HashFast announces specs for new ASIC: 400GH/s

[Gleb Gamow]

here is 700k:  I am willing to bet simon has the keys to https://blockchain.info/address/1KFrqkEGy6Yq7X4SYCbYoj8HEwfbWVUDJ9

my 210btc is part of the 3000 btc at that address just 2 steps away from my payment.

You are probably right. It must be painful to see your coins sitting there in plain sight. F*ckers.

Public Note: This pos is currently holding around $2M worth of HashFast's creditors money and will do whatever he can to block the rightful restitution of the amount to the people he stole from.

Today: ~$700K USD

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[iCEBREAKER]

It would probably benefit you to read up on the bankruptcy laws for both 7 and 11.   Money does not "disappear" and assets cannot be "sold for pennies".   This type of behavior is not accepted by the court.

We will see about that one...

OK, we've now seen "about that one."

With the court's blessing, the assets were sold for pennies and the lawyers made the money disappear.

I guess armyof1ne didn't need to "read up on the bankruptcy laws" after all!   

[RoadStress]

With the court's blessing, the assets were sold for pennies and the lawyers made the money disappear.

I guess armyof1ne didn't need to "read up on the bankruptcy laws" after all!   

Actually it was HF who made all the pre-order money dissapear finalizing with their dissolution from the Bitcoin ecosystem.

[iCEBREAKER]

With the court's blessing, the assets were sold for pennies and the lawyers made the money disappear.

I guess armyof1ne didn't need to "read up on the bankruptcy laws" after all!   

Actually it was HF who made all the pre-order money dissapear finalizing with their dissolution from the Bitcoin ecosystem.

The pre-order money didn't "dissapear" [sic].  It was spent on designing and producing the ASICs, plus refunds.  How many times must that simple fact be explained to you?

I know that you think you know about some secret criminal thing the judge and the other ~12 bankruptcy lawyers somehow missed.

But you don't.  And you should stop pretending you do.  Because it makes you look stupid.

That's right, making wild, unsupported, and definitively refuted allegations with zero evidence makes you look stupid, as well as obstinate and paranoid.

And the lawyers did in fact make over 100% of the last $400k available disappear.  Poof!

[cedivad]

Actually it was HF who made all the pre-order money disappear.

Like magic.

[RoadStress]

The pre-order money didn't "dissapear" [sic].  It was spent on designing and producing the ASICs, plus refunds.

Clearly the most money went into PCB design and manufacturing, but we already know that you are a pathological liar so nobody counts anymore.

[iCEBREAKER]

The pre-order money didn't "dissapear" [sic].  It was spent on designing and producing the ASICs, plus refunds.

Clearly the most money went into PCB design and manufacturing, but we already know that you are a pathological liar so nobody counts anymore.

No, the most money went into ASIC design and manufacturing.  Even rush job PCBs are cheap compared to what TSMC & Co. charge for 28nm NRE/tapeout/masks/wafers.

I'm telling the truth; you're the one telling defamatory lies about HF's supposed secret crimes, which the Judge, US Atty, and ~12 other specialized lawyers/accountants somehow (magically?) overlooked.

Like cedivad, you are so pathologically invested in proving HF's pedestrian actions were, in one way or another, evil (secret disappearing money! secret escrow! secret mines! secret secrets!) that you cannot accept the plain old boring truth.

FFS, you can't even accept the incontrovertible fact that (as predicted) all the money obtained by selling HF's assets for pennies on the dollar is going to the lawyers.

BTW competitor CoinTerra just filed for chapter 7

If only HF had done this instead of waiting a month before converting to chapter 11...

I think letting them do it on their own would have left chap 7 as an option, forcing someones hand tends to get you the middle finger fast... people puff up in pride like "no, we got this" even still, the lawyer involvement was an extremely poor choice...  *insert told ya so*

qft

involving lawyers killed the company.

LOL, stupid cedivad.   Thinking isn't something he's good at!   You guys should start a club.   

