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Author Topic: OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes  (Read 1703 times)
OgNasty
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January 28, 2018, 02:44:18 AM
Last edit: January 28, 2018, 03:33:48 AM by OgNasty
 #21

I hope OG doesn't red tag me for posting this...EVERYTHING about it screams ponzi

There is nothing Ponzi about NastyFans.

More trust abuse for calling you out on facts huh? Really outstanding work as a DT1 Member. I'm sure that's going to work great for you down the road.... Tongue

I have little respect or patience for liars. NastyFans is not a Ponzi and this is provable. If someone says it is a Ponzi, they are a liar and shouldn’t be trusted. Not sure what about that concept you don’t grasp.

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January 28, 2018, 02:48:39 AM
 #22

I hope OG doesn't red tag me for posting this...EVERYTHING about it screams ponzi

There is nothing Ponzi about NastyFans.  If you continue to spread libel statements with no evidence and do not correct your prior ones, I will red tag you for spreading lies about provably honest community projects.

More trust abuse for calling you out on facts huh? Really outstanding work as a DT1 Member. I'm sure that's going to work great for you down the road.... Tongue

I have little respect or patience for liars. NastyFans is not a Ponzi and this is provable. If someone says it is a Ponzi, they are a liar and shouldn’t be trusted. Not sure what about that concept you don’t grasp.

So... then show us all real proof its "non-ponzi provability". Just because it's yours and you have DT1 status doesn't mean you can just go around and neg people who disagree with your alternative facts. Prove it, green guy.... Shouldn't be that hard? Right.. You can't, because it's not yours, blah-lies, blah-blah... Cheesy
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January 28, 2018, 02:59:19 AM
 #23

I hope OG doesn't red tag me for posting this...EVERYTHING about it screams ponzi

There is nothing Ponzi about NastyFans.  If you continue to spread libel statements with no evidence and do not correct your prior ones, I will red tag you for spreading lies about provably honest community projects.

More trust abuse for calling you out on facts huh? Really outstanding work as a DT1 Member. I'm sure that's going to work great for you down the road.... Tongue

I have little respect or patience for liars. NastyFans is not a Ponzi and this is provable. If someone says it is a Ponzi, they are a liar and shouldn’t be trusted. Not sure what about that concept you don’t grasp.

How many people did you collect money from to invest in Pirateat's massive ponzi scheme?

No neg rep for Pirateat though...
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January 28, 2018, 03:02:02 AM
Merited by DarkStar_ (2), TMAN (2), owlcatz (1), Last of the V8s (1)
 #24

I hope OG doesn't red tag me for posting this...EVERYTHING about it screams ponzi

There is nothing Ponzi about NastyFans.  If you continue to spread libel statements with no evidence and do not correct your prior ones, I will red tag you for spreading lies about provably honest community projects.

I’m basing my opinion on what I have been presented with here. In the first statement of the screenshot provided in the top post, you advise members to bring in more donations to the club to make more earnings. In any other situation, that is a sure indicator of a ponzi. It’s not lateral growth that you’re promoting. From your own words, you are asking members to become more involved and contribute more to the club. This in itself seems fine. But when you ask for them to bring in more donations, that’s the part where I’ve become skeptical about the organization.

I won’t edit anything I’ve posted before. I stated my observations simply as that. Observations and opinions based on the material that was put before me. If you want me to change my view, then I implore you to provide me with evidence that supports that the club in itself is not a ponzi. I’ll be more than willing to put my foot in my own mouth if you can do so, but as I just stated, my opinions are based on comparisons to other projects that are modeled around the facts that were provided in supporting that NastyFans is a ponzi. I’m inviting you to prove my opinions to be incorrect and am open to hear anything you have to say. Cheers.

