Topic: Scrypt.CC | Scrypt Cloud Mining - page 41. (Read 750579 times)
2.08 BTC from 6 october 2015 not received
Holly hell, this site is still live and trading!?!?
Has anyone had a successful withdraw in the past 3 months?
Has anyone had a successful withdraw in the past 3 months?
Sorry but the last thing this community needs is more people making shit up. Do the right thing and delete this post before people start thinking it's real...
Brasília, Dec. 2, 2015 — The Securities and Exchange Comission today
charged the Bitcoin mining company Scrypt.CC and its founder MARCELO SANTOS
with conducting a Ponzi scheme that used the lure of quick riches from virtual currency
to defraud investors.
According to the SEC’s complaint filed in federal court in Connectcut, “mining” for Bitcoin or other virtual currencies means applying computer power to try to solve complex equations that verify a group of transactions in that virtual currency. The first computer or collection of computers to solve an equation is awarded new units of that virtual currency.
The SEC alleges that MARCELO SANTOS perpetrated the fraud through his brazilian company Scrypt.CC by purporting to offer shares of a digital Bitcoin mining operation. In reality, Scrypt.CC did not own enough computing power for the mining it promised to conduct, so most investors paid for a share of computing power that never existed. Returns paid to some investors came from proceeds generated from sales to other investors.
As alleged in our complaint, MARCELO SANTOS and his company cloaked their scheme in technological sophistication and jargon, but the fraud was simple at its core: they sold what they did not own, misrepresented what they were selling, and robbed one investor to pay another.
According to the SEC’s complaint:
From January 2014 to December 2015, MARCELO SANTOS and his company sold $20 million worth of purported shares in a digital mining contract they called a KHS.
More than 10,000 investors purchased KHS, which were touted as always profitable and never obsolete.
Although KHS were depicted in Scrypt.CC marketing materials as a physical product or piece of mining hardware, the promised contract purportedly entitled the investor to control a share of computing power that Scrypt.CC claimed to own and operate.
Investors were misled to believe they would share in returns earned by the Bitcoin mining activities when in reality Scrypt.CC directed little or no computing power toward any mining activity.
Because MARCELO SANTOS and his company sold far more computing power than they owned, they owed investors a daily return that was larger than any actual return they were making on their limited mining operations.
Therefore, investors were simply paid back gradually over time under the mantra of “returns” out of funds that MARCELO SANTOS and his company collected from other investors.
Most KHS investors never recovered the full amount of their investments, and few made a profit.
The SEC’s complaint seeks permanent injunctive relief as well as the disgorgement of ill-gotten gains plus prejudgment interest and penalties.
charged the Bitcoin mining company Scrypt.CC and its founder MARCELO SANTOS
with conducting a Ponzi scheme that used the lure of quick riches from virtual currency
to defraud investors.
According to the SEC’s complaint filed in federal court in Connectcut, “mining” for Bitcoin or other virtual currencies means applying computer power to try to solve complex equations that verify a group of transactions in that virtual currency. The first computer or collection of computers to solve an equation is awarded new units of that virtual currency.
The SEC alleges that MARCELO SANTOS perpetrated the fraud through his brazilian company Scrypt.CC by purporting to offer shares of a digital Bitcoin mining operation. In reality, Scrypt.CC did not own enough computing power for the mining it promised to conduct, so most investors paid for a share of computing power that never existed. Returns paid to some investors came from proceeds generated from sales to other investors.
As alleged in our complaint, MARCELO SANTOS and his company cloaked their scheme in technological sophistication and jargon, but the fraud was simple at its core: they sold what they did not own, misrepresented what they were selling, and robbed one investor to pay another.
According to the SEC’s complaint:
From January 2014 to December 2015, MARCELO SANTOS and his company sold $20 million worth of purported shares in a digital mining contract they called a KHS.
More than 10,000 investors purchased KHS, which were touted as always profitable and never obsolete.
Although KHS were depicted in Scrypt.CC marketing materials as a physical product or piece of mining hardware, the promised contract purportedly entitled the investor to control a share of computing power that Scrypt.CC claimed to own and operate.
Investors were misled to believe they would share in returns earned by the Bitcoin mining activities when in reality Scrypt.CC directed little or no computing power toward any mining activity.
Because MARCELO SANTOS and his company sold far more computing power than they owned, they owed investors a daily return that was larger than any actual return they were making on their limited mining operations.
Therefore, investors were simply paid back gradually over time under the mantra of “returns” out of funds that MARCELO SANTOS and his company collected from other investors.
Most KHS investors never recovered the full amount of their investments, and few made a profit.
The SEC’s complaint seeks permanent injunctive relief as well as the disgorgement of ill-gotten gains plus prejudgment interest and penalties.
CEO of "cloud mining operation" charged with running a ponzi.
