I was chatting with a lawyer in the EU who's familiar with this situation. His words "Unfortunately I'm 99% sure that taking legal action is completely useless. The "damage" is relatively small and mostly for people outside of France, so this will definitely not be considered a priority. And obviously the fact that it concerns crypto makes it even more complex. There is no real legal framework, no customer protection legislation. Also how in the earth is someone going to explain the concept of physical crypto to a French civil servant".
If what you are saying is true...then its a damn shame that this thief is gonna get away with all of the BTC he has stolen and premiums destroyed! Not counting also that he has stained our hobby for years to come as well.
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Would this fall under a cyber crime?
Once in a while, someone here (in the Netherlands) gets arrested for online scamming. Usually it's something like selling iPhones without delivering them. And by the time they get arrested they've made many hundreds of victims, even though they (often) use traceable bank accounts. Unfortunately, this really isn't a priority. I guess it's the same in France.
That's a fucken shame really.....it will encourage others to commit crimes with very little to no repercussions.
Hopefully Karma will take place...and most of the time it does...like the saying goes, what goes around comes around.
It’s all a shame. Tim Fillmore / Titan should be in jail right now. Patrick /Cold Keys should be in jail right now, the cold coin creators, should also be in jail right now.
From the countless hours of scam busting/research I’ve put in, one thing that’s evident is all our legal systems are completely and utterly fucked. LLC’s and “housing” companies offshore at places like the British Virgin Islands are tickets to freely scam. Infinitum is another and that’s just 4 coin makers ..I could keep going.
I am done buying loaded products unless it’s very low denomination. Even then, I probably won’t. Our hobby is ruined. These scumbag pieces of shit have proved that scamming in this space is EASY and legal action against it is anything but.