Moolah Scam on Mintpal - Reporting Missing Coins

[MMXIV]

Blocked out the address because I don't want to be "that guy"



And yet again... "with Ryan Kennedy"





Then there is this thread, which matches up with the above: https://bitcointalk.org/index.php?topic=306947.0

Here's some more from 2012 with the same name(s): https://encyclopediadramatica.se/index.php?title=Senshimedia&diff=prev&oldid=398058

Next up... https://www.facebook.com/LemonadeDev - Look who!

Is this our buddy rambling? http://btcfaucet.com/logs/lemon.txt I believe so

This post is getting long... http://www.reddit.com/r/usenet/comments/1cl17j/lemonadedev_is_a_scam_artist_be_wary_of_nuplaynzbx/

Then we have this guy, who supposedly has also been involved...http://antz29.com (Original Moolah whois)

original moolah whois
Domain : moolah.io
Status : Live
Expiry : 2015-12-13

NS 1   : b.dns.gandi.net
NS 2   : c.dns.gandi.net
NS 3   : a.dns.gandi.net

Owner  : John Le Drew
Owner  : antz29 Limited
Owner  : Not showing their address
Owner  : London
Owner  : GB


There's a few more, but I'm looking through what we have that won't show addresses or other people who I'm not sure are involved

Damn

[BlockaFett]

i had 0 coins there
why ? because i keep my coins in my own wallets, usually backed up
why ? because no exchange is 100% 'bullet' proof...

next to be hacked are cryptsy, bittrex. and then bye bye altcoins industry ?

people need to keep their coins in own wallets. that is the whole point of decentralization.
besides if you keep your coins in your own wallet and send to exchange only when want to sell - there might be more value to your coins.
buy/mine... store... sell/use.

"if you keep your coins in your own wallet and send to exchange only when want to sell"

I always wondered when you people come and post this - please can you explain, if all the order books on exchanges are empty because they are keeping them in their wallet, how do people buy and sell coins?

[BlockaFett]

Reporter for CCN here. I'm following this as closely as possible.

I have 600 DRK and .04 BTC trapped on Mintpal.

Thanks for the CCN article, you guys nailed it.

Thanks very much. I've been talking with sources for the past 6 hours, fine tuning everything. Palmer, Green and others. I expect more movements tomorrow or within the next coming days.

MintPal article is slated for tomorrow as well. They received some bad comments from a respected player in crypto.

Nice to see real journalism good for you

[BlockaFett]

Reporter for CCN here. I'm following this as closely as possible.

I have 600 DRK and .04 BTC trapped on Mintpal.

Thanks for the CCN article, you guys nailed it.

Thanks very much. I've been talking with sources for the past 6 hours, fine tuning everything. Palmer, Green and others. I expect more movements tomorrow or within the next coming days.

MintPal article is slated for tomorrow as well. They received some bad comments from a respected player in crypto.

I think the key information now to dig up is - who really owns Mintpal and what deal was actually done with Mintpal / Moolah?

If "Green" can liquidate the entity that is liable for the consumer funds, poof coins are gone for sure.  

But the paper trail is a bit convoluted as per savoque's findings: https://bitcointalk.org/index.php?topic=824211.msg9219570#msg9219570

Like stonehedge said though, in the UK limited liability doesn't protect criminal directors, i'm looking into if we can find out who owns what we can get an injunction to stop them doing voluntary liquidation and get some criminal proceedings started.

[rojan]

This link was tweeted a few minutes ago from @moolah_io:

http://blog.moolah.io/2014/10/16/a-public-resignation/

[ol21]

This link was tweeted a few minutes ago from @moolah_io:

http://blog.moolah.io/2014/10/16/a-public-resignation/

The guy is still stating that Moopay LTD does not own MintPal so why does it say on Jason Yates (former Co-Founder & Director MintPal LTD) Linkedin page that it was sold to them. Look for it under experience

http://uk.linkedin.com/pub/jason-yates/12/268/538

[uki]

After losing 7.5BTC at coinex.pw in March, this time i had only 28k sat. Lesson learned.

[illodin]

let's not start with the dumb ass physical threats I don't condone anything like that and that would make you 10x worse than him.  He hurt people financially to make money, isn't hurting people for money in any way the root of all evil?

Complete agreement.

Completely agree too.

I don't agree. And I don't think it makes me 10x worse than him.

[Viper1]

This link was tweeted a few minutes ago from @moolah_io:

http://blog.moolah.io/2014/10/16/a-public-resignation/

The guy is still stating that Moopay LTD does not own MintPal so why does it say on Jason Yates (former Co-Founder & Director MintPal LTD) Linkedin page that it was sold to them. Look for it under experience

http://uk.linkedin.com/pub/jason-yates/12/268/538

Cause for some reason a bunch of them thought it would be best to lie about all of it?

