Ya know what, stop me if I'm getting out of hand, but here's my scoop after think big pictures. Homero said payouts were partially coming from day trading. Zencloud used to offer a program where if you would just KEEP money in there, you would be paid a % of that in HashPoints. That makes sense now that you think about it right? I used to trade stocks, and the more money you have, even if the market is going against your position, you get more bulletproof as you have more money to take your average price down. This is where things get interesting. Bitcoin goes tits up. Homero, who has been trading Bitcoin to enable payouts, gets absolutely hosed. He has to cancel Hashlet payouts. His mining farm from Bitmain he was buying or renting is absolute garbage now. He liquidates the mining farm. He said on twitter he was selling his "farms" right when the Bitmain Christmas deal went up for 1.9 ph/s and then he deleted his twitter post about it. A company needs money. Selling the farm gave him some breathing room to come up with another plan to save this "business". Insert Paycoin2 scam here. Instead of getting no returns mining 1 satoshi for 24 hours, you can mine this "store credit HashPoints". The only thing HashPoints could be used for is Paycoin2 (code name Hash Coin). Gaw buys some more time, meanwhile probably making back some money he lost in the market by being an idiot. The HashStakers are a great sell to noobs and idiots who think they can buy them and then resell them for more like they did with Hashlets early on. They cost nothing. Uh oh, some looming lawsuits are coming from all the fraud I've been committing lately hyping this paycoin2 shit. Need to liquidate more money to pay for expensive good lawyers who tell me to scrub all the evidence of my stupid mouth off the internet. Meanwhile, GAW has employees that need to be paid. Eric and Joe knew that this was coming down fast and they all knew of the investigation coming. They jump ship. Too bad the captain can't. I'm sure I missed something but that is a pretty good speculation.
All of that is accurate, except for about 95% of it... Shame though, because you were really onto something.
I will say the following, to address your statement at the end. One thing I am comfortably saying publicly, is that
nobody in the company had
all the pieces to the puzzle except the
one who envisioned it all. It's as if that was the intention all along, only share the bare minimum with whom and of what was needed to build it. Even those of us in the "upper echelon" were totally in the dark on many of the "finer details". I am prepared to show any authority who asks, it was immediately upon learning those finer details that moved my hand on resigning. The only regret I carry is how long it took me to see the big picture.
My leaving had nothing to do with rumors of pending investigations as I had already resigned before that was even a topic. I am not a fool, if there is an investigation underway, my leaving doesn't waive my past involvement. I also know that I can confidently answer to anyone who asks that I
always stood by what I felt was right.
Hope you guys are having an awesome week.