Post
Topic
Board Scam Accusations
rpietila's Crypto Kingdom game is a scam, heavily in debt. Do not deposit funds.
by
smooth
on 28/04/2017, 08:29:58 UTC
The Crypto-Kingdom game founded and run by rpietila (forum profile link) started as a legitimate fantasy role playing game with a rich economic model and an in-game currency fully-backed by real crypto (XMR).

However, it was recently turned into a fraudulent fractional reserve scam when rpietila decided to create in-game tokens for himself without depositing, and further being unwilling or unable to pay the resulting debts incurred by the game and himself.

I am personally owed 2.5 BTC which was due 12 hours after transfer of the in-game token. That was several days ago. After 12 hours, 1% per hours interest applies. His offer of this extremely high interest was, I speculate, a last-ditch attempt to prop up confidence in his fractional reserve scheme and reduce the run on the bank. In fact it had the opposite effect and many accepted the offer resulting in >500 BTC of unpaid debts on his part, plus (at the time of writing) over 1000 BTC of interest.

It is unfortunate that what was once a promising game with many contributors in the community has turned into a scam, but such as it is.

Requests for payment are met with excuses or deleted on his self-moderated game thread (Zechariah=rpietila), such as:

Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Created Instagram acct. As usual, I give my greatest fan 1,000,000,000 and then the ones who Follow me (so that I see it) get 1/2, 1/3, etc. of the amount WITHOUT LIMIT!!!
 * Zechariah forgot to add: “Hear ye, all peoplez”
https://www.instagram.com/risto.pietila.1903/

Actually was third and got 333,333,333M


go follow!

Maybe instead of more giveaways Zechariah should pay his existing debts first.

Bottom line, whatever you do, do not deposit money into the game or extend any sort of credit to rpietila, because he can not be trusted to honor his word and pay what he owes.

Cast of characters assembled by community member, linked for being informative without any particular endorsement (though I didn't notice anything inaccurate): https://bitcointalk.org/index.php?topic=1890786.msg18784244#msg18784244

Other supporting posts:


There are not enough XBT to back all the b1 or EUR to back all of the e1. This is combined with a form of exchange controls. EUR withdrawals are only allowed in cash in person in Tallinn Estonia, XBT withdrawals are subject to certain delays unless one pays a premium for a faster withdrawal (B2).


If you want delivery of your B1/B2/E1, you can take it as follows:

GIVE B1 amount 1 [address] => If (amount-10) mBTC has not been sent to address in 12 matrix-hours from changelog timestamp of this; amount += 0.01*amount, each full hour.

GIVE B2 amount 1 [btc-address] => If (amount-10) mBTC has not been sent to address in 12 matrix-hours from changelog timestamp of this; amount += 0.01*amount, each full hour.

GIVE E1 amount 1 [prio5] => If (amount-100) Euro has not been surrendered to hand of courier in the Throne Room in 336 matrix-hours from changelog timestamp of this; amount += 0.01*amount, each full hour. Total maximum 10000*500 EUR banknote(rounded down (your loss) to nearest unit), first come first served.

GIVE E1 amount 1 [prio4] => If 0.95*(amount-100) Euro has not been surrendered to hand of courier in the Throne Room in 48 matrix-hours from changelog timestamp of this; amount += 0.01*amount, each full hour. Total maximum 100*500 EUR banknote(rounded down (your loss) to nearest unit), first come first served.

GIVE E1 amount 1 [prio3] => If 0.90*(amount-100) Euro has not been surrendered to hand of courier in the Throne Room in 12 matrix-hours from changelog timestamp of this; amount += 0.01*amount, each full hour. Total maximum 10*500 EUR banknote(rounded down (your loss) to nearest unit), first come first served.


The following apply only once per [person;encounter]  with SA Risto, General (meaning: only one exchange per meeting me please & 1 matrix-hour apart in any case):

Give 10,000,000 Markka certificate to Risto's hand => Gain 2*500 EUR banknote to your hand.
Give 5,000,000 Markka certificate to Risto's hand => Gain 1*500 EUR banknote to your hand.
Give 2,000,000 Markka certificate to Risto's hand => Gain 200 EUR in banknotes to your hand.
Give 1,000,000 Markka certificate to Risto's hand => Gain 100 EUR in banknotes to your hand.
Give 500,000 Markka certificate to Risto's hand => Gain 50 EUR in banknotes to your hand.
Give 200,000 Markka certificate to Risto's hand => Gain 20 EUR in banknotes to your hand.
Give 100,000 Markka certificate to Risto's hand => Gain 10 EUR in banknotes to your hand.

EDIT 2017-06-20:

generalizethis claims that the game has gone its own way, kicked out rpietilla and seized all of his assets, and should not longer be considered a part of the scam.

Assets were seized yesterday, accounts were locked weeks ago, and yes, PJ is a hack DEV--but risto paid him upfront and he's all we have atm until we can get a blockchain asset  and fund it ourselves. So unless you have a way to expedite these matters, like creating a blockchain asset with your skillset, you are just repeating what we already know. Though if you are suggesting tying the game's currency to a blockchain asset, you would be damning the game--we were lucky that saddam was never hacked when M was pegged to XMR--risto's actions actually highlight this risk, rather than point to it as a solution. [Note: I am distinguishing between asset and currency]

Also, no one is asking anyone to deposit anything into the game atm--but meanwhile, risto is creating another game--so feel free to protect those people.

EDIT 2017-06-28

@generalizethis, I edited your comments about kicking rpietilla out of the game and seizing his assets into the OP. Now my question to you is whether those assets are going to be used to compensate the players who were scammed?

Yes, if risto does not pay his debt and reclaim his account, his assets will be used to repay the debt he created, and this is a huge IF, if the game is successful enough to do so.

And just to be clear, I am using some seized assets (his M, land, and deposhares will remain untouched as per game rules) to create bounties and fund other projects to help ck become a successful gaming platform.

Also, I did not follow this thread, but will do so as to answer any questions that may arise about the game sans risto.

Thank you for the reply. I will copy this information to the OP so people will be aware of this apparent effort on the part of the current game operators to do something for the scammed players.