Re: Why do scammers need to feel superior?

Quote from: JollyGood on July 04, 2025, 07:35:54 AM

Keeping aside the claim and counterclaim about victims coming forward or not and just to have an understanding of what happened, what are your opinions about the image Vod posted that shows deposits and withdrawals between 7th April 2012 and 16th August 2012?

Quote from: OgNasty on July 04, 2025, 06:25:23 AM

Of course not. This is a lie repeated by a stroked out retard for some reason. Mental illness is real.

My pass-thru rates were far below what others were offering at the time so people withdrew their funds from me and deposited elsewhere before the pirate program crashed. That is why no victim has ever come forward in 15 years saying I lost their money. There isn’t one.

On its face, the document appears to show that OgN deposited 662BTC more than he withdrew. Although, it also appears that there are interest payments totaling in excess of 1,757BTC, and it is unclear if these amounts were withdrawn -- if so, it would mean OgN withdrew ~1,100BTC more than he deposited. The interest payments don't appear to affect the balance, while there are other spreadsheets that do appear to affect the balance, which would lead me to believe that the interest payments were withdrawn.

I believe that OgN has said in the past that he was paying an interest rate that was several percentage points lower than what he was receiving from pirate. This arbitrage may have allowed him to cover all deposits when pirate eventually was unable to process withdrawals.

The price of BTC was around $10 in August 2012, the date of the last transaction.

I am not sure if anything that was said is true, or if the image is accurate.

Either way, I am not aware of anyone claiming that OgN did not follow through on his obligations. This is also something that happened over a decade ago, so I really don't think it's appropriate to litigate.