dothebeats
Legendary
Offline
Activity: 3738
Merit: 1354
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2023, 08:19:52 PM |
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What a waste but as per owlcatz I think the chance is too slim for the investors to get there money. I hope yogg will face jail time, this isn't something of an ordinary, this was like a case of a hardcore addiction that lead him to do this. I don't know how Cold Keys work but I think I joined his raffle in the past, good thing I didn't won or else I may have used it too.
Yogg will surely just opt to face jail time rather than repay what he took, or he does the right thing and work for whatever amount he stole from those 86 collectibles he stole from. Everyone who has those collectibles are burned now, and have no way of reselling those collectibles for a profit later down the line which every one of them hopes for. If I were Yogg, I'd try and make amends by promising to repay whatever amount I stole in order to avoid jail time. Of course, it's no easy feat but it's something that should be done and prioritized by him if he wants to keep his freedom.
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rhomelmabini
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2023, 09:48:44 PM |
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What a waste but as per owlcatz I think the chance is too slim for the investors to get there money. I hope yogg will face jail time, this isn't something of an ordinary, this was like a case of a hardcore addiction that lead him to do this. I don't know how Cold Keys work but I think I joined his raffle in the past, good thing I didn't won or else I may have used it too.
Yogg will surely just opt to face jail time rather than repay what he took, or he does the right thing and work for whatever amount he stole from those 86 collectibles he stole from. Everyone who has those collectibles are burned now, and have no way of reselling those collectibles for a profit later down the line which every one of them hopes for. If I were Yogg, I'd try and make amends by promising to repay whatever amount I stole in order to avoid jail time. Of course, it's no easy feat but it's something that should be done and prioritized by him if he wants to keep his freedom. I hope he is. Good lord 86 of them? Well, if he can make amends but does he has the light mind right now to do that? If he goes directly to jail, then, repayment wouldn't be possible. The damage was around less 2 BTC (as per what I read on other topics created) and we don't know if yogg has that kind of money right now considering the case that he scammed those collectors. This guy won't get away with it, he's known entirely and he just sold his reputation that low because of gambling addiction.
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Johnyz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2023, 09:57:59 PM |
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This could be a big issue now with those collectibles, and probably they will just remain a collectibles and no one will buy it since its already exposed from a hacked. If the gambling addiction is the problem here, most probably he liquidated all hist assets and used other resources just to support his addiction, this is too bad for the whole collectibles industry, it will be hard to trust other again especially for the auction.
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ultrloa
Legendary
Offline
Activity: 2856
Merit: 1254
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January 13, 2023, 10:04:46 PM |
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For the ones who do not follow Collectibles forum ( https://bitcointalk.org/index.php?topic=5434506.0): Cold Key owner retrieved private keys of all the sold 'cold wallets' he produced and as he was in need because of gambling he stole all the funds. Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?". Its really unfortunate event on what happen to coldkey owners since this incident is unexpected but I don't see the person involve saying that it has to be done by gambling that's why he stole all the money of coldkeys owner. Maybe its his personal choice to scam people and provably this is long time plan already. Maybe he's gambling headed dude but I don't see this a reason why he scam people.
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Wakate
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January 13, 2023, 10:17:34 PM |
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In such a way there's no how you can sue the provider to law for such risk and loss they have put many through, but to be sincere gambling is all about risk but not in taking this kind of risk that is associated to handling our funds, isn't it better to always safe up such amount needed to gamble with alone than having the entire funds at stake, once it's not your keys then the coins are confidently not yours as well.
This is why need to be very careful about how we gamble and the level of risks we are taking when we bet so that we can be able to measure our risk to reward and prepare for the worse should in case anything contrary happens to our funds. Although no body expected this to happen but so far, this is an eye opening for us to be more extraordinary careful should Incase we want to indulge in this kind of risk. Everything we do has it own risks to be taken which calls for prompt understanding of our interest in going for more gambling or lesser betting.
