Post
Topic
Board Altcoin Discussion
Re: Are BanxShares as good as GAW Paycoin?
by
IanDeMartino
on 22/03/2016, 20:55:03 UTC
I didn't need the cache or archive.org yesterday. It was up as a normal page. The only reason we need to use it now is because Mark took it down. Google last cached the site on March 16th. That can't be faked and means the site was up then. Mark may have taken it down in January, but he clearly decided to put it back up while he transitioned into his next scheme.


I'd like to point out, I don't control Google, so this can't be some grand conspiracy against Mark.


As to Mark's obligation, he has plenty of legal obligation. When you sell a security to people with the promise of profits, you can't misrepresent yourself. That is illegal and is its own charge in addition to the lesser charge of selling _any_ unregistered security.

If things just go sideways and the company collapses, that is one thing, but you have to show that the projections you made were reasonable and made in good faith. Seeing as half of the companies never launched and the other half barely launched and since there was no mining going on at all and since he knew all of that, well I'll let you come to your own conclusions on how that would work out for Mark in court.