Topic: Prypto Scam (Read 1666 times)

It’s unfortunate that there are scumbag humans out there such as Duncan and his partners.  He is obviously well aware of what’s going on and refuses to acknowledge it nor make things right. I am having lunch with a good friend today who is a criminal lawyer and we plan to discuss this case. I will also be spending time the coming weeks finding all of their current projects and alerting people as to whom they are truly dealing with.

Prypto also authored the Bitcoin for Dummies book - https://bitcointalksearch.org/topic/m.56323884

I appreciate your effort to expose and alert others of these pieces of human filth. Shoot me a DM and we can chat further about this if you’d like.

so true one of many scams doing the rounds
Even wrote to Mr Duncan Cameron  However no response as expected.
He has deleted his linkedin profile and as per the info I could find
this is his profile

Duncan Cameron's email
Co-Founder @ Asg Blockchain
https://asg.im/
https://www.facebook.com/ASGBlockchain (last updated 11 march 21)
https://twitter.com/ASGBlockchain
Is it  another scam in the making? Time would tell
 Duncan Cameron's Email

Found 3 emails domains

    @cryptogamingservices.com @pokerstars.com @casinocoin.org
This is what is profile lists
Location    London, London, United Kingdom
Work    Director Technical @ Casinocoin
Co-Founder @ Crypto Gaming Services
Project Consultant
Skills    Online Gaming, Gaming Industry, Online Gambling, Gaming, E-commerce, Project Management, Poker, Mobile Applications, Web Applications, Affiliate Marketing, Marketing, Casino, E-payments, Loyalty Programs, Mobile Games, Live Events, Conversion Optimization, Bingo, Project Fixer, Process Specialist, Casinocoin, Bitcoin Mining, Bitcoin, Blockchain Technology, Affiliate Management

In case anyone bumps into him this how the guy looks like
https://i.ibb.co/Mn1YTV6/duncan.jpg

I would be happy to be proved wrong by a simple step of honouring the encashment of the cards that I hold
Thanks https://bitcointalksearch.org/user/whywefight-289686

I guess you were the only element of truth that helped people in getting their cards worth.
The sad part is that the cards issued never mentioned any expiry date on them

I have tried contacting Duncan and no response from him

This is my experience so far
https://bitcointalksearch.org/topic/m.57049599

I’d recommend reading this thread. Bottom line this was a scam and no cards have any value left on them. Whatever wasn’t redeemed (by a certain date which was not stated on the cards itself, which of course was part of the scam) was kept (stolen) by the makers.

I have 2 doge coin cards that are unused. You anyone help me in redemption?

Sir I need help with 2 Doge coin scratch cards please help

I did what I promised, I can just apologize for the huge delay.

1. I am not a lawyer so I won't comment on anything related to legal implication because I simply can't.
2. Resellers were aware of the Terms and Conditions. I was a reseller, I was aware, my website stated this -> https://web.archive.org/web/20150718062716/http://getprypto.com/faqs-page/
3. Cards were an easy way to give away small amounts of crypto, that was the idea behind it. If people in 2019 think this was "smart" or not is up to your own opinion.
4. The trade with hybridsole was based on a ping on IRC, I can no longer access the history, I have only one PM related to this from March 20, 2016, 09:09:48 PM, means that trade details were negotiated off forums. I am happy to have a trusted member to review my PM's.
5. As I said already: Yes, I did not handle the payouts to MJ and hybridsole in a timely fashion, this is on me. I did put this on my to-do but I forgot about it 3 times. That's not an excuse, I just want to get this clear.
6. I did not initiate the payouts based on the neg rep, which I didn't notice at first. I received a message from MJ via TG on October 26th at 16:47 (GMT+1). This made me realize that I still didn't do what I promised to him and hybridsole. Once I was back home I initiated the payouts my morning time of the 27th.
7. I didn't notice hybridsole's PM's in between as I didn't visit the forum, this is on me.
8. I can not comment on how many cards have been issued or used as I was a reseller.
9. The accusation that I "co-conspired with Duncan" or I am Duncan has no base. And is easy to verify.
10. My neg rep states "Part of Casinocoin pump and dump group, and refuses to honor Prypto scratch off cards". First, please provide proper evidence of the project I work for in public for 2 years is a pump and dump. Second, I did honor (as promised) the face values of the card and I will continue to do so for EVERY CARD I PERSONALLY SOLD. I don't have an issue with the neg rep but I would appreciate it if it would be at least correct, based on facts and with a reference. Otherwise, this is just beating the bush.

