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Topic: [BitFunder] Moving Forward/Resolution Process - page 33. (Read 292108 times)

hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
I'd not abused you all called you any name, so please respect my questions and tell me something to make me feel better about not being able to afford IVF until my bitcoins are released.

I feel really bad for you bro... Sad

I will purchase some coins from you, maybe that helps a little Wink

Thanks buddy!  Every order helps me, and helps the museum Smiley

 Im not trying to play the sympathy card here, I just want the players involved here to understand that the money in question isnt just rich bitcoineers play money.  Undecided
newbie
Activity: 42
Merit: 0
Ukyo's shares are indeed listed at 0.01BTC each on CryptoTrade. The shares are not yet trading, they are expected to go live within a week and most holders are expecting a market price around 0.006.


The shares sure as hell are trading
- just 'coz no one wants to buy them doesn't mean they ain't live.  Have you done this before?  You seem too clueless to be real.

*Now that you know you can snap them up at .01 right nao, go go go!

No shares are available to buy on CT atall except Ukyo's (2.3% of the total shares).
[snip]

That's what is being discussed here - Ukyo's shares.  If you wish to discuss the failscam known as Active Mining, there's a containment thread for that.  Here:  https://bitcointalk.org/index.php?topic=297503.8620
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
Ukyo sold the coins on an exchange at what he thought was the top of the market back in October. I've posted on the 'Fall of Uyko' thread about this today. He planned to buy back all the coins plus more for himself at a lower price than he sold for. It was a big big gamble with someone elses money.

Ukyo did no such thing.


Yes he did. And if you are Danny then Danny you have made a serious error getting into this mess.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
Ukyo's shares are indeed listed at 0.01BTC each on CryptoTrade. The shares are not yet trading, they are expected to go live within a week and most holders are expecting a market price around 0.006.


The shares sure as hell are trading
- just 'coz no one wants to buy them doesn't mean they ain't live.  Have you done this before?  You seem too clueless to be real.

*Now that you know you can snap them up at .01 right nao, go go go!

No shares are available to buy on CT atall except Ukyo's (2.3% of the total shares).

Ukyo's shares are fixed-priced well above any previous all time high - so that they do not interfere with early-days trading.

The shares, the other 97.7%, are not trading as they are not yet on CryptoTrade.


You have just said in the ACtM thread that the shares have not been out on an exchange and we can't trade them and probably never will be able to.
You can't have your cake and eat it.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
I'd not abused you all called you any name, so please respect my questions and tell me something to make me feel better about not being able to afford IVF until my bitcoins are released.

I feel really bad for you bro... Sad

I will purchase some coins from you, maybe that helps a little Wink
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Ukyo did no such thing.

Should your lately use of your username ukyo in the third person worry us?



The things I am working on are not primarily code. That, as you said, would be fast and easy and something solely reliant on my efforts which means I could fulyl control how fast that could happen.
This issue is that we are working with others who have their own schedules and have a todo list that mostly requires previous steps completed before moving onto the next.

And no, Graet is not an owner, just a Director.

And Graet isnt saying anything either. Danny either. Strange.

So its not coding only. It sounds like investigations going on. Maybe a thievery or scam happened and they seized all funds because bitfunder was a grey area anyway.

Didnt you tell them that every bitcoin of these funds belong to the users of weexchange and arent weexchange/bitfunder funds? I wonder if they can seize all funds only because one foul apple was in it.

I read your answer that its quite possible that 2 months arent enough. Since you always claim its out of your range whats happening, you say its something legal and that coding wouldnt be the problem i think it has to be some screwed investigation.

Does weexchange have a legal representation? A lawyer? If so could you send me the address via pm? If its an investigation then you surely need one. I dont say that i will sue you now. But i would try contacting this way.

This all praised forum lawyer didnt get back to me till now. I dont know what this says.
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
So he jumps on just to talk about something that has nothing to do with me not getting my bitcoins.*sigh*

Ukyo, what the bloody hell is going on, and what is going to be happening next? You've not really said or done anything since the 6% refund.

It was nice to find that Graet was a director. Doesn't that make his responsible for some of this?  It might explain why he has been so quiet lately.

So does he owe us money?  Is he responsible for some of this mess? Or is he a director just so you could get some legal status as a trading company in Australia.

Less silence & more answers would be appreciated Uyko.

I'd not abused you all called you any name, so please respect my questions and tell me something to make me feel better about not being able to afford IVF until my bitcoins are released.

-Dobz
newbie
Activity: 42
Merit: 0
Ukyo sold the coins on an exchange at what he thought was the top of the market back in October. I've posted on the 'Fall of Uyko' thread about this today. He planned to buy back all the coins plus more for himself at a lower price than he sold for. It was a big big gamble with someone elses money.

