(New York Post) Dot Com Perverts Bag Mt Gox

[Phinnaeus Gage]

http://web.archive.org/web/20020813195335/http://www.nypost.com/technology/49923.htm

DOT-COM PERVERTS

By BEN SILVERMAN

June 10, 2002 -- DotcomScoop.com

THESE guys would make even R. Kelly blush.

Marc Collins-Rector, Chad Shackley and Brock Pierce, the disgraced co-founders of Digital Entertainment Network (DEN.net), have been arrested in the Spanish resort town of Marbella, The Post has learned.

Collins-Rector had been indicted by the U.S. District Attorney in Newark in August 2000 on five counts of transporting a minor across state lines for the purpose of engaging in sex.

Shackley and Pierce were arrested when a warrant on Collins-Rector was served, said a Spanish law enforcement official. The source, and U.S. law enforcement officials who confirmed the arrests, said charges relate to child pornography found where the two were living.

"Enormous amounts of child porn" were found in the house, the Spanish law enforcement source said.

Michael Drewniak, a spokesperson for the Newark District Attorney's office, said papers for Collins-Rector's extradition are being prepared. Each charge against him carries a maximum prison sentence of fifteen years.

Pierce is a former actor who starred in Disney movies such as "The Mighty Ducks" and "Little Big League" in the early '90s.

The men have been sued in the past for allegedly raping, drugging and threatening to kill teenage boys while they still ran the now-defunct DEN.net.

"We knew for some time that [Collins-Rector] was essentially in the wind and we will be happy to have him back, thanks to the Spanish authorities," Drewniak told The Post.

Representatives of the National Police in Spain, the FBI-type organization that arrested the trio, declined comment.

New lawyers for the three could not be found. A lawyer who did some work for Collins-Rector said he was unaware of the trio's arrest, and a civil lawyer who represented the three in lawsuits said he has not had contact with his former clients in more than a year. He said he was "shocked" by the arrests.

The FBI would not confirm that Collins-Rector, Shackley, Pierce or DEN.net have ever been the subject of an investigation. But press reports indicate the FBI has been investigating the trio since late 1999. Sources said their arrest has reopened the investigation.

Published reports indicate that the FBI has been tailing the trio for some time, but their whereabouts has been thought to be anywhere from Florida to Thailand.

As recently as December 2001, a Web site for a murky Internet company based in the Caribbean but with offices in London listed Collins-Rectors and Shackley as founders. The Web site has since disappeared. The three were running at least one Internet-based business at the time of the arrests, said a source in Spain.

This twist could be DEN.net's final chapter.

A one-time high-flying Internet company that tried to capitalize on the growing broadband entertainment market, DEN.net fell to earth just weeks before a scheduled $75 million initial public offering in late 1999. That's when a New Jersey youth sued Collins-Rector, claiming he had been seduced by him while working for Concentric Networks, a network services company that Collins-Rector founded and later sold to XO Communications.

The news sent a shock wave through DEN.net. Collins-Rector, who was indicted, Shackley and Pierce resigned and then fled the country following reports of a possible FBI inquiry.

Press reports indicate the three had lived in an Encino mansion and turned it into a sex den. Ex-employees of the company deny knowing what they were up to but told The Post they felt something "wrong was going on."

A lawsuit brought by three young men resulted in a $4.5 million default judgment against Collins-Rector, Shackley and Pierce. Another lawsuit filed against the three, the company and other directors was settled for an undisclosed sum late last year, according to Brian Brandt, the lawyer for that minor. The lawsuits claim the men raped, drugged and threatened to kill the youths, some of whom were on DEN.net's payroll.

"We were really interested in finding these guys so they could face justice for what they've done," Brandt told The Post.

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[Phinnaeus Gage]

Compiled list of past Brock Pierce investments totally 100's of millions of dollars, all squandered for the pursuit of happiness of young boys.

<this note will be removed once I complete the list, of which may take awhile>

[Phinnaeus Gage]

reserved

[Phinnaeus Gage]

I'm taking the liberty to migrate a post from another thread to this one to bring further awareness as to what's at stake.

Are you Sunlot supporters dense? Did you people lose IQ to transaction malleability? Are you SO dumb you let yourself get sweet talked by John Betts (who, by the way, talks like a politician: in circles without answering the question)?

Let's get some quick facts out of the way:

1. Scamlot are insiders
Yeah, that's right. They've been trying to pull this shit off from the start, way back in Feburary. They are in the know. They know more than we do, and they know how to take advantage of this. If they know where the coins are, they take the 10%, for sure.

2. Scamlot are liars
They promised to invest their own money and they promised to not touch customer funds. Where's that promise now?

