Topic: bitfloor issues? - page 28. (Read 55562 times)
Bitfloor doesn't owe me any cash from the recent bank seizure, but it owes me about 195BTC from the September hack. Should I add myself to AudenX's list, to try to get all the outstanding USD evenly divided, to get a portion of the money too?
I just received AudenX's latest update email about what's going on and I am very glad to hear that part of the information gathering process has been about finding the appropriate lawyer counsel for this situation just in case things turn ugly and we have to try to squeeze some money out of Shtylman.
Btw, if you have a stake in this issue and are not on the mailing list, send AudenX a PM with your email.
It's the only good and reliable source of information coming out of the whole thing at this point.
And AudenX deserves steady applause for the effort!
Btw, if you have a stake in this issue and are not on the mailing list, send AudenX a PM with your email.
It's the only good and reliable source of information coming out of the whole thing at this point.
And AudenX deserves steady applause for the effort!
Bitfloor needs to have its ass sued off. In addition to supposedly having the money now but "working on a way to return it" for weeks, they are refusing to convert to BTC even if the customer deposited via BTC.
Why would you convert to BTC if you deposited in BTC?
It was before the crash and I wanted to temporarily sell in order to avoid losses.
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Besides that how would he convert the money to BTC if the exchange is closed so there are no matching orders? Surely you'r not suggesting he send all the FIAT to MtGOX with Dwolla and buy BTC? :-)
If that's what it takes, yes. He claims to be enjoying all his free time, good for him, but in case he didn't notice, he's holding $100Ks that is not his.
In theory it's a good idea, but it would be impossible to do. It would be more or less illegal for him to do that as we seem to understand money laundering regulations now. Unfortunately, and I sincerely mean unfortunately, I think you will either need to wait for him to make things right or you will have to take him to court.
I saw him at the conference and we had a chance to talk a bit. He seems like he is honestly working on resolving things but that it just takes time. Remember he can't really act until the bank gets around to working with him on it in one way or another, AND there are the FinCEN regulatory issues that have now reared their head big time. The government and banks don't have a reputation of working quickly for a resolution. I wouldn't be surprised if you have to adjust your expectations to corporation-long timelines. Could be months.
Roman Shtylman can blow me, and if he does a really great job he will gain some liquidity right at the very end.
First time I've lol'd concerning this pile of steaming elephant shit.
But the general consensus is that come July all will be well.
Please elaborate. All will be well with IW or BF?
Sorry if I missed soemthing. I am running on about 4 hours of sleep out of 48 and fixing to crash. Of course, I had to see what was up in here first.
All my wtfs, I just can't hold them! :L
I think that the best shot that I have to see my money again is for Roman to get settled, gain some liquidity from a venture capital guy, and re-open his exchange. My impression is that other people would like to thwart any efforts that he might make to operate an exchange.
Roman Shtylman can blow me, and if he does a really great job he will gain some liquidity right at the very end.
Bitfloor needs to have its ass sued off. In addition to supposedly having the money now but "working on a way to return it" for weeks, they are refusing to convert to BTC even if the customer deposited via BTC.
Why would you convert to BTC if you deposited in BTC?
It was before the crash and I wanted to temporarily sell in order to avoid losses.
Quote
Besides that how would he convert the money to BTC if the exchange is closed so there are no matching orders? Surely you'r not suggesting he send all the FIAT to MtGOX with Dwolla and buy BTC? :-)
If that's what it takes, yes. He claims to be enjoying all his free time, good for him, but in case he didn't notice, he's holding $100Ks that is not his.
I feel your pain!
At today's exchange rate, I have over that sum tied up in InstaWallet, and I, too, was thinking about moving it out prior to it going dark, but was rest assured on this very forum that all is well in IW land. It wasn't too long after that that one of its owner opted to publically stick it up my ass on this same forum.
But the general consensus is that come July all will be well.
Criminal behavior
What is the crime?
Where is the jurisdiction?
I think civil cases allow you to receive damages. At least in the one criminal case I was the most associated with, I could not seek damages and was told by the prosecutor that damages were a civil matter and his office was not allowed to offer help.
If there is a lawsuit, my impression is that it should be a civil matter. It is also my impression that you should be able to state what you desire as an outcome and it has to be something that the court can grant or you are wasting your time dreaming about it.
