Topic: • CRYPTORY • — MAXIMIZE YOUR EARNING POTENTIAL WITH CRYPTORY! - page 3. (Read 24431 times)

That's the bit that's hardest to understand.

When you rent something you're exchanging money for the use of that something. You don't get to take the rent money back.

So you give Cryptory some BTC in exchange for them mining for you. They mine for you, give you the coins they mined, but then you get to take the money back too? So they effectively were mining for you for free.

Why would they do that? Do they even attempt to explain that anywhere?

I have been watching this with interest and have tried to research Cryptory's background with the help of publicly available information.
It may come in useful before/if/when things unravel further.
As I previously said, I have no financial interest in this. What pains me is the way Ponzi schemes have been sanitized as HYIP's, somehow respectable and "all right" (if you get out in time). In the wider context of Bitcoin, this dog eat dog morality just apes the corrupt self serving trough that conventional fiat finance represents. Was that the point?

CRYPTORY so far
It starts with Dublin Cryptorium Ltd. set up  21st Jan 2013, listing Deborah and Brendan Delaney* as Directors. Registered address 3rd Floor, Digital Court, Rainsford Street, Dublin 8.
Its principal activity is categorised as "other entertainment activites", which could be apt depending on your point of view.

Cryptory.com was created on 10th Feb 2013. Registrant Deborah Delaney at the above address.

Cryptory Investment Partners Ltd. was set up on 5th Feb 2014, listing David Tormey and Peter Doyle as directors. Registered address Clonshaugh Business & Technology Park, Cryptory Data Center, Clonshaugh, Dublin 17. This is the address for Cryptory.com Admin.

The Cryptory website tells us on 9th May 2014 "Our company name is changed to Cryptory Investment Partners Limited. Renaming Dublin Cryptorium Limited to Cryptory Investment Partners Limited is part of blahblahblah.."  This did not happen, the two companies still exist separately.
The operation of the business moved to Clonshaugh.

'Cryptory' is claimed to be a registered trademark but is not in the Irish trademark database (despite the Delaney's registering trademarks for clients previously as part of their company services business).

So, two companies, one trading name, two sets of directors. Tormey and Doyle are serial company directors, Doyle runs a company specialising in company formation ($200) and admin for off the shelf Irish companies. There is nothing illegal in this, on the contrary, a lucrative business in Ireland's Wild West world of finance (read about the "Celtic Tiger" boom for a laugh).

*Deborah and Brendan Delaney continue to be linked to Cryptory as CEO and CMO and co-founders.
They are also serial company directors, 4,862 between them and are listed as living in Lucan co. Dublin.
Delaney is a common Irish surname, but there's only one Deborah and Brendan in Lucan. They live and register other businesses at
'Avonlea Demesne',
Lucan.

Demesne is an old feudal land term, but there an "Avonlea" on Leixlip Road, Lucan a pleasant looking detached house with pool and tennis courts.
Brendan Delaney's telephone number is listed, at the golden pages link below. Eire code 00353.


Deborah


Brendan

These are the leading lights in Cryptory, according to their Management team section.
Three things
1) They don't look between 60-64 years old, which is the age of the directors according to company records.
2) I wonder if Deborah and Brendan know that they are Deborah and Brendan, if you see what I mean.
3) No-one else in the 'management team' has any profile whatsoever on Google or other searches.

Re info regarding their "Admin and Data Center", which contains 11-50 or 30 employees depending on source, including teams of analysts, mathematicians, magicians in space suits etc., we have one photograph of an anonymous building and an address
Clonshaugh Business & Technology Park,
Cryptory Data Center,
Clonshaugh, Dublin 17.

The Business Park exists but lists no Cryptory Data Center. It does, however, contain a huge Eircom Data Center which offers all sorts of servers and other stuff I have no idea about, as well as office space. And a business address like so, maybe?
Cryptory,
Data Center,
Clonshaugh Business & Technology Park.

HTH.

