[CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated

[BitCsByBit]

I think i found reason why LBC is not hashing anymore 


http://www.ebay.com/itm/HUGE-Bitcoin-mining-ASIC-RIG-25-x-Bitfury-Miner-Full-Kit-speed-11-TH-s-/221319977317?pt=LH_DefaultDomain_0&hash=item3387b2d965


Seller is from Italy.

That is a great find.

Not sure if anyone still remembers but I initially traced some of the IPO funds to the JustDice wallets.

Now I have also traced a large portion of IPO funds to BitfuryStikesBack.com wallets.

This is the transaction of 2,658.2241 BTC on the 2013-08-08, and it is the first BTC's spent from the IPO funds.
https://blockchain.info/tx/0d0ba2ecc0b2624f63d0a59c2045b0d9c6ea3f0b2c890344ab38a0b8d8e447c4

punin should be able to confirm the transaction details.

It is interesting how the ebay seller has now also changed the location of the items from Barbusi-Italy (Carbonia), which we know Alberto and Fabrizio are from, to Roma-Italy.

[jimmothy]

That is a great find.

Not sure if anyone still remembers but I initially traced some of the IPO funds to the JustDice wallets.

Now I have also traced a large portion of IPO funds to BitfuryStikesBack.com wallets.

This is the transaction of 2,658.2241 BTC on the 2013-08-08, and it is the first BTC's spent from the IPO funds.
https://blockchain.info/tx/0d0ba2ecc0b2624f63d0a59c2045b0d9c6ea3f0b2c890344ab38a0b8d8e447c4

punin should be able to confirm the transaction details.

It is interesting how the ebay seller has now also changed the location of the items from Barbusi-Italy (Carbonia), which we know Alberto and Fabrizio are from, to Roma-Italy.

If this is true then this is the stupidest scam ive ever heard of. Why would he not have just ran with the initial 7000 btc?

[MilkyLep]

Because he made a killing flipping shares in addition to everything else.

[Bitcycle]

LOL Sammy.  It's $7,000,000 of other people's money, son.  You're not going to move it around without every step of it being tracked.

[dexX7]

LOL Sammy.  It's $7,000,000 of other people's money, son.  You're not going to move it around without every step of it being tracked.

Take a look at Labcoin's CS wallet and follow one of the recent inputs/outputs:

https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

[Bitcycle]

LOL Sammy.  It's $7,000,000 of other people's money, son.  You're not going to move it around without every step of it being tracked.

Take a look at Labcoin's CS wallet and follow one of the recent inputs/outputs:

https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

Sammy, my little child, that's not helping you.  At all.

Shareholder money in the form of dividends, stolen outright. 

Thanks for making it so clear anyone can understand it!

Moron.

[drawingthesun]

Because he made a killing flipping shares in addition to everything else.

I used to bring this point up many many times. I calculated that they were very predictable waiting out on expected news causing huge drops in share value and then a peak right after the news. They did this many times, waiting so long they were able to force the price down. I came to the conclusion they needn't use many Bitcoins to pull it off either because the wait time was enough.

At the time I declared this an ongoing issue I was written off as a FUDster and almost all my ignores come from Labcoin shareholders.

In fact now this is confirmed as a scam can some of you guys that held on please un-ignore me? Cheers.

[Bitcycle]

LOL Sammy.  It's $7,000,000 of other people's money, son.  You're not going to move it around without every step of it being tracked.

Take a look at Labcoin's CS wallet and follow one of the recent inputs/outputs:

https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

What's happened here is that "Sam" has moved the money from mining dividends into what seems like a mixing service.

He's trying to steal the money and hide its destination.  This is an unambiguous action on his part. There is no legitimate reason to hide this money.

[Alphi]

This is an unambiguous action on his part. There is no legitimate reason to hide this money.

was any of it ever legit... your not sam are you?

looks like the investors didnt catch him in time... lolz

[SebastianJu]

I think i found reason why LBC is not hashing anymore 


http://www.ebay.com/itm/HUGE-Bitcoin-mining-ASIC-RIG-25-x-Bitfury-Miner-Full-Kit-speed-11-TH-s-/221319977317?pt=LH_DefaultDomain_0&hash=item3387b2d965


Seller is from Italy.

That is a great find.

Not sure if anyone still remembers but I initially traced some of the IPO funds to the JustDice wallets.

Now I have also traced a large portion of IPO funds to BitfuryStikesBack.com wallets.

This is the transaction of 2,658.2241 BTC on the 2013-08-08, and it is the first BTC's spent from the IPO funds.
https://blockchain.info/tx/0d0ba2ecc0b2624f63d0a59c2045b0d9c6ea3f0b2c890344ab38a0b8d8e447c4

punin should be able to confirm the transaction details.

