Ziggap Dumped Shares and Shutdown Website

danieldaniel

hero member

Activity: 854

Merit: 1000

Quote from: alferg on April 15, 2013, 02:09:28 AM

Over 2 weeks ago, I bought ฿11.00000000 for $993.30 AUD on ZIGGAP... I have had no reply to several emails, & the bitcoins are STILL not in my wallet!

I'M NOT HAPPY! WHERE'S MY MONEY??

ZigGap is gone. Your money is probably gone Sad

.

alferg

newbie

Activity: 1

Merit: 0

Over 2 weeks ago, I bought ฿11.00000000 for $993.30 AUD on ZIGGAP... I have had no reply to several emails, & the bitcoins are STILL not in my wallet!

I'M NOT HAPPY! WHERE'S MY MONEY??

danieldaniel

hero member

Activity: 854

Merit: 1000

Here's what I know, in summary format:
His BTCJam loan is 5 days overdue. The payment that is due is around $15.4k (as of now).

He was on IRC yesterday but didn't really say anything useful. He's currently MIA on IRC. Usually, he idles on there 24/7.

I used to work for ZigGap. I'm not going to say exactly how many shares he owns, as I don't think it's public information, but it's a pretty fair amount. Less than half, but more than a fifth.

When I worked at ZigGap, I don't think there was more than 15-20 orders a day. I'm not sure how much he makes on that, but considering all the downtime, and the dividends he pays, is that even ENOUGH to pay back the loan every month?

I have no idea if this rumor is true. I do know, however, that his site is down AND his loan is 5 days overdue. I also know that he usually makes dividend payments every Thursday. He hasn't made one this week. I ALSO know that his site has been down for the past couple of days.

All of this, added together, really seems suspicious. I have a feeling that he might have ran. I don't think that he did this to scam us, but because he didn't have another choice.

BitSlut69

newbie

Activity: 51

Merit: 0

Whats the deal with Ziggap? Rumor has it the founder or owner dumped all his shares and the website has been down for a couple days.

Did they take the money and run, or is this just another offering of shares and they are also adding features to their website at the same time?

Topic: Ziggap Dumped Shares and Shutdown Website (Read 576 times)