Hi guys, I asked the liquidators to try and post a notice on their own site if they could, rather than just passing the info through.
They have obliged and have sent me the following announcement:
http://www.ewsllp.co.uk/cms/content/view/1071It reads:
Moopay Limited – in Liquidation Update
Moopay was set up in 2014 to operate a cryptocurrency trading platform but it went into liquidation later that year amid a great deal of confusion and speculation about what had happened. The company was wound up by the High Court on the petition of the team that developed the syscoin cryptocurrency.
The Official Receiver, who is an officer of the Court, was initially appointed to look into the company’s affairs but now, Liam Short and Graham Wolloff of this firm have been appointed to take those investigations a step further. Both Liam and Graham have extensive experience of pursuing complex claims in insolvency scenarios and they will be working closely with Selachii LLP Solicitors, in order to achieve and maximise the potential returns to creditors.
As part of that process, we need to identify anyone who is owed money by Moopay and to gather information from them about what took place and when. Those creditors are invited to contact us by email to our colleague, James Saxton at
[email protected] to request the forms necessary to submit their claim and any information that will assist the liquidators in their task.
What will the pay back be? the fiat value for the currency at the time?
Which Fiat? The value which can be proven to have been exchanged at?
Anyways, for everyone else, here's a quick tutorial :
Naked short btcoin 101: when you know it's crashing,(inspired by wallstreet banks, and all those cryptocurrency scams)
- Create a new scheme (exchange, ponzi, dice game/casino, "hedge fund", etc.)
- Gain everyone's trust as a protechnology good intentioned leader. If there are any gaps in your image, make sure to find appropriate scapegoats to take the fall, preferably one with experience getting through these kinds of accusations.
- When the price is right, and you have enough coins, sell them for fiat immediately,
- Blame it on hackers/scapegoats.
- Promise your customers you will do everything it takes to get them back their money
- Close your position by paying back your customers in same quantity of "coins", keeping the difference as profit. Make customers and everyone think you paid out of pocket and went broke.
- profit from the present nonregulation of cryptocurrency until...