Let me be very specific here. And you investors make up your mind from there. This will elaborate on my somewhat emotional conversation on Slack. My hands were literally shaking from emotion as it brings back very painful memories. I'm not afraid to confront it again though.
The point being he got 10% of BitBay for free that was sold on us. He got 191 BTC minus the 20 he put in the dev fund.
The dev fund was 100 btc. There was 5 members so you divide that by 5. Thats 20 each.
This deducts it to 171.
Steven did release the 2nd key to that multisig. It was a dev fund it wasn't Stevens money other than 20 btc.
https://blockchain.info/tx/7b1c9d0e062bdb61dd0565a98a1136c028c2b5bc05a0fa859aac2dde3d22d6ce?show_adv=falseBob and Gekko stole some of it so that lowered it down from 100 to roughly 50-60. I would have to check year old Skype logs to know exactly what Steven said they took.
Steven told me via Skype that him and Lin from BTER would raise it to over 100 but they never did. Instead he just gives me the 2nd key
to the multisig (you know its multisig BitHalo because it starts with a "3").
So if Steven/Lin added anything to that it was less than 16 btc. Since Bob and Gekko got 1/2 of the dev fund.
So that means Steven got 155-171 BTC and 10% of BitBay which he got for free. Steven Dai will not be wise to deny those numbers.
Then he admits much later that him and Lin bought some at the bottom so potentially Steven had 20%.
Dai will not deny this as he knows we can produce more chat logs and he himself can probably give you txids of his wallets. Ask him yourself.
He then proceeded to sell all of that on BitBays head while I stayed and built this project. He got free coins and didn't stay to help build this. Him leaving in 2015 is immediate. He started BitBay in November 11th 2014 so thats only a couple months. Our statement stands. By his own admission, he did in fact abandon this project with investors money and did no work in return for it.
If anyone thinks that is okay then that is very sad indeed.
If Dai wants to say he and Lin did not sell all their BitBay all he has to do is send .001 BitBay from each account he holds to prove how much he has left. Of course that will never happen. He rambled on slack about "Giving it to BTER" whatever that means. It went to the inky void I guess.
Why did I say "Steven is a nice guy" after the ICO went south? I was not happy with him at all. Lets make this clear. But I do try to be professional. Because everyone in BitBay was told by Steven himself he would not leave the project which turned out to be a lie. I have skype logs of me trying to contact him for years. Google voice logs of me trying to call him to no avail. After repeatedly pestering him he gave 500 dollars. He said he would do so every month. That also turned out to be a lie. I sent him messages monthly and private emails and phone calls which all got ignored after that. Dai may also claim he paid for a website and this is true as well. Our team did try to get him to participate it was extremely hard and was more work than its worth.
Dai raised the point that Elmer asked for a settlement. That is Elmers business, not ours. He got seriously effected since he flew to China and met Gekko and Dai and Lin in person and lost over 100 bitcoins. I personally have no interest in Dai's money. All I wanted was his time and energy to honor his word to investors.
Most importantly, this is the skype log where Dai pumps the coin with his own money
https://pbs.twimg.com/media/C5PCSNkWcAIrAay.jpg:largeThen he gets it all back with a refund from Lin(BTER). Lins exchange later gets "hacked" for millions of dollars in their cold wallet. They gave Bobsurplus 500 BTC before the project even finished funding which is extremely crazy. There is a txid for that. Bob claims he "did marketing" for that. Instead he FUDs his own project from Bays launch since it was a character assassination. The project was set up to crush me, it was a hit job. They chose the "Baywest" toilet paper logo for the BitBay logo. Something Gekko and Bob were proud of. None of their financials were made aware to me until I saw the ICO funding. I was the one to blow the lid open on it. Bob/Robert Duskes/International Rob was counting on that, used fake profiles to shill me the second the ICO started, Barabbas is Iconicexpert and Bobs shill profile(tons of evidence they use this to shill on the internet on reddit and other forums this was already exposed), and you can get clear evidence of shilling by looking up "Diabolic" for example on bitcointalk which Gekko/Ryan Wright created for the sole purpose of attacking me.
Bob starts a "Zimbeck is a scammer" thread to divert attention. No actual accusation was made by the way, its just a dump of chat logs proving i knew him. Guilty by association. And to be honest gets me upset that Bitcointalk mods did nothing about it. Mprep seemed to be partial to Bob in private convos which makes me lose a lot of respect for this forum. Theymos never even responded to a single message despite me trying at his emails, reddit and BCT. Because of the chat log spam it ranked high on Google. Bitcointalk lets anyone post an accusation and these propagandists counted on it.
To make matters worse they had been using me as a fall guy from the day the ICO ended and you can see evidence of this. Kronengburg broke under pressure and admitted to being paid to harm my rep. You can look at his comment history if you like.
https://bitcointalk.org/index.php?action=profile;u=377396;sa=showPostsSteven was just a liaison for Bobsurplus and Gekko. I didn't know who Bob was until a few days before ICO. They needed my name for the destruction of my reputation and profit off the years of hard work I put into Halo.
They all worked together on BitSwift as Paul from BitSwift will confirm. Its really old news. I made the mistake of claiming Steven was involved in Ghostcoin and that was a rumor I had heard a long time ago which i realize can't be backed up. However I do think Steven will even admit himself working on BitSwift and Paul can back up my claims and I doubt Steve will deny this. BitSwift was a Bobsurplus thing and that is not good news. Paul tried to warn me after ICO but by that time it was too late.
A bit of info on bobsurplus and what he did to BitBay:
https://bitcointalk.org/index.php?topic=891356.0We don't want to relive the past. Just be aware this is the guy running Qtum. It saddens us that Qtum is going forward with an ICO despite all this. We won't "fud" Qtum. We simply tried to prevent further damage Dai might cause by enriching himself with investors funds as he did with us. Anything beyond this you should direct your questions to Patrick Dai.
We will issue our condolences to the Qtum team as well and any conflict of interest developers may face working for him. Just take a very long pause to think about what is being said here and decide if you are okay with taking investors money and letting Dai manage it knowing what you know now. We personally think ICO is a bad idea. If Dai already got a million, why not prove his concept first and not even hold an ICO? If he releases a working project then move forward. Just run it on testnet until its done? But thats probably wishful thinking... there is no justice in crypto it seems. Can you prove he will not get free coins in Qtum? Can you prove he doesn't have a deal with private investors for them to get free stake or refunds from the ICO funding? The same modus operandi was used on us in BitBay and that you can prove beyond the shadow of any doubt.
BitBay has moved beyond what they have done, through all the adversity. I'm going to finish this project even if it kills me. Even if i don't make a dime off it. I've worked 2 years since ICO and will work 10 more for free if I have to. We don't want your money, angel investment, nothing. We are not interested in riding your marketing. This will be my last comment on the subject. My full time job is coding, not social media management.
Do as you wish with what you know now.
