BigVern got spanked in court, lawyers get paid anyway using liquidated property, everyone else involved enjoy justice and maybe a few pennies each. Yea, quite the punishment. Ok, so Vern gets to run away to china with as much crypto as he can steal and live with his whore. His ex wife gets $250k of the stolen money gifted to her from the lawyers. The employees continued to draw a paycheck from stolen money from the users after the hack The ones paying the settlement and the lawyers... the people who got robbed of course. did I miss anything? Everyone involved made out in the deal expect the people who had money in craptsy. You can order Vern to pay 1 quintillion dollars... he dont care. He is in china. Hes not planning to make the trip back. If he ever decides to come back, his lawyer will file a motion to set aside the verdict due to lack of proper service and the whole thing will get washed away again. By then there wont be any point in going after the cash, as vern will be broke by then... so they wont retry it without a chance of payout. |
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Well, if I'd have known DASH was going to moon like it did, then I'd have been more serious about putting in a claim....these creeps got away with more than the courts realize. The more a see the prices surge, the angrier I get....I accepted my losses and abandoned this thread a long time ago....but grrrrrrrrrrrr: "Where my money now, biatch?"
Even if it went to the moon twice, the payouts were locked as of the time of the closure. So only the price at that time matters. Same with BTC. |
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ummm... ok. but isnt bitFinex located in China? The same country the US still has no treaty with? IE... the FBI cant get anything from there, and cant do anything about?
Why do you think Paul Vern (al la craptsy) is hiding there?
But BitFinex could be open to help US authorities to track a criminal. They actually have a page about their "Law Enforcement Requests Policy"[1] and could be willing to cooperate. [1] https://www.bitfinex.com/legal/law_enforcement_requests_policyit will not help them financially to do so... im thinking it wont happen... but good luck. |
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ummm... ok. but isnt bitFinex located in China? The same country the US still has no treaty with? IE... the FBI cant get anything from there, and cant do anything about?
Why do you think Paul Vern (al la craptsy) is hiding there?
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Well this is annoying, i've only just now heard about this lawsuit and the deadline for claims closed in May? what kind of crap is that? i had almost 2 bitcoins on cryptsy and now i cant claim them because some arbitrary deadline has passed? this is peoples money, you cant put a deadline spanning a couple of months on that!
What are my options now? i have my old username, plenty of screenshots but not much else, can i still recover at least some of my funds?
Ummm my bet would be nothing. Class action lawsuits are structured, and if you miss a deadliine, you would have to be able to prove there was no way you could have known. Think coma or jail... If you were in jail or in a coma, you might be able to do something... but I dont think so as the settlement has been approved. Contact the lawyer and ask, by all means.... but dont get your hopes up. |
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I wonder if the one person is eternal / cryptocracker They /he/she/it was claiming 1700+ BTC loss in one post here a while back. Not that after he tried to lie to everyone here and get cash from them anyone would believe it. |
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I posted in Off Topic about whether or not there is a bounty for Big Vern and Crypsty? Anyone care to answer here or there?
