Topic: New Lending Platform BitLend.io (Read 26369 times)
still do not understand, is it scam or not?
Such a shame the name "BitLend" has been tarnished by this shit. Would have been a nice domain to host our web interface.
I found this post from Allen Shinners, CEO of Everything, on the Get Hashing Forum, where Shinners was one of the first & most outspoken to lower the boom on XPY, then suddenly turned traitor & joined the cast of cast-offs over the summer.
Someone suggested to him that running thelawsuit GAWsuit GITsuit and supporting XPY was a conflict of interest, (ya think?)
Here's what he replied, (@Allen1980s), back in July or August: https://forum.gethashing.com/t/xpy-paycoin-discussion/1559/4014
TLDR: No conflict at all! Nothing to do with GAW! (Just Joe Mordica. Adam Matlack,
Matthew K Eden, Jason Sponaugle, Richard Nelson, Eric Kraus, Michael J. Koerner & probably Jonah Dorman, maybe Dan Pease.)
After 3800 posts, the thread comes to a dead halt! Everyone was stunned speechless after that.
LAST COMMENT to Shinners: "Where are all those XPY apps that you said were coming 'soon,' a month ago?"
Then.... nuthin' but tumbleweeds in the forum......
Someone suggested to him that running the
Here's what he replied, (@Allen1980s), back in July or August: https://forum.gethashing.com/t/xpy-paycoin-discussion/1559/4014
TLDR: No conflict at all! Nothing to do with GAW! (Just Joe Mordica. Adam Matlack,
Matthew K Eden, Jason Sponaugle, Richard Nelson, Eric Kraus, Michael J. Koerner & probably Jonah Dorman, maybe Dan Pease.)
After 3800 posts, the thread comes to a dead halt! Everyone was stunned speechless after that.
LAST COMMENT to Shinners: "Where are all those XPY apps that you said were coming 'soon,' a month ago?"
Then.... nuthin' but tumbleweeds in the forum......
So, which person with access to the GAW customer database is pulling the latest scam phishing attempt relating to the GAWsuit? The following list of people involved in Bitlend.io are all possible culprits.
D. Allen Shinners aka Allen1980s
Joe Mordica aka Honest Joe
Adam Matlack aka Huey ; The Disciple Maker ; Josh Garza's BBFL
Matthew K Eden aka MK It now appears that this Paycoin Creep is part of Bitlend.io as well
Jason Sponaugle aka Simdude
Richard Nelson aka CeForce
Eric Kraus aka Kraus3742
Michael J. Koerner aka Korfax Michael claims to be promoting Bitlend.io. for free
What alias's am I missing? Also: Please refresh my memory. What exactly was Matthew K. Eden's part in the GAW/ Paycoin fraud operation? Was he not Jonah Dorman's partner, who then became a contract worker for GAW after the "sale" (seemed more like a merger to me) of Zencloud to GAW? Was he part of the Hashlet tech (fraud) team at that point? What part did he have in Paycoin development?
ALL of these people were/are deeply involved in either the GAW and/or Paycoin schemes in a variety of ways. ALL of them.
Since the pack of really standup guys running Bitlend refuse to answer even the most basic of questions about the Bitlend operation, I have sifted through the various statements made by the admitted principals- some of which have since been removed or edited, to try to ascertain the complete ownership of this completely legitimate and trustworthy lending institution. Please respond and verify that these people are all involved in Bitlend, and also please indicate any others, including paid and unpaid shills and such.
While you are at it, can you please answer the question about the supposed Dubai business incorporation for Bitlend? Is it a UAE/Dubai registered business or not? Why on earth are you refusing to answer even the most basic questions about Bitlend? If the UAE/Dubai registration is legitimate and not a flat out lie, then who are the UAE national(s) who have the 51% minimum ownership of Bitlend that is required for that to be legitimate? Your (dis)information campaign started out by stating that you, Jason Sponaugle, and Dick Nelson were the owners, and then you changed that to "Oh gosh it is actually 6 people and myself", and now this. Please explain EXACTLY who is involved in this operation so that potential investors and customers can make an informed decision about whether they should use the Bitlend.io service.
Quite a pickle you are in here Allen. Can you or any of those involved in Bitlend.io please explain why everything about this operation is actually the opposite of what the facts and common sense say it is? PLEASE.
