Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 706. (Read 3377922 times)

BitJohn,

I appreciate your attempting to answer questions here.  So here are the questions that matter most IMHO from an ethics perspective:

As of today, how many XPY does Cryptsy or Project Investors LLC, or any of its or their respective officers, directors or shareholders/members hold (excluding only coins held for unaffiliated customers of Cryptsy)?  How were those XPY acquired, when and (if not acquired on an open exchanged) from whom?

What entity gave/sold the PC to Cryptsy?  Are there any "strings" (terms, conditions, contract, expectations, or requirements) relating to the "gift"? 

Does Cryptsy, Project Investors LLC, or any of its or their respective officers, directors, or shareholders have any existing business or personal relationship with H.J. Garza, GAW, Stuart Fraser, or Cantor Fitzgerald?

Subject:    Re: Cryptsy CFTC Complaint
Date:    Wed, 7 Jan 2015 04:45:12 -0500
From:    'Paul Vernon' via josh <[email protected]>
Reply-To:    Paul Vernon <[email protected]>
To:    Josh Garza <[email protected]>


It's unlikely that ctfc has jurisdiction.  I've been out of town so I haven't had a chance to look at this directly

I'll take a look at this when I get back later today

Paul

Sent from my iPhone

On Jan 7, 2015, at 1:02 AM, Josh Garza <[email protected]> wrote:

> Hey Paul, what are your thoughts here?
>
> ---------- Forwarded message ----------
> From: Jonah Dorman <[email protected]>
> Date: Tuesday, January 6, 2015
> Subject: Cryptsy CFTC Complaint
> To: Josh Garza <[email protected]>, Jonah Dorman <[email protected]>
>
>
> Josh,
>
> To the best of our knowledge there is no possible way the activity noted in Allen's complaint is directly or indirectly related to our exchange system as was laid out in the email responses to Allen.
>
> Please contact Paul directly and inquire as to why his agent stated that you would be personally affected by a CFTC report against cryptsy for manipulating the XPY Market.
>
> --
> Jonah Dorman
> General Manager
> GAW Miners LLC
> O: (860) 222-2631
> C: (727) 386-6825
> ________________
>
>
>
> From: Cryptsy.com [mailto:[email protected]]
> Sent: Tuesday, January 06, 2015 4:36 PM
> To: [email protected]
> Subject: Re: [#172763] XPY Market: Violation of Commodity Trading Regulations (Traders)
>
>  
>
> Hello Allen,
> After some research, I think before you decide to pursue this any further you should talk to your boss Josh.
> He will be in direct line of your fire and what you are pushing will affect him personally.
>
> Sincerely,
>
> Jim  aka: JShock
>
> Customer Service Manager
>
> Cryptsy.com
>
>
>
 .”

Subject:    Re: Violations of USC 7 CFTC Cryptsy
Date:    Mon, 5 Jan 2015 21:32:04 -0500
From:    Josh Garza <[email protected]>
To:    Allen Shinners <[email protected]>



cool, thats everything then on this side


Josh Garza
CEO- GAW Corp

On Mon, Jan 5, 2015 at 9:26 PM, Allen Shinners <[email protected]> wrote:

    That is not a “pump and dump.”  A traditional “pump and dump” occurs when a company overly markets to a specific group of people, belonging to a special classification, while selling the hyped up commodity/security in the marketplaces. In other words, while a company is over-marketing a commodity/security, stating that the value will be “through the roof,” they are simultaneously selling the same commodity in the marketplace. That is how the law defines the majority of “pump and dumps.”  It is not what you are accustomed to in the crypto markets, where an individual places market orders to artificially raise or lower a price, whereby they only benefit. That is a pump and dump, but I believe that it is prosecuted under “painting the screen” or “banging the close.”

