Quote from: LostDutchman on November 19, 2013, 04:35:03 AM

Quote from: gbx on November 19, 2013, 04:05:03 AM

Quote from: LostDutchman on November 19, 2013, 02:05:53 AM

Quote from: Humax on November 19, 2013, 12:34:24 AM

LostDutchMan, don't kick all the people who got scammed by Amir/TerraHash while they're down. Stop being a smartass unless you can use your "intellect/wisdom" by helping people here.
If not, just get out!
Leave the victims at peace.

Look, I'm not trying to kick anyone and I am sorry that you have interpreted my input in that manner but I am not resposnsible for the interpretations or feelings of others and I'm not "being a "smartass"".

See, the thing is, Terrahash is a dead horse and I see little point in continuing to flog it.

Put in your refund requests, if you can get attorneys to take a case on contingency, do it.

If you have to spend any money to get an attorney to come on board, you're probably sending good money after bad ecause the chances of recovery are slim to none I think and the past performance of Terrahash certainly seems to support that idea.

If some of you want to band together to do a class ation, go ahead if it makes you feel better but I have a hunch most of you would be a lot better off directing your efforts elsewhere.

File you claims, make your refund requests, pound the Hell out of Terrhash with emails and phone calls and maybe, just maybe if your wheel squeaks loud enough, you will get some grease and good luck to you on that one!

Sincerely.

I know what it is like to lose a ton of money, having watched around USD $350K disappear in real estate transactions a few years back and not a damned thing I could do about it, hence my dislike for owning dirt, as we call real esate in the business.

I sincerely feel for those who have lost money in this matter but as I have repeatedly written, I think there is very little chance of anything like meaningful recovery of funds.

Terrahash has no real assets; not even an owned office, its bank accounts are locked, they are trying to get money back from the Chinese (Good luck on that one!) and are bing pummeled with complaints and legal actions and the net result of these things is going to be a Chapter filing which will result most likely no one getting anything as I suspect there is nothing to be had. Absent intentional fraud and I don't think a prima faie case could be so established, the pricipals will walk away unscathed, owing nothing.

If anything, I am only trying to soften the blow and prepare those who have lost money for what I see as the inevtiable outcome of this matter.

I wish the best to those who have lost funds and really and sincerely wish that there were effective alternatives to just sucking it up but there you have it.

My $.02.

Sad

Funny thing is, you could be looked at by some as commiserating with the enemy.

Some accountants might estimate that TerraHash has stolen 10s of millions of dollars. You are effectively saying that this person will never see a day in court, and if they do, those who pursue this blatant thief are spending good money after bad.

Let me remind you that YOU DO NOT HAVE A DOG IN THIS FIGHT.

YOU ARE A TROLL and are only interjecting your opinion because you're old and you think you're smarter and more experienced than everyone else. Perhaps some of that is true... specifically, the old part. but to believe that someone who has run off with 10s of millions of dollars will never see the inside of a jail, or the inside of a courtroom who is well doxed and whos identity is well known is blasphemy.

Take your two cent speeches elsewhere good sir. For you are someone who commiserates with the enemy.

My goodness, My Guinness!

How you do go on!

As far as "old"; yeah maybe a bit older than the average member here but I done been to two County Fairs and a Goat Ropin', I've got more court time than a lot of junior attorneys, I have handled any number of Pro Se cases, am responsible hundreds of man-years in prison sentences from my time in law enforcement (91% convction rate! That whole law enforcement thing is another story and not for telling here though!) and maybe, just maybe have a better insight into the legal system than the average person.

I'm not defending Terrahash; I think they had a good idea and it could have worked but due to curcumstances beyond their control, things went to shit.

They have tried to refund but can't. No money to refund with. This fact clearly shows taht there was no intent to defraud anyone.

Because Terrahash is a corporation, when they finally get tired of the shit and file, the prinicpals will walk away, Scot free, as it were and end up doing IT for some school district or flipping burgers at the local lunch shack.

I wish it were otherwise and I really do.

You know, reality is reality; reality is often not what people PERCEIVE as reality though and people often live in a dream world when facing a tough situation like this one.

In this matter the reality is that Terrahash is busted; they tried and failed. No fraud; just busted. Shit happens and there are going to be a lot of people who will never, not now, not ever get their money back.

I wish it were otherwise and I really do.

My $.02.

;(

You make some rather far reaching assumptions. Beyond the fact that you're old, and you have one eye...

No fraud just busted huh.... glad you're such a great objective observer of reality.

I don't think any attorney two years out of law school would have a hard time proving intentions of fraud. As for the money, how do you exactly know what their balance statement is again???

Hmm... maybe because you DON'T!?

So perhaps instead of spreading your "wisdom" in this thread, you could spread it out and go find a BFL thread to spread it in? You might have better luck with accuracy there.