REAL JOURNALISM - POLITICAL ACTIVISM - LEGISLATIVE INTERVENTIONS - ONLINE FRAUD PREVENTION

ESTIMATED TENS OF MILLIONS USD WORTH OF CRYPTOCURRENCIES WERE STOLEN IN ONE OF THE MOST ELABORATE CRYPTO CRIMES OF THE CENTURY

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ESTIMATED TENS OF MILLIONS USD WORTH OF CRYPTOCURRENCIES WERE STOLEN IN ONE OF THE MOST ELABORATE CRYPTO CRIMES OF THE CENTURY

Sat, 07/13/2019 - 10:58
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InnovaMine BTC

How Much Money Had Been Really Lost?

Some of you may have had noticed a change in the title, the USD value is being exaggerated to half a billion USD worth of cryptocurrencies across many InnovaMine related Telegram groups. Many people thought there were much more members/investors in InnovaMine products so the estimation went sky high and unfortunately, so far we were unable to trace or collate all the fraudulent accounts to the exceeding number crypto addresses and a wallet used in the scam process. However, one of the investors correctly pointed out with the ongoing returns, it does not really matter what the total is at the moment as its greatest value is in the future. People lost in the range from $30 to $400,000 in case of largest investors. We have accounted for near 2000 investors in total, from which I extrapolated a reasonable estimation of $20 million tops $30 million were stolen at the existing market value.

UPDATE 26/07/2019

An anonymous person posted in the below comments sections a link to a blockchain wallet, saying "check this BTC wallet one from Innova". Whether the claim is true or false remains unknown and we are still hoping he or she may come forward with more evidence and help of investors to recover their investments. The value of the wallet as of the date was near 8500 BTC for the simplicity of the calculations at $10,000 we may be looking at a new estimation of 85,000,000 USD!!! If the wallet truly belong to InnovaMine owners, it is likely the value is combined with other similar scam revenue, such as https://emine.to appears to be.

Check out the BTC wallet at https://live.blockcypher.com/btc/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s/

The monies from the wallet are, however, being transfered  elsewhere, check out below snapshot as of 29/07/2019 16:26 BST

Alleged Innova Mine BTC Wallet

 

PENDING PETITION - ONLINE FRAUD PREVENTION ACT 2020 DRAFT BILL IS URGENTLY REQUIRED, UK & EU PARLIAMENTS ARE URGED TO ACT!

Prior to continuing this journal of events, please take a second and sign up to hear any updates regarding pending legal, media and political actions. ALL VICTIMS OF THIS ELABORATE CRIME PLEASE JOIN AND BE PART OF THE ACTION. LET'S GET SOME REGULATIONS IN PLACE AND MAKE IT HARD FOR SCAMMERS TO BREATHE! WITH YOUR SUPPORT WE WILL LATER RUN A PETITION ON CHANGE.ORG, AND WILL NEED 100K SIGNATURES SO YOUR SIGN UP COUNTS!

If anyone else wants to be a part of our cause, PLEASE do sign up as well and we will contact all in further details in the future. Please do not expect frequent communication, only key updates, so we have the chance to get prepared everything properly and make sure our efforts will not end up in vain.

 

InnovaMine - Makes Scamming Great Again

See below the series of key events regarding InnovaMine from 15th July 2019 onwards to date.

15-16th July 2019: INNOVAMINE FACES CYBER ATTACK, ALL INVESTORS KEEP CALM AND CARRY ON

UPDATE 1:

PLEASE DO NOT INVEST UNTIL FURTHER NOTICE. INNOVAMINE SEEMS TO HAVE TECHNICAL ISSUES WITH WITHDRAWALS AND DUE TO NO LONGER RESPONSIVE SUPPORT AND NO OFFICIAL EXPLANATION GIVEN, POSSIBLE SCAM IS BEING SUSPECTED.

 

UPDATE 2:

16TH JULY, AROUND 3 PM BST THE SITE IS ALLEGEDLY HACKED BY [email protected], A GROUP OF HACKERS, SUBSEQUENTLY, YOUTUBE CHANNEL WAS TAKEN DOWN.

 

UPDATE 3:

DOING SOME INVESTIGATION AND DIGGING, I FOUND A CHAT SEEMINGLY BETWEEN SOMEONE AND THE INNOVAMINE OWNER!

