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Author Topic: Paymium (Bitcoin-Central/Instawallet) principals stole over a million dollars.  (Read 2153 times)
Phinnaeus Gage (OP)
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April 27, 2014, 04:02:24 AM
 #1

The following is a copy & paste from https://bitcointalk.org/index.php?topic=167215.msg6415421#msg6415421



Here's my first post on this thread, as you can clearly see, it's never been edited (a lot of my posts are edited, but 99% of the time it's due to grammar, and I'm surprised to see I didn't have to edit this post at the time).

I see this is going to be fun!

First off, I haven't a clue as to what the word 'key' is in reference to. I'm only aware of URL and Bitcoin address, of which I know for sure one of them, for the other two addresses weren't save, just the URL's via Chrome, and once clicked, I would then see my address. Of those two, I know the exact amount, but the other would only be a guess for, though I'm pretty sure I know the exact first three whole numbers before the decimal then ? digits. The account that I do know the URL and pretty sure I have the address, I don't know the exact coin amount. The other two I washed a couple times, but nixed doing to more after finding out the address were already obfuscated by IW during each exchange. A couple weeks ago, I couldn't even see who sent me coins and where I sent them via BlockChain, of which I thought was weird, but accepted it as being part of the process.

Now I read that it will be 90 days before we get our funds back, and that's if there's no other claims, and that's if it's not extended other 90 days. For that, I say thank you, and can I meet you guys in person so that I can suck all your dicks? Seriously, I want to suck your dicks. Please let me know where to meet you all. I promise no funny business just like I was assured less than two weeks ago that all in well in InstaWalletLand.

An issue was brought up then of which I was looking into but quit pursuing and quit worrying about my coins after being assure all was well. Just like we're all being assured that all is well over at BFLland. BULLSHIT!!!

What the fuck is really going on here? Fuck, another entity holding a massive amount of coins can't even decide the proper outcome of a well-written bet, yet awards and lets run less well-written bets. Ads are being displayed on this forum for products that don't exist. Mt. Gox lags when it's to their best interest. Christian devs... (don't ask me why I opted to hold my tongue on this one, but I did).

The only saving grace is that my mother fuckin' nest egg was all profit. So is 95% of all the barn wood I currently have in stock. Where would you like me to deliver it too for free, or would you guys enjoy it more if you steal it from me? I can easily start from scratch with nothing, and not feel any pain. But that's not the point.

What I have to do to be at peace with this situation is to currently accept it as a lost, yet hope for the best. Anything I get back would be considered a blessing. One thing for sure, after 90 days, mark, if this is not resolved, everybody associated with IW will have their names associated with the words scam, fraud, etc., for starters.

In closing, since your address supposedly is available online, I want one of you guys to state your address here on this forum. Since it's supposed to be the same address, you should have no problem provided such a request. If you don't, then there's something you're definitely hiding.

You have 24 hours to fulfill my simple request.

~Bruno K~

Note the text in red. Mt Gox and Bets of Bitcoin are gone, and the third claim turned out to be true.

I've already shown that InstaWallet funneled bitcoins in and out of Bitcoin-Central, and davout, a mod on this forum who owns bitcoin-central.com (.net) washed bitcoins through Satoshi Dice, and now has my 1,132 BTC residing in one of his personal wallets.

Since I haven't been refunded my bitcoins, I will now go into full-dox mode for every person associated prior and now with Paymium, et al. Also, I will notify each and every investor that has associated with said entity and its principals, along with notify the banking regulators overseeing Lemon Way that's acting as Bitcoin-Central's bank.

If you haven't figured it out, I'm one pissed off motherfucker right now.

~Bruno Kucinskas



Using the historical high of 1,242/BTC, my 1,132 BTC was worth $1,405,944 USD late last November (2013). At this penning with the exchange rate at 455/BTC, my 1,132 BTC is worth $515,060 USD.

With no major source of income, davout (David François) was able to transfer 1,029.24869663 BTC from his 1DavouTAsveznCFHsz688xvbrRAq4u2qm8 wallet to the 16d1yGrEDqSY1xhCnAUWrkahGY2mkWdAYk wallet created on 2013-11-27 15:08:18.

Approximately 30 minutes later (2013-11-27 15:38:54), 1,029.24869663 BTC were transferred to the same wallet as seen in this tx: https://blockchain.info/tx/63718e56cfe440e3e9005379505f70790dace8b7d5151502b90c376e02b91bbb

David François was the CTO (Chief Technology Officer) of InstaWallet, as well as serving in the same capacity for all Paymium concerns, and would have the capabilities to expunge server records, along with knowing how to obfuscate funds, whether bitcoins or fiat.

