Statement regarding CryptoRush.The past couple of weeks have resulted in quite the scandal surrounding CryptoRush. On top of the negligent loss of close to 1200 BTC, the owners of the site (and I am not referring to “Fyr”) actively endorsed the creation of “CryptoRushShares” knowing full well that their organisation was insolvent. At this point, negligence turned to fraud.
Yesterday, I personally approached the CryptoRush team to see if there could be any attempt at salvaging them. This came as a result of a number of members of the community approaching us and asking if we could help them. We would assume the liability, take over the operation (fold it down), and slowly repay people over time based on a % of our profits. We would be doing this solely to help the community, and prevent people from being (quite bluntly) screwed over. After finding out more information, I retracted the offer. I have learned that “Kristian” (apparently the sole owner) was aware that CRS was a complete and utter scam, and I have learned that he is endorsing the pump of a few coins that the “new owner” is involved in. At this stage, I am more than confident that there has been active harm caused to the community by these owners (not just “Fyr”).
When I pulled out, I went to the owner and pointed out that he needed to suspend trading, probably file for bankruptcy, and urgently seek the help of a lawyer. His response was to threaten to “finish me and my company” once he “regains his power”. So despite actively defrauding the community, he has every intention of regaining his power… and finishing me.
Today, I was invited out of the blue in to a Skype conversation with “Simec” and “Linkandzelda” (Kristian). I invited our Chief of Operations (Landon Merrill) as a witness to anything that may occur. Simec claimed to be representing Kristian, and that he was an associated with the firm Di Tanno (
http://www.ditanno.it ). When myself and Landon requested his name so we could verify this, he refused to provide it. Repeatedly.
He stated that if we did not immediately stop discussing CryptoRush, he would be making “our offshore management” public knowledge. See, there’s a slight problem… on top of the fact that I do not react well to being threatened, this is already public knowledge. Moopay LTD is based in the UK, moolah.io Inc is based in the US. We started out in Switzerland with a primarily remote team, and still have a mailing address in Switzerland that we use as a central location for mail (which is provided by Regus). Our management and shareholders are publicly disclosed and available from Companies House in the United Kingdom. moolah.io Inc is registered in the state of Wyoming, and is actively pursuing full FinCEN compliance (filing started prior to the 180 day grace period by a considerable margin). We have a full-time team of 11 (who are all known, and disclosed), and we’re moving our physical operation to Ireland where a number of the staff are going to be relocating to, in the next month or so. So… pray tell what magical knowledge you are trying to blackmail us with?
“so, you are pleased to stop using the word fraud, either in private or public statement”
“referng, but not liited, to twitter statement, facebook, other social media, and any other form of public and private communication”
“with the gentle request to stop contacting the formerly owner of the business known as cryptorush, either in private or public” (I had blocked the owner before this point, as I was sick of attempting to make sense of his statements.)
“that i have been hired for protect the interest, since now and the future of my costumer“
“I’m associate with the legal office “di tanno and associates”“
“now i understand when the privious owner contacted me, stating that you was the most inhumane person ever met, what he meant“
When we yet again requested evidence of his association with Di Tanno, and his name (as he was claiming to be legally representing CR as a solicitor)…
“Send me your ceritfied email, fax number and you will receive in 1 hour”
That’s the first time I’ve had a lawyer refuse to give me his name when he is claiming to represent somebody.
So at this stage, we’re being threatened by the current/previous/future (I am no longer sure) owners of CryptoRush, who on top of losing a large number of funds due to negligence, were actively involved in defrauding their customers by knowingly providing shares in an insolvent company. Apparently we (and myself personally) are finished once they regain their power. I’ll be quite honest, me and my team find this rather hilarious – though the fact that so many people have lost their coins as a result of this is extremely saddening.
I would like to appeal to the owners of other secure and compliant exchanges (Coinbase, Kraken, Vault of Satoshi, Coinmkt, etc), let’s stop this sort of thing happening. Let’s try to help the people affected, and let’s try to educate people so this doesn’t happen yet again.
And most of all, let’s not buckle to thin attempts at blackmail.
http://blog.moolah.ch/2014/04/01/statement-regarding-cryptorush/