David Gaines

 

UPDATE 4

ON @INNOVAMINETELEGRAM GROUP A HACKER CLAIMED THEY BROUGHT THE WEBSITE DOWN. WHEN CHALLENGED, HOWEVER, HE FAILED TO PROVIDE ANY EVIDENCE, ONLY PROMOTED HIS PHILOSOPHY. PROBABLY MORE OF A TWAT PLAYING A HERO, THINKING HE IS GOING TO GET SOME PRAISES FOR PUTTING A STOPPER TO INVESTORS' CASHFLOW!

Hacker

 

17th July 2019: INNOVAMINE RECOVERS FROM CYBER ATTACK, ALL INVESTORS KEEP CALM AND CARRY ON

UPDATE 5

OFFICIAL INNOVAMINE ANNOUNCEMENT

Official InnovaMine Announcement

UPDATE 6

INNOVAMINE IS RECOVERING FROM THE 2 DAYS ATTACK, WITHOUT OPTION TO LOGIN YET, INNOVAMINE IS BACK ONLINE USING LTD DOMAIN END INSTEAD OF IO, SO IT DOES CERTAINLY LOOKING LIKE SOMEONE IS DOING SOMETHING TO RECOVER FROM THE DAMAGE.

 

UPDATE 7

AWAITING A RESPONSE FROM MASTERCARD ON THE FOLLOWING EMAIL SENT TO LONDON HEADQUARTERS.

Good morning,

Further to our conversation earlier today, I am investigating an Australian company for a suspected investment scam. The full company name is INNOVATRADE PTY LTD, ASIC ACN 631027391, and on their website, which is currently offline, they claim to be the issuer of MasterCards. I would like to verify with yourselves whether INNOVATRADE is an official issuer of MasterCards, or is in any similar business relations without yourselves in any country.

I and thousands worried investors would greatly appreciate a prompt response to this matter as it is the key and decisive information in ongoing investigations, while many had reported a scam/investment fraud to the local and global authorities worldwide.

Can you please forward this email to a relevant person. 

Kind Regards

 

 

UPDATE 8

OFFICIAL ANNOUNCEMENT BY THOMAS AT INNOVAMINE (copied from Reinstated Official Telegram Group)

We are working on fixing the issues and we are not able to be focused too much on telegram, for all the updates we will inform you in this group. Please be aware that we are the only official source regarding the state of InnovaMine. We apologize about this situation and we need your support and cooperation until we fix all the problems. Soon we will come out with a new explanation and solution about the current situation that we're in. For now, our engineers are focused on regaining access to the lost data of Bitcoin Miners only and this operation doesn't include the miners of the following cryptocurrencies ( LiteCoin, Ethereum, Bitcoin Cash, ZCash, Dash ). After we fix the problem with Bitcoin Miners, the same procedure will be followed to regain access also for the other cryptocurrencies mentioned above. As for the website, we have lost the access to the innovamine.io which is hacked and in the other hand we have created a backup site to support your needs with different servers and domain and that is innovamine.ltd. We appreciate your patience.

 

UPDATE 9

NO AVAIL WITH MASTERCARD RESPONSE SO FAR, AND THAT BY NOW AT 6 PM BST IS PAST BUSINESS HOURS SO NO-RUSH MASTERCARD, JUST SOMEONE MIGHT BE ABUSING YOUR BIG BRAND SO KEEP CALM AND CARRY ON.

 

18th July 2019: AS OF 8:45 AM BST, NO FURTHER OFFICIAL ANNOUNCEMENTS, NO LEADING OR USEFUL INFORMATION ON THE ATTACK, ALL INVESTORS KEEP CALM AND CARRY ON

UPDATE 10

JUST ON THE PHONE CALLING UK CYBERCRIME. BLOODY HELL, IT TOOK ONE HOUR AND QUARTER OF RECORDING SO WATCH THIS SPACE FOR AN EXCLUSIVE POLICE REPORT RECORDING.

 

UPDATE 11 - ANOTHER OFFICIAL ANNOUNCEMENT AT 16:13 BST, FINALLY!

Dear Users

Due to the unfortunate incident on July 15, 2019, our website was shut down by a group of unidentified hackers. During this time we were continuously working on getting our access back.

The money is safe, we counter-attacked hackers in the process and the miners are still working perfectly.

After three days of hard work, we are happy to inform you that there is no more interference involved in our system.