Prior to the "hack", David François was well aware of the vulnerabilities of InstaWallet, addressing the concerns, mine included (for at that time he knew exactly what I had stored on InstaWallet), as being a moot issue. Then he disappeared just prior to "hack" announcing such in his sig with stating in no uncertain terms that he'll be outta pocket, not returning to the forum again until April 18, 2013, 02:40:14 AM after an almost 4 week hiatus, leaving Boussac (Pierre Noizat) to handle the bitcoiners waving pitchforks.

Meanwhile, Gonzague Grandval, the third principal of Paymium, et al. was nowhere to be found in spite of him being active on this forum at the time with the user name Cugnac: https://bitcointalk.org/index.php?action=profile;u=56121.

The following was Cugnac's sig at the time.

Quote
Signature:

Easiest Way To Get Started With Bitcoin  instawallet.org
Web & Mobile Bitcoin Wallet  paytunia.com
Buy/Sell Bitcoins  bitcoin-central.net

To date, the independent auditor(s) (plural via Boussac, singular via davout, ergo one is lying) has yet to be name in spite of hundreds of request to supply such.
Phinnaeus Gage (OP)
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April 27, 2014, 04:02:36 AM
Last edit: April 27, 2014, 04:12:55 AM by Phinnaeus Gage
 #2

Reserved to post that my claim has been satisfied.
Phinnaeus Gage (OP)
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April 27, 2014, 04:02:54 AM
Last edit: April 27, 2014, 04:13:23 AM by Phinnaeus Gage
 #3

Reserved for important updates.
Phinnaeus Gage (OP)
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April 27, 2014, 04:03:05 AM
Last edit: April 27, 2014, 04:19:13 AM by Phinnaeus Gage
 #4

Reserved for full doxxing of all principles and named personnel of Paymium, along with all investors and their principles.
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April 27, 2014, 04:14:11 AM
 #5

Instawallet Update:

We're sending out another batch of payments to all customer approved payouts tomorrow morning, Paris time.  If you've approved your wallet or have verified your ID with us you'll be receiving a payout tomorrow.  

Please double check your Instawallets by opening your wallet URL to make sure you've approved your payout.

---

Information on the claims process:

More than 90 days ago, we started a process to collects claims on wallets.  After 90 days we closed the claims process and compiled all the data.  After evaluating all wallets and the corresponding claims, we made an assessment as to whom to pay immediately and whom to follow up with.  

Obviously, it would not have been prudent to directly pay any of the addresses or amounts reported without a second round of confirmation.  Therefore, we opened another process to confirm the assessed payout.

We flagged wallets with multiple claims, large balances or suspicious activity for further verification and identification.  This process, in some cases, have been drawn out.  We apologize for the inconvenience.

We will send out another batch next week.

Thank you

Richard Caetano
Instawallet Team


Even though Richard Caetano echoed what Boussac and davout have stated earlier about large wallets not being paid out till after all wallets under 50 BTC are paid first, dozens of wallets having several hundred bitcoins or more were indeed paid out, some of which are still idle in either the original payout wallet or some other after being moved only once directly after their return.
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April 27, 2014, 04:24:21 AM
 #6

why you bothering ?
davout and co have been given the green light by theymos to do what ever they like... wouldn't be surprised if this thread mysteriously vanishes.

on a serious note.. do you think they offer theymos money to let them screw over the users here ? or do you rekon staff/mods get a free pass to doing that when they become staff ? Diablo was able to do the same thing, all tho his scam wasnt as blatant...


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April 27, 2014, 04:41:10 AM
 #7

why you bothering ?
davout and co have been given the green light by theymos to do what ever they like... wouldn't be surprised if this thread mysteriously vanishes.

on a serious note.. do you think they offer theymos money to let them screw over the users here ? or do you rekon staff/mods get a free pass to doing that when they become staff ? Diablo was able to do the same thing, all tho his scam wasnt as blatant...



Ironic, how I spent countless hours exposing scammers, having not taken a single satoshi from a soul, yet am victim to staff on this forum.

Hell, there's people right here in Sandwich, IL, believing that I'm behind the Bitcoin (proper) scam, in spite of me proving, and them able to read on this forum, otherwise.
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April 27, 2014, 05:22:52 AM
 #8

oh i read the other thread.. you actually lost money to these clowns Sad ?
I thought you were just trying to expose and help other ppl..

hmm i would be ramapnt if anyone got my monies... like beyond rampant.. a new level... super-rampant infact.
good luck getting them back Smiley Hopefully davout and co will be in shackles soon.

