Post
Topic
Board Scam Accusations
Re: Usagi: falsifying NAVs, manipulating share prices and misleading investors.
by
Deprived
on 28/11/2012, 23:57:19 UTC
I still think the insurance thing is about the clearest example of usagi's defrauding one company for the benefit of another.  The (now reverted to) story about it just being a test of a new contract type just doesn't make any sense given the way usagi announced it to BMF investors and that premiums were actually being paid (until I started asking why it wasn't being claimed on).

It's also the easiest one to prove - as all the facts in it have already been admitted by usagi (basically ALL my evidence is usagi's own posts - plus the presence on blockchain of premiums but no insurance payout).  And the (now deleted) posts right before GLBSE shut down (like same day) had reached the point where usagi was admitting liability but arguing against BMF enforcing it as it would hurt CPA.

On the contract, that's already in the record on forums.  When I first asked about it, I quoted the entire contract.  Usagi then called me a noob for not knowing how to link to it (and referred to it as the whole contract) - totally missing the reason I'd quoted the whole thing in the first place (so there was a copy of it if happened to just vanish - or get modified).