Intersango Might Owe You Some Bitcoin

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#1May 3, 2021, 02:23 AM
So, Intersango apparently owes users a ton of bitcoin. Patrick Strateman took off with millions worth of bitcoin from countless users. There are hundreds of folks out there who are owed 1 BTC or even more. Plus, he sold off the forked coins belonging to these users. A co-founder has come forward with new info, sharing his fight to expose this in hopes that people can get their money back. If you or anyone you know has dealt with Intersango, make sure to spread the word. You can check out a detailed breakdown of what went down here: paypeoplepatrick d0t com. Axios even put out a piece confirming some of these details. But they've messed up a few things. For one, they said the exchange closed in 2012 when it actually shut down in 2014. They also made it sound like it was just an accounting mistake when, at the time the site was taken offline, millions were embezzled. And they keep repeating the defendant's claims that it’s somehow acceptable to steal while being sued, ignoring that the lawsuit came over three years after the embezzlement began. Still, Axios did publish an article highlighting the huge amounts owed. As noted in the article, 7 figures have already been paid out.
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sam_walletFull Member
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#2May 3, 2021, 05:25 AM
If you're going to attempt to promote a website which is relatively new, less than a month old, you would need to provide more context to your thread and include all relevant information. For one, you should specify that the article covers an old news and you're not just using it for clickbait or some other malicious intent. The Press board might also be a better fit to post this.
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#3May 3, 2021, 09:47 AM
Hey, I don't know what to tell you, but it's not a scam. Maybe it reads like one, but thousands of people are actually owed money. When they read this and click through to the site they will understand.
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im_forkMember
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#4May 3, 2021, 02:09 PM
Never Heard of Intersango before (maybe i am too young for that).. and they don't have much footprint left in internet either. i searched it on google and could only find this link about one Intersango which was supposed to be a crypto exchange https://bittrust.org/intersango-formerly-britcoin the link also indicates that It was formerly called Britcoin the post itself doesn't provide many details nor are there any reviews (positive or negative) from any of it's users. the link provided there doesn't work so we can assume it could've scammed thousands of people (only if it had thousands of users)  if they scammed millions off dollars of user's money we could've at least heard some news. maybe it was not as hyped as FTX (which scammed $ billions) but still, there has to be some news about their scam.   according to the website you gave this incident happened around 2014.
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#5May 3, 2021, 04:33 PM
Intersango was once the second largest bitcoin exchange. Its members were some of the first to ever be interviewed about bitcoin for the wallstreetjournal, newsweek, cncb and so on. Feel free to look at the archive.org page for Intersango and before the site was taken down in 2014, their about us page linked to a lot of the press articles. The site was taken down a year and a half after the registrations were closed and volume slowly died. A website called bitcoincharts.com also tracked early bitcoin exchanges and shows the volume that Intersango had as well as how its volume slowly died down. After 2014, when the site was taken down, most had already taken off their coins. Tons of people had inactive accounts and so the CTO basically took the site down and stole all the coins from users who had been inactive. There are some people that claim they were scammed but many had no idea and no way to find out. One of the co-founders fought a long legal battle to expose this and the article I linked to is the one that he wrote. This might be an old site but most embezzlement is only found out well after the fact. The evidence is all there and he is just trying to bring it to light and I am helping him.
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#6May 3, 2021, 05:22 PM
It's not a scam. There is no scheme. Just facts. The other co-founder who wrote the article sincerely hopes that those who's bitcoin was unknowingly embezzled gets it back. Read the article. It's clearly not what you are saying. lol you said you were "moving on" in your previous comment. now you can, bye bye
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#7May 5, 2021, 08:29 PM
look up the. case NORMAN v STRATEMAN. This was a lawsuit in the California Superior Court. If you look at the dockets you can see the two Intersango co-founders spent a million dollars each duking it out in this legal battle. It finally went to trial. You don't think maybe some updates came out? You don't think it is possible that there are new revelations. 5600 people are owed bitcoin and now it is a matter of public record.
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#8May 5, 2021, 11:57 PM
Why do you think this covers old news? When they found out Bernie Madoff had been embezzling funds since the 80s, was that old news? But thanks your feedback.
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#9May 6, 2021, 04:09 AM
Frankie, if I was trying to scam people I wouldn't be directing it at the 0.000001 percent of human beings that accessed an obscure site over 8 years ago.
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#10May 7, 2021, 05:07 AM
There should be news. I know the co-founder has reached out to several media outlets. Non crypto outlets don't get it and CoinDesk turned down the article because the editor didn't understand why people weren't coming forward. Well the 5600 people that are owed don't even know it or gave up a long time ago. They certainly don't know about these newly public releases. CoinDesk also didn't seem to understand the difference between civil litigation and criminal prosecution. Confessions in a civil trial don't translate to convictions. For instance, if in divorce court child abuse is discovered, the judge will not be able to sentence someone to jail. No a new trial in a new venue (not family court) needs to happen. Well it's the same thing here.
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#11May 7, 2021, 10:02 AM
Look, a class action means lawyers get 10 million dollars of other people's money. All the evidence has already been put in the record by Patrick Strateman's own testimony. There is no work left to do but to get law enforcement to force him to give people their money back and to do a forensic audit to establish that he hasn't stolen from other people. If you've ever called up trying to get law enforcement to take on something, even if there is clear evidence, you'd know how resistant to bringing charges they are. That is why potential victims need to come forward. Attention needs to be brought to the matter. That is what I am doing. I'm sorry if the website isn't up to your standards of professionalism. It is just about getting the word out to potential victims.
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#12May 9, 2021, 03:38 PM
where is money being asked for? You are trolling hard lol but I love you anyway, Frankie. Do you want me to set you up a video call with the co-founder? I'd be happy to make that happen.
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SwiftOrbitSenior Member
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#13May 9, 2021, 04:04 PM
https://www.govinfo.gov/app/details/USCOURTS-cand-4_16-cv-03587/USCOURTS-cand-4_16-cv-03587-4 Based on this, it seems you have no case whatsoever! After the case with the users vs Bitcoinica and Intersango lost, what makes you think you can change anything now?
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