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Author Topic: Midascoin scam, Outright scam by UK registered company but Authorities Dont Care  (Read 2181 times)
wtman (OP)
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October 13, 2014, 07:18:25 PM
Last edit: October 30, 2014, 05:54:43 PM by wtman
 #1

No one from the midascoin team is replying anymore. What can we do about it now? Please advise

https://bitcointalk.org/index.php?topic=784286.0
Yuzu
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October 14, 2014, 01:19:04 AM
 #2

I'm so sorry you were scammed out of your Bitcoin and your time, but I (and a lot of different people) warned everyone on the initial Midascoin thread that it was a very obvious scam.  I would suggest that in the future you do due diligence, and remember that if something sounds too good to be true it probably is.

Good luck.
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October 15, 2014, 06:21:29 PM
 #3

damn...that is severely depressing. All that "gold-backing" talk was all hot air.

Sad stuff!
2fresh
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October 15, 2014, 06:39:44 PM
 #4

damn...that is severely depressing. All that "gold-backing" talk was all hot air.

Sad stuff!

yeah nobody could have known this.. lol.. its just the mentality of this shit scene., greedy pool ops hype scams, exchanges hype scams, greedy ico buyers hype it since they know they will just dump on the next suckers who get in after them, and not to mention the devs who are ready to dump on investors with their delusional idea's and promises.

its a bullshit idea anyway, why the hell would you invest in a coin which is "backed by gold" ?
why dont you buy actual gold yourself? and actually HOLD that gold, it was all just a big scam and lots of people saw this coming.

if you're reading this, fck you midas
wtman (OP)
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October 19, 2014, 12:30:17 PM
 #5

Is there anything we can do about this?

If the dev TEAM is Id verified, then there must be something we can do.
thew3apon
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October 19, 2014, 01:01:36 PM
 #6

I don't think there is anything you can do, just forget about it and move on...
anujjain
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October 19, 2014, 01:06:53 PM
 #7

I don't think there is anything you can do, just forget about it and move on...

There is so many scam on daily basis, this is because of unregulated market.
If we have regulated market then scam will be very less.
operabit
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October 19, 2014, 10:45:37 PM
 #8

I think midascoin cryptocoin great company, still active in the market, for the time being maintence website, so we'll wait.
yop850
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October 20, 2014, 01:30:12 AM
 #9

Is there anything we can do about this?

If the dev TEAM is Id verified, then there must be something we can do.

Who Id verified the dev team? There's not much point in their verification if the dev team can get away with scamming.
MetaMorphius
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October 20, 2014, 01:36:26 AM
 #10

Another day another scam. Damn.
geyu
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October 20, 2014, 01:43:07 AM
 #11

shame on you dev. Scams stealing money need to have their ringleaders arrested and thrown in jail.
MetaMorphius
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October 20, 2014, 02:17:45 AM
 #12

Did this dev do a pod?
MetaMorphius
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October 20, 2014, 03:07:21 AM
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Did this dev do a pod?

Seems they did a coinsource one but no POD.
wtman (OP)
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October 30, 2014, 05:52:31 PM
 #14

Yes, it looks like its easy to scam from the UK because authorities over there endorse scammers by not entertaining any complaints.

All the scammers will take advantage of this and operate from UK now.

UK consumers beware

Call, email and tweet to any authority. Let them know about this fraud.
bitsmichel
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October 30, 2014, 06:31:49 PM
 #15

I don't think there is anything you can do, just forget about it and move on...

There is so many scam on daily basis, this is because of unregulated market.
If we have regulated market then scam will be very less.
In a regulated market there is no free economy and enormous scams. There are altcoins which are printed out of thin air with 0% mining difficulty. Wink

No one from the midascoin team is replying anymore. What can we do about it now? Please advise

https://bitcointalk.org/index.php?topic=784286.0
How did midascoin scam you? Does the midas wallet cointain spyware?

tk808
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October 30, 2014, 06:33:31 PM
 #16

Coins Source's NDA policy will not protect Guiseppe and is now voided under the circumstance of an authority agencies getting in contact with us about 5-days ago. With the voiding of the NDA agreement, the information held by us is now public knowledge, and we are able to release it under these extreme circumstances.

Since this was a very intricate and well-thought-out heist, we urge the community to please take caution when handling this situation and future situations that may occur.

Below is a zip file with the person who verified with Coins Source.


https://mega.co.nz/#!iYNyHY4a!tprLBzbvVRU6J8hkjuhcTOvSjMaV3hFl1yM2yY3ppr0


If you have any more questions, feel free to contact me:

Skype: Anaxai9
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