Topic: Cold Storage Coins Co. Scam (Read 1072 times)

Before I forget ..since I can’t call out JM on r/coins (which would be the number one place to do so) due to the moderators of that sub not believing in freedom of speech  (which is ironic as Aaron Schwartz who confounded Reddit dedicated his life fighting for freedom of information and non-censorship. A hacktavist legend)






Never got a reply back. Messaged them again 6ish months ago or so and their response was roughly “thanks for pointing this out. We take this seriously. We will look in to it”.  Which is equally worthless as I’ve got a mountain of evidence in this thread AND JM is well aware of who Rob is and his past scams. & yet -Profit over integrity- https://www.jmbullion.com/1-oz-bitcoin-cold-storage-wallet-copper-round/

(I wonder if Ballet has tried partnering with JM, and if so, why they haven’t struck a deal. Feel like that could be telling).

I do not know the connections of Cold Storage Coin and Bitharvest other than the fact that some of the associated people are involved in both. Joby and others were convicted due to activity of BitHarvest. There is another article about BitHarvest (included below) that made me laugh a little due to a picture of two guys holding a ceremony for an MOU signing. The "Cheesy & Scammy" factor appears strong in these Crypto Jedi's.

https://behindmlm.com/companies/bitharvest-claims-devices-being-used-in-texas-mining-farms/

Beautifully done research and investigation into this. I've seen those for sale a lot of different places and was always curious about them.

yea a friend and Bitcoin artist contacted me to see if I knew anything about the company - they had contacted him about doing some sort of collab - I gave him your link once I read thru the site and saw the all to familiar names.

Gratefully, he steered plenty clear of them.

Thanks for keeping an eye out Mopar!  Been meaning to respond for a bit now, just keep getting caught up with something each time I do.

From the link above..

"We know All about Alternative currencies
In 2008, our team started the American Open Currency Standard, helping communities keep money local by bartering with good old-fashioned copper, silver and gold coins! Over the years, we created millions of coins for various causes, and even ended up starting our own private mint!"

As I've pointed out in this thread they were legally forced to shut down and sued...which they don't tell you about, naturally.

"We Gave Bitcoin a physical form in 2011.
Created first as a commemorative copper coin, with the help of a few friends we designed and minted what has since become the most famous coin in the world!"

No, they didn't.  They didn't give bitcoin a physical form at all, Mick/MJB Monetary Metals did and the coin design was released in 2012, not 2011.  Also, the most famous coin in the world..more famous than Chinese Pandas, Walking Liberty's , American Eagles? lol Yeah okay.

"In 2017, we pioneered the bitcoin cold storage wallet
After 6 months of trial and testing, we perfected a method by which we laser-etch a cryptocurrency private key QR code onto a coin surface. The resulting code is reliable and easy to scan."

Thanks to Unciphered & partners their ANYTHING but reliable security was exposed..



https://youtu.be/a1Vw0mDY64I?si=pXu4dsl5rrhl2X-6

"100,000+ coins in circulation with 100% accuracy
With more than 6 years of experience manufacturing our Cold Storage Coins, we're pleased to report that not a single coin has failed ever. Cold Storage Coins are surely the easiest, safest and most reliable way to store crypto offline. Manufacturing integrity is our top priority!"

As I've exposed in this thread a great number of times, this is pure bullshit.  First of all stating that they've got over 100,000 coins in circulation is a huge fat utter lie, only further proving Rob Gray and his many companies (i.e. fraudulent LLCs) are full of shit.  To put this 100k number in to perspective..Casascius has released less than 28k coins and bars in total..so they are trying to say they've sold 4 x what Mike Caldwell did lol ( https://casascius.uberbills.com/ ).

Their website has shown that many of their coins are "sold out" and have been listed as such for years.  There is zero chance they've sold anything even remotely close to 100k coins (despite 3rd parties also selling these scam coins....KNOWINGLY...as I've alerted them all.  This forum and personal emails will be proof of their failure to act /take this thread seriously whenever it all comes crashing down ).

Now they are even giving away free coins...hmm, wonder why ?!?!



I find it hilarious that they still advertise Joby Weeks as an Expert investor of theirs (they co-created a BitClub physical coin)



A little about BitClub- https://www.justice.gov/usao-nj/bitclub
                                https://regtechtimes.com/the-bitclub-network-a-cryptocurrency-fraud/

Jobadiah Sinclair Weeks, aka Joby Weeks in the news of late: https://behindmlm.com/companies/bitclub-network/joby-weeks-back-to-home-incarceration-upcoming-bail-hearing/

https://behindmlm.com/companies/bitclub-network/bcns-joby-weeks-ditches-wife-with-stage-4-cancer/



Here's Rob lying about having copy-written the design Mick/MJB created "I have the original copyright since I'm the original designer"
FF to 3:11 to see when he starts lying about having created the design : https://www.youtube.com/watch?v=4F2Xa4G3LOY

Interviewer:  "But okay this sounds like a bit of a Satoshi Nakamoto situation, how do you prove that you invented this design"

Rob: "It's a tough one, uhh I don't think anyone can disprove that I'm behind it.  But uh, there's a string of emails in 2011 where we were going through and working on the original design,  then we introduced it to the public in January 2012 for the very first time.  You won't find it anywhere in the world before that point because that's when it was created"

Oh Rob, but I did..


https://bitcointalk.org/index.php?topic=23256.240


Shame on any outlet still selling this LONG TIME coin scammers coins.

looks like Rob Gray has popped up again

https://blockchainmint.com/pages/about-us

My days of scam busting are coming to an end. It’s time consuming and my love for the hobby isn’t there any more.

