Greetings forums users,
 
first off I want to apologize if this is posted in the the wrong forum thread, but I believe and hope it is correct.

I got involved with the BitClub Network around 2015-2016 and had a good run with it for a while. Made some money, bought more shares, then the entire thing collapsed in the summer/fall of 2019 due to the fact that the whole thing was, unknowingly to me, a huge Ponzi Scheme.

There is official information about the ongoing case and a questionnaire for victims (Reference link 1) which is to be sent to an @fbi.gov email address.
I have filled this out and sent it in back in mid-2020.
I am not a USA citizen, so I have my doubts that any of my "investment" will ever be refunded this way, but it sure doesn't hurt knowing there is a minuscule chance.


My question is really if there are any other members here on the forum, have you been at all contacted by the FBI or any other Departments of Financial Institutions?
Have you sought out any options to get money back either by civil lawsuit, or using one of the numerous "Scam retrieval" companies claiming they can get back your scammed money that has been lost?

I have, and have replied to every request from the US government, as I have nothing to hide and am also very interested in any possibly of getting all or even some of the money I invested back. Yes, I do know this is very unlikely.

But I would really like to hear if there are any other forum members who got lured into this Ponzi scheme and if you have any intentions to follow this case legally or otherwise?


References Links:
1) https://www.justice.gov/usao-nj/bitclub
2) https://news.bitcoin.com/us-man-pleads-guilty-in-722-million-bitclub-network-ponzi-scheme-case/
3) https://www.westword.com/news/bitclub-network-was-too-big-to-fail-but-cost-investors-722-million-11642618


Images from the Bitclub Network mining facility they supposedly had and operated located in Iceland:


Video commercial from the Bitclub Network mining facility they supposedly had and operated located in Iceland:
https://www.youtube.com/watch?v=XAGmDCRDtQ0

BitClub Network Ranks and Mining pools:

Amazing. I'll check that out asap.
Thank you very much all 3 of you. You've been more than helpful!

Hello and thanks for the quick replies.

Regarding transactions:
The wallet contains a total of 920+- transactions. (ranging from 2013 to 2017)
I'd say 80% are incoming transactions, and the remaining 20% are outgoing transactions.

Regarding the fee:
I am using the automatic "recommended" which is set at 0.00032521 BTC/kB.
I've also tried lowering the "Confirmation time target" to get a lower fee, but the difference is minuscule.

It seems like setting the fee manually could solve the problem. But it also seems that the size of this transaction will be quite large.
I don't have any issue with waiting days or weeks. I would just like to avoid the coins becoming unusable.

Any tips on how to find a minimal fee and estimate how big this transaction would be in byes or kB?

Greetings Forum users,

 I've been going through my old bitcoin wallets, and found one with some coins.
I had the private key and was able to restore the BTC wallet to Bitcoin Core.

However, when I try to send this to my Coinbase account, I get the error "The transaction amount is too small to pay the fee".
I haven't sent BTC via Bitcoin Core since 2017 so I may be doing something wrong.

I'm trying to send the entire amount and have clicked the "Use available balance" to fill in the amount to send. The "Subtract fee from amount" box is also checked. So I would think the wallet would subtract the mining fee and send the remaining balance.

I realize the miner fee isn't as low as it was back in 2017, but is the miner fee really 100s of euros these days, or am I doing something wrong?

Note! I only had the private key, and no pass-phrase. Not even sure I used one back then.

Appreciate any help.

Using Bitcoin Core v0.20.1 on Windows 10 computer.

(edit, fixed minor grammatical mistakes)