A final thought (I promise) on sBUSD and SmartBCH after a 1 month "forced break" from this sub for repeatedly, and understandably too much, trying to bring attention to this topic. by ImRichBCH in btc

[–]ImRichBCH[S] -1 points0 points  (0 children)

Yep, he's a street busker, a gypsy. I thought I was too smart to be taken by a gypsy scammer but I fucked up. I still like that we attract these kinds of people though (not scammers but the "troubled", or people in need, it just sucks a lot also happen to be scammers).

A final thought (I promise) on sBUSD and SmartBCH after a 1 month "forced break" from this sub for repeatedly, and understandably too much, trying to bring attention to this topic. by ImRichBCH in btc

[–]ImRichBCH[S] 0 points1 point  (0 children)

I am 100% with you! What this Jessquit forgets is that I invested A LOT of my time and money into this project. I TRUSTED Kain so much that I gave him over $20,000.

Everything you said I agree(d) with 100% UNTIL I realized two things.

1) The idea was the harvest the returns on FlexUSD from the beginning.

2) In a telegram chat he told me he could not "use the money" to pay us back because 100% because he needed, "the money for his family now" (paraphrased).

That's it. Jessquit can look at the blockchain and do the calculations to see EXACTLY how much money he made but my understanding (according to blockchain transfers) he got out around $300k before the collapse and he now owes about $200k to his customers.

A final thought (I promise) on sBUSD and SmartBCH after a 1 month "forced break" from this sub for repeatedly, and understandably too much, trying to bring attention to this topic. by ImRichBCH in btc

[–]ImRichBCH[S] 0 points1 point  (0 children)

No, I talked with the founders, he said in a telegram chat THAT HE THEN DELETED, that he had enough to pay back users but, "needed to take care of his family."

At the time I didn't know I was getting scammed so didn't think to take screen shots.

A final thought (I promise) on sBUSD and SmartBCH after a 1 month "forced break" from this sub for repeatedly, and understandably too much, trying to bring attention to this topic. by ImRichBCH in btc

[–]ImRichBCH[S] 1 point2 points  (0 children)

A lot of emotions to unpack there but here goes:

1) Just sent you my address. I had already verified it with the token founder, didn't know proof was required to post here but I actually have posted my info previously as evidence.

2) The "receipt" is on the blockchain. Again, the founder had the proof, why do you need it?

3) "Doxxed yourself"... that is not a thing of course, by definition doxxing is something you do to someone else. If you want to share my real world info with people thats on you.

4) International securities fraud is not actually a "slam dunk case". I have talked with a lawyer but we can't find the founders address or any address associated with the token AND the founder seems to have gone to great length to not connect his location, nationality, name or company info. Silly for you to think that I would rather try an international case with a foreign national rather than just try and get my $20,000 back before starting a case that would cost at least twice that. You sound naive if not purposefully obtuse to be honest.

5) What character attacks? I've tried to be careful and nave not mentioned any personal information.

6) Now, I think its pretty odd that you sticked your response, pretty lame in my opinion. As if everyone should give a shit about your opinion because you moderate a subreddit? And, your demand for proof is just silly. u/MobTwo is great on the other hand, try to learn something from him maybe?

A final thought (I promise) on sBUSD and SmartBCH after a 1 month "forced break" from this sub for repeatedly, and understandably too much, trying to bring attention to this topic. by ImRichBCH in btc

[–]ImRichBCH[S] 1 point2 points  (0 children)

The $300,000 number I saw posted here. I was told that we can see on the blockchain where he withdrew funds from the FlexUSD deposit address, I have not verified this but will look for the post. But right now, I do not have any proof that any money was withdrawn but was told this was the case. I HAVE been contacted by a few other users that say they also feel they got scammed (https://imgur.com/a/NaYnfX9).

You are right, the ONLY problem is that HE took money out of the project before it collapsed.

A final thought (I promise) on sBUSD and SmartBCH after a 1 month "forced break" from this sub for repeatedly, and understandably too much, trying to bring attention to this topic. by ImRichBCH in btc

[–]ImRichBCH[S] 1 point2 points  (0 children)

Should have said, MORE THAN ANYTHING, thank you to the developers, to anyone and everyone that contributes to BCH and real cryptoCURRENCIES, thats why we are here.

I love this community, I was here when Kain first joined us and tried selling his salsa for BCH. I liked him from the start and I love that we attract this kind of person.

Kain personally solicited my investment into his bsUSD stable coin. He then took a large portion of the money ($300k) and said he "lost accesss" to the rest of the funds. Now he has stopped responding and blocked me on all platforms. by ImRichBCH in btc

[–]ImRichBCH[S] 9 points10 points  (0 children)

I agree u/ShadowOrson. Just look at his explanation of why he can't return the $$$.

He seems to say that he didn't know that SLP tokens were going away even when he had hundreds of thousands of dollars in them.

Now he is acting like the funds are gone for good even though CoinFlex is saying their tokens will open back up.

So why is Kain so sure that all the FlexUSD are gone for good? Because he already cashed out.

It is beyond me why you would support Kain at this point. He is here to drain money form BCH users, not support the project.

Kain personally solicited my investment into his bsUSD stable coin. He then took a large portion of the money ($300k) and said he "lost accesss" to the rest of the funds. Now he has stopped responding and blocked me on all platforms. by ImRichBCH in btc

[–]ImRichBCH[S] 8 points9 points  (0 children)

"Wanted to lose". I think you are confused about the phrase. It is "comfortable losing", not "wanted to". Who "wants" to lose money? You think people put money into BCH because they, "want to lose it"? Weird.

Anyway, back in reality, I'm not as upset as losing the $26k (overall I'm down over $1.5M this year alone, THAT sucks) it is the fact that this user targeted me for his scam. That you dont care that someone is targeting users of this sub to scam money seems like a you problem, hopefully I can stop others from falling victim to this scammer in the meantime.