However for these fucks, making a special exception..



Lies. No social media banned them. None, ever. Here’s their instagram page still up and active (. https://www.instagram.com/texitcoin?igsh=MTM4M2c5Y3RlcjRvcw== ) , renamed from cold storage coins to Texitcoin. Surely their next bs “project”. The irony, the coin reads “You may all go to Hell, and I will go to TexitCoin”. If anyone’s going to hell, first off. Also, what a ridiculously stupid “moto”. Not sure what they’re aiming at here. Will dig in to see if they actually creating a “textit” shitcoin.



 Also, they claim to have moved operations from Singapore to Texas, hence “Texit” name. Just more smoke and mirrors, changing of things to avoid being shut down or jailed.  They claim they built a company building there. Their listed Texas address shows a farm house of some sort. Anyone live in Texas wanna make a trip ?



True to their scam business model history, they issue a nonsensical apology. They state they got busy and distracted, but then say immediately after that  “we decided best to hang on the sidelines and give the industry time to evolve and mature”  I made up better worded excuses in pre-school.

Then state their coins held up to perfection over that time. Two posts above show these are some of the worst security holograms money can buy. All one has to do is rub the outside rim of the holo with an eraser which reveals the private key. I imagine heat of some sort could likely raise the holo up enough to make it look like the keys had always been safe and snug. Not to mention they’ve got complaints on every single outlet their on like crazy stating the coins they put on them were taken or unredeemable.



Their mission today they say is solely focused on cold storage coins. But a few hours ago posted about their hearts and tales company being in Singapore working on sales deals for their Roman Booteen Banksy coin



Scammers calling out scammers to finish it off.  



“New branding to reflect our modern identity”…Xfinity is still shitfy scamming Comcast, VOYA is still ING, common tactic to fool people.  

Oh yeah, you've had an itch about these guys for a long time. I remember when I got one as a novelty for my dad  years ago and you schooled me on the fishy smell that ranks from these guys! Its pretty wild that despite your best efforts to inform JM bullion of this fishiness they continue doing business as usual, won't that be a fun day for JM when they get all these headlines saying "Big Bullion biz now into crypto scamz" LOL. I wish they would partner with some folks much more legitimate that can keep up with new demand and new releases. Guys like Polymerbit for novelty notes & Alpencoin. What a swiss duo that would be!

Thanks to Unciphered & partners  …



https://youtu.be/a1Vw0mDY64I?si=pXu4dsl5rrhl2X-6

“ TAMPER-RESISTANT HOLOGRAM
Discover one of the most tamper-deterring cold storage hardware wallets on the planet. Each of our coins has a random destructive pattern that ensures foul play is quickly recognized. The secret behind it all? The KURZ Trustseal hologram - German engineering that uses 12 of the world’s best security protocols including 25-micron Nanotext. If there’s tampering, you’ll easily know it”.  lol

JM Bullion (whose been made aware of what’s going on),Amazon, and Walmart all offer these coins online. Hopefully others will reach out to these massive vendors to encourage them to act.

New video they released shows what looks like a fake scan of the QR code at 2:32 https://youtu.be/iYB-18U-gxY?feature=shared .. Not to mention promoting unsecure sweeping of private keys.

And another new website and registration - https://patriotcoins.com/roman-booteen/   a d’Anconia Copper LLC company 11625 Custer Road #110-301 Frisco, Texas 75035,



 Despite still having this one up still - which they are trying to sell - https://booteencoins.com/ (a whole other mess, apparently “waiting to go back to Singapore to be able to finish their booteen coins).  Side note - they claimed to be Romans exclusive replica maker at first, I asked Roman if that was true, and he stated he only sells his coins to one buyer and the buyer can do what they please, they are the sole approved replica maker of that specific coin.. The Roman trap coin went from being theirs to sell, to they lost out on the top bid but made a deal with the buyer to replicate some of them, to now stating on the booteen page that Roman gave them permission to make trap coin replicas, which he doesn’t do unless you buy it.


Their story - https://patriotcoins.com/about/ . Playing victim card, leaving out major details where they explain they needed some “fresh air” so went to Asia to find it, settling in on Thailand and Singapore. They claim to be back in Texas now (which coincidentally coincides with Singapores new extradition agreement with the US).  They state they “aren’t hero’s” and have paid off some of their debts, and that if they still owe you anything, to contact them, so they can try and make it right. As you can see above people try and don’t get response.

What’s clear is they just keep making new sites, new registered company’s, sell some stuff and ship and some they don’t, and move on to the next country , website, etc, leaving many high and dry.

