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Topic: [SCAM IPO] AcoinL.L.C; Smack_That_Ace; www.Localpunter.com [SCAM IPO] (Read 5908 times)

newbie
Activity: 13
Merit: 0
i know they all alot of maniipulation . just take patiience and waiit the best moment to caugh them
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
Keep GFY drama on GFY.
sr. member
Activity: 476
Merit: 250
This thread, helpfully titled "[SCAM IPO] AcoinL.L.C; Smack_That_Ace; www.Localpunter.com [SCAM IPO]," is, as the title suggests, about a scam IPO of a broken, unfinished poker site with no payment processor, allegedly generating $4,000/mo in rake.  

SexyBTC was brought in by Smack That Ace to vouch for his legitimacy--a trick which backfired in teh most hilarious fashion.

I ask again that you pay attention to the subject matter of this thread.
It is not about SexyBTC, socking, or tea prices in China.
If you wish to broach any of those subjects, kindly start your own thread.

ty

User Smack That Ace sent me a PM, asking for help with an IPO:



I simply ignored it.  Until seeing this: https://bitcointalksearch.org/topic/poker-existing-poker-site-ipo-currently-4000-monthly-revenue-696159 (now locked).  

TL;DR:
AcoinL.L.C claims "The business is currently generating over $4000 per month in revenue through rake, with a gross profit of $800 per month." (see partial screencap of locked thread below.)



This was now amended to:

...
TL;DR:
Site makes $800 a month in net profit, dividends paid weekly. At current rates thats an APR of 102%

If your interested in purchasing:
Send payment to 19RPcV9peZJVvB5hC5FQxez2X73vpTFpim
Whatever address sends the payment will be considered the dividend address. If you would like to change your dividend address, PM AcoinL.L.C with proof of ownership of the given address.
...


TL;DR:  Send money here FTW!

The domain registration is two and a half months old.  The site, when I first looked at it, had lorem ipsum or dead links *throughout* (screen caps in the locked thread, see link above.  What text was there was laughably misspelled.

I know, should be obvious, but just in case it's not:  IT IS A BAG OF DICKS.  DO NOT TOUCH. DO NOT WANT.


Agreed, lets keep it on track to what its meant to be about.
full member
Activity: 138
Merit: 100
This thread, helpfully titled "[SCAM IPO] AcoinL.L.C; Smack_That_Ace; www.Localpunter.com [SCAM IPO]," is, as the title suggests, about a scam IPO of a broken, unfinished poker site with no payment processor, allegedly generating $4,000/mo in rake.  

SexyBTC was brought in by Smack That Ace to vouch for his legitimacy--a trick which backfired in teh most hilarious fashion.

I ask again that you pay attention to the subject matter of this thread.
It is not about SexyBTC, socking, or tea prices in China.
If you wish to broach any of those subjects, kindly start your own thread.

ty

User Smack That Ace sent me a PM, asking for help with an IPO:



I simply ignored it.  Until seeing this: https://bitcointalksearch.org/topic/poker-existing-poker-site-ipo-currently-4000-monthly-revenue-696159 (now locked).  

TL;DR:
AcoinL.L.C claims "The business is currently generating over $4000 per month in revenue through rake, with a gross profit of $800 per month." (see partial screencap of locked thread below.)



This was now amended to:

...
TL;DR:
Site makes $800 a month in net profit, dividends paid weekly. At current rates thats an APR of 102%

If your interested in purchasing:
Send payment to 19RPcV9peZJVvB5hC5FQxez2X73vpTFpim
Whatever address sends the payment will be considered the dividend address. If you would like to change your dividend address, PM AcoinL.L.C with proof of ownership of the given address.
...


TL;DR:  Send money here FTW!

The domain registration is two and a half months old.  The site, when I first looked at it, had lorem ipsum or dead links *throughout* (screen caps in the locked thread, see link above.  What text was there was laughably misspelled.

I know, should be obvious, but just in case it's not:  IT IS A BAG OF DICKS.  DO NOT TOUCH. DO NOT WANT.

sr. member
Activity: 476
Merit: 250
These accusations of saying everyone is smack that ace that comes against you is darn retarded. If you have no evidence, do not post here.
hero member
Activity: 686
Merit: 500
i can vouch for smackthatace  and had a site built from him and he is awesome guy. some of the work is given to other developers when his work load gets too much. i had the same problem but he got it sorted in 24 hours and gave me a discount when he didn't have too. so all these lies about him are false.
hero member
Activity: 714
Merit: 500
newbie
Activity: 14
Merit: 0
i know they all . like activity for scam and manipulate people they have 2 coins.
legendary
Activity: 1750
Merit: 1094
Assalamu Alekum
Hello bigasic,

Thankyou for showing your interest.