[pmorici]

So during the bankruptcy thing was there an audit on how were the money spent? Because I'm damn curious where would 40M-50M$ vanish while producing only a handful of miners.  

this!

here is 700k:  I am willing to bet simon has the keys to https://blockchain.info/address/1KFrqkEGy6Yq7X4SYCbYoj8HEwfbWVUDJ9

my 210btc is part of the 3000 btc at that address just 2 steps away from my payment.

A complaint was just filed with the bankruptcy court identifying the owner of that address and asking that the coins be returned to the Hashfast estate.  Thanks everyone for pointing the address out if anyone has any other additional tips please let us know.

[cedivad]

About time. Guess I will need to find some time for this new, lovely page: http://hashfast.org/Marc_A._Lowe
Anybody knows what the A. is for?

https://cases.processgeneral.com/cases/document/case/5/hashfast-technologies-llc/120867/

[armyof1ne]

About time. Guess I will need to find some time for this new, lovely page: http://hashfast.org/Marc_A._Lowe
Anybody knows what the A. is for?

https://cases.processgeneral.com/cases/document/case/5/hashfast-technologies-llc/120867/

You guys might have done something constructive...

[Gleb Gamow]

About time. Guess I will need to find some time for this new, lovely page: http://hashfast.org/Marc_A._Lowe
Anybody knows what the A. is for?

https://cases.processgeneral.com/cases/document/case/5/hashfast-technologies-llc/120867/

That's a tough question! What could the A. stand for? Perhaps, Skropenis or Cuntmeier knows the answer.

[itod]

About time. Guess I will need to find some time for this new, lovely page: http://hashfast.org/Marc_A._Lowe
Anybody knows what the A. is for?

https://cases.processgeneral.com/cases/document/case/5/hashfast-technologies-llc/120867/

LOL, one of my posts at Bitcointalk officially accepted at US court as evidence!

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

[cedivad]

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

Scammer scammed alongside master scammers "Hey man, I'm need to talk to you in person, I can't leave an electronic trace of this conversation, I don't have a phone or skype, so I'm gonna drive an hour for it, are you ok with that?".

[MrTeal]

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

He didn't get paid 250BTC, he got paid 3000BTC or about $300k at the time.

[RoadStress]

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

He didn't get paid 250BTC, he got paid 3000BTC or about $300k at the time.

That's a lot of money only to eat shit...

[Minor Miner]

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

He didn't get paid 250BTC, he got paid 3000BTC or about $300k at the time.

That's a lot of money only to eat shit...

Wonder if Mark A Lowe paid Federal and State income tax on that 3000 BTC like he is obligated to do at the value the DAY HE RECEIVED IT?  It does not matter if the value went down later you know.   First you have to report the income at that day's settlement price and then if you do not sell and lose money, you have to report that as a capital loss....
Does the IRS have to pay the 15% finder's fee when you report individuals that have perpetrated fraud against the treasury?   Or is that only upheld when you turn in companies?   I think it includes individuals too since those doctors that got busted had their staff collect the "reward" right?   Does California offer finder's fees too?   I know it is only $353,000 but given his tax bracket he owed over $170,000 of that to the government.   Surely, he reported it right?   
If not, looks like someone is going to jail    
I sure hope he reported it, because once CA or US Treasury finds tax fraud, they can audit all the way back to infinity (the three year rule goes bye bye).   Hope he did the right thing OR that he has some good information to trade.

[ImI]

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

He didn't get paid 250BTC, he got paid 3000BTC or about $300k at the time.

that would be an insane amount just for mobbing around in this board for some months

[2112]

Wonder if Mark A Lowe paid Federal and State income tax on that 3000 BTC like he is obligated to do at the value the DAY HE RECEIVED IT?  It does not matter if the value went down later you know.   First you have to report the income at that day's settlement price and then if you do not sell and lose money, you have to report that as a capital loss....
Does the IRS have to pay the 15% finder's fee when you report individuals that have perpetrated fraud against the treasury?   Or is that only upheld when you turn in companies?   I think it includes individuals too since those doctors that got busted had their staff collect the "reward" right?   Does California offer finder's fees too?   I know it is only $353,000 but given his tax bracket he owed over $170,000 of that to the government.   Surely, he reported it right?   
If not, looks like someone is going to jail    
I sure hope he reported it, because once CA or US Treasury finds tax fraud, they can audit all the way back to infinity (the three year rule goes bye bye).   Hope he did the right thing OR that he has some good information to trade.

