They sold a little less than 30 million.


I wouldn't be surprised if they reach $8 within 3 minutes.

I would say higher than $50. There are only 30 mil coins and with a 90bn cap (like say Ripple) that is $3000 each.

They seem to be pretty banhappy. I joined their telegram and clicked on a link and got banned. I was only in there 2 seconds.

Email from nominet:
"Thanks for getting in touch about this domain name:

razormind.co.uk.

We've written to the site's registrant (and their registrar) to tell them they can either make changes to meet our opt-out criteria or we'll have to remove their opt-out and make the registrant's address public. They now have seven days to respond before we automatically do this."


There should be a 7 day window between 1/11 and 1/17 when the address is public before the domain name becomes unregistered due to failure to renew. Probably a fake address, but hey this is the kind of stuff one should expect to happen forever when they go around trying to rob people on the internet.

The internet never forgets!

What is power cost per kw? How clean and dry is it? Are they cooled (Houston is a hot and wet place)? Completely sealed cleanrooms? Are there internet connections in each room?

Send me the wallet and I will give you .5 BTC of it when I crack it.

Also, post the address so we can see it in blockchain.

Another link for American victims of ICO fraud. CFTC is handling ICO scams these days.
https://forms.cftc.gov/_layouts/PublicForms/TipsAndComplaints.aspx

CFTC has filed complaints against companies in Dublin Ireland before as seen here:
http://www.cftc.gov/PressRoom/PressReleases/pr6423-12


Jawad and Co. are in serious trouble!!!

Also....

whois info for razormind.co.uk shows this:
Expiry date:  17-Dec-2017


Looks like the site will go down soon if he does not re-register. I imagine since "someone" reported him as a trading individual they will be refusing registration unless he can provide real information to place in the whois. Think he will do that? I don't.

He should have offered refunds to anyone who asked and he wouldn't be in this mess. He could still mitigate damage to his ass by giving refunds even now, but so far I haven't heard of even one customer receiving their bitcoin back.

As bitcoin value increases it will become more and more in everybody's best interest to go after him for a refund.

Up until this DeOS thing he had an internet presence, but now it's obvious he is keeping a low profile. With his particular career choice it will be impossible for him to keep a low profile forever, and once he is out of bitcoin and out of money he will slip up and make himself easy to locate once again. It is quite apparent he isn't doing anything but playing video games now. If he were as smart as he thinks he is he would be putting those bitcoins to use to create an actual business (like say a real blockchain-based operating system maybe?).

actionfraud.co.uk

Jawad's old site back in 2012 (notice the very bottom of the page... "copyright 2012 razormind")
https://web.archive.org/web/20130215172401/http://www.instantcbt.com/

This is how it looked later.... I guess he couldn't get his cbt (cock and ball torture) business off the ground so he turned to allah instead
https://web.archive.org/web/20130605153314/http://instantcbt.com/

Facebook:
https://www.facebook.com/pg/Instantcbt/about/

Oh yeah and there is still this
https://bitcointalk.org/index.php?action=profile;u=246395

Also, razormind.co.uk is registered as a non-trading person so they can hide their info. Unfortunately for Jawad that is against nominet terms of service because he is using it for a company.
I guess somebody must have sent them an email to let them know this.

American scam victims are encouraged to file with the SEC here: https://denebleo.sec.gov/TCRExternal/questionaire.xhtml

The SEC has gone after bitcoin scams before, such as this one: http://www.zdnet.com/article/bitcoin-scam-firms-slammed-with-12-million-penalty/

Complaint filed with the United States Government

"Complaint Confirmation
Thank you. Your reference # is ########.

You have submitted a complaint via the online complaint form and it has been entered into our complaint database. You can access it to update or correct it by contacting us and identifying your complaint by its reference number.

What to Expect Next:
The participating enforcement agencies will use the information in your complaint to spot new trends, uncover new scams, and target suspect companies and individuals for law enforcement actions. It may help to ensure that others are not victimized in the way that you have been."

Also filed a complaint with the FBI, FTC and actionfraud. Also reported for suspected terrorism activities.