I would like you to visit the site between 5 and 10pm EST.

This is a site running on an affiliate model where players from all over Asia and Middle east are taking part in games which are hosted specifically for them. It has a common currency of 1 usd to 100 chip therefore keeping it constant and safeguarding the fiat based players against the volatility of the bitcoin.
We charge a rake of 4%(in some cases 5%) rake with a cap of 7.50 USD in higher stakes games. Our current player base is over 30 players and we ourselves are not increasing this number as waiting for the launch of our new site.

We have closed deposits and performing them manually due to security concerns and also because the site is still in BETA.

I would appreciate it if you come visit the website in a few hours and ill gladly give you some chips on the house to play and test the site.

If any other questions let me know.

Regards

Duke Aka Smack that Ace only Wink
hero member
Activity: 924
Merit: 1000
Yea, I tried to make an account but had many errors, also, not one person was playing , so 4k a month in profit? where is it coming from?
legendary
Activity: 1750
Merit: 1094
Assalamu Alekum
I am ready to not only validate my business and financials with an independent inquiry but also do a video confirmation of my identity.

Also i am willing to donate 0.1 BTC(maybe 0.2) to anyone who can get this independent unbiased investigation started and the issue resolved.

If i am a Scamer or i had intentions to lie/cheat/steal a strippers Idea i will donate 2 btc to  NOT-SEXY BTC.

Thanks

Duke
legendary
Activity: 1750
Merit: 1094
Assalamu Alekum
Quote
Suspected other accounts Smack That Ace uses are Suspected being the key word there if I had proof I would offer it up,
like I am offering to let a well trusted member of the scam busting community login to my skype and bitcointalk accounts to verify what I posted is accurate. As far as the Skype transcripts between AcoinL.L.C, Scott, Duke and I.

xetsr    https://bitcointalksearch.org/user/xetsr-101763   Registered:    April 17, 2013, 06:19:03 PM

and why am I being listed here?

what an idiot. because I leave trust after a successful deal, i'm suspected of being "Smack That Ace"... lol

just for the record. i have nothing to do with this IPO. I bought a small amount of BTC, that's it.

Quote
I want this ring of scam accounts to be exposed. If I named you in the above names I will be more than happy to video skype you and clear it up if you are not duke. Other wise if the shoe fits!

Not going to happen. I don't have to prove anything to you. Other members here can vouch for me if they want.

LOL! I have done MANY MANY trades (quite a few on PP) with xetsr, and I assure you, he is NOT from India, nor is he a scammer!

LOL WAIT Huh I am from dubai ?? who is from india
legendary
Activity: 1036
Merit: 1000
Quote
Clear my name?  Aside from your baseless accusation there's nobody here that thinks I'm a scammer.  Nonetheless, got nothing better to do so might as well make you look stupid.  Add me, same username


I will add you as soon as I get home and first of all to prove you are not smack that ace is what anyone who has a clean conscience would and should do, you are taking it too personal. My project is on hold because of these scammers and it is my fault for going with the first idiot who claimed he would do everything down to having professional scripts written for my broadcast material.

I am taking it personal because they all but killed my project to attempt to defraud investors and leave me as the fall guy. I have been planning this show for many months now and can prove it also have members on here that are aware of it that skype on a regular basis, mostly talking about the progress of my project until I learned there was a scam in the first place.

I walked blindly into it and I have a legitimate Business model with great potential, I have disclosed so many unique concepts to these jerks or jerk and feel that Nobody! and I mean Nobody should have to go through something like this.

One or two of those new members each hour just might be a real new forum member and they deserve a fair shot at the crypto market without jerks using them for their own schemes and then tarnishing their idea or concept.

If you are really in the states and from the states then you cannot be sma, that does not clear you from being part of his plot even if it is without your knowledge. There does not seem to be many big picture thinkers in this discussion, Which by the way let me remind you is off topic and you should consider posting any followups in the before mentioned and now again at https://bitcointalksearch.org/topic/smack-that-ace-is-using-a-ring-of-accounts-to-create-scams-727235 Notalambchop would appreciate it.

