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Author Topic: Suing Bitcointalk.org and Theymos for $20,000,000 for facilitating scams  (Read 4074 times)
Cryptcracker (OP)
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May 09, 2016, 09:51:17 PM
Last edit: May 09, 2016, 10:10:27 PM by Cryptcracker
 #1

Plaintiff: Cryptcracker and the people
Defendant: Bitcointalk.org, Michael Marquardt (Theymos) & staff

Complaint: Michael Marquardt has manufactured and endorsed an unsafe environment on bitcointalk.org that has resulted in many people losing millions of dollars in total as a direct result of Michael Marquardt and other staff actions.

General complaint

Bitcointalk.org is an internet forum centered around bitcoin and other crypto currencies. Bitcointalk.org is one of if not the biggest and most influential bitcoin and crypto currency communication sites in the world, Michael Marquardt and his associates used this fact as an opportunity to take advantage of people. The rise in price of bitcoin resulted in many new people joining the forum that weren’t to savvy and completely new to the space, once these people joined the forum they were greeted by scams that were even endorsed by some staff members. By even hosting these scams bitcointalk.org was endorsing them and choosing to put their members in danger.

Trendon Shavers (pirateat40) ponzi

One of the biggest scams hosted on bitcointalk.org was that of Trendon Shaver’s (which went by the name pirateat40 on bitcointalk.org) ponzi scheme. This ponzi scheme was endorsed by bitcointalk.org and resulted in Trendon Shavers controlling over 764,000 bitcoin, at the time worth $4.6 million, at today’s prices those coins are worth $353,869,520. Many other highly damaging scams were hosted on bitcointalk.org and if Michael Marquardt stays in control of bitcointalk.org another catastrophic scam will likely be hosted and endorsed by bitcointalk.org.

Reparation


A $20,000,000 settlement from the defendant payable to the plaintiff is required to solve wrongdoing that has been done. Bitcointalk.org may also be placed in the hands of the plaintiff as partial payment if the defendants can not pay the full $20,000,000.




AgentofCoin
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May 09, 2016, 10:02:10 PM
 #2

Plaintiff: Cryptcracker and the people
Defendant: Bitcointalk.org, Michael Marquardt (Theymos) & staff

Complaint: Michael Marquardt has manufactured and endorsed an unsafe environment on bitcointalk.org that has resulted in many people losing millions of dollars in total as a direct result of Michael Marquardt and other staff actions.

General complaint

Bitcointalk.org is an internet forum centered around bitcoin and other crypto currencies. Bitcointalk.org is one of if not the biggest and most influential bitcoin and crypto currency communication sites in the world, Michael Marquardt and his associates used this fact as an opportunity to take advantage of people. The rise in price of bitcoin resulted in many new people joining the forum that weren’t to savvy and completely new to the space, once these people joined the forum they were greeted by scams that were even endorsed by some staff members. By even hosting these scams bitcointalk.org was endorsing them and choosing to put their members in danger.

Trendon Shavers (pirateat40) ponzi

One of the biggest scams hosted on bitcointalk.org was that of Trendon Shaver’s (which went by the name pirateat40 on bitcointalk.org) ponzi scheme. This ponzi scheme was endorsed by bitcointalk.org and resulted in Trendon Shavers controlling over 764,000 bitcoin, at the time worth $4.6 million, at today’s prices those coins are worth $353,869,520 million. Many other highly damaging scams were hosted on bitcointalk.org and if Michael Marquardt stays in control of bitcointalk.org another catastrophic scam will likely be hosted and endorsed by bitcointalk.org.

Reparation

A $20,000,000 settlement from the defendant payable to the plaintiff is required to solve wrongdoing that has been done. Bitcointalk.org may also be placed in the hands of the plaintiff as partial payment if the defendants can not pay the full $20,000,000.

What is your cause of action?

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May 09, 2016, 10:05:50 PM
 #3

This ponzi scheme was endorsed by bitcointalk.org and resulted in Trendon Shavers controlling over 764,000 bitcoin, at the time worth $4.6 million, at today’s prices those coins are worth $353,869,520 million. Many other highly damaging scams were hosted on bitcointalk.org and if Michael Marquardt stays in control of bitcointalk.org another catastrophic scam will likely be hosted and endorsed by bitcointalk.org.
I sure hope this isn't your official statement of claim. You should probably proofread it before anything else.
Cryptcracker (OP)
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May 09, 2016, 10:10:46 PM
 #4

This ponzi scheme was endorsed by bitcointalk.org and resulted in Trendon Shavers controlling over 764,000 bitcoin, at the time worth $4.6 million, at today’s prices those coins are worth $353,869,520 million. Many other highly damaging scams were hosted on bitcointalk.org and if Michael Marquardt stays in control of bitcointalk.org another catastrophic scam will likely be hosted and endorsed by bitcointalk.org.
I sure hope this isn't your official statement of claim. You should probably proofread it before anything else.