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January 28, 2018, 03:02:58 AM
Merited by owlcatz (1)
 #25

I have little respect or patience for liars. NastyFans is not a Ponzi and this is provable. If someone says it is a Ponzi, they are a liar and shouldn’t be trusted. Not sure what about that concept you don’t grasp.
You heard the man. He is right and you are wrong, provably™! You dare question the mighty OgNasty or anything he is associated with and you will be negative rated for being such a small minded buffoon. Don't you understand? It's all just a load of fun! (providing you don't ask any questions or use logical judgement)
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January 28, 2018, 03:10:11 AM
 #26

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

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January 28, 2018, 03:17:01 AM
Merited by BTCforJoe (2)
 #27

Provide evidence. The blockchain is my proof. Do your own DD. I’m wasting no more time on your trolling.
Here's the original post Og made before turning on the sass.



Provide evidence.
Each of BTCforJoe's comments are completely valid points from an outsider who hasn't had to deal with you before. Without even trying to refute any of these, you simply state 'Provide evidence'. What a sound and justifiable response to legitimate concerns.

The blockchain is my proof.
The blockchain can only prove so much. Sending payments doesn't suddenly make the claims in this thread irrelevant. I could show you hundreds of transaction IDs from ponzis and HYIP schemes.

I’m wasting no more time on your trolling.
So anyone criticizing your scheme is either nefarious and trolling? No wonder someone so naive lost hundreds of other people's BTC in things like BFL and Pirateat40's obvious ponzi.
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January 28, 2018, 05:46:07 AM
Last edit: January 28, 2018, 06:00:19 AM by Lauda
 #28

1) I don't run NastyFans.
So you're saying that in the hypothetical case of someone getting tagged and/or legal action being taken, regardless from who, that it should be directed towards nonnakip?

No neg rep for Pirateat though...
No neg rep for Quickseller, a known investor in this *charity*. Roll Eyes

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January 28, 2018, 07:48:00 AM
 #29

OG ran an ipo for his mining op. Now he says he owns his mining op... I'm confused

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OgNasty
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January 28, 2018, 08:48:04 AM
 #30

1) I don't run NastyFans.
So you're saying that in the hypothetical case of someone getting tagged and/or legal action being taken, regardless from who, that it should be directed towards nonnakip?

I don’t know how much more clear I can be. I don’t run NastyFans. You are as much in control of what NastyFans does as I am.

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January 28, 2018, 08:59:03 AM
Last edit: January 28, 2018, 09:12:54 AM by TheNewAnon135246
Merited by TMAN (5)
 #31

1) I don't run NastyFans.
So you're saying that in the hypothetical case of someone getting tagged and/or legal action being taken, regardless from who, that it should be directed towards nonnakip?

I don’t know how much more clear I can be. I don’t run NastyFans. You are as much in control of what NastyFans does as I am.

Are you sure about that?


Just wanted to point out that nowhere in the nastyfans policy was there any specification / written understanding or documentation (nor any post on this forum) to authorize OgNasty to suddenly have control over treasury seats, complete with voting rights:

The fanclub does not have treasury seats. All seats are the same. Just like you OgNasty received the number of seats on the GLBSE list. I think you agree that it is very generous that OgNasty does not accept donations for those seats. Maybe you want OgNasty to abstain from voting also? Sometimes OgNasty abstains. Somtimes not. Maybe OgNasty has insights to some issues that we do not know. Example of BTCFPGA: without OgNasty votes the results of the BTCFPGA order poll is not cancel. But this is obvious scam now. I trust OgNasty and I think most fans do. If OgNasty forces a poll result then maybe there are good reasons. But as president I choose polls carefully because I know OgNasty can push a majority.

Maybe in the future OgNasty does not have so many seats. We have several members with many seats and are growing.

So really, we have a mockery of a voting system:

We have a member with many many seats. We can ask OgNasty to abstain from voting. But there are some members like stan.distortion that prefer OgNasty handles the important decisions. They maybe have no disagreement with OgNasty voting. As president I would appreciate knowing before if OgNasty will vote on a poll. Because then there is no need for that poll.

