If he goes much longer without getting payments to people, I'm going to go ahead and report he and his partner to the local authorities. This has been stretched out long enough and if nobody is getting paid, there's no reason to keep the hounds at bay anymore.
pff i doubt that they will do anything about it will they? they will say that they did not use real money thats why it was not a real crime, though its just my opinion about it
Also thats false. Bitcoin is property, one also has to pay taxes on it since it is recognized by the irs. So yeah stealing property last time i checked is a crime. Freejack i suggest you dont wait much longer.
I'll give him a chance to explain himself and get payments going in a much more timely fashion, but if he doesn't break the silence and take some substantial action soon, I'm not losing much of anything by reporting what happened. At this point, I'm just sick of the entire game he's been playing with us for the last year and don't particularly expect to be paid back what I'm owed, given the pace we've seen over the last 12+ months. So there's no point in letting them off the hook anymore. There won't really be the possibility of any kind of group action and nobody should expect to see a dime from it, as it'd just be a criminal investigation. I'm not going to throw good money after bad and lawyer up, etc... But BTC-Arbs should understand that I (and many others) have reached my limit with this.