Also clear to me now is they use JM Bullion as a way to sell stuff while being able to avoid having any stock on their websites so they can claim “it’s in progress” , and just keep dodging with new sites, 3rd party sellers (they offer affiliate programs (but make you join their facebook page to discuss it).  

I messaged JM about this last August, they said “we aren’t clear what you’re asking. I messaged them again yesterday, very curious to see what they say.


Note - I don’t have any sort of personal agenda here . As with many shady coin makers,  I share/expose what I see that is wrong. I can’t let shit slide when I know it’s going to screw people over.  If I don’t keep up with this, they’ll keep doing what they do with less pressure , and likely no one else expose their scams.

Randomly came across a company on insta trying to say they created the MJB coin design and that they have it trademarked..so I thought I’d check in on someone else who stole the design and claims they created it…

Every single website I’ve listed here that this company has used has now been shut down. They seem to currently be operating one main site atm. https://silverstatues.com .  Their TOS is insane. It essentially was made to try and take away any liability of any sort for any reason ..because you know, legit companies always do this (sarcasm). https://silverstatues.com/policies/terms-of-service


Their posts are littered with compliments of never receiving coins paid for… here’s a link to one of the worst one - https://www.instagram.com/p/CK2Hcbvn6E2/?igshid=OTRmMjhlYjM=

Since it will surely be taken down, some examples..





Someone asking where to find a coin they have listed on their insta as for sale ..would you believe the page they directed the customer to , has been taken down , shocking for sure ..



I guess they think if they say this enough they will even believe it, but so they don’t forget ..

Not that it matter much but the 2x1 star reviews posted tell more about the users than the product in my eyes.

The amazon reviews for this product are even worse.




These coins are a trap

Is Daniel connected? I didnt see where KeepSafes was mentioned. I ask because I currently have some Keepsafes and wonder if I sould sweep them. 

I don't see where you mentioned it above - but here is the guy supposedly at the head of Krypto Keepsafes

https://www.facebook.com/daniel.hockin.1

and the paypal account associated with the website for krypto keefsafes is tied to the same name "Daniel Hockin"


not sure if this proves/disproves any association with cold storage coins.

Nice forensics -- Thank you!

I have 2 anacs slabbed cold storage coins - if I recall, I got them from rxalts  - the funding has been on there since May 2020. Not sure if they were DIY coins or if they were bought funded.

Good hunting Sherlock TY!! We need more people like you to expose scumbags! Thankyou!

Came across this company which very much reminds me of cold storage coins - https://kryptokeepsafes.com/

Seems they are based out of Australia (ColdStorage has a hub there) but besides that it looks like everything about them and their website is hidden/private. There is no info about the team at all. I first found them on instagram where they made their first post on Oct 4th. They already have 12.3k followers (and have had around that many since the start). These are clearly bought/fake followers, which scammy/dishonest profiles buy and implement all the time. Just look at the followers pages, all have about 7-8 generic posts.. ie fake profiles. I couldn’t seem to find a straight connection between the two companies, but my intuition tells me they likely are another sub company. That means a hill of beans of course..

It led me to digging around for connections between the two and I came across some info I’m embarrassed I hadn’t before.

First their apple app reviews







Then I started searching around for Rearden Metals info. They are the parent company of ColdStorageCoins and a handful or more of other separate but completely related companies (as I’ve stated above in my original post).

Some very interesting info about Rob Gray the owner and owner of several defunct businesses and scam claims from former business partners (Liberty Dollar being one)-




In depth Details of the issues with Liberty - http://dont-tread-on.me/?p=29291

Another detailed write up about Rob- http://www.gatheringspot.net/topic/moneynew-paradigm-finances/free-lakota-bank-good-idea-dont-trust-them

An altcoin issue spoken about here on btalk involving Rob and his former “bank”-  https://bitcointalk.org/index.php?topic=494105.2300



There’s A LOT more stuff that can be found via a simple google search. The theme is Rob constantly making all these sub companies to escape past defunct businesses , fraud, and corruption. This is why he fled to Singapore and runs everything from there now.

I knew something was up, now here’s a lot more proof that you should not trust these coins. Everything about them is shady, clearly.  

OpenCurrency thread - another one of their many websites, this time talking about the Lakota Bank (which was never actually licensed and is another defunct project with plenty of issues) and how it was going to offer a better alternative to bitcoin. Funny thing is Rob has stated his disdain for bitcoin over the years and since all of his other business bankrupted/went out business etc he’s now on to bitcoin & cryptocurrency storage coins. Note how many complaints in this thread from those who were left empty handed after placing orders with the Mulligan Mint and whatever else. http://opencurrency.com/moving-on-from-mulligan-mint/

Edit: my apologies to MJB Monitary Metals/Mick. ColdStorageCoins told me they designed the famous MJB Bitcoin coin, but in fact they just took the design from them and have been profiting off it ever since as seen in this thread from btalk where Liberty & MJB talk about Rob/AOC/Mulligan Mint etc - https://bitcointalk.org/index.php?topic=23256.240

I had BTC (small amounts) on two of these coins. I swept them last month after this discussion was started and tossed the coins. Definite stay away for me.

Steeley