1) abstention is instead automatically treated like a veto / converted to a vote of "take no action which can be used to fix or amend broken policy"
2) the mining operations manager (or whatever OgNasty's title is) basically has full veto power for everything treasury seats are no longer treated separately like they're supposed to be.
3) there is no "3" ... though I guess I'll add that technically, the 75% majority vote requirement isn't all that abnormal, but in light of point number 2, it's easily abused.

With voting we can change nastyfans policy. With dialogue we can work with OgNasty to start polls where we know OgNasty abstains.

I have much respect for OgNasty and the NASTY MINING work. I trust OgNasty. As president of nastyfans I also see the problem with seat distribution. I believe this problem will fix itself as NASTY MINING and nastyfans matures.

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January 28, 2018, 09:16:07 AM
Last edit: January 28, 2018, 09:36:31 AM by TMAN
 #32

OG ran an ipo for his mining op. Now he says he owns his mining op... I'm confused

Why are you ignoring this?? You raised funds in an IPO now you are stating nasty mining is all yours.. how did this transition happen?


EDIT - Partial answer in true OG style here.

https://bitcointalk.org/index.php?topic=86854.msg29084811#msg29084811

he still refuses to give a straight answer, he seems more and more like trump every day

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January 28, 2018, 04:28:48 PM
 #33

1) I don't run NastyFans.
So you're saying that in the hypothetical case of someone getting tagged and/or legal action being taken, regardless from who, that it should be directed towards nonnakip?

No neg rep for Pirateat though...
No neg rep for Quickseller, a known investor in this *charity*. Roll Eyes

No neg rep for Lauda and TMAN for their extortial
Lauda lost staff position because of that.
Lauda abusing now massivly with his group competition

Lauda and TMAN in a group trying to destroy OG and QS for exposing them
QS opened a thread exposing Lauda which got kicked out from staff and as revange to discredit QS they added him -500 trust points.

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January 28, 2018, 05:01:35 PM
 #34

Anyone taking Lauda for his ITO must be insane.He is so hated by the community because of his massiv abuse that he has to defend himself with his group everywhere.

He has already been in the past exposed for a big scam and lost his position as moderator.

Anyone taking him needs to know it will light a very bad light on your ITO.

TMAN was part of that scam thats why he keeps defending Lauda as he is part of the group.


You can read it here

https://bitcointalk.org/index.php?topic=1764757.msg17624090#msg17624090
https://bitcointalk.org/index.php?topic=1786074.msg17811352#msg17811352

another scam of TMAN

https://bitcointalk.org/index.php?topic=2214957.msg22327483#msg22327483
https://bitcointalk.org/index.php?topic=1775044.msg17703267#msg17703267

Have a look who exposed them and have a look at their profil how they are trying hard to destroy his rep

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January 28, 2018, 05:06:13 PM
 #35

Have a look who exposed them and have a look at their profil how they are trying hard to destroy his rep
Quickseller ruined his reputation on the forum long before he ever talked about Lauda, TMAN or I. You have little to no idea what you're talking about.
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January 28, 2018, 05:24:20 PM
 #36

i know exectly when he got the massiv abuse of trust given and for what thread.

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January 28, 2018, 05:31:36 PM
 #37

i know exectly when he got the massiv abuse of trust given and for what thread.
If you think that Quickseller's negative trust is unjust then you're even dimmer than I thought.
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January 28, 2018, 08:24:45 PM
 #38

OG ran an ipo for his mining op. Now he says he owns his mining op... I'm confused

Why are you ignoring this?? You raised funds in an IPO now you are stating nasty mining is all yours.. how did this transition happen?

