THELOGICALINDIAN - If you associate over to Litecointalk a appointment committed alone to Litecoin LTCGear has been a rather abominable affair for the aftermost brace of months LTCGear started by a affiliate by the username Beekeeper additionally accepted by his absolute name Chris
When Chris started the service, associates both chief and inferior besmirched over its profitability, angary and was consistently out of banal due to these reasons. Then starting in December of aftermost year, LTCGear started acting up. Payments were paid out to some people, but not to others. Payments again were delayed or late, but again chock-full altogether. Chris’ acknowledgment to barter was usually hours again became canicule until not at all.
Whenever money is involved, and it is disconnected in one way or another, bodies are apprenticed to get agitated or mad. This has occurred on a rather ample scale, with bodies alike doxxing Chris, and giving Chris afterlife threats.
While he still responded to analytical issues, aloof a accepted analysis would not get replied to at some times. Addresses in the website got changed, affected shares started actualization in bazaar places, the armpit got DDOS’ed, aggregate bad that could happen, did.
For abounding weeks, miners invested into LTCGear were accustomed ambiguous answers or larboard in the aphotic altogether.This makes it difficult to accord a complete and authentic arbitrary of what has occurred with LTCGear in the aftermost two months or so.
Chris on the LTCGear website categorized the four types of attacks the armpit has experienced:
I accept been able to allege to several admired association members, including Andrew Vegetabile, additionally accepted as TheMage online over at Litecointalk, the administrator of the Litecoin Association. Like abounding added people, Andrew declared the accepted bearings as “unfortunate”. Andrew describes it as a accepted aggregation that grew at an exponential amount that Chris and his workers could not accumulate beneath control.
Also Read: Litecoin Association Appoints New Development Team and Director
I additionally accept talked to addition acclaimed adjudicator over at Litecointalk, Sukarti, apropos the affair as he has accepted about Chris back he had been authoritative FGPAs. When I asked him about the bearings apropos LTCGear and little history abaft it he replied saying:
Problems didn’t alpha occurring until the barometer arrangement came into comedy for LTCGear, about September 17th, 2024. This is back LTCGear became a accepted affair alfresco of the forum, overextension over to Bitcointalk and HashTalk as able-bodied which abnormally added the chump abject that Chris had to accord with.
Due to this added chump base, the basement could not accumulate up with the amount that LTCGears website was actuality subjected to which led to the payments accepting delayed best than not at all, as able-bodied as the attacks and abnegation of service.
On the ablaze side, Chris according to the forums ” all balances will apparently get bankrupt in abutting days” which with some bodies still skeptic, is a acceptable sign.
Photo Source: LTCGear
Editors Note: Bitcoinist is still investigating the bearings and will broadcast updates as we verify information.
Do you use LTCGear? Are you cat-and-mouse for Chris to assignment out everything? Have you been delayed payments? Let us apperceive in the comments below!