Unfortunately, the database was damaged to the point where we lost the ID Numbers and details of the accounts.

We know it was a tough time for you all to wait, we understand your concern and we apologize for the delay.

A solution has been made and the announcement will come out later today.

SO FINGERS CROSSED!

 

UPDATE 12 - EXCLUSIVE ON PGP!

A JOURNALIST CUT RECORDING OF MY PHONE CALL TO CYBERCRIME UK OFFICE. SCOTS VS CZECH. BEWARE OF STRONG ACCENTS!! :)

 

 

UPDATE 13 - 18th July 2019: INNOVAMINE EXIT SCAM CONFIRMED - SEE FOR YOURSELF BELOW

ANNOUNCEMENT

Dear Users,

Thankfully the invested amount from our customers is safe and still there but we don’t know to whom they belong personally.

In order for us to know that we need to accept new deposits from our customers so we can get back each user ID number from that deposit based on the Wallet Address that was used to make previous deposits.

Disclaimer: You need to use the same wallet address that you used before to invest in InnovaMine. We will not be able to get the account back from other addresses.

The payment from every Wallet Address was connected to the ID NumberPurchased Contract and the deposit/withdraw history of every individual that made a deposit before in InnovaMine. This is the only way that we can get the ID numbers back and also the Deposit/Withdraw History.

We have split the Hashrate Power into different divisions to know where the money will go since we accept payment through bitcoin and that will be solved automatically.

So the new deposits will work this way:

Every individual will need to send 15% of their total amount deposit in order for us to place each deposit into the split division of the Hashrate to regain access to the lost ID Number and get control back to the accounts of every member and send your money back to your BTC Wallet Address.

Please do not send less or more than 15% of the total amount deposit. The new deposit which will be made to gain access and get the account back will be also transferred to your Wallet Address.

During our time trying to fix the problems, we came to this conclusion which is the only way to regain every detail that was lost and deleted when the cyberattack happened on July 15, 2019.

We will activate our tracker system for the next 6 hours, after that it will be closed and won’t be able to track any ID’s.

So please make the deposit within the next 6 hours.

I THINK THAT CONCLUDES THINGS BUT HOPE NO ONE IS THAT DESPERATE TO GIVE AWAY 15% AT THE TOP OF THEIR LOSES.

 

 

UPDATE 14 - INNOVAMINE AFTERMATH, SUMMARY AND POLEMISING (KEEPING CALM AND CARRYING ON)

So, folks, that's it, we are done and for most of us, it is not the first time. In the aftermath summary, I for one, want to revisit and discuss my understanding of why I and many others like me literally allowed ourselves to be scammed again, some of us over and over. That is to be scammed by something what others only laugh at, as it is unreal to believe "just another get rich quick" scheme!

 

Why Do We Burn Ourselves Over and Over?

The answer is not as quite simple such as the question itself. Those who laugh or say I would not get scammed into such a scheme, it is often due to lack of understanding of cryptocurrencies workings and their future value to the human evolution. They are probably 100% right they would not get scammed in our particular case. However, if there is a scam model that would conform to their understanding and bringing a desirable solution to anything of their liking, they would be the same susceptible to an elaborate type of scam as anyone else would be. Their critical flamboyance only exists only to protect their own ego that does not know any better, being contained and satisfied in the current comfort zone and by no means seeking a way out or solutions the way you do. You should therefore not take such opinions personally and not by any means feel stupid at all that you lost maybe all your capital to the likes of Daniel Gaines.

 

Let pause for a moment and think. ‘Gains’. That has a ring to it, don’t you think? Gaines does sound too coincidental and a fitting name for his business model. Subtle yet ingenious marketing of a criminal mastermind. His name is like inception, the conscious mind does not think of much, but subconscious takes it in raw. Consider this in one go… gains with InnovaMine makes America oops mining great again. Do you see what I am pointing at? Subtle but ingenious suggestion, directly playing at your core beliefs and desires. He segmented us. People who find Trump’s slogan sound. People who look to gain quickly as life is too short for waiting. People who are too cool for school. free thinkers, dreamers. These are our marketing characteristics  I believe we, the victims, have in common. Do you take the blue pill or the red pill? Same principle. How could you possibly resist? In combination with my friend saying to me I am happy and cashing out daily for over 2 months, to the contrary, I would be silly not to try. A lost opportunity?! Like there is a way in hell I am going to let that one go!

