Topic: Titan Mint Coins- Serious Issue- ***NEW UPDATES*** - page 14. (Read 13400 times)

Let me give you a summary from my perspective. I first met Tim at the Austin Bitcoin Conference in 2014 and purchased a Titan Bitcoin "token" from him at that event, and purchased another few online either from his site or via trades on this forum with other trusted members during 2014/2015. I actually spoke onstage at that event alongside Andreas Antonopolous and told people we were building a new internet for money.

2016: I tried to cash out my coin, and discovered that there was no privkey, only a 2FA code. I purchased it online in this forum so I didn't have access to any email / password needed to redeem the token, but it didn't end up mattering because when we looked up the token on his website, the status was "Not Yet Funded". Tim claimed the token was "lost in the mail" and replaced by another of his customers, and he ALSO claimed that he had multiple copies of his database of "redeemed" 2FA coins, with conflicting data or corruption. I suspected Tim was running a fraud at that time and decided to file a police report instead of taking a 1BTC payoff from Tim at that time because I suspected taking any funds from Tim could implicate me in receiving stolen or laundered funds. At the time, the police took my report but didn't act because it was under the monetary limit for being a felony case, and I couldn't get a California DA to act across state lines on such a small amount, and it wasn't even worth my time to pursue, back then.

2022: It seems other users are now realizing that the 2FA coins are not all redeemable, or maybe none of them is redeemable any longer because Tim's website is down and Tim is missing / no longer responding to emails about the Titan coins. Tim's liabilities on those coins is now in the millions of dollars, maybe he still has the money, maybe not, nobody knows. It's missing and it cannot be accessed by the people it belongs to so it is now "theft" and "fraud", in legal terms, for all those people. Tim decides to send out (maybe) some scammy emails not under his official name or under official Titan company business, or maybe just some scammer is doing that to try to get peoples' redemption codes. Tim has MOVED all the bitcoin that was supposed to be in the 2FA coins meaning they are all UNFUNDED as of this moment, presumably to his personal wallet because Titan Bitcoin no longer exists as a business entity. Arguably this is an act of felony grand theft, and it is also acting as a fiduciary and/or money transmitter without a license. Fincen is contacted (by me) and opens a case against Tim / Titan for operating a money transmitter business without a license. Tim is believed to be in La Habra, CA but the local DA is not aware of the case, or not aware of the severity of the case against Tim, and has not issued a warrant for his arrest or indicted him for fraud or theft, yet.

Ah...thank you.  I will contact La Habra PD tomorrow.

For people asking about the FINCEN reporting angle. Be aware FINCEN is not interested in prosecuting fraud. They would be the ones who come down on Tim / Titan for running an unregistered money transmitter business, so that would be a civil fine sort of thing. What we really need is for the DA of La Habra, CA to take notice and for that to happen you need to file a police report claiming grand theft / fraud, with the La Habra PD. Tim's LinkedIn profile says that's where he is but I wouldn't be so sure. Once a DA decides to press felony charges, they should be able to find him as long as he's still in the USA...   What would be really cool is if in the new thread, people who are not victims don't show up to harass the victims, claim the victims are actually the ones scamming Tim, try to hock physical wallet products with fucking privkeys printed on them (which is exactly how we all got scammed, in this scam thread), and claim that Tim is actually still innocent, like MoparMiningLLC did. If you want to see a real shitstorm, go back to the thread from 2016 when I first accused Tim of running a scam because I couldn't cash out my 2FA coin. Everyone and their mother showed up to call me a scammer, it was all bullshit.

I agree with this.  The drama in the middle was very distracting, as I'm sure it was for everyone, when I first found this thread and was trying to get up to speed.  A new, concise thread, which summarizes where we are at as of March 2023, would be welcome.

That was helpful to see the two different types. Thank you.
Unfortunately, it looks like I have the 2FA version. Shit.
Firstbits on walletexplorer shows nothing. Double shit.

Only recourse at this point is the FINCEN report?

Do you have the full btc addresses of the coins? Does your certificate say PK or 2FA if you have them? If you don't have the addresses, I'd venture to guess they are 2FA coins, but if you do, check them on the blockchain to see if they are funded.

Edit - use walletexplorer.com if you have only the firstbits like on the coin pics.

This is what a PK coin looks like:

https://bitcointalksearch.org/topic/auction-2017-titan-01-btc-silver-1oz-private-key-pk-version-5400342

2FA -

https://bitcointalksearch.org/topic/m.58209864

How can I tell which one I have?

