Post
Topic
Board Altcoin Discussion
Re: [SHS] Shares [Second Generation Crypto Currency] [Project Announcement]
by
jimhsu
on 12/01/2014, 18:32:52 UTC
He is refunding 90% because he sent 4BTC to another address, probably one he does not own.. look in the blockchain.

I'm returning everyone's investment out of my own pocket.

Can I just point out that this is obvious BS?

He gets investors to send money here:
https://blockchain.info/address/16hZ1NdkvwLsPFADFcmoZwWgnXpgLHGZAK

Then he plays some dice.. Then he sends most of the funds to another address in this transaction: https://blockchain.info/tx/35d6a6e19fb5bf538a90c4e92626185b590a4dff92be60cbc00096ad4f00feff

Now most of the BTC are here: https://blockchain.info/address/13izUnFG7RTwpmumiL2CqAhrJqYKHnBBEu

THEN he starts sending refunds 'out of his own pocket', which happens to be 13izUnFG7RTwpmumiL2CqAhrJqYKHnBBEu  -- aka the address that got ~40 of the stolen BTC...


Just to hilight this -- money goes in:
https://blockchain.info/tx/ea04e13ce8daf3103df23f2807f7a8f3d6e7638c2793d69a9d6bc7507f98191e

Money is transferred to another wallet:
https://blockchain.info/tx/35d6a6e19fb5bf538a90c4e92626185b590a4dff92be60cbc00096ad4f00feff

Money gets refunded from second wallet:
https://blockchain.info/tx/8e23d3f5c8d5133823f285da5213bdd1b3db2622038db6c2fad4161745da9c92

The blockchain doesn't lie people, though Block_Erupter does, and he does it very poorly.

I have nothing invested in this ... but wait, seriously? At least I would expect him to use an exchange to try to launder first? Elementary fail.