Did you hear? They claim to have had 70% of creditor support! How is that even possible? It's not, that's why they changed it to 40%. And this much only because you're unknowingly being represented in class action groups who are sipping wine and colluding behind our backs. Think about it, mtgoxrecovery.com which has been up since the start only barely has 30% representation.

3. Scamlot have NO STAKE in mtgox
These people have no coins in mtgox. These people are not putting upfront money to restart mtgox. From their actions they do not give a shit about bitcoin, the community, and even less the former users of mtgox. They are paying 1btc to buy out the 200k btc so they can squeeze us for what's left. They have nothing to lose, and everything to gain.

Add on to that the excessive fearmongering "liquidation will only give you 3%!!!" (bullshit), "the courts, supervisor, and police are trying to screw you over!!!(sic)" (bullshit), and you get the picture.

4. If they fail, you get NOTHING left
Scamlot is a company in Cyprus. There is nothing, absolutely NOTHING, we can do to prevent them from having an "accident", losing all the coins, and declaring bankruptcy in Cyprus. What? You want your coins back? From a liquidation? In Cyprus? LOL

Bottom Line: Scamlot is trying to take YOUR MONEY

Yeah that's right, that 10 million dollars? They get that off the bat, for doing an audit. Ten Million Dollars for a fucking audit. Any sane person will tell you that is theft.

But oh-my-god what if they find coins?!?!?!

Ok, listen up you retarded little shits, because I'm not going to repeat myself. There's only two possible outcomes.

1. They don't find the coins Well trolofuckinglol, we just paid them 10m for someone to tell us there are no coins left. We already knew that, but we're going to pay someone 10 million dollars to tell us again, in case reality isn't sinking in. It doesn't even take 10 million to liquidate the company.

2. They find the coins So after extorting us for 10 million, they get a 10% cut of whatever they find. That's a maximum of 65k btc, or 30 million. Oh, and they get 84% of the company in the end. Oh, and our debt is converted into fiat at a fixed rate of $450, and we get payed back in fiat, not bitcoin.

In the meanwhile, our funds are held hostage for over a year, and we get a pitiful 16% of a stinkhole they show no signs of supporting.
And you know what? These people are insiders, liars, and vultures, they know how this will end, it's just a matter of how much they profiteer out of this.

ScamGox 2014 Thanks but no thanks, I've been goxxed enough. I'll take liquidation over this mockery.

Source: http://www.reddit.com/r/mtgoxinsolvency/comments/24epjc/wake_up_sheeple_see_scamlot_for_what_they_are/

[Phinnaeus Gage]

http://articles.latimes.com/2001/mar/03/business/fi-32619

Collins-Rector and former executives Chad Shackley and Brock Pierce left the Los Angeles area as DEN collapsed, and the FBI has been tracking their movements as it investigates.

Collins-Rector and Shackley sold the Encino mansion where the three lived, and an attorney that won a $4.5-million default judgment for former DEN employees has been unable to locate any assets to seize.

My bad! Brock Peirce of the Save Gox plan via Sunlot, a newly formed entity located in Cyprus, should be in position to oversee the New and Improved Mt Gox, since the blockchain is an open ledger, there'll be no way in hell moneys could be misallocated. Or am I missing something?

In case you missed it, Brock Pierce is now Marc Collins-Rector's main squeeze, hence him going by Brock Rector since ~September, 2012. And, unless a leopard loses its spots, a many underage boys worldwide are losing their virginity to this loving couple.

Honestly, I feel sorry for the Mt Gox customers, for I truly know how it feels to be fucked sans lotion up the ass because I, too, am getting reamed by the French (lucky for me they have small dicks) concern Paymium, namely davout, Boussac and Grandval, over my 1,132 BTC they acquired via the InstaWallet "hack" and now residing in one of davout's bitcoin wallets.

[Phinnaeus Gage]

One couldn't ask for a better juxtaposition.

https://www.linkedin.com/in/brockpierce

Pierce is an advisor to Casual Connect, GamesBeat, and Digital Media Wire, an active angel investor and the Los Angeles City Leader of BitAngels and an active supporter of non-profit and advocacy organizations and is a member of Clinton Global Initiative.

merged:

Warning! NSFW cartoon and totally fuckin' (no pun intended) funny, especially if you love Cartman and Officer Barbrady.

http://web.archive.org/web/20060208124607/http://www.fuckedcompany.com/den/

[Phinnaeus Gage]

http://archive.wired.com/gaming/virtualworlds/magazine/16-12/ff_ige?currentPage=all

I was in the business myself at the time, selling items in the classic MMO Ultima Online. After the conference, I blogged "Brock Pierce looks like a Norman Rockwell 13-year-old, talks like a coked-up 35-year-old, and happens to have turned 23 last Friday. He is either my new best friend or my new worst nightmare." What alarmed me was the news that IGE was planning to move beyond EverQuest to other games—including Ultima. "I haven't even had a chance to get my little five-and-dime up and running," I lamented, "and already the Wal-Mart is coming to town."

