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1  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Crypto Rush - Crypto to Crypto exchange on: April 03, 2015, 09:32:52 PM
A 3 second query turned this up, I'm sure more details could be found, but it would be beneficial for all for them to simply provide the current up to date information. Legally, if ownership and other matters have exchanged hands, it needs to be updated in all the proper paperwork, if it hasn't already.

http://www.corporationwiki.com/p/2g1k9c/cryptorush-llc

http://www.corporationwiki.com/p/2h2bd6/cryptorush-llc

2 Members:

Chad Creighton (also a part of Creighton Publishing, listed as the President)
Stephen Benignus

Houston, Texas, 77005
2429 Bissonnet St
2  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Crypto Rush - Crypto to Crypto exchange on: April 03, 2015, 09:12:27 PM
All you have to do is go to the state where they registered and look them up on the state business registration. All of the information is public domain, even LLC's. You only need the registered business name, or address, or individuals who filed/etc. There's even some websites out there which will look through all available states.

Kingdragon doesn't "secure" this information. When you become a Corp, all signees/trustees go on public record. He, and anyone working for the LLC, are required by law to provide the full disclosure when requested by an interested party.

I've been on the board of 3 Full Corporations and 1 LLC, and a part of numerous private ownership and similar businesses.
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 27, 2015, 05:58:56 PM
Their annual business filings will be when? July or April? I think it's just around the corner. Can't wait to see that.

As long as people allow folks like this to steal from them, they'll continue doing it. They closed up physical shop for a reason, to prevent people from seeking them out.
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 27, 2015, 03:34:47 PM
I have a feeling they don't satiate their lovers well, if they treat them like they treat customers--being in the final stages for .. half a year now.

What louses.
5  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 26, 2015, 12:59:49 PM
I may have to pursue something like this if they don't give us another lipservice update very soon.

You waited this long? When was their last update even?
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PotCoin | THE OFFICIAL COIN FOR THE CANNABIS INDUSTRY | Launched 01/21 @ 4:20 on: March 24, 2015, 04:41:55 PM
CannabisCoin is the future. I own a dispensary in Seattle Washington and it has the most real world use cases for me. That's why I chose it over this coin.

Take care all and happy investing.

My company:

http://www.leafly.com/dispensary-info/5-star-organic

Instagram: @5starorganic

Can you provide a simple/brief Pro/Con comparison list between the two coins as to why you chose one over the other?
7  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 23, 2015, 03:37:28 PM
So these fellas got away scot free with all the money and never delivered anything and none of the organizations chartered to protect consumers from fraud wanted to get involved ?

That sets a good example ...

Hilariously, my workplace is blocking the site now over security concerns. I can't even get there from work to see their page anymore.
8  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 20, 2015, 01:07:58 PM

Ok i got an answer from them: "This is encase you wish to topup your account with more postage/scanning topups for forwarding/scanning charges to be deducted from during the checkout. "


But dunno what does that mean?  Huh

It almost sounds like it allows you to prepay postal charges so that they ship mail without waiting for you to pay.
9  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 19, 2015, 05:08:46 PM
Has everyone given up hope that these assholes will actually ship something?

Back in July, yes. This case is closed.
10  Alternate cryptocurrencies / Announcements (Altcoins) / . on: March 16, 2015, 03:43:00 PM
I think it's a great idea that holders of dead coin have the opportunity to get bailed out with a viable alternative. That I understand. My post was to spark interest, so people can look into it on their own. Now, instead of trolling me you can do your own research … or not.

Wasn't trolling, I was just responding to your post seeking greater information. You did, afterall, post it from the standpoint of familiarity, which is why I asked. Yes, anyone can look into it and see if they find interest--but there are many of these hopeful groups around, and some of them have an end-game of suckering people out of their coin or money which is why I try to draw their validity to light.

Trolling - Sowing discord, starting arguments, posting inflammatory, extraneous or off-topic messages with deliberate provocative intent of disruption or derailing the topic.