 

But back to Daniel Gaines. He could be anyone, he, or maybe even she, could have bought a nice Aussie passport on Dark Net for a couple of grand or so, and so I probably would, if I were to commit such an elaborate crime that appears to be masterminded to great detail. I think some Hollywood producers should go wild and do a movie featuring Daniel Gaines as the main character, based on a true story, lmao. Anyway, if you feel stupid losing your investment to InnovaMine, Mr Gaines had managed to cheat some large investors that of calibre and capacity to invest a capital worth near a half a million US dollars single-handed. You would not call them stupid would you, therefore it does not matter if the investment is $5 or $5m, do not be your worst critic.

 

You may perhaps hear way too often, “See, I told ya, I knew it, it is all a scam”, but you know they are saying that without any prior knowledge or background information, plus you know how wrong they are regardless. Everyone is a general after a war is over. You already agreed yes, this one was a scam. Your mind, already accepted a failure, on this occasion. However, do not doubt your mind for a second that it will do anything in its power to seek new and better solutions to yet unsuccessfully addressed the problem. Remember when you were a kid and got your first puzzle? I for one could not stop until all 1000 pieces were together. A mind is an analytical tool that seeks solutions and you can learn to control it but you can’t stop it. Scientific background of this logic is discussed from various angles in our Neuromarketing Academic Series. The scammers may not put it the same way, but they know the workings of human susceptibility to scam too well so they are working hard, improving their shady techniques and getting better year on year so they can trick you over and over, by making more and more elaborate scams year on year, every year. InnovaMine had indeed made scamming great again! They executed a nearly faultless scam, or a next-generation scam, probably faking their own hacking too, certainly beating those before them or outdoing themselves this time!  Has anyone got the feeling that year on year we are being scammed by the same people who are only improving on their technological solutions with no fear to be caught by the inefficient legal system? I was blind to the details that pointed from the beginning that InnovaMine is a scam and in the aftermath, I developed a set of basic guidelines, which will be included further down below.

 

However before we can review those guidelines, let’s review the situations that became a source of these guidelines. Year on year we are finding ourselves exposed, to use the metaphor, to a digital Wild West, full of banditos, pistoleros, desperadoes, hyenas and vultures. This digital world is only going to get civilised if we raise and continue raising general awareness of these issues and ceaselessly push for legal changes, introducing careful and appropriate interventions and regulations into the legal system. We must preserve the anonymous ledger without the interference of any third parties, however, them we also must seek legal ways to prevent the abuse of the blockchain systems. We need to get a step ahead of the scammers, right now they have us all at a great disadvantage.

 

 

In 2017 I was fooled and scammed by cryptoallday.com aka the self-proclaimed Wallstreet of Bitcoin that stole $14k from the account I had with them. In overall that year I generated a crypto loss nearing $17k. After the loss of $14k, in order recover my investments I did spread my remaining crypto assets into 6 Ponzi or HYIPs, well-reviewed and at the time ‘100%’ paying websites, plus I did not really know at the time what Ponzi or HYIP really is. There were no doubts in my mind that surely at least one of them will be the real deal and I was not worried about any other losses. We all know one reliable and lasting system and your money worries are gone forever. To cut the story short, you know too well how it ended, they all went one by one, otherwise, I would not write this reflection, and I would probably never heard of InnovaMine. By now, I would be kicking at large somewhere in Hawaii or anywhere else. I took me loses and a ‘crypto break’ along with falling 2018 cryptocurrency markets and in early 2019 I bought some Ether, made about $700 just by holding it so ok start of the year. Some weeks ago, a good and well-trusted friend of mine called and shared honest details about InnovaMine and his earnings. Due to my 2017 experience, I was exceptionally sceptical but did my research, which part of my original promo article below.

On the positive side, I am grateful to the circumstances that I did not have a single referral, and that InnovaMine actually went down in just about the time I was getting ready to send my promo to thousands of email subscribers. Being an affiliate can be great, but I do hate to lose sleep over a scam behind which I put my name.

 

On that note, I want to revisit those I call ‘scavengers’. Who I am referring to? Not the scammers, not the hackers, but those who had arrived at our Telegram channels and started to share their spammy links like hyenas and vultures circling their prey when weakened. Naturally,  screw the others as long as they earn money via affiliate programme that they claim to believe with all their might. Without prejudice I received about PMs from 20 of those types of individuals during past few days, only to learn most of them are not just a naive affiliate I thought they are, but some of them had transpired to be indeed human parasites that actually came to pray on the misery of others.

