After IDAX, now Dash?

[Aaroenz0r]

A senior advisor for the Dash Core Group has apparently disappeared with the funds of several investors. Concerned parties within the community are left trying to put together the pieces.

A prominent individual within the Dash Core Group has apparently gone missing in what is increasingly looking like an exit scam. The now-gone senior advisor for Dash, known by his moniker ‘moocowmoo,’ was also the owner of a service specializing in ‘masternode shares.’ The individual has disappeared and apparently run away with the funds of several Dash investors.

Click here for the full news

Oh my, oh my, oh my! What is going on now in the cryptoverse?

Earlier, we have IDAX CEO who suddenly disappeared with the cold wallet. Right now, Dash's senior advisor follow suit by disappearing with the investors' hard-earned money?

I just do not know who's next. It means that even if you are a reputable kind of project, someone in your team would likely turn their back on the project and may do "evil stuff". Betrayal in short.

It means that any time of the day, week, month or year, one or a few in every crypto project may be the "dark horse/s" who would betray or "faking" their loyalty. Their public reputation and trust would be affected as well.

oh my god. This is really not what we expect from the top coins. But anyway, Dash will tend to solve it and fortunately it's not Dash's CEO. but this shows the loose policy of controlling Dash's cash flow and this will cause distrust in their large community. Hopefully Dash will soon announce the resolution and return the money to the loyal investors in the shortest time.

[Jercyhora2]

Upbit, IDAX, and now this DASH.
Expect the BTC dwindled price because of these subsequently circumstances. If this negative news keep on coming it will surely drive away most of investors that can cause bearish market.

It has advatages and disadvantage ;

Advantage to those whos waiting or currently buying BTC or other altcoins.
Disadvantage to those who trading and buy at the high price

I think they're so affected in the ATL market, that they didn't manage to resist it until they let go and flee. This kind of people are the one on major reason why our market is still in pain.

[Anonylz]

Upbit, IDAX, and now this DASH.
Expect the BTC dwindled price because of these subsequently circumstances. If this negative news keep on coming it will surely drive away most of investors that can cause bearish market.

It has advatages and disadvantage ;

Advantage to those whos waiting or currently buying BTC or other altcoins.
Disadvantage to those who trading and buy at the high price

I think they're so affected in the ATL market, that they didn't manage to resist it until they let go and flee. This kind of people are the one on major reason why our market is still in pain.

Honestly, it is very painful to see already established projects suddenly exit scam, if this is happening with newly lunch project i can understand to some extent but in a situation where project with known track record to go bad is very wrong, this is a disappointment to crypto, now even project that have stayed for some time in the market can't be trusted, there is a big problem with trust in the cryptocurrency space, until this is address, i don't see how the much needed adoption will happen

[Jercyhora2]

Honestly, it is very painful to see already established projects suddenly exit scam, if this is happening with newly lunch project i can understand to some extent but in a situation where project with known track record to go bad is very wrong, this is a disappointment to crypto, now even project that have stayed for some time in the market can't be trusted, there is a big problem with trust in the cryptocurrency space, until this is address, i don't see how the much needed adoption will happen

I my opinion, circumstances like this is normal in crypto space but if this phenomenon frequently happens it may lead to rejection of adoption. Majority of us don't noticed that wicked individual constantly progressive in terms of stealing funds. We all know the crypto space is full of thieves and after the few era they keep on upgrading in terms of stealing. If there's no idea come out that can save investors funds we expect that the adoption don't take place. 

[amp]

Having actually dug into this, these holders of masternode shares are still getting paid out weekly meaning no funds that we can see have been moved from their storage addresses. Users are just not getting their funds returned to them in a timely fashion. So most of this is FUD and clickbait. And from what i can dig up only a couple people are complaining about this, and only one has provided some of evidence of having shares.

[bitcampaign]

I think a lot of these cases aren't just on DASH and IDAX, everything that is centered will end up like this, sometimes everyone can forget and be tempted by big money so they can just disappear, but it's strange to me why they didn't do it a few years ago, could they be kidnapped

Maybe they experience bankrupt thats why they do it now. And the masternode share is they think enough to live happily now without thinking about thier future  problem. They just need to hide now to the public and go to a place that no one know him.

it also makes sense that they don't want to be honest they're bankrupt, making manipulation that their CEO ran away and disappeared, but they could also be kidnapped as I thought, but let me not hold DASH so I'm not worried they ran away from the project, but it's a pity for investors DASH certainly has a sense of disappointment if they feel disadvantaged

[TanakabZX]

Like i have said before crypto space is bleeding for regulations, all this nonsense acts have to stop or else adoption will turn to rejection, investors needs to be safe from these monsters called CEOs, they have turn crypto into scam haven

[qwizzie]

Looks like those Dash users that not automatically got their funds back after Moocowmo's masternode service got shutdown, are now getting their funds back from moocowmoo  :

https://www.dash.org/forum/threads/moocowmoos-mn-shares-not-returning-funds.49017/#post-218323





I know it has been overdue and frankly a rather frustrating experience for these Dash users who were trying to get their funds back, but it seems to be resolved now.