    

    D. Allen Shinners

    546 East King Street

    Lancaster, Ohio 43130

    Tel: 740-681-1990

    Fax: 740-681-5662

    email: [email protected]

    

    From: [email protected] [mailto:[email protected]] On Behalf Of Josh Garza
    Sent: Monday, January 05, 2015 9:19 PM

    To: Allen Shinners
    Subject: Re: Violations of USC 7 CFTC Cryptsy

    

    just to be clear.

    

    We do buy from an exchange when someone buys from us. And we sell on an exchange, when they sell.

    

    Every order we make is matched with an order from PayBase


    

    Josh Garza
    CEO- GAW Corp

    

    On Mon, Jan 5, 2015 at 9:13 PM, Allen Shinners <[email protected]> wrote:

    LOL As long as GAW hasn’t been pumping and dumping, “painting the screen” or, any other market activity there that is in violation of USC 7…. I am going to suggest to the CFTC that they subpoena this transaction histories of all the markets for the past year, including that of XPY, obviously. It will be easy for them to isolate the trading accounts and activities for each market. They will also be able to subpoena the records and identities of traders who have violated the law. I am still trying to find the appropriate subsection dealing with “pump and dump.” I am researching the various U.S. cases. Here you might have to think a bit, because pump and dump extends beyond pure trading, it also extends to the pumped value of a commodity or security through over-marketing, while simultaneously selling on the markets. I am reading a transcript between the SEC and CFTC on their definitions of “pump and dump,” to see how it applies in the commodities markets.

    

    D. Allen Shinners

    546 East King Street

    Lancaster, Ohio 43130

    Tel: 740-681-1990

    Fax: 740-681-5662

    email: [email protected]

    

    From: [email protected] [mailto:[email protected]] On Behalf Of Josh Garza
    Sent: Monday, January 05, 2015 8:48 PM
    To: Allen Shinners
    Subject: Re: Violations of USC 7 CFTC Cryptsy

    

    This helps us right?


    

    Josh Garza
    CEO- GAW Corp

    

    On Mon, Jan 5, 2015 at 8:45 PM, Allen Shinners <[email protected]> wrote:

    Fair warning:  I am sending this to Cryptsy. I will be typing a formal letter and sending the same information to the CFTC, along with snapshot proof of Cryptsy XPY sell/buy order books, clearly showing that the exchange is not enforcing CFTC regulations of the exchange of a commodity. If Paul Vernon “is” an acquaintance of yours, you might want to warn him that I am deadly serious about cleaning this activity up on his exchange, now that the CFTC has publicly stated that crypto currencies fall under CFTC regulatory oversight. I will wait to see immediate action being taken on Cryptsy to report the violators to the CFTC. Additionally, I will expect to see a Twitter statement from “Big Vern” that, in light of recent declarations by the CFTC, Cryptsy will be closing violator trading accounts for illegal trading activities, as well as reporting such violators to the CFTC for prosecution. Yes, that will not fit in a tweet, but he can post it in the public eye on Cryptsy’s front end:

    

    On November 17th, 2014, the CFTC announced that “Bitcoin,” a crypto currency, was classified as a commodity, regulated and enforced by the U.S. CFTC. By default, this declaration included all crypto currencies traded on U.S. exchanges in the United States. In the past 7 days, I have monitored and archived evidence that traders have been allowed to manipulate the XPY market by your exchange. These traders have violated, at minimum, three laws that require your exchange to report such violators to the CFTC for prosecution. Moreover, your exchange is liable for the policing of all markets, including XPY, precluding the such actions by registered participants, regardless of the market in which such activities occur. I submit the following:

    

