Topic: Nefario - page 11. (Read 198711 times)

You forgot Nefario.   

He said he couldn't find it.

Here's a partial list:

theymos
me

Find it yourself.

The problem is that you don't have a point.

Please, just make a concrete statement and give the evidence that proves the statement conclusively and concisely.

If I remember well there is a list with all the GLBSE associates and their forum handle. I can't find it. Can somebody please point me to it?

Thanks.

Its strange... he went through the world to promote bitcoin, is using different addresses but no one knows more than a public phone number of him. So where he lives? London, Ireland, China? Searching without even knowing that is probably pointless.

At least he is communicating again, last time on 25th. Thats giving a bit hope.

No I'm not trying to stir up speculation. But look at the facts here...

1) A guy we only know as 'Nefario' starts a Bitcoin securities market -- but during a big presentation in late 2012 doesn't know what 'arbitrage' means, and has referred to stock shares as 'equity steak' in private messages.

2) In Sep 2012, Nefario gives this talk, and it seems like things at GLBSE are going great.  When an audience member asks a question regarding legality, he casually dismisses the problem, and indicates he hasn't even bothered consulting a lawyer.  He acts completely arrogant yet clueless.

3) Weeks later, 'Nefario' shuts down the exchange without any explanation.  He refuses to release the shareholder database for over a month, there is evidence he ignored shareholder bylaws in shutting the whole thing down, and it comes out that the "Treasurer" of the organization only holds about 10% of the user funds.  The rest of the funds are under 'Nefario's' Direct control.

4) Even during the payout phase, which has taken way too long, there are screw-ups, double payments, etc.

5) The Treasurer claims that not only did Nefario violate shareholder bylaws repeatedly, and indicates he wouldn't listen to their votes, but the Treasurer also claims that Nefario was using user funds for personal purposes (hiring a lawyer, etc)

6) Nefario was involved in these forums, registering domain names as early as Dec 2010.  This is around the time Satoshi registered on Bitcoin talk.  This means Nefario was a REALLY early adopter  (yet can't spell 'equity stake'?) .  It's interesting yet strange.

7) Nefario is connected via these domain registrations (some of which are businesses which have absolutely nothing to do with Bitcoins).  The addresses he is connected to include one in Ireland, possibly one in China, and at least two in the UK.

The guy is so broke at one point that he has to borrow 400 pounds off Bitcoin-OTC (against some of his bitcoins) to pay for some basic necessities in his life.

9) So he's completely broke at one point recently, but he has lived in Ireland, China, and multiple places in the UK.   Which is it?  

How much was he paying himself out of GLBSE?  Where are the financial records?  Where did the money go?  Why was the exchange shut down?  Was he visited by the authorities?  If so, whom?  What did they say?  Are any clients at legal risk?  Are any shareholders at legal risk ?  Who holds copies of the database?  What have his lawyers said (if he has consulted with any)?

This whole thing stinks.

Here's my point:

These facts look pretty shady.

You can register a domain name with a fake name.  It's easy, and anyone that has registered domains knows that you can either enable Domain Privacy (so it doesn't show your address) , or you can use a completely fake name entirely.   There is no reason that these WHOIS queries should be listed under his real name, unless he gave that name when registering.

If there are business records showing his name is identical to the WHOIS registration, then that adds to the evidence that it's his real name.  I have not seen those records.

I don't think it's unreasonable considering the circumstances to ask if this is the guys real name.   There is no evidence to suggest that Nefario has an alias, but also I don't consider a WHOIS query to be proof of someone's name -- especially when we are talking about a guy with poor judgement at best, and a scammer or narc at worst.

I think what happened is as follows:

Nefario is a decent developer, but doesn't know anything about finance and foolishly ignores the laws regarding the exchange of securities.  At one point, probably in late September or October 2012, he consults a lawyer or gets a visit from the authorities, and so gets spooked.  He either unilaterally decides to shut everything down to avoid jail time / liability, or has been visited by the authorities who have threatened him.  He ignores all the shareholder bylaws and does whatever he wants.

If it was the authorities, he has NOT told the public the details (even though this would be his moral obligation in either case).  So the guy is obviously foolish and completely untrustworthy.  The silence (he hasn't been on the forums in awhile now) and the lack of transparency are the proof that something is up.

If you can prove to me his real name is James (with evidence besides a WHOIS query)  , then I'll believe it.  But otherwise, considering the other lies, half-truths, and complete lack of transparency here, I don't think it would be prudent to assume we know his real name based on a domain registration, since these are easy to fake.

And if I was a shareholder or a business at GLBSE, I'd demand Nefario come on here and explain the whole truth to the public -- tell us exactly what the hell happened.  That is his obligation, but he won't do that , because his prime directive is to protect his own ass above all else .

 And that is a fact regardless of whatever his real name is.

The reason Nefario shut glbse down is because he did stupid things like register the domain and other things using his credit card. It means he is the only person connected with the company as no one else signed anything. You can call him a scammer but he faced jail for allowing people to issue illegal securities.

tl;dr dont buy the domains or try to register an illegal securities market using credit cards.

If Bitcoin Global was registered business and he is listed there that has to be his real name, well I suppose the Brits could do it differently there and not require government issued ID to get your business registered but I doubt it.

Why is nefario connected with all these other businesses?  Do we even know his real name?   This is starting to look really shady.  Do we even know his name is actually James McCarthy?

This is from the litecoinforums...

Nefario registered bitcoinglobal.com back in late December 2010 !

bitcoinglobal.com

   Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
   Domain Name: BITCOINGLOBAL.COM
      Created on: 28-Dec-10
      Expires on: 28-Dec-12
      Last Updated on: 08-Jan-12

   Registrant:
   James McCarthy
   Whiterock Cottage
   Hacketstown, Carlow C01
   Ireland

   Administrative Contact:
      McCarthy, James  [email protected]
      Whiterock Cottage
      Hacketstown, Carlow C01
      Ireland
      +353.0863702317

http://blog.glbse.com/more-lists-coming-out-tomorrow

Besides, they are different problems. The server side would be relieved of the requests, especially bot traffic, and would respond faster. Actually it could have made GLBSE faster, though that's only because it was ridiculously slow.

Agreed Big Time

not necessarily, once the onion circuit is in place the traffic is not that much slower.

Heh, it was taking 10-20 seconds to load pages on clear Internet (and often 5 seconds to process an API call).  Imagine how painful it would have been to use over Tor.

Nefario was all about anonymity in the early days of GLBSE. For some reason that changed and he became a glory hound and put his face out there.

It should have always been a  tor service imo this situation wouldnt have occurred.

They already said they don't know.  They are even more incompetent than their users.

Can somebody please share Nefario personal data? I'm sure that his associates know his personal details.

Thanks.

Actually, there's three, but I don't think that's what you're in reference to. I buy the bags of candy and stand back watching her fill them up, for that's what I'm into.