Hello Cryptodevil, it's a pleasure! This is Niall...
In regards to the claims of fraudulent misrepresentations from that company, all I can say at this stage is that according to lawyers this is a very complex case and at the time of publication of the last article, it couldn't be "legally branded a scam or fraud." This isn't to say that as more deep investigations are carried out & revelations discovered & connections made it won't turn out to be or hasn't already.
I appreciate what you are doing here, but ask for your patience as there are professional people looking into all of this who are more qualified than me & until they can "legally brand it a scam or fraud" no matter what my personal view I will wait for formal clarification from them before publicly stating so in an article.
I myself have invested 1 btc in this crowd sale, have never received a cent from that company for anything and will be updating things with more in depth details in the next article than in the first.
Keep up the good work!
Niall - I am glad that you are reporting on the matter but there is a lot that you were privy to and are in a much better position to know about, and I hope you write about that in the future.
I am a lawyer but that really means nothing here. What is a lawyer going to do for you except give cover to CT because it can't be "legally branded a scam"? Oh well, we tried boys...but the lawyers don't agree! Come on. We all know that a lawyer sizes up a case and then proceeds with a lawsuit based on allegations. The case may then go to court where trier of fact (judge/jury) looks at the evidence and then makes a judgment: yes or no as to whether it's a scam. I used to prosecute consumer fraud cases.
Despite my knowing better, and my attempts to research the hell out of this company before investing, to include listening to that bullshit interview from long ago, I invested. I know the risks in crypto and while I put down more than 1 BTC, I can afford to lose it. I'm a big boy. But to say you need professionals to weigh in after all the evidence of pure misrepresentation is really ridiculous. What is needed is for UK authorities to put this mother fucker in jail. He stole, plain and simple. I and some others filed a complaint with actionfraud and encourage you to see if they will share what they are doing.
Again, focus on the representations. Start with the timeline of deliverables that the DeOS platform would have enabled by now. Nothing has happened as represented. Look at how he changed the contribution levels during the sale. Early on he promised a list of things, a white paper included. Nothing. Look at how far past the date the crowdsale went so he could squeeze more BTC out of people. What are the charities how got involved? The whole thing with Mailik. The company PR's Razormind stole from legit companies and represented as it's own (not legally branded a scam?). As noted above, he put his email on auto response. No one can log into the fucking platform because of this stupid KYC bs. Who does that? And why is it needed here? It isn't. Look at any other platform that uses KYC (for financial reasons), and you can still set up an account with those platforms. There is no platform, that's the reason for yet another of Jawad and Co's Kafkaesque BS.
All you need are misrepresentations to brand it a scam. That is the way you should be looking at this. As an investor you should know that you got nothing of what was represented for your 1 BTC. All you got was 1000 DeOS Omni tokens which do nothing on the non-existent DEOS platform. Congratulations, you were scammed just like many of us!
In the future I hope you can learn from this experience in other stories you report on. It's easy for me to judge with 20/20 after knowing all the facts now, but since he represented that the DEOS platform was all complete at the time first reported, it would have been good if you asked to see it. Also, I'm left wondering if Cointelegraph received payment from Razormind for publishing the stories, such as one would do for press releases.
