That's the thing...the cat's pretty much out of the bag, at this point. I think he knows that he has a "mob" on his hands and its in his best interests to make sure people are at least paid back what they sent him. I see several people on the spreadsheet who are in double-digits owed and I'm sure all of us are pretty motivated to see restitution happen...so organizing something more formal/legal wouldn't probably be a huge challenge. It'd take time, legal wranglings always do...but you'd better believe that punitive damages would be on the table for everyone, as we've all lost the use of that Bitcoin and the ability to trade, increase our earnings, buy mining equipment or whatever the case may be.
He'll want to avoid that eventuality, so I have no doubt that he's going to attempt to make good on the debts. I do believe that he actually IS earning money via arbitrage (I also believed he was, in the beginnings of the site) and that is how he's repaying the debt. I don't know that the hacking story holds a lot of water, for me; but it doesn't really matter how the money was lost...it's gone, either way.
I'm not going to be real thrilled if more days keep passing without my seeing anything hit my wallet, though...I can tell you that.
Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds - page 71. (Read 277012 times)
June 04, 2014, 04:12:50 PM
June 04, 2014, 03:58:53 PM
It would be nice to know what your logic is on who gets paid back when..... Also, question of the day -- was your name really Adam?
I too would like to know exactly how the logic works as well. Initially I was afraid he would just pay back those that had traced out his real info and vanish again but I'm pretty comfortable thinking that whoever does have the info will share it if that does happen and some of us are still left off these truly random repayments..
June 04, 2014, 03:38:31 PM
It would be nice to know what your logic is on who gets paid back when..... Also, question of the day -- was your name really Adam?
When you ask that, it makes me laugh and realize how trusting I was of btc-arbs. I'm hopeful that I might have my btc returned, but I have no real expectations at this point. Glad I'm not so fumed about it anymore.
Bought some NAUT and Dirac so hopefully I will make enough returns off those eventually to cover my losses.
June 04, 2014, 03:21:48 PM
I hope u guys receive ur bitcoins back like I did (0.1 BTC )
June 04, 2014, 03:11:12 PM
I have troubles finding my transaction ID's, I made three transactions from an exchange so I didn't sent them from one wallet address. Since the wallet address of BTC-Arbs was changing with each transaction I am only able to find the last transaction.
Any tips? the exchange is: Kraken.
Transaction 1: 0,1 BTC
Transaction 2: 0,15 BTC
Transaction 3: 0,3315 BTC https://blockchain.info/address/1FJ52dyn7jqqxPv9EmUuVsLHTfhdvWZwrE
Total: 0.5815 BTC
Any tips? the exchange is: Kraken.
Transaction 1: 0,1 BTC
Transaction 2: 0,15 BTC
Transaction 3: 0,3315 BTC https://blockchain.info/address/1FJ52dyn7jqqxPv9EmUuVsLHTfhdvWZwrE
Total: 0.5815 BTC
Transaction IDs should be somewhere in your Kraken withdrawal overview.
June 04, 2014, 03:04:07 PM
Yes...in the interest of accuracy, it was "Ron James and the Nonexistent Capital Alliance" who refunded me a total of 2.2 Bitcoin over the course of like three weeks. Since the refunds via Bitcointalk.org started, I have received two Bitcoin (well, 1.9998) and I have received nothing, today.
Most of the people who have received back their investment have less than 1 BTC invested.
If I'm correct, Freejack had invested 27 BTC and he was able to substract 2.2 already when the site was still up, he now has recieved two payments of 1BTC each.
What I think is strange is that you seem to payout at random, there are people who sent you a message today who received payments but there are very much users who sent messages earlier (of which I am one) who haven't received anything yet.
One of the main challenges that I'm experiencing is that the copy of the database that I have is old. The most recent version was corrupted by hackers. Therefore, each refund requires information from the user, which is then cross referenced with data from the old database and the public blockchain. Furthermore, I need to know which address to send the refund to.
To complicate the situation more, during the initial hacking, many deposits were sent to the Bitcoin addresses of the hackers. By providing your information by email or PM, you are helping to create an accurate ledger of balances.