This is kinda shortsighted. I believe cypherdoc is an actual licensed medical professional (optometrist or some such). One of the conditions for the license is "good moral character". If you could find somebody who was his patient and whom he sold Hashfast miners that would be pretty much open-ended malpractice liability. You guys should really get some tort lawyer take a look at this case. An active insured medical practice in California could continue to pay damages for many years. No need to settle for measly percentage of a single payment.

http://digitalcommons.pepperdine.edu/cgi/viewcontent.cgi?article=1117&context=naalj

[stan258]

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

He didn't get paid 250BTC, he got paid 3000BTC or about $300k at the time.

That's a lot of money only to eat shit...

Wonder if Mark A Lowe paid Federal and State income tax on that 3000 BTC like he is obligated to do at the value the DAY HE RECEIVED IT?  It does not matter if the value went down later you know.   First you have to report the income at that day's settlement price and then if you do not sell and lose money, you have to report that as a capital loss....
Does the IRS have to pay the 15% finder's fee when you report individuals that have perpetrated fraud against the treasury?   Or is that only upheld when you turn in companies?   I think it includes individuals too since those doctors that got busted had their staff collect the "reward" right?   Does California offer finder's fees too?   I know it is only $353,000 but given his tax bracket he owed over $170,000 of that to the government.   Surely, he reported it right?   
If not, looks like someone is going to jail    
I sure hope he reported it, because once CA or US Treasury finds tax fraud, they can audit all the way back to infinity (the three year rule goes bye bye).   Hope he did the right thing OR that he has some good information to trade.

Would be at 37% taxable range right off the bat. should have deductions but that's no joke.

[Minor Miner]

Still can't believe troll (cypherdoc) received 250 BTC from HashFast just for lurking people on this forum to buy & get scammed, and then crying to HF they haven't payed him 750 BTC more. Scammer got scammed by master scammers.

He didn't get paid 250BTC, he got paid 3000BTC or about $300k at the time.

That's a lot of money only to eat shit...

Wonder if Mark A Lowe paid Federal and State income tax on that 3000 BTC like he is obligated to do at the value the DAY HE RECEIVED IT?  It does not matter if the value went down later you know.   First you have to report the income at that day's settlement price and then if you do not sell and lose money, you have to report that as a capital loss....
Does the IRS have to pay the 15% finder's fee when you report individuals that have perpetrated fraud against the treasury?   Or is that only upheld when you turn in companies?   I think it includes individuals too since those doctors that got busted had their staff collect the "reward" right?   Does California offer finder's fees too?   I know it is only $353,000 but given his tax bracket he owed over $170,000 of that to the government.   Surely, he reported it right?    
If not, looks like someone is going to jail    
I sure hope he reported it, because once CA or US Treasury finds tax fraud, they can audit all the way back to infinity (the three year rule goes bye bye).   Hope he did the right thing OR that he has some good information to trade.

Would be at 37% taxable range right off the bat. should have deductions but that's no joke.

This is all incremental income.   39.6% plus state.   California's highest state tax is 13.3%.   Strange he never sold any of them to pay his taxes.   Must have a LOT of spare cash lying around to pay that amount.
Here is the IRS form to claim whistleblower money.  I would attach the pdf of the court filing.    http://www.irs.gov/pub/irs-pdf/f211.pdf
California Franchise Tax Board has the same thing I believe.

Marc (cypherdoc);
What do you have to offer us (the people that got ripped off by HF) to NOT fill in these forms?
Do you have any information that would benefit us all?