Post
Topic
Board Scam Accusations
Merits 1 from 1 user
Re: [FLAGGED] [scam] BetKing.io broke ICO promise and dropped token value 99%
by
yahoo62278
on 02/09/2021, 20:12:57 UTC
⭐ Merited by JollyGood (1)
Quoting myself from 2 years ago:
@marlboroza I think Loyce sold his BKB or swapped them for BKT before selling them. I am sure he can confirm but he made a fraction of what he should have had before serial scammer Dean Nolan decided to destroy betking post-ICO
Correct. I got out of this debacle. BKB tokens would expire soon if I wouldn't swap them, so I swapped and sold them.

And now this happens:
The goal of this relaunch is to refund old ICO token holders.
15% of the site profit each month will go towards buying back old BKB tokens.
Dean said BKB tokens would expire 2 years ago, leaving the only option to exchange them for his (much more abundant) BKT tokens. And now Dean is saying he's buying back BKB tokens again. Let's just add it to the long list of shady actions.

I just realized Bitcoin is much higher again, so at the current exchange rate Dean would have to give back only a fraction of the BKB tokens' original Bitcoin value. He did that before, until the exchange rate didn't work in his favor.
I'm not defending him but no matter what he does, he's not gonna make everyone happy. It's a very shitty situation that should end with him serving prison time, but so far that's not looking like the outcome we will see here. He should have to refund 100% of what users invested based on the bitcoin amount, not the dollar value.

So the question becomes, does everyone accept something vs getting nothing? Not that he's gonna care about what's written here, but this is what it boils down to.