I think that the best shot that I have to see my money again is for Roman to get settled, gain some liquidity from a venture capital guy, and re-open his exchange. My impression is that other people would like to thwart any efforts that he might make to operate an exchange.
Bitfloor needs to have its ass sued off. In addition to supposedly having the money now but "working on a way to return it" for weeks, they are refusing to convert to BTC even if the customer deposited via BTC.
Why would you convert to BTC if you deposited in BTC?
It was before the crash and I wanted to temporarily sell in order to avoid losses.
Quote
Besides that how would he convert the money to BTC if the exchange is closed so there are no matching orders? Surely you'r not suggesting he send all the FIAT to MtGOX with Dwolla and buy BTC? :-)
If that's what it takes, yes. He claims to be enjoying all his free time, good for him, but in case he didn't notice, he's holding $100Ks that is not his.
Criminal behavior
Bitfloor needs to have its ass sued off. In addition to supposedly having the money now but "working on a way to return it" for weeks, they are refusing to convert to BTC even if the customer deposited via BTC.
Why would you convert to BTC if you deposited in BTC?
Besides that how would he convert the money to BTC if the exchange is closed so there are no matching orders? Surely you'r not suggesting he send all the FIAT to MtGOX with Dwolla and buy BTC? :-)
When I warned months ago that Roman was insolvent, and anyone leaving funds on deposit with him risked losing them you and many others on this thread seemed to take the message badly. For anyone heeding my comments, they were very constructive.
Roman is not your friend, he is so bankrupt that his personal credit has been withdrawn, and he is not acting in your best interests.
Roman is not your friend, he is so bankrupt that his personal credit has been withdrawn, and he is not acting in your best interests.
This might be news. Do you know that Bitfloor's bank was closed down because it found out that Roman was insolvent due to a prior hack? Or is this just a guess?
He did not say Bitfloor's bank was closed down because Roman is insolvent (although that also may be true since MSG's need CAPITAL or a bond for capital and it is clear that Roman has neither since his Credit Cards were cancelled. Source? Read the thread or read Roman's own twitter account. ROMAN SAID IT.
Bitfloor needs to have its ass sued off. In addition to supposedly having the money now but "working on a way to return it" for weeks, they are refusing to convert to BTC even if the customer deposited via BTC.
Any source on the "millions" claim? Last estimate I heard was a few hundred thousand. If you know it's actually millions, could you please let us know how you found out?
A tally on reddit came up with the $500,000. It's a fair guess the total amount is in the millions.
go read this article and see the similarities on how this scammer ended up treating his customers:
http://weirderweb.com/2013/02/05/do-you-trust-the-black-hat-a-300000-internet-marketing-ponzi-scheme-at-work/
constant excuses, being condescending to his customers, its all there.
http://weirderweb.com/2013/02/05/do-you-trust-the-black-hat-a-300000-internet-marketing-ponzi-scheme-at-work/
constant excuses, being condescending to his customers, its all there.
Roman has been condescending to his customers? Link or source? I'd like to know if this is true.
i dont care about his excuses. be a man of your word and fix your shit. dont fucking spend your time taking trips to san fran when you owe people millions.
Any source on the "millions" claim? Last estimate I heard was a few hundred thousand. If you know it's actually millions, could you please let us know how you found out?
When I warned months ago that Roman was insolvent, and anyone leaving funds on deposit with him risked losing them you and many others on this thread seemed to take the message badly. For anyone heeding my comments, they were very constructive.
Roman is not your friend, he is so bankrupt that his personal credit has been withdrawn, and he is not acting in your best interests.
Roman is not your friend, he is so bankrupt that his personal credit has been withdrawn, and he is not acting in your best interests.
This might be news. Do you know that Bitfloor's bank was closed down because it found out that Roman was insolvent due to a prior hack? Or is this just a guess?
well said
So tell me, how does your post do anything to help me get my money back.
Constructive really depends on the eye of the beholder. When I warned months ago that Roman was insolvent, and anyone leaving funds on deposit with him risked losing them you and many others on this thread seemed to take the message badly. For anyone heeding my comments, they were very constructive.
Similarly, angry messages recognizing that Roman could very well be scamming us all can be constructive if they lead to widespread recognition of the facts. Roman is not your friend, he is so bankrupt that his personal credit has been withdrawn, and he is not acting in your best interests.