Links:
http://www.solocheck.ie/Irish-Company/Dublin-Cryptorium-Limited-522711#report-2
http://www.whois.com/whois/cryptory.com
http://www.solocheck.ie/Irish-Company/Cryptory-Investment-Partners-Limited-539045
http://www.doylecompanylaw.com/about-us
http://www.solocheck.ie/Irish-Director/Delaney/Deborah/3289421982/
http://www.solocheck.ie/Irish-Director/Delaney/Brendan/2734047681/
https://www.google.co.uk/maps/place/Avonlea/@53.3586187,-6.4697167,49m/data=!3m1!1e3!4m2!3m1!1s0x486772386289850d:0xc09b834d2e8db2d5
http://www.goldenpages.ie/delaney-lucan-D16/1/
http://www.datacentermap.com/ireland/dublin/eircom-clonshaugh.html

I also found it looking the same, but luckily I realized in time. They do well with the video, etc ... At first glance they do not look like a scam, can be credible. An initial investment in equipment and then grow with the rent.

His profile on linkedin https://www.linkedin.com/company/dublin-cryptorium-limited surely only be one person behind all this.

I think you can still get lucky because still operating with other payment processors. But obviously you recover the money, someone else lost. I just hope that everyone loses a small part assumable.

You work in a bank and put money in something which openly calls itself a HYIP???

I just don't understand (and I myself work in financial services too).

I mean in the original post but also on their site there are just so so so many red flags. Banks can't match their "plasticity". That made me chuckle.

Simple we found them while we were looking for cloud asic hosting providers to supplement our on site mining capabilities,  and after doing some research through a crypto currency list at work i  found somebody who was already a customer (I work at a bank)  and just had a chat with him about it,  I trusted him and didn't do much of my own home work and signed up because I trusted him and he was a friend that claimed he researched that shit .... I should have researched more. My fault on that end, but  It's that simple,  I had a few btcs to spare so I tried it,  then the folks around me got in and that's it. We trusted their reports and didn't do thorough home work,  everything was fine for months and we did each earn 1.5-2 btc profit so we were like fuck it take profit leave it there and we'll debit it when we have to acquire new hardware in a few months the premise was the initial deposit is ours and we can take it anytime we're just renting hash power   - that back fired amazingly well never again

Maybe   straticus1 could explain this to us

I just don't understand how these ponzis fool anyone. It makes no sense to me at all. I mean they didn't even try to hide it. This was bound to happen.

BTW the first 4 transactions are just me testing....it never arrived, go figure:

6/07/14, 01:32   Withdrawal Funds   0.70000000   Pending
5/07/14, 16:57   Withdrawal Funds   0.25000000   Pending
5/07/14, 14:19   Withdrawal Funds   0.20000000   Pending
5/07/14, 14:16   Withdrawal Funds   0.10000000   Pending
1/07/14, 00:00   Add Funds   4.50000000   Complete

Note the last transactions BOGUS -- I sent myself 4.5 that never arrived, the transaction of me paying myself isnt in the transaction list, yet brad putting it back is.....

it's quite ironic you mention lost keys. 2 days before their meltdown I emailed them and asked them about disaster recovery -- just in the event something like this would happen? Brad Oliver told me not to worry everything safe, they have backups and private keys printed and stored elsewhere, blah blah. I sent myself 1 BTC it came, life was OK, Sunday i went to send myself 4.5  and I didn't notice the message initially (I have really bad eyesight -- visually impaired/near sighted) and when it didnt show up instantly I looked more closely and saw the memo and was like "ohh okay 48 hours not bad" -- but then 48->96 hours->1 week AND NOTHING! So I sent a message asking for my hash power back until it got fixed as in hash power returned but everything else NEVER got fixed. I still till this day have 4 tickets unanswered and I'm pretty certain they blocked me from chat -- I cannot connect from my Mac at home, I have to VPN somewhere and use another machine.

That said on Sunday I asked them if they lost their private keys or WTF was going on -- no clear answer just their standard it'll be fixed soon bullshit and here we are :-/

I signed in cryptory, and worked well. But I was not sure was too good. I started looking and when I saw it advertised in hyip, withdraw all funds.

I think you can not change your payment method and this is already suspect. They still have funds in bitcoins https://blockchain.info/es/address/1FyedPPk923wRfmVphV1CLt3bVLGxHZXpK It occurs to create an account with another payment method and see whether the restriction appears.

I imagine that most of the money will come from sources other than bitcoin. Maybe you can get lucky and they have not yet caught enough people. For example in-india.in takes longer working and they say "Total Deposited $ 41,423,552.51" your 30K is little for them.

