Post
Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
gotpetum
on 03/07/2014, 21:05:46 UTC
Hi Sebastian,
Thanks for reaching out to him.

It sounded like

Ukyo has eluded to circumstances that have not happened many times. He still won't tell us what happened to the coins. He promised dozens of times to provide information, "good news," and updates. Each time, he later says he can't talk by eluding to works in progress, gag orders, NDAs, legal action, and/or bitcoin problems. And a little later, he denies whatever was implied.

So, where are the coins? What's the "big news?"

And, since all of this, he offered to liquidate BTCINVEST assets for the BTCINVESTors. Did he just decide to keep all of the proceeds from liquidation?

Added:
After reading about them, it sounds to me like Ukyo (and TF) followed the "six definite steps or stages of growth in every finely balanced and well-conceived confidence game" almost to the letter.

If he wants us to believe otherwise, he just needs to deviate from the con man's playbook by telling us what happened.

What's really impressive is how he strung us along, with news announcements about upcoming news and by giving us a little money back (all in the playbook), and learning from /us/ what story would be the most believable. At first, he said bitcond problems, but then he kept his mouth shut and had us come up with our own story (bitcoin malleability + lawsuits to get it back from the person who took them.) But, if he tells us, then we'd require proof (which he could give), so he just keeps his mouth shut.