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Author Topic: Royal Escrow legit?  (Read 416 times)
MrH4sh (OP)
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November 10, 2018, 07:52:08 PM
 #1

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.

Cant find company id, address or any kind of hard proof this escrow is legit.

Any solid info out there?


https://royalescrow.com


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CoinKingHH
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November 10, 2018, 09:23:32 PM
 #2

Seems legit but if your seller is ok with TMF we have a buyer for 500-1000btc Daylie got LOI ready to go need Mandate Call and close this fast
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November 11, 2018, 12:57:59 PM
 #3

I'm looking for sellers, any here? min 5K btc deal
cbron
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November 11, 2018, 01:02:26 PM
 #4

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.

Cant find company id, address or any kind of hard proof this escrow is legit.

Any solid info out there?


https://royalescrow.com




Tried to reach you over PM but you restricted your contacts there
I am in contact with Royal trustee so if you are real buyer/seller i can connect you with him!
contact me on telegram@Cbrony or leave me msg here!
nantz
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November 12, 2018, 03:34:46 AM
 #5

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.

Cant find company id, address or any kind of hard proof this escrow is legit.

Any solid info out there?


https://royalescrow.com




Tried to reach you over PM but you restricted your contacts there
I am in contact with Royal trustee so if you are real buyer/seller i can connect you with him!
contact me on telegram@Cbrony or leave me msg here!


hi,can't contact your telegram,plz contact me, @nantzwang  
CodyAlfaridzi
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November 12, 2018, 02:17:42 PM
 #6

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.

Cant find company id, address or any kind of hard proof this escrow is legit.

Any solid info out there?
https://royalescrow.com
Nope, never heard of it. It's probably a scam attempt. I'd stay away from these escrows site and stick to reputable Bitcointalk escrow instead as listed here https://bitcointalk.org/index.php?topic=2439910.0

You can do your own research on members listed there and see it yourself. Their trade history and reputation speaks for themselves.
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November 12, 2018, 05:10:27 PM
 #7

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.
Cant find company id, address or any kind of hard proof this escrow is legit.
Any solid info out there?
https://royalescrow.com

If you cannot find any information about them, its a red flag and best to avoid. Research escrows, there are a few good ones out there and on this forum. in my opinion localbitcoins.com is the best. You still have to be wary and if the buyers insist on this particular escrow, it is most likely a scam.
milewilda
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November 12, 2018, 06:33:24 PM
 #8

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.

Cant find company id, address or any kind of hard proof this escrow is legit.

Any solid info out there?


https://royalescrow.com



Dont know if you are just simply promoting this site indirectly but to say frankly i wouldnt much trust those services when it comes to escrow matter.
Try to search up reputable ones on here: https://bitcointalk.org/index.php?topic=2439910.0

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November 12, 2018, 06:51:32 PM
 #9

If you’re looking for any form of escrow, I guarantee that there is a reputable member on this forum is willing to offer their services out there to you. For larger deals, someone like OgNasty or possibly even Blazed may be willing to escrow your transaction; in the end, look at the reputation of whoever will escrow your transaction. If it’s deep green and the noted risked BTC amount in the Trusted feedback section (assuming you have proper DT settings) and also untrusted feedback section is great enough for you, go for it.
audaciousbeing
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November 13, 2018, 07:03:00 AM
 #10

You have come to a forum and ask about a service provider for escrow where the forum itself is full of people who have distinguished themselves in terms of honesty and integrity also in the art of trade for you to choose from. They are even real people that value their names and I don't think the value of your intended trade is more than the total value of what Ognasty have escrowed since joining the forum. The point I am trying to make is that you are better off dealing with people than a site and some of the posts I have seen are kind of advising you to go ahead but the point is if it turns out to be scam, it would surprise you that those advising you are equally the ones behind the site.
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November 13, 2018, 10:55:46 AM
 #11

Man that type of escrow service seems to be unfamiliar to most and that answers your question if you can trust this website with any penny. Sorry but everyone tells you correctly that its better to trust someone reputable in the forum that with that unfamiliar service.