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wheelz1200
Legendary
Offline
Activity: 3724
Merit: 1411
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2023, 10:25:56 PM |
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For the ones who do not follow Collectibles forum ( https://bitcointalk.org/index.php?topic=5434506.0): Cold Key owner retrieved private keys of all the sold 'cold wallets' he produced and as he was in need because of gambling he stole all the funds. Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?". Yogg scammed it and stole people's money. It wasn't all of the cards just a certain series I think but who knows. There are more still loaded but yeah they can all be able to be considered breached. Gambling doesn't do this to people, people do this to people. He stole, whatever the reason he stole from people period. Nothing to do with gambling, if not gambling it would have been for something else.
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AmoreJaz
Legendary
Offline
Activity: 3206
Merit: 1103
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2023, 10:40:50 PM |
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For the ones who do not follow Collectibles forum ( https://bitcointalk.org/index.php?topic=5434506.0): Cold Key owner retrieved private keys of all the sold 'cold wallets' he produced and as he was in need because of gambling he stole all the funds. Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?". Its really unfortunate event on what happen to coldkey owners since this incident is unexpected but I don't see the person involve saying that it has to be done by gambling that's why he stole all the money of coldkeys owner. Maybe its his personal choice to scam people and provably this is long time plan already. Maybe he's gambling headed dude but I don't see this a reason why he scam people. if you're in a desperate position, you will go out of your way just to cater your desires. so yes, even if we say, he can't do it, well, he did it. some people will resort to unexpected moves if they see it necessary given his situation on hand. it is not the first time we are hearing such sad story, but it won't be the last. if you are in deep in gambling, sometimes your logical reasoning is out of hand already.
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BitcoinPanther
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2023, 10:41:01 PM |
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For the ones who do not follow Collectibles forum ( https://bitcointalk.org/index.php?topic=5434506.0): Cold Key owner retrieved private keys of all the sold 'cold wallets' he produced and as he was in need because of gambling he stole all the funds. Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?". More than gambling addiction, it seems like a cold blooded scam! The seller intentionally did this with a plan it seems! Gambling addiction could be one of the reasons but this one doesn't look like one typical case. It looks like a well planned scam. I agree it was a planned scam. I believe the private key generated on those collectibles held by the creator was destroyed upon printing and sealing it on the item so that creator won't have any access to the Bitcoin that is funded on those items. So seller keeping the private key intact means he has plan in ransacking those funds. I do not think it is the gambling addiction but rather a scam was planned ahead of time. Now due to the nature of cryptocurrency, it will be extremely difficult to find that person who staged this entire incident. All the best!
I believe someone from the forum know the contact number of the perpetrator. So I believe there is a chance to find this guy.
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Darker45
Legendary
Offline
Activity: 2688
Merit: 1897
Crypto Casino and Sportsbook
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January 14, 2023, 01:35:17 AM |
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Well, that question, "how may I trust you?" should always be there. And the answer should always be that you shouldn't trust anybody. A long reputable track record is not a guarantee. Neither are the green trusts. Nothing is a guarantee.
In the first place, however, why were there private keys to be retrieved? You aren't the custodian of the coins of the loaded items you are selling. You have no business keeping the private keys of wallets that are already bought. They don't belong to you. Keeping them means you already have that criminal mind.
Anyway, gambling has always been dangerous. Heck, it is deadly.
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Wexnident
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January 14, 2023, 01:52:24 AM |
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Damn, that's a long ass thread, rightfully so though. I believe this is a perfect example of how long-lasting businesses can, at a single moment, turn their backs on you and just kill any sort of connection you've had with them. I believe anyone interested in the issue could visit the thread so no need to describe it that much, just know that whether it was intentional or not, it was a very asshole move, if that's enough to describe it. I think this is one of the better instances though since some of his acquaintances were here, they know him personally (and probably where they live) so filing a police report that will take effect is much more likely to happen. Idk if his intention was to save the addresses for other uses (such as personal emergencies or something) or just to really fund his gambling addiction, if it was the latter then damn that's dedication and he probably needs big help (after a pretty long sentence though). The damage was around less 2 BTC (as per what I read on other topics created) and we don't know if yogg has that kind of money right now considering the case that he scammed those collectors. This guy won't get away with it, he's known entirely and he just sold his reputation that low because of gambling addiction.
