The 94% Con by Jon Montroll

[daCoops]

Who cares who did what!

Any more news from uyko?

+1 to this in an attempt to get this thread back on to the main subject at hand....

Any latest news from Ukyo via IRC?

[lophie]

Who cares who did what!

Any more news from uyko?

+1 to this in an attempt to get this thread back on to the main subject at hand....

Any latest news from Ukyo via IRC?

Disappeared from IRC, Now security issuers announced he owe them great amounts of coins, Estimations now +2mil$$. But no the admins here don't want me to make remarks about Ukyo's kids 

[BadBear]

His kids are irrelevant to the situation at hand, don't be a creep.

[ffssixtynine]

Lophie, you're being an idiot and childish, and that's at best. You're going to look extremely foolish once the full story can be revealed.

If you aren't prepared to wait then hire a lawyer and have them speak to Neo, who have said they will do this. There are no excuses for not doing so if you're that unhappy. I also don't blame anyone for doing so - it's a fair thing to do, but your lawyer can only advise based on what they know, and they need to be aware of Neo's involvement and who Neo are.

Same goes for anyone else throwing accusations around but not actually doing anything about it for themselves. You're not dealing with any anonymous people here, unlike TradeFortress, BTCE or Labcoin.

Personally, and perhaps I speak only for myself, but I'm very thankful with have a major company helping ukyo on our behalf. How many other times has that happened when something has gone wrong?

[WeexUser]

Any latest news from Ukyo via IRC?

Ukyo wrote on irc (#weex) a few hours ago, not much new stuff but its better than silence:

(timestamps are in CET)

[22:42] <VinceSamios> Ukyo why did you shut down activemining accounts?
[03:02] <@Ukyo> I havetn shut down anything
[03:12] <w|zzy> I can't log in
[03:14] <@Ukyo> should be able to
[03:16] <whitty> i logged in just now
[03:17] <w|zzy> So it's enabled again?
[03:18] <whitty> i've never had an issue logging in so I don't know
[03:18] <whitty> I have nothing to do with the site, just letting you know it worked for me
[03:19] <w|zzy> That's cool whitty. I'm not getting aggressive.
[03:19] <whitty> yeah that's cool
[03:19] <w|zzy> Just asking the question as a few would like to know.
[03:20] <w|zzy> I've been incredibly patient with Ukyo
[03:21] <@Ukyo> i can release it from the trade
[03:21] <@Ukyo> i will try to do it tonight
[03:21] <@Ukyo> but it wont change your ability to withdraw
[03:21] <@Ukyo> i just have a lot on my plate atm so people can get their withdraws
[03:24] <w|zzy> I just want to know where I stand..
[03:24] <w|zzy> right now everything is on the ether
[03:24] <@Ukyo> k
[03:24] <@Ukyo> i'll try to work on it tonight
[03:24] <@Ukyo> that old beta system was scrapped due to issues w/ mtgox
[03:25] <w|zzy> that's ok.
[03:26] <@Ukyo> but yeah, it will need to be sorted anywhere so you will be able to claim your btc
[03:26] <w|zzy> Indeed.
[03:33] <B0g4r7> So it's been a week now since we were supposed to get some real information.
[03:34] <@Ukyo> its also been holidays as Danny mentioned.
[03:34] <B0g4r7> When does no confirmation of this "key element" become a negative confirmation?
[03:34] <whitty> bitcoin world doesn't even have night time, expecting people to understand holidays si a stretch
[03:34] <@Ukyo> That's a Danny question.
[03:34] <B0g4r7> Who is Danny?
[03:34] <@Ukyo> But your theory is currently that it is based off of a single key element and not multiple.
[03:35] <whitty> Danny Zucho
[03:35] <@Ukyo> whitty: i know.
[03:35] <B0g4r7> My patience grows thinner.
[03:35] <@Ukyo> Danny from NEO&BEE who made the post.
[03:35] <@Ukyo> B0g4r7: What would you like me to do?
[03:35] <whitty> Zuko sorry, google corrected me
[03:35] <B0g4r7> Release our funds, obviously.
[03:35] <@Ukyo> The post was clear that the funds are not currently available for release.
[03:36] <B0g4r7> :sigh:
[03:36] <B0g4r7> Link to post?
[03:36] <@Ukyo> As much as I would like to give you the btc and make you happy
[03:36] <@Ukyo> I can not :/
[03:36] <@Ukyo> So I am working as hard as I can, through the holidays even, to try to get this resolved asap.
[03:37] <whitty> hey I'm just impressed you're still replying to people to say you can't help atm
[03:37] <@Ukyo> I can't dissapear. That would defenitely be "the end"
[03:37] <whitty> that TF cunt just shut down and stopped replying after trying to settle for USD equivs
[03:37] <@Ukyo> And by no means, is this "the end"
[03:38] <@Ukyo> whitty: to be fair, I had to stop using the forums over a week ago
[03:38] <@Ukyo> so in that way, I have
[03:38] <whitty> even if this was a scam, you're putting in the effort
[03:39] <@Graet> the forums are hard to deal with atm :/
[03:39] <@Ukyo> whitty: Well, I am just trying to make things 'right' so I can hold my head high in the community. even if people don't like it.
[03:39] <whitty> man the forums are just a turn based troll box
[03:40] <@Ukyo> Great, Danny, and myself have been working on things
[03:40] <@Ukyo> Graet is limited in what he can do

[cryptoanarchist]

Lophie, you're being an idiot and childish, and that's at best. You're going to look extremely foolish once the full story can be revealed.