Not scrypt.cc (yet), but it highlights the risks with cloud mining - both for potential investors, and (fortunately) for scammy CEOs etc.
Not scrypt.cc (yet), but it highlights the risks with cloud mining - both for potential investors, and (fortunately) for scammy CEOs etc.
Quote
Garza claimed that GAW Miners and Zen Miners mined Bitcoin... In reality, Garza devoted “little or no computing power toward any mining activity,” according to an SEC statement.
Anyone who was at Las Vegas Hashers' United last year and remembers Mr-Pink-Shirt-and-Bowtie with his entourage of schills and rented Diablo is probably laughing their asses off right now. Go SEC.
Quote
PSA: Scrypt.cc is guilty of Fraudulent Misrepresentation, a crime in every financial jurisdiction in the world. Anyone who has lost money buying or selling their fictitious 'KHS'/'MHS' token is legally entitled to recover their funds back in full.
https://www.law.cornell.edu/wex/fraudulent_misrepresentation
PSA: scrypt.cc is a scam, most likely of the "ponzi" variety. You will lose your money if you try to "invest" or "play" or whatever you want to call your participation in this shitshow. You've been warned.
More info here: https://bitcointalksearch.org/topic/scryptcc-is-provably-lying-about-their-850ghs-scrypt-mining-1102560
https://www.law.cornell.edu/wex/fraudulent_misrepresentation
Quote
Fraudulent Misreprentation
Under contract law, a plaintiff can recover against a defendant on the grounds of fraudulent misrepresentation if (1) a representation was made; (2) that was false; (3) that when made, the representation was known to be false or made recklessly without knowledge of its truth; (4) that it was made with the intention that the plaintiff rely on it; (5) that the plaintiff did rely on it; and (6) that the plaintiff suffered damages as a result.
Under contract law, a plaintiff can recover against a defendant on the grounds of fraudulent misrepresentation if (1) a representation was made; (2) that was false; (3) that when made, the representation was known to be false or made recklessly without knowledge of its truth; (4) that it was made with the intention that the plaintiff rely on it; (5) that the plaintiff did rely on it; and (6) that the plaintiff suffered damages as a result.
PSA: scrypt.cc is a scam, most likely of the "ponzi" variety. You will lose your money if you try to "invest" or "play" or whatever you want to call your participation in this shitshow. You've been warned.
More info here: https://bitcointalksearch.org/topic/scryptcc-is-provably-lying-about-their-850ghs-scrypt-mining-1102560
Brasília, Dec. 2, 2015 — The Securities and Exchange Comission today
charged the Bitcoin mining company Scrypt.CC and its founder MARCELO SANTOS
with conducting a Ponzi scheme that used the lure of quick riches from virtual currency
to defraud investors.
charged the Bitcoin mining company Scrypt.CC and its founder MARCELO SANTOS
with conducting a Ponzi scheme that used the lure of quick riches from virtual currency
to defraud investors.
Nice story. Unfortunately fictitious. His real name is very likely not even Marcelo Santos.
I doubt that he will ever get caught.
CEO of "cloud mining operation" charged with running a ponzi.
Not scrypt.cc (yet), but it highlights the risks with cloud mining - both for potential investors, and (fortunately) for scammy CEOs etc.
Not scrypt.cc (yet), but it highlights the risks with cloud mining - both for potential investors, and (fortunately) for scammy CEOs etc.
Quote
Garza claimed that GAW Miners and Zen Miners mined Bitcoin... In reality, Garza devoted “little or no computing power toward any mining activity,” according to an SEC statement.
10482 Replies and 532646 Views.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
Actually this one is https://bitcointalksearch.org/topic/gaw-josh-garza-discussion-paycoin-xpy-xpyio-ion-ionomy-always-make-money-857670
Over 1.8 million views
Nahhh, Dash for sure is one of the most active... 5 times more than that (at the current date, was "Read 5.205.811 times") -> https://bitcointalk.org/index.php?topic=421615.0;topicseen
Oh damn I've never seen that one
and this one is even better than dash ( Read 11.511.891 times) https://bitcointalksearch.org/topic/m.1858442
Our belo-hated Scrypt.cc is very popular indeed 
10482 Replies and 532646 Views.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
Actually this one is https://bitcointalksearch.org/topic/gaw-josh-garza-discussion-paycoin-xpy-xpyio-ion-ionomy-always-make-money-857670
Over 1.8 million views
Nahhh, Dash for sure is one of the most active... 5 times more than that (at the current date, was "Read 5.205.811 times") -> https://bitcointalk.org/index.php?topic=421615.0;topicseen
Oh damn I've never seen that one
10482 Replies and 532646 Views.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
Actually this one is https://bitcointalksearch.org/topic/gaw-josh-garza-discussion-paycoin-xpy-xpyio-ion-ionomy-always-make-money-857670
Over 1.8 million views
Nahhh, Dash for sure is one of the most active... 5 times more than that (at the current date, was "Read 5.205.811 times") -> https://bitcointalk.org/index.php?topic=421615.0;topicseen
10482 Replies and 532646 Views.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
And all because of a 08/15 Scammer asshole.
