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Author Topic: Roger Ver to be sued for defrauding bitcoin newbies.  (Read 2917 times)
Don Pedro Dinero (OP)
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April 27, 2018, 07:49:04 PM
 #1

This has been talked about on this forum. Roger Ver has been (supposedly) misleading newbies, making them believe that bitcoin cash is the real bitcoin:

A group of cryptocurrency enthusiasts is considering filing a lawsuit against Bitcoin.com owner Roger Ver, claiming he deliberately misleads novice investors by exploiting newbies’ confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

The potential class-action lawsuit is being organized by Twitter user @MoneyTrigz, who is the co-owner of Coindaily.co.

The lawsuit is being discussed in a Telegram chatroom called “Bitcoin.com lawsuit/victims,” which anyone can join. The chatroom already has more than 444 members, but it’s unclear how many of them will join the lawsuit.

Ver (also known as “Bitcoin Jesus”) was an early investor in bitcoin startups. He previously backed the original Bitcoin, but has since become an outspoken advocate of its derivative, Bitcoin Cash.
Critics: Ver Is Committing ‘Consumer Fraud’

According to Wallet Investor, Ver is deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to fool gullible investors into buying the wrong bitcoin.

“Considering the site is named Bitcoin.com and is also a hub for selling Bitcoin, Bitcoin Cash, and Cloud mining contracts, this could potentially deceive novice investors and newcomers into buying the wrong Bitcoin.”

....

In the lawsuit chatroom on Telegram, the consensus of cryptocurrency evangelists is that Ver is an unethical “scumbag” who deserves to be sued into oblivion.

One person wrote, “He can rot in hell for that. Will lose noobs’ money sending to wrong addresses. Hurting Bitcoin in the process.”

Another forum member wondered, “How is he allowed to get away with this?”

Still another person summed up the group’s collective sentiment, “I support this movement. Roger Ver is a scumbag.”


More info: https://btcmanager.com/bitcoin-jesus-roger-ver-may-be-sued-for-defrauding-bitcoin-investors/

What do you think about? If he is finally sued and fined and/or put in jail again, I am not going to cry.

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April 27, 2018, 08:32:21 PM
 #2

The moment I read your title I asked myself - "Hey where do I sign in to this"

Don't get me wrong I have nothing against him or BCH, but the way he advertise BCH is disgusting. I am not sure if this will pull off but he can't mislead people about it. I know that some people even get confused while sending between exchanges and sometimes they even mix the 2 and send to the wrong address.
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April 27, 2018, 08:41:12 PM
 #3

A group of cryptocurrency enthusiasts is considering filing a lawsuit against Bitcoin.com owner Roger Ver, claiming he deliberately misleads novice investors by exploiting newbies’ confusion between bitcoin and Bitcoin Cash
I've seen/read actual cases where new buyers got confused several times already. Basically, he's selling counterfeit Bitcoins!

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April 27, 2018, 09:08:59 PM
 #4

I feel that these kind of lawsuits will never get off the ground, or are doomed for failure if they ever get started. When nobody owns the Bitcoin trademark and there are thousands of forks getting generated which use the Bitcoin brand, it would be tough to point fingers at Roger Ver and Bitcoin Cash.


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April 27, 2018, 09:10:14 PM
 #5

I have no idea whether a lawsuit could be won against him, but I would certainly welcome it Tongue
How does he have the audacity to call that trash Bitcoin fork the real Bitcoin. Imagine that newbies send their freshly bought Bitcoins to a BCH address by mistake.

Could definitely see some of those mistakes happen due to newbies getting confused by false statements like that.

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April 27, 2018, 09:20:26 PM
 #6

I feel that these kind of lawsuits will never get off the ground, or are doomed for failure if they ever get started. When nobody owns the Bitcoin trademark and there are thousands of forks getting generated which use the Bitcoin brand, it would be tough to point fingers at Roger Ver and Bitcoin Cash.

Are we sure this isn't an April fools joke sent 27 days late?   This must the capstone to the Bitcoin Cash bashing thugs. Anyone claiming they were mislead about Bitcoin Cash is either lying or not prepared to be involved in the investment world.