If you look here http://www.sqmonitor.com all pages are legally registered .... but they are scams. If you look at the pages you will see that there are many similar, only a little makeup, a new registered company and attract "investors". This should be a very lucrative business.

EDIT:

I created an account with Perfect Money, and works well:

- No maintenance displays
- When I try to add funds to send me payment gateway Perfect Money

I think they only have the problem with bitcoin. They may have lost the keys or have been hacked or have an error.

It's a HYIP. aka worse than gambling. The one who runs the sceme can run away at any time with people's money. There is no real profit generated to pay the investors. There's just a script that shuffles money around.

Not if your a USA resident. I only have BTC to cash out AFAIK?  You also can't change your account "type" once its made -- like shifting from say EgoPay to BTC?  I really hate that EgoPay and these other services arent available in the US, some seem convenient as ever!

Anyways, I wish i got active here months ago and NOT TODAY!!!  As soon as possible, I'm pulling ALL my funds and am just upgrading my environment.

They appear here as paying http://www.sqmonitor.com/?a=search&pfilter=Bitcoin

They also allow payment by other means such as ego pay, etc. .. and we can't know the status of their accounts. Maybe it's just a mistake you and keep a little longer. In this case, I withdraw all bitcoins as possible.

But sooner or later Cryptory close, that's obvious. I searched the brand CRYPTORY, and I do not see that this is a registered trademark.

They pay to appear here http://www.sqmonitor.com/?a=search&pfilter=Bitcoin and if you browse the page, see the section "Latest Scam" all end up on that list. The sqmonitor page warns http://www.sqmonitor.com/?a=faq

I tried to warn in this thread, but the trolls would not stop writing. They are professional scammers. No online payment methods like paypal because they ask for documentation. I do not think that identities are real, I think Ireland is very lax in this regard.

You're lucky.  4 of us have large accounts as we were using it to compliment our hash power on the ground.  We each deposited 20-25% of what we mined, around 30k, and the profits from the fund would be debited at certain thresholds -- that "profit" so to speak was used to fund infrastructure upgrades for our environment on the ground....and well, we see how well that worked out.  I'm just crossing whatever I can cross and hope it gets fixed so we can cash out all of our coins. What REALLY sucks the most is, I was going to use that $ to buy 20-30 S3's (using a network of associates ) to help place the orders due to the bitmain order limit and I was going to add that to my CoinTerra cluster, as well as get a mediocre Scrypt ASIC  but Cryptory fucked that up good for us, ugh we should sue them for missed opportunity, theft, loss of profits, and reputational damage (investors and our clients) -- ohh how I wish they were in the US I would take these irresponsible pricks to the cleaners.

What really makes my blood boil is if these pricks do pay us back, the equipment I needed to acquire is sold out so they did me good? Maybe thats part of the plan, they don't want people getting new gear and leaving their crap cluster!

I don't get the reports because I never joined cryptory. I just got sick of seeing shills spam about it all over the forum so came to check it out.

yeah I know, I've found some strange things in our research.  We actually store an entire local copy of the blockchain and update it all the time (every 15 minutes), there's scripts that do all kinds of analytics on it, etc. Earlier today, when I tried to update my database it wasn't possible Blockchain was giving all kinds of errors, but now it works.

bitmac:bitcoinquery ryan$ .virtual/bin/blockchain-collect collect.conf
2014-07-05T23:33:40.194 bitcoinquery.cli: INFO: Starting at block 308755
2014-07-05T23:33:40.194 bitcoinquery.cli: INFO: Reprocessing last block in database
2014-07-05T23:33:40.195 bitcoinquery.cli: INFO: Processing 663 new blocks

Going to see if any of the say last 1,000 blocks belong to cryptory by reviewing their old weekly reports and tracking down their generation address and coinbase, to see if these assholes mined any blocks this week? Also don't trust blockchains data 100% as I've found discrepancies by comparing blockr.io data <-> blockchain.info data.