    Traders, and vicariously the exchange, are precluding acceptable price discovery in the XPY market, in violation of the Commodities Exchange Act 7 USC § 9, including Section 6.a.5.c. where traders are entering large orders, on both buy and sell books, influencing market participants to believe that an open sell or buy contract will be executable for the price at which it is listed, in public order books. Breach of this regulation occurs when market participants list such orders and remove them when the market pricing has reached the listed contract order price. Inclusively, traders are committing further violations by engaging in the technique “Painting the screen” (Painting the tape). “Painting the screen” occurs when a trader, or traders, cover the visual order books to preclude price discovery, or to confuse a commodity market, through the entry of minute, noncompetitive trades “laddering” to an unseen contract price (sell/buy), other traders cannot visually identify. Furthermore, in violation of 7 USC § 1 et seq., traders have been identified selling against market price movements (“dumping”) through the aforementioned practice “Painting the screen.” These trades have been registered in successive order in increments of 0.0003 XPY, 0.0001 XPY and currently, at the time of this notice, 0.0005 XPY.

    

    Currently, the CFTC allows registered commodity exchanges to self-police trading activities on their exchanges. However, when exchanges have been notified, by other market participants, that such violations are occurring, and exchanges continue to not enforce CFTC regulations, such exchanges may be subject equally to prosecution and or fines determined by the CFTC, or the Department of Justice, should such violations be submitted for criminal prosecution.

    

   [Suspicious link removed]j.com/articles/cftc-commissioner-says-agency-has-authority-over-bitcoin-price-manipulation-1416265016

    

    

    I am sending this shortly to Cryptsy, if the text box has enough characters. If nothing happens by Friday, it all goes out in the mail to the CFTC. I am also hoping to catch all of those Bitcoiners who thought they could manipulate the market, especially when I am operating in that market. It is not going to happen. Posting it to HT as well, since a lot of those guys sit there taking in information.

    

    Bittrex seems to be attempting to stop such activity, but Cryptsy has turned a blind eye to these illegal activities, for as long as I have been a member there. Time for it all to end.

    

1) It cannot be proven to the satisfaction of bitcointalk or paul revere.

2) Ganza is likely just hanging on to his delusions of grandeur that he will make all of his "promises" come to reality soon™.  He states as much when he spews garbage all over hashtalk. REF "I am a man of my word" "I will honor my promises" etc.

3) Ganza is also likely delusional enough to think he can "get back" all of his precious XPY and Prime Nodes in court.  REF his press release and announcements of an injunction.   https://bitcointalksearch.org/topic/m.11112022

4) If you take away the actual Prime Nodes and pretend they are PNG's you can see how Mr Ganza could be very very worried if anyone found out he doesn't control or own jack anymore. REF: https://bitcointalksearch.org/topic/m.11163748

5) There is rough math out there and more specific math floating around.  The top wallet everyone references is not under Ganzas control as it is dedicated to hashstaker payouts which are also not under ganzas control.  

Rumor is that Mr Ganza has now resorted to threats of physical violence against those who have contractually (by Ganzas signature or written agreement) acquired controlling interest in XPY.  RE: Phillip the snake Vadala, Team XPY (bunch of shills moderating hashtalk), etc.

Would that behavior with the small deposits and shuffling happen if that wallet was the zencloud and paybase main wallet?  

Same with the large transactions, like refilling the hot wallets?

No need to announce the decision, we already know what your decision is and what the poll results will be.

Taking 250,000 XPY from a wallet containing 2,000,000+ and then depositing random small amounts (often like ~1XPY) to Cryptsy?? Over and over and over? That is definitely an effort to obfuscate where the coins came from. Exactly the same as has been done since Dec 12 with coins from the Premine. Maybe these now belong to someone else using the same mixing methods as Homero did, maybe it is being done by the same person who did it for Homero . I don't know. What I do know is that the exact same thing has been done all along, and I see no proof whatsoever that these coins do not belong to Homero. Even if they were supposedly controlled by one of the "Mutineers", what proof is there that they are not acting for Homero to try to make it look like Homero is out of the scam? None.

At this point I feel I have put my best effort forward on the Prime Controller issue, hopefully I answered some questions for you.

We will announce the decision in this thread when it is made.

I appreciate the candid conversation and look forward to the next one. Thanks for your time.