If you purchased cards from anyone, you should first contact the seller. If you purchased cards from me, contact me, I will honor the face value. For any other complaint, inquiry or other things please contact Duncan.

I am happy to have my PM's reviewed by a trusted member if I ever made misleading claims.

Based on Yogg's scrape, there were over 30,000 scratch cards that were listed as "Not been Used (Activated)" and about 10,000 were listed as "Used Activated" (meaning they had been redeemed).
It is unclear whether they actually collected funds to load all 30,000 of these "Activated" cards, but right now that's the upper limit for number of cards that were a scam.

 I have not calculated the total amount of money on these cards yet but that's something I can do.

Sounds like this was an exit scam, planned 5 years in advance, with the distributors on the hook.  It's quasi-legal due to the shitty EU protections for consumers, including some shitty protections for USA consumers (outside or Jurisdictions like my own).  Everyone associated with this project should be investigated, IMO.  

For what it's worth: this varies per country. In The Netherlands for instance a gift certificate has a minimum validity of 1 year if there's a start and end date on it. If there's only a start date, the validity is (at least) 5 years, and if there's no date at all, it's valid indefinitely (source in Dutch). The catch is: It's allowed to refer to general conditions on a website for validity.
A judge can rule to end validity of this last category, as recently happened to old stamps (another source in Dutch).

This is the last post I will make on the Prypto matter.

1. Prypto used a fractional reserve redeem code scheme to sell loaded cards, denominated in bitcoin and other cryptos.
2. Most distributors were unaware of the weaknesses of this plan.  Some were probably more intimately familiar with it than others.  The plan works like this: Pay out people slower over time, since none of the cardholders can see funds on a blockchain.  Use rest as slush fund to pump and dump your shitcoin.
3. The entire premise of having non-private key loaded cryptos is seen today as fraudulent, but the industry was not smart in 2013-2015 to see these scams ahead of time.  
4. There was never an expiration date for redemption communicated to anyone who bought the cards. The presumption was that the face value was loaded (unless otherwise specified) indefinitely
5. On August 1, 2019 - my first attempt at a refund was made.  I spent a few hours locating the cards, redeeming the codes, and generating new deposit addresses for the DOGE, LTC, and BTC.  
6. August 17 - All security codes and refund addresses were provided to WhyWeFight.  He strung me along with promises of payment.  The red flag occurred prior to this when offered a refund in CSC (and also learning CSC being linked to many people who started Prypto - whether this is true I don't really care).
7. October 7 - After my request for refund again. WhyWeFight "Hey, fuck my bad. I almost forgot. I will deal with it THIS week."
8. October 26 - I leave my Neg feedback on WhyWeFight.  I am paid out within 24 hours.  
9. According to some reports, more than 1,200 loaded Prypto cards were issued in the wild, and most of those holders are not paying attention to this forum nonsense.  Maybe they aren't DT1.  Or maybe even worse, they are planning to rely on those loaded cards for food or shelter one day.  
10. I will update feedback to reflect that Me, myself, and I was refunded, but the neg remains.  This is part of scammy behavior that needs to stop in this industry.  

Edit - I realize that WhyWeFight may be doing the right thing here, and the neg is not warranted to him if he is not behind Prypto. That may be true. If he is merely honoring an agreement between us I will revisit it, but I still believe a Neg is warranted to whoever came up with this scheme.   In my jurisdiction: A gift certificate or credit memo sold or issued for consideration in this state may not have an expiration date, or expiration, period.  (Thanks Sat0shisGhost)


Edit 2 - Seeing as how I am protected by free speech, my advice is that you and/or Duncan should be looking into defense attorneys, as well as plan on making all Prypto owners whole. Everything you have written on this thread indicates you are either Duncan, co-conspired with Duncan, or are monumentally stupid.

