Post
Topic
Board Scam Accusations
Re: Dicebitco.in Investment dice scam
by
shorena
on 12/09/2014, 12:04:36 UTC
User Profile: https://bitcointalk.org/index.php?action=profile;u=355700

The discussion starts around here:

https://bitcointalk.org/index.php?topic=716312.msg8715769#msg8715769    

Basic summary: A two part scam

Website was caught skipping nonces to rig rolls.  This would in effect allow them to maintain a 1% house edge profit for investors, thus attract more and more investments while allowing them to still skim the site investors of all legitimate profits made. Individual users such as stars have told me that they are owed 50+ coins.

Their defense:


They claim that a new rogue developer they hired was rigging the rolls to scam them but around 2 days before the incident there is proof of them saying that the only people involved are the original two: http://i.imgur.com/SJvuc1Q.png  (refutes their argument)

Example of one of the scams:

User stars was scammed 60+ coins according to Dooglus: https://bitcointalk.org/index.php?topic=716312.msg8721251#msg8721251



As a result of this around 4000-5000 coins have already been divested. 100s of coins are owed to people who placed wagers. They still appear to be honoring divestments though so I recommend divesting your funds for the time being.


Update 1: chat on dicebitcoin is now disabled and they are refusing to return a lot of owed funds.

Since this thread is used to give me negative trust by
Ah, trade fortress, the beacon of morality  Roll Eyes
I will post my arguments here.

I had coins invested with dicebitco.in and was able to completly divest and withdraw.
Manl and Gerry paid out everyone (to my knowledge) that lost coins.
Those that have not been paid out are those that won coins. I think that is acceptable as they have more than they had before the incident and thus did not lose anything. While you can argue that the rolls are deterministic the gamblers are not, thus it makes no sense to argue in hindsight if and what they players would have risked would the nounces not have been skipped.

I agreed to wear their signature for a months and I will honor my agreement.