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All of the AMA questions/comments from the darkoverlord re: 9/11 insurance leak extortion here
Q: This doesn't seem like something a group that uses the darkweb would do in public. A: This is something we do. We can't speak for the others. This is our modus operandi. We like to do everything we can to squeeze every last coin out of our victims. We're financially motivated. For everyone else asking why we're not dumping it all, we have. It's available to torrent. Our official Press Release with more info is available here: pastebin.com/4F5R8QyQ Q: 9.8 gigs seems a lot for just documents. Does it include videos or audio recordings? A: We're withholding anything that isn't text-readable for now. Q: who did 9/11 in your opinion based on the docs? A: We don't really give a fuck. We want internet money. We've already released a select few documents to serve as proof of our claims. We're about to change the fucking world. Edward Snowden's NSA leak will be pale in comparison. Q: (ID: QYsiPYKc) A: When we deal with clients who have PoF, we provide such presentations. We're quite wealthy, earning hundreds of BTC per year in profit from our systematic cyber-extortion. GCHQ coined that term for us. You can read their advisory about this organisation. Q: Hi, thedarkoverlord, Have you considered that information may well be used crash the monetary system you hope to be compensated in? A: Fantastic question, mate. We're not concerned about that as we receive our payments only in internet money like Bitcoin. The monetary crash will be your problem. We always advise our clients to diversify and acquire different convertible currencies. Q: Explain attack vector that lead to initial shell. Web based? Misconfigired service? Well known exploit? A: Nice try, Mandiant. Q: How? You stated that your intent was to sell it to the highest bidder. That just means that it will get buried. A: We're financially motivated. We're not motivated by saving the planet. Q: Waiting for overlords dead man switch A: We have several layers of 'dead man's switches' deployed. This is why the entire archive we'd plan to release is freely downloadable now. We're sitting on our high entropy master encryption keys that can be released through even a failure of the organisation. Q: The thing is, I (and few others) are willing to pay. Provided that OP understands at least basics how such trades are executed. A: We're highly reputable, having sold hundreds of BTC worth of intellectual property, R&D, databases, and more. Our official contact details are in our office Press Release. Please contact us using PGP. We'll happily conform to your requirements to substantiate our loot. Q: if you DO get paid then we can assume the world's not save because you'd not release them right? A: That's correct. We're not here to save the world. We're here to get paid internet money. We're not motivated by ego or charity, only money. Q: Hey thedarkoverlord, give us something for free you poofters. A: We already have. Pay attention, fag. For everyone speaking about the hack of a global insurer, you should understand how sophisticated litigation works. We're sitting on SSI and SCI from TSA, FBI, FAA, USDOJ, and others. Refer to our official PR for more information. Q: Thoughts on Cicada 3301 and WikiLeaks? particularly who is behind Cicada? A: We don't speculate on other organisations. We focus on ourselves. Q: Do you have a timeline you can disclose for releasing each layer? A: There is a timeline, but we can't share details