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April 27, 2014, 08:23:59 AM
 #9

oh i read the other thread.. you actually lost money to these clowns Sad ?
I thought you were just trying to expose and help other ppl..

hmm i would be ramapnt if anyone got my monies... like beyond rampant.. a new level... super-rampant infact.
good luck getting them back Smiley Hopefully davout and co will be in shackles soon.


Davout knew exactly how many bitcoins I had prior to the "hack", thus devising a scheme to take control of them while he goes missing for ~4 weeks since he's a seasoned CTO.

InstaWallet was an excellent mixing service for those who used it for such. One was able to send bitcoins to themselves, and somehow IW was able to put several addresses between the two transactions automatically, at the same time your IW wallet would always show 0 BTC, with sometimes that being the case also on blockchain.info, as I once pointed out to davout but he explained it off with some mumble-jumble, of which was over my head but trusted him because he was staff on this here forum. I highly praised InstaWallet online and off in RL. For a reward, they steal a million dollars from me, stick it up my ass sans lotions, then put me on their ignore lists having gotten their rocks off, leaving me with a sore ass and lesser bitcoins.

Sad to say, when I get done, everybody and anybody associated with Paymium WILL have taint following them for a long motherfuckin' time. AND THAT'S A FUCKIN' PROMISE.

~Bruno Kucinskas
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April 27, 2014, 10:04:47 PM
 #10

Looks like Boussac locked the InstaWallet claim thread. The following is his last post: https://bitcointalk.org/index.php?topic=167215.msg6428319#msg6428319

Quote
reserved

The guess the following is true then: http://thebitcoinnews.co.uk/2014/04/13/bitcoin-central-net-insolvent-the-french-bitcoin-association-and-the-relation-to-mtgox/

Quote
29.3.2014
Bitcoin-Central.net insolvent!
By a ride on societe.com while the moderator davout strongly attack a conccurrent, I could clearly see that bitcoin-central was totally insolvent and indebted!
I highly recommend this platform, which is NO INVESTOR:
- Alven Capital says NO to
- Eliea partners to say NO
- ID says NO to Invest
Here’s the reason mentioned by our informant:
“There’s nobody on safety, marketing person, person connected to the world of payment and banking. Their strategic vision is blurred. ”
Source: http://www.societe.com/analyse-financiere/paymium-533264800.html
Original Source French : http://www.actubitcoin.fr/bitcoin-central-insolvable/
Translated with Google

Meanwhile, davout still have my 1,132 BTC stored in one of his Bitcoin wallets: https://blockchain.info/address/16d1yGrEDqSY1xhCnAUWrkahGY2mkWdAYk
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April 27, 2014, 10:25:26 PM
 #11

Correction: I erred and claimed it was Satoshi Dice, when in reality it was Just-Dice.com as seen in this tx: https://blockchain.info/tx/5f801a8dc14473a9e41c1ef455fe0b14917dd4f5ac5e76a1beb112f0f00bf63b

At this speaking, I wish to further state that Satoshi Dice nor Just-Dice.com seem to be involved in this fiasco, especially Satoshi Dice. I will be looking into Just-Dice though to see if there is any connection, hoping to not find any, for I have no qualms with them, again at this penning.

~Bruno Kucinskas
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April 27, 2014, 10:40:50 PM
 #12

Here's an interesting tx that davout made during the time InstaWallets non-customers were demanding to know where he was at, but nary a reply was made my Boussac, et al.

https://blockchain.info/tx/ac67303cd1f0c650df27b957809bff13bdd18588af5a65e038cf4f769373f783

Quote
Public Note: Test

I assume David François (davout - Staff of BitcoinTalk) was making sure that he still had access to his precious while siphoning off my 1,132 BTC, not to mention the other 20K micro IW wallets that will probably never be reunited with their original owners.
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April 27, 2014, 10:48:56 PM
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Talk to some lawyers who got contacts with prosecutors in state where those folks live Smiley Or post a bounty here for the successful legal pursuit Smiley
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April 28, 2014, 10:06:37 AM
 #14

sweet mother of jesus -  you lost 1132 btc to them... beyond words... can't believe your so calm..
1132.. and your just 1 out of god knows how many people...

its good to see theymos obviously cares about it.... again he shows disgusting scumbag behaviour.. he doesn't relies one day he will be accountable for the fact the forum is assisting in so many scams in one way or another. I doubt he even talks to a lawyer, he probably believes he doesn't need to.. or he's so smart why bother.. i mean i had to lay it out in terms a 3rd yr old would unerstand about the heartbleed exploit and why people NEED to change their usernames..

any bountry if someone is able to get them to cough them up for ya ?  <--- i'm serious...