The first step to solving your problem will be to recognize that you have a problem. If you expect any solution you are going to have to take criminal or civil legal action.
anyone willing to defend this scumbag is a complete POS
go read this article and see the similarities on how this scammer ended up treating his customers:
http://weirderweb.com/2013/02/05/do-you-trust-the-black-hat-a-300000-internet-marketing-ponzi-scheme-at-work/
constant excuses, being condescending to his customers, its all there.
i dont care about his excuses. be a man of your word and fix your shit. dont fucking spend your time taking trips to san fran when you owe people millions.
"business is bad? fuck you pay me."
"oh you had a fire? fuck you pay me."
http://www.youtube.com/watch?v=5ydqjqZ_3oc
go read this article and see the similarities on how this scammer ended up treating his customers:
http://weirderweb.com/2013/02/05/do-you-trust-the-black-hat-a-300000-internet-marketing-ponzi-scheme-at-work/
constant excuses, being condescending to his customers, its all there.
i dont care about his excuses. be a man of your word and fix your shit. dont fucking spend your time taking trips to san fran when you owe people millions.
"business is bad? fuck you pay me."
"oh you had a fire? fuck you pay me."
http://www.youtube.com/watch?v=5ydqjqZ_3oc
So tell me, how does your post do anything to help me get my money back.
anyone willing to defend this scumbag is a complete POS
go read this article and see the similarities on how this scammer ended up treating his customers:
http://weirderweb.com/2013/02/05/do-you-trust-the-black-hat-a-300000-internet-marketing-ponzi-scheme-at-work/
constant excuses, being condescending to his customers, its all there.
i dont care about his excuses. be a man of your word and fix your shit. dont fucking spend your time taking trips to san fran when you owe people millions.
"business is bad? fuck you pay me."
"oh you had a fire? fuck you pay me."
http://www.youtube.com/watch?v=5ydqjqZ_3oc
go read this article and see the similarities on how this scammer ended up treating his customers:
http://weirderweb.com/2013/02/05/do-you-trust-the-black-hat-a-300000-internet-marketing-ponzi-scheme-at-work/
constant excuses, being condescending to his customers, its all there.
i dont care about his excuses. be a man of your word and fix your shit. dont fucking spend your time taking trips to san fran when you owe people millions.
"business is bad? fuck you pay me."
"oh you had a fire? fuck you pay me."
http://www.youtube.com/watch?v=5ydqjqZ_3oc
Now he completely forgot about BitFloor and is just living a regular life. What crime can we call this? He owes us money and is just neglecting it...
At this point you wonder if he made a deal with someone.
Close up shop, and we won't prosecute you for anything bitcoin related. We want you shut down. Keep their money and we won't prosecute you criminally for it either. You can just take a few civil suits, declare bankruptcy and have a blast with all your cash.
That sounds pretty realistic based on the way he is holding everyone's money.
For the sake of argument, if we assume for the moment that Roman is an honest and trustworthy person who is legitimately interested in getting everyone's USD balances back to everyone . . .
I'm curious, what bank would allow you to open an account if you informed them that your plan was to deposit a single check in excess of $500,000 (could it be in excess of $1 million?), then split that balance up into many ACH transfers over the course of a few days, then close the account?
He's holding a check (a piece of paper IOU that has a dollar amount written on it) and somehow he needs to find a bank that will allow him to open a business account for a defunct business that will close it's account a few days latter?
I'm curious how he's going to solve this.
Would you be willing to do this if there was a good possibility that the bank would be forced by FinCEN to close your accounts on you?
Are you sure that your bank would be willing to participate in this transaction?
I suggest talking with your bank, letting them know exactly what you intend to do, and why, and then if the bank is willing to cooperate and can assure you that your account will not be closed due to this activity, contact Roman and/or his lawyer.
I suspect you will find that your bank will not be as cooperative as you think they will.
Banks have a range of personalities, just as people do. I know of at least two banks, one in Texas and one in Minnesota that have a lot of customers from Mexico. They are accustomed to doing wire transfers and the like in an environment that surely has a paperwork burden.
Of course, I would speak with candor with the bank officers. I might also ask for an opinion from the FinCEN people beforehand, an act that should give me substantial protection.
The risky thought that I have is not helping people return these funds, rather it is the thought of asking Roman to start the exchange back up after I have had some involvement, however brief, in it's activities.
For any of this to proceed, I would of course have to chat with Roman.
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