Was one of the first players on PocketRockets back when they had Chinese Poker. (6 years ago maybe?) Dean always seemed like a good guy to me. Sad to see the crap he's pulled in the last year.
Things went downhill from December 2016 onwards when he closed the betking website after his voluntary and unilateral decision to return the bankroll to investors.
The period of pocketrocketcasino and its transition to betking all that period pre-December 2016 was a golden time for betking but he got greedy. He decided to return bankroll funds to investors because he thought he would make a huge profit simply by using the betking name to seek investors for an ICO rather than share profits with bankroll investors and that was after he tried to sell the website on numerous occasions but failed and his his first attempt at raising ICO funds failed:
https://bitcointalk.org/index.php?topic=1676311.0https://bitcointalk.org/index.php?topic=1697106.0It was his greed that got the better of him. Sure, by the time the site was up and running after the ICO in September 2017 the investors had not realised that all the game players had abandoned betking and were using Bustabit, Bustadice, Stake and Primedice and some smaller websites. Nobody was interested in betking any more. Not only did serial scammer Dean Nolan siphon-off ICO funds to his own back pocket he also stole funds that the ICO promotional material clearly showed were to be used for designing, promotional, legal and other things.
At no stage were any of the 100 million ICO tokens (70 million were public sale and 30 million for to be retained by betking) supposed to be owned by serial scammers Dean Nolan:
50% of ICO funds (which equated to +500 BTC, +2250 ETH and +425 LTC) were supposed to be used for "marketing, promotions, SEO, design development, server costs and legal"
30 million BKB tokens that betking retained for "ICO bounties, testing bounties, advisors, hiring, future marketing and development"
The serial scammer imbecile slipped up when he admitted he stole the 30 million BKB tokens that were supposed to be retained for "ICO bounties, testing bounties, advisors, hiring, future marketing and development":
https://bitcointalk.org/index.php?topic=1974926.msg20350022#msg20350022and here an excellent post by marlboroza:
https://bitcointalk.org/index.php?topic=4751127.msg44790903#msg44790903The list of his scam is
HUGE but the fact is just the 30 million BKB that serial scammer Dean Nolan scammed at the guaranteed buy-back rate of $0.0928 means
he stole a minimum $2.784 MILLION and brought betking to its knees when he deliberately used the ICO bankroll funds to use in the buy-back because he wanted to sell those stolen 30 million BKB.
As for all the other ways he siphoned-off funds by pretending to use them on "developers" and "marketing" shows serial scammer Dean Nolan is and always will be a conniving little thief.
I was warning investors about the betking ICO in 2017 but people did not take me seriously just because serial scammer Dean Nolan returned 6000 in bankroll funds to the people that they belonged t, as though he deserved a pat on the back for that:
https://bitcointalk.org/index.php?topic=1974926.msg20248320#msg20248320https://bitcointalk.org/index.php?topic=1974926.msg20100892#msg20100892https://bitcointalk.org/index.php?topic=1974926.msg20104135#msg20104135