From the Google refund document, you can see that I am not exclusively paying tiny balances. Freejack has received 4 bitcoins of his original 27 bitcoin deposit back, and he is one of the largest investors.
More refunds have been sent today. Please do not send attachments to the refund email address.
To complicate the situation more, during the initial hacking, many deposits were sent to the Bitcoin addresses of the hackers. By providing your information by email or PM, you are helping to create an accurate ledger of balances.
From the Google refund document, you can see that I am not exclusively paying tiny balances. Freejack has received 4 bitcoins of his original 27 bitcoin deposit back, and he is one of the largest investors.
More refunds have been sent today. Please do not send attachments to the refund email address.
Most of the people who have received back their investment have less than 1 BTC invested.
If I'm correct, Freejack had invested 27 BTC and he was able to substract 2.2 already when the site was still up, he now has recieved two payments of 1BTC each.
What I think is strange is that you seem to payout at random, there are people who sent you a message today who received payments but there are very much users who sent messages earlier (of which I am one) who haven't received anything yet.
June 04, 2014, 02:57:30 PM
I have troubles finding my transaction ID's, I made three transactions from an exchange so I didn't sent them from one wallet address. Since the wallet address of BTC-Arbs was changing with each transaction I am only able to find the last transaction.
Any tips? the exchange is: Kraken.
Transaction 1: 0,1 BTC
Transaction 2: 0,15 BTC
Transaction 3: 0,3315 BTC https://blockchain.info/address/1FJ52dyn7jqqxPv9EmUuVsLHTfhdvWZwrE
Total: 0.5815 BTC
Any tips? the exchange is: Kraken.
Transaction 1: 0,1 BTC
Transaction 2: 0,15 BTC
Transaction 3: 0,3315 BTC https://blockchain.info/address/1FJ52dyn7jqqxPv9EmUuVsLHTfhdvWZwrE
Total: 0.5815 BTC
June 04, 2014, 02:45:12 PM
It would be nice to know what your logic is on who gets paid back when..... Also, question of the day -- was your name really Adam?
June 04, 2014, 02:43:23 PM
One of the main challenges that I'm experiencing is that the copy of the database that I have is old. The most recent version was corrupted by hackers. Therefore, each refund requires information from the user, which is then cross referenced with data from the old database and the public blockchain. Furthermore, I need to know which address to send the refund to.
To complicate the situation more, during the initial hacking, many deposits were sent to the Bitcoin addresses of the hackers. By providing your information by email or PM, you are helping to create an accurate ledger of balances.
From the Google refund document, you can see that I am not exclusively paying tiny balances. Freejack has received 4 bitcoins of his original 27 bitcoin deposit back, and he is one of the largest investors.
More refunds have been sent today. Please do not send attachments to the refund email address.
To complicate the situation more, during the initial hacking, many deposits were sent to the Bitcoin addresses of the hackers. By providing your information by email or PM, you are helping to create an accurate ledger of balances.
From the Google refund document, you can see that I am not exclusively paying tiny balances. Freejack has received 4 bitcoins of his original 27 bitcoin deposit back, and he is one of the largest investors.
More refunds have been sent today. Please do not send attachments to the refund email address.
Most of the people who have received back their investment have less than 1 BTC invested.
If I'm correct, Freejack had invested 27 BTC and he was able to substract 2.2 already when the site was still up, he now has recieved two payments of 1BTC each.
What I think is strange is that you seem to payout at random, there are people who sent you a message today who received payments but there are very much users who sent messages earlier (of which I am one) who haven't received anything yet.
June 04, 2014, 02:37:46 PM
So now I was just refunded! I got my BTC back! 
and a PM from btc-arbs with notice. So keep you fingers on! maybe you will need your feets too! 
ID Transcc: e981953aa2347396b71f933d077aeeb4ac4b824d7d1023b97a6dc9d20a3bada3-000
and a PM from btc-arbs with notice. So keep you fingers on! maybe you will need your feets too! ID Transcc: e981953aa2347396b71f933d077aeeb4ac4b824d7d1023b97a6dc9d20a3bada3-000
Congratulations cronos7, could you please update your info on the spreadsheet including the date/time you sent your messages to the admin?
