[ANN] Titanium - World's First Decentralised Cloud Services Provider 🚀

[Notin2]

What the Hell! Every day you come to realize that blockchain still have alot of measures to take in other to reduce the evil intent of some scammers using the decentralized system of blockchain to openly robb investors of millions of $ through ico's and the likes,

I don't know what are necessary measures requires from investors to be taken to avoid such ill Faith, lossing monet to some undesirable elements is always painful and discouraging in most cases, too many similar cases, hope this perpetrators are brought to face justice some how.

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[flashbit]

read my post history. i been warning about this since feb...and i got shot down as being a FUD.

i reported this to the SEC multiple times and im glad they took down this scammer, surprise, they were already watching this guy since ICO ended.

I just read your posts, too bad I didn't read them in time.. especially this one where you said everything long time ago... my bad so, you've warned us...

Anyway, you look like a real interesting guy & I"ll try to see your next advice!

I've been speaking to some legal people i know, BAR might actually be in fact breaking SEC regulations according to this, it might actually be classified as a security token NOT utility (even though they say it is) which BAR might be in trouble for as they did not do KYC

If a token has a significant utility in the operation of the application, it may be less likely to be considered a security (since this characteristic may help the token to fail the Howey test, as discussed above). But, the reality is that utility tokens can indeed be considered a security under the definitions set forth in Section 2(a)(1) of the Securities Act of 1933 (1933 Act) and Section 3(a)(1) of the Securities Exchange Act of 1934 (1934 Act). If this wouldn’t be the case, every investment contract could just escape securities law jurisdiction simply by building in a trivial utility to the token. Imagine a tokenized share of stock, except the token also enables you to redeem it for a cat GIF.

https://medium.com/@argongroup/8-important-things-to-know-about-security-tokens-token-regulation-3d548a1a6367


i'll be submitting a complaint with BARs name and profile and the latest incidents with BAR to the SEC and see if they have any comment

https://www.sec.gov/tcr

[PandoraBounties]

When will be the Titanium platform fully operative?

[bileq]

all of SEC charges about ceo of titanium infrastructure Michael stollaire, and he is gone now, the team or company or rest of him still continues the working? what about them?

[Milarepa0907]

I will recommend everyone to be prepared mentally by having more such bags. Right now few projects have been disclosed whereas many still are running. It will be crying season for many people who invested in such hyped projects. I also am holding some of these and can't do anything except accepting my mistakes and bad decisions.

Could you specify those projects? Thanks

[JungleBook]

Just imagine what will be the price when the products will start and cannot wait to see the new exchange. Now the confidence is building up. Very informative newsletter. I m very sure that this will be very BIG in new future. Team is constantly working to make what they offered in ICO

[Milarepa0907]

Just imagine what will be the price when the products will start and cannot wait to see the new exchange. Now the confidence is building up. Very informative newsletter. I m very sure that this will be very BIG in new future. Team is constantly working to make what they offered in ICO

Man....looks like you lost your way 

[chocobo21]

When will be the Titanium platform fully operative?

I guess you didn't read the thread, The CEO and all the co founders will go to jail...this project is dead and there will be no platform or anything like that

[BonTonPlease]

Friends, but still wonder where is Michael now? Because project really came to an end. I really hope that it will be judged, but first you need to catch it. So, he was arrested or not? And yet, I think that trading this token will not be restored. So we should bravely survive this blow of fate.

Michael stollaire is probably in the SEC office and he will probably go to jail soon after all the investigation. He lied too much I don't think he will be a free man.

Too much? He pulled off one of the craziest story in crypto as of to date. All these partnerships and clients he pretended to have Pretty aggressive approach but it seemed convincing.

[Black Angel]

Lucky for those who have sold TBAR with any price, I was too late to follow this thread and news, initially I was sure that TBAR is a promising project, but unfortunately because now TBAR only become garbage in my MEW.

[BonTonPlease]

Lucky for those who have sold TBAR with any price, I was too late to follow this thread and news, initially I was sure that TBAR is a promising project, but unfortunately because now TBAR only become garbage in my MEW.

Unlucky but to be honest it was fishy here with all those allegations and this weird hack from an insider as someone here said. I didn't believe the story.

[ophyrim]

TBAR is a good lesson for all of us. Many well-known ICO reviewer joined the ICO, many well-known projects like electrum consociate with Titanium.
Look at the situation now. Thousands of people were scammed by the team.

[alvena]

Now that's not clear to what the developers expected? What no one will ever reveal their not an ideal plan? And why did they re-issue the token?

[Milarepa0907]

TBAR is a good lesson for all of us. Many well-known ICO reviewer joined the ICO, many well-known projects like electrum consociate with Titanium.
Look at the situation now. Thousands of people were scammed by the team.

You are right concerning TBAR, but there were also Bitconnect and Centra, which scammed not less people .....Crypto 

[S3MKi]

Hello guys. Has anyone wrote to SEC about how to return our money from ico?

I have received 2 letters from SEC wneh wrote to them.

Dear Investor:
Thank you for contacting the U.S. Securities and Exchange Commission (SEC).
On May 29, 2018, the SEC obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors. The complaint, unsealed in federal court in California, alleges an ICO investment fraud by Michael Alan Stollery aka Michael Stoller aka Michael Stollaire through two companies controlled by him:  Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc.  The court order also approved an emergency asset freeze and the appointment of a receiver for Titanium.   
The SEC’s complaint is available at https://www.sec.gov/litigation/complaints/2018/comp-pr2018-94.pdf.  A press release describing the SEC’s action is available at https://www.sec.gov/news/press-release/2018-94.   Check the SEC’s website, www.sec.gov, for updates on the case.

