Phoenix will no longer be holding keys to shareholder funds

[ConfusedObserver]

Are you serious?
You lost 993 million NSR and the essence of what you say is that you are ashamed and retire?

Quite reasonably, there will be suspicion that I stole the funds.

Affirmative!

It is believed the compromise occurred at the same time as the last one.

Ever learn from your mistakes?

I have always tried to establish and defend the integrity of the project

Hadn’t you undermined FLOT, this wouldn’t have happened.

Finally, I have supported moving handling to multisig addresses.

Maybe you learn, even if it’s (too) late.

I came here to prove the Jordan Lee liquidity engine works reliably to secure a peg. I have proven that.

You could prove that this Ponzi scheme runs as long as you can sell tokens to share holders or customers.

I came to restore NSR buybacks. I accomplished that.

You have just like JordanLee before you achieved to trade assets from the reserve for even more volatile assets.
Hats off!
I’ve outlined before who profits from that and for the sake of readability won’t go in greater detail here.

Therefore, it makes sense for me to continue to step to the side and let others begin to play a bigger role.

Wouldn’t you have played the dictator for a year under this name, Nu would be in better shape.
Now that the shit caused by your inability hits the fan you “step aside”. Coward.

[MaVo]

Wait, I didn’t even completely read the OP. Is this the third theft?

[MaVo]

Or the second, I have no clue. I am losing oversight about all those thefts. Or maybe it depends how we define “theft”. There have probably been hundreds or thousands of thefts within Nu I guess.

[MaVo]

NuBits v3.0.1ban2 Release – Urgently needed Nu upgrade now available

There has been a theft of approximately 200 million NSR. It appears most or all of the stolen NuShares remain in possession of the thief at known addresses. This means it is possible to release a version of the Nu client that won’t accept transactions using the stolen NuShares as inputs. I have asked sigmike to do this, and here are the downloads:

NuBits v5.0.1 Release

A wallet containing B&C Exchange shareholder NSR under my control has been compromised.

Unfortunately, there has been a theft of NuShare holder funds stored at SiyWZ1WCedKRXLg7u8fmVkUtF3JRC9QATv. I have failed to secure them. It has become obvious that I should no longer hold keys to shareholder funds.

?? “Chief of Liquidity Operations”, indeed… You brought tremendous liquidity to the market, thanks @Phoenix!

[creon]

Oh boy, Jordan just keeps delivering. The wallet was on a VPS? Why was it unlocked? Because you were staking with shareholder funds? Can’t make this shit up. You really don’t care about other people’s money.

BTW although I would really love someone go Gaza for this, the only remotely possible target would probably be @jooize since he obviously is complicit in all this and fools shareholders imo even better than Jordan ever did. However, what is actually known about this figure? He claims to be known as “Esko” and is from Sweden, a google search for that gives some pop band. Maybe if he had verification level 2 on Polo you might be able to get some identification via court order, but its also quite easy to fake that and its not certain that any government will cooperate.

Maybe you can go for whoever is actually running this forum, since their intentions are highly doubtful giving how much this whole thing here scams from people, even now with low trading but that wouldn’t be very satisfying because Jordan and Esko would still go home with giant profits (as they do every day).

[Ben]

Maybe you can go for whoever is actually running this forum, since their intentions are highly doubtful giving how much this whole thing here scams from people, even now with low trading but that wouldn’t be very satisfying because Jordan and Esko would still go home with giant profits (as they do every day).

That would be me, as I host and pay for them as a service to the Nu community that I’ve been a part of since before the blockchain even had a name.

I’ve resisted censorship on the forums because I want anyone interested in becoming a shareholder to have the full picture of the network, warts and all.

Are you suggesting that I’m now considered a target for reparations for the faults of those that the shareholders actively gave control of the network to?

[creon]

Are you suggesting that I’m now considered a target for reparations for the faults of those that the shareholders actively gave control of the network to?