Back to you cooldgamer, Also don't start spazzing out and having convulsions because I said you could be somehow connected to sma, I did mention it with a wide range of possibilities. I am in this for two reasons now to make sure newcomers don't get flimflammed and investors don't get ripped off.

Besides whats wrong with meeting on a video chat that only strengthens your position as a good honest person, anyone who would instantly buck up and say they don't have to is just the person I would be concerned about doing business with in the first place.

I look forward to meeting on video, I hope your camera and mic work because Vual and Smack that ace only had mic's but they sure didn't mind me being on video. I will add and call you in about an hour and a half.

To any concerned I could of sent this in a private message but as in the nature of BTC transparency is a must for me on the new project of mine. The exposure of a ring of frauds that have been in the system what may go back as early as 2011 possibility further.
So I feel I need to keep all correspondences from me at this point related to this matter a public matter and issue, in the hopes that these rings are broken down and there is some law and order for the people of this site.

I have started a topic on this very issue and listed it twice please make any future comment there as I do not want to take over this topic so please respect the topic here and move additional input to the appropriate area.

Sorry OP for venting in here as I also mentioned before, the only reason I realized I was on a crash course with disaster considering my project is this topic. So I once again give you my thanks for giving me that reason to doubt. Were it not for that I would have been in worse shape than I am in now and I intend on showing you a debt of gratitude.    

FYI
Speaking of the OP
Magic IPO being an honest person and answering truthfully are you registered with the SEC  

SEC Charges Bitcoin Entrepreneur With Offering Unregistered Securities
FOR IMMEDIATE RELEASE
2014-111
Washington D.C., June 3, 2014 —

The Securities and Exchange Commission today charged the co-owner of two Bitcoin-related websites for publicly offering shares in the two ventures without registering them. Full article here http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520


That's just friendly advice from someone who almost started an IPO. I seriously doubt either of the clowns I was working with are registered by the SEC for this sort of thing and without google or something similar they would have no clue what that acronym stood for, unless I spelled it out as I did above.

Do The Right Thing
SexyBTC Out!


OMG! EVERYONE! Satoshi Nakamoto is an alt of Smack That Ace! So is Theymos! All trying to steal your btcz

This is getting so ridiculous its unbelievable. Does my text look like its written by a native english speaker, or a non native speaker (Smack That Ace)? Ive already provided screenshots proving the auction held months ago was a real bid by me, in which I lost 1BTC to a scammer who created a similar username (I was new to the forum and didn't pay enough attention. Lesson learned  Undecided).

SexyBTC, you should start looking at your trust more often. You realize your getting more negative feedback the more you try and correlate that I, and everyone else is Smack That Ace. You sound loony. Also, since your looking up legalities, you should look up slander Wink
Also, you do realize the SEC is a US organization, correct? Smack That Ace is not american... The site is not run in the US... The sites players are not American. I am a private investor, and the other investor that purchased is also not american as far as I am aware. So why would the SEC have any concern? They clearly don't care about havelock which has allowed projects with valuations that are several 100x the size of this project, and they are clearly going after US investors.

Signing onto this project was clearly not worth it, and Smack That Ace and I are highly considering him purchasing my stake, and than each of us are going our separate ways. Project was clearly not worth the hassle and trolls it entailed. Bottom line is, I don't really know the details of the project you did with Scott and Duke, all I know is that Duke dropped you as a client and that Scott completed your site. Any disagreements you have with them.. is with them. Not me.

Again, drop the accusations or get evidence. You still have yet to provide any evidence after several pages of your rants.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night


Back to you cooldgamer, Also don't start spazzing out and having convulsions because I said you could be somehow connected to sma, I did mention it with a wide range of possibilities. I am in this for two reasons now to make sure newcomers don't get flimflammed and investors don't get ripped off.

Besides whats wrong with meeting on a video chat that only strengthens your position as a good honest person, anyone who would instantly buck up and say they don't have to is just the person I would be concerned about doing business with in the first place.

I look forward to meeting on video, I hope your camera and mic work because Vual and Smack that ace only had mic's but they sure didn't mind me being on video. I will add and call you in about an hour and a half.
I don't mind video chatting, it's when the chat is to prove I'm not a scammer that I don't like.  I do have mic and video, have nothing to hide.
member
Activity: 98
Merit: 10
SexyBTC
Quote
Clear my name?  Aside from your baseless accusation there's nobody here that thinks I'm a scammer.  Nonetheless, got nothing better to do so might as well make you look stupid.  Add me, same username


I will add you as soon as I get home and first of all to prove you are not smack that ace is what anyone who has a clean conscience would and should do, you are taking it too personal. My project is on hold because of these scammers and it is my fault for going with the first idiot who claimed he would do everything down to having professional scripts written for my broadcast material.

