Post
Topic
Board Investor-based games
Re: btc-arbs.com - Update: dead HYIP, admin. made tiny % of refund, still long way
by
brianbbad
on 13/06/2014, 23:16:50 UTC
The speculation in this forum is crazy. It seems that every time I visit I need to explain again the situations. Here we go again:

1. BTC-Arbs was hacked. Coins were stolen. Deposit addresses were changed. Some of the coins in the system weren't even received by BTC-Arbs.

2. You ask why the website isn't online. There are two reasons for this. First, the hackers completely destroyed the server and changed all the information on it. Second, there were multiple DDOS attacks that took the server offline.

3. You ask why I don't refund everyone immediately. The answer is that I do not have all of the coins in the accounts. If I did, I would. The remaining coins are being used to generate profits that are being used to pay everyone. Regular refunds are being made. A general refund plan is in place. Smaller investors are being paid their full balances. Larger investors are being paid partial payments until they are fully refunded. Investors with unreasonable demands or complaints are moved further back in the queue. Users who cooperate with the refund process are paid first.

4. Anyone who sends threats, especially those of violence, will forfeit their full balance.

5. Everyone will be refunded as soon as possible.

Today's batch of refunds will be sent in approximately one half of an hour.


The speculation is crazy because we are all being fed bits and pieces of info. It would have been nice if you could have sent a PM to each of the members on the spreadsheet explaining everything in detail, so that people don't have to sift through this thread (now 122 pages long) to find pertinent info. If Qwiner could keep updating the original post, that would also be very helpful to all of us.
I don't think I've said anything threatening or confusing in this thread, other than saying legal action should be taken as a last resort, so hopefully nothing I've said has been interpreted as such.
I'm glad you're doing the right thing by paying people back, but I don't think it's weird for the people such as myself who haven't received refunds to continue being suspicious.