Actually, he is not worth the attention.
On the other hand, this is by far the funniest thread here.
Keep going. Perhaps someday Lord Scamtos will descend from Walhalla and shower his faithful disciples with gold.
Or, he leaves another turd.
We will see.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
And all because of a 08/15 Scammer asshole.
Actually, he is not worth the attention.
On the other hand, this is by far the funniest thread here.
Keep going. Perhaps someday Lord Scamtos will descend from Walhalla and shower his faithful disciples with gold.
Or, he leaves another turd.
We will see.
Actually this one is https://bitcointalksearch.org/topic/gaw-josh-garza-discussion-paycoin-xpy-xpyio-ion-ionomy-always-make-money-857670
Over 1.8 million views
well said
10482 Replies and 532646 Views.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
And all because of a 08/15 Scammer asshole.
Actually, he is not worth the attention.
On the other hand, this is by far the funniest thread here.
Keep going. Perhaps someday Lord Scamtos will descend from Walhalla and shower his faithful disciples with gold.
Or, he leaves another turd.
We will see.
This must be the most active thread on btctalk.
I wish I had posted advertising, heh.
And all because of a 08/15 Scammer asshole.
Actually, he is not worth the attention.
On the other hand, this is by far the funniest thread here.
Keep going. Perhaps someday Lord Scamtos will descend from Walhalla and shower his faithful disciples with gold.
Or, he leaves another turd.
We will see.
Well, I get that but most of the latest investors cannot even get into the accounts, lol.
PSA: SCRYPT.CC IS A SCAM DO NOT INVEST. THIS METHOD IS POSTED ONLY FOR THOSE TRYING TO GET THEIR FUNDS OUT.
The schedule is not regular but every 2 weeks or so the hot wallet is cleared and payouts of small amounts are made. For those with money still trapped there is still hope to recover some.
DO NOT MAKE ANY NEW DEPOSITS.
-If you are Willing to take the loss you can sell your MHS
-Otherwise set autobuy to a very low value of 100 sats
-Set withdraws for 0.01 Btc or less and keep queueing them up.
This technique is slowly helping some pull funds out, avoid large withdrawals and eat the fees for multiple small. Chances are the next time they clear the hot wallet you will at least get your queued withdrawals. I WOULD NOT EXPECT TO RECOVER ALL DEPOSITED FUNDS US ING THIS METHOD.
The schedule is not regular but every 2 weeks or so the hot wallet is cleared and payouts of small amounts are made. For those with money still trapped there is still hope to recover some.
DO NOT MAKE ANY NEW DEPOSITS.
-If you are Willing to take the loss you can sell your MHS
-Otherwise set autobuy to a very low value of 100 sats
-Set withdraws for 0.01 Btc or less and keep queueing them up.
This technique is slowly helping some pull funds out, avoid large withdrawals and eat the fees for multiple small. Chances are the next time they clear the hot wallet you will at least get your queued withdrawals. I WOULD NOT EXPECT TO RECOVER ALL DEPOSITED FUNDS US ING THIS METHOD.
Hi,
Script.CC is a SCAM!
I made a withdrawal 2 months ago aprox... and i don't have my bitcoin...
Where is my bitcoin?
My account it's alive but... can't withdraw...What good is it ? it's... a SHIT.
Script.CC is a SCAM!
I made a withdrawal 2 months ago aprox... and i don't have my bitcoin...
Where is my bitcoin?
My account it's alive but... can't withdraw...What good is it ? it's... a SHIT.
I am going to check it out. Every once in a while I want to hit up a coin that is scrypt and do not want to put out the processor to mine it. Thanks.
And for some reason you think that this ScamPonziGapingBitcoinHole is related to mining a specific Scrypt coin and profiting from it? You do know that's what services like NiceHash are for, right? I keep checking this thread to see if ScryptCC still has a pulse and I keep thinking that the influx of posts that are not only stupid but uniquely stupid will stop, and then you give me something like this. Here's a hint - if there was any actual mining going on and you owned any actual KHS/MHS/GHS/UnicornHS, you'd see somewhat steady and predictable profitability in line with payouts from Scrypt multipools and LTC mining. I challenge you to provide proof to me of the last time that happened with this fabricated commodity.
either I just saw the ad last week or they were never very functional.
cant believe people are still putting btc into this piece of shit site hahahahahahaha
Like... Who? I don't see any new funds going in, just laundering weekly.
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