And few days later

Thank you for your follow-up email.
Depending on the outcome of the case and if the SEC ultimately recovers a monetary award, an investor claim fund may be established for the benefit of the defrauded investors. If such a fund is established, information will be available at https://www.sec.gov/litigation/fairfundlist.htm For additional information regarding how harmed investors may recover their money, see at https://www.sec.gov/oiea/investor-alerts-bulletins/ib_recovermoney.html. There is a process when distributing funds to harmed investors. Please note that the court or the SEC must approve an administration and distribution plan before any money can be distributed to harmed investors. Typically, a fund administrator or distribution agent will implement a claims process or other notification process to identify injured investors who may be eligible for distribution from a fair fund or disgorgement fund.
Sincerely,

Karen R. Flemming-McDowell
Investor Assistance Specialist
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission

So what to do investors now? how refund money from ICO?

[Notin2]

Hello guys. Has anyone wrote to SEC about how to return our money from ico?

I have received 2 letters from SEC wneh wrote to them.

Dear Investor:
Thank you for contacting the U.S. Securities and Exchange Commission (SEC).
On May 29, 2018, the SEC obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors. The complaint, unsealed in federal court in California, alleges an ICO investment fraud by Michael Alan Stollery aka Michael Stoller aka Michael Stollaire through two companies controlled by him:  Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc.  The court order also approved an emergency asset freeze and the appointment of a receiver for Titanium.   
The SEC’s complaint is available at https://www.sec.gov/litigation/complaints/2018/comp-pr2018-94.pdf.  A press release describing the SEC’s action is available at https://www.sec.gov/news/press-release/2018-94.   Check the SEC’s website, www.sec.gov, for updates on the case.

And few days later

Thank you for your follow-up email.
Depending on the outcome of the case and if the SEC ultimately recovers a monetary award, an investor claim fund may be established for the benefit of the defrauded investors. If such a fund is established, information will be available at https://www.sec.gov/litigation/fairfundlist.htm For additional information regarding how harmed investors may recover their money, see at https://www.sec.gov/oiea/investor-alerts-bulletins/ib_recovermoney.html. There is a process when distributing funds to harmed investors. Please note that the court or the SEC must approve an administration and distribution plan before any money can be distributed to harmed investors. Typically, a fund administrator or distribution agent will implement a claims process or other notification process to identify injured investors who may be eligible for distribution from a fair fund or disgorgement fund.
Sincerely,

Karen R. Flemming-McDowell
Investor Assistance Specialist
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission

So what to do investors now? how refund money from ICO?

Well from the look of things i think there's a tiny bit of hope that some how the SEC are able to recover the investors money then the investors claim fund could be established and all the ico investors will surely get their money back,
But Ofcours this will surely take some time to effect but it is a ray of hope that some how the SEC will uncover the fraudulent activity involve and deal with the culprit in accordance with the the law.

[memii]

You efforts to get these responses are highly appreciable and praised. It looks like the procedure will be very lengthy and individually will be much difficult for anyone to get money back. It is good to mobilize the investors to have common voice and on the same page to deal more efficiently with the case. It is very interesting what you got as reply and will define fate of similar cases in future.

[lordiuscuper]

Hello! What about Bounty? I don't find any information..

[BonTonPlease]

Hello guys. Has anyone wrote to SEC about how to return our money from ico?

I have received 2 letters from SEC wneh wrote to them.

Dear Investor:
Thank you for contacting the U.S. Securities and Exchange Commission (SEC).
On May 29, 2018, the SEC obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors. The complaint, unsealed in federal court in California, alleges an ICO investment fraud by Michael Alan Stollery aka Michael Stoller aka Michael Stollaire through two companies controlled by him:  Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc.  The court order also approved an emergency asset freeze and the appointment of a receiver for Titanium.   
The SEC’s complaint is available at https://www.sec.gov/litigation/complaints/2018/comp-pr2018-94.pdf.  A press release describing the SEC’s action is available at https://www.sec.gov/news/press-release/2018-94.   Check the SEC’s website, www.sec.gov, for updates on the case.

And few days later

Thank you for your follow-up email.
Depending on the outcome of the case and if the SEC ultimately recovers a monetary award, an investor claim fund may be established for the benefit of the defrauded investors. If such a fund is established, information will be available at https://www.sec.gov/litigation/fairfundlist.htm For additional information regarding how harmed investors may recover their money, see at https://www.sec.gov/oiea/investor-alerts-bulletins/ib_recovermoney.html. There is a process when distributing funds to harmed investors. Please note that the court or the SEC must approve an administration and distribution plan before any money can be distributed to harmed investors. Typically, a fund administrator or distribution agent will implement a claims process or other notification process to identify injured investors who may be eligible for distribution from a fair fund or disgorgement fund.
Sincerely,

Karen R. Flemming-McDowell
Investor Assistance Specialist
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission

So what to do investors now? how refund money from ICO?

Well from the look of things i think there's a tiny bit of hope that some how the SEC are able to recover the investors money then the investors claim fund could be established and all the ico investors will surely get their money back,
But Ofcours this will surely take some time to effect but it is a ray of hope that some how the SEC will uncover the fraudulent activity involve and deal with the culprit in accordance with the the law.

It's cool how responsive they are. I mean it is their job of course but I thought it may take them much longer to respond to emails from individuals.

[Zontop]

I don't care of my investment which is vanished already and this isn't first time I watched similar situation. I will be more happy to see these scammers to be punished and made a example for other people who are thinking to deceive people using false information. They are caught this is good for the moment.