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solarion
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May 12, 2014, 12:43:52 PM |
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We just saw this article today, and felt the need to clarify a few points in it as they did spend a little time talking about Pepper Mining but never even fired off an email to us, and some of the information therein has been a little damaging to us. https://peppermining.com/response-to-ars-technica-article/Long story short, Pepper Mining is not based in California and we do not have a partnership agreement with HashFast other than the HDK agreement we signed back in the early spring to be a licensee that can make boards based on their chips. They did say they were planning on doing a blog post about us, but the new and fancy sounding Premier Design Partner label for board designers is news to us and there is not any sort of business partnership between the two companies. If you guys are going to continue to deal with liars & thieves, like scamfast & bfl, then it seems you'll have to get used to getting hit with some mud yourselves. |
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BitCoin Operated Boy
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May 12, 2014, 03:53:14 PM |
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"We pretty much emptied the bank account into refunds,” WHAT AN UTTER LIE! |
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cedivad
Legendary
 Offline
Activity: 1176
Merit: 1001
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May 12, 2014, 04:25:04 PM |
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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solarion
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May 12, 2014, 04:29:33 PM |
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Shocking. These maggots have used lawyers & legalese to steal at every turn, nobody should be surprised. |
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pmorici
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May 12, 2014, 04:54:04 PM |
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Shocking. These maggots have used lawyers & legalese to steal at every turn, nobody should be surprised. This wasn't voluntary this is what Minor Miner and Entropy-uc were talking about doing last week in their thread, "Putting Adults in Charge at Hashfast" https://bitcointalk.org/index.php?topic=588068.0In other words if Hashfast owes you money this might be good news. |
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solarion
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May 12, 2014, 05:06:25 PM
Last edit: May 12, 2014, 08:06:10 PM by solarion |
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Shocking. These maggots have used lawyers & legalese to steal at every turn, nobody should be surprised. This wasn't voluntary this is what Minor Miner and Entropy-uc were talking about doing last week in their thread, "Putting Adults in Charge at Hashfast" https://bitcointalk.org/index.php?topic=588068.0In other words if Hashfast owes you money this might be good news. Seriously doubt a chapter 7 bankruptcy claim will be net good news for victims. More likely this is hashfast's response to avoid paying refunds to customers victims. Investopedia explains 'Chapter 7'
The investors who take the least risk are paid first. For example, secured creditors take less risk because the credit that they extend is usually backed by collateral, such as a mortgage or other asset of the company. Next in line are the unsecured creditors, and then the investors. This phenomenon is known as "absolute priority." IOW you're screwed by crooks and their lawyer lapdogs. Two scamfast companies, one incorporated in Delaware. No this was a screw job from the get go. Edit: you may be correct given the number of unrecognizable names listed in that pdf. I certainly hope this action results in a shutdown of hashfast, an interruption of the ongoing fraud, and some measure of relief for their creditors(customers). https://business-bankruptcies.com/cases/hashfast-technologies-llcBaker & Hostetler, LLP is representing creditors. |
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BitCoin Operated Boy
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May 12, 2014, 08:46:48 PM |
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Shocking. These maggots have used lawyers & legalese to steal at every turn, nobody should be surprised. Now we will receive nothing. As expected. I predicted 2 months ago that they are insolvent and there you go! Fraudsters |
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solarion
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May 12, 2014, 08:56:08 PM |
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Shocking. These maggots have used lawyers & legalese to steal at every turn, nobody should be surprised. Now we will receive nothing. As expected. I predicted 2 months ago that they are insolvent and there you go! Fraudsters Please see this: https://business-bankruptcies.com/cases/hashfast-technologies-llcThis document appears to have been filed by hashfast's creditors. This may in fact turn out to be good news. |
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bkminer
Full Member
Offline
Activity: 216
Merit: 100
Don't let the nam-shub in your operating system.
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May 12, 2014, 09:15:28 PM
Last edit: May 12, 2014, 10:17:03 PM by bkminer |
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EDIT: I'm going to refrain from commenting about that situation (PepperMining)...
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cedivad
Legendary
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Activity: 1176
Merit: 1001
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May 12, 2014, 10:59:08 PM |
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Anyway... 3 articles on ars, front page of reddit, lots of mentions almost everywhere (even @Bitcoin) and tens of thousands of chips on hand...
The Bitcoin network spends 5 millions a week to finance it's expansion process. How could HashLabs possibly fail in the meanwhile? Independently from how hard they tried to destroy the company, I think that they have still a long way to go.
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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Legend21
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May 12, 2014, 11:35:15 PM |
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So its it now bye bye 6800 usd ?? I paid 600 usd for shipping? It wasnt even shipping? I mean wtf? and now?
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BitCoin Operated Boy
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May 12, 2014, 11:43:26 PM |
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Shocking. These maggots have used lawyers & legalese to steal at every turn, nobody should be surprised. Now we will receive nothing. As expected. I predicted 2 months ago that they are insolvent and there you go! Fraudsters Please see this: https://business-bankruptcies.com/cases/hashfast-technologies-llcThis document appears to have been filed by hashfast's creditors. This may in fact turn out to be good news. Hopefully... Amy Abascal replied on Twitter to a question about them filing for bankruptcy: "There has been a motion to force us to file. We are evaluating options but we don’t have answers yet. We did not file that" |
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solarion
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May 12, 2014, 11:48:02 PM |
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Shocking. These maggots have used lawyers & legalese to steal at every turn, nobody should be surprised. Now we will receive nothing. As expected. I predicted 2 months ago that they are insolvent and there you go! Fraudsters Please see this: https://business-bankruptcies.com/cases/hashfast-technologies-llcThis document appears to have been filed by hashfast's creditors. This may in fact turn out to be good news. Hopefully... Amy Abascal replied on Twitter to a question about them filing for bankruptcy: "There has been a motion to force us to file. We are evaluating options but we don’t have answers yet. We did not file that" What I'm saying. Edit: you may be correct given the number of unrecognizable names listed in that pdf. I certainly hope this action results in a shutdown of hashfast, an interruption of the ongoing fraud, and some measure of relief for their creditors(customers). https://business-bankruptcies.com/cases/hashfast-technologies-llcBaker & Hostetler, LLP is representing creditors.] |
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Legend21
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May 13, 2014, 01:05:49 AM |
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Knew this happend all along, thats why i keep asking refund since January, fcking shit, now they bankrupt, do they still shipping batch 3? or whats now with batch 3 and 4
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joshv06
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May 13, 2014, 07:01:21 AM |
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 What the fuck is that damn asshole in the middle looking at? I can't believe he even showed his face at the TX BTC conference. You can see the guilt and uncertainty in the eyes all of these low lifes. |
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Micky25
Legendary
Offline
Activity: 974
Merit: 1000
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May 13, 2014, 09:41:08 AM |
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dentro
Member
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Activity: 92
Merit: 10
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May 13, 2014, 12:08:02 PM |
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Did anybody receive an answer from them regarding the chip conversion (I think they are ignoring my emails)? Do they now convert all orders to chips or do we have to confirm the conversion?
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duncwa
Newbie
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Activity: 21
Merit: 1
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May 13, 2014, 12:16:39 PM |
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Any idea, if the chip conversion is true and real, how many chips to expect to receive for each Sierra order?
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