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Author Topic: Matthew Neal Wright: You have been reported to the SEC and Korean authorities.  (Read 6585 times)
A Pimp Named Slickback (OP)
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September 09, 2012, 06:29:11 PM
Last edit: September 09, 2012, 06:46:05 PM by A Pimp Named Slickback
 #1

https://bitcointalk.org/index.php?topic=102918.0

Many of us in #btcst on Freenode have come together and filed against your unregistered, fraudulent hedging program. You as a US Citizen have victimized many abroad and domestically. You have broken many Security and Gambling laws in Korea and in the United States.

You will be brought to justice by either the SEC, Korean authorities or other international authorities.

If you have been a victim of Matthew's fraudulent conduct, please report it here under insurance: https://denebleo.sec.gov/TCRExternal/questionaire.xhtml
the joint
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September 09, 2012, 06:31:27 PM
 #2

Many of us in #btcst on Freenode have come together and filed against your unregistered, fraudulent hedging program. You as a US Citizen have victimized many abroad and domestically. You have broken many Security and Gambling laws in Korea and in the United States.

You will be brought to justice.

If you have been a victim of Matthew's fraudulent conduct, please report it here under insurance: https://denebleo.sec.gov/TCRExternal/questionaire.xhtml

How was anyone a victim? 

Was there any loss involved?

If there is no loss, how can there be a victim? 
jojo69
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September 09, 2012, 06:31:45 PM
 #3

Oh for fucks sake

I sincerely hope you are just trolling

The Bitcoin babies need the daddy/god/state to change their diapers again

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
A Pimp Named Slickback (OP)
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September 09, 2012, 06:33:06 PM
 #4

Many of us in #btcst on Freenode have come together and filed against your unregistered, fraudulent hedging program. You as a US Citizen have victimized many abroad and domestically. You have broken many Security and Gambling laws in Korea and in the United States.

You will be brought to justice.

If you have been a victim of Matthew's fraudulent conduct, please report it here under insurance: https://denebleo.sec.gov/TCRExternal/questionaire.xhtml

How was anyone a victim?  

Was there any loss involved?

If there is no loss, how can there be a victim?  

Matthew would've taken the funds of his bettors if he had won his bet. People only gave him this opportunity of huge winnings by fraudulently misrepresenting his enterprise.

It's a case of endangerment and severe fraud. Financial fraud is a crime in most first-world countries.
the joint
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September 09, 2012, 06:36:39 PM
 #5

Many of us in #btcst on Freenode have come together and filed against your unregistered, fraudulent hedging program. You as a US Citizen have victimized many abroad and domestically. You have broken many Security and Gambling laws in Korea and in the United States.

You will be brought to justice.

If you have been a victim of Matthew's fraudulent conduct, please report it here under insurance: https://denebleo.sec.gov/TCRExternal/questionaire.xhtml

How was anyone a victim?  

Was there any loss involved?

If there is no loss, how can there be a victim?  

Matthew would of taken the funds of his bettors if he had won his bet. People only gave him this opportunity of huge winnings by fraudulently misrepresenting his enterprise.

It's a case of endangerment and severe fraud. Financial fraud is a crime in most first-world countries.

Would have?  You're going to persecute someone over something that didn't happen?

Is this a joke? 
muyuu
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September 09, 2012, 06:37:54 PM
 #6

sub

Please post the sec.gov pdf link when available.

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jojo69
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September 09, 2012, 06:38:03 PM
 #7

Is this a joke? 

god I hope so

but given the stupidity demonstrated daily here I fear the worst

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
A Pimp Named Slickback (OP)
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September 09, 2012, 06:38:20 PM
 #8

Many of us in #btcst on Freenode have come together and filed against your unregistered, fraudulent hedging program. You as a US Citizen have victimized many abroad and domestically. You have broken many Security and Gambling laws in Korea and in the United States.

You will be brought to justice.

If you have been a victim of Matthew's fraudulent conduct, please report it here under insurance: https://denebleo.sec.gov/TCRExternal/questionaire.xhtml

How was anyone a victim?  

Was there any loss involved?

If there is no loss, how can there be a victim?  

Matthew would of taken the funds of his bettors if he had won his bet. People only gave him this opportunity of huge winnings by fraudulently misrepresenting his enterprise.

It's a case of endangerment and severe fraud. Financial fraud is a crime in most first-world countries.

