Freitag, 27. Mai 2016

Criminal Complaint

If somebody pressed criminal charges against us they should send us the reference number. That is the only way our lawyer can do something about it. Otherwise our hands are tied.

Whoever pressed charges is excluded from the payback-program and would have to sue Betterbets Group by civil law for the money because a small part of it is frozen on accounts in Hong Kong. This could take a few years.

Because a few have changed their names we will later have to do a complete verification and compare that to our current list.

The contract was nothing else than a measure so we can transfer the money from electronic accounts to banks and then back to electronic accounts. Nowadays you can't just simply move such an amount of money. We had to prove where the money came from and that worked out well with the contracts.
Furthermore we did inform about the risk and that information was very important to get to all of you. With it everyone should be disadvised to take out a loan to invest in Betshare. One should never use money which is vital, even more so if there is the possibility of a loss (which is inevitable with betting). There were many irrational users and that's why we tried to inform everyone a bit more. This led to 10 times more payouts than before the contract. Our goal was met because the risk awareness was positively influenced for the most part.

Like with every other investment we wanted to clarify that one should only invest an amount one is prepared to loose. Even if the chances of a loss are very slim. Unfortunately we experienced an exceptional case which destroyed everything.
Under normal circumstances there should have been no more than 15% losses. We know what we are doing we can and want to continue like that.

We currently have 5 suspects but theoretically it could have been everybody. One only needs to try to intrude our servers from outside.
All passwords were stored on the server and all Bitcoin wallets for payout were installed and functional. We should have added more security at that point but because no one knew the server IP we didn't even think about an attack.

This case can't be solved. We talked with experts and it doesn't matter if and where we investigate we will never catch those who hid under a wrong identity and will remain hidden. The identity which was used on the PM accounts was faked. Bitcoin can't be investigated because it was split over more than a thousand payments. It would take years if it was possible at all.

We did everything we could from our side, more is just not possible. Within a short time we will make an offer which can be accepted or denied. We will certainly use the rest of the money to work ourselves up again from a secure distance. Everything else would be irresponsible and plain wrong.

We are ready to cooperate, if that is possible, but we will be very cautious about it.

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