This question goes out to everyone, but the Bitlend Operation Team in particular, of course: Assuming the Dubai registration is valid, and at this time that is a big if, Bitlend appears to be perhaps barely in compliance with various anti-fraud and anti-predatory lending laws of the United States of America and it's constituent States , skirting regulation of some due to operating with Bitcoin instead of USD, and perhaps also by "registering" (maybe) the Bitlend operation in Dubai. To my knowledge ALL of the principals in Bitlend are United States Citizens who currently reside in the United States. If all of Bitlend's acting principals are residing in and performing the functions of this "company" (no proof of actual legal incorporation has been provided yet) within the United States of America, are they then not required to adhere to US laws?
Another thing occurred to me recently, which I am unsure about. Bitlend appears to be operating in a "legal gray area" due to the loans being made in BTC. (What about WY and NY??) However, the ultimate liability of the borrower and protection for the lender rests in collection agencies. These collection agencies will seek remedy not in BTC, but in United States Dollars. If the ultimate liability of these loans rests in USD, does that make Bitlend subject to the financial, anti-fraud, and anti-predatory lending laws (especially CO's APLLs) that they are trying to skirt? This is a very serious question that needs to be addressed. Bitlend? Are you going to answer? Any legal or financial professional's here on BCT care to give their opinion on this?
Expect this list of valid and basic questions about Bitlend to grow and be asked repeatedly until they are answered. If anyone is aware of any information that I have missed or an incorrect conclusion I have made about the above, please post here with any information you have.
D. Allen Shinners aka Allen1980s
Joe Mordica aka Honest Joe
Adam Matlack aka Huey ; The Disciple Maker ; Josh Garza's BBFL
Matthew K Eden aka MK It now appears that this Paycoin Creep is part of Bitlend.io as well
Jason Sponaugle aka Simdude
Richard Nelson aka CeForce
Eric Kraus aka Kraus3742
Michael J. Koerner aka Korfax Michael claims to be promoting Bitlend.io. for free
What alias's am I missing? Also: Please refresh my memory. What exactly was Matthew K. Eden's part in the GAW/ Paycoin fraud operation? Was he not Jonah Dorman's partner, who then became a contract worker for GAW after the "sale" (seemed more like a merger to me) of Zencloud to GAW? Was he part of the Hashlet tech (fraud) team at that point? What part did he have in Paycoin development?
ALL of these people were/are deeply involved in either the GAW and/or Paycoin schemes in a variety of ways. ALL of them.
Since the pack of really standup guys running Bitlend refuse to answer even the most basic of questions about the Bitlend operation, I have sifted through the various statements made by the admitted principals- some of which have since been removed or edited, to try to ascertain the complete ownership of this completely legitimate and trustworthy lending institution. Please respond and verify that these people are all involved in Bitlend, and also please indicate any others, including paid and unpaid shills and such.
While you are at it, can you please answer the question about the supposed Dubai business incorporation for Bitlend? Is it a UAE/Dubai registered business or not? Why on earth are you refusing to answer even the most basic questions about Bitlend? If the UAE/Dubai registration is legitimate and not a flat out lie, then who are the UAE national(s) who have the 51% minimum ownership of Bitlend that is required for that to be legitimate? Your (dis)information campaign started out by stating that you, Jason Sponaugle, and Dick Nelson were the owners, and then you changed that to "Oh gosh it is actually 6 people and myself", and now this. Please explain EXACTLY who is involved in this operation so that potential investors and customers can make an informed decision about whether they should use the Bitlend.io service.
Quite a pickle you are in here Allen. Can you or any of those involved in Bitlend.io please explain why everything about this operation is actually the opposite of what the facts and common sense say it is? PLEASE.
This question goes out to everyone, but the Bitlend Operation Team in particular, of course: Assuming the Dubai registration is valid, and at this time that is a big if, Bitlend appears to be perhaps barely in compliance with various anti-fraud and anti-predatory lending laws of the United States of America and it's constituent States , skirting regulation of some due to operating with Bitcoin instead of USD, and perhaps also by "registering" (maybe) the Bitlend operation in Dubai. To my knowledge ALL of the principals in Bitlend are United States Citizens who currently reside in the United States. If all of Bitlend's acting principals are residing in and performing the functions of this "company" (no proof of actual legal incorporation has been provided yet) within the United States of America, are they then not required to adhere to US laws?
Another thing occurred to me recently, which I am unsure about. Bitlend appears to be operating in a "legal gray area" due to the loans being made in BTC. (What about WY and NY??) However, the ultimate liability of the borrower and protection for the lender rests in collection agencies. These collection agencies will seek remedy not in BTC, but in United States Dollars. If the ultimate liability of these loans rests in USD, does that make Bitlend subject to the financial, anti-fraud, and anti-predatory lending laws (especially CO's APLLs) that they are trying to skirt? This is a very serious question that needs to be addressed. Bitlend? Are you going to answer? Any legal or financial professional's here on BCT care to give their opinion on this?