They are hiding their contact info.

https://www.whois.com/whois/royalescrow.com

shield132
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November 13, 2018, 05:10:09 PM
 #12

On twitter they claim: A Decentralized Autonomous Organization Founded Since 2003.
In reality, domain was registered in 2005-05-26. There is no information given on Royal escrow and it's review.
You can also check what was happening on royalescrow.com since it exists, check it on web.archive.org and surprisingly you'll see a lot of blank pages or 403 forbidden text until 2018. Their joined twitter in July 2017. There is no way they would handle transactions worth $900M.
Now decide whether risk and use it or not.

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November 13, 2018, 09:37:01 PM
 #13

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.

Cant find company id, address or any kind of hard proof this escrow is legit.

Any solid info out there?


https://royalescrow.com

How the hell did you find this strange website? I researched google and did not find any comments about this site, it means that this is a site that few or no people used, how you found this site? I saw in your post history that you found another weird site, why the hell do not you use google to find respectable services and that has a good reputation for years

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November 14, 2018, 01:20:36 AM
 #14


Scammers usually fuck up the testimonials for some reason, so I ran the "Stacey and Elijah" thumbnail



thru a search and came up with Hannah Davis



So, Stacey is Hannah and, according to Facebook, Elijah is Chris?

So that means RE are using fake testimonials, which is usually a bad sign re: honesty?
Hmmm.
Not that simple.
Also according to Facebook, Stacey is also Stacey and Elijah is also Elijah

Both couples have a similar profile: adoption, mixed race kids, religion.....
I'm going to revisit this tomorrow.
When I work out who is cloning who, that might help explain why "royalescrow" chose such a complicated couple as character references.


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November 15, 2018, 09:32:10 AM
 #15


Scammers usually fuck up the testimonials for some reason, so I ran the "Stacey and Elijah" thumbnail


Don't know about you, but that's enough evidence for me to stamp them as a scam. Maybe not one right now, but definitely building out towards it. You don't need testimonials like that to build trust. Just take a look around this forum, the Trust system works (until it fails).

With all due respect to the trusted escrows on this forum, whom I'd use, I'd probably still recommend newcomers to at least check out established companies who make escrowing their main service. Coinpayments is first that comes to mind, but there are others.

I keep thinking also that sooner or later, we'll get open source smart contract based escrow in mainstream use (they exist but don't seem to be in regular implementation on Bitcoin). Then we can stop trusting people and companies and trust the coding instead.

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November 16, 2018, 11:20:23 PM
 #16

Anyone have experience with Royal Escrow?
We have been approached by potential buyers wanting to use this escrow.

Cant find company id, address or any kind of hard proof this escrow is legit.

Any solid info out there?


https://royalescrow.com




I would not use any escrows that are off the forum and you haven't heard of.

This one is an obvious scam to anyone that has the slightest experience with dealing with crypto escrows. The thing is that there is only a handful of escrows that I would come to remotely trusting, possibly Bitify being one of them and even for that one I'd be extremely cautious with large amounts.

All the rest of the escrows that have absolutely no branding, you have no idea about, and someone is recommending you to use in a deal with them is just a scam, no doubt about it. It wouldn't be surprising if your "buyers" were in with this scam as well, working together with a team of scammers and/or owning the site itself.
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November 17, 2018, 01:24:45 PM
 #17

Don't even need to go into the details. Any escrow is a trusted third party, I don't trust any website that claims to be an escrow without me knowing them personally. LocalBitcoins escrow is a different case because it's automation and well trusted around.

I would not use any escrows that are off the forum and you haven't heard of.
Forum escrows also have a long history of scamming, thievery and major fuck-ups. Don't trust anyone without prior trading experiences with them.
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November 19, 2018, 03:35:24 PM
 #18