Would have?  You're going to persecute someone over something that didn't happen?

Is this a joke?  

People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet. In essence, he has offered a fraudulent security which he marketed to many as a hedging instrument.

There has been financial loss.
A Pimp Named Slickback (OP)
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September 09, 2012, 06:43:35 PM
 #9

sub

Please post the sec.gov pdf link when available.

I encourage you to file. The more people that file, the quicker this can be resolved.
the joint
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September 09, 2012, 06:47:24 PM
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People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet. In essence, he has offered a faulty security which he marketed to many as a hedging instrument.

There has been financial loss.

1)  If, as you claim, he offered a faulty security, then why was it in the gambling subsection?  Moreover, if everyone really thought this was a hedging instrument, then why did no moderator place the thread in the appropriate forum section?

2)  Financial loss?  To whom?  How would you calculate this loss?
Severian
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September 09, 2012, 06:51:15 PM
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People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet.

So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
A Pimp Named Slickback (OP)
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September 09, 2012, 06:52:38 PM
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People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet. In essence, he has offered a faulty security which he marketed to many as a hedging instrument.

There has been financial loss.

1)  If, as you claim, he offered a faulty security, then why was it in the gambling subsection?  Moreover, if everyone really thought this was a hedging instrument, then why did no moderator place the thread in the appropriate forum section?

2)  Financial loss?  To whom?  How would you calculate this loss?

His service meets the legal definition of a security. The forum's policies have no relevance.

Who here has suffered financial, emotional and other losses from Matthew's financial service?
muyuu
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September 09, 2012, 06:57:00 PM
 #13

sub

Please post the sec.gov pdf link when available.

I encourage you to file. The more people that file, the quicker this can be resolved.

Well, I only had a testimonial bet for shits and giggles with him. Anyway I can email the Financial Services Authority here in the UK as he's flying to London in a few days.

To report a scam:
http://www.fsa.gov.uk/consumerinformation/scamsandswindles
http://www.fsa.gov.uk/consumerinformation/consumer_contact

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the joint
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September 09, 2012, 07:02:54 PM
 #14


People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet. In essence, he has offered a faulty security which he marketed to many as a hedging instrument.

There has been financial loss.

1)  If, as you claim, he offered a faulty security, then why was it in the gambling subsection?  Moreover, if everyone really thought this was a hedging instrument, then why did no moderator place the thread in the appropriate forum section?

2)  Financial loss?  To whom?  How would you calculate this loss?

His service meets the legal definition of a security. The forum's policies have no relevance.

Who here has suffered financial, emotional and other losses from Matthew's financial service?

If his service was in the gambling section, then it's clear that the intent was to be a gamble and not a security. 

I'm interested to see who suffered any calculable, financial loss.  You said "there was financial loss," and I want to see it.

Emotional loss?  Are you serious?  Are you sure it's not just the inevitable result of being a bad gambler and being irresponsible with money?
goodlord666
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September 09, 2012, 07:07:11 PM
 #15

I still don't know what this is all about.

I missed out on a major event it seems.

I feel so disenfranchised!  Cry


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September 09, 2012, 07:11:31 PM
 #16


People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet.

So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?

+1

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September 09, 2012, 07:17:58 PM
 #17

People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet.
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?

I prefer lynch mobs and private justice, but if you don't have any effective means of retribution BTC is not going to fly and will remain an insane asylum of jokes, scammers and trolls.
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September 09, 2012, 07:21:13 PM
 #18

I love how a bunch of angsty teens seem to think the State goes away if you don't look at it and ignore it.

To change the rules, you have to play by the rules. Grow up, guys.

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September 09, 2012, 07:26:31 PM
 #19

I love how a bunch of angsty teens seem to think the State goes away if you don't look at it and ignore it.

The State is a thief and a murderer and should be avoided whenever possible.

BTW, I'm most likely much older than a majority of this forum. If you're looking for teen angst, try reddit.
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September 09, 2012, 07:28:54 PM
 #20

I love how a bunch of angsty teens seem to think the State goes away if you don't look at it and ignore it.

The State is a thief and a murderer and should be avoided whenever possible.

BTW, I'm most likely much older than a majority of this forum. If you're looking for teen angst, try reddit.

Whatever it is, it's there for the bad so you're just a self-defeating moron if you don't use it for your own good, even if it's in order to subvert it.

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