Post
Topic
Board Scam Accusations
Re: Chinese Mining mogul FriedCat has stolen more than a million in AM hash SCAM
by
thriftshopping
on 03/03/2015, 18:25:08 UTC
now they are saying in the official AM thread that FC is missing, last seen in Mongolia, has gone totally "radio silence" and now they are actually worried for his personal safety. Plus he alone holds the private keys to AM's wallet so all funds are stuck.

This does not look good, but I wouldn't say scam. [b/]FC has too much invested, owns too many shares.[/b]

He might have run into some dangerous bandits...

yikes!
It does not matter how many shares that FC owns. If he owns 10% of AMHASH1, but stole 100% of the miners/mining revenue then he will have effectively stolen 90% of the miners/mining revenue. He will have received a net amount above what he otherwise would have gotten.

CanaryInTheMine has heavily involved with FC and ASICminer, and I knew it was only a matter of time before some kind of scam would come out that involved either Canary, FC or ASICminer, or amhash