That's interesting.  30,000 BTC is a staggering amount.  How did you come to the conclusion that it's a Ukranian syndicate?

Somebody made a very pertinent observation which would also support my fears that there is a larger group of 'cloud mining' ponzi operators who are offering a revolving-door of shorter term scams alongside their longer-running ponzis because, after all, what better way to show how your long-running ponzi *must* be legit by ripping a load of bitcoin off suckers in the short term as well, through a re-skinned operation which you can then slate and encourage those who lost money in to join the 'legit' cloud mining operation, right?


https://bitcointalk.org/index.php?topic=843417.520


It would appear there is sufficient reason to suspect multiple scam operations are being promoted at many levels, short term, medium term, etc. Along with the usual vitriol and hatred being spewed by their shills/fanboys in threads where legitimate questions are being asked.

[edit]
Actually, I recall this which would also support the claim SpanishSoldier is promoting a slew of scams:

Because, as was pointed out in reply, no 'whale' worth his coins would touch 'cloud mining' ponzi schemes with a bargepole. It is simply a way to get newbies to believe that if they spread their 'investment' across a range of these operations then one of them will bound to be the one which makes them rich, right?

Just to add to the collection of reasons to suspect SpanishSoldier/GermanGiant/RussianRainbow as being directly connected to cmmonitor.com and, by default, part of the scrypt.cc scam:

Now, given the delicate nature of the relationship between Ukraine and Russia, I'd be fairly confident in asserting that the sockpuppet account 'RussianRainbow' is meant to imply some sort of homophobic slur against the Russians, especially considering SpanishSoldier and GermanGiant are all clearly masculine, macho names.