Post
Topic
Board Marketplace (Altcoins)
Re: [CLOSED] KnC Titan Nightmare
by
akwtemp
on 17/01/2018, 14:51:03 UTC

hello

[premise]
- the other account was blocked (one of the forum db hacks caused a lot of issues...)
- apologies for the delayed update

[recap/update]
- nobody ever touched the funds. they were sent to the company.
- company started misbehaving
- we started suing them (ndas, and so on..)
- several jurisdictions and laws apply
- company went bankrupt
- customers have the lowest priority among all the creditors
- remaining assets of the company went sold (including equipment, stock, parts,...)
- they were not labeled, in any way, they went sold in "some sort of" auction
- other creditors had more priority, we appealed, we lost
- actions still continue on more fronts
- among the rest, the judges decided to review one of the closed cases
- they will update about the above in 2018 or hopefully in several months, beyond possibly having updates on other fronts too
- they said that eventually, in case of "success", some sort of refund would apply
- as there will be further substantial or final updates, they will be reported here in the forum somehow

[where we are]
- please identify the correct subject responsible of this whole situation: the company
- we, us, the escrow, have no responsibility at all over their behavior, actions and so on
- the whole thing is publicly known, we are not an exception, search the web please
- someone is still paying for and following all the legal actions and such, as always...
- nobody of you helped, in any way, never
- obviously, whatever success we would eventually achieve will be shared among all here, less the legal expenses

[considerations]
- we are not in the "far west" but in some developed country, laws apply...
- personal direct or indirect harassments, accuses, damage or whatever else not appropriate or polite will not be tolerated anymore
- privacy in europe is something extremely important, as well as for other rights and so on...
- we, me and the escrow have no personal responsibility at all over what happened with the company
- nobody will break the laws, as always, and nobody will damage itself more than already done
- please eventually select the correct subject/s in your communications and content
- all the communications not compliant with the laws will be at least ignored
- thanks


wishing to you all the best of luck, take care!