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April 28, 2014, 10:29:45 AM
 #15

sweet mother of jesus -  you lost 1132 btc to them... beyond words... can't believe your so calm..
1132.. and your just 1 out of god knows how many people...

its good to see theymos obviously cares about it.... again he shows disgusting scumbag behaviour.. he doesn't relies one day he will be accountable for the fact the forum is assisting in so many scams in one way or another. I doubt he even talks to a lawyer, he probably believes he doesn't need to.. or he's so smart why bother.. i mean i had to lay it out in terms a 3rd yr old would unerstand about the heartbleed exploit and why people NEED to change their usernames..

any bountry if someone is able to get them to cough them up for ya ?  <--- i'm serious...

Sure! What terms would be favorable to you for said bounty?
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April 28, 2014, 10:33:56 AM
 #16

standby! game of thrones / bobs burgers is finsihed downloading..

i goto ask though.. if they took ~$450k.. why the hell arent you in france or wherever trying to get it back ?

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April 28, 2014, 12:49:25 PM
Last edit: April 28, 2014, 01:38:38 PM by NLCOINER
 #17

Hello!

Im still missing my 15 BTC as well!

After posting the following post on the 18th of April:

https://bitcointalk.org/index.php?topic=167215.msg6278648#msg6278648

I "Suddenly" received this mail:

From: Bitcoin Central support <support@bitcoin-central.net>
Date: 18 april 2014 18:02:26 CEST
To: xxx@xxx.com
Subject: Re: Bitcoin retrieval from instawallet
Greetings NLCOINER,



Following your recent posts on BitcoinTalk forum :
https://bitcointalk.org/index.php?topic=529245.msg6279086#msg6279086
https://bitcointalk.org/index.php?topic=109271.msg6279106#msg6279106                THIS POST WAS DELETED BY SOMEBODY MODERATING THE FRENCH BOARD
https://bitcointalk.org/index.php?topic=167215.msg6278648#msg6278648


Our support team has review your case and is happy to report that we can proceed with a BTC refund if you agree with our terms.
Given that MTGOX went down since last september, we realize that a cryptographic proof may be difficult to obtain if you used mtgox to fund the wallets.

Therefore we agree to send a 15 BTC refund if these two points are met :
•   You can provide a high quality, uncropped scan of a valid state-issued ID.
•   You can provide the same bitcoin refund address that you mentionned earlier for confirmation.


We would also like to kindly ask you to take down these hurtful words, abject and unfounded accusations you made about our company and its staff.
As you may know, we will soon provide a cryptographically verifiable proof of reserves audit (also known as "solvency report").




Have a nice evening.

Best regards,

Support team
Bitcoin Central by Paymium



DAVID FRANCOIS! How come after having tried to get them back for almost a year, and after having lots of messages from you (I HAVE PRINTSCREENS AND PROOF) stating that I will not get them back, I suddenly receive this mail stating my case was REVIEWED once more, and NOW I get them back..

One of the PMs you sent me stated:

"available funds being less than the total uninsured liability"

How about those funds we found tying to your wallet?


I also find it very interesting that I need to send you guys (see above)

"You can provide a high quality, uncropped scan of a valid state-issued ID"  

What do you need this for?? As far as I know, there is no reason for you to need my ID, so please explain! I don't mind showing my true identity, but there is no reason that I can think of, apart from that YOU want to know who I am!


ps. In case I'm "suddenly" BANNED! All I did was inform the Bitcoin Community, and especially the FRENCH, but unfortunately DAVOUT is the Moderator there so he can just DELETE whatever he likes!

He sent me this in PM after deleting all the posts I made in the French Section!

Hello,

As per moderation policy, spamming boards with unrelated messages is not acceptable and will not be tolerated any longer.
If you have things to say, whatever it is, I encourage you to use the appropriate threads, which you seem to have perfect knowledge of.

Further spamming will result in a permanent ban, there be will no second warning.

Kind regards

Funny, what is unrelated??? Are you hinting to you being THIEVES??? Because it doesn't really seem unrelated to me, as there are still many people who are at this time doing business with

BITCOIN-CENTRAL.NET,

which you guys run!

When is this site going to get HACKED???

GIVE ME BACK MY 15 BTC!!!