No, in an ideal world you would just be forced to do two things:

(1) provide all information about @jooize and @JordanLee that the forum logs may provide
(2) shut this forum down

This thing here would even have a great chance to get removed on reddit, so let them go on voat or something where all the scammers and dubious people are.

In the real world, nobody will come after you and you can continue paying for Jordans scam machine.

[Ben]

You are absolutely right, and @Ben hides post where I write that “no fucking idiot on this forum trusts “Esko””. This is really weird, and I believe that people like @Ben are part of this huge scam, too. @Phoenix steals hundreds of thousands of dollars from people and I call him a pile of shit and the only thing @Ben has to do is hide my post. This is fucking ridiculous. We can’t take anyone to court. @Phoenix took my $20,000 dollars that were meant for B&C development and pocketed them himself through share buybacks, but when I call him idiot my post gets hided. You know what, fuck you all you idiots.

Wait, what? I’ve never hidden a post on these boards that you’ve ever written.

[MaVo]

Who is hiding my posts then, who is that?

[Ben]

The moderators that would have access to do that are:

@cryptog, @Cybnate, @CoinGame, @sigmike

I’ll review your posts and see who had taken the actions you’ve stated.

[MaVo]

This is interesting.

[CoinGame]

When I get access to a keyboard I can look at the logs. Discourse has a number of auto moderation tools. Especially more so in recent versions. Excessive naughty language could have automatically triggered it. I can’t say for sure at the moment.

[MaVo]

As well? I doubt that @Nagalim expressed to have trust in @jooize with just a single syllable. Pretty interesting that you @Proteus joined May 2nd and by now have trust in “Esko”, whose forum name is @jooize. You know what? No fucking idiot on this forum trusts “Esko”. That dude doesn’t even know what NAV is, but now he is supposed to handle hundreds of thousands of shareholder funds? Are you serious dude? Tell me what you base your conclusion on. Your account is one month old. Why do you trust “Esko”? Why don’t you trust me? I can hold your funds in a secure place if you like. Just send me your Bitcoin and I’ll make sure nobody can steal them, just like the untouchable @phoenix made sure nobody can steal shareholder funds.

This post got hidden, why? Because I tell the truth? Nobody really trusts Esko here, and the sybil attack going on won’t change that. @Ben

[Ben]

And @woolly_sammoth, I missed him in the mod list.

And it looks like a majority of the deleted/hidden posts (all were in April, May?) were removed by @woolly_sammoth. I’m looking deeper and will provide additional information if I have it.

[MaVo]

And also, keep in mind that I already paid for the bad words I am using. I paid almost $20,000 dollars for the right to call @Phoenix a pile of shit. What more can you ask for? Tell me, please.

[Ben]

@cryptog flagged this post as “inappropriate”. Which is why it was suppressed.

I’m temporarily (and potentially permanently) removing their moderator privileges until I can understand more about why they’ve been using them as a crudgel for valid (albeit rough) statements like yours vs a scalpel for single word garbage posts.

[MaVo]

I will remove my posts where I stated that you @Ben are part of this scam. I thought it is you removing all that stuff. I apologize.

[MaVo]

@cryptog I warn you. You are indeed publicly known. I understand you are neck deep into Nu, but helping people like @Phoenix and @jooize pull this scam off makes you a great target for some lawsuit action.

[MaVo]

And your brother @crypto_coiner is a psychopath, too.

[Ben]

(1) provide all information about @jooize and @JordanLee that the forum logs may provide
(2) shut this forum down

If enough of the remaining known community members feel that the forums are enabling problematic behavior, rather than enlightening people to the positives and negatives, I’ll shut them down immediately.

We intentionally set up the boards from the start to be as privacy-enabling as possible. All traffic runs through Cloudflare, which strips off identifying metadata like IP. This decision was made when we launched because of the unknown legal risks that could put all forum members in danger.

Whether or not it was a good decision, is debatable.