It was one of my best/closest friends. As far as I know it wasn't a Ponzi. He hired a bunch of idiots with connections to the mafia to work for him, and they allegedly fucked him over.
Kid got goxxed years ago after turning $10,000 into several million. I know he can trade, which is why I'm not believing the court docket. He lost his millions to gox then started over with this company. I saw him working on this bot and saw initial results that looked promising. Once he turned it into a giant corporate thing I didn't involved myself because the people he hired were greedy fucks that had suspicious connections and did shady deals, so I distanced myself from the company but continued to hang with him. I never worked for his company myself in any official capacity.
Court docket claims he only had $600k in his accounts, but I've seen with my own eyes that he managed significantly more than that. He said he had 3 accounts.
AMA I guess? We're taking a road trip this weekend. He's out without bail.
Pretty surreal 24 hours for the both of us.
Aaron Flores
I'm not actually proclaiming his innocence, because after reading the entire docket there are plenty of suspicious details. I'm simply leaning towards his "partners" being more likely to lie and fuck him over than him being guilty.
Either way, will be interesting to see how this shakes out.
I'm really glad I ended up not being involved in his mess.
Bentley Turner
You might be too inclined to believe in his best intentions; it looks like a classic ponzi to me. Being closer to the situation means you see more, but you're also biased by what you know of the guy. Also, put me in the screencap.
Mason Allen
Yeah of course, that's why I'm not stating he's innocent, only that as someone close to him who has seen him do real trading many times successfully, multiplying his million 3-4x in the past on gox (seeing it with my own eyes, not just taking his word for it), it's just hard for me to buy that it is as simple as a ponzi.
Plus, the docket claims he only managed $600k. I've seen his business trading accounts with more than that. Information isn't adding up on either side.
Ayden Martin
The $600k is probably all they have hard evidence on. More than enough to put him in fuck me up the ass federal prison. Tell him to say hi to Shekreli for me
Ethan Adams
The CFTC suit is civil. You don't go to jail for civil. At worst he will have a nice chunk of his money taken for the rest of his life from every paycheck. Which is bad enough considering he'll have to live with that after being goxxed for millions and becoming a wagecuck.
Ryan Bailey
What did he need to hire people for?
Jose Mitchell
bitcoin packets?
Kevin Brown
He's socially autistic (SURPRISE!) and needed people with better business connections than him.
