Bitcoin Latina breaking news

in #bitshares7 years ago

images.png

Hello steemians!

In an unexpected turn of events John Gotts, the leader of the Bitcoin Latina project, has turned rogue.

Few hours ago, John has decided that he wasn't pleased with how things were going with BCL and transfered a currently unknown but very large amount of BCL from several investors' and holders' wallets back to his own.

He explained it by his suspicion of an illegal market making activity performed by the BCL insiders and also by his disappointment with the people who sold BCL for cheap prices.

Illegal activity or not, this is not how things are done in crypto. Not only this move shows a completely centralized nature of BCL, where anything could happen with your money if the Grand Leader woke up in a bad mood, but it also is a crime. People paid their money for these coins and Gotts just stole them, plain and simple.

Stan, Michael and Jared Rice are among the victims of this disaster.

Screenshot_20180321-092700.pngScreenshot_20180321-092706.png
Screenshot_20180321-092950.png

Not only did John stole the investors' money, he also took the BCL that was on Jared's frozen account, which the feds have the access to. The funds on this account are allowed to be spent on living expenses only, which is exactly what Jared was doing - selling some BCL to be able to buy a cheeseburger. But Gotts didn't like that, he wanted everyone to pump the price and hold, so he stole money from the account controlled by the feds.

Currently the BCL leader bans everyone who dares asking questions on the BCL telegram chat.

Stan went on to say that John Gotts is done:

Screenshot_20180321-094020.png
Screenshot_20180321-094122.png

The BCL community remains somewhat supportive to Gotts in their telegram, but the real amount of support is impossible to gauge because every negative comment gets deleted in a matter of seconds.

Personally I would recomend dumping every BCL while it still has any value.
I really feel sorry for the investors.

Stay safe.
Cheers!

Sort:  

Wow nice post. Keep em coming. will folloy you for more in the future :)

Doing my best, thank you

The title should start with "Scam Alert:"

Well I thought it was too late for that already :(

Congratulations @ravid! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got your First payout
Award for the total payout received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Do not miss the last announcement from @steemitboard!

John Gotts is still doing it. Scamming people group by group. Creates group, gets those involved moving, closes group. Rinse and Repeat.