Post
Topic
Board Scam Accusations
Re: SCAM - Coinabul owe me 90btc
by
shad0wbitz
on 14/03/2013, 18:34:42 UTC
So your argument is essentially that so long as Coinabul's terms were knowable to the customer prior to the order being placed and the customer placed the order nonetheless, Coinabul cannot be scamming if they follow their own terms.

Coinabul's TOS says "If Coinabul is held liable to you for a transaction, liability will be limited to either the amount which you paid during the transaction or $100; whichever is greater."

So if I place an order for $1,000 worth of gold, Coinabul opts not to send me the gold for no reason, I sue them, get a $1,000 judgment and they pay me $100, that wouldn't be Coinabul scamming?

It is, unfortunately, fairly routine for companies to have terms of service that say "We can do whatever we want and your only recourse is to ask us nicely to do something else". While companies think this provides them with all kinds of legal protection, what it actually does is cause people to have no choice but to ignore the terms when determining if the company acted responsibly or not. Coinabul's terms are these kinds of terms -- many of them contain "we can do whatever we want and you have to take it " clauses, such as this beauty: "Coinabul is not liable for any errors, negligence, or inability to fulfill any orders."

I'm not saying Coinabul shouldn't have this kind of ToS. While I think it's idiotic, I understand that lots of companies do this, often as a result of specific legal advice. And I'm not a lawyer. But it forces people to basically ignore the Tos when deciding whether to buy from the company or evaluating whether the company acted reasonably.

The reason nobody bothers to read a ToS is because they all say the same thing -- we can do whatever we want.

Coinabul is unethical at best, and scammy at worst. Besides the fact that they have continuously sucked at their shipping times, the customer paid in BTC. The refund SHOULD be in BTC. PERIOD! Nobody cares if Coinabul has to buy back and loose money, that is not the customer's fault.

Also note that the customer was mislead and miss informed. He was told that the product was going to be shipped on the next Fedex batch, and after weeks and weeks, if the customer hadn't contacted back Coinabul to see what the fuck was up, NOTHING would have been done.

Very unethical, and poorly managed. This coupled with their shipping times makes me wonder who in the world would want to buy anything for them.

When you buy stuff with Credit/Debit cards, you CANNOT charge the card until you SHIP. It is against the law to do so, and against the regulations from MC/Visa.

This should be the same: unable to ship (for WHATEVER reason), immediate refund issued (IN THE CURRENCY THE TRANSACTION WAS PAID FOR!)