Godbtc.net | 130% ponzi |Only 1 Comfirm|Truster and Instand Payou | Round 2

[sonysasankan]

I've put a trial amount.... and I can see in the chain that others have put in after me. Lets see if the payout comes.... atleast it will be made public... but definitely better than playing dice in gambling sites, where you have a less that 1% chance of winning

Dumb I have already submited a request to the hoster/server to take this website down for it being illegal.

thanks for doing that, no one else deposit to this

SCAM

as you now run the risk of the host pulling the site.  RiverBoatBTC has already gotten many of the other's killed.

Ha ha ha ha.... really? They just take it down? Well that's kinda dumb. With no payment gateway on the site to transfer any country's "real" currency or even anything remotely contradicting the hosting provider's TOS? Most hosting usually dont restrict content.... just the bandwidth breakers like torrents, file servers etc. Some few restrict on moral grounds to include pornography, religion etc. Ponzi's may be illegal in a country, but its only when you're dealing with fiat currencies. BTC is basically a virtual commodity (like software).... it cannot be treated as a currency. So I don't understand the "illegality" of the whole thing.

Think the law will disagree BCST
https://www.sec.gov/litigation/complaints/2013/comp-pr2013-132.pdf

Hmmm... interesting. But its just accusations from the lawyer's side. Any idea what happened to the case? Like what was the ruling? Jail? Fine? i cant seem to find any info online about it. Just the key words bring up a lot of news items about shavers and the accusations only. Did it not go to trial?

[RiverBoatBTC]

Type pirate40 into the search box or bitcoin savings and trust

[spixel]

Hmmm... interesting. But its just accusations from the lawyer's side. Any idea what happened to the case? Like what was the ruling? Jail? Fine? i cant seem to find any info online about it. Just the key words bring up a lot of news items about shavers and the accusations only. Did it not go to trial?

Ignore the scaremongerer, they have their own agenda (to hide the fact they are scammers themselves)

[FUR11]

Anyone who willingly gives money to someone who doesn't know how to spell/use the words "trusted", "instant" and "payout" deserves what they get.

(Hint: what you'll get is a loss of coins)

[RiverBoatBTC]

Hmmm... interesting. But its just accusations from the lawyer's side. Any idea what happened to the case? Like what was the ruling? Jail? Fine? i cant seem to find any info online about it. Just the key words bring up a lot of news items about shavers and the accusations only. Did it not go to trial?

Ignore the scaremongerer, they have their own agenda (to hide the fact they are scammers themselves)

See these noobs do not know about ponzi's of the past, I will tell the story.
Once upon a time there was a guy name Trendon Shavers Aka pirate40, he had a system that paid 7% weekly to all depostis at his bitcoin savings and trust. The so called scaremongers warned all the sheeples about it but no one would listen. It got to the point where he would only accept large bitcoin deposits of 250 coins if I recall correctly. There was even pass through operators that would pool funds from smaller investors so everyone could get a piece of this fantastic thing. All while fearmongeres were warning people to stay away. One day Mr. Pirate40 did not pay and million and millions of dollars and the  money was all gone. Search box about Pirate40 BS&T and bitcoin savings and trust or pirate pass through.

[sonysasankan]

Hmmm... interesting. But its just accusations from the lawyer's side. Any idea what happened to the case? Like what was the ruling? Jail? Fine? i cant seem to find any info online about it. Just the key words bring up a lot of news items about shavers and the accusations only. Did it not go to trial?

Ignore the scaremongerer, they have their own agenda (to hide the fact they are scammers themselves)

See these noobs do not know about ponzi's of the past, I will tell the story.
Once upon a time there was a guy name Trendon Shavers Aka pirate40, he had a system that paid 7% weekly to all depostis at his bitcoin savings and trust. The so called scaremongers warned all the sheeples about it but no one would listen. It got to the point where he would only accept large bitcoin deposits of 250 coins if I recall correctly. There was even pass through operators that would pool funds from smaller investors so everyone could get a piece of this fantastic thing. All while fearmongeres were warning people to stay away. One day Mr. Pirate40 did not pay and million and millions of dollars and the  money was all gone. Search box about Pirate40 BS&T and bitcoin savings and trust or pirate pass through.

That's all good.... but its just the same info spelled differently. What I want to know is whether the trial is over and what the sentence was. Or is the trial still ongoing? There seems to be a lot of guesses and no sources in the threads. What makes you say this is illegal? From what I read, all the accusations were for misrepresentation, which I understand is illegal. Its the same as a gambling website that advertises to people that winnings are guaranteed.... its falsely advertising the benefits and misrepresenting the risks. From what I can tell, nothing is misrepresented here...