Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Authorship - Making the Internet More Free and Accessible For Authors
by
kkent
on 17/09/2017, 18:55:54 UTC
for the members who got their ATS bounty, including the investors.

Dont look down on the ones that didnt receive,

because of this scamming. Dont expect the ATS will go for 0.15 cent

let alone be listed on exchange site


now we can make legal complaint against Authorship.com


They did nothing illegal. They didn't steal from you, no one made you promote their bounty. Theres no legal complaint to be made, you cant sue someone for not giving you something for free.

They are based in the US.  In the US it is completely illegal for a company to promise something for a sweepstakes/bounty campaign and then simply refuse to pay it.  It's also illegal to guarantee the price of something like ATS will "definitely be 15 cents" but nobody is complaining about that.

Get off your fucking high horse because you have no goddamn clue about the law.  What Authorship.com has done here is COMPLETELY illegal and complaints/lawsuits will be filed accordingly.
This was by definition not a sweepstakes and "bounty campaigns" are not regulated by the FTC. Good luck with your lawsuits, buddy.

Maryland contract law allows for contract formation when there is a valid offer and acceptance (including through part performance in certain circumstances). The issue here is not of a sweepstakes nature or FTC regulations. The issue is that Authorship advertised that they would provide people with a good (ATS tokens) in exchange for a service (promotion of the ICO). Petre and the Authorship team later decided that they didn't want to pay out and simply declared the whole event over. Unfortunately for them, they had already sent out e-mails confirming that some people had completed the advertising service and were going to be paid a certain amount of ATS. To be clear, I am not referring to the e-mails that were received along the way, but rather the withdrawal confirmation e-mails that they sent out after people filled out the form on Sept 14.

Anyone who matches that specific description would potentially have a valid lawsuit against them. No scammer would have a valid lawsuit because Authorship disclosed up front that they would have a zero tolerance policy for fraudulent referrals. Petre and Authorship might have really gotten themselves in some legal troubles though with the decision to not pay out to the people who they had already sent the confirmation e-mails to.