 

“Oh, have you been scammed by InnovaMine. That’s so horrible. You know what today is your lucky day, I am with a company they so great and blah blah" and then they send you their affiliate link mostly to some mediocre obvious spambot or website with Gmail POCs and trying to aggressively convince you they know better. What a waste of space are these people, but to be fair I met quite a few good guys despite their affiliate link was another crap.

 

But let's stop sidetracking with these scavengers. Let’s review the original promo article and learn from it. Underneath the promo, I will follow with the guidelines I was referring to above, analysis and underlined the concept or short pre-draft of the petition for which I will seek approval from key people (i.e. anyone who is keen to contribute and help, PM me) and support of our Telegram communities.

 

ANY UPDATES TO THIS JOURNAL WILL BE PUBLISHED ON CIRMCUMSTANTIAL BASIS ONLY AS IT IS MORE OR LESS COMPLETED. FULL FOCUS NOW WILL BE GIVEN TO PETITION THAT IS BEING DRAFTED.

PLEASE SING UP WITH PGP TO BE THE FIRST TO HEAR OF ANY UPDATES REGARDING PENDING LEGAL, MEDIA AND POLITICAL ACTIONS! ALL VICTIMS OF THIS ELABORATE CRIME PLEASE JOIN AND BE PART OF THE ACTION. LET'S GET SOME REGULATIONS IN PLACE AND MAKE IT HARD FOR SCAMMERS TO BREATHE! WITH YOUR SUPPORT WE WILL LATER RUN A PETITION ON CHANGE.ORG, AND WILL NEED 100K SIGNATURES SO YOUR SING UP COUNTS!

 

 

Below is my original promo article, I kept it here as an example that not everything may be what it appears to be. Please do not drive or operate any heavy machinery while reading this 💩;)

 

INNOVAMINE CRYPTO CLOUD MINING REVIEW – ASSESSMENT OF TRUST & INVESTMENT SAFETY

InnovaMine - Makes Cloud Mining Great Again

Innova Mine is poised to become one of the leading BTC, ETH, BCH, ZEC, DASH and Litecoin cloud mining companies within the next couple of years. We have just opened our doors to customers from across the world, and our goal is to become the leading company by 2020.

These are bold claims copied from InnovaMine website, seemingly a great opportunity for earning a passive income, but is it?

This is a valid concern, especially known to those who got into mining and trading of cryptocurrencies earlier and got scammed by Ponzi schemes and websites disappearing into nothingness, often without prior notice and stealing all of the investments and profits. You are not alone and you are right to be worried not to repeat the same mistake again.

I used to spread investments into these Ponzi schemes in hope at least one of them will be for real or last long enough but got burned in all of them. At some point, one of the scammers stole a balance of $14k, but that's now long gone so let's not cry about spilt milk. I am only saying this as I know there were many others who got scammed, and the trust in cryptocurrencies was significantly damaged. The purpose of this article, however, is to review and assess the trustworthiness and credibility of InnovaMine and are they really so great as they say?

I came to the conclusion and my findings of InnovaMine are sound, hence why I am sharing these details with the web, helping you to decide. Please understand that I am not in any business association with InnovaMine, except being a hopeful customer, so if InnovaMine does not turn out what it promises to be, don't blame me for your decision to board a Titanic! :) If this one, however, reaches the other shore, our planet will never be the same again. 

So Why Did I Decide To Trust InnovaMine?

First of all, I am not the giving up type and I would like to think I have a fair bit of understanding why many cryptocurrencies are the next big thing and why mining them is the answer to many economic problems on a global scale.

The concept of not having to earn money, but have to have money to work for us may be scary for many, or all who cannot see beyond the question, who is going to work? It is a valid question, as we all have been pre-programmed by the system like automated bio units to serve the system and the society, spending most of your good life working in some sort of 9-5 routine or worse, only to turn one day and wonder if you really have spent your life in full and might die of an old age filled with regret. It is difficult to look beyond the boundaries of such a dysfunctional economic system. For too many are work and their work achievements the holy grail, but I think the truth is in the pudding. Ask yourself, if you really like yours and what would you do differently if you only could?