11  Alternate cryptocurrencies / Announcements (Altcoins) / . on: March 16, 2015, 02:55:34 PM
I'm not part of the development team, but instead of asking how "they" benefit from this, you should ask yourself how you can benefit from it. If you don't find any reason, it's probably not the right thing to do.

I asked you because you were spamming it. if you can't answer the question, should you be promoting something you don't understand?
12  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 16, 2015, 02:51:57 PM
I can't get to their website this morning--this sometimes happens for me, so perhaps it's a fluke. Anyone else see if they have any new news?
13  Alternate cryptocurrencies / Announcements (Altcoins) / . on: March 13, 2015, 03:16:06 PM
Rimbit Co Ltd, the company behind Rimbit, is running a successful crowdfunding campaign ($124,989 raised) at Indiegogo: https://www.indiegogo.com/projects/next-evolution-in-digital-currency. They are currently offering a buyout opportunity to holders of KlondikeCoin.

Because you believe in the crypto currency idea, you – at some stage – had faith in KlondikeCoin. They hope that by exchanging your dead coin for Rimbit, your faith will also move over to Rimbit. Users are the most valuable asset to any crypto currency and its community, and it would be a shame if you were to lose interest in the crypto currency idea because of a poorly developed coin, when there are viable alternatives like Rimbit.

You should get in touch with them by posting at their forum: http://rimbitforum.com

Why would rimbit have interest in essentially providing handouts to people, aside from being a marketing jump-start? What is the tangible value behind the buyout?
14  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 13, 2015, 12:42:14 PM
There were at least a handful of storefronts he was running or involved with at the time, including a furniture/carpet company which had taken in a lot of investment money last summer. Tax records were public for all of these, and all but that new one were basically tanked with regard to solvency.


Just conjecture ... did you notice a pattern of creating artificial losses for accounting purposes for any of his father's clients, with the purpose of (for example only) reducing tax liabilities ?

It's certainly possible, there was no way for me to tell based on what I was reading. I did notice that what the father was involved with was clearly kept apart from what the son was involved with--the father's dealings appeared to be very clear and above reproach, he was involved in executing some valuable trusts, a couple of businesses which were in the black, and so forth. The Alpha owner appeared to be involved in mostly small or short-term ventures.
15  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 10, 2015, 01:05:38 PM
With as many other small short-term pack-up-and-go businesses as the owner has in his name, I'm surprised at how many people kept thinking there was no evidence for any possible wrongdoing.

What pages in this thread are those listed on?

I don't know offhand, maybe in the 190's. I researched he and his family and posted up business names, addresses, histories, etc. The father is well-known in the business/legal commerce world in that area with a good reputation. This might be why he cut ties early on. His son (the current owner?) has numerous small storefronts and efforts with friends/associates. I think some other folks also posted up their facebook profiles and you could access them for awhile.

All you have to do is search the public commerce, legal and business records in the UK, one of the websites cross-references things for you just by owner name.

There were at least a handful of storefronts he was running or involved with at the time, including a furniture/carpet company which had taken in a lot of investment money last summer. Tax records were public for all of these, and all but that new one were basically tanked with regard to solvency.

I and others stopped researching when it was evident folks here didn't care.
16  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: March 09, 2015, 01:58:21 PM
With as many other small short-term pack-up-and-go businesses as the owner has in his name, I'm surprised at how many people kept thinking there was no evidence for any possible wrongdoing.
17  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Crypto Rush - Crypto to Crypto exchange on: March 09, 2015, 12:48:10 PM
Well yes, that portion is correct. Rereading, I realized I left a portion out and I apologize. Let me try this again...