If he had I don't think he would've avoided the issue and would've answered the queries here himself. He instead ran away and let the ones who contacted him inform the rest of his customers instead. The issue wouldn't be over with paying the money he stole, but at the very least, it would've been enough to credit it as an "impulsive (VERY) action" on his stead.
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danherbias07
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January 14, 2023, 02:19:14 AM |
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Oh crap. Gambling addiction does so many bad things, decisions, and choices. He wasted the business and like @owlcatz said the future value of those cards. It's definitely a sad story and I believe this should not happen again but we don't really know each other here so trust issues will be a big thing. Reputation should be earned before trusting them with anything. Both parties lost a big sum of money here, and that includes the gambler who I think also lost everything after reading the story, he said he was crying the whole time. But, this is a big mistake that should be dealt with, tears won't pay the bills.
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Hispo
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January 14, 2023, 03:04:16 AM |
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I just finished reading the thread. What a disgrace to the collectibles community and the forum in general. It is almost unbelievable the way someome could possibly sweep peoples money from their wallets, it is the kind of behavior one would expect for the lowest of the scammers on the internet and yet, it seems to have been pulled off by a very reputable member of this forum.
Shameful, the fact he allegedly confessed to be a "degenerate" gambler to their friends only makes things worse. They are even trying to get police involved...
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Strongkored
Legendary
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January 14, 2023, 03:38:59 AM |
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If I were Yogg, I'd try and make amends by promising to repay whatever amount I stole in order to avoid jail time. Of course, it's no easy feat but it's something that should be done and prioritized by him if he wants to keep his freedom.
If I am the victim then whatever he promises is not supposed to be believed, he has already broken the trust before and he doesn't deserve this opportunity seems cruel but jail time is what he deserves unless he has enough assets that he can pledge in a third party as collateral that he will pay for what he stole and all his assets will be returned after all the money is returned. The gambling addict cannot be trusted, but i agree with some people that this is like a premeditated scammed, and the excuse of gambling addiction is just an excuse to make him also seen as a victim of evil.
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wxa7115
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January 14, 2023, 03:51:07 AM |
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For the ones who do not follow Collectibles forum ( https://bitcointalk.org/index.php?topic=5434506.0): Cold Key owner retrieved private keys of all the sold 'cold wallets' he produced and as he was in need because of gambling he stole all the funds. Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?". It's sad to see such a big name in the forum, who apparently created so many timeless and beautiful coin pieces, fall over in such a selfish way. Not only that, it creates ripples and damages the reputation of any future collectible creators because less people will be so trusting in future after such a widespread scandal. I think it's a bit lame to blame it on a gambling addiction, because there are some addicts out there who know their limits and do not stoop to the level of stealing to fund it. If you want to spend your own money on this, do as you please, but once you start stealing other peoples hard earned cash you have crossed the line into criminality and financial fraud which is far beyond normal behavior. I think the same, he is trying to blame this on his supposed gambling addiction, but he should not have those private keys to begin with, those keys should have been destroyed long ago, now it seems he claims keeping those private keys was an accident, but when did he exactly discover those keys still existed and why they were not destroyed immediately? If that happened before his gambling addiction took place then we can say there was a clear intent on eventually scamming his customers, and his gambling addiction would be nothing more than an excuse for his behavior.
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btc_angela
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January 14, 2023, 03:53:47 AM |
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For the ones who do not follow Collectibles forum ( https://bitcointalk.org/index.php?topic=5434506.0): Cold Key owner retrieved private keys of all the sold 'cold wallets' he produced and as he was in need because of gambling he stole all the funds. Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?". For sure, it will put a dent on the collectible markets now as it put a bad spotlight for a project that Yogg has built for years and not it crumbles into dust. And it could be the main reason that at the end of December, Yogg says that he is stepping down on the project. And after that, boom all those who purchase the Cold Key from Yogg or those close to the projects, suddenly swipes their bitcoin and it's gone just like in a blink of an eye. Gambling addiction is real and everyone is vulnerable. I will not trust anything on what this guy is going to say next, whether paying his customers (most likely not).