If you have the 2 factor authentication ones, then you are fucked. If you have the regular private key ones the. You should be fine… just from what I’ve gathered from reading

Yeah, I read through every page of the thread....all of the drama posts I mostly skimmed over...but yeah. I just happened to look up the Titan QR on my coins today and noticed the site was down...then I started looking for the whois info, did some googling and looking on the waybackmachine...found the dudes name and then googled 'Titan BTC Tim Fillmore' and that's how I ended up here. It was like the third or fourth result down, but I did notice it since everything else seemed irrelevant. Thank you for creating it.

I guess I'm not really sure what to do. I saw a few bits and pieces in here about what others have done, but I'm kind of confused...I bought these in 2013 and they are 2013 Silvers...I validated through them, believe they were funded, but I have yet to peel anything as I'm not sure what to do once I do. Should I peel them? If so, how do I check to see if there's any value? Can anyone provide like a simple 1, 2, 3? If there is value I should send them to a diff wallet and I suppose if there's no value on them then I'll also be submitting a form to that FINCEN link...what a shame.

I would recommend reading the last few pages of this thread.. I mean if I were you I’d probably read through the whole thread (skip through the drama posts), but the last few pages are what’s most important to know right now. 

One of the main reasons I created this thread was to warn others outside of BitcoinTalk whom I figured would be eventually searching for information via google once they found out that they were unable to redeem their coins.  I’m glad you were able to find it..was it easy to find or did it take some time? I was thinking of rewording the thread title to try and make it easier to find.

I don't know how I missed this but ditto.

please count me in this list as well

Hey everyone...I just joined as I tried checking the Titanbtc.com website this morning and noticed it was down for the first time since I bought my Titans...found this thread while googling around and my heart sank.

So it looks like I'm another victim of this cluster...

What is the latest? Is there anything anyone can do? I saw a link to FBI and another one to https://www.fincen.gov/contact - is there anything else we can do to try and figure out this mess? Has anyone begun the process for a class action lawsuit? I have yet to peel the holo off my coins...is that something I should be doing?

Thnx to anyone who responds!

Todamont,   Thanks for providing the case # for the FINCEN investigation into Titan Mint.  As a 2fa owner of two(2) bitcoins, I too have filed a report against titan mint using the case number you provided.

Thanks again!!

Todamont...thank you very much.  I see you've been dealing with this and Tim for a long time, so i definitely appreciate you passing along this information to someone just finding out about this horror.  I've always loved my Titan coins and the one 2FA coin I have I especially liked because it was first owned by Bithalo/HK and is supposedly the coin pictured in the Encyclopedia.  I always thought that was really cool and I planned on keeping this coin for a long time.  Well, I guess I can still keep it as a pretty little paperweight. 

I will be contacting FINCEN today and filing a police report.  Without any communication from Tim or Titan Mint, what else can we do?  This is straight up theft.  And good point about clawbacks.  I've been learning about them in the Celsius fiasco as well.  Wow...2022 was a GREAT crypto year.  Ugh. 

Cheers

Hello, I have received contact from FINCEN and they have opened an investigation into Titan Mint, and Tim Fillmore. If you are a victim of Titan Mint and their fraudulent "2FA coin" scam, please contact FINCEN and reference case #883150, so they can keep track of all claimants on this case.

You can use this form:

https://www.fincen.gov/contact

If you are considering accepting funds from Tim Fillmore, for your 2FA coin, be warned that you could be receiving stolen or "missallocated" funds, which could be liable to "clawback" in criminal and/or civil proceedings, to be fairly redistributed to all victims.

I really wish I didn't see this thread update today Sorry everyone who got snaked. I see he moved the coins a month after we started to check on this again. Good luck everyone.

@RealHummer, thanks for posting your thoughts/reply to Tim???, as it is exactly what I was thinking.  Who is this person give strange elaborate instructions?  Why only give the instruction to you and not post publicly for all to see?

I'm trying to be patient and give some benefit of doubt that our bitcoin wasn't stolen and our 2FA coins are just being 'restructured', but my patience is running thin.  I think if no real progress is made in the next few days, I'll have to fill out a police and FBI FINCEN report.  Not sure what else to do.

Havent done anything yet and do not feel comfortable in doing so. See last message I sent but no reply back.

Yes. It was a project called plexcoin.