How look situation right now? Is there chance that something will move forward, or we can already forget about MNY?

A former public schoolboy has been accused of being the mastermind of a multimillion-pound international cryptocurrency fraud, which netted him $30m and saw one investor commit suicide.

Daniel Harrison, who is the son of a senior City financier, is alleged to have lured American investors with an initial coin offering (ICO), used to fund the creation of a cryptocurrency.

Harrison, in his late 30s, according to US court papers, was the founder of Monkey Capital LLC, a Delaware company, and Monkey Capital Inc, a Singapore-based company, and used them for “fraudulent purposes”. The claims have been made in a civil class action filed in a Florida court. The filing comes amid increasing legal and regulatory concerns about the boom in crypto-currencies.

Harrison could not be reached for comment, but he has previously told the cryptocurrency website CoinDesk that the claims are “ridiculous”. He has yet to file a formal response.

The Monkey Capital class action alleges that investors ploughed more than $5m worth of bitcoins into the ICO in return for options called a coeval, which could in turn be exchanged for a crypto-currency called monkey coin.

The legal papers state that there are “at least hundreds if not thousands of putative class members”. One of the original plaintiffs, Jeffrey Heberling, recently committed suicide.

A trial date has been set for September 17.

Investors were told that these coins would “derive their value from the usefulness and popularity of the Monday Capital Market — a development and launch of which was entirely in defendants’ control”.

However, the ICO, which was scheduled for July 2017 according to the court papers, never took place and the six plaintiffs never got back their bitcoins. The coins are now valued at more than $15m (£11m).

The class action states: “800,000,000 of the Monkey Coins were issued to Daniel Harrison, who quickly converted them to other cryptocurrency and fiat currency . . . presently valued at $30m.”

Harrison, who is thought to live in Singapore, says he went to Lancing College and Oxford University.

His father, Mark Harrison, who was a senior figure at Deutsche Bank and Morgan Stanley, said: “I don’t wish to comment.”  

ah that, thanks windave, yes knew I wasn't getting that as it was a presale bonus, not an ICO bonus. Guess that other unhelpful fuck thomas was the idiot after all.

if anyone KNOWS the answers to what constitutes a trader liable for income tax (CGT is pretty simple) I'd be forever grateful for some input.

Thanks in advance :-)

that's the most helpful answer you could come up with? So.. I'm stupid, great. What bonus lol.

what was the bonus? I took part in the ICO...

there is? I wasn't aware... what bonus?

Is there any bonus for participants in ICO?

That doesn't correlate with their statement that they are honoring the 10k MNY per coeval... if you swap, you no longer have those to receive 27 MNY per day/per coeval on... as far as I can make out. Whole thing is a bit of a shit show, to put it mildly Smiley

So, according to the pdf I was pointed to at chat monkey, I *will* get MNY for the coeval in my waves wallet, at a rate of 27 MNY per coeval per day.

so I have the bunch of coeval still in my waves wallet, and still see no mny. Bored of checking in to this thread now, should I just cut my losses on this piece of shit coin?

ok, and just to clarify:

All I need to do is leave my coeval in my Waves wallet, correct? Or are there other steps to take on my side?

When is the ERC20 token swap happening?

Thanks.

so, my coeval that I've had sitting in my waves wallet for a couple of months or so - was I supposed to get MNY for those? I thought that was the case, or have I been scammed and left with a bunch of near-worthless coeval?

Gas is basically the price you pay to make sure your transactions go as fast as they do in the neo network (or eth network). It's quite valuable, and will only go up in value as the neo/eth networks get more volume.

You shouldn't claim your gas right now, but hold it. Depending on how much neo you hold, your wallet will generate gas. My estimate is that you earn 1 GAS a month for every 100 neo you own. Let's say you hold 50 neo in your wallet. This means in 10 years you'll have generated 60 gas. Given that the gas prices will only go up (as a result of the expansion of crypto itself and the inevitable rise in volume on the neo network), you can be sure each GAS is worth over 100$, so you'll have made 6000$ by doing absolutely nothing.