Expect this list of valid and basic questions about Bitlend to grow and be asked repeatedly until they are answered. If anyone is aware of any information that I have missed or an incorrect conclusion I have made about the above, please post here with any information you have.
^^^^^^ Adam's Disciple ^^^^^
Hahaha he looks like he's sitting in the naughty corner... or maybe he is?
The Allen I once knew has CLEARLY been abducted by Aliens & his identity stolen by Paycoiners & GAW Rejects who have taken over his persona for their own scammy devices.
There is no other explanation.
Allen used his real pic on google & LinkedIn for YEARS.
This is way strange behavior & NOT Allen in his right mind.
Allen also has the guts to come here & answer simple questions....so where is he??
:moon:
There is no other explanation.
Allen used his real pic on google & LinkedIn for YEARS.
This is way strange behavior & NOT Allen in his right mind.
Allen also has the guts to come here & answer simple questions....so where is he??
:moon:
Its like the movie face off... He now has Josh Garza's face and Josh Garza has Allen's face... so he can scam again!!!!
The Allen I once knew has CLEARLY been abducted by Aliens & his identity stolen by Paycoiners & GAW Rejects who have taken over his persona for their own scammy devices.
There is no other explanation.
Allen used his real pic on google & LinkedIn for YEARS.
This is way strange behavior & NOT Allen in his right mind.
Allen also has the guts to come here & answer simple questions....so where is he??
:moon:
There is no other explanation.
Allen used his real pic on google & LinkedIn for YEARS.
This is way strange behavior & NOT Allen in his right mind.
Allen also has the guts to come here & answer simple questions....so where is he??
:moon:
Wow. 
Great digging on the fake pic used by D. Allen Shinners -click to see archived page. Something looked weird to me about that, but I was just thinking that he was using an old (VERY old?) pic. I would never have thought that Allen was so brazen as to use full scamdog tactics and post a fake pic of himself on what is supposedly his "real" business's site. Mind blown yet again. So: D. Allen Shinners' "legitimate" real world company, Prestige Auditing, consists of some dudes he ladled from the Paycoin chum bucket and a stock (probably copyrighted) pic of some random smiling man. WTF? Has anyone done a background search to see if his financial status is different than that of the big-shot tech entrepreneur he claims to be?
https://www.alumniclass.com/reunion-newsletter-wauseonhighschool-wauseon-oh-spring?issue=9&id=100982&s=5241
Maildir: You are hereby awarded the coveted Gold Plated Tinfoil Hat and are proclaimed winner of the entire interwebz for today!
Great digging on the fake pic used by D. Allen Shinners -click to see archived page. Something looked weird to me about that, but I was just thinking that he was using an old (VERY old?) pic. I would never have thought that Allen was so brazen as to use full scamdog tactics and post a fake pic of himself on what is supposedly his "real" business's site. Mind blown yet again. So: D. Allen Shinners' "legitimate" real world company, Prestige Auditing, consists of some dudes he ladled from the Paycoin chum bucket and a stock (probably copyrighted) pic of some random smiling man. WTF? Has anyone done a background search to see if his financial status is different than that of the big-shot tech entrepreneur he claims to be? https://www.alumniclass.com/reunion-newsletter-wauseonhighschool-wauseon-oh-spring?issue=9&id=100982&s=5241
Maildir: You are hereby awarded the coveted Gold Plated Tinfoil Hat and are proclaimed winner of the entire interwebz for today!
OK. Now you could see that they haven't reply me!
Its a shitty site that looks professional with the same scam smell as last time.
Amazing what you can do with twitter bootstrap and oneui theme from theme forest.
Mordica slapped
- bootstrap (free)
- oneui theme ($24 on theme forest though likely torrented or used from a previous site even if it is 1 site per copy)
- MySQL (free)
- his time (worthless because he's a piece of shit)
- some site hosting and domain name (probably hostgator and a free domain reg)
So for under $100 usd they can try to scam away... honestly if they make $101 they are in profit
that only takes 1 sucker. 
^^^^^^ Adam's Disciple ^^^^^
Now seriously though. If this guy is really middle aged, why does it say this photo was taken last may, yet it looks to be from a 70's era photo album - Is that a pocket protector I see?
Allen? ... Earth to Allen .. ? What say you, sir?