I am taking it personal because they all but killed my project to attempt to defraud investors and leave me as the fall guy. I have been planning this show for many months now and can prove it also have members on here that are aware of it that skype on a regular basis, mostly talking about the progress of my project until I learned there was a scam in the first place.

I walked blindly into it and I have a legitimate Business model with great potential, I have disclosed so many unique concepts to these jerks or jerk and feel that Nobody! and I mean Nobody should have to go through something like this.

One or two of those new members each hour just might be a real new forum member and they deserve a fair shot at the crypto market without jerks using them for their own schemes and then tarnishing their idea or concept.

If you are really in the states and from the states then you cannot be sma, that does not clear you from being part of his plot even if it is without your knowledge. There does not seem to be many big picture thinkers in this discussion, Which by the way let me remind you is off topic and you should consider posting any followups in the before mentioned and now again at https://bitcointalksearch.org/topic/smack-that-ace-is-using-a-ring-of-accounts-to-create-scams-727235 Notalambchop would appreciate it.

Back to you cooldgamer, Also don't start spazzing out and having convulsions because I said you could be somehow connected to sma, I did mention it with a wide range of possibilities. I am in this for two reasons now to make sure newcomers don't get flimflammed and investors don't get ripped off.

Besides whats wrong with meeting on a video chat that only strengthens your position as a good honest person, anyone who would instantly buck up and say they don't have to is just the person I would be concerned about doing business with in the first place.

I look forward to meeting on video, I hope your camera and mic work because Vual and Smack that ace only had mic's but they sure didn't mind me being on video. I will add and call you in about an hour and a half.

To any concerned I could of sent this in a private message but as in the nature of BTC transparency is a must for me on the new project of mine. The exposure of a ring of frauds that have been in the system what may go back as early as 2011 possibility further.
So I feel I need to keep all correspondences from me at this point related to this matter a public matter and issue, in the hopes that these rings are broken down and there is some law and order for the people of this site.

I have started a topic on this very issue and listed it twice please make any future comment there as I do not want to take over this topic so please respect the topic here and move additional input to the appropriate area.

Sorry OP for venting in here as I also mentioned before, the only reason I realized I was on a crash course with disaster considering my project is this topic. So I once again give you my thanks for giving me that reason to doubt. Were it not for that I would have been in worse shape than I am in now and I intend on showing you a debt of gratitude.    

FYI
Speaking of the OP
Magic IPO being an honest person and answering truthfully are you registered with the SEC  

SEC Charges Bitcoin Entrepreneur With Offering Unregistered Securities
FOR IMMEDIATE RELEASE
2014-111
Washington D.C., June 3, 2014 —

The Securities and Exchange Commission today charged the co-owner of two Bitcoin-related websites for publicly offering shares in the two ventures without registering them. Full article here http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520


That's just friendly advice from someone who almost started an IPO. I seriously doubt either of the clowns I was working with are registered by the SEC for this sort of thing and without google or something similar they would have no clue what that acronym stood for, unless I spelled it out as I did above.

Do The Right Thing
SexyBTC Out!
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
@xetsr
Yes duck and run, neglect my simple question again and slam my name some more, it is the MO of the scammer I am pointing out, First off moron I called you and your many accounts out, so just the fact that you were on to it in under the time it takes to order a pizza is a red flag.

Second you have not offered any proof that your not him!
So say what you will and I will stand my ground.

Quote from: Wikipedia
When debating any issue, there is an implicit burden of proof on the person asserting a claim.
You're the one claiming he's a scammer, you need proof, not him.  Besides, I'm pretty sure his trust is proof enough that he's legit

You are a fool there are right now this second 347854 and an average of almost 9 new members an hour. You mean to tell me that the odds are There are over a dozen accounts that were all created within a month of each other meaning that the shortest amount of time between account creation is 2 day's and if he even possibly you are dumb enough to login and jump into this topic out of the blue "kind of like you did" then I have more dates and leads to go by.

These accounts are all within a month apart and they all give each other plenty of positive ratings, Not only is it possible but it is happening and I am going through them all one at a time to get a better idea exactly how many accounts are in question.

