Titan Bitcoin - CFTC Complaint filed for securities fraud

micro23

newbie

Activity: 37

Merit: 0

Quote from: Todamont on March 03, 2016, 02:03:26 PM

Just so the community is aware:

I was defrauded via a Titan Bitcoin, I lost 1 bitcoin. Tim Fillmore, president of Titan Bitcoin, is implicated. I peeled a coin that looked perfectly sealed, in the presence of a witness, and I was NOT able to redeem the "2FA code" on the coin for 1 bitcoin. Tim Fillmore told me the coin I held was "already redeemed", however the Titan BTC website shows my coin as "not yet funded". This indicates Titan Bitcoin has several databases regarding the states of their 2FA coins, and there is conflict in those databases, and Titan BTC is now refusing to honor customer redemptions based on their own internal database conflicts.

I have filed a police report and both FTC and CFTC complaints against Titan Mint, Inc., for theft, fraud, securities fraud, and unlicensed sale of securities.

Titan Bitcoin is now listed as a SCAM SITE on the list of scam sites. Beware, stay away or you could be the next victim.

Did you ever get this figured out?

SlidingHorn

full member

Activity: 196

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

This is a pretty clear-cut case of OP not doing their due diligence in regard to their transaction.

OP, I'm very sorry you lost out on this deal but it's very clear that TitanBTC is not at fault here. They've offered to assist you in filing a report/charges against the *actual* perpetrator, which you declined.

I won't leave a neg (others have - deservedly, IMHO - already done so), but I have left a neutral warning about OP's behavior throughout this ordeal.

TECSHARE

legendary

Activity: 3318

Merit: 2008

First Exclusion Ever

You are a loser, and I hope you get sued into poverty. You are in the wrong and you are an idiot for not admitting it. The mistake is 100% yours, not Titan's. This is why Bitcoin can't have nice things, because of morons like Todamont.

For anyone wanting to read the entire narrative to see how entirely full of shit Todamont is you can check it out here: https://bitcointalksearch.org/topic/m.13134945

Fortify

legendary

Activity: 2688

Merit: 1192

This is a pretty strong accusation. Did you buy the coin directly from Titan Bitcoin or through a third party like eBay? Do you have any photos of the coin before and after you peeled it? Did you check the address before you bought or after you received it? So many questions to be asked..

Todamont

sr. member

Activity: 606

Merit: 273

Just so the community is aware:

I was defrauded via a Titan Bitcoin, I lost 1 bitcoin. Tim Fillmore, president of Titan Bitcoin, is implicated. I peeled a coin that looked perfectly sealed, in the presence of a witness, and I was NOT able to redeem the "2FA code" on the coin for 1 bitcoin. Tim Fillmore told me the coin I held was "already redeemed", however the Titan BTC website shows my coin as "not yet funded". This indicates Titan Bitcoin has several databases regarding the states of their 2FA coins, and there is conflict in those databases, and Titan BTC is now refusing to honor customer redemptions based on their own internal database conflicts.

I have filed a police report and both FTC and CFTC complaints against Titan Mint, Inc., for theft, fraud, securities fraud, and unlicensed sale of securities.

Titan Bitcoin is now listed as a SCAM SITE on the list of scam sites. Beware, stay away or you could be the next victim.

Topic: Titan Bitcoin - CFTC Complaint filed for securities fraud (Read 737 times)