At this point I feel I have put my best effort forward on the Prime Controller issue, hopefully I answered some questions for you.

We will announce the decision in this thread when it is made.

I appreciate the candid conversation and look forward to the next one. Thanks for your time.

You should get on a Q&A call with the Development corp and ask these questions directly.  You could also ask for various forms of acceptable proof and review these "shuffle bots" to see WTF is going on.   You may find hard proof that coins are being "shuffled" and "laundered" or find that the various hot wallet systems interact with each other just like bots would.   I have no idea.

He probably doesn't want the Alphabet Soup to find out about it.

Coinshop? At least he's learning. Trying to keep that one a secret is the only thing he's done since paycoin launched that should maybe work (although he somehow found people stupid enough to buy all his other shit, so who knows).

At this point I feel I have put my best effort forward on the Prime Controller issue, hopefully I answered some questions for you.

We will announce the decision in this thread when it is made.

I appreciate the candid conversation and look forward to the next one. Thanks for your time.

I searched Coinshop and did not find anything. Is this yet another company started by Garza?

Couple questions:  Who exactly owns the #1 richest address? I was under the impression that this address (originally holding 4,600,000XPY) was XPY that was seized (stolen) by the Mutineers. If it is "Not Josh", then why are the same shuffle bots being used to launder coins, and why are coins going through the same addresses that have been visited since the scam began?
https://chainz.cryptoid.info/xpy/address.dws?232492.htm
https://i.imgur.com/nscP1In.jpg

That's interesting. Is there a way to check (verify) that Garza indeed controls less than 100K coins? If true, that would be great. However, it seems strange that Mr Scam-Muggle Fetus-Puncher is still active on HT if he stands to gain almost nothing from future XPY sales.

Please do, BitchJohn. Go suck on Homero's ballsack for a while and report back with "your decision".



Regardless of whether a trader feels motivated to "do the right thing" and pull their coins from Cryptsy, at this point leaving them there is plain stupid. Whenever there is a sign of something wrong with an exchange it is usually followed by a sudden closure (read :HAxxorD!). SOMETHING is definitely wrong with this whole situation, and the Prime Cuntroller gift to Cryptsy is a sign of pure desperation. Cryptsy has obviously been deeply involved in the Paycoin scam right from the beginning and when it goes down Cryptsy probably will too. Anybody with a lick of common sense needs to get their coins out of Cryptsy immediately.

From the Cryptsy Vote thread:

I personally think that the entire concept of an exchange being involved this deeply with an obvious scam is an affront to the entire Crypto Community. Having a "vote" to decide whether they are going to openly and actively take part in the massive fraud scheme known as Paycoin is a fucking insult to anyone with more than one braincell and an ounce of integrity.

The best way to cast a vote against this ridiculous conflict of interest , that may very well also be criminal, would be to remove ALL coins from Cryptsy. Fuck em. There is no shortage of shitcoin exchanges.

Here is where to cast your vote:Click HERE to vote

To show support for decency in the Crypto World, pull ALL coins from Cryptsy.

If you like the people in charge of your coins and your personal financial information to be directly involved in the largest Shitcoin Scam ever (Paycoin XPY), then keep your coins there. Also keep in mind that something is definitely wrong with Cryptsy, and if you decide to keep your coins there it is quite possible you will end up losing them, and when it happens you will be getting exactly what you deserve.

No, Phillip the Snake Vadala took the remainder of Josh's toys and is hiding from the public.  

Of course Ganza is a self proclaimed expert at "oversubscription" which he claims to have "learned" in the broadband industry.   So he could have sold another 150 PC's to this group:




Less than 1 million.  Likely less than 100K.

You see when you give a greedy fuck like Mr scam muggle an account with a limit, not like uncle stu's bank account, he tends to spend it all or overdraft it.  Since he doesn't 350% stakers anymore and doesn't have any control of prime nodes anymore he's now desperately hanging on the notion that he is in control.