Thanks for that very informative reply, Nolo.

Im going offline for a day or two, have to work in my new house. After that I'm going to contact the Attorney General's office in Pasco county and report John to the FBI.

Oh and fill a a complaint with the IC3 as well, thanks for the link John. Bud. Always so helpful.

Unless my 12 BTC suddenly return to where they belong, which I highly doubt. Sigh.


Good point. I considered writing letters to his family but that would cause more pain then a couple of thousands of bucks are worth.

Mike (Micheal?) Burns
9600 Spanish Steps Lane
Las Vegas

Could be an old adres though. Mike is proving harder to track down due to his common name.

The status of the tracking now says " NOTICE LEFT "

Im guessing he wasnt home and USPS left a notice saying he can pick it up at the post office.

Turns out I grossly over-estimated the US Postal Service. It takes them a FULL WEEK to deliver a first class, certified letter.
According to the tracking info, it's still in the sorting station.

My plan was to allow John a week to get the funds together to pay us back, starting from the moment he got the letter. So I;m thinking about giving him a week from today. What do you guys think ?

I imagine that John will come to this thread after he reads the leter that I've sent him. Showing willingness to go after him should help. I want him to see that we're not going to let them keep our money. Willingness to sue and willingness to spread the word that he can't be trusted ( and preventing him from scamming others that way ! ) should be a strong insensitive to pay us back, if keeping a clear conscience is not enough reason.

So post about what you are willing to do if we get nothing from him after the deadline runs out.

Good idea.

John lives in New Port Richy, FL.
Mike's in Las Vegas, NV


The letter should be in John's mailbox any time now, by the way.

I don't think they are gonna care at all if they get a scammer tag. They haven't logged in in almost two weeks. After the 22nd I'm going to post their real names and addresses though, so we can name and shame them as well as sue them.
Nolo and I are strongly considering starting a civil suite against both of them. Hell, I don't even mind spending money on it if it makes it harder for them to scam again.

Your point being....?

bump

Thanks man. Yeah we need people with integrity. And to make any coin work we need something of value to add. Something usefull. Yet another coin without any added utility for the general public is a waste of time and total speculation.

I joined the PhenixCoin team because I thought it was really going to be the next step in cryptocurrency. Now it turns out our lead coder was in it purely for his own financial gain and didn't care at all about the people investing in it. Stealing from them via the premine. Sickening.

Now without any plans of adding value, I don't see a future for Phenixcoin, sorry to say. The only thing you guys have going for you is Ghostlander's support. A very intelligent an capable guy. Maybe there's still hope if you find people who can innovate for PXC. But why would they innovate for PXC instead of for a coin with a better reputation ?

We found proof that Mike saw the premine as his personal property, eventhough he always said it was for promotional purposes only.

http://bitcoinstats.com/irc/bitcoin-otc/logs/2013/07/17#l1374048699 scroll down to 08.13 or do a search for iamatrix.


This was recorded 7/17. He felt entitled to profit. This is probably why he has no problems at all with taking our money, he feels like he deserves it. This is how people  anti-social personality disorders think.

I very much regret not digging into his background  a little bit more before trusting him and John with so much of my money, time and  energy. 6 months and 5k euro down the drain.

But I learned a lot from it

Everyone, please post the ammount of coins John and Mike still owe you here : https://bitcointalk.org/index.php?topic=299765.20

John's getting a certified letter in the mail on the 15th. I've increased the term for him to refund us to the 22nd, so he'll have exactly one week to comply.

Again, my concern is getting everyone's money back, not hurting him. I will do everything in my power to make it very hard to pull something like this in the future, however.

Everybody, please post the ammount of your  coins that are still on PhenixEx in this thread, so we have it all in one place.

It's not as simply as that, not as black and white.

That's the end result though, you're right about that. Maybe it's not so much the intention that matters, but the end result.

Carmichael is not Johns last name. That's a fake name he uses.
And there are many Mikes with the last name "Burns".

The only way to get to Mike is through John, it seems.

Also, the premine... Yes it was sold by Mike. I was sick of it when I heard that. Its the reason I finally quit as the community leader for PXC. I defended these guys for months, and in the end the were lying to me. It's hard to find the words to express how angry I was at that betrayal. John fully blames Mike for this. Don't know if that's honest, though.

Well, Chondrite as a budding poker player I'm sure you understand the pott odds are very good for this hand ;-)

If he doesn't answer, at least I gave him a great chance. He deserves a heads up before a name and shame of the magnitude that's about to happen. I'm talking a shitstorm of apocalyptic proportions here. Who's with me, anyway ?

I'm still waiting for 9.9 BTC and 16k WDC. That's  12.28 BTC, worth 1243.13 euro.

My BTC can be send to the following adres : 15bRKXbZbQQJKRa7mR5XJ131WrfxxcxxFT
WDC :                                                    WbtPFEidRYGCX7vH7DkhazGcDAJmHftEit

Payment in Euro's to my paypal account is also acceptable. My paypal account is known by John.

I'm sorry to say that after quite a bit of consideration I am bowing out as community leader for PXC.

Last week I found out that Mike has sold the pre-mine. That upset me so much that I was literally sick for two days. Couldn't sleep at night. Epic betrayel, after months of him swearing that he would never sell the premine, and me defending him at every turn.
I'm done with Phenixcoin and to be honest, the whole cryptoscene has left a bad taste in my mouth and a vaccuum in my savings account.

I took a break from the forums for a while and now I'm back to try and clean up some of the mess left by Mike and John. Check out https://bitcointalk.org/index.php?topic=299765.0

Thanks Ghostlander.

Also, I spoke with MaGNeT and Jeancool and they're also very happy to have you as our new coder
Didn't get a chance yet to speak to Torszy and Nawazish yet but I have a feeling they will share the sentiment.

Please guys, lets stick to fixing this and transferring everything over instead of letting it derail into accusations and nasty posts.
I'd love to read something POSITIVE related to PXC for once.

Squeeze some stress balls or something.