Ukyo did no such thing.


So what exactly did he do with the coins instead?


I think if ukyo didnt pay me back in 2 months im sure his "plan" didnt work and i will go the court way... This amount of time surely should be enough to code his solution or whatever he does. If the timeframe went by then im sure he cant solve it.


The things I am working on are not primarily code. That, as you said, would be fast and easy and something solely reliant on my efforts which means I could fulyl control how fast that could happen.
This issue is that we are working with others who have their own schedules and have a todo list that mostly requires previous steps completed before moving onto the next.

And no, Graet is not an owner, just a Director.

So what are the steps and what is the timeline for the whole resolution process? I am sure you can at least briefly outline that for us. If not, why? Please take the time to answer this for each step.

sr. member
Activity: 448
Merit: 250

I think if ukyo didnt pay me back in 2 months im sure his "plan" didnt work and i will go the court way... This amount of time surely should be enough to code his solution or whatever he does. If the timeframe went by then im sure he cant solve it.


The things I am working on are not primarily code. That, as you said, would be fast and easy and something solely reliant on my efforts which means I could fulyl control how fast that could happen.
This issue is that we are working with others who have their own schedules and have a todo list that mostly requires previous steps completed before moving onto the next.

And no, Graet is not an owner, just a Director.
sr. member
Activity: 448
Merit: 250
Investing it into ACtM was illegal but a decent bet - as we now see.

Gambling the rest of it on the markets was very very stupid and also illegal.

Multimillion dollar fraud only ends one way - Jail.

That's why you will never see Uyko again if he gets his hands on these shares. Not unless you visit Mexico.

Again, I have no interests in "running away".
If I was going to do that I would have a long time ago.
sr. member
Activity: 448
Merit: 250
Ukyo sold the coins on an exchange at what he thought was the top of the market back in October. I've posted on the 'Fall of Uyko' thread about this today. He planned to buy back all the coins plus more for himself at a lower price than he sold for. It was a big big gamble with someone elses money.

Ukyo did no such thing.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Yeah, selling your house and car and get a loan will also help.

Glad to know we both agree I am on the right track with ActM then. Smiley

I haven't read all the posts here but I just wanted to clarify Ukyo, if you sell all the active mining shares will this be enough to pay back all those owed money from weexchange? Smiley
The 6.175% of the debt was stated as ~386 BTC

Thus the total Weex debt could have been around ~6251 BTC

Thus the remaining outstanding debt could be around ~5865BTC

So yeah - "not a chance" is the answer to your question.

I know of one person who said they had a Weex balance of 480 BTC ...

Those interested in going the first step (that is free) simply need to call ASIC
https://www.asic.gov.au/ Australian Securities and Investments Commission
and say something along the lines of:

"An Australian Company
ACN: 152 308 239
ABN: 30 152 308 239
and it's parent American company, have accepted funds in trust of the value of over $5mil and have only retuned 6.175% of those funds when requested and no more.
They also have stated that the funds are "gone" (yes Ukyo said that) and will not explain what happened to them due to some supposed legal reason.
I am owed approximately XYZ.
What should I do about this?"
newbie
Activity: 42
Merit: 0
Ukyo's shares are indeed listed at 0.01BTC each on CryptoTrade. The shares are not yet trading, they are expected to go live within a week and most holders are expecting a market price around 0.006.


The shares sure as hell are trading - just 'coz no one wants to buy them doesn't mean they ain't live.  Have you done this before?  You seem too clueless to be real.

*Now that you know you can snap them up at .01 right nao, go go go!
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
Ukyo's shares are indeed listed at 0.01BTC each on CryptoTrade. The shares are not yet trading, they are expected to go live within a week and most holders are expecting a market price around 0.006.

ACtM have had some exceptional news releases recently so price is difficult to predict.

member
Activity: 120
Merit: 10
Do you understand what you have typed there?
Sorry my bad... Thought ActM was trading at 0.01 not 0.001. I don't really follow ActM so I misread it.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
ukyo can sue VMC for stealing shares


Ukyo isn't going near any Court if he can help it. He is basically on the run right now - or as good as. I've no doubt the authorities would like to speak to him and soon will be. The only Courtroom he will be seeing is the one with him in the dock.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Give yourself a deadline.  Ukyo has been taking the publics deposits into his own fucking wallet since NOVEMBER knowing he could not pay people back. If this isn't a red flag or a concern for you, you are an idiot. I'm sorry, I'm not sure how else I can put it.