-snip-

Back on track... still do not understand why OG is ignoring this post... if people bought into his IPO where are the shares? blaming an exchange going pop isnt the answer....

anyway - people try to speak out against OG and his decisions... even though he does not run the place..


then we all get the news of BFL going tits... what does OG do? he rejoices as he has squirmed his way out of 250BTC+ of debt..


notice how he then puts it on the lenders... they shouldn't be too discouraged..



so - no ownership of fucking up... no oh shit, lets try to work another way of making this right.. just.. tough titties.. you agreed so I wash my hands of this shit...

then he goes on to another historic investment.. one of the best in crypto.. Even though he had slagged off the mining gear they produce. (full disclaimer I actually got done for over 100BTC by ASICMINER - but in OG Terms I did ok as I did get a decent return in Fiat based on the Dividends - my investment was over a year earlier)



anyway - pointing out his downfalls here as he seems to not want to answer the pertinent question about changing from IPO to Fanclub and now Charity...

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TwitchySeal
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February 24, 2018, 04:44:19 AM
 #39

Long read, TLDR at bottom of post.


I've been doing some digging on OgNastys 2012 involvement in the massive ponzi scheme known as 'Bitcoin Savings and Trust' run by Trendon Shavers aka Pirateat40.

I hope OgNasty will let me know if I'm wrong about any of this (with evidence) and share any missing relevant details.

- On April 7, 2012 OgNasty created this thread encouraging people to invest directly invest in pirateat40s ponzi scheme if possible.  Yesterday OgNasty edited the the first post in the thread.  I took a screen shot of the first half of the post but am unable to find a cached version with the full FAQ's that were originally posted.  Screenshot pre-edit.  (notice it says "Reserve Funds: Paid Out" - I'll be getting back to that)  He also locked the thread yesterday, some I'm unable to post any direct quotes from the thread and will be posting links to the posts instead and copy pasting the actual quotes into this thread.  About 14 hours ago I archived all posts in the thread in case OgNasty decides to edit any more posts.  I hope he doesn't.

- At the time, the ponzi scheme had waitlists and required a personal invite.

- Pirateat40 promised a return of 1% per day initially.  I know that this was eventually reduced, but I'm not sure when or by how much. https://en.bitcoin.it/wiki/Trendon_Shavers

- OgNasty created this thread for people who were unable to get a personal invite.

- He was offering those who invested with him 8% or more monthly payments based on how much in total was invested. (This is much less than the 1% daily - but both interest rates, 1% daily or 8% monthly,  are obviously not sustainable and should scream ponzi scheme to anyone with a basic understanding of finance.  I believe OgNasty was collecting far more than he was paying people back while the ponzi scheme was still paying out.  Keep in mind, the longer a ponzi scheme is able to appear solvent,)

- In a April 11, 2012 post that was edited on April 26, 2012 OgNasty posted the terms of his "reserve funds":
Quote
RESERVE FUND:

A Reserve Fund has been established to provide depositors with insurance against loss of deposits.  In the event of a Bitcoin Savings & Trust failure, the Reserve Fund will be paid out to depositors, proportionately to their deposits held as listed on this thread.

- April 16, 2012, OgNasty makes this post confirming he has received over BTC250. Apparantly this was a threshhold that allowed him to increase monthly payments by 1 or 2 %.

- April 23, 2012, OgNasty makes this post:

Quote
BASE RATE INCREASE:

In order to encourage new deposits and reward all depositors for the growth of this program, I would like to announce a potential increase to the base rate on deposits.  Once there are 2000+ Total BTC Held in Deposits listed on this thread, the base rate will be increased from 8% to 10% for all depositors.

Note:
Having 2000+ Total BTC Held in Deposits will also enable the Reserve Fund to grow much faster, which will benefit all depositors.

The base rate may be lowered back to 8% if Total BTC Held in Deposits fall below 2000 BTC for a prolonged length of time.

- April 30, 2012 - OgNasty makes this post after sending out a BTC.01 test payment.

Quote
I've sent out 0.01 BTC test payments to all depositors.  If you did not receive a 0.01 BTC test payment, you have about 20 hours to let me know before interest payments are sent.  If you did receive the test payment, all is well and you will receive your interest payment tomorrow.

