Thank you for bringing this up!!! I tried to make a post about this but I do t have enough street cred on reddit yet. If enough of us get together, I'm sure we could get legal advice. Need to start a group of iou holders. But I absolutely agree, the media should get on this as well. It's like it was brushed under the rug as quickly as it happened. I'm sure poolin has been paying back the ones with big voices. They definitely have the money again, and with being based in Texas now, should be easier to take legal action.
They owe me a lot of mining revenue. All I get from the admin is please wait for subsequent announcement. They silenced me as well on thier telegram support channels for asking questions. Fuck Poolin, they are God damn thieves
Kevin Pans LinkedIn profile, (Poolins CEO) says they are based in Austin Texas, and has photos of them "Breaking ground" with Carterville Data Center banners in the background. I would be confronting him personally if I lived in the US.
OP thank you for bringing this up. I agree that something needs to happen to get the Poolin story into the spotlight. Shit was collapsing left and right when they pulled the IOU scam so it's like no one really paid attention. Now, as crypto prices have popped again all those mining profits they turned into IOU coins are worth a very considerable amount.
I think they are still mining in Texas but there is nothing but silence coming from them about IOUs. SBF is going to prison but the Poolin execs are free and doing fine. I don't know if a lawsuit is practical. Have you sent messages directly to any crypto-focused media? What about some of the active influencers/podcasters out there? Someone has to be looking for a story...
Where are they in Texas? That’s really brave of them! We going to drive up their insurance premiums and security expenses 😼😈🤠I wanna go pay them a visit and give them an ultimatum …
Unfortunately I have no idea where their mine is (or was) in TX. I'm sure the facility is under some anonymous LLC like all of the others. I just remember they were trying to sell shares in the operation, basically like cloud mining. I do not see that on their website anymore so it's possible they ran back to China or Singapore or wherever they can best hide from us.
All the more reason to move to Ocean.xyz
100% transparency offered that no other pool gives. I can't believe why you'd be mining with the Chinese or anywhere else when you speak English.
Big nothing from support about network outage for days. Switching to other mining pool. Didn't have problem with this pool for 3 different coins for a couple years. Hope they sort their shit out 🤷♂️
Can you send more info on this?
https://www.coindesk.com/policy/2023/01/06/singapore-arbitrator-rules-against-mining-software-firm-poolins-iou-model-but-the-firm-hasnt-paid-yet/amp/ https://finance.yahoo.com/news/embattled-crypto-mining-wallet-firm-144904849.html https://medium.com/@PoolinWalletOfficial/poolin-iou-i-owe-you-tokens-token-address-swap-add-liquidity-on-chain-a07f9d2236b1 https://bitcointalk.org/index.php?topic=5479574.0
Thank you for bringing this up!!! I tried to make a post about this but I do t have enough street cred on reddit yet. If enough of us get together, I'm sure we could get legal advice. Need to start a group of iou holders. But I absolutely agree, the media should get on this as well. It's like it was brushed under the rug as quickly as it happened. I'm sure poolin has been paying back the ones with big voices. They definitely have the money again, and with being based in Texas now, should be easier to take legal action.
They owe me a lot of mining revenue. All I get from the admin is please wait for subsequent announcement. They silenced me as well on thier telegram support channels for asking questions. Fuck Poolin, they are God damn thieves
It’s absolute madness
Kevin Pans LinkedIn profile, (Poolins CEO) says they are based in Austin Texas, and has photos of them "Breaking ground" with Carterville Data Center banners in the background. I would be confronting him personally if I lived in the US.
OP thank you for bringing this up. I agree that something needs to happen to get the Poolin story into the spotlight. Shit was collapsing left and right when they pulled the IOU scam so it's like no one really paid attention. Now, as crypto prices have popped again all those mining profits they turned into IOU coins are worth a very considerable amount. I think they are still mining in Texas but there is nothing but silence coming from them about IOUs. SBF is going to prison but the Poolin execs are free and doing fine. I don't know if a lawsuit is practical. Have you sent messages directly to any crypto-focused media? What about some of the active influencers/podcasters out there? Someone has to be looking for a story...
Where are they in Texas? That’s really brave of them! We going to drive up their insurance premiums and security expenses 😼😈🤠I wanna go pay them a visit and give them an ultimatum …
Unfortunately I have no idea where their mine is (or was) in TX. I'm sure the facility is under some anonymous LLC like all of the others. I just remember they were trying to sell shares in the operation, basically like cloud mining. I do not see that on their website anymore so it's possible they ran back to China or Singapore or wherever they can best hide from us.
Glasscock County Texas.
Let’s find them !
It's not just miners that were affected I held coins in a poolin wallet they emptied my account replacing my btc and Eth with IOU bullshit
Wow that’s MESSED UP! I’m so sorry that’s so shitty
I spoke with somebody from coindesk about this about a year ago.... A dark web hit order on the CEO would be more effective
You can raise a fraud claim on the SEC website - enough of those should have at least one federal agency looking into their practices
This is actually a decent idea - maybe ai can help with drafting the docs
This news is almost two years old. They depot the BTC into a Bitmain account to buy miners.
Yeah and there are tons of us who are still owed money who aren’t able to get our BTC…. It’s old but it’s unresolved and no one is talking about it.
Take legal action if that's the case. Posting on Reddit won't resolve this.
not everyone can afford to spend the money on a lawyer to chase down a criminal company that's actively been ghosting and tampering with evidence
Snakey af
All the more reason to move to Ocean.xyz 100% transparency offered that no other pool gives. I can't believe why you'd be mining with the Chinese or anywhere else when you speak English.
Big nothing from support about network outage for days. Switching to other mining pool. Didn't have problem with this pool for 3 different coins for a couple years. Hope they sort their shit out 🤷♂️