Yes, there is a bounty for the capture of Paul Vernon. Simply pick up his ass in China and bring him to an undisclosed location, whereupon torture his ass till he offers up the private keys for the U$20M+ worth of bitcoins he obtained under the auspices of a hack. I'll leave it your imagination as to what forms of torture you wish to employ, but it were me, I would start with ... https://www.youtube.com/watch?v=fg73Z4tmRcgis it necessary to get any information at all out of him? What if we just think that the torture was enough fun, and pay per view it to make the funds back for the users? |
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It was BitJohn quoted on this topic before from years ago about the cold storage practices. More than likely what he was told.. Vern is the one who should be doing the explaining here. And his hiding from this does not look very good. I just don't think it was started initially for scammy purposes. But people run a business to make money obviously. I think at some point Vern just wanted out and seen crypto in a long rut. His level of guilt is questionable a bit.. But he is guilty of wrong doing for sure. And I am not trying to be frugal about it either just saying 99% sure speculating from an outside perspective is not the same as being 100% sure. I think Vern was the hacker most likely and he had Mullick help him with the Lucky7coin shenanigans. It could have played out differently but that was my first thought when I heard about the hack. Why would Mullick be running downloaded new shitcoin binaries? When he said in the past he compiles them. And that bit of hacked code was not in the coin on launch either.. It was a newer commit where that IRC code was added. A lot of it doesn't seem right for the hacker story.. If Vern was infected why did he not state publicly what malware was installed on his network? All known malware is identified by name. And what security was he running? The hack claim is monumentally vague.. I know because I had to fix people's computers who were infected for a living. And it goes on and on.. Such as Vern claimed he did not know who to contact about it. But BitJohn mentioned AML related requests on them.. Uhhh duh? Any agency would redirect him to the FBI etc. Had he made the call evidence could have been collected.. On his PC's. And as the guy said earlier.. The other exchanges could have been alerted and money frozen etc. So yeah best i can tell Vern and maybe others also were behind it. What baffles me is the money never moved. And will it? No sane person would delete or lose the private keys. I contend someone is deliberately avoiding touching them but could. ..just thinking out loud (in poem form)  PS: Cryptsy China.. Oh so to you it seems BitJohn asking for AML documents means it was a delay tactic on their part to steal money as a collective? (not stating a fact just asking for clarification if I correctly read what you wrote)  Yes of course it was a stall tactic and added to the amount of data a corrupt company held. At the end, support was telling people to get their account to higher level to withdraw, knowing full well that would not work. Ask yourself, why would they do this? |
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 "Dear, Paul. The house finally sold and the kids are doing fine.
When am I allowed to come to China and live with you for the rest of our lives?"I am surprised she got away with it by claiming ignorance that her husband Paul Vernon was scamming Cryptsy and she knew nothing about it  She made 250 grand by acting... I say she did really good. The legal system made the theft of that 250k legal, so what more is there to say. Well played. |
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I already did the math and it's somewhere north of U$250 (average). So the poor chap from Spain that send 20,000 EUR to his Cryptsy account is basically getting back next to nothing. So sad. Did he file a claim and was he able to show those funds were in when they stopped withdraws? |
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"Cryptsy Class Action Settlement Update:
On June 2, 2017, the Court granted final approval to the class action settlement. A copy of the Order approving the settlement is posted on this website. In granting final approval, the Court has authorized the Court-Appointed Receiver and Class Counsel to complete the liquidation of assets that comprise the settlement fund. We expect this process to be complete by the fourth quarter, 2017. Once this process is complete, the parties must file with the Court a motion that provides the results of this process and seeks the Court’s authorization to disburse the Settlement Fund in accordance with the Class Action Settlement Agreements.
At the same time, the Claims Administrator and Class Counsel are reviewing the claims submitted by Settlement Class Members.
We expect to start distributing the Settlement Fund in the first quarter, 2018. If this changes, we will post additional updates here." I wonder what the average payout will be for those that registered for the class action on time I already did the math and it's somewhere north of U$250 (average). I dont think its going to be even split between users. It will be based on shares of loss. so if user a lost 2 BTC and user B lost 1 btc, one share would be paid to user b and 2 shares to user a... What bothered me was the part where they said any non distributed funds would be given to charity. Are you kidding? There should not be any. The lawyers are taking 33%... and the numbers wont add up for all the losses. Where did you see the Part About non-distributed funds being given to Charity? I remember readon it in the paperwork, but cant remember where. Anyone remember seeing this or I am just high again? |
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"Cryptsy Class Action Settlement Update:
On June 2, 2017, the Court granted final approval to the class action settlement. A copy of the Order approving the settlement is posted on this website. In granting final approval, the Court has authorized the Court-Appointed Receiver and Class Counsel to complete the liquidation of assets that comprise the settlement fund. We expect this process to be complete by the fourth quarter, 2017. Once this process is complete, the parties must file with the Court a motion that provides the results of this process and seeks the Court’s authorization to disburse the Settlement Fund in accordance with the Class Action Settlement Agreements.