It would absolutely be tough to point any fingers at Roger Ver. I can't believe these people are blaming Roger's champion of Bitcoin Cash because the hype didn't take. They have a better case of blaming Bitcoin for being a hard fork target. Hahaha.
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April 27, 2018, 10:09:34 PM
 #7

With how he handled things, that really warrants a class action lawsuit, though I doubt they would really get into it. What he did from a consumer's perspective is fraudulent and you can't defend that no matter how you put it in the court. Nobody owns bitcoin nor bitcoin cash, sure, but misleading people to buy your 'product' (technically, Roger Ver is the face of bitcoin cash and he advertises the hell out of it) while they wanted to buy another product is fraud. I hope that they really are enthusiastic in getting this thing off so as to put Ver behind bars. A once smart man lowered to the ranks of a scum.

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April 27, 2018, 10:46:27 PM
 #8

There was evidence for Roger Ver deliberately misleading people on his website "bitcoin.com".



Image link: https://i.imgur.com/Q639aTC.jpg

Source: https://twitter.com/Ragnarly/status/988535641070751744

There is data which might support a lawsuit, also things like this: https://twitter.com/moneytrigz/status/989263151622426624

From using bitpay which compares bitcoin transaction fees to bitcoin cash fees everytime a payment is made, it seems there is a coordinated and massive effort to convince people to embrace bitcoin cash over bitcoin core. I'm surprised this is a topic which isn't discussed more often as the bias in favor of bch appears to be very strong.

Also don't forget the numerous sock puppet accounts posting bitcoin cash propaganda on this forum. Other coins would also appear to have advertising bots.
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April 27, 2018, 11:19:55 PM
 #9

I never knew about this. Interesting post.

Considering Ver gave up his US citizenship and passport, in which jurisdiction exactly would he be served court papers and effectively be sued and held to account? Ver lives in Saint Kitts and Nevis (a small island in the West Indies in the Caribbean ocean), he is a citizen there.

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April 27, 2018, 11:24:37 PM
 #10

I find this quite positive actually, hopefully it can put some rest to the aggressive conflict between Bitcoin and Bitcoin Cash.
Roger Ver seems to want to appear as a saint, but he's making many shady decisions that will mislead new people..

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April 27, 2018, 11:26:45 PM
 #11

The way BCH is displayed as bitcoin in bitcoin.con is definitely misleading.He should be ashamed to do this and deserves for a lawsuit to be filled against him.

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April 27, 2018, 11:44:21 PM
 #12

The first thing that needs to be done is for a complaint to be made via the "Uniform Domain Name Dispute Resolution Policy" at WIPO (the World Intellectual Property Organisation)

They make binding rulings/judgments on domain name disputes. If the team behind bitcoin.org make a complaint and that complaint is upheld then the bitcoin.com domain will be transferred therefore ownership and all dns etc will not be in the control of Roger Ver.

Before the fork and creation of Bitcoin Cash there was no need to raise a dispute to try to seize control of bitcoin.com as ALL information was about Bitcoin but now it makes sense to do so because visitors browsing bitcoin.org should expect to get the same information as bitcoin.com and vice-versa. Keeping that format, all visitors browsing bitcoincash.org should get the same information as in bitcoincash.org.

The fact people are downloading Bitcoin Cash wallets when visiting bitcoin.com creates massive confusion so there is a case to take to the arbiter. No doubt Ver will use money he made from Bitcoin ironically to fight the case but hopefully Ver will lose or the arbiter will bypass Ver completely by instructing the domain registrar to hand over access to the owners of bitcoin.org

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April 27, 2018, 11:57:56 PM
 #13

This has been talked about on this forum. Roger Ver has been (supposedly) misleading newbies, making them believe that bitcoin cash is the real bitcoin:

A group of cryptocurrency enthusiasts is considering filing a lawsuit against Bitcoin.com owner Roger Ver, claiming he deliberately misleads novice investors by exploiting newbies’ confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

The potential class-action lawsuit is being organized by Twitter user @MoneyTrigz, who is the co-owner of Coindaily.co.

The lawsuit is being discussed in a Telegram chatroom called “Bitcoin.com lawsuit/victims,” which anyone can join. The chatroom already has more than 444 members, but it’s unclear how many of them will join the lawsuit.