Especially some of the so-called economic experts and analysts are so attached to the workings of economies that are literally based on debt with no real value behind money, one nation is in greater debt than another. My answer is to that question above, is I don't care. All we know the current worldwide economic system is rotten in their core with values only represented by large national and personal debts in sums of trillions. Even that on its owns sounds totally absurd and it would be naive to think there is not a global solution to this mess. Yet there are those who are so opposed to it, being so rigid in protecting the existing system with all their might and spitting fire on cryptocurrencies as these would be an enemy of the state.

Therefore, nothing can please me more, but every single cent that is generated via crypto mining anywhere anytime, injecting real value money into worldwide economies and undermines the existing monetary system, which should rather sooner than later transform and I am looking forward to all the changes it will bring, the good, the bad and the ugly.

 

Why Do Cryptocurrencies Have A Real Value And How Come It Is Profitable Mining Them?

Being no expert, this is my layman understanding. I used to own an ether mining rig of 6 graphics cards for a period of 6 months. The price of electricity here in the UK is sky high but regardless, my rig generated a turnover in the range of £200 every month of which about half was the cost of electricity. Not so profitable considering the right was £1200 but luckily I sold each graphic card higher of £100 than I bought it and it overall it was more of a hobby than a profitable business but did not lose any money. But why I am saying this.

InnovaMine has two large mining pools in Ukraine, where the cost of electricity is way cheaper. I am guessing the company had likely received some government incentives, enabling them to run their service even cheaper. In that respect, the earnings promised given current mining difficulties are very reasonable. So you can do the math, for example, one of my contracts I earn in the range of $7 per day by just purchasing 14 TH/s BTC hashing power at the price of $200. That bought me hashing power for 2 years. The level of earnings is obviously subject to currency and cryptocurrency markets fluctuations. Also, mining difficulties are being adjusted by a particular crypto algorithm based on its set criteria, but it is beyond the scope of this article to discuss these topics in detail as there are many others before me who covered these topics. For example, a great technical article can be found at the ITPro.co.uk website.

 

 

InnovaMine Website Analysis

1. InnovaMine Website Look & Feel - 10/10 - This may be a subjective opinion, but I love their website and like the way it puts the information across, clear message, vision, mission, great branding are the marks that inspire trust. Simply put, this does not look like one of the mediocre Ponzi websites I was referring to above!

2. InnovaMine Website Functionality - 10/10 - Nothing you may possibly expect from a cloud mining service has been left out. Their user interface and services are just great.

  • 2.1 - Restrict access to your InnovaMine account to a single IP address. You could not go more secure than that! If you decide to enable this security feature, just be sure your IP is static, and if you don't know what that is you won't likely have one and in that case, do not use the feature or you will be prevented your own access in the future and will require technical support.
  • 2.2 Two Factor Authentication (2FA) via email
  • 2.2 Two Factor Authentication (2FA) via Google Authenticator or similar
  • A great dashboard, loud and clear, you see what you get in great detail.
  • Fully featured mining, trading, exchange and wallet interface for BTC, ETH, BCH, ZEC, DASH and Litecoin
  • Autoreinvest your earning and get an extra 5%, starting at a chosen crypto value of a minimum of $50.
  • Great referral program with up to 5% from each referral earnings, ongoing! Up to 5%, of course, is added by InnovaMine and by no means taken from the earnings of those you referred. So simply introduce this great opportunity by inviting family or share with friends!
  • Generate your own promo codes and get more hashing power on your mining contracts or share with others!
  • Responsive and helpful customer support via LiveChat or support email.
  • InnovaMine is mining service regulated by Australians Securities and Investments Commissions with a speciality in cryptocurrency mining services. 
  • Last but not least, InnovaMine has partnered up with MasterCard. Yes! This tells us all what we need to know. MasterCard would not just partner up with some Ponzi happy scammer if there were any suspicions. Although I have no verifiable source, common sense dictates that not every business gets to issue MasterCards and I imagine the approval process must be quite rigorous. Cards are available to order for $29.99 in USD, EUR AND GBP, shipping worldwide. How cool is that? Direct access to a debit account that passively generates money!

 

Still in doubt? Check out the video and see for yourself InnovaMine is the real deal, that's a lot of hardware!