KARMA IS GONNA GET YOU!!!!!!
Phinnaeus Gage (OP)
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April 30, 2014, 08:29:24 PM
 #18

Besides both "sources" being run by retards, their source (societe.com) does not concern bitcoin deposits (not reported anywhere) nor customers deposits (never were with Bitcoin-Central but banking partners). And the societe.com reports aren't of any use either (and you don't need to understand much of French accounting to get it).

If you want to be taken seriously, understand what you are quoting.

So, what you're saying is that the following depicting Paymium's financials is inaccurate?

http://www.societe.com/bilan/paymium/533264800201212311.html

While perusing the above, bear in mind that Paymium received a $400,000 USD VC from Gilitt as seen below and here: https://angel.co/paymium

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May 01, 2014, 03:15:27 AM
 #19

Hey PG,

I just read the majority of the instawallet claims thread where you requested your 1132 BTC from 3 different addresses.

Did you not keep a copy of the transaction where you sent 1000 BTC to the large address?

If not, was it funded from an exchange? Surely there was a deposit address on instawallet.

I'm neutral in all of this but I can't help that bousac (or whatever) and davout have treated users with such disrespect by not giving information on the auditing party as well as the police report # etc.

Shame.

I'll do what I can to post on this topic and create my own threads should I have enough to work with concerning the matter.

You know me I love calling out scammers and pussies who can't help but be lazy and steal from others.

 Cheesy

Smoothie

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May 01, 2014, 05:08:52 AM
Last edit: May 01, 2014, 05:19:32 AM by Phinnaeus Gage
 #20

Hey PG,

I just read the majority of the instawallet claims thread where you requested your 1132 BTC from 3 different addresses.

Did you not keep a copy of the transaction where you sent 1000 BTC to the large address?

If not, was it funded from an exchange? Surely there was a deposit address on instawallet.

I'm neutral in all of this but I can't help that bousac (or whatever) and davout have treated users with such disrespect by not giving information on the auditing party as well as the police report # etc.

Shame.

I'll do what I can to post on this topic and create my own threads should I have enough to work with concerning the matter.

You know me I love calling out scammers and pussies who can't help but be lazy and steal from others.

 Cheesy

Smoothie

Hey, bud. I still feel bad for us not getting a photo together in LV.

After InstaWallet came back online, all three URL pages didn't have bitcoin wallet addresses on them. Eventually, the 1Jpp... wallet did appear after I submitted the claims, for that one was well documented on this forum, but immediately two claims were made against it, thus it could then be red-flagged, to be refunded, if ever, at a later date. Initially, davout denied the claim, but upon presenting the exact same info via email, I was reunited with those funds.

The other two I don't know the addresses because InstaWallet has been withholding that from me from day one. Without the addresses, I can't trace back, albeit that may be a daunting task, for even with the last transaction I preformed with the 1Jpp... wallet to a known address, InstaWallet somehow put layers of transactions between the two that today I've yet to unravel after spending several hours on that task alone.

The only thing that comes to mind is that davout, acting as CTO of InstaWallet, created or borrowed a clone from Mark Karpeles some sort of tumbling software. I have been able to find a myriad transactions going in and out of Bitcoin-Central, then in and out of davout's main bitcoin wallet address, of which 1,384.35491053 BTC can now be seen here: https://blockchain.info/address/16d1yGrEDqSY1xhCnAUWrkahGY2mkWdAYk.

Prior to the "hack", David didn't have much, yet, after the "hack", he ends up with more than what I once had. Ironically, he knew which three wallets I had prior to the "hack" by simply looking at the IP address of whence the wallet on record came from. Once he had that, he announced to the community that we was going to be outta pocket, of which time frame the "hack" occurred on April 1, 2013, and not returning to the forum till the 18th, leaving Boussac to create, than maintain the InstaWallet claims thread, of which they have now conveniently closed, in spite of one of their non-customers (they honestly believe that InstaWallet didn't have any), me, still having two major claims with them, having expressed such since the onset of said claims thread.

To date, the independent auditor has yet to be named. Probably because there fuckin' wasn't one. Perhaps, in a year or two, Boussac will link the name in the French section of this forum like he did with the police report after it was asked for close to a hundred times in spite of him having an official InstaWallet claims thread open.

Again, anybody having funds in the Bitcoin-Central exchange best get them out ASAP, for the clock is tickin' on that son of a bitch going down. I'm pretty sure that Gilitt is still waiting for some return on their $400K VC investment, of which they witnessed three other entities built then crashed and burned. Paymium only has one entity left - Bitcoin-Central - and that ain't looking too hot from what I've been hearing through the grapevine.
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