https://royalescrow.com was set up just after bitcoins were launched and the white paper by Satoshi was issued. Back in 2008 the world had been crippled by the greed of Govts and Wall Street and the idea was to set up a decentralized escrow service which could not be shut down by a single government to achieve that goal, there was no need to buy a license from a Govt or obtain a registered office address to allow regulators to shut us down, fine or jail us for doing nothing more than helping others bypass a corrupt system. Bitcoins are not a regulated currency in most parts of the world and therefore no Govt can control this decentralised currency and we adopted the same strategy. Although lawyers dont like us (we cannot be sued very easily) and our use of banks have to be spread around the globe we have more than a dozen in use. We have never taken coins or money from anyone. We would have been flamed all over the internet if we had. We offer the cheapest service available from ANY escrow. We only charge 0.025% of any transaction (for both buy/sell side). Unlike greedy lawyers and competitors some of whom charge more than 0.5% buy side and 0.5% or more sell side.
Many of you seem to take comfort in your lawyers and law firms. But rest assured that you need to ask them for their license to transact bitcoin deals and see their professional indemnity insurance cover which I greatly doubt covers them for trading in bitcoins. Check with the Law Society (their regulatory body in their legal jurisdiction) to name and ask them for a written confirmation that Law firm X is actually authorised or licensed to conduct bitcoin trades or trading or if they are licensed by their law society to act as escrows of bitcoins or huge amounts of cash which their professional indemnity insurance will fail to cover.

Trusting law firms in such deals is no better than the "emperors new clothes" they provide you with no more security than any third party escrow does - and I am sure they wont pay your fees if something goes wrong and they screw up!

Just to clear the air on a matter that is confusing many would be bitcoin traders.
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November 19, 2018, 05:06:32 PM
 #19

<snip> wall of text from newly registered account <nip>
Let's take that bit by bit
Quote
royalescrow.com was set up just after bitcoins were launched and the white paper by Satoshi was issued.
So, 2009/10. Or 2011, according to your PR here

has since 2011, operated a decentralized system

and ICANN confirms the original registration of the royalescrow domain is indeed celebrating its
Quote
Crystal anniversary (15 years)

Amazing then, almost unbelievable, that there is very little indeed in the public domain about Royalescrow, just that one Press Release on July 9th, no campaign, no Twitter follow up...quite amazing for long established Swiss company (with a U.S. phone number) doing
Quote
$900,000,000 weekly

Amazing. Almost unbelievable.

Oh, by the way, sorry about the doubt I had regarding your "satisfied customers" "Stacey and Elijah". It's not your fault that your clients lead double lives, how would you know?
A bit like your latest "satisfied customer" Lindsay Swanson



...how would you know that's not his real name? Or maybe it is, the many other sites using his picture are the fakes?
Not like you would have any KYC or bank details or anything for him for your multi million deals, is it?





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November 19, 2018, 06:55:11 PM
 #20

https://royalescrow.com was set up just after bitcoins were launched and the white paper by Satoshi was issued. Back in 2008 the world had been crippled by the greed of Govts and Wall Street and the idea was to set up a decentralized escrow service which could not be shut down by a single government to achieve that goal, there was no need to buy a license from a Govt or obtain a registered office address to allow regulators to shut us down, fine or jail us for doing nothing more than helping others bypass a corrupt system. Bitcoins are not a regulated currency in most parts of the world and therefore no Govt can control this decentralised currency and we adopted the same strategy. Although lawyers dont like us (we cannot be sued very easily) and our use of banks have to be spread around the globe we have more than a dozen in use. We have never taken coins or money from anyone. We would have been flamed all over the internet if we had. We offer the cheapest service available from ANY escrow. We only charge 0.025% of any transaction (for both buy/sell side). Unlike greedy lawyers and competitors some of whom charge more than 0.5% buy side and 0.5% or more sell side.
Many of you seem to take comfort in your lawyers and law firms. But rest assured that you need to ask them for their license to transact bitcoin deals and see their professional indemnity insurance cover which I greatly doubt covers them for trading in bitcoins. Check with the Law Society (their regulatory body in their legal jurisdiction) to name and ask them for a written confirmation that Law firm X is actually authorised or licensed to conduct bitcoin trades or trading or if they are licensed by their law society to act as escrows of bitcoins or huge amounts of cash which their professional indemnity insurance will fail to cover.

Trusting law firms in such deals is no better than the "emperors new clothes" they provide you with no more security than any third party escrow does - and I am sure they wont pay your fees if something goes wrong and they screw up!

Just to clear the air on a matter that is confusing many would be bitcoin traders.
If you were going to post so much unuseful "information" even if we can call it so, then why don't you want to answer our posts or some of our questions? If your "escrow" is so popular as you claim, there are no reviews or etc available on bitcointalk, not only here but also anywhere. Every company started from this forum, how did you achieve so much "success" without bitcointalk, reddit and no results in google? And on another hand, there is no page of your website available on web.archieve.org (before 2018 of course).

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