Not sure if you guys were wondering what scam matlack had moved on to, but you might be interested in this post:
How exactly is Matlack involved in Wagerr?
He was basically running the show in the background, and one of the original 3 co-signers.
We were doing more betting traffic than Augur even with their half-assed QT wallet (which looks almost exactly like ION's), yet somehow Adam managed to screw that up too and then he left WGR in mid-May...so all of the non-ION guys left after being treated like crap for so long.
Also there's the issue of the btc fork coins not being accounted for, and a ton of btc already spent (or at least missing/unaccounted for) and no substantive reasons given.
Very likely goes much deeper too, but I'll be nice for now. I will say that if they think they can go toe-to-toe with the big boys now, with little funds and no betting experience left on the team - then they're simply delusional.
To their credit, it truly is a serious problem that they're trying to solve...and for us betting guys a very personal one. One that they took advantage of, knowing that we would make a lot of sacrifices and contributions in good faith.
What it really came down to for me though was just how neatly things fractured along ION and non-ION related people. And judging by how well Jason (MMAforMoney) handled what he was actually allowed to handle due to limited resources/information/position/etc...if he had more control over Wagerr early on, there is very little doubt in my mind that WGR would be in a far better position both now and for the long-term.
Their people are making things out to be strictly about personal monetary gain (lol!) for guys like Jason, Tippy, and I when we're the ones who the real gambling networks try to restrict for winning money a little too much and/or often. As I mentioned earlier, this problem is very personal for us (and many other gamblers) - we know it well, we know it has to be done to very high standards, and we promised ourselves that we would (and maybe still will?) do it right.
