Post
Topic
Board Securities
Re: [BitFunder] Graet.Loan - Paying 0.05% interest daily
by
thy
on 11/09/2014, 04:20:25 UTC
According to my sources no one will ever receive any adequate compensation.

Graet is almost broke. His promises are just words.

9 month ago he said he would repay bulk of the loan by mid 2014. Now he promised 20BTC to all of us, which is pathetic. By the way, he still didn't pay those 20BTC. 20BTC is 1% of 2000BTC. According to my sources Graet bought back about 7000 of his shares, which is 70BTC. So he still owes 1930BTC.
Accourding to the asset holders list when bitfunder closed there was only 194 006 outstanding shares in Graet loan so he must have bought back 5 994 shares back then already, or did you mean that Graet also is one of these adresses to:

7855   1FQLUf2cnS5gbEyxhbxEVkURVJ76DJHFej
7481   1JgrxkAbiCUnhY7jYJ5Vkiisx4DynNxCD9
6998   15x6dVyAJSXeH897dJ3cgF7Wf7CekeZmgj

that holds around 7000 shares in Graet loan.

I know how much his "btc businesses" make. It's very little. If you sue him, you get almost nothing after all legal fees.

Write this off, he is really a degenerate just like Justin00 says.

According to my sources in summer 2013 Graet had BTC securities worth at least 1000BTC. Almost all of them were scams and he waited until October or Novermber when it was too late sell them.

Graet himself admits his garbage portfolio lost 500BTC value in October. In summer his garbage portfolio was worth much more.

I'm not going to list what he had and how much. I can say I verified some of the data my sources gave me. It all was correct.

We can hope for very little compensations. Suing will give even less, because according to my sources he's almost broke.
What happened to the 500 BTC that was left in October, dident Graet sell off any of those stocks and get his funds out of BTCTC & Bitfunder or whatever stock exchange he had investments in ?
500 btc is at least 25% of what the loan was for & if he has taken advantage of the BTC price movement since then and sold/bought at the right time to the right price it could be much more by now.