- May 1, 2012 OgNasty makes this post:
Quote
Interest payments have been sent.  Thank you to all my depositors.

- May 5, 2012 OgNasty makes this post confirming he has received over BTC2,000 in deposits.
Quote
Congratulations to all depositors, as we have surpassed BTC2,000 in deposits and the base rate has been increased to 10%!  We also got a shiny new logo courtesy of Timbo925.

- May 11, 2012 OgNasty makes this post explaining that he would be taking 1% of all deposits to fund the reserve account.  At this point there are over BTC2,000 and the reserve account has BTC30.
Quote
Deposits have been rising and I place the full deposit in my BS&T account, so it is not like I take 1% from each deposit and put it in the reserve fund.  After 1 month, from the very first deposit, I've built a 30 BTC reserve.  That amount will continue to rise and is not pegged to a %.  Now that we have a 2000+ BTC balance, that will enable the reserve fund to grow more quickly.  I will admit I have been focusing more on providing a higher base rate and interest rate loyalty rewards than building the reserve fund.

- May 23, 2012 OgNasty makes this post informing people that the reserve account is up to BTC50. (Still over BTC2000 invested)
Quote
UPDATE:
Reserve Account has been increased to 50 BTC.
Deposits are now allowed at any time during the month.
Reinvesting interest is now allowed, PM me to signup.

- June 1, 2012 OgNasty makes second round of interest payments and shares details in this post  

According to the info he posts, he has now collected BTC2970 and paid out each investor between 3% and 11% on their investment (some investors bought in mid month so they receive a smaller cut based on when they invested.  The bigger investors received a 1% 2% or 3% bonus based on the size of their deposit.

Details of users and their addresses:
Code:
Depositor Rate Reward Amount Payment Address
Anonymous №1 10% 100.00 10.00 1AYoshhS6VLYNWRNX5P6EWxUcrKLr16KLB
Wekkel - 10% 100.00 10.00 1LUPYsMBBAX937a16cTzMXMbnGv6pEfBPt
miscreanity 10% 10.00 1.00 1LdpVFiqFX7ymHp6AMhrNq8J9PQ5ZSLoeo
Anonymous №2 10% 50.00 5.00 18fDCUZ9wvcrMFfQogCHar3FE7E5tu95E2
exahash - 10% 1% 250.00 27.50 1KH1wM55KJe422Uun66T7RC176MLZyKbRn
chunglam - 10% 1% 250.00 27.50 1AMFex7h8b8TBD5WewZdHTqSQjMG8fiSsF
geodude - 10% 10.00 1.00 1MJK5LNAdqhyCEeqAnpMjckKaFr8NXtTGu
Anonymous №4 10% 1% 700.00 77.00 1mCJ9UpGPE8vok8StdobELZrW643tYFiF
Sturmvogel 10% 50.00 5.00 19qp1bSoi3LqQBSUVomGXGx3i6XfaHuxqj
nathantrumpet 10% 35.00 3.50 17foq9mtyFRK13cKc3aZ81SKKsZ7PSLPHN
drlatino999 10% 100.00 10.00 143epJQzwB5rJCWpQssave4UPuKL75EERi
Jonny Heggheim 10% 30.00 3.00 1MRnQVysnF9t91i5UPHsApFh4vRCvBwXux
iron77 - 10% 300.00 30.00 195TbM1SzZA9HzSaRDeKBiRLf8HzNqkGww
Tannke - 10% 400.00 40.00 INTEREST ROLLOVER PLAN
Timbo925 10% 20.00 2.00 1AYWHj7BNDwfvCpQ4rqM3BhMipmZUe3pUj
squirrelman 10% 50.00 5.00 INTEREST ROLLOVER PLAN