Ver (also known as “Bitcoin Jesus”) was an early investor in bitcoin startups. He previously backed the original Bitcoin, but has since become an outspoken advocate of its derivative, Bitcoin Cash.
Critics: Ver Is Committing ‘Consumer Fraud’

According to Wallet Investor, Ver is deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to fool gullible investors into buying the wrong bitcoin.

“Considering the site is named Bitcoin.com and is also a hub for selling Bitcoin, Bitcoin Cash, and Cloud mining contracts, this could potentially deceive novice investors and newcomers into buying the wrong Bitcoin.”

....

In the lawsuit chatroom on Telegram, the consensus of cryptocurrency evangelists is that Ver is an unethical “scumbag” who deserves to be sued into oblivion.

One person wrote, “He can rot in hell for that. Will lose noobs’ money sending to wrong addresses. Hurting Bitcoin in the process.”

Another forum member wondered, “How is he allowed to get away with this?”

Still another person summed up the group’s collective sentiment, “I support this movement. Roger Ver is a scumbag.”


More info: https://btcmanager.com/bitcoin-jesus-roger-ver-may-be-sued-for-defrauding-bitcoin-investors/

What do you think about? If he is finally sued and fined and/or put in jail again, I am not going to cry.


why do you sue him again dont get that, because he channeled potential profit and money earning cattle from bitcoin to bitcoincash owners?

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April 28, 2018, 12:07:35 AM
 #14

There was evidence for Roger Ver deliberately misleading people on his website "bitcoin.com".



Yup. That's a load of malicious shit that needs dealing with. Whatever your feelings are about BCH, that's flat out deception. Bitcoin.com is the second result for 'buy Bitcoin' for me.

Innocent newcomers should not be raped to appease one nutter's crusade.
KingScorpio
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April 28, 2018, 01:31:57 AM
 #15

There was evidence for Roger Ver deliberately misleading people on his website "bitcoin.com".



Yup. That's a load of malicious shit that needs dealing with. Whatever your feelings are about BCH, that's flat out deception. Bitcoin.com is the second result for 'buy Bitcoin' for me.

Innocent newcomers should not be raped to appease one nutter's crusade.

how did he got the domain www.bitcoin.com

this gives him a lot of power

he is not on a crusade,

he is just lobbying

Coinky
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April 28, 2018, 02:28:54 AM
 #16

bitcoin.com and bitcoin cash is a big scam.After LN Bitcoin cash will become absolete
Bitcoin cash is cashing in bitcoin brand.Stayaway

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April 28, 2018, 03:49:51 AM
 #17

bitcoin.com and bitcoin cash is a big scam.After LN Bitcoin cash will become absolete
Bitcoin cash is cashing in bitcoin brand.Stayaway

with or without LN makes no matter, bitcoin cash is obsolete NOW and always. increasing the block size didn't make a difference. it just created an illusion of solving the scaling issue and that illusion seemed correct only because nobody was even using BCH and blocks only had a dozen transactions in them unlike bitcoin with ~2000 tx per block.

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voidmonk
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April 28, 2018, 03:55:52 AM
 #18

Hopefully this will at least give it more coverage in major news publications so the public can become more aware. Any legal experts know whether this lawsuit might have any legal standing in court?
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April 28, 2018, 07:49:45 AM
 #19

What do you think about? If he is finally sued and fined and/or put in jail again, I am not going to cry.
I like the intention behind the lawsuit, to protect new users from the propaganda of misleading new users into believing bitcoin cash as bitcoin but i do not think that he is going to get into any trouble because he is not violating any laws here as he is not rejecting bitcoin but he advertise it as bitcoin core, the other problem is that he is not an US citizen as he renounced his citizen in 2014, i am not sure where this lawsuit will be filed. One positive aspect i see from this lawsuit is that it will give more media attention and awareness to new users so that they do not get deceived.
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April 28, 2018, 07:51:16 AM
 #20

This lawsuit will go absolutely nowhere. It's similar to the lawsuit against cigarettes for "killing people". At the end of the day, it's your choice to believe him and anyone even remotely educated on cryptocurrency would understand the difference between BTC and BCH
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