Per coinmarketcap (ugh used to be an okay site before eth heads got them to abandon their integrity and list premined coins), it made it under 0.02 briefly back on September 25th!

I was pretty surprised by it, since it really looks like someone has been spending a lot of money to keep BCH above 0.02/BTC and I've been waiting for that peg to fail.


But I guess this is just how most of these schemes die... not with a bang, but with a wimper.

Not that polite to go digging through other people's transactions!

God knows, I half think that ver has been cynically dumping BCH (and later BSV) on his suckers the whole time.  We know that BU kept 90% of their funds as Bitcoin instead of going all in on bcash.

If he really followed through with what he promoted to others he'd be looking at devastating >>90% losses (esp if he also went hard in on eth at the time he was pumping it it would be more like 98% losses), and probably we wouldn't be hearing from him anymore.

A pretty decent amount, anyone with the leaked mtgox data can see how much... in USD amounts at the time it wasn't particularly stupendous.

Nah. A lot of people barely had any idea of who he was for a long time-- beyond the hothead blockchain.info guy that was doxing users.  But I have no doubt that he was very important in the little bubble where he was funding a collection of sycophants, and that's probably sufficient to build up the kind of hubris that you mention.

Damn, that's intense. And it explains a lot. Good find.


More proof: https://bt.irlbtc.com/view/94675.msg1197352#msg1197352

I remember all that going down at the time, it was fascinating to watch. Funny to find out loaded was larping as a "highly successful trader" the whole time. Instead what he really did was manipulate the Silk Road withdrawal system out of 50k BTC in 2012. Wonder where he slipped up with his OpSec. He lasted 10 years.

It would have been a highly complex exchange because who would escrow or ensure the coins were traded? I think it was something that would not have taken place even if both parties wanted because it would probably be impossible to arrange. It would have been the largest ever crypto escrow based on trust between the senders and escrow. For example, who would send first? Who would be trusted to work as escrow?

What would have happened to Ver if he had managed to swap his BCH for BTC the OP was asking to trade? At worst would it simply be a case of handing over the BTC to lawful enforcement agencies and then receive his BCH back or would it be something else? After all, if the exchange went ahead as far as Ver would have been concerned he was making a 1:1 BCH/BTC trade.

I was just reading the first few pages of the thread and a few different names were thrown around as potential escrows. Dooglus was one. Trying to execute it as an Atomic Swap was another.


I think you have it backwards: the deal was loaded's BCH for Ver's BTC. Interestingly, loaded sold all his BCH fork proceeds for BTC. As @Rampion hinted, loaded probably got spooked when he saw that Reddit was investigating the source of his funds.


Well now we know this probably wasn't the case.

Why is that one of the addresses marked as The US Department of Justice?

never mind, just read the yesterday articles

According to the article his sentence was: one year and one day in prison for charges related to executing a scheme to steal more than 51,680 Bitcoin

Now considering he had over 51,000 BTC in his possession from the theft, that 1 year sentence seems very light especially when it comes to mind he managed to avoid being caught for 10 years.