So, not sure if this has happened to anyone else that bought XPY with a CC, but it looks like the pending charge on my card is gone. It didn't post to my account. It's as if Stripe just canceled it. I wonder if they are canceling the orders, or it is just a glitch on mine. I didn't report the charge, or in any way request a chargeback.

If, and this is a big **IF** as I have no evidence other than my anecdotal story, Stripe is reversing all the charges, GAW could be out a bunch of XPY and USD.

EDIT: I'll post if the other charge I made disappears as well. I'd expect it to post by Monday for a normal charge.

SO, were stolen credit cards used to purchase Paycoin? If so, will Paycoin can to return the money they accepted?

The SEC might not care about a virtual market though. I'm not defending GAW, but the law is trailing so far behind, PayCoin might as well be the equivalent of in-game gold in an RPG, baseball cards, coupons, or bottlecaps.  They might not really care about a new virtual currency... They might get a slap on the wrist for being a money transmitter, if they didn't have that license with FINCEN. If GAW created the market and a virtual currency, that's not much different than selling parker brothers monopoly money on ebay.

There's a thread somewhere around here about reporting them as a ponzi, that would probably carry the most weight and get the most attention from the feds to be taken seriously.

The shit-hawks are circling overhead!

I'm bringing in the Green Bastard from points unknown!

No I mean this guy:


here he is in action:

http://youtu.be/a_dVdhNgwrc?t=1m48s

Now look at this persons posts:

https://hashtalk.org/user/albundy


This really makes me think...

You wonder why he owns his own forum? He has bots shilling for them.

No way man, thats just not possible. Not even the most deranged person in the world can be THAT insanely metal.