[Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated]

[lobbes]

I am certain Ken has made hundreds of thousands through salary or even millions from our money.

Does anyone know the original IPO fund addresses? We need to try tagging all outputs....

To what end?  You realize the shares are selling substantially lower than the nickel/share Ken is allegedly obligated to pay out?  That's because folks understand they won't be seeing any refunds.  So what would knowing that Ken sent me, let's say, 50BTC do for you, other than make you feel more frustrated?

If we can find outputs that are likely his hidden income addresses, we might be able to persuade the courts (if any action happens) that Ken is hiding money. Then he can either obey a potential order to release the funds go to jail.

I would agree.

I feel like there is enough evidence in this forum to show consumer fraud (using the definition below):

'Deceptive and unfair business practices such as [ DO NOT POST SESC LINKS ]false advertising[/URL], fraudulent billing, and misleading marketing...'

I'll see if I can find the original IPO fund addresses.
Posted from Bitcointa.lk - #A0NLePgxpIQ7bdsK

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[RoadStress]

^IntelliHash(TM) = downclocking?  An app that adjust clock/voltage ~every month a couple of times during the effective lifespan of a chip as difficulty increases?  Revolutionary stuff, would certainly save a few keystrokes a year, but will it work

Exactly. It's dust in the eyes of the non-technical people who don't know that this is the way all chips work. Increase voltage=overclock; decrease voltage=underclock=less power+less heat+increased efficiency.

[Entropy-uc]

You can thank digimex and liquidbits for that hashfast bankruptcy,  your "actions" were useless and all you did was waste money.

If you're going to try to talk shit you should start by knowing what you are talking about.

I, and 4 other creditors put Hashfast into involuntary bankruptcy, an action that Hashfast accepted yesterday.  Liquidbits and Digimex had nothing to do with it.  In fact, both of those parties didn't have any standing to take the action we did because the amounts owed to them are in dispute.

Liquidbits piggybacked on our filing to attempt to have a trustee take control of Hashfast but that motion was denied.  Digimex hasn't been active in the bankruptcy proceedings so far, although I know they are weighing their options.

[lobbes]

Lol, while digging, I found this gem (another Slaughter Scam?):

https://bitcointalk.org/index.php?topic=168284.0
Posted from Bitcointa.lk - #39SKekAczqrpe6yo

[gogxmagog]

Lol, while digging, I found this gem (another Slaughter Scam?):

https://bitcointalk.org/index.php?topic=168284.0
Posted from Bitcointa.lk - #39SKekAczqrpe6yo

Wow, how did we miss that earlier?! Great find.
Well, here's where some of your coins went... anonymous cash.

I guess the MSD and SEC would be interested in this, even if it never got off the ground, it shows Ken has an understanding of the mechanics of hiding funds via BTC and Tor. It suggests intention, on ken's part, to do so IMO.

[Phildo]

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Quote from: VinceSamios on Today at 09:13:44 AM
Quote from: kokoarm on Today at 09:07:39 AM
Quote from: VinceSamios on Today at 09:06:32 AM
"As of this offering AMC has combined liquid Assets of $3,427,700.12" and it also mentions $900k in NRE (which we know vaporised)

Do you actually believe it Vince? And doesn't that just mean the pre-order money?

Well we can't have it both ways - either we believe both numbers, or neither. I'm in the "neither" camp.

Wasn't that number used in the sales pitch to investors. Why have faith in a liar?

this didn't go over well with neo and bee on reddit, but let's try it here, all credit to Adam carolla for the theory of stupid or liar.

ken claimed he had 6 mil in preorders. Ken also was unable to give timely refunds earlier this year. How can both be true and not a major problem? If he blew all the preorder money he's stupid. If he didn't have that much he's a liar. Which one is he? Who cares, you are insane to believe that someone who blew 6 million in preorders or someone that lied about 6 million in preorders can turn this around.

[bitlind]

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Quote from: VinceSamios on Today at 09:13:44 AM
Quote from: kokoarm on Today at 09:07:39 AM
Quote from: VinceSamios on Today at 09:06:32 AM
"As of this offering AMC has combined liquid Assets of $3,427,700.12" and it also mentions $900k in NRE (which we know vaporised)

Do you actually believe it Vince? And doesn't that just mean the pre-order money?

Well we can't have it both ways - either we believe both numbers, or neither. I'm in the "neither" camp.

Wasn't that number used in the sales pitch to investors. Why have faith in a liar?

this didn't go over well with neo and bee on reddit, but let's try it here, all credit to Adam carolla for the theory of stupid or liar.

ken claimed he had 6 mil in preorders. Ken also was unable to give timely refunds earlier this year. How can both be true and not a major problem? If he blew all the preorder money he's stupid. If he didn't have that much he's a liar. Which one is he? Who cares, you are insane to believe that someone who blew 6 million in preorders or someone that lied about 6 million in preorders can turn this around.

