Find Trendon Shavers in person thread... [BTCST, BTS&T, pirateat40]

[CoinEntropy]

You know, though - I only just started really delving into the SEC evidence on the docket. It appears Moustakis did actually get a hold of Pirate/Shavers on the phone

25 on page 6

http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.1.pdf


Full address (this is the same address as was long-ago [mid-late 2012] alleged by forum sleuths) on http://ia600904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.9.0.pdf

ETA: Very possible that apartment is vacant -- he didn't own it. http://www.apartmentguide.com/apartments/Texas/McKinney/Regency-At-Stonebridge/27487/ ETA2: Summons doesn't list it, but it's APT 1507 they want...

What do you think will happen?

By the way, that report was thorough and I admire its professionalism and thoroughness. I believe that the investigations conducted in this legal formality owe much of its credibility to the community of bitcointalk that aided and created the investigation.

[Kluge]

What do you think will happen?

I guess that mostly depends on if Pirate's actually still in the same damned apartment.

I don't think the SEC can have anything seized for a civil case, which may otherwise lead to damning evidence. ETA2: Not to say the available evidence isn't already damning...

ETA: D&T is going through the evidence much faster than I am, heh. https://bitcointalk.org/index.php?topic=261290.msg2799597#msg2799597

From D&T's post (my bold):
Here, the Commission easily makes a prima facie showing that Defendants: (1) operated
a Ponzi scheme in violation of Securities Act Section 17(a), and Exchange Act Section 10(b) and
Rule 10b-5; and (2) sold unregistered securities in violation of Securities Act Sections 5(a) and
5(c). Moreover, Shavers diverted BTCST investors’ BTC to a BTC currency exchange
headquartered in Japan, misappropriating it for his personal use. Given the nature the conduct
and these violations, a preliminary order freezing Defendants’ assets, authorizing expedited
discovery as to the location and extent of their assets, directing them to repatriate ill-gotten gains,
directing them to provide verified accountings, and requiring them to preserve evidence is appropriate
and necessary to preserve assets for possible recovery for victims of this fraud. For
the same reason, an order temporarily freezing Defendants’ assets and requiring the preservation
of evidence is warranted to preserve the status quo pending a preliminary injunction hearing.
^could be denied, though...

[CoinEntropy]

What do you think will happen?

I guess that mostly depends on if Pirate's actually still in the same damned apartment.

I don't think the SEC can have anything seized for a civil case, which may otherwise lead to damning evidence.

What if he tries to leave the country? Shouldn't they flag his passport, or is that not legal in this type of litigation?

[riX]

What do you think will happen?

I guess that mostly depends on if Pirate's actually still in the same damned apartment.

I don't think the SEC can have anything seized for a civil case, which may otherwise lead to damning evidence.

What if he tries to leave the country? Shouldn't they flag his passport, or is that not legal in this type of litigation?

It said something about repatriation in one of the docs, where they mentioned asset freezing..

[pirateat4O]

You guys are funny...

[Kluge]

^Moustakis' forum account

[Inedible]

There are definitely people other than Pirate involved with GPUMax and his lending program. At one point, he told me "I have a group of coders that had it built, I have spent a lot of time on gpumax and didnt have the time to build it so I hired it out." It's concerning none of them have publicly come out, and the SEC's made no indication of even knowing them -- it's possible they never existed. If they didn't exist, I think it highly probable that "Trendon Shavers" is not Pirate.

There are either definitely other people involved or it's just a possibility. Both can't be true at the same time.

If there were other people, maybe he'll turn them over for a reduced sentence (if any).

[BCB]

His partners in GPUMAX are not secret. The information here is freely available on bitcointalk and around the internet.

GPUMAX TECHNOLOGIES, LLC
MICHAEL THALASINOS
5605 MUIRFIELD CT.
FLOWER MOUND, TX 75022

TRENDON SHAVERS
7951 COLLIN MCKINNEY PKWY.,#3015
MCKINNEY, TX 75070

ZACH NAKASKA
4645 PLANO PARKWAY,#12302
CARROLLTON, TX 75010

INCORP SERVICES, INC.
GPUMAX TECHNOLOGIES, LLC
815 BRAZOS ST STE 500
AUSTIN, TX 78701

[BCB]

This is interesting



http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.6.pdf

[KingOfSports]

Its scary how easily the SEC can follow the money of someone without much trouble. Good post BCB, definitely an interesting chart of his scheme.

[BCB]

It was said here or in another thread that much of the preliminary evidence are verbatim quotes taken off the bitcointalk.org public forum.

[zaj]

so. can someone translate all this stuff for normal people?

any chance we will see or  money back?
is there any money left ?
is he in custody?

[Raoul Duke]

so. can someone translate all this stuff for normal people?

any chance we will see or  money back?
is there any money left ?
is he in custody?

That would be: no, no and no.

[Ente]

This is interesting



http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.6.pdf

Damn.. I wish they would create such a nice chart on my finances, would really help with organizing things! :-)

Now who expected something to happen after all that time? Popcorn never runs out in Bitcoin-land!

Ente

[runam0k]

Its scary how easily the SEC can follow the money of someone without much trouble. Good post BCB, definitely an interesting chart of his scheme.

You mean except for the enormous amounts of bitcoin leaked to "Unidentified Sources or Recipients".

[Kouye]

Damn.. I wish they would create such a nice chart on my finances, would really help with organizing things! :-)

Just ask your banker. He has tons of charts like this about your own expenses, automatically generated every week/month. And this is not a joke.

Regarding the Shaver's one, it took a fair amount of investigation, time and effort. I'm pretty sure it would take weeks, if not months to make the same with, let me pick a random nick... TradeFortress expenses.

Because SEC acheived a (n obviously incomplete) one, does not mean it's easy.
Actually, all the opposite.

[BCB]

Guess where they got most of the info:

This Forum:
http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.4.pdf

His fiat accounts:
http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.5.1.pdf

Have no idea where this came from: (someone backed a GPUMax Database???):
http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.9.pdf
http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.8.pdf


Looks like Daphne P Downes did most of the work:
http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.5.pdf

[BCB]

This is interesting:

[Rampion]

Nice charts. It's shocking to see how bad this guy is at trading 

[infested999]

This is interesting



http://ia800904.us.archive.org/35/items/gov.uscourts.txed.146063/gov.uscourts.txed.146063.4.6.pdf

Where is that PDF originally hosted and why do you only have an archive.org link?

Also, aren't court documents like this one "evidence' supposed to be kept completely private until the case is over in the US?