[Viper1]

This link was tweeted a few minutes ago from @moolah_io:

http://blog.moolah.io/2014/10/16/a-public-resignation/

That's just awesome.  lol

[CryptoGeneral]

This is all so sad. I'm so disappointed...

[adhitthana]

This link was tweeted a few minutes ago from @moolah_io:

http://blog.moolah.io/2014/10/16/a-public-resignation/

The guy is still stating that Moopay LTD does not own MintPal so why does it say on Jason Yates (former Co-Founder & Director MintPal LTD) Linkedin page that it was sold to them. Look for it under experience

http://uk.linkedin.com/pub/jason-yates/12/268/538

He said Moolah did not own Mintpal. I don't think he said Moopay did not own it.

[cryptohunter]

let's not start with the dumb ass physical threats I don't condone anything like that and that would make you 10x worse than him.  He hurt people financially to make money, isn't hurting people for money in any way the root of all evil?

Complete agreement.

Completely agree too.

However I would like to propose that the altcoin community puts up a sizeable bounty for information leading to his arrest.

Yes, let's see this one pushed through to a satisfactory conclusion either way. I prefer to see this turd arrested and put away for fraud. Failing that then any other method of punishment is acceptable.  There needs to be a reason for scammers to stop scamming. This is holding back crypto more than anything else.

[Viper1]

This link was tweeted a few minutes ago from @moolah_io:

http://blog.moolah.io/2014/10/16/a-public-resignation/

The guy is still stating that Moopay LTD does not own MintPal so why does it say on Jason Yates (former Co-Founder & Director MintPal LTD) Linkedin page that it was sold to them. Look for it under experience

http://uk.linkedin.com/pub/jason-yates/12/268/538

He said Moolah did not own Mintpal. I don't think he said Moopay did not own it.

From his resignation post  "Moopay LTD does not own MintPal Limited, though I do have a small stake in the holding company."

Course, I don't think we can believe anything he actually says anyway.

[iGotSpots]

Good riddance Ryan

[sushibi]

https://www.facebook.com/orokana.me

[BlockaFett]

This link was tweeted a few minutes ago from @moolah_io:

http://blog.moolah.io/2014/10/16/a-public-resignation/

The guy is still stating that Moopay LTD does not own MintPal so why does it say on Jason Yates (former Co-Founder & Director MintPal LTD) Linkedin page that it was sold to them. Look for it under experience

http://uk.linkedin.com/pub/jason-yates/12/268/538

He said Moolah did not own Mintpal. I don't think he said Moopay did not own it.

From his resignation post  "Moopay LTD does not own MintPal Limited, though I do have a small stake in the holding company."

Course, I don't think we can believe anything he actually says anyway.

Need the police involved, fraud investigation will get to the bottom of all this BS and if he sold the coins already he's going to prison definitely and his assets will get liquidated to help pay off the debt.

[partycakes4u]

"MintPal is currently down for a number of necessary changes and fixes. A separate method of withdrawing funds will be made available on October 16th, 2014."

Well thats just great but like me & many others not so good if the coins you did have are not in your balance

Then what

[cryptonia]

If there is a debt then there is nothing illegal about hiring a mediator or debt collector to collect the debt. It will cost, maybe 30%, but they can be very persuasive. I'm certainly not advocating violence, but they can be persuasive.
I do have some contacts in the UK who have done this before.
It's an option, if there is a debt. And not illegal.
I remember when I did this once before. The debt collector became serious when I asked him about getting the money that was owed, looked at me and said, "I will get the money...don't worry about that, I will get the money." And he did. He was a scary man, and I'm not the least bit surprised he got the money.
I don't know whether there are any con men involved here, and I would only want to do legal things, but it is an option where there is a debt.
PM me.

https://www.youtube.com/watch?v=TUzlmWWdjEQ

I think here everything will sort itself out.

[Viper1]

And just to outline the "lies" about mintpal..

http://blog.moolah.io/2014/10/14/moolah-is-having-to-close-its-doors/

"As a result of this, MintPal will no longer be managed by Moolah (we do not own it, we are responsible for management)"

http://blog.moolah.io/2014/07/28/were-taking-over-mintpal-heres-what-you-need-to-know/

"I (Alex Green, Founder and CEO of Moopay LTD) tentatively reached out to their management and let them know that we were interested in opening up talks in regards to an acquisition"

and

"As a result of this acquisition, we are intending to separate https://trade.moolah.io/ and https://mintpal.com/ as follows."

So back then he appeared to say they acquired it, and now he says they didn't.