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I think once they saw his mickey mouse operation, they terminated his position.
The bankruptcy trustee has been appointed and she is taking $375 an hour for her work.
There will be nothing left for any of us unless they can find the coins Zach has hidden from the BFL refund and the miners he was pointing to other pools that we do not know about.
The only people that will see any money are the lawyers and hopefully Zach sees a prison cell for defrauding all of us.
Do you know is she is trying find those coins? And what will happen to that LRM lawsuit against BFL? |
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I fall on all Scam out there...  Another one... I think it's my "BTC exit" venture. I'm out of this. BTC is a great idea driven by scammers who will destroy it in the long term. They already destroyed my faith on it....i become a very Anti-BTC and Altcoin person and i warn every people i can about this fact, simply because i experencied it. Die BTC and Go to jail Zach, you scammer. This! |
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Hey all,
Due to many circumstances that have occurred since Aug-Sept of last year, LRM is no longer able to operate. Many factors contributed to this unfortunate event including lawsuit expenses, declining BTC price, and inability to host the hardware profitably anymore. Mining has ceased and the company has had to declare bankruptcy as of this time. This should not have been a total shock as almost all other mining contract based operations throughout the market have also ceased by this point, nevertheless it is highly unfortunate to have to bring this news.
Best of luck to all the bitcoiners out there,
Lab_Rat
Where are the ~ 500 BTC you got back from BFL??? I got my refund already so I know you got it. I see you switched your payment address from MegaBigPower on June 1. Have fun in prison. Anyone have a PACER account? Any updates on the lawsuit? You are right this does not end now! There is still a lot to bee solved. Like when he oversold that "asic project". Thats when I went a little to deep for my own liking. I cannot let this go yet. whatever that mean... |
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Due to the lack of any sort of action on this message board does that mean that anyone who had any serious amount of money in this has been paid out and signed a non disclosure agreement or currently part of a legal battle? Just seems to have been wayyy to quiet...
Personally I sunk a few bitcoins (Few hundred at exchange rate when I jumped onboard at the start)... Isn't going to change my life losing or getting them back... But is there anyone still here who knows anything who can comment? Or has lost significantly more and not doing anything about it?
I lost a decent amount and have not been paid off, wish I had... What is there to do? |
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There was something going to happen in the 1Q. Is their anything going on LR?
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Well any updates... Think there was a bunch of staff supposed to happen in the 1Q.
Email or PM LabRat and cc grnbrg, see if they respond. I doubt LR is checking this thread. will due! |
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Zach is making around 1.15 coins per day from mining and pays out approx 2 days worth of mining to the investors.
The rest is going in his pocket and to pay power. This should be illegal if it already isn't.
Where are the rest of the coins going and where is the ~ 500BTC refund from BFL?
Any updates on the lawsuit?
Well any updates... Think there was a bunch of staff supposed to happen in the 1Q. |
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Hi all, Interesting.  Seems LabRat doesn't live here anymore.  Cheers Dave He cant comment on that court case. And I think he said nothing will happen before the 1Q. One can only hope that court case goes away somehow before that. Think thats the only way we here from LR this year. |
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Where is the good news  The payout become miserable... Well last time there was supposed to be incoming good news. It was that we are broke but can buy more cheep contracts. And shortly after that btw we are being sued. So good news can mean pretty much anything these days  ps. Think LR said there would be no bonus this month.... Ok....but at least he can put the payout number here....seriously...what a mess... :/ Agreed! BTW Took a quick look at the website there was no mentioning that bonus could be cancelled, That could mean more trouble... Maybe I am blind or it is well hidden there I hope. Don't want more legal bs. |
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I guess we were financing LabRat's personal mining farm all along.
I Don't think so mainly because he does not strike me as the guy who wants to live the rest of his life underground. But feck if I know for sure! Only thing I know for sure is that you cannot trust anybody in the world of Cryptocurrency. The list of scams and feck ups get longer by the day |
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Where is the good news The payout become miserable... Well last time there was supposed to be incoming good news. It was that we are broke but can buy more cheep contracts. And shortly after that btw we are being sued. So good news can mean pretty much anything these days ps. Think LR said there would be no bonus this month.... |
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Windows Wallet problems. It does not give me full access. It loads but after that it does not show. Help! edit. Solved some strange way |
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stumbled on this http://amtminers.wordpress.com/Hope LR takes a look at the links. So that we don't get scammed again! I haven't really read true the threads. But this link was on a senior member. |
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Thank You so much FK for solving my wallet issue. It was about the block height.
Keep it up you rule man!
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Isnt that a bad return for the bonus hardware on the new PPS pool? 20% less? compared to the 10% loss in the "bonds" bought hardware.
It wouldnt be proportional, since operating expenses are covered through the bonus pool. Worse, those expenses occur in usd, and btc has been down. The irony is if btc were up, we'd all receive more btc... and it keeps dropping...... Why? I am sure there is a thread about it... Can someone point me to it pls... Or explain. TY |
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Little help guys... My Unobtanium wallet not want to be synchronized. I have 7 active connections. Thank you!
Hi! Are you new to UNO or have you held for awhile? If new, how did you hear about the coin? BTW Welcome! Since I mined on coinex. I took a interest in this coin! I been following in it regularly, in it for the long haul. My problems remain I have active connections, but just does not sync, it says it does but it doesn't. Where should I add the nodes? Here? libpng15-config Does not allow me to do it. Thanks again! |
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Little help guys... My Unobtanium wallet not want to be synchronized. I have 7 active connections. Thank you!
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And I decided to quit drinking, darn But there's the instant hungover |
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Another shady thing.. wondering how many of this "do not share" msgs are there.
+1 |
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I'm part of the "Us", i just dont have any hope in this proyect anymore, i already lost 75% of my investment.. but hey!.. great news! invest a little more!
What are you afraid of? Losing?.. you already lost right now, does any people expect ROI? in what? 25 million years?
I got a better return in pbmining than this in half the time and i get 8 times a week what i get on this for the same investment today.
I know and you are spot on. But voting against your own investment dude! Guess I am way deeper in this shit than you. ps. Try my link, pbmining is good. But so is spiting the risk. I learned that the hard way! Guess the only way I learn |
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