Topic: Dogecoin Community Shocked as Bizzare Moolah Drama Takes Final Twist (Read 1828 times)

so forgotten so fast

those darn hackers LOL

This.

I heard jackson tried to right the course more then once, and the kids and fuckin fools started crying and screaming that he was ruining their profits (what they really meant).

Next time, listen to the man.

Bang on. 6 monthsish ago I was in the Dogecoin Slack Group and the chat between the DEVS, mods and Moolah was insane. I raised the concerns that it was extremely unethical and not healthy for a financial service to be A) involved in the moderation of the main community discussion forums, and B) the Dogecoin Group which was a central location for discussion on a lot of the development and community initiatives.  That got me banned from literally everything.  It's been moolahcoin for a long time, the only problem was any comment that wasn't pro moolah was classified FUD.

I think one of the bitcoin news outlets reported this, but it hasn't yet been confirmed by other sources.

The thread linked below says Moolah CEO was 'Arrested in Bristol for questioning'. Is there any truth to this?

https://bitcointalksearch.org/topic/moolah-scam-on-mintpal-reporting-missing-coins-824211

Actually Jackson Palmer raised concerns on Reddit in April - and Moolah and his legion of helpers turned on him and ran Jackson out of his own community. Jackson got legal threats for defamation, death threats and everything. The problem was that some of the mods on that subreddit were working for Moolah.

So the man did try - it's just that the herd didn't want to hear what he was saying.

ETA: Some other devs spotted he was fishy too and moved to protect their coin. Here's a screenshot of interaction between Reddcoin devs and Moolah from July:

moon is the new Doge for certain.


lolz.

@muddafudda
Good point i agree !

the players involved should share the responsibility of the failure and not carry on like they were not responsible in some way.

It is a new Doge.

Doge 2 da moon!

Yes, this has raised a great question in my mind which I posted earlier.

It seems obviously bullshit that this all came to light instantly after the moolah announce. I believe that the doge developer here has a lot to answer for!

RyanGentleCoin coming soon! not a scam, I swear! 

The encouragement of scamming and pump and dump by the community has bought this all on themselves.

Looks like we have a community of princess's that need to take some cement, harden up and realise this is a direct result of their own actions 

Man, so much to keep up on... Every day its like a new episode of American Greed is unfolding here in real-time.

Thanks for the summary Micro Guy!

Over the past 48 hours, the Dogecoin community has been on a roller-coaster ride worthy of an ABC Movie of the Week. But just as the bouncing buggy approached its peak, the author of this thrilling narrative, “Alex Green”, decided it was time to get off the ride.

Moolah is a European currency exchange, founded in January 2014, by an individual calling himself, Alex Green. The company, which focuses primarily on Dogecoin, and claims to have over 75,000 registered users, made an announcement Tuesday that it would be closing its doors due to rising costs and declining revenue.

However, the following day, Green made another post saying the company was in contact with several VC firms and could remain afloat by scaling back its consumer business and focusing exclusively on merchant solutions.

"We’ll be focusing on what we do best, merchant solutions. A simple but solid API for merchants. Easy storefronts for people wishing to sell good and services online. Instant conversion to FIAT with quick and easy payouts in local currency. Retail solutions."

On Wednesday, the same day that Moohla apparently had found a second life, Dogecoin Founder Jackson Palmer, posted a Google document revealing Green’s numerous identities and alleged criminal past. According to the document, Alex Green is actually the internet scammer “Ryan Kennedy”, also known as “Ryan Humble,” and “Ryan Gentle,” among others.

These revelations led to Green’s announcement today that he would be stepping down as Moolah’s CEO. The embattled founder went on to say that his identity was irrelevant.

"I would like to start by saying that in context of the below, my identity is irrelevant. My identity becomes relevant if I break the law, which is something that neither myself nor my employees have done. To be as clear as I can, I could have been born as John Smith, and it wouldn’t matter."

Many people in the Dogecoin community are hoping that Green’s resignation today will bring an end to this ugliest of chapters. Perhaps they might chalk this up as another learning experience and a lesson learned to avoid exchanges in the future that have sketchy characters operating within their management teams.

Full Story: http://altcoinpress.com/2014/10/dogecoin-community-shocked-as-bizzare-moolah-drama-takes-final-twist/