Post
Topic
Board Scam Accusations
Merits 1 from 1 user
Re: OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes
by
Vod
on 08/12/2019, 19:22:12 UTC
⭐ Merited by allyouracid (1)
I would suggest that you find a contract, implied or explicit that OgN did not keep. 

I would suggest you sell your mom for a bit more than a satoshi....

https://web.archive.org/web/20140429234623/https://bitcointalk.org/index.php?topic=75843.0
Quote
"WHAT IF BITCOIN SAVINGS & TRUST STOPS PAYING INTEREST?
In the event that BS&T stops paying interest, I will request a withdrawal.  Once received, your funds will be returned to you."

OG received the withdrawal, but did not return the funds.
BS&T did not collapse as far as the relationship between them and OG.   He was made whole, and he scammed his investors.

Quote
WHAT ARE THE RISKS INVOLVED?
There are always risks.  The major risks are that pirateat40 or myself will disappear with your funds.  A secondary risk is that BS&T stops paying interest.

- pirateat40 and you did not disappear with any funds
- BS&T stop paying but you had all the investor deposits.
What happened?

Quote
What I would do to protect my reputation, is pay out the reserve fund to depositors proportionately to their current deposit as listed on this thread.  It is important that depositors read the information provided in the original post and not make assumptions.

All his future comments point only towards the reserve fund.  He knew the collapse was coming and that is why he offered bonuses if you kept a minimum number of coins with him

But the original post always contained the original phrase:
"In the event that BS&T stops paying interest, I will request a withdrawal.  Once received, your funds will be returned to you"