Good luck to you!
June 04, 2014, 02:33:10 PM
One of the main challenges that I'm experiencing is that the copy of the database that I have is old. The most recent version was corrupted by hackers. Therefore, each refund requires information from the user, which is then cross referenced with data from the old database and the public blockchain. Furthermore, I need to know which address to send the refund to.
To complicate the situation more, during the initial hacking, many deposits were sent to the Bitcoin addresses of the hackers. By providing your information by email or PM, you are helping to create an accurate ledger of balances.
From the Google refund document, you can see that I am not exclusively paying tiny balances. Freejack has received 4 bitcoins of his original 27 bitcoin deposit back, and he is one of the largest investors.
More refunds have been sent today. Please do not send attachments to the refund email address.
To complicate the situation more, during the initial hacking, many deposits were sent to the Bitcoin addresses of the hackers. By providing your information by email or PM, you are helping to create an accurate ledger of balances.
From the Google refund document, you can see that I am not exclusively paying tiny balances. Freejack has received 4 bitcoins of his original 27 bitcoin deposit back, and he is one of the largest investors.
More refunds have been sent today. Please do not send attachments to the refund email address.
June 04, 2014, 02:18:20 PM
So now I was just refunded! I got my BTC back! and a PM from btc-arbs with notice. So keep you fingers on! maybe you will need your feets too!
ID Transcc: e981953aa2347396b71f933d077aeeb4ac4b824d7d1023b97a6dc9d20a3bada3-000
and a PM from btc-arbs with notice. So keep you fingers on! maybe you will need your feets too! ID Transcc: e981953aa2347396b71f933d077aeeb4ac4b824d7d1023b97a6dc9d20a3bada3-000
Congratulations cronos7, could you please update your info on the spreadsheet including the date/time you sent your messages to the admin?
June 04, 2014, 02:15:21 PM
So now I was just refunded! I got my BTC back! and a PM from btc-arbs with notice. So keep you fingers on! maybe you will need your feets too!
ID Transcc: e981953aa2347396b71f933d077aeeb4ac4b824d7d1023b97a6dc9d20a3bada3-000
and a PM from btc-arbs with notice. So keep you fingers on! maybe you will need your feets too! ID Transcc: e981953aa2347396b71f933d077aeeb4ac4b824d7d1023b97a6dc9d20a3bada3-000
June 04, 2014, 01:52:54 PM
i do not understand. If this is all true, and the BTC-Arbs guy is not a fake guy, why does he need everyone to write him a message and claim for their bitcoins?
Dont he have his own history, where he can see which acc had how many bitcoins deposited?
why cant he send everyone an e-mail, to the email acc you had to register with and tell them that they can contact him for repay? Why publish this message here?
And why should he repay the small debts first? I think the bigger ones are the real danger! Seriously, who would threat his family for 500 $??? -right, no one would get his hands dirty for 1-2 bitcoins, but for more.
So i dont see an solution by repaying all the small debts, he will still be in danger.
So all this must be a huge fake. Maybe by someone who tries to find out how many bitcoins were invested...
Each day you guys are not investigating because you are trusting someone in here who claims he will repay but do not give you a true evidence, is a wasted day. Each day is blurring even more the traces...
Dont he have his own history, where he can see which acc had how many bitcoins deposited?
why cant he send everyone an e-mail, to the email acc you had to register with and tell them that they can contact him for repay? Why publish this message here?
And why should he repay the small debts first? I think the bigger ones are the real danger! Seriously, who would threat his family for 500 $??? -right, no one would get his hands dirty for 1-2 bitcoins, but for more.
So i dont see an solution by repaying all the small debts, he will still be in danger.
So all this must be a huge fake. Maybe by someone who tries to find out how many bitcoins were invested...
Each day you guys are not investigating because you are trusting someone in here who claims he will repay but do not give you a true evidence, is a wasted day. Each day is blurring even more the traces...