Mid-Month Deposits:
drlatino999 5% 40.00 2.00 143epJQzwB5rJCWpQssave4UPuKL75EERi
Uncle Scrooge 5% 250.00 12.50 INTEREST ROLLOVER PLAN
Anonymous №5 5% 100.00 5.00 1GyocUADnTd5aZRRrNLGFTVXNiyaacpPQm
Buckwheet 5% 50.00 2.50 17Ge71XYfHKFC7Lzkq7fs5RwerPEEaySqR
CecilNiosaki 3% 75.00 2.25 INTEREST ROLLOVER PLAN

- June 24, 2012 OgNasty makes this post offering a bump up to 12% monthly return as long as the total investment was greater than BTC2,000

- July 1, 2012 OgNasty makes his third monthly interest payment in this post  At this point he has BTC2638.25 invested.
Quote
MONTHLY PAYMENTS SENT:

Interest payments have been sent to depositors for the month of June.
Code:
Account Opened Depositor Rate Reward Amount Payment Address
4/7/2012 Anonymous №1 10% 100.00 10.00 1AYoshhS6VLYNWRNX5P6EWxUcrKLr16KLB
4/10/2012 Anonymous №2 10% 50.00 5.00 18fDCUZ9wvcrMFfQogCHar3FE7E5tu95E2
4/11/2012 exahash - 10% 2% 250.00 30.00 1KH1wM55KJe422Uun66T7RC176MLZyKbRn
4/11/2012 geodude - 10% 10.00 1.00 1MJK5LNAdqhyCEeqAnpMjckKaFr8NXtTGu
4/13/2012 Anonymous №4 10% 3% 700.00 91.00 1mCJ9UpGPE8vok8StdobELZrW643tYFiF
5/1/2012 Jonny Heggheim 10% 30.00 3.00 1MRnQVysnF9t91i5UPHsApFh4vRCvBwXux
5/3/2012 Tannke - 10% 1% 440.00 48.40 INTEREST ROLLOVER PLAN
5/6/2012 squirrelman 10% 65.00 6.50 INTEREST ROLLOVER PLAN
5/12/2012 Uncle Scrooge 10% 1% 487.50 53.63 INTEREST ROLLOVER PLAN
5/21/2012 CecilNiosaki 10% 1% 252.25 27.75 INTEREST ROLLOVER PLAN

Mid-Month Deposits:
6/7/2012 Tannke - 8% 120.00 9.60 INTEREST ROLLOVER PLAN - ADD ON
6/11/2012 Uncle Scrooge 6% 12.50 0.75 INTEREST ROLLOVER PLAN - ADD ON
6/18/2012 cst - - - 4% 11.00 0.44 INTEREST ROLLOVER PLAN
6/19/2012 BitLoan 3% 10.00 0.30 1HshtPD1bSqH4KD9czH2fiNMTJxC6XsxTh
6/30/2012 notawake 0% 100.00 0.00 INTEREST ROLLOVER PLAN

- July 2, 2012 OgNasty makes this post.  Apparently pirateat40 has lowered interest rates.  The end is near.
Quote
There will be some adjustments to adapt to the new lower rates at Bitcoin Savings & Trust.  

https://bitcointalk.org/index.php?topic=90327.msg1004085#msg1004085

We have also dipped below the 2000 BTC requirement and the interest rate has now dropped back down to 8% monthly.   Embarrassed

- July 21, 2012 OgNasty makes this post Updating the current reserve to BTC65.  Important: This is the last mention I can find on the total value of the reserve account that OgNasty is using to insure investors.
Quote
UPDATE:
Reserve Account has been increased to 65 BTC.
Base rate will remain at 8% after the BS&T rate reduction.
Rewards will be limited to 2% after the BS&T rate reduction.

- August 1, 2012 OgNasty makes this post
Quote
I'm awaiting a withdrawal from BS&T.  All payments/withdrawals will be made as soon as this transfer is completed.

- August 2, 2012 OgNasty makes this post.  Note: unlike previous months no details on total invested or paid out are shared.
Quote
All payments and withdrawals have been processed for July.  Thank you.