Edit - look at that soda can? Haven't seen one with a rim like that since the early 80's myself.
Only a true ass clown would have a goddamn cartoon on their linkedin profile anyhow. & A "Disciple maker" ? What the fuck is that even, a brain-washer? 
Lulz..... Shinners has taken his pic off his LinkedIn Page and thrown up some tacky clip art.
He claims to be CEO of 3 corporations.
With no face.
If you were him, would you put this up, as it's the only photo google has of this guy who can't even be bothered to post in this here thread about his own scammy appearing business.
^^^^^^ Adam's Disciple ^^^^^
Only a true ass clown would have a goddamn cartoon on their linkedin profile anyhow. & A "Disciple maker" ? What the fuck is that even, a brain-washer?
Lulz..... Shinners has taken his pic off his LinkedIn Page and thrown up some tacky clip art.
He claims to be CEO of 3 corporations.
With no face.
If you were him, would you put this up, as it's the only photo google has of this guy who can't even be bothered to post in this here thread about his own scammy appearing business.
Only a true ass clown would have a goddamn cartoon on their linkedin profile anyhow. & A "Disciple maker" ? What the fuck is that even, a brain-washer?
Lulz..... Shinners has taken his pic off his LinkedIn Page and thrown up some tacky clip art.
He claims to be CEO of 3 corporations.
With no face.
A "Disciple maker" ? What the fuck is that even, a brain-washer?
Well... yes. It is...
Only a true ass clown would have a goddamn cartoon on their linkedin profile anyhow. & A "Disciple maker" ? What the fuck is that even, a brain-washer?
he is involved in, I guess he just hasn't gotten around to updating his Linkedin profile. Still listed as employed by Allen Shinners' other companies (Along with Honest Joe Mordica and half of the other GAW/Paycoin scumbags associated with Bitlend), as well: Prestige Auditing and Picard-Crochet & Associates, Inc. U.S. 
https://www.linkedin.com/pub/adam-matlack/68/532/540
And here we have the explanation of why Allen is so "good" at rationalizing hiring and associating with a bunch of rotten scumbags. He is a "Rationalization Consultant". So he is a professional excuse maker?
https://www.linkedin.com/title/rationalization-consultant
HAHAHAHA "....making disciples FEW AT A TIME...." What, is he killing them off?
Doesn't capitalize his Church name either.
What a sinner.
Nothing says it better than; "HIRE ME TO AUDIT YOUR SENSITIVE AND CONFIDENTIAL TOP-SECRET DOCUMENTS AND INVOICES"; than a picture of not me the owner.
Nice sleuthing, guys!
I call Copyright Violation!
The thing is, Shinners knows this! Duh!
It is still hard for me to let go of the high regard I've long-held for him.
I think the real Allen Shinners was taken captive by the GAWtards a few months ago & Garza & Dorman have taken over spinning his public image....
It's the only logical explanation, IMO.
Allen, if you're reading this, plz answer PR's questions, and save some face.
Either one.
I call Copyright Violation!
The thing is, Shinners knows this! Duh!
It is still hard for me to let go of the high regard I've long-held for him.
I think the real Allen Shinners was taken captive by the GAWtards a few months ago & Garza & Dorman have taken over spinning his public image....
It's the only logical explanation, IMO.
Allen, if you're reading this, plz answer PR's questions, and save some face.
Either one.
You win a big prize for that!
Allen is seriously going full GAWtard!
He IS a middleages aged guy.
Look at his bio.
Look at his LinkedIn page or Google Page.
Different guy.
Won't he have to show up in person for the "GAWSUIT?"
This is stranger-than-Garza.... Wonder what he's hiding.... besides his FACE?
Allen is seriously going full GAWtard!
He IS a middle
Look at his bio.
Look at his LinkedIn page or Google Page.
Different guy.
Won't he have to show up in person for the "GAWSUIT?"
This is stranger-than-Garza.... Wonder what he's hiding.... besides his FACE?
https://plus.google.com/111102983867550471869/posts?pid=6148902005058643426&oid=111102983867550471869
After much digging what do I find, he's smiling man, over here
https://archive.is/HGBqV
on dentistry.entrepreneur.md
https://archive.is/HGBqV
on dentistry.entrepreneur.md
Shit, you should have posted a warning "don't eat while reading for you might choke"
When I saw that pic on the website I thought it has to be a stock photo. What's the point of doing that? If they don't want to post photos they don't have to. We already know what Adam and Joe look like, it doesn't change anything either way.
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