A threat? If saying that I will fight this until things are made right is a threat, than sure. All I am asking is for Prypto owners to MAKE THINGS RIGHT.  I am not concerned with my expired cards what so ever, but for everyone else who has them, and those whom have them but have no idea they're expired. There is some easy/fair solutions to this all. But you're not the person responsible here as far as I know. I'm simply pointing out what should be utterly obvious. I guess I'm asking to please pass this on to those whom are in charge, like Duncan.  I'm not looking for anything other than for things to be made right for everyone now and in the future.  

Also for proof ...yes, thankfully I know people much smarter than I whom gathered that proof. Make it right, all I ask. If this is an honest company, shouldnt be hard or a problem to do.

http://www.ncsl.org/research/financial-services-and-commerce/gift-cards-and-certificates-statutes-and-legis.aspx 

Because I am dealing with that issue. Again, CasinoCoin has nothing to do with this.

The terms of sales have been clear and have been available to people. Cards were valid for 5 years. This wasn't a secret. Prypto did not sell cards directly, resellers did. I don't see you going after reseller with big words.


Any proof for this or do you assume that?


Let me get this straight, is this a threat?

If a reseller sold you the card, you should first contact the reseller, because they knew exactly what the were selling. The cards were NOT designed as long term storage.

I paid hybridsole, because I traded the cards with him.

I’m curios why you’re paying these out and not Duncan Cameron or John Caldwell ?  They are aware of this thread right, so why not a word from them? I mean we know they are aware of this thread as Duncan removed any mention of Prypto from his LinkedIn page shortly after it was created. Only one reason someone does that. I appreciate you coming forward, giving refunds, etc...but this is FAR from settled for the rest of Prypto / ASG Blockchain and casino coin. They have many unpaid coins in their possession and I cant possibly fathom how they could view this as acceptable. Prypto.co makes mention of a 5 year expiration but Prypto.com and cryptoscractchcards.com nor the cards themselves make ANY mention of an expiration. I would advise Duncan message me if he wants to settle this peacefully (and do the right /moral/legal thing).

Sorry but  I didn't have the coins and it took me a long time to get em.

I said I will pay, and I paid. I would appreciate if you could watch your words, cause so do I.

My other work is in no way related to Prypto, stop calling it PnD, thanks. I am taking over a 3rd parties liability. I paid out MJ's BTC and hybridsole a few hours ago. I am currently getting outstanding Doge and LTC. Even we are talking small amounts I had to get the coins, which took me quite a while I have to admit that. I offered CSC payout cause that the only crypto I had on hand.

I never refused to pay anyone out nor did I ghost anyone. I am available on Discord, Slack, Skype, TG, Email, my mobile and Keybase 24/7 AND I said that at least twice.

I paid today after MJ pinged me yesterday and asked hybridsole for a different way of communication yesterday via PM (2nd time) as I am simply not using BTCT atm.

BTC payouts can be confirmed by both. Doge and LTC will happen as soon as I got the coins.

Other then that, there have been no additional contacts from ppl.


EDIT: LTC and DOGE have sent as well. As I said, I admit it took longer than it should. However, as I said all the time, I was willing to resolve the issue and I never ghosted anyone.

I was ghosted after being promised a refund from WhyWeFight. Very disappointed. Prypto is nothing more than part of a Casinocoin scammer pump and dump group. Offering my refund in Casinocoin should have been the final red flag.   They stole the funds and are trying to figure out the next steps...

Still waiting... we've been quite patient with this but that patience is starting to run out Prypto ...

Bump - any word here 

Just to keep everyone posted, working on it. Takes more time than expected. I'll give a heads up when stuff is up and running.

EDIT: Got the BTC data, looking at the rest now.

EDIT2: Got everything. Looking into the PMs i got.