- August 17, 2012 OgNasty makes this post confirming that it was a scam all along.
It's also worth noting that OgNasty he was considering working to continue running his 'program' but would more likely focus on his NastyMining project.  So, he thought about continuing to run a ponzi scheme, but would be most likely he would look into creating his own project, Nasty Mining.  Let that sink in for a minute.
Quote
Due to the news of BTCST closing, I have requested all funds from the account and will be returning them to depositors as soon as received.

I will be looking into options to keep the program running in one form or another, but most likely I will close this program down to focus on NastyMining.  Thank you to all my depositors.

UPDATE:
Bitcoin Savings & Trust is officially in default and the reserve fund has been paid out to depositors.
So the reserve funds were worth BTC65 (maybe a bit more) and the actual investments worth worth way more than BTC1,000, quite possibly well over BTC2,000.  Nobody confirmed getting their investment back.  The only direct claim he made was that the "reserve fund has been paid out".  Again, reserve fund = ~BTC65, investments = ~BTC2,000.



Note, I have only taken a cursory look at the deposit addresses and none of them seem to line up with any sort of full refund of their investment.
If OgNasty chooses to dispute the results of my investigation, I will surely do so.
Hopefully someone will help out as this is quite a pain in the ass.




TLDR-

- Beginning in April (April 7, 2012) OgNasty collected funds from investors and offered between 8% and 12% monthly return on investment.
- OgNasty invested the funds he collected in Pirateat40's massive ponzi scheme that offered 1% daily to start and later lowered it.  (He likely made quite a bit considering 12% monthly is far less than 1% daily)
- OgNasty claimed to have BTC2970 invested on June 1, 2012 and BTC2638.25 on July 1.
- OgNasty claimed to be taking 1% of all investments to set aside as a "reserve account" in case pireateat40 scammed.
- On July 21, 2012 , OgNasty confirmed that the reserve fund was worth BTC65 .  I can't find anywhere confirming it was any higher than that.
- On August 17, 2012, OgNasty confirmed that pirateat40 had defaulted "Bitcoin Savings & Trust is officially in default and the reserve fund has been paid out to depositors."
- Around BTC2,000 invested - Around BTC65 returned.  OgNasty was returning 8%-12% monthly for about three months while investing in a ponzi scheme that was paying out as much as 1% daily.  Yet OgNasty still claims to have been doing the community a favor.
TwitchySeal
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February 24, 2018, 04:51:28 AM
 #40

I orignially posted the above post in the reputation forum in this thread -   should Og Be Removed from DT1 [POLL]

There have been a couple responses from OG:

The pirate situation was ~6 years ago. If any users of my service had a complaint, I’d be happy to address it with them, even after all this time has passed. Since there is no complaint and I paid out the insured deposits as I had agreed with the users, there is nothing to discuss here. The pirateat40 situation involved law enforcement and the authorities have prosecuted the guilty parties for the situation already. My involvement has been cleared by the folks who are paid to investigate these situations.

As for the NastyMining tie in, you’re damn right I was angry about pirate stealing everyone’s funds and was sick of all the scams in the community. I vowed to help create a project capable of returning BTC to users that wouldn’t fail so that there would be at least one non-scam option on this forum going forward. I’m happy to say that while NastyMining is still just a baby, I’m quite happy with the hundreds of BTC donated by it to NastyFans and distributed to BTC users so far and look forward to that number increasing for decades into the future.

Could you please just give me rough estimate?

When it was discovered that Pirateat40 was running a massive ponzi scheme, how much did your group of investors have invested?

How much did you return to investors after the fact?

It really seems like you returned well under BTC100 (give or take BTC30) to investors after you collected around BTC2,000 (give or take a couple hundred).


BITCOINS DISTRIBUTED:

the response.

Could you please clarify what you mean by "distributed" ?

Does this include interest payments?

What I'm really interested in (and I think other members of the community should be as well) is how much was invested through your service in August 2012 when pirateat40 defaulted.

After he defaulted how much did you return to the people you collected from?

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