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Kemarit
Legendary
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Fully Regulated Crypto Casino
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January 14, 2023, 03:56:25 AM |
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For the ones who do not follow Collectibles forum ( https://bitcointalk.org/index.php?topic=5434506.0): Cold Key owner retrieved private keys of all the sold 'cold wallets' he produced and as he was in need because of gambling he stole all the funds. Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?". It's sad to see such a big name in the forum, who apparently created so many timeless and beautiful coin pieces, fall over in such a selfish way. Not only that, it creates ripples and damages the reputation of any future collectible creators because less people will be so trusting in future after such a widespread scandal. I think it's a bit lame to blame it on a gambling addiction, because there are some addicts out there who know their limits and do not stoop to the level of stealing to fund it. If you want to spend your own money on this, do as you please, but once you start stealing other peoples hard earned cash you have crossed the line into criminality and financial fraud which is far beyond normal behavior. I think the same, he is trying to blame this on his supposed gambling addiction, but he should not have those private keys to begin with, those keys should have been destroyed long ago, now it seems he claims keeping those private keys was an accident, but when did he exactly discover those keys still existed and why they were not destroyed immediately? If that happened before his gambling addiction took place then we can say there was a clear intent on eventually scamming his customers, and his gambling addiction would be nothing more than an excuse for his behavior. I think we can only take his word for it, whether it's gambling or not, the individual has some serious problems that he has to swipe those private keys of his supposed to be customers that trusted him, and why he is keeping the private key when he is should destroyed it already. So something is fishy in the beginning and this could be a well plan after all because of his addiction or not. The company is destroyed already, I don't think that anyone will buy again after what had happen here.
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Beparanf
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January 14, 2023, 04:00:21 AM |
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Which (apart of obvious sad event for card buyers/owners) is a very problematic for the whole "collectibles" market, any coin/card producer now will be asked twice "how may I trust you?".
Even old producer is not exempted from this questioning since no one is immune to gambling or any type of addiction since we are just human. But the most affected here is that forum users that manufacture their own collectable items and probably only a few will be interested to enter this kind of business there's already trust broken among the community. This might be the start of the devaluation of all the collectables made by forum users since there will be no interest in them from future buyers. Is there any info on what casino did he use to gamble all the funds? There might be something left on the initial funds to seize using the authority to file it.
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Hispo
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January 14, 2023, 04:09:42 AM |
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-snip-
Is there any info on what casino did he use to gamble all the funds? There might be something left on the initial funds to seize using the authority to file it. As for now, it seems the funds have not been moved from the initial address where they have been transfered to. Some are already speculating that address probably does not belong to an exchange, since exchanges do not let funds still this long. It may be a personal address of his or an address of someone he owned money to. There is also a chance it is a casino address,.but no proof of that either.
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adzino
Copper Member
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www.Crypto.Games: Multiple coins, multiple games
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January 14, 2023, 04:33:27 AM |
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This is why a gambling addicted should never be trusted with anything related to finance (business, money and things similar). They need help before they can be trusted. No matter how much they will claim they are fine and can be trusted, their words can't be taken for easily. They will eventually screw you up. I have heard stories about how business managers were stealing money to fund their gambling addictions, how employees were stealing, how children were stealing from their elderly parents and so on.
Just curious, how did he steal those money? He sold those collectibles, so that means he has access to the funds. So people were just blindly trusting that guy not steal their money or something?
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Poker Player
Legendary
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January 14, 2023, 04:55:19 AM |
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This is why a gambling addicted should never be trusted with anything related to finance (business, money and things similar).
I completely agree. I just found out about the case and I just supported the flag. The bad thing is that he hasn't posted much lately on the forum, so the only thing left for people to do is to go to the police. This is an extreme case that is by no means the norm. Most people play responsibly, although from time to time they may have an odd session in which they end up betting more than expected, but this type of degenerate gamblers need psychological help and the first ones to recognize it are them. Stay away from this type of people for any economic dealings.
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