At the same time, the Claims Administrator and Class Counsel are reviewing the claims submitted by Settlement Class Members.
We expect to start distributing the Settlement Fund in the first quarter, 2018. If this changes, we will post additional updates here." I wonder what the average payout will be for those that registered for the class action on time I already did the math and it's somewhere north of U$250 (average). I dont think its going to be even split between users. It will be based on shares of loss. so if user a lost 2 BTC and user B lost 1 btc, one share would be paid to user b and 2 shares to user a... What bothered me was the part where they said any non distributed funds would be given to charity. Are you kidding? There should not be any. The lawyers are taking 33%... and the numbers wont add up for all the losses. |
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https://bitcointalk.org/index.php?topic=1890786.msg19829120#msg19829120That is an example of deliberately keeping a crooked operation running to pay off the losers. When i seen that topic all i could think off was Cryptsy and.. How i heard users were willing to donate money to keep Cryptsy going. Your opinions ? Should Cryptsy have kept running with some donated money ? I won't say who suggested that to me but his name starts with Vlad and ends with Vlad  the owner scammed the users, and then wanted the users to donate to keep the scam going.. hmmm yea sounds like a great idea :-) |
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Read my last post above where I alluded to Paul spending, spending, spending. Though this is a possibility there in no concrete evidence. I find it hard to accept that a thief would not withdraw, not exchange or not move the funds around just because he has a lot money to burn through while keeping him busy. That seems far too simplistic a view. If your assumption is correct then that is that but if it is not the case then what else could be the reason? The only people that can provide clarity are Paul Vernon himself or any of his cronies that were in on the scam alongside him. Better watch the talk about cronies. If you even suggest that there were insiders involved in any part of this jshock will ban you from the internet. :-) |
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I don't buy it. Even if we all saw him move the coins and send them to mixer after mixer and do whatever with them, what can anyone do about it? He is in a country with no extradition treaty and no fear of anything. He has already been proved to have stolen money to buy things for the ex wife, and he is still free to roam about as he likes.
Tell me, if he started spending the coins in China, what do you suppose could be done about it? At the moment it seems as though he has not moved the bulk of the coins. No one seems to know the reason why. Maybe he no longer has access to the wallets. Something is very strange about this whole situation. Why would someone steal millions of dollars worth of bitcoin and then not move them around nor spend them? He went through the process of running away effectively becoming a fugitive. Moving away from his family, friends and environment to a new country but is not spending the wealth he stole to fiund what ideally for anyone in his situation would be a lavish lifestyle. There are so many unknowns here.... I think he stole lots of money... no doubt. I dont know if he took the 11k BTC is what I am saying. He knows he is safe now... and cant get arrested for stealing it if he never comes back. He already stole lots of cash, why would he not spend these coins? It makes no sense at all. perhaps someone took them from him to draw out his other thefts... and then got scared at the amount and possible jail time and trashed the keys. All im saying is I dont see this as a vern move. Why steal them and not spend them when you have no chance of being punished for it? What part of the other millions of dollars worth of cryptos that Paul Vernon liquidated and is still spending don't you understand, hence having no need to date for the ~11K BTC? You really believe that he is just too wealthy to spend the stolen coins? I dont know ... sounds a bit far fetched. I would have thought he would have taken them and moved them to something else... esp with BTC at 2500+ What do I know... |
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I don't buy it. Even if we all saw him move the coins and send them to mixer after mixer and do whatever with them, what can anyone do about it? He is in a country with no extradition treaty and no fear of anything. He has already been proved to have stolen money to buy things for the ex wife, and he is still free to roam about as he likes.
