Ilgamos collapses due to scammer infighting


Ilgamos CEO Geza Kapitany has knowledgeable traders that their ilcoin wallets have been frozen.

The said motive for the freeze is an tried hostile takeover by the ilcoin builders.

Ilgamos launched again in 2015 with OPR Ponzi factors and ilcoin.

OPR was quickly distributed with to give attention to ilcoin. 5 years later ilcoin is simply as pointless because it was when Ilgamos launched. It’s public buying and selling worth has steadily dropped this yr from simply over 4 cents to round 2.7 cents.

Since inception, Ilgamos has maintained ilcoin was being developed by a separate entity. That is regardless of ilcoin serving no function outdoors of Ilgamos itself.

Personally I’ve simply gone with Ilgamos == ilcoin, seeing as ilcoin devs labored for Ilgamos itself.

In an e mail despatched out to Ilgamos traders on Could tenth, CEO Geza Kapitany (proper) suggested;

the ILCoin Improvement Workforce blocks the ILCoin wallets, proscribing ILGAMOS to ship their ILCoins to their companions.

We face the truth that ILCoin Improvement Workforce resctricts the authorized and lawful operation of it’s dad or mum firm and its principal, ILGAMOS.

By proscribing the free motion and use of ILCoin – that are owned by our firm and hundreds of individuals – the ILCoins have truly been taken hostage by the ILCoin Improvement Workforce.

With this step, the ILCoin Improvement Workforce tries to blackmail the whole ILCoin ecosystem, together with Ilgamos Worldwide Ltd.

Kapitany went on to state Ilgamos “is about to resolve the problem”, which seems to revolve round prices in opposition to the ilcoin improvement workforce.

ILGAMOS delegated an investigation group of Hungarian-Austrian and German consultants, to convey a cost in opposition to the contract accomplice of ILGAMOS, the chief of the IlCoin Improvement Workforce, “Batmin”, i.e. DANIEL GYENES by start, and his accomplice NORBERT GOFFA on the Hungarian and Austrian authorities.

I’m assured that the system will likely be restored quick on account of swift regulatory motion.

Assuming that’s not simply straight up bullshit, possibly Hungarian and Austrian authorities might additionally look into Ilgamos working as a Ponzi scheme itself.

Pending decision, Ilgamos suspended new funding and withdrawals.

In a followup e mail despatched on July ninth, Kapitany lashed out at “malicious and incompetent individuals”, who he claims “revealed false allegations and deceptive details about Ilgamos Worldwide Ltd. and me”.

Kapitany doesn’t go into particulars however did allege ilcoin builders had been holding wallets for ransom.

The individuals who carried out the unlawful blocking, have knowledgeable me by means of my lawyer that they might solely make the unblocking process, if I paid them 2200 Bitcoin (app. 18.000.000 €) and handed over the corporate to them free of charge.

In any other case they made certain that I might be reported to the police in lots of international locations on the planet, they’ve revealed a number of invites for this function on their Telegram channel.

Kapitany claims he refused, prompting the ilcoin devs to attempt

to show hundreds of individuals in opposition to me in letters with unfaithful content material, saying „ask Ilgamos for what’s yours”, whereas they’ve been sitting on all of it as of right this moment and ruining all the pieces round them, destroying the exhausting work builded [sic] almost for a decade.

As of July ninth, the date of Kapitany’s second e mail, “Ilgamos doesn’t have entry to the corporate’s personal ILCoins”.

Whether or not that standing has modified over the previous month is unclear.

Kapitany states he and Ilgamos are pursing the matter with “legislation enforcement authorities”.

We had a virtually 1 month-long investigation which enlightened a number of issues.

In case of prison denunciation, it is rather necessary that – within the curiosity of the investigation – info should not be given in regards to the case.

I believe it goes the identical from Vietnam to Kazakhstan as effectively in case of proceedings insituted [sic] by public authorities.

This was the rationale that I used to be not capable of inform You for a very long time despite the fact that I needed to do it a lot earlier.

On account of the dispute between the events, Kapitany seems to have dropped the facade that ilcoin is separate from Ilgamos.

A gaggle, named ILCoin Improvement Workforce is all the time included within the deceptive and false communication.

There is no such thing as a organisation with the title of such authorized character, and Ilgamos Worldwide Ltd. doesn’t have any authorized relationships with such named organisation.

The already mined and never but been transferred ILCoins are Ilgamos Worldwide Ltd.’s personal, unique property. No person else has authorized proper over them.

I’ll inform You in regards to the prison process. I’m the one one that is allowed legally to talk on behalf of Ilgamos Worldwide Ltd!

To summarize;

  1. ilcoin scammers  need management of Ilgamos as a result of ilcoin is nugatory outdoors of ilgamos; and
  2. Ilgamos needs management of ilcoin, as a result of with out ilcoin Geza Kapitany can’t run his Ponzi scheme.

Good occasions.

We’ll preserve you up to date if we hear something additional.

 

Replace seventh June 2021 – Ilgamos’s Ilcoin bagholders are being funneled into ILGON.