You think your crappy "user agreement" that nobody ever actually agreed to is going to save you but it won't. You're going DOWN Jawad and friends! FRAUD is FRAUD. Better get that ass lube ready, you're going to PRISON!!

The US Government has given the green light for BTC to be traded on Wall Street on Dec 10th. What you are seeing is everybody trying to get in before that happens. Only one company will be trading for the first week then they will roll it out to others through march.

https://www.barrons.com/articles/bitcoin-storms-wall-street-1512188427

A Gaywad Suckub video. Shows some info on him.

https://www.youtube.com/watch?v=PKo2Cshfob8

And his new blog site.

http://www.jawad.cc

More criminals involved in the scam who need to be brought to justice


https://www.linkedin.com/in/jayesh-sharma-13a9a011

https://www.linkedin.com/in/philsturgeon/

Simon Callender, his linked in says "Product Manager at Razormind Network Ltd"
https://www.linkedin.com/in/simon-callender-56387265/

Simon Callender's Twitter and Facebook
https://twitter.com/Goatboy8788
https://www.facebook.com/simon.callender

Phil Sturgeon's Twitter and Facebook
https://twitter.com/bigpoppaphil
https://www.facebook.com/philjsturgeon

Here you can see that Phil Sturgeon and Simon Callender are buddies.

If bitcoin keeps going up like it is, I imagine Jawad might start getting surprise visits from people he ripped off! Looks like he owes a LOT of people a LOT of money! I wonder how many are the unsavory type? I guess he might have to get used to living his life on the run.

Back when he started this scam bitcoin was only around $300 each... now over $10000.

Looks like facebook required him to prove his identity. Hah.

All the reasons they gave for stealing the domain and "fining" them were all bullshit lies.

They claim there were "bulletin boards" where people were selling drugs and the like. I think they are referring to the trollbox, where people would say just about anything for lulz.

Then they say btc-e did not verify identities. That's bullshit because they had one of the strictest identity verifications I had ever seen. It took me days to get verified (and I am American).

As far as people using it for criminal activities... far more people use BANKS every single day for criminal activities than ANY bitcoin trading site.

This is an obvious ploy for the US Govt to try to take control of bitcoin, lock down their worthless fiat and strike a blow to Russia all at the same time.

BTC-E was one of the OLDEST trading sites around. If they had been ripping people off they would not have lasted this long (incidentally, if people were being ripped off the united states government wouldn't give a shit anyway, they only care about their own interests not their citizens').

I hope these charges don't stick and I am still an avid BTC-E supporter.

They can try to stop bitcoin but it's unstoppable. No government in the history of the world has ever been able to stop trade, and currency has classically evolved on its own with zero government involvement. Closing down one site will just  piss off a bunch of people and 20 more will pop up (not to mention the financial incentives for doing so).

Old style media, old style banking, old style telecommunications and old style government is all changing and the old guard are going to try to do everything in their power to stop it.

Also, I have not seen this posted on this thread, so here it is:

https://coinidol.com/article-on-cointelegraph-reason-for-scammers-steal-6000-btc/

Looks like our bitcoins belong to the crown now.

If bitcoin goes up more it might be worth it to just fly over there and find him and "ask" for the money back face to face.

I haven't looked into it a whole lot but the team looks legit. If you look at their github you can see each member has been on github for a while and has done work. There really isn't much in their github that isn't related to the ICO, though. I don't see any sort of miner or node code although there is a thing called insomnia written in golang. I'm not a golang guy so I couldn't tell you if it's an actual miner or not. Maybe somebody else could comment on this.

But if you scroll up to my last  post you will see that they fudged numbers in their business overview document (if not an outright lie) which doesn't sit well with me.

I want to believe this is legit, but I am not convinced yet. This could be another DEOS scam but they did go farther than the scammer Jawad Yaqub and his fake company Razormind did. At least they have a github team to show, with people who look like real, active programmers.

I am hesitant to invest in anything that does not have code to backup their whitepaper claims. Sure they might be real but who says they will be able to deliver? This isn't the first time somebody wanted to turn processing power directly into currency (which is IMO the future of cryptocurrency).

Just my 2 cents. Take it or leave it.