But I was kidding myself if I thought I was even on IGE's radar. All its efforts were aimed at crushing Yantis. "It was a market-share game," Pierce says. If Yantis lowered his prices, IGE did, too. If Yantis sought to exploit his more-established reputation, IGE sought to bury him in Google AdWords. ("We were probably one of Google's largest advertisers," Pierce says, adding that they spent about $1 million a month on text ads touting their affordable EverQuest platinum.)

Yantis' great misstep, Pierce says, was not thinking big enough. "Jonathan believed that this would only be a market in EverQuest. We had successfully diversified; in Final Fantasy XI, we had a nice profit margin. We were able to bring our margins down in EverQuest. We said to him, 'We are going to bring this market to ruins unless you come join us.'"

IGE was still the underdog, but in the end it was Yantis who blinked. The press release went out on January 22, 2004: IGE and Yantis' MySuperSales site were merging. Yantis got payments totalling $2.4 million and a 37 percent stake in the new company, and he joined the team as chief operating officer. "After that, the money started to flow," Pierce says. "Very well."

Yantis and Pierce via Sunlot are now trying to secure Mt Gox, but this time it's to make Gox's customers whole again, putting profit aside.


"Rightttttttt!!!"

[Phinnaeus Gage]

I dont think it matters who levels the accusation, dont shoot the messenger etc..


Regardless of what you think of that forum, if you read the thread, they have uncovered some extremely worrysome things about Bruce's past, which I think we all should get clarified before deciding to do business with him.  Or letting him become our freaking spokesperson!

I guess I have seen some things on that thread that are inconsequential (such as his homosexuality) and some things that are very alarming. It appears that he has been convicted of mortgage fraud in Illinoi, furthermore, what really concern me actually was his replies to some of the statements, like specifying he was just "replying" to the guy talking about having a sexual "three prong attack" with a minor.

What is worrisome about this is that no decent person (IMHO) will be reading a forum like that, nor taking the time to reply on how to properly tip these underage prostitutes.

Then he goes on to say that the situation in there is "very sad". If this is the case, why do we, as a community, want to stimulate their economy by bringing a convention to such a horrid place that clearly condones underage prostitution and human trafficking amongst other things?

Finally, there is a twitter of him describing Pattaya as "Paradise on earth", but now he claims the situation is really sad in there? I wouldn't want to vacation in a place with such a display of human misery and exploitation. What is so paradisaical about that?

He also claimed on ones of his replies that he ultimately "doesn't care" where the conference gets organized, however, from ALL the places in the world, why pick this one? And how does that last statement conjures up with saying "It is like paradise on earth".

This, coupled with the fact that I believe the NY conference was purposefully and deceitfully sold to sponsors (did you guys saw CNN in there? or all those media outlets they were supposed to be there) makes me believe the following:

1. Bruce Wagner, at its best, is a is a convicted scammer. Not only a scammer, but scamming poor families trying to get help to not loose their homes. At its worst, he is a child molester who solicits and pays for underage boys to satisfied his wicked pleasures contributing to perpetuate one of the most perverse places in the world.
2. As for whether he is a pedophile or not, some scream "Show me concrete proof". This is a fallacy. Not even a court of law needs irrefutable proof to convict somebody, they only need for the jury to be convinced "beyond reasonable doubt" of a certain fact.
3. In revising the material posted online about Bruce's twitters, his participation in that despicable forum (admitted by himself), his contradictory statements regarding Pattaya, and several other comments, I can conclude, WAY BEYOND REASONABLE DOUBT that the man is a degenerate, a pedophile, and a promoter and user of underage prostitution.

I would like to close by saying that this is not about homosexuals, at all. This is about adults, paying for underage sex with child slaves, because at the end of the day, that's what they are regarding of sex, or sexual orientation. I am in fact a volunteer for GLAAD, and as a worker for gay rights, people like Wagner simply makes me want to cry.


TO MTGOX ET AL

I will respectfully ask all companies doing business with him to withdraw their sponsorship and support. Even if the guy is NOT a pedophile and a scammer, you really want to have your name associated with somebody advising on forums how to properly tip an underage prostitute? HE HAS ADMITTED THAT WAS HIS POST. Any company supporting this, it is at the very least supporting a very questionable person.

Shad0wBitz

"You just ordered 7 boys, when there's only 4 of us here, so I'll just... Oh! I see what you did there. Us three get 2 boys... Umm! I mean, we all get 1 and you get... Either way, that's how Bitcoin works."