Topic: Find Trendon Shavers in person thread... [BTCST, BTS&T, pirateat40] - page 12. (Read 81238 times)

It started on the forum, though it probably originally started on an IRC channel, where Pirate established a reputation as a currency exchanger. Others in IRC who worked with Pirate gave him a lot of benefit-of-the-doubt because of his large volume of activities there without any sign of being a scammer.

He was basically just looking for loans on the forum when he posted. He'd claim to have a limited amount of availability, like someone responsible, but I don't think he ever actually ran into those "limits" with anyone.

@ "Why don't you think this will turn into an actual case?" - Because the SEC hasn't really given me any confidence with their post and complaint. They haven't verified his location, and it'd be totally unreasonable for Pirate to stay in the same place given he knew he'd been formally reported for tens of millions in fraud a year ago. When a USG LEO bureaucracy focuses on snagging someone, they generally don't give the guy advance warning. They come in unannounced, serve you an indictment, and detain. There's no indication of that happening. Ofc, this is a civil case, not a criminal case (for whatever reason...). Different play-set.

Right now, there's no information suggesting Pirate's in custody, over a year after he defrauded people out of tens of millions worth of USD. That doesn't inspire any confidence at all in the SEC's prosecution.

This is somewhat clarifying. The rumors made it seem the way you put sarcastically.

Why don't you think this will turn into an actual case? What do you mean by "of course not," which implies that this is extremely unlikely?

So this alleged ponzi was devised on his own (or the group's own) website? It wasn't done on this forum, or on an established security exchange, it was its own site dedicated to one security?

We don't know if there's any "demise." IIRC, "Trendon's" name and address were used around the Internet for domain registration, which had a few connections to other people and physical addresses. IIRC (again -- remember this "happened" a year ago, and people were trying to fully dox him while he was operating), he gave a name for his designer who was previously tied to domain registrations, giving credibility to the possibility that the Trendon Shavers people discovered was Pirate. He did physically meet up with major lenders at one point, and while he did give quite a few specifics about his alleged operation then to those people, he was still very evasive. We'd have a totally different situation here if someone at the physical meetup was ballsy enough to demand Pirate present ID, which Pirate may not have faked. (OTOH, if he did have a fake one, this'd be even more of a clusterfuck)

There are definitely people other than Pirate involved with GPUMax and his lending program. At one point, he told me "I have a group of coders that had it built, I have spent a lot of time on gpumax and didnt have the time to build it so I hired it out." It's concerning none of them have publicly come out, and the SEC's made no indication of even knowing them -- it's possible they never existed. If they didn't exist, I think it highly probable that "Trendon Shavers" is not Pirate.

Is pirate's physical involvement with others the cause of his demise? How was he doxed so easily?

Which is why your suparefficient cooking stove is distributed all over your habitat in little cubic millimeter bits. Much more efficient than a cubic meter central stove in a central location called the kitchen. Also that's why "central heating" is not heard of but "distributed heating" is a thing.

Well done, a Bitcoin expert is you. Try and get a central nervous system sometime. I hear they have real cheap ones in Mathematics. Or Engineering.

Not that I had seen - thanks!

Hmm did someone post this already?
http://www.sec.gov/litigation/complaints/2013/comp-pr2013-132.pdf

Oh, please. That address is posted all over (they didn't even give the full address). Name, too. There's no indictment. As of now, this is a non-story. It's just the SEC giving an official response along the lines of what numerous official reports against Pirate have claimed.

Maybe it'll change - but as of now, there's no reason to have a higher rate of suspicion that anything significant'll happen over what was suspected a year ago.

Pirate met physically in-person with many different people who've come forward. They came forward a year ago. The SEC's failure to actually DO anything other than make an online blog post after a whole freakin' year is more reason than ever to suspect there will be no action by the SEC to actually prosecute Pirate. For all we know, he's in Venezuela huffing gasoline and telling locals he's the son of God.

ETA: Compare this to the Michael Brown case. His house was raided, with his wife and he handcuffed to their bed while the secret service was rather rudely kicking down his doors, seizing any storage hardware, and otherwise ruining his life. He's been indicted and in court for batshit-insane charges of blackmailing Mitt Romney for Bitcoins. Pirate, OTOH, is a known scammer of tens of millions, and so far has an SEC complaint filed against "his entity."

