Quote from: cazkooo on July 26, 2016, 05:51:31 AM

Quote from: coingamblingreviews on July 26, 2016, 03:55:41 AM

Hi BetKing I think you need to update your cold wallet on the front page of this thread.

This address https://blockchain.info/address/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd is empty with movements of lots of coins.

He wont be updating it, dean has stated that he will be moving the funds to another address and keep it secret from public for security / privacy issue or something like that. Here is the quoted message that I could find and unless you are a trusted member of this forum, you wont know the address that holds the investment funds

Quote from: BetKing.io on July 15, 2016, 12:25:13 PM

I used to have the investment funds public but removed that as users were having accounts at Coinbase frozen for sending funds from gambling site.

The funds are now not public but I just had Dooglus audit that I still had the funds by sending him a signed message using the Bitcoin address.
You can see here https://bitcointalk.org/index.php?topic=910134.msg15497634#msg15497634

The bankroll has increased since then again.

And here is from dooglus

Quote from: dooglus on July 07, 2016, 06:20:57 AM

Quote from: BetKing.io on July 05, 2016, 11:59:24 AM

I sent dooglus a signed message from Betking cold storage addresses that he can verify and prove solvency.

I received a signature for a message that said:
'this is a betking cold storage address'

The address which was used to create the signature contains a little over 4500 BTC.

Dean tells me there's ~100 BTC in the hot wallet too.

So that's a proof of assets. For real proof of solvency we would also need to see a proof of liabilities (ie. investment amounts) to make sure that liabilities don't exceed assets. The danger is that there are 10 investors each having invested around 1000 BTC, so the total liabilities are over 10k. I'm not suggesting that this is the case, merely that it is possible if each investor doesn't have a way of making sure his coins are counted in the claimed total.

Thanks for sending the information through - I always thought a cold storage wallet was about as safe as you can get even if it is public...