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Topic: LEGAL COURSE of ACTION Discussion --- bASIC / BitcoinASIC - page 9. (Read 21287 times)

hero member
Activity: 924
Merit: 506
Poll closed.
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Those owed by bASIC: Are you willing to pursue group legal action to recover property? This would require you provide evidence (a receipt) & contact info. Select member(s) would deliver it to a lawyer. Info would be deleted on request or cancellation.

Absolutely! (Yes!)    37 (49.3%)
Yes, but who are you guys?!    23 (30.7%)
Unsure. I want my stuff back, but I might just call it a loss all the same.    5 (6.7%)
No, I wouldn't trust anyone here anymore.    5 (6.7%)
No way! Tom is going to deliver! I just know it!    5 (6.7%)

Total Voters: 75
hero member
Activity: 924
Merit: 506
Mobius and Bits have joined? Which do I choose?  Huh

No. Mobius never communicated with me on anything. I'm not the one driving this. Just opened the discussion thread. However, if people I've spoken with in PM or by phone want to move on what they have learned from a lawyer, then I can help guide that along by posting how/where to go. And screen some of the people. BTW: It's Friday, let's see if Tom actually does pay refunds today or not. Refer to the thread that it looks like he started March 3rd in the 'Custom Hardware' forum titled 'Friday Refunds'.
newbie
Activity: 26
Merit: 0
Mobius and Bits have joined? Which do I choose?  Huh
legendary
Activity: 1632
Merit: 1010
hi,

if there is any coordinated action from EU citizens against BTCFPGA I will participate on it. Order #1438, $8,589, paid via wire transfer, no refund yet. I ran out of patience.

thanks,
 

any other refund discourse maybe through the bank?
yxt
legendary
Activity: 3528
Merit: 1116
I sent a PN to Mobius a few day ago, but received no reply..
hero member
Activity: 924
Merit: 506
Any updates yet?

Not sure about Mobius. But I should be talking with one of the guys from here tomorrow about a lawyer update. No promises on revealing that here though. I know it's slow. I don't push things. I'm kinda keeping tabs. Also, Mobius never contacted me, maybe he missed my message above or doesn't want to talk group mergers or other options.

I think what will happen from the people I know is there will be a private thread off the forums. Public invite will be posted in this thread. And people wanting to group up will probably be called to verify basic identity (i.e. screening out people without an actual claim). For now, maybe you can just find your receipts and scan them (or screen shot them). And maybe a page with minimal contact info, and save it all into one pdf file, or just zip it. Have that ready for when there comes a time to compile everyone into a nice little army for the lawyers to serve. If there ends up being two or three different groups of people with different lawyers, they will probably require that much anyway.


sr. member
Activity: 339
Merit: 250
dafq is goin on
Any updates yet?
hero member
Activity: 924
Merit: 506
Update: I have spoken to the Atty in NY, he is reviewing the set of paperwork I submitted. He is also aware that several people have PM me with an interest in pursuing legal action. I also mentioned that there are several people from outside the United States. When I get the go ahead from him, I will PM each person with the contact information for the Atty and what he needs from you to move this action forward.

I have not spoken with ||bit. I do not know where they are at.

Mobius. Perhaps, we should communicate. There are at least two potential problems if we pursue separate similar charges. PM me your contact info if you want to discuss those and any other ideas. It might turn out that we endorse working with your lawyer or you can join with the lawyer we have identified. It doesn't matter a lot to me, my loss is not great. I just don't like seeing this bASIC fiasco just get ignored and everyone lose. So, no sense in dividing ourselves this early. Better to work as one, than be divided at any level. This will also be important when it comes to distributing lawyer costs or any other cost(s) that might come up.

||bit
hero member
Activity: 988
Merit: 1000
Update: I have spoken to the Atty in NY, he is reviewing the set of paperwork I submitted. He is also aware that several people have PM me with an interest in pursuing legal action. I also mentioned that there are several people from outside the United States. When I get the go ahead from him, I will PM each person with the contact information for the Atty and what he needs from you to move this action forward.

I have not spoken with ||bit. I do not know where they are at.
yxt
legendary
Activity: 3528
Merit: 1116
@||bit

thx for the info  Smiley
hero member
Activity: 924
Merit: 506
I need a count of people who are ready to take legal action to recover their BTC purchases.
If your ready to take action, PM me, (DO NOT POST in this forum)
I need a count to give to the NY Lawyer I have working on this.

I want to at least let people know that, I've not communicated with Mobius about this. I'm not saying anything bad about Mobius, because I don't know him. But apparently he's taking his own action.

It may turn out that more than two groups of people with lawyers work similar lawsuits against Tom. That might be good, but it also might be bad (for some).

That said. Three of us have discussed by phone how to pursue legal action. One is currently in communication with a lawyer in New York state. We have been waiting for more feedback on this before inviting everyone interested.
yxt
legendary
Activity: 3528
Merit: 1116
hero member
Activity: 988
Merit: 1000
I need a count of people who are ready to take legal action to recover their BTC purchases.
If your ready to take action, PM me, (DO NOT POST in this forum)
I need a count to give to the NY Lawyer I have working on this.
sr. member
Activity: 402
Merit: 250
didn't have time to properly read, but i'm interested.
Purchased using bitcoin, one of the first preorders, just down single BASIC01 worth fortunately
hero member
Activity: 535
Merit: 500
sr. member
Activity: 434
Merit: 250
So...at least you're not getting a divorce with young children to think about.

Been there. Sucked.

Best of luck to you sir.
hero member
Activity: 535
Merit: 500
I am baffled as to why he would run with the coins considering the massive uptick in price?

If he indeed did not convert them to USD, it seems he would easily have funds to pay back everyone and still profit from some basic arbitrage.

I see people want their 20,30,etc. BTC, but he could make a case easily to state he offered the product pricing in "USD" and merely "accepted" bitcoins as a payment option at current conversion rates at time of sale.

This would satisfy any court in the world and it seems he could settle all and still make out.

I don't know if this helps anyone's pain, but I did get a credit card refund and since I'm currently getting a divorce and stuck with my own debts, that refund has made a pretty crappy situation much easier than losing nearly $27,000.

For the record, I initiated my refund last November.

So...at least you're not getting a divorce with young children to think about.

Bets of luck to everyone here, I hope you guys get your money back.
sr. member
Activity: 434
Merit: 250
I also received no email. I noted that status had changed to "address requested" and sent that information on my own initiative. Communication was dreadful and if you didn't check status of your account you could have been excluded from the refund list entirely.
hero member
Activity: 840
Merit: 1000
No email received here either. However, I logged into the account on the website and saw a note there from late January. The note said to respond to the email message with a payment address. But there was no email, and the message in the account didn't include an email address to send a btc payment address to... so, I simply emailed him using the email address Dave said was the best he knew about.

||bit
Same here.  I provided all of my order information and and refund address in a Jan. 12 email, then the status changed to "Payment address Requested" in late January.  I added [email protected] to the 3 emails I was sending the request to and resent it.  I wish there was a way we could confirm we are on the list.
hero member
Activity: 792
Merit: 1000
Bite me
still waiting  Angry
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