He just wants to silence some people it seems. Kind of funny to be paying a few people here on this forum and that is all you hear about. Slightly irritating, I feel like this thread is going to be active with this refund nonsense till next year.
I'm suspicious because the people I was speaking with about sharing information on the admin were some of the first to be paid off by the admin. Doesn't make sense for the admin to create an account on the forum and start doing refunds through the forum. How about the rest of the members? Strange. He's paying off a select few here and there. You don't hear about any refunds through traditional HYIP sources and people who were members of btc-arbs on other sites.
We all know some users have been refunded, but we also know there are more btc-arbs members than I can count on my fingers.
June 04, 2014, 01:51:53 PM
i do not understand. If this is all true, and the BTC-Arbs guy is not a fake guy, why does he need everyone to write him a message and claim for their bitcoins?
Dont he have his own history, where he can see which acc had how many bitcoins deposited?
why cant he send everyone an e-mail, to the email acc you had to register with and tell them that they can contact him for repay? Why publish this message here?
And why should he repay the small debts first? I think the bigger ones are the real danger! Seriously, who would threat his family for 500 $??? -right, no one would get his hands dirty for 1-2 bitcoins, but for more.
So i dont see an solution by repaying all the small debts, he will still be in danger.
So all this must be a huge fake. Maybe by someone who tries to find out how many bitcoins were invested...
Each day you guys are not investigating because you are trusting someone in here who claims he will repay but do not give you a true evidence, is a wasted day. Each day is blurring even more the traces...
Dont he have his own history, where he can see which acc had how many bitcoins deposited?
why cant he send everyone an e-mail, to the email acc you had to register with and tell them that they can contact him for repay? Why publish this message here?
And why should he repay the small debts first? I think the bigger ones are the real danger! Seriously, who would threat his family for 500 $??? -right, no one would get his hands dirty for 1-2 bitcoins, but for more.
So i dont see an solution by repaying all the small debts, he will still be in danger.
So all this must be a huge fake. Maybe by someone who tries to find out how many bitcoins were invested...
Each day you guys are not investigating because you are trusting someone in here who claims he will repay but do not give you a true evidence, is a wasted day. Each day is blurring even more the traces...
He just wants to silence some people it seems. Kind of funny to be paying a few people here on this forum and that is all you hear about. Slightly irritating, I feel like this thread is going to be active with this refund nonsense till next year.
I'm suspicious because the people I was speaking with about sharing information on the admin were some of the first to be paid off by the admin. Doesn't make sense for the admin to create an account on the forum and start doing refunds through the forum. How about the rest of the members? Strange. He's paying off a select few here and there. You don't hear about any refunds through traditional HYIP sources and people who were members of btc-arbs on other sites.
June 04, 2014, 01:39:29 PM
My username is the same for btctalk and btc-arbs, but I suppose people could add their btctalk username in parentheses if it differs.
June 04, 2014, 01:22:06 PM
same for me but I think we prefer the btc-arbs one
June 04, 2014, 01:20:02 PM
in the google doc do we use our btc-arbs user name or bitcointalk username?
June 04, 2014, 01:00:35 PM
Thanks Christophorus for adding your refund, when did you get it?
It appears to have been sent the same day I made my request. I had set blockchain to send me a notification but I'm guessing that upgrading to iOS8 has borked some notifications for me.
EDIT: Updated the spread sheet too.
June 04, 2014, 12:58:46 PM
Decided to check my Blockchain account on a whim and I have received 0.1898 BTC.
https://blockchain.info/tx/0171e9346dd6810b5275be34870b4a8c2703c2311adac96fc5972e40fdcb3367
If I include the transaction fee of 0.0004 it's almost my exact deposit back. I'm not expecting a transfer from anywhere else so in my mind I've had a BTC-arbs refund.
Colour me surprised but grateful.
https://blockchain.info/tx/0171e9346dd6810b5275be34870b4a8c2703c2311adac96fc5972e40fdcb3367
If I include the transaction fee of 0.0004 it's almost my exact deposit back. I'm not expecting a transfer from anywhere else so in my mind I've had a BTC-arbs refund.
Colour me surprised but grateful.
congratz !
Jump to: