with — law enforcement."
This exchanger has stolen 36% from the customers funds. That means over 20 millions USD and they will continue the business.
Didn't you want to make a such "biz" as well? Earning 20 mil usd overnight....
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
Raphael NICOLLE - one of the Bitfinex owners
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
Raphael NICOLLE - one of the Bitfinex ownersNot trying to defend an exchange that just lost a big chunk of depositor's money, but as far as I understood the authorities contacted were American ones. But yes, they should have also contacted local authorities if they're based in HK...
How can you call the cops over the money obtained through an illegal activity being stolen?
This is a big statement. Is there anything supporting this?
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
Raphael NICOLLE - one of the Bitfinex owners
he is young I'm sure he has the intention to deceive and did scaming. it was very clear there was no investigation. and he intends to provide 30% funds lol I think there is no exchange loss due to the hack and then pay 30You 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
Raphael NICOLLE - one of the Bitfinex owners% To the users
Well well... no surprise there.
Knew they would turn out to be a hyip, ponzi, scam all rolled into one.
Knew they would turn out to be a hyip, ponzi, scam all rolled into one.
It blows my mind that these things happen and it seems that everyone goes silent afterward. People bitched after Mt. Gox because it was a novel thing at the time. Then Cryptsy and some other ones I wasn't paying attention to. The Hong Kong police should get involved, whether it's to investigate the hack or to investigate bitfinex itself. No one wants to cry "rape". We are content to be repeatedly gangraped by these assholes, it would seem. Somehow I think the people who are losing money don't want the cops involved, because of their illegal dealings or whatever. It's strange.
How can you call the cops over the money obtained through an illegal activity being stolen? I'll steal your phone, I'll get robbed and I'll then call the cops because someone stole my stolen phone. It was obvious. Their activity was illegal. Now they're millionaires, and destroyed a lot of lives. We aren't a community of billions, and Bitfinex.. I guess it had a pretty small userbase compared to the lives in this world. So basically, most of them were destroyed now. They didn't call cops... Cops got to be on their way, actually!
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
Raphael NICOLLE - one of the Bitfinex owners
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
Raphael NICOLLE - one of the Bitfinex ownersJump to: