e.g. Just before he scammed everyone he told me he had some poker debts (in USD) and didn't want to lose his exposure to BTC. So I should buy a large sum of BKB tokens
At the ICO, Dean said the BKB tokens wouldn't be sold again.
My question:
Will the tokens that are bought back by BetKing be re-sold again at some point, or are they off the market forever?
BetKing.io's answer (
archived):
They won't be re-sold no.
That promise was broken a year later:
To save the risk of trading on hitbtc or with any potential scammers on telegram you can buy BKB directly on BetKing with 25% discount
https://betking.io/invest(
archived)
The burdon of proof is not on me to show innocence here, I am the one being accused. The accusers should show hard evidence instead of biased opinions.
As the accuser, I don't have to convince the accused. That didn't work before making this thread. This thread was meant to convince others, not you. You're clearly
denying everything.
I think the issue at hand is clear.
When someone acts as a dictator and feels he can do whatever he wants without scrutiny because investors are swallowing up the rubbish excuses he gives them, then he will no doubt continue to scam because he would feel he could get away with it.
If there were monthly audits and financial scrutiny then none of this would have happened.
Look at his attempted $10 million scam for his "bitsafe" project. He was inviting investors in the ICO but mainly BKB investors he had them duped while betking failed. He made a unilateral decision (by fooling investors in to accepting betking was dead and bitsafe was the future) to close betking and switch BKB tokens over to his new BTSC tokens. He made it clear the website and exchange software was complete but he still wanted $10 million from the ICO for "website development". Then he changed his mind and went for betking EOS tokens to try and give betking one last shot at some sort of success before closing it down.
Since there is no audit or scrutiny of funds/expenditure this scammer Dean Nolan had diverted funds to all sorts of places including:
- Profiting directly by siphoning funds or by selling his personal tokens using 600 BTC bankroll in buy-backs
- Hiring developers to make his bitsafe project using betking funds to pay them
- Reselling of BKB tokens directly on the betking website that were never supposed to be re-sold
- He refused to pay 20 BTC +EV to winners of the 2018 betking Christmas Wager and refused any audit to see what
really happened
- Lots more
The man is a serial scammer, he will hopefully get jail time or at the very least the UK Police (Scotland Sheriff) will arrest him and interview him about his illegal activities surrounding the betking scam.