Deadliftbrah is our new community manager. He will be launching a privacy awareness campaign to generate adoption of XST.

We look forward to having him on the team!

seems moolah killed SYS

still price didnt move.
all ICO people lost money on this........

community? ROFL!! have u visited irc?

I wish you the 15 guys at your lonely irc the best with your coin and puppet bitcointalk accounts

I'm not sure if I followed every details of the MOOLAH situation very well.

If I understand, right now we are pretty sure that Alex Green/Ryan Kennedy is in full position of the 750 BTC escrow fund? Is there an amount in SYS that he actually own?

I saw a few pages back that they found a wallet with 5 million SYScoin...was it him? Is it gone yet?

Looking to invest at low price but this situation is very tricky....

Hi there and welcome back! Here are the cliff notes, I'm waiting for a reply form legal counsel on what more we can publish at which point there will be more docs to share with all. The cliff notes:

- Syscoin working without issues, we were about to get our 10/14 payment as agreed from Moopay LTD escrow
- Moopay LTD (Moolah) randomly declares bankruptcy while still holding 750BTC of Syscoin escrow funds- the Syscoin team immediately initiates legal action via Selachii LLP solicitors located in the United Kingdom, where Moolah is registered.
- More and more news about the Moolah situation continues to come out, employees have come out with statements as well
- The Syscoin team remains committed to developing Syscoin- there is too much potential here to squander. We have several ideas about how this could work, but all of them depend highly on what goes on with the legal case. We are committed to really pushing forward blockchain tech, and Syscoin investors and holders will be coming with us. I expect the price to be in a lull for a bit as we work through this legal case. Syscoin is the first party to take action aginst Moopay LTD.
- Syscoin 0.1.5 RC4 released last night, removes the last technical dependency on any Moolah technical infrastructure (DNS Seed)
- We remain committed to the Syscoin vision, but we also respect how much this issue with Moolah impacts all of crypto. It is our highest priority to catch the person responsible for the stolen bitcoins. We are going to pursue parallel development on Syscoin while we deal with the legal and we're scaling back our spending to focus our funds on the legal battle.

There is a lot I cannot say because of legal. And we are open to an investor interested in and securing a large amount of Syscoin to ensure market growth or working with a group of investors to help further leverage Syscoin's blockchain technology enhancements to grow its value. These larger investors could have input and insight into Syscoin feature development and even serve to help network Syscoin with the right people. Just an idea, our team certainly has the skills and with the price so low, its a good time to get into crypto2.0 on the cheap.

We're still here doing our best, but we also want to catch the guy that did this to us, Syscoin investors, and the crypto community at large. As I've mentioned before Syscoin ain't stopping.