It is with no amazement that Vince and Zum are still modding that thread.  They are still trying to paint this failure with rainbows and butterflies, Stockholm syndrome at maximum levels, or fully complicit con artists.

[kokoarm]

This reply just got deleted!! Why is anyones guess.



If you don't agree with someone you don't need to get abusive do you? What's the point?

There are no 'facts' available so you, me or anyoneelse needs to use the 'best guess'. These are simply my best guesses, you tell me how to improve them.

For example, according to KEN he made 6Mill in pre-orders. I am saying just 3Mill remain to be paid back but according to KEN he has repaid only about 1.5Mill (if I remember correctly) so my 'best guess' has actually  been revised DOWN by 1.5Mill.

Have you a better figure for how much we owe. Or a factual one even? If you want we can use KEN's own implied figure of 4.5Mill USD?

I've emboldened all the items that you've pulled out of your ass with no sourcing. I've also underlined your conclusion from said ass-pullage. Feel free to source your "facts".

In addition I'd like to remind you that whatever penalties are incurred will not be due tomorrow. These legal proceedings take time, I was surprised that Ken stated that people might receive their refunds in 120 days from the official posting. That is quick by some standards.

[bitlind]

I suggest to stop deleting posts when there is no justified reason. You are abusing your power.

Please pm ActM Thread and we can discuss specifics.  We are more than happy to explain, in full, why you may have had a post removed.

No 'may', definitely 12 posts deleted.

There is more than one artist in this long con, hence the suppression, multitude of threads around ActM, and the characters that take part in the whole ordeal.  Have you ever seen any other investment garner so many damn threads?

This reply just got deleted!! Why is anyones guess.

If you don't agree with someone you don't need to get abusive do you? What's the point?

There are no 'facts' available so you, me or anyoneelse needs to use the 'best guess'. These are simply my best guesses, you tell me how to improve them.

For example, according to KEN he made 6Mill in pre-orders. I am saying just 3Mill remain to be paid back but according to KEN he has repaid only about 1.5Mill (if I remember correctly) so my 'best guess' has actually  been revised DOWN by 1.5Mill.

Have you a better figure for how much we owe. Or a factual one even? If you want we can use KEN's own implied figure of 4.5Mill USD?

I've emboldened all the items that you've pulled out of your ass with no sourcing. I've also underlined your conclusion from said ass-pullage. Feel free to source your "facts".

In addition I'd like to remind you that whatever penalties are incurred will not be due tomorrow. These legal proceedings take time, I was surprised that Ken stated that people might receive their refunds in 120 days from the official posting. That is quick by some standards.

[kokoarm]

Ken can no longer pay divs on these unregistered Securities - banned by the MSD ruling.

If Ken registered the Securities only people with a high net worth of around 2MILL USD can receive divs = no-one.

IF Ken went to Coloured Coins for divs the MSD will rule (just as they did with these virtual shares on a virtual exchange bought for virtual money) that the CC are also Securities and divs are divs and Ken would go to prison for a breech of the MSD ruling.

Therfore Ken can never ever issue another div. Not even one.

[VolanicEruptor]

I sent 50 BTC to ken slaughter to have my shares transfered between exchanges.

https://blockchain.info/address/1Kjpf7Y5tdN3sqsruJbeqnBRFb4deLP5EC

That 50 BTC was then transferred to this address:

https://blockchain.info/address/16yTynjmSe5bsRGykDaaCL5bm2pxiEfcqP

On May 29th, there was activity from that address to this one:

https://blockchain.info/address/1Jki98kiJLhre1aiPKrWsketSU6rhe1etC

344 BTC is a significant amount of BTC to be holding onto.  These should be distributed to shareholders immediately to at least show that ken slaughter is attempting to pay back his victims for damages.  

This would be a good start, and the information will be shared with Tammy Reed of Wood Law Firm along with other documents, such as threats from ken slaughter to keep my shares.. can't forget that one

[kokoarm]

That final address with 344 coins in it has been active since August 2012. Interesting.

And 20btc were paid out from it to this address in Sep 2012

1BwTyPornN2TLrSk5SFVSyouM5QqCHGDGb

 


Taint analysis (I don't know what I'm doing) says 12% of incomings to the address came from mining Pool 'DeepBit'
https://deepbit.net/

Ken says he was an early miner and the DeepBit coins were there from the start so this could well be Kens wallet. It could also be someone he paid? Can anyone else find out more?


Payment have been made from it to Nasty Fans, Bitcoinmalaysia, enmaku, Mysil2 and ASICMiner, plus hundreds of other addresses.

[drawingthesun]

Every relation he ever employed knew for sure they were getting money through scam. Bargraphics said Ken was at one point sitting on his ass doing nothing for months. Not really a real business operation is it?

