https://forum.gethashing.com/t/watchlist-gawminers-paybase-zencloud/67/10630Allen1980sHello Everyone.
This is an unpaid, unsolicited post from me personally.
The Lawsuit:
First, everyone knows who I am and that I am directly involved in building the lawsuit against GAWminers, and all companies thereto belonging to GAW, directly or indirectly. As you also know, I will not rest until most, if not all, of the financial assets of the company(ies) are back in the hands of the customers.
As we also know, and through the email dumps of the past few months, Cantor Fitzgerald, and their Vice Chairman are also potentially implicated in the GAW fraud, and for some time. Whether they realized it was a fraud or not, is completely irrelevant at this juncture.
The Cryptsy Prime Controller:
In the past week, a Prime Controller was sold to Marshall Long and Big Vern (Cryptsy) for one U.S. dollar. I have not spoken to Cryptsy’s executives directly, so I have not received their input, but I have spoken to the other parties involved, resulting from my fit of rage of such a transaction; making no commonsense to me in the least, until a few hours ago.
Since the parties involved do not grasp the methodology of proper PR (Public Relations), and since the recent posts by Horus have incited increased community anger over the transaction, I am going to set this straight for everyone so that we have, what really is defined as, true transparency.
The Transaction:
Matt Eden is the head of the XPY Developers Group. Everyone knows how the coup d’etat was orchestrated at GAW, when Garza was away in Belgium, so I am not going to re-hash that here. It was Matt’s group who sold one of their Prime Controllers to Cryptsy for a dollar.
The reason this happened is straightforward. Marshall Long is the CTO of Cryptsy, as well as connected to Leo of Final Hash. Both entities have a large force of experienced and expert developers, who can be used to “help” fix the issues relating to the messed up Paycoin code. There was nothing nefarious about this. It was done to enlist the help of other enterprises in this crypto.
I know there are more than enough people here and elsewhere, who just want the coin to die, but that is not going to happen. You all just need to live with it. Too many people have been damaged by Garza, and this is probably the only time in the history of crypto where so many entities have come together to try and rectify the damage done to such a large group of crypto consumers.
The Whole Reason We Are Here:
I will state, without reserve, that the Garza/GAW fraud will overshadow that of Mt. Gox, in damaging the crypto community around the world. This has become the crowning cherry atop the sundae for this industry. It is “mostly” for this reason that so many are working behind the scenes to resolve much of the damage done, and this includes many people here on GH, who have been helping me, and others, resolve blockchain and other work being accomplished at present.
Someone Get a Manual on Public Relations... Please!
The posts made by Horus were far from transparent. Deleting previous posts, otherwise known as “Garza-ed,” added to the public presumption something nefarious had occurred. Much of this is due to my opinion that, most crypto enterprises are predominantly run by very geeky folks, who have little appreciation for proper management methods, especially relating to public relations statements (yes, this is my continued jab at this industry). None of the posts should have been made to divert criticism from Cryptsy, the Paycoin Foundation, or any other entities knowingly involved in the transfer. It would have been far simpler to have one person come forward and explain the rationale behind the transaction, and in one unified, mutually agreed upon format.
Although there are many Paycoin enthusiasts who fail to grasp their own situation in this massive fraud, I wanted to bring a sense of clarity to this latest action, and to attest to the “fact” that the entities who have been working on Paycoin have had the damaged consumers’ interest as the number one priority. If anyone, still dealing with Paycoin (owning it or, invested in Stakers), feels that the aforementioned statement is false, you have an uneducated opinion, to which you have a right, but which also is damaging to your own best interests.
Paycoin Entities:
I want to state, for the record, that everyone involved with Paycoin has been financially damaged by the GAW fraud. This also extends to the people who are working on fixing Paycoin. If you believe that their efforts are self-centered, you would be only partially correct, in that these people also have lost a lot of money as well in this fraud. They have every right to work to rectify that condition as much as, or more, than those who continue to denigrate these people in public; alluding to another potential fraud in the works.
Rumours, Rumours, and More Rumours: GAW Possesses NO Pre-mined Coins!
Although I am remiss in keeping track of this particular argument, GAW no longer possesses any pre-mined coins. Six million Paycoins have been under the control of the XPY Development Group since the coup d’etat. They are nestled in most of the Prime Controllers everyone possesses at present. Of those coins, most are actually staked customer coins. These are the coins which were exchanged for Hashpoints. If you are a Paycoin staker or holder, chances are you are the proud owners of pre-mined coins, not GAW. If you want the pre-mine coins destroyed, burn your own holdings (wallets). This was the sparkling diamond from the entire GAW fraud. Paycoin investors were made the owners of the pre-mine. The rest, was invariably used to pay developers and supposed stakeholders in the coin’s development, as well as the payroll of GAW. Yes, a sizable percentage was also sold on the exchanges to fill Josh’s pockets. Otherwise, Josh has no stake in Paycoin presently. He is a nobody in the continued operation of Paycoin, pure and simple. Those still looking to Josh as some important catalyst in the future of Paycoin, you were duped. He has no power or control any longer; just move on.
Cryptsy Has No Potential to Dump:
The blockchain addresses for the Prime Controller and the scraping wallet have already been posted on Talk.Paycoin.com. If you want to know what is going on with the Prime Controller and the proceeds, I suggest everyone just look at both addresses. Again, this could not be easier to watch.
Advice Whether Solicited or Not:
I want to give one piece of advice to everyone. There are many entities involved in this project. It is time for all involved to choose one single, educated speaker who can be counted upon to show true transparency on behalf of all the active parties. This is not presently the condition in the Paycoin environment, and has precipitated much damage to the efforts of so many, to fix so much wanton destruction by GAW.
Finally, I wanted to point to the fact that many have been indirectly aiding Garza and GAW, by causing confusion, and diverting attention from the work at hand, including the lawsuit. Every time some salacious transaction surfaces, without true transparency or clarity, it distracts everyone from the true villain in this whole fiasco: Garza et al. Although entertaining and interesting, much of the recent activities and opinions have been based on many false interpretations. Being somewhat of an outsider/insider, it is easy for me to see why: too many cooks in the kitchen.
Please post this around the other forums, such as BCT and Reddit. People know how to get in touch with me here.
Again, final statement: I am not officially connected to any of the Paycoin entities or Cryptsy. I own NO paycoins. I am charging back my remaining HashStakers I have left, and I suggest everyone do the same.
Allen
P.S. If anyone from Cryptsy would like to call me directly, Matt Eden, Adam Matlack, and Jonah Dorman have my coordinates. Feel free.