Quote from: Jungian on October 18, 2019, 08:09:17 AM

Looks like the site is down without any notice since a few days.

Did Dean exitscam after all those years? Seems pretty silly to do it with so little money instead of with 1000s of BTC...

Exit scam possibly but it is not necessarily silly.

You see, it was only in August/September 2019 when he siphoned-off huge amounts of funds from the betking ICO and it was less than a year later that he sold the 30 million BKB tokens that he stole from the ICO. That sale was made using bankroll funds because he intended to leave the website in such a state that it would not be able to be sold.

At the guaranteed buy-back rate of those 30 million stolen BKB tokens he made $2.74 million. Add to that the rest of the funds he siphoned-off that are unaccounted for it means this serial scammer Dean Nolan made $USD millions for his own back pocket.

If he ran off using an exit strategy early-on without showing he was trying to make the project work he would be open for multiple litigations and painfully expensive lawsuits as well as possible jail time. if he showed he was trying to save the project and help investors then the case against him becomes somewhat (but not totally) weaker.

If dragged out the pretence of trying to make this work launching EOS tokens and BKT trash for misdirection but in whole the full process of starting of the scam (July 2017 ICO to 13th October 2019 when betking.io went down) to the end is around 2 years and 3 months. For a serial scamming imbecile to make around $4+ million dollars by effectively stealing it from the whole scam is a very tidy amount to have for just 27 months of playing investors for fools.

Who knows, he might hire somebody who can actually fix the server configurations where betking is hosted and the site might be back online in future.

As with all scammers and serial scammers, Dean Nolan will have to take precaution after precaution and look over his shoulder continuously wondering:

"if today is the day I receive legal papers and face a painful Court action for the money I stole from innocent ICO investors and those that purchased BKB/BKT tokens"

The best thing he can do for his legal protection is to get the website online as soon as possible and portray himself as someone trying to help betking become a successful business.