I believe that we may be able to force the entire family to forfeit all assets.

The 344 bitcoin, His house, Her car, their uncle or whoever else that was in the beginning,  his house too. Their retirement. We might be able to get it all.

Hear that Ken the scammer? We're going to get it all. Everything you and your family has ever worked for. You fucked us. We'll now fuck you. It's going to hurt.

[kokoarm]

Hear that Ken the scammer? We're going to get it all. Everything you and your family has ever worked for. You fucked us. We'll now fuck you. It's going to hurt.

I love the sound of this to be honest with you DTS. The thing is Ken hasn't just run the business amateurishly, he has intentionally run it into the ground because he never needed it to work. Once he got the 6Mill in pre-orders I think he decided he'd won and that was it - the biggest success of his life. I think he decided it was such a big haul that he would keep just 4Mill and spend the rest making the company look legitimate. So he refunded 1.5Mill-ish and spent 500k on the datacentre/cards. That is a clever ploy. Smart.

He has done this before, that is the main reason why I think the above and also the main reason why he needs stopped from being able to do this again. For that he needs a ruling saying he can never operate a company again. For that to occur we need to take him to court.

So long as everyone has their BitFunder log from day 1 until it closed plus their tender log into CrytoTrade we can prove how much money we lost over that time. Even if you have had to sell you shares at a massive loss as many have you can still prove how much your investment devalued due to Ken's criminal activity and you will get a share of his assets (and his families assests).

Do you think WoodLaw are the best people to go with as they already understand the case?

Also DTS remember the pre-order guys will want involved. There is no point in running two cases simultaneously (sharehoders and pre-order customers) as the legal fee could reduce our compensation pot. So lets get a thread started for everyone where they can list their estimated losses and confirm they will be contacting Woodlaw (or whoever we go with).

[Bit_Joe]

Insert Quote
Lol, while digging, I found this gem (another Slaughter Scam?):

https://bitcointalk.org/index.php?topic=168284.0

Interestingly this was around the same time as the second IPO

[NotLambchop]

@kokoarm; drawingthesun:

...
You are going to interact with the US courts?  Crawl on your belly to those statist jackbooted gubmint oppressors?  What happened to the intrepid money revolutionary we knew and loved so well, drawingthesun?

*Seriously, though, if Bitcointalk history teaches us anything, it is that everything is forgotten within a couple of weeks and no one ever does anything.  The reason these scams work so well is most of the marks are small-time and weary of teh law themselves.  Not people likely to even admit they've been had, forget lawyering up.

[kokoarm]

^^^^^^^^^^^^^^^^
You may not like living in a regulated society but when you are in trouble and you need them (much like the A-Team) the authorities will come to your aide and if you have been wronged you have a chance of seeing justice.

To say this is a waste of time a few days after seeing a State AG rule against a bitcoin security is like a bit silly.

Insert Quote
Lol, while digging, I found this gem (another Slaughter Scam?):

https://bitcointalk.org/index.php?topic=168284.0

Interestingly this was around the same time as the second IPO

Yes and it's something either a scamer or criminal would come up with.

[kokoarm]

He didn't take six millions in preorders.
There is no trace of that much orders, which as we know were not delivered; why wouldn't the buyers make themselves known?

Keep in mind kslaugther announced a $1 million sale before it was paid, and then some guy said it was a test and had no intention to pay. But you guys cheered nonetheless and saw nothing wrong.

Sure it might not be 6Mill but he didn't do this for $20. He's got a Mill or two atleast stashed away. Then he has his personal assets which could be around another Mill.

I can understand you and Crumbs/lambchop/Mirceau not wanting Ken to face justice because being scammers at heart yourselves you actually think he should get away with it. But you have a bunch of pissed off, literate and active investors here. This court case is going to happen.

[kokoarm]

I can understand you and Crumbs/lambchop/Mirceau not wanting Ken to face justice

lel.
kslaugther as well has his shills belongs in prison, haven't I said this enough?

Fair enough, I too believe scamers (and blackmailers) all belong in prison. If you do too stop being dismissive about our plans for a court case against a scamer. Apologies you just questioned the amounts.

What are you thoughts on setting up a fund for the case? Perhaps Woodlaw will proceed for free.

[NotLambchop]

^^^^^^^^^^^^^^^^
You may not like living in a regulated society but when you are in trouble and you need them...

I have never voiced my opinions on life in a regulated society, it's you--Ken's suckers who rage about oppressive government regulations and unwanted intervention.
You chose to leave the suffocating safety of laws, and strike out into the Wild West of unregulated Bitcoin.
It started raining, you got hungry, you missed your vidya, so you immediately run back to the Nanny State.
And you wonder why people don't take you seriously