When will you do something about this? Anything is better than nothing.   Another 2 weeks?  Another 2 months, 5 months?  Just at least set a deadline.

He is buying more time.  At the very least Ukyo should have at least TOLD us what HAPPENED with all of our BTC we deposited to "WeExchange | A safe way to pay and get paid".

You have had money stolen from you, you should be angry.

I think if ukyo didnt pay me back in 2 months im sure his "plan" didnt work and i will go the court way... This amount of time surely should be enough to code his solution or whatever he does. If the timeframe went by then im sure he cant solve it.



@Ukyo
I will explain it to you, a corporation has a lien on its shares for any sums owed by a shareholder, so we have a lien on your shares.  You are the owner of Bitfunder and the funds where on Bitfunder.  Because they where transferred to WeEx in a contract that you had with them does not relieve you of your obligation to pay us our funds.  Also, 38 BTC was left on Bitfunder and I have screenshots of it being there.  I did not authorize it to be transferred to WeEx.

Youre right about the lien. But im very sure youre wrong on the liability front. Legally there are two cases.
Weexchange in debt to VMC and
VMC hold shares from ukyo.
Weexchange is a company and ukyo a private person. If you try to solve this by taking the shares away we have:
Weexchange in debt to VMC
VMC in debt to ukyo
ukyo can sue VMC for stealing shares

You can try to explain a judge that you took it because ukyo owns weexchange but the same way company money and CEO-Money is divided you cant simply do what you plan. I would be surprised your lawyer said a different thing. That would only be possible if the company form of weexchange is different.

By the way... isnt Graet owner of weexchange too?
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
Investing it into ACtM was illegal but a decent bet - as we now see.

Gambling the rest of it on the markets was very very stupid and also illegal.

Multimillion dollar fraud only ends one way - Jail.

That's why you will never see Uyko again if he gets his hands on these shares. Not unless you visit Mexico.
newbie
Activity: 56
Merit: 0
I haven't read all the posts here but I just wanted to clarify Ukyo, if you sell all the active mining shares will this be enough to pay back all those owed money from weexchange? Smiley
It depends on the price the shares can be sold at. But it would currently be around 20-40% of what is owed.
the entire Weex debt could be cleared if the remaining shares sold for ~0.026 BTC each.

Do you understand what you have typed there?  Active Mining IPO'd at .0025 (x10 less than that), and has been trading below that most of the time.  Here's a chart:
http://s23.postimg.org/tm5c18jh7/Capture.jpg

And that was when people thought Ken would deliver.
Check your facts before posting nonsense.

*There's 231962 shares @.01 on CT now (your math was x2.6 that).  Other than a handful of novelty buys, they'll be there awhile. 
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
Ukyo what has active mining have to do, at all, with someone, like myself, who deposited money to wexchange then could not withdraw the btc.   How can you conflate these two things?  There is no link that I can see.

You can't just accept deposits from people then keep their money  (...like do I really need to describe this to you? Apparently).  What you have done is called thievery and there are repercussions.

Your information is public, you will not be able to hide from this.

Uh. Really?

Do you not want me to continue to try to sell ActM shares so you can receive some BTC from it?
I thought you were demanding BTC and didn't care where it came from even if its my personal.
Perhaps I should stop "conflating" these two things.

You did not answer my question. AS usual, you attempt to deflect it by talking about something else.

What does ActM shares have anything to do with the money that was deposited to WeExchange ?  I didn't but any shares with my deposits. I really doubt you'll answer this but I'll ask anyways:    So what you are saying is you were buying shares and making other investments with customers' deposits on WeExchange, is this accurate?  Are you simple or something? Don't you see this as a big fucking problem?  BTC deposited into WeExchange was not your personal wallet to make investments with. (I can't believe I even need to explain this, are you trolling me, on top of taking my money?)  

I demand my BTC that I deposited.  I care where it comes from sure. But that isn't even an issue. I simply deposited money to you, assuming it was a safe place to deposit like your tag line says on your website, ("A safe way to pay and get paid") and you spent it on an gamble investment. And you continued to take money knowing you couldn't pay it back for over 2 months. This is a serious situation.  If you don't see the problem with this than you either have serious mental deficiencies or are psychotic.  You will pay, if I don't get my money back you are fool to think that this will just go away. I know who you are , so does anyone who wants to know, you will not be able to hide for ever. No amount of money will cover what you could lose, such as time spent in prison or worse.

The only chance you have of improving your situation is at least telling people what the fuck happened and being honest for once. A thousand odd dollars isn't even a big deal for me. What is a big deal is being taken advantage of  and ripped off, I can't let you do that do me without any there being repercussions,  on principle. I will not let this go.
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