ok, this info about fraudulent dealings with hashfast trending in other sections.... namely here;
https://bitcointalk.org/index.php?topic=1105722.0since kenny was in bed with hashfast I feel this info is of GREAT interest to the users here who got burnt by this whole sham.
Sooooo, 'someone' got a matter that deserves wide interest and general discussion promptly moved to "Scam Accusations" side topic.
https://bitcointalk.org/index.php?topic=1105722.0 even though 5 legendary high-trust members felt fit to comment upon it. It is time to begin a meta discussion about how we deal with known bad actors from inside bitcointalk. Especially now we have clear knowledge of paid disinformation agents covertly running pay-per-topic-pumping schemes on these forum boards.
We cannot tolerate knowingly harboring nascent scammers and paid shills in our midst. Would the moderator who moved the above topic like to explain who contacted him/her and if he was paid to move the topic by cypherdoc to do so?
Here was the original legal document if anyone can't be bothered linking to the revelation. Judge for yourself if this scandal is worthy of general discussion?
gov.uscourts.canb.532683.1.0.pdf
Inside that document the title will be:
California Northern Bankruptcy Court Case No. 15-03011 Hashfast Technologies LLC- Adversary Proceeding Document 1
Examine p1, pg 6. And I quote:
"At the times of the Transfers, the BTC transferred to the Defendant were worth $363,861.43. Based on the value of the BTC at the time of the transfers, the Defendant received approximately $11,370 per day or $2,274 per post on the “HashFast Endorsement” thread on Bitcointalk.org. By contrast, the highest salary paid to any principal or employee of HFT and/or HF was $144,000 for the entire calendar year of 2013."
Examine p3, pg 6. And I quote:
"At the time of the Transfers, the Debtors owed substantial sums of money and/or equipment to numerous customers and/or vendors. Many of these obligations remain unpaid and constitute general unsecured claims against the Estate. As of September 30, 2013, the Debtors’ balance sheet had a negative equity balance of about $5 million."
http://www.plainsite.org/dockets/2k5w2nwul/california-northern-bankruptcy-court/hashfast-technologies-llc-adversary-proceeding/Looks like
cypherdoc siphoned
3000BTC off Hashfast while customers were pre-paying for undelivered mining equipment. The payments were made in return for his 'shilling' on bitcointalk.org in the
HashFastEndorsement thread. So probably some kind of pass-thru, tunnel or quid pro quo arrangement to ultimately bilk HashFast customers, I mean $2,274 per post, wtf?!
Edit: okay, I got a reply from the mod who moved the original post and it seems like he legitimately thought it was a scam accusation, although I didn't intend it like that. I think it is because the court documents show defense claims of $2,274 per bitcointalk.org post seem so outrageous on the face of it that the original post may indeed look like a scam accusation, which it isn't per se.
seeing as how the "hashfast deal" that ken may or may not have done, obfuscated with grandiose claims of NDA and ultimately blamed for the ultimate downfall of the already doomed and failed ACTIVEmining... it makes me wonder what exactly Ken's real relationship with hashfast was? what kind of back-room chicanery was really going on? just how deep does this fraud run? as far as kenny is running from the law right now?
also makes me wonder confirms my suspicions about zumzero's role in this whole fiasco, his incessant shilling and constant denial (dont bother commenting zum, ive had you on ignore for months)
anyways... the plot thickens....