Anywho, aside from that I dug up an old cryptory weekly report mail and:

Number of mined block    BlockChain Link
Block #306928 https://blockchain.info/block-index/00000000000000000ca36598e1a5c78159a032b05365e11caa93e84797be06f4
Block #306935 https://blockchain.info/block-index/0000000000000000221f720336069eb8667c0941d31583a3214c126750f03e34
Block #306944 https://blockchain.info/block-index/00000000000000002a42661e62f6d8f809b428671fd3a99340e52e3b276c9d64
Block #306958 https://blockchain.info/block-index/00000000000000004614f8cf7e45602c077de57515b454994e434dda90fb2602
Block #306959 https://blockchain.info/block-index/00000000000000003b45bcf1fd4cb2a4da2647a9a866f8df0e46198038523179
Block #306960 https://blockchain.info/block-index/00000000000000004fac558c52ce284cf047b81d8ba9ba219d011034618715ab
Block #306961 https://blockchain.info/block-index/000000000000000044904d1575e946106c456ee3347b85bcb9ad5792c513873d
Block #306972 https://blockchain.info/block-index/00000000000000003510a6ada5373fa0dcab7b034f97e2703324d8dc20bd151a

WTF - these guys don't even have a private mine? They mine in pools like KnC and some other private ones? MMAAAJJOOORRRRR LYING GOING ON OVER THERE!!! Some of the blocks they claim are theirs are done using other pools generation addresses!  Like KnCMiner relays a bunch of their blocks -- KnC private pool, HHHMMMMMM........ I wonder how much % they get from that given pool size and how much of the pool they make up? or maybe they are just using other peoples blocks and saying thats ours!

Ohh and?
Block #305550   https://blockchain.info/block-index/00000000000000001f81eba7f6c450b13b7c5ef908323e90ad3643faa1d43049 - a host at linode?  It seems highly unlikely they would be running stratum servers or something in the USA when they are across the planet (or are they lying about that too?). Unless that's some unknown pool hosted at linode? Need to dig more into that there...

Finally, These emails appear to be fake as ever - they are making clients believe they mined those blocks and the 100BTC+ is theirs but its likely not, B/c if they mined the blocks they get 100% of the award and a pool whos hash rate is 5k TH hmmmm, right. The week of this block the KnC pool was 2K TH and found 35 blocks. Hmm this is all plausible, it appears they just have some miners -- enough capacity to hop into a big pool and be a big fish and get more rewards, then pass those onto customers and make them think you mined say 100BTC when you didnt b/c your sharing the award with the pools!

Given this discovery I kinda wonder if:

- lots of users pulled out last week and prior.
- they ended up with not enough BTC's to cover paying out existing clients or their own expenses?
- to combat this they purposely broke the debit/deposit system to buy time to reap awards from big pools to build enough buffer to allow cash out?
- now they got a buncha BTC's and they can pay clients back, themselves, whatever?
- they leave it broken b/c they don't want anybody cashing out as it could hurt them, for now....

I never read those weekly reports in great detail until today, speaking of which I bet we don't get one today lol.  Thoughts? 

Yes, there's all kinds of stuff encoded into the blockchain, including some quite unpleasant links to stuff on the dark web.

But none of that is related to the "public note" stuff that blockchain.info shows. The public notes aren't even *in* the blockchain - they are only in blockchain.info's private database.

Ohh -- haha all of our code works with blockchain and a locally hacked up bitcoind processes - so no wonder that works for us,sorry about pasting the wrong text - I'm legally blind and was pretty umm hungover when i wrote that this morning.

Cheers,
-R

P.S.  Arbitrary non-btc related data is stored in the blockchain by encoding hex values into the addresses. Below is an excerpt of one of the transactions storing the Mandela information. In this transaction, tiny amounts of bitcoins are being sent to fake addresses such as 15gHNr4TCKmhHDEG31L2XFNvpnEcnPSQvd. This address is stored in the blockchain as hex 334E656C736F6E2D4D616E64656C612E6A70673F. If you convert those hex bytes to Unicode, you get the string 3Nelson-Mandela.jpg?, representing the image filename. Similarly, the following addresses encode the data for the image. Thus, text, images, and other content can be stored in Bitcoin by using the right fake addresses.

Similarly we found XSS code in the blockchain, images, prayers, and all kinds of weird things. Like Eligius used to encode catholic prayers and shit into the block he mined.... More info here: http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html

I wish you luck. Maybe the Ponzi will run for some time to come and you'll get your payout.

The API description you posted is the payment request API. That's not what causes a transaction to be broadcast.

The 'memo' doesn't end up showing up on blockchain.info unless the transaction is made by a blockchain.info wallet.