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RE: [WARNING: SCAMMER on Steemit] - "Steem Cash" is the latest project of a known con-man

in #scam8 years ago

Thanks for sharing. Lots of talk going on but so far only you have shared resources to give more information on the history of this whole situation.

Do you know if there were any public remarks made by Banx to counter-act these articles (interested in both perspectives)?

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Well, Lyford has made lots of videos. It takes time to watch them so I haven't done that much (yet). This is his "response" to the latest article:

He basically just boasts how he will continue working on Banx and doesn't address any real issues that DeMartino has raised.

I just wrote a post about Banx and C-CEX. Now I'm reading old bitcointalk threads to see if I can find more interesting stuff. Unfortunately Lyford has deleted and edited the official thread so much that it's hard to know what really happened. But here is another one that I'm going through currently.

Lyford would only go so far, the moment you dared to ask what happened to your money or you questioned a decision you would be blocked, Facebook, phone, email, twitter, Marky didn't care, he'd block you everywhere.....poetry

Lieford received almost 1 million dollars from investors, maybe more. This is fact. Banx run for 18 months and didn't make a single cent. Yet investors were paid out astronomical profits in Banxs shares leading them to believe the cash equivalent was a healthy profit. Once money stopped coming from investment Marky boy got bored told everyone Banx was making no money and sailed off into the sunset.