[joseyphil82]

Crypto space is really unpredictable, no say the truth its not safe, as a crypto investors one need to consider the risks first and always have in at the back of your mind that anything can happen, do not leave your coins on exchanges

[crwth]

This is somewhat the concern with people, having the power and control over almost everything, mostly concerning money, and then they probably have evil thoughts just to run away. Maybe they have gone with their urges and flew to another country in which they are not recognized and relax when everything has died down. It depends on people on why they are going to do that and reasons that are common are listed below:

• Probably face criminal/jail time
• Mental problems
• Domestic abuse

This list is some from the top of my head. I'm not judging or criticizing anyone, but they decided to go away from all the noise. It's a good thing that I hadn't had any funds left in IDAX before the CEO went missing. I hope everyone could and have withdrawn their funds left there.

[tippytoes]

Looks like those Dash users that not automatically got their funds back after Moocowmo's masternode service got shutdown, are now getting their funds back from moocowmoo  :

https://www.dash.org/forum/threads/moocowmoos-mn-shares-not-returning-funds.49017/#post-218323

--


I know it has been overdue and frankly a rather frustrating experience for these Dash users who were trying to get their funds back, but it seems to be resolved now.

Just be grateful that they got their money back after months of waiting. Other users should try again and might get their share also. I guess some of them didn't expect that they can get their money anymore. But with the noise it created, somehow moocowmo is doing the right thing now. And take the opportunity as long as it lasts.

[amp]

It should be mentioned that you can get shared masternode/pooled masternode with neptune dash (last i checked) which is a public traded company with owners such as fidelity and blackrock. This is much safer. Also there is crowdnode which resolves some of the transparency issues and holds their nodes in multisig wallets.

[masterrex]

Another bad news in the crypto industry, dash being a top cryptocurrency in the market was victimized by its own "anonymous" advisor sounds disturbing, I'm hoping that it will not bring any doubt and much damage in the crypto industry i don't like these kind of situation nowadays too many bad incidents that was giving negative publicity to the entire crypto industry.

[AjithBtc]

This doesn't seems to be the scam as idax. Now the users were getting back their funds. This has been confirmed by an user above. Idax is very new to the cryptocurrency network, it gained good reputation listing few new cryptocurrency that grew high in the market. Das isnt the same, with dash the incident that has taken place seems to be done by one of the prominent member. This will be solved by the rest of the members as they want dash to grow higher and higher.

[alyssa85]

A senior advisor for the Dash Core Group has apparently disappeared with the funds of several investors. Concerned parties within the community are left trying to put together the pieces.

A prominent individual within the Dash Core Group has apparently gone missing in what is increasingly looking like an exit scam. The now-gone senior advisor for Dash, known by his moniker ‘moocowmoo,’ was also the owner of a service specializing in ‘masternode shares.’ The individual has disappeared and apparently run away with the funds of several Dash investors.

Click here for the full news

Oh my, oh my, oh my! What is going on now in the cryptoverse?

Earlier, we have IDAX CEO who suddenly disappeared with the cold wallet. Right now, Dash's senior advisor follow suit by disappearing with the investors' hard-earned money?

I just do not know who's next. It means that even if you are a reputable kind of project, someone in your team would likely turn their back on the project and may do "evil stuff". Betrayal in short.

It means that any time of the day, week, month or year, one or a few in every crypto project may be the "dark horse/s" who would betray or "faking" their loyalty. Their public reputation and trust would be affected as well.

What's going on is the same thing that has been going on since the beginning. Don't keep your coins in exchanges, don't trust them to other people. Be your own bank.

[ragavancoin]

All these are common in crypto market this had happened few week before itself not now, even if senior advisor Dash Core has disappeared it will not effect Dash and investors because co-commity has the ability to safe investor funds so I hope all is going well in Dash.

[qwizzie]

All these are common in crypto market this had happened few week before itself not now, even if senior advisor Dash Core has disappeared it will not effect Dash and investors because co-commity has the ability to safe investor funds so I hope all is going well in Dash.

* No Dash senior advisor disappeared with funds
* The issue with some Dash users not automatically getting their collateral back after moocowmoo shutdown his masternode service has been resolved very recently (yesterday)

Link : https://bitcointalk.org/index.php?topic=5206617.msg53263741#msg53263741

I understand people like to discuss juicy stories, and this certainly looks like a juicy story from the outside.
It has been debunked however and is now (as of today) very much the opposite of what happened with IDAX.

Personally i rather want to know what happened with Monero's official website that got hacked, and injected with coin-stealing malware
that hit at least one user with thousands of dollars ($7000?). Will this user's stolen coins get refunded by Monero's Core Team ?
(the Monero website safety and security is their responsibility after all).

Not a word on how that hack occurred in the first place (inside job ?). Sounds like a much more juicy story to me.
Maybe OP can change title now to "After IDAX, now Monero ?"  

  

 

[joshy23]

All these are common in crypto market this had happened few week before itself not now, even if senior advisor Dash Core has disappeared it will not effect Dash and investors because co-commity has the ability to safe investor funds so I hope all is going well in Dash.

No one knows how this coin will perform after this news. It's only a matter of time before any movements from the market will take place. Most the time there's bad implications if the team won't be able to comes up with a good plan to resolve or try to drive back the situations. Need to be more extra careful if you are still interested in investing with this coin.

[qwizzie]

No one knows how this coin will perform after this news.

Well, since the latest news is that Dash users got their funds back, i guess it can only be performing better.
At least i hope it will.

[jagaban]

I think I read about this earlier and then they released a news update that this is a hoax and customers coins were never stolen. We need to regulate media in crypto to avoid circulation of fake news