If you aren't prepared to wait then hire a lawyer and have them speak to Neo, who have said they will do this. There are no excuses for not doing so if you're that unhappy. I also don't blame anyone for doing so - it's a fair thing to do, but your lawyer can only advise based on what they know, and they need to be aware of Neo's involvement and who Neo are.

Same goes for anyone else throwing accusations around but not actually doing anything about it for themselves. You're not dealing with any anonymous people here, unlike TradeFortress, BTCE or Labcoin.

Personally, and perhaps I speak only for myself, but I'm very thankful with have a major company helping ukyo on our behalf. How many other times has that happened when something has gone wrong?

You know what, ffssixtynine, I don't care if Lophie is being childish, and you're trying to derail the thread. The problem is ukyo stealing over a million dollars of coin, not someone making a poor choice in comments because they're frustrated about their loss. Trying to swap victimhood onto the thief while condemning the actual victim is pretty fucking repulsive and you should be ashamed of yourself, but of course you're not.

You spend a lot of time on here helping with delay tactics for ukyo. It's pretty obvious you're in cahoots.

[daCoops]

Any latest news from Ukyo via IRC?

Ukyo wrote on irc (#weex) a few hours ago, not much new stuff but its better than silence:

..................


[03:39] <@Ukyo> whitty: Well, I am just trying to make things 'right' so I can hold my head high in the community. even if people don't like it.
[03:39] <whitty> man the forums are just a turn based troll box
[03:40] <@Ukyo> Great, Danny, and myself have been working on things
[03:40] <@Ukyo> Graet is limited in what he can do

At least he's still around. Waiting game it is then. Just under a month so far with no funds so, this is probably going to stretch into mid January with all the holidays I expect.

I just hope that when (or if) the full story comes out that everyone in the community will go "Jesus Christ - what a nightmare problem THAT was to fix" instead of "why not just do x?". Although I'm new to bitcoin scene, I suspect that's probably only way that Ukyo can hold is head up high.... Good luck to him!

[ffssixtynine]

You know what, ffssixtynine, I don't care if Lophie is being childish, and you're trying to derail the thread. The problem is ukyo stealing over a million dollars of coin, not someone making a poor choice in comments because they're frustrated about their loss. Trying to swap victimhood onto the thief while condemning the actual victim is pretty fucking repulsive and you should be ashamed of yourself, but of course you're not.

You spend a lot of time on here helping with delay tactics for ukyo. It's pretty obvious you're in cahoots.

Then you haven't been reading my posts have you. You do know I was the one that raised the alarm in the very first place, right? Before lophie, before you, before anyone else. I also have a lot more than lophie stuck.

BTW You're accusing someone of stealing when the only thing that's actually public is we cannot move our funds out. That's bad, no question, but it doesn't prove theft.

I've commented enough on what's being done, as much as I can do, and if you have money stuck then either hire a lawyer and do as I suggested or give Neo/ukyo time to resolve this. Neo have said there will be more information on Friday.

That's hardly derailing the thread. That's how people should deal with the situation, not posting what lophie did.

[pascal257]

BTW You're accusing someone of stealing when the only thing that's actually public is we cannot move our funds out. That's bad, no question, but it doesn't prove theft.

I've commented enough on what's being done, as much as I can do, and if you have money stuck then either hire a lawyer and do as I suggested or give Neo/ukyo time to resolve this. Neo have said there will be more information on Friday.

That's hardly derailing the thread. That's how people should deal with the situation, not posting what lophie did.

Let's say Ukyo continues to prolong the process? At which point should we take actions in your opinion? A few weeks? Months? Years?

It also doesn't make sense that everyone (who feels like it) contacts their lawyers to explore legal options.

But I agree that we should get back to topic.

[ffssixtynine]

Let's say Ukyo continues to prolong the process? At which point should we take actions in your opinion? A few weeks? Months? Years?

It also doesn't make sense that everyone (who feels like it) contacts their lawyers to explore legal options.

Here's the thing though. However long you choose to give this, at the end of that time you need to approach a lawyer if it has not been resolved, individually or as groups. So yes, that is how it works as unfair though it sounds. Indeed, I just had to pay my lawyer over bitcoin securities advice and it doesn't come cheap. That's another reason why neo should be given time.

Everyone wants this over, including Ukyo.

I have already said, give it this week and next week to find out more. I hope that will be enough to at least know something more tangible. Danny has said there will be something said on Friday.