 

In summary, there is only one thing in its category that I hate more than a lost investment and it is a lost opportunity. The possibility of I should have when I could have, it never returns as life passes by. One of the primary keys to success is to never give up and finally, I am on the route to recoup loses and earn a comfortable passive income and hope so will many others.

 

With all the bad past experiences, I would advise anyone to play it safe and start by recouping their investment prior reinvesting any money, which at the current mining difficulty with the more profitable currencies (BTC, BHC) takes only about a month, regardless the amount of investment. After that, you can start from the scratch of the original investment but reinvesting only from your daily earnings. That way, if anything happens, you are still in overall profit.

 

See below guidelines I was referring to above. If you appreciate any tips on adding into these guidelines, if so just drop us a comment or PM me at my Telegram @radek22

 

How To Deep Dive And Uncover A Scam Before Its Too Late, Id Est What Did I Miss In My Original Promo Article

  1. In the article, I identified that InnovaMine is registered for real at ASIC, but the lazy me just searched the register and did not go to any lengths obtaining the actual ASIC documents, which now can be downloaded below. Look at them closely. How many people own the company. One. That should have been a laud alarm alongside with the InnovaMine claimed to had in excess of 40k investors. So our first guideline, DO NOT INVEST WHEN THE COMPANY IS OWNED BY JUST ONE PERSON!

 

  1. Although I noticed none of the InnovaMine shown their faces, I conveniently ignored the fact, thinking to myself that if I were in their places I would not necessarily want to be known for obvious security reasons, because as we know crypto mining business is a favourite target of black hats and possibly other criminals due to the value of mining equipment in place and the value of my own pockets. So the second guideline is DO NOT INVEST IF YOU CAN’T SEE AND VERIFY OWNERS IDENTITIES ONLINE. For example at LinkedIn or Facebook. Although if the company is owned by only one person who is, however, well known and traceable, this can be a positive sign and an exception to the rule number one.

 

  1. As we have learned from InnovaMine.io, fancy and great looking website and fully functional user interface mean nothing! So guideline number 3 – DON'T NOT GET FOOLED BY LOOKS THEY CAN BE DECEIVING.

 

  1. Guideline 4 is not a full guideline, more of a pointer. Consider that if returns are too high it may not be real, in other words, too good to be true. Like I said just a pointer. We all want it to be true and there are so many similar schemes that come and go and it's hard to pinpoint though who stay and those who trust.

 

Unless I am missing something, in which case I will be happy to get any tips from any of you and update the article with your proposed guideline point. Please don’t propose I could fly to Ukraine to check on their fancy facilities, that may be feasible for some but not for most.

 

As of now, these guidelines are not enough, nowhere near enough. We need a clear and preventive solution. These guidelines do not provide any required security and give guarantees crypto investors need. Relevant legislation should have been in effect by now, four years ago was too late!

 

Hypothetical Scenario How Scammers Can Bypass Our Guidelines And Appear Even More Credible

  1. Next year the scammers will register companies of two or three Directors. Makes no difference, just add more directors when registering a company, they are part of their crime group anyway so no biggie.

 

  1. They will make fake social profiles that will appear real. They will even gather followers and keen marketers that will sell you anything to get a penny. With the money they stole, they can hire a personal plastic surgeon and a makeup team.

 

  1. They will improve on their UI as to dazzle you with some real pro features! They will even make 3D bitcoin that will be popping up from your screen and they will even give you free glasses as to get you in! Just wait.

 

  1. They are not worried about that. They only target the segment of people that are risk-takers and the segment always existed. One of the reasons why people go to a casino. Not to win the odds are always on the casino side, but to be a part of it and have a thrill of the night. The same it is with an investment into crypto, the scammers know the odds are in their favour.

 

Scammers and their products and techniques are rapidly evolving and getting better and better at year on year. These days, they are almost indistinguishable from the real businesses, and in result, these honest businesses suffer the same reputation as all the scammers who are flooding the internet with their products. In the cryptocurrency sector, they seem to own the majority of the market. In result many honest and hard-working people instead of getting the financial securities they deserve they continue to account for loses.

 

 

Considering If Our Guidelines Harm Legitimate Businesses

  1. Legitimate and real companies are often owned by one person.

 

  1. Owners of the company have the right to their anonymity or privacy, as long as business delivers on promises and expectations.

 

  1. n/a

 

  1. Legitimate and innovative crypto mining/trading company can deliver high returns so prejudgment on this matter causes the customer to lose the opportunity and good business lose a good customer.