It is interesting how the ebay seller has now also changed the location of the items from Barbusi-Italy (Carbonia), which we know Alberto and Fabrizio are from, to Roma-Italy.

Im not convinced. IPO-Money was collected at btct.co and btct.co has a shared wallet. That means you cant simply follow the payment that flew into and deduct that the payments going out are done by "Sam". The Bitcoins could be given to a random person since once the Bitcoins are in the system of btct.co its not attached to anyone anymore.

[superduh]

LOL Sammy.  It's $7,000,000 of other people's money, son.  You're not going to move it around without every step of it being tracked.

Take a look at Labcoin's CS wallet and follow one of the recent inputs/outputs:

https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

why the fuck didn't CS lock that address down so he couldn't withdraw!! this opens them up to many legal liabilities and lawsuits. they made a big error

[superduh]

Because he made a killing flipping shares in addition to everything else.

I used to bring this point up many many times. I calculated that they were very predictable waiting out on expected news causing huge drops in share value and then a peak right after the news. They did this many times, waiting so long they were able to force the price down. I came to the conclusion they needn't use many Bitcoins to pull it off either because the wait time was enough.

At the time I declared this an ongoing issue I was written off as a FUDster and almost all my ignores come from Labcoin shareholders.

In fact now this is confirmed as a scam can some of you guys that held on please un-ignore me? Cheers.

there always needs to be people keeping others in check. i had my doubts but i tried to remain calm and optimistic. that didn't pay off at all

[MilkyLep]

Because he made a killing flipping shares in addition to everything else.

I used to bring this point up many many times. I calculated that they were very predictable waiting out on expected news causing huge drops in share value and then a peak right after the news. They did this many times, waiting so long they were able to force the price down. I came to the conclusion they needn't use many Bitcoins to pull it off either because the wait time was enough.

At the time I declared this an ongoing issue I was written off as a FUDster and almost all my ignores come from Labcoin shareholders.

In fact now this is confirmed as a scam can some of you guys that held on please un-ignore me? Cheers.

there always needs to be people keeping others in check. i had my doubts but i tried to remain calm and optimistic. that didn't pay off at all

You can lead a horse to water but you can't make him drink.

Cheesy I know, but it rings truth through the halls of this forum.

[superduh]

general reminder! if you have something important to say that isn't public information YET please message dex, auto or virtualspade. sensitive information should not be shared in the public forum until an appropriate time.

[E.Sam]

general reminder! if you have something important to say that isn't public information YET please message dex, auto or virtualspade. sensitive information should not be shared in the public forum until an appropriate time.

+1

[Bitcycle]

How's the mixing of our money going, Sammy? 


Open theft is something new for you, isn't it? 

You've been able to hide behind your staggering incompetence in the past, but that's not going to work now that you just stole money in front of everyone's eyes.

Thanks for that, now everyone knows *exactly* what sort of thief you are.

[jimmothy]

How's the mixing of our money going, Sammy? 


Open theft is something new for you, isn't it? 

You've been able to hide behind your staggering incompetence in the past, but that's not going to work now that you just stole money in front of everyone's eyes.

Thanks for that, now everyone knows *exactly* what sort of thief you are.

Not sure who you think you are talking to.. "sam" is on a tropical island somewhere enjoying retirement.

[Bitcycle]

How's the mixing of our money going, Sammy? 


Open theft is something new for you, isn't it? 

You've been able to hide behind your staggering incompetence in the past, but that's not going to work now that you just stole money in front of everyone's eyes.

Thanks for that, now everyone knows *exactly* what sort of thief you are.

Not sure who you think you are talking to.. "sam" is on a tropical island somewhere enjoying retirement.

He was on here in the last couple days, literally minutes before he stole our dividends.

[strmir]

general reminder! if you have something important to say that isn't public information YET please message dex, auto or virtualspade. sensitive information should not be shared in the public forum until an appropriate time.

This

[E.Sam]

How's the mixing of our money going, Sammy? 


Open theft is something new for you, isn't it? 

You've been able to hide behind your staggering incompetence in the past, but that's not going to work now that you just stole money in front of everyone's eyes.

Thanks for that, now everyone knows *exactly* what sort of thief you are.

Not sure who you think you are talking to.. "sam" is on a tropical island somewhere enjoying retirement.

He was on here in the last couple days, literally minutes before he stole our dividends.

He was checking his messages...
https://twitter.com/LabcoinNotifier/status/406100183471382528