Post
Topic
Board Investor-based games
Re: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds
by
btclemming
on 19/07/2015, 07:47:57 UTC
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.

Hi all.
I lost a lot in BTC-ARBS... until today, I received 4.8751 BTC from the 35 BTC I sent last year. (from this, I received 4.4 BTC before we started this thread)...
Last 0.02 BTC (!) transfer was made on 21 of april... Needless to say that the amounts refunded, and the rhythm of refunds is FAR from being acceptable.
 I am available to help (from europe) anyone for any kind of procedure that would help speeding up the process. FreeJack, would you think of something ? Can you guys share the info you have about the BTC-ARBS guy (in PM) ?
Thks