You should know that for something to be fraud, there must be deception. As I've stated before, the DRK instamine is well known. DRK has FAQs that address it. It's 100% out in the open.
First of all, being buried in a huge FAQ is not "out in the open". Is it stated on the OP along with the coin parameters? Is it included in specifications page on the web site? Those are places where normally relevant facts and parameters about the distribution of a coin are stated. Answers: No and no.
Second, if this is all "out in the open" why do DRK supporters get so upset about it being discussed, attack the person discussing it (including claimed doxing, though I doubt that was accurate), go onto other coin threads complain about it being discussed, etc.?
Third, the DRK FAQ itself is little more than a vehicle for further deception:
1. It claims the instamine took place over 48 hours. In fact the main part of the instamine (>1.5 million coins) happened in under 8 hours
2. It claims definitively the coins were sold/distributed (and makes other unsupported statements) when in fact this is entirely unproven and in fact unprovable.
3. It offers no disclosure about some relevant events surrounding the instamine that cast a negative light:
a) Evan promising not to launch for a few days and then doing an ambush launch shortly thereafter with 2 hours notice.
b) That there was a "serious error" in the code during the first two hours of the launch, during which time >700K coins were mined by someone somehow.
c) Any statement about the goals or planned features for the coin was withheld until after the instamine was over. In order to have any reason to mine this coin during that time you would have to literally mine every single generic featureless coin launch, or simply be extremely lucky, which is implausible for any outsiders. In this way the instamine was effectively a premine.
d) Several cuts to the mining reward that were made later (including redirecting them to masternodes i.e. existing coin owners), increasing the relative size of the premine.
Ask yourself: why is it that every single thing that has ever happened before during and after the launch, as well as the subsequent supply of the coin, had the effect of decreasing outside participation and increasing share that benefits insiders? If these were a "mistake" or "accident" you would expect half to fall one way and half the other. Sorry, I don't buy this "coincidence"
Have fun with your instamined/premined scam coin, and go right on running it up as high as it'll go, just don't expect others to remain silent about it.
