Post
Topic
Board Scam Accusations
Re: OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes
by
TwitchySeal
on 15/12/2019, 05:18:48 UTC
When was Mr. Nasty appointed a treasurer on this forum ?  before or after this ponzi passthrough?

Pretty sure it was about 7 months later.

Any of his investors posted that they weren't settled yet?

No.

They received their July interest payments at the beginning of August, just like May June and July.  

News broke that the ponzi was collapsing in the middle of August.

Sept 1 OG posted that pirate had defaulted and paid out the insurance fund he had put aside in case is was a scam. (total of BTC65)

They likely just assumed that since it was well known that the ponzi had collapsed, Og hadn't received anything from pirate after August 1. He did though.


so BTC144 - BTC65 = BTC79 and at that time that's not much though.

The reserve fund was established in April and used to convince more people to invest.  It was increased a little every couple weeks until July, when it hit BTC65
Quote
RESERVE FUND:

A Reserve Fund has been established to provide depositors with insurance against loss of deposits.  In the event of a Bitcoin Savings & Trust failure, the Reserve Fund will be paid out to depositors, proportionately to their deposits held as listed on this thread.

https://bitcointalk.org/index.php?topic=75843.msg846783#msg846783