Dumb mistake, thanks for the heads up.
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May 09, 2016, 10:14:57 PM
 #5


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May 09, 2016, 10:15:37 PM
 #6

Plaintiff: Cryptcracker and the people
Hey I never agreed to let you represent me regarding this. I doubt that anyone else has either
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May 09, 2016, 10:31:56 PM
 #7

Here I am wondering how are you even gonna pay your legal fees if any lawyer actually takes up your offer

vodaljepa
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May 09, 2016, 10:43:31 PM
 #8

Here I am wondering how are you even gonna pay your legal fees if any lawyer actually takes up your offer

Some lawyers will take a percentage once case is settled so you pay nothing upfront

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May 09, 2016, 10:48:01 PM
 #9

Those that go looking for angles in life at the cost of other peoples honest creations tend to get whats coming to them.
Meaning stop pretending you care about a community when you are looking to bankrupt its owner under the guise of some pretty weak argument. Man up and stop looking for the easy route!

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May 09, 2016, 11:11:33 PM
 #10

OP is a whiner. so you lost that amount of money? It's the internet and if you aren't careful you're going to get scammed. There are escrows in place for a reason, and you can't blame the administration of this site for your losses.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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May 09, 2016, 11:25:41 PM
Last edit: May 10, 2016, 01:17:19 AM by AgentofCoin
 #11

Here I am wondering how are you even gonna pay your legal fees if any lawyer actually takes up your offer

Some lawyers will take a percentage once case is settled so you pay nothing upfront

That is very not likely for this type of matter or its circumstances.
It will be very hard to find a good law firm that would take this up on contingency.

Also, there isn't really any money in this anyway, so this is just fappin in wind.

Edit: fixed redundant word and underlined "very".

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May 09, 2016, 11:42:01 PM
 #12

Really? this guy on Kijiji said that he was selling gold bars half price and somehow they were fake... So I'm suing Kijiji for $20M naturally.

No, I didn't lose $300M. I actually didn't even buy the fake gold bars. But it's the principal!

I say good luck to you OP! You'll need it! That and one he'll of a shady lawyer.
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May 10, 2016, 12:02:16 AM
 #13

You need to pass us some of that shit you're smoking OP
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May 10, 2016, 01:44:08 AM
 #14




Who the hell is "Michael Marquardt?


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May 10, 2016, 02:30:50 AM
 #15

Here I am wondering how are you even gonna pay your legal fees if any lawyer actually takes up your offer

Some lawyers will take a percentage once case is settled so you pay nothing upfront

That is very not likely for this type of matter or its circumstances.
It will be very hard to find a good law firm that would take this up on contingency.

Also, there isn't really any money in this anyway, so this is just fappin in wind.

Edit: fixed redundant word and underlined "very".

I would agree it's highly unlikely a lawyer will take this case based on a percentage.  Ones they do on percentage in most cases are sure bet's that they know they will see a check after possibly months if not years of work.

Lawyers like getting paid though so most likely they would advise OP it's highly un-likely he get's anything.  But if he is willing to pay them to fight a battle they know is a loss some lawyers would take it on.  

But your mentioned.... about doing something in the wind... is pretty much right on this.  You will notice it does not have a law-firm's name attached to above that tells a lot.
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May 10, 2016, 03:31:10 AM
 #16


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May 10, 2016, 07:50:59 AM
 #17

Plaintiff: Cryptcracker and the people
Defendant: Bitcointalk.org, Michael Marquardt (Theymos) & staff



I can't even being to describe how ridiculous this is. Example: You have a hotmail account. You receive an email from the Nigerian prince asking for your personal information for money transfer. You give him that information. Things go "nicely" afterwards. Do you sue hotmail for this? The only one that needs to be blamed is your own brain. Roll Eyes

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May 10, 2016, 08:02:53 AM
 #18

Since everyone is replying with meme's.I'd like my dank meme to be a part of them.

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May 10, 2016, 12:05:12 PM
 #19

Do you sue hotmail for this? The only one that needs to be blamed is your own brain. Roll Eyes
No, I don't think so. He'd probably sue the Nigerian prince.

Life sucks.
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May 10, 2016, 12:10:50 PM
 #20

Not sure if this is the right section for posting jokes, also you've missed April 1st by some days,
but hey, I had to smile, so I'm gonna say Good job, OP.

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