Tell me, if he started spending the coins in China, what do you suppose could be done about it? At the moment it seems as though he has not moved the bulk of the coins. No one seems to know the reason why. Maybe he no longer has access to the wallets. Something is very strange about this whole situation. Why would someone steal millions of dollars worth of bitcoin and then not move them around nor spend them? He went through the process of running away effectively becoming a fugitive. Moving away from his family, friends and environment to a new country but is not spending the wealth he stole to fiund what ideally for anyone in his situation would be a lavish lifestyle. There are so many unknowns here.... I think he stole lots of money... no doubt. I dont know if he took the 11k BTC is what I am saying. He knows he is safe now... and cant get arrested for stealing it if he never comes back. He already stole lots of cash, why would he not spend these coins? It makes no sense at all. perhaps someone took them from him to draw out his other thefts... and then got scared at the amount and possible jail time and trashed the keys. All im saying is I dont see this as a vern move. Why steal them and not spend them when you have no chance of being punished for it? |
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I lean towards Vern being able to move the BTC..
But doesn't out of fear the BTC will be tracked.
Those keys may be buried in the back yard of a Florida mansion.
A scenario that would be tricky but not impossible to get at.
I don't buy it. Even if we all saw him move the coins and send them to mixer after mixer and do whatever with them, what can anyone do about it? He is in a country with no extradition treaty and no fear of anything. He has already been proved to have stolen money to buy things for the ex wife, and he is still free to roam about as he likes. Tell me, if he started spending the coins in China, what do you suppose could be done about it? |
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whoever it was that took the coins either lost the keys, or is in a position not to move them... ie jail, dead, ect...
I am not 100% convinced that vern was able to pull this off. He was stealing money the whole time from craptsy, and as evidenced by his lifestyle and the things he was able to buy with stolen coins and such... the idea of a major theft wouldnt make sense. He was rich already from stolen money. Why steal everything left and then leave it sitting forever?
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is there a problem with the mooncoin pool? I wanted to play with it, and tho it tells me I am mining and finding blocks, I am not seeing anything on the workers page.
I can pm my address if that will help
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I hope Paul Vernon makes a plea bargain with the authorities in the U S of A in which he is allowed to return back "home" to Miami (or where ever) and in return he surrenders the $7m or so that he stole.
Add to that an extra 50% on top of the original losses as a form of compensation so that makes his pay up around $10.5m and finally for him to pick up the legal fees so the lawyers will not eat in to the final fee.
That leaves Paul Vernon with well over $10m and that is enough for him to live in Miami or anywhere else with his ex-wife and his Chinese girlfriend.
Come on Paul Vernon, have some heart...
Where exactly are you thinking paul got all this cash? He ran off to China to start his new exchange bitebi9, and it failed miserably because he was trying to convince everyone he was not involved. Even the Chinese company was saying they are not involved with cryptsy while using the code right outta the box. In any event, I Dont believe that he is the one who stole the 13k btc in the first place. He would have been smart enough to liquidate it fast and THEN take off. Whoever stole those coins (I believe) lost / destroyed the keys. more than likely cause they were gonna get caught and didnt want to be found having them. There is no other reason for the coins to still be sitting in that wallet. Unless the person who stole the coins is in jail and will try to recover them when they get out. Additionally, There is no evidence that Paul is the one who wiped the servers that I am aware of. They were wiped for sure, but what would paul have gained from it? He already stole everything he could carry, and ran off not caring what was left as he was never coming back. No matter what was found on those servers, he would never have faced any repercussions over it. The server wipe looks more of a cover up after the fact. An employee who decided that they would get in trouble if anything were found on that server showing the truth about how much they knew. If the employees knew about the whole hack and stolen coin thing, they would be implicated and might even face jail time as they are unable to run away and leave the country like paul. So who had more to gain here? Try to figure out who had anything to gain from trashing the servers. Just me looking around... what do I know. |
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