 

So you see, there is a different way of looking at the same things and our guidelines turn out to be pretty useless. But if the real crypto opportunities exist, I for one, due to the jungle of Ponzis and HYIPs, had not much luck finding any real ones yet or possibly, I may have dismissed the good ones due to former disappointing experiences. That is very wrong and in a parliamentary democracy, the issue must be addressed with the severity appropriate to the endless exploitation many investors into cryptocurrencies are being subjected to. The solution to this is not perhaps as complex as it may appear to be. The most effective solutions are simple solutions, often drawing on existing resources. We don’t want to reinvent the wheel.

 

In light of the above, in a pre-draft of the petition, a proposal draft is currently being considered and formed. We are going to collaborate on and develop a new set of regulations aiming at full prevention of cryptocurrency-related crime. All companies that wish to do online business in mining or trading cryptocurrencies shall obtain a licence, which shall take a form of a special issue of SSL certificate. The certificate shall be available via only a limited number of globally accredited issuers. This type of digital licence/certificate can serve as the only singular identifier of trust. Online businesses that offer any sort of investment into cryptocurrencies without the valid SSL certificate should carry an unlimited penalty and be fully audited relevant authorities as soon as an invalid certificate is found and reported. An independent monitoring body with full audit launch capability in case of a fraud suspicion is required. Diversity of legal systems worldwide needs to be addressed in the petition and the solution delivered via UK parliament must be applicable and quickly adaptable internationally. However before it can be adapted on a global scale, it would remain at the company owners responsibility to restrict access to countries that incorporated the new legal bill into their legislation in one form or another. For example, similarly to GDPR, it requires a special set of cookie notifications on any website that collect data within the web of the EU. Similarly to cookies, any offshore/abroad companies would have to adapt the legal changes should the wish to operate in the region Each individual representatives from each country should copy us and take the benefit of particularly the UK and Iranian joint and well organised of efforts as to ensure no soul is scammed ever again by the likes of Gaines & Co.

 

Currently, I am in search of an SSL certification expert in order to discuss the feasibility and applicability of the above draft of a proposal on a technical level. If anyone knows anyone who has the knowledge to advise on the matter, kindly please link me in at https://linkedin.com/in/radekdufek or PM me on Telegram at @radek22

 

ANY UPDATES TO THIS JOURNAL WILL BE PUBLISHED ON CIRMCUMSTANTIAL BASIS ONLY AS IT IS MORE OR LESS COMPLETED. FULL FOCUS NOW WILL BE GIVEN TO PETITION THAT IS BEING DRAFTED.

PLEASE SING UP WITH PGP TO BE THE FIRST TO HEAR OF ANY UPDATES REGARDING PENDING LEGAL, MEDIA AND POLITICAL ACTIONS! ALL VICTIMS OF THIS ELABORATE CRIME PLEASE JOIN AND BE PART OF THE ACTION. LET'S GET SOME REGULATIONS IN PLACE AND MAKE IT HARD FOR SCAMMERS TO BREATHE! WITH YOUR SUPPORT WE WILL LATER RUN A PETITION ON CHANGE.ORG, AND WILL NEED 100K SIGNATURES SO YOUR SING UP COUNTS!

 

 

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Comments

Submitted by Pasi (not verified) on Fri, 07/19/2019 - 04:58 Permalink

this all "we've been hacked.... send us 15% of what you invested within next 6 hours so we can track your ID" is total bullshit and another scam.... so they only have our wallet addresses and IDs but not our emails? RIGHT!
I can smell bullshit.... finally just bit too late

Profile picture for user prettyadmin

It's ongoing mate, just trying to juggle between my life and my InnovaMine life lol, but after this comment just publishing a final large piece into this existing journal, it gives us the underlying concept for our petition as a pre-draft so heading to next stage and writing the actual draft itself and publishing it as a separate article of this journal. I need to find some people of knowledge, like the SSL expert guy to fill in any gaps and a nice voluntary dedicated solicitor would be a great asset to our cause.

Submitted by Cryptopeptalk (not verified) on Tue, 07/23/2019 - 03:23 Permalink

How sad that people cant put their trust in other people. And worse that some people think its OK to elevate themselves by pushing other people down.
Blockchain give us trust but unfortunately that can't be programmed into people.

Voted