I mentioned that new wallets were downloaded and not fully synced, and the employee moving funds just used the new addresses to transfer funds as quickly as possible in an attempt to move the funds before the thieves could. Because of this and the speed it was completed, there were no confirmations of the coins in the new wallets. Fast-forward several months, we are trying to turn these safe wallets back on and several do not connect because either nodes have changed, wallets have been updated and we are trying to run an outdated wallet, etc. Because of this, many of the new (safe) wallets are reporting a 0.0 balance (the wallets are command line based and do not have a GUI which would show an unconfirmed balance). In order to see a true balance, we need to fully sync the blockchains to determine if we were successful in moving the coins to our wallets before the thieves moved the coins to theirs. The task at hand is determining whether; 1) a coin has a wallet update &/or fork which is why we cannot get any connections; 2) nodes have changed and the nodes listed in different coins' ANN threads are no longer relevant; or 3) the coin is truly "dead" and no active nodes exist, which could be why we get no connections.

I hope that clears up the issues I have been facing. As it stands, probably close to half of the coins report a 0 balance so I am unable to determine whether the coins are gone or just sitting in a wallet that cannot connect to a network. Also, because of the nature of the 2 hacks that were occurring it became frantic fairly quickly which led to the site shutting down last April. One hacker had been slowly leeching coins out of wallets unsuspected. As soon as he realized there was another hacker taking out chunks at a time, it became a race between each of the hackers and CR staff (at the time) to move funds to their respective wallets as quickly as possible.

Yes, that's a level of detail which should help some others understand--I was just trying to draw that out in a non-confrontational manner. Best of luck on those endeavors.
18  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Crypto Rush - Crypto to Crypto exchange on: March 06, 2015, 02:38:30 PM
Simply put, no that is not how the audits have taken place. We have the complete and intact database info, but it was/is a mess the way things were before. There was a small time between when the site was taken offline and when the new group gained control over the wallets. Because of this time gap and the way the original hacks occurred, there was a small window where the hackers could still move funds from the old CR wallets on their own whim, unbeknownst to anyone at the time. The fund transfers that did occur as soon as they were possible occurred as soon as a wallet was downloaded, not synced, and were once again safe. The time since then has been dedicated to coding a new site from scratch to provide a new platform by which it would even be possible to return funds to users in a secure way opposed to trusting every email which has come in saying, "I had this many Bitcoins (just an example), please send them to this address." The issue I have been facing since I recently took over the audits has been outdated wallets and the lack of nodes for these different coins.

I snipped what I believe is the relevant portion to my question, for reply.

If I understand what you're saying, the audits can't be done in a simple fashion by examining database information because the exchange backend (wallets) were transferring funds manually (via the thieves). Hence in order to back-track financial data, you need full blockchains for each compromised coin, and because some chains appear dysfunctional you're facing a dilemma. Is this correct?
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PotCoin | THE OFFICIAL COIN FOR THE CANNABIS INDUSTRY | Launched 01/21 @ 4:20 on: March 05, 2015, 01:47:16 PM
As a transport of value, PotCoin is functional, and works with several stores. If you want to buy something from the store, you can buy PotCoin and then spend it in the store.
20  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Crypto Rush - Crypto to Crypto exchange on: March 02, 2015, 02:04:02 PM
B. You seem to not care at all that you are Insolvent and there's no way at all you can pay back all the Coins you owe and you seem to not at all care. Every time anyone questions you as to When the repayments are going to be made or what your plan is CryptoRush.in "mysteriously" goes offline.

This is the point I made a long time ago. While their intent to try and pay back users is "nice", the lack of ability to ever do so makes it somewhat moot. Mathematically speaking, we'll be long dead before even a fraction of payback could ever result, and this is if fees were 10% or more.

I also have to wonder why it's taken almost a year to finalize an audit to determine what's toast and what isn't, particularly since there is no 'partial repayment' being made. It's database info right? You don't need the blockchain data to determine what happened, you look into your exchange database. The blockchain data should merely support the analysis. You align the data--what's left, what went missing, what should've been there--and then run some scripts to do the analysis. This is, at most, a month's work of work, but more properly in the right hands, maybe a week. If it's more complex than that, then explain your methods. Perhaps folks can assist by providing better methods.

JCR, do you have input on this (the red)?
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