Before I made my first list of questionable accounts I considered very strongly adding your name the only reason I didn't is because you were a good 2 1/2 months older of an account and I know that for them to build real trust they would have to eventually do some legit transactions with real trusted members. I gave you credit and threw a curve in there instead of putting you on the list I put the person you gave the most trust to and funny out of nowhere here you are in the conversation "which BTW as Notalambchop pointed out is way off topic" I started a topic for this you can reply in it. Don't worry it will stay at the top! Regardless you are going to be on the revised version and only make my job more complicated.

And Thank You for confirming you are a part of it, you can clear your name from the list in the same way all other named suspect accounts can, with a simple skype video chat.
  
Clear my name?  Aside from your baseless accusation there's nobody here that thinks I'm a scammer.  Nonetheless, got nothing better to do so might as well make you look stupid.  Add me, same username
member
Activity: 98
Merit: 10
SexyBTC
@xetsr
Yes duck and run, neglect my simple question again and slam my name some more, it is the MO of the scammer I am pointing out, First off moron I called you and your many accounts out, so just the fact that you were on to it in under the time it takes to order a pizza is a red flag.

Second you have not offered any proof that your not him!
So say what you will and I will stand my ground.

Quote from: Wikipedia
When debating any issue, there is an implicit burden of proof on the person asserting a claim.
You're the one claiming he's a scammer, you need proof, not him.  Besides, I'm pretty sure his trust is proof enough that he's legit

You are a fool there are right now this second 347854 and an average of almost 9 new members an hour. You mean to tell me that the odds are There are over a dozen accounts that were all created within a month of each other meaning that the shortest amount of time between account creation is 2 day's and if he even possibly you are dumb enough to login and jump into this topic out of the blue "kind of like you did" then I have more dates and leads to go by.

These accounts are all within a month apart and they all give each other plenty of positive ratings, Not only is it possible but it is happening and I am going through them all one at a time to get a better idea exactly how many accounts are in question.

Before I made my first list of questionable accounts I considered very strongly adding your name the only reason I didn't is because you were a good 2 1/2 months older of an account and I know that for them to build real trust they would have to eventually do some legit transactions with real trusted members. I gave you credit and threw a curve in there instead of putting you on the list I put the person you gave the most trust to and funny out of nowhere here you are in the conversation "which BTW as Notalambchop pointed out is way off topic" I started a topic for this you can reply in it. Don't worry it will stay at the top! Regardless you are going to be on the revised version and only make my job more complicated.

And Thank You for confirming you are a part of it, you can clear your name from the list in the same way all other named suspect accounts can, with a simple skype video chat.
 
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
@xetsr
Yes duck and run, neglect my simple question again and slam my name some more, it is the MO of the scammer I am pointing out, First off moron I called you and your many accounts out, so just the fact that you were on to it in under the time it takes to order a pizza is a red flag.

Second you have not offered any proof that your not him!
So say what you will and I will stand my ground.

Quote from: Wikipedia
When debating any issue, there is an implicit burden of proof on the person asserting a claim.
You're the one claiming he's a scammer, you need proof, not him.  Besides, I'm pretty sure his trust is proof enough that he's legit
member
Activity: 98
Merit: 10
SexyBTC
@xetsr
Yes duck and run, neglect my simple question again and slam my name some more, it is the MO of the scammer I am pointing out, First off moron I called you and your many accounts out, so just the fact that you were on to it in under the time it takes to order a pizza is a red flag.

Second you have not offered any proof that your not him!
So say what you will and I will stand my ground.



@notalamchop

I did start my own topic before you posted  that so forgive me for venting in your topic but if it weren't for me you would still be on page 1, you're welcome.

And I was fooled by the scamming ring that I have exposed on here so for about a month I thought these morons were legit, now I know better. I do not work with them in any way and never will!
 

BTW there are so many inconsistencies that you overlooked in your exposure of the localpunter scam, you may want to take a better look!
They have a few other poker site scams  http://www.cryptopoker.club/ is one of them
sr. member
Activity: 378
Merit: 254
Can you kids start your own thread?  This one's about www.Localpunter.com IPO scam.
First SexyBTC is brought in to vouch for these d00ds, now she's their archenemy, can't even tell who's scamming who Roll Eyes
If you forgot what this thread is meant to be about, look at the subject line.
ty and stay classy.
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