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Author Topic: Ziggap Dumped Shares and Shutdown Website  (Read 464 times)
BitSlut69
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April 02, 2013, 03:31:37 PM
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Whats the deal with Ziggap? Rumor has it the founder or owner dumped all his shares and the website has been down for a couple days.

Did they take the money and run, or is this just another offering of shares and they are also adding features to their website at the same time?
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danieldaniel
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April 06, 2013, 04:08:07 PM
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Here's what I know, in summary format:
His BTCJam loan is 5 days overdue.  The payment that is due is around $15.4k (as of now).

He was on IRC yesterday but didn't really say anything useful.  He's currently MIA on IRC.  Usually, he idles on there 24/7.

I used to work for ZigGap.  I'm not going to say exactly how many shares he owns, as I don't think it's public information, but it's a pretty fair amount.  Less than half, but more than a fifth.

When I worked at ZigGap, I don't think there was more than 15-20 orders a day.  I'm not sure how much he makes on that, but considering all the downtime, and the dividends he pays, is that even ENOUGH to pay back the loan every month? 

I have no idea if this rumor is true.  I do know, however, that his site is down AND his loan is 5 days overdue.  I also know that he usually makes dividend payments every Thursday.  He hasn't made one this week.  I ALSO know that his site has been down for the past couple of days.

All of this, added together, really seems suspicious.  I have a feeling that he might have ran.  I don't think that he did this to scam us, but because he didn't have another choice.

alferg
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April 15, 2013, 07:09:28 AM
 #3

Over 2 weeks ago, I bought ฿11.00000000 for $993.30 AUD on ZIGGAP... I have had no reply to several emails, & the bitcoins are STILL not in my wallet!

I'M NOT HAPPY! WHERE'S MY MONEY??
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April 28, 2013, 03:48:48 PM
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Over 2 weeks ago, I bought ฿11.00000000 for $993.30 AUD on ZIGGAP... I have had no reply to several emails, & the bitcoins are STILL not in my wallet!

I'M NOT HAPPY! WHERE'S MY MONEY??
ZigGap is gone.  Your money is probably gone Sad.

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