ETA2: I'll also say, as someone who filed a formal complaint against Pirate, that the SEC never even bothered to reply back to me.

ETA3: Maybe I'm being too harsh. I'll henceforth reserve judgment about the SEC's actions until more information comes up. I'm very bitter about a friend being raided and indicted by the USG for something completely fucking ridiculous while a blatant criminal is not even officially complained about until a year after it was proven a scam, while many scammers who've cheated me out of tens of thousands USD remain at-large, and the SEC didn't even fucking bother to contact me about Pirate..... ..... ........ Holding my tongue, now.

Do they normally provide you with the address? No.

Answers your post.

I'm seeking a blowjob and a pizza. So fucking what? 

SEC hasn't given any indication they even know where Pirate is. (outside of him residing in TX at some point)

No, I am not a friend or whatever to Trendon, rather the opposite. I made my "assumptions" by reading this thread here.

And yes, it does not say he is facing jail time or whatever, but Kluge, you forgot an important part  :

Of course not. People see an official statement from a government saying about all of jack-shit and think Pirate's behind bars for life.

Waddyagonnado?

SEC: We officially agree with tens of official reports claiming Pirate defrauded investors. He probably lived in Texas. Don't invest in ponzi schemes.
Forum: BREAKING - Pirate captured, facing life in prison. Do you guys think it was good that the USG has imprisoned Pirate?

How do you know nothing like that happened then? Are you pirate or a close friend?

Sebastian Ju brought up some legit points here though I also get to some extent the position of wachtwoord.

Nevertheless, I seriously doubt that even if we had no government and just the law of the stronger, anyone here would have beaten that pirate´s a**! We are way too lazy nowadays. It is not like we did not have any possibility to face a Trendon Shavers on the street and confront him. Nothing like that happened...

Your first sentence is the mistake. Centralization always leads to less efficient systems everywhere (not just socially but also in engineering and in mathematics).

Sure, i can imagine this. Cops that serve the rich. Logical, they are pay them. Road Workers will be paid from who? Who will give the money? And why does anybody give and not think that others will pay it and i can save it?
And your "right system". Who will pay it? Who decide whats right and whats not? Again the rich will rule.
You whole world would be an even more perverse company ruled country like it is now. Even now those lobbyists enforce laws to forbid labelling gmo-free, enforce fracking and other things that clearly harm the environment and peoples land. Even now the money is stronger. And you really await that a world where the people not even have the government anymore, that has the real power and could put the peoples will into a law, would be better? I really dont see how you can believe that.


Centralization isnt bad. Its bad when its a hierarchical strukture where the top rules over the bottom. The right way would be a base that rules the top and the top represents the whole influx of will from the bottom. Thats democracy.

And yes, i think much power in governments is done by lobbyists and money. But when turning it into a real democracy this could be changed.

Again... i dont see how one can think that taking away government will lead to a better world. Even now its pretty simple for lobbyists and money to rule a country because of sick bastards in government that dont serve their country but their own good. And that is easy in a status of pseudo-democracy, where the people chose their representants. That means the will of the people is worth at least a bit. Take this away all that will rule is the money.

It will be distributed. The huge flaw is the whole centralization in the first place. Decentralized systems which evolve and are not planned in advance by humans are superior.

Also I wouldn't consider the government to be the gathering point for the will of the people. I consider it the smoke and mirrors of those with power who would lose that (partly) when the market was more free.

All the other questions are answered by entrepeneurs. If there is a need something will develop.

you have little imagination if you cannot envision a world without a government babysitting it. each function it serves can be replaced with free market options. cops would be paid according to how well they protect people, road workers how well they maintain the roads etc etc. also instead of the lengthy judicial system i would suppose another system: a system whereby whomever is harmed or taken advantage of is made whole by the forced labor of the person who committed the crime.

Yes, progress. But only the state is the gathering point for the will of the people. How will you replace this? And if you think that people will behave fine only because government is away then please check out what happens when police/government doesnt go in certain areas anymore because they risk their life in there. Other laws apply there and you wont live under then. Even communities of moral people tend to break at some point because one or another thinks he has rights to take for the loss of others. Its simply not the case that all people are so high developed that they can function without a "brain" for the whole organism.