Topic: Chinese Mining mogul FriedCat has stolen more than a million in AM hash SCAM - page 10. (Read 43706 times)

I was checking this video: https://www.youtube.com/watch?v=K8kua5B5K3I (Life Inside a Secret Chinese Bitcoin Mine)

There are 2 guys in this. Does not the tall one looks like FriedCat and the short one like Rock Xie ?

lol, this is perfect

My heart jumps at the sight of jet another epic bitcoin scam. Can't wait for confirmation!  

that was just my interpretation of the bad google translate, would love to be wrong though.

FC being missing has been mentioned a few times now.

I presume Amhash is Rockxie or one of the team then.... i was thinking this yesterday

now they are saying in the official AM thread that FC is missing, last seen in Mongolia, has gone totally "radio silence" and now they are actually worried for his personal safety. Plus he alone holds the private keys to AM's wallet so all funds are stuck.

This does not look good, but I wouldn't say scam. FC has too much invested, owns too many shares.

He might have run into some dangerous bandits...

yikes!

Yes, the report is a joke.

Sadly, this is true

To invest in any kind of cloud mining, one has to be extremely discreet and do thorough background research.

lol right

If you are going to quote text, make sure you actually know what it says.  That last 'police report' is actually a birth certificate...

nice, time to brag.

Tatatata I told you so.

My wife has been loyal because I don't fuck around (I keep my coins in my wallet and don't put them in shaddy places).

its a tweet of a photo from a "salon" AM was a guest at in July (october?) 2014. I saw it then posted in the AM thread in "securities" but its so buried in the endless bickering, scam accusations, trolling, and general gnashing of teeth that is de riguer over there that I dont feel like trying to dig it up. BTW it was paired with a shot of the slideshow that FC was narrating which incidentally showed, very clearly, in english, the word "LABCOIN"
I brought up the fact that this is rather incongruous and slightly disturbing to AM shareholders and all the sockpuppets of AM (hdbuck) told me to STFU
still dont knbow why FC was talking about labcoin, can only surmise that it is his new business model for 2015 i.e. rip off the shareholders!

This is the same fairy tale that PBmining came out with: "I've been robbed (of virtual shares)..." which is easier than robbing like a ton of miners and power supps, etc. (how many trucks would they have needed?)

They did it so good that even fooled Puppet, or maybe Puppet was an accessory to it (supposing only)

Ok, i recovered all my money from PBmining, I WILL DO THE SAME WITH THIS ONE. Check my activity in this site and you will see is true, I GOT ALL MY MONEY BACK because i have the means to.

Stay tunned... Any real world data will help, but not on Friedcat but AMHASH...

This is taken from some tweet...

https://pbs.twimg.com/media/BuB9r77CAAExJAf.jpg

Any idea who tweeted this ? Moreover, how & where it was confirmed that this is FC ?

There's so much bad information in this thread it is hard to tell who's trollin' and who's not.

the picture posted earlier here is not friedcat. it is Rockxie, who is in bed with friedcat and was supposed to be managing the farm where AM shareholders' mining power was being sold down the river to whoever bought AMhash.

Either way the whole deal is a scam and a fail and fuck all them.

THIS is the only confirmed pic of FRIEDCAT

Who are these guys ? Do u mean the police report is fake ?

Please educate yourself to what a ponzi is and how they operate. They can run for years as long as there are enough new victims coming in to cover the older obligations.


This is a really pathetic rationalization. There are many ways they can prove they have the hashrate to cover their contracts without removing their ability to sell freshly minted coins for money laundering. They could have the asic manufacturer show a receipt or confirm the order, they could have a video walkthrough of their mining center, they could even temporarily prove their hash rate with periodic audits and any one time loss from not being able to sell those minted coins during the audit to drug dealers would be far more compensated by the fact that they could charge more per GH/s and sell more contracts with a better reputation.

I don't know whether CMW is a complete mirage or just fractional reserve mining , but both constitute fraud and will eventually leave many victims behind. That thread you disparage started with 0 examples of collapsed ponzis and now has at least 14 examples where our suspicions have been vindicated. CMW is likely on the brink of collapse and I doubt it will be around in the next 6 months. \

If you want to delude yourself and gamble with cloud mining fine.... but stop promoting this shit to new victims and spreading misleading information.

  install miner ... without GRID and LOCKS (and ALARM) ... on a storage facility ... is not a good idea.

I dont think anyone is aware of the actual location of AM's mining facility.