[Anibad]

2013-11-21 11:19:13    Instant Payment From: BitFunder
Transaction ID    UOLis5sDZLKCLftfhjmvzM6CH5SLTzIb 1.07493991 BTC

[glendall]

[03:34] <@Ukyo> its also been holidays as Danny mentioned.

Wow. Just wow. Ukyo is saying 'I promised to say what happened with over the 2 million dollars that was deposited into my exchange and than vanished into thin air. Maybe I'll give an answer this week. Oh sorry it's pushed back there was a holiday.'

Does anyone buy this? 

This is the ole BFL "coming in 2 weeks" run-around.

[BigCstyle]

[03:34] <@Ukyo> its also been holidays as Danny mentioned.

Wow. Just wow. Ukyo is saying 'I promised to say what happened with over the 2 million dollars that was deposited into my exchange and than vanished into thin air. Maybe I'll give an answer this week. Oh sorry it's pushed back there was a holiday.'

Does anyone buy this? 

This is the ole BFL "coming in 2 weeks" run-around.

Maybe, but at least BFL delivered.

[dave111223]

I notice that the last bitcoins I sent in to weexchange as still at the address i sent to:

https://blockchain.info/address/1362Fgp2MKTnqBXq5hK8kss2ch3Jb41qb4

UKYO CAN YOU JUST REFUND THIS TRANSACTION PLEASE!

[Carandiru]

Date   2013-11-14 18:45:16
Transaction ID   LwoqtjA7VuvMap485UxAlFqOrFwHloYy
Type   Withdraw
Debit   0.34732180 BTC
Credit   
Fee   0.00000000 BTC
BTC Transaction   
Status   Processing

Still waiting since november 14th, please send me my BTC.

BTC : 13uRRaWdrBJornBwhBCHR3dbWoLzNxjsfS

[jimmydorry]

You know what, ffssixtynine, I don't care if Lophie is being childish, and you're trying to derail the thread. The problem is ukyo stealing over a million dollars of coin, not someone making a poor choice in comments because they're frustrated about their loss. Trying to swap victimhood onto the thief while condemning the actual victim is pretty fucking repulsive and you should be ashamed of yourself, but of course you're not.

You spend a lot of time on here helping with delay tactics for ukyo. It's pretty obvious you're in cahoots.

Then you haven't been reading my posts have you. You do know I was the one that raised the alarm in the very first place, right? Before lophie, before you, before anyone else. I also have a lot more than lophie stuck.

BTW You're accusing someone of stealing when the only thing that's actually public is we cannot move our funds out. That's bad, no question, but it doesn't prove theft.

I've commented enough on what's being done, as much as I can do, and if you have money stuck then either hire a lawyer and do as I suggested or give Neo/ukyo time to resolve this. Neo have said there will be more information on Friday.

That's hardly derailing the thread. That's how people should deal with the situation, not posting what lophie did.

No matter how I look at it, Ukyo is in the wrong here. If he can't post some kind of proof that the funds are intact or some kind of progress report on the actual technical difficulty, then the only logic conclusion is that the funds are not there.

[VolanicEruptor]

My theory is that he's investing all the coins on Just-Dice to make that quick and dirty 10% return before he gives back the coins.. easy way to make a quarter million.  That's what labcoin was doing except they fell into the temptation of gambling it rather than investing as the house.   

[daCoops]

My theory is that he's investing all the coins on Just-Dice to make that quick and dirty 10% return before he gives back the coins.. easy way to make a quarter million.  That's what labcoin was doing except they fell into the temptation of gambling it rather than investing as the house.   

Or another option could have been to sell all the coins on the market, which should cause the market to plummet a few hundred dollars as people would panic and think the bubble's bursting, wait an hour or two and then buy the exact same number of bitcoins back at the lower & falling price. Ukyo pockets the cash difference then releases the same number of bitcoins back to the community... win win scenario!

Of course.... all speculation.. if it's falling under legal issues then there's probably a few issues of ownership of the wallet, coupled with the private keys etc etc.

[pascal257]

Or another option could have been to sell all the coins on the market, which should cause the market to plummet a few hundred dollars as people would panic and think the bubble's bursting, wait an hour or two and then buy the exact same number of bitcoins back at the lower & falling price. Ukyo pockets the cash difference then releases the same number of bitcoins back to the community... win win scenario!

total market volume (24h)   ฿ 158604.130

At this moment we know that Ukyo was handling at most a couple thousand BTC. That's definitely not enough to cause a panic. But it's still possible that he thought bitcoin was at an all-time high and sold the coins hoping the price would drop. Unfortunately it did not and somehow "technical issues" with the bitcoind occurred.
But also that is just speculation and meant for entertainment only.

[kost]

Direct copy&paste from my transaction:

Transaction ID: znQ4GZlojsbPqHn8M0lopFAbMv56tIC0
Value: 9.59879879 BTC
Date: 2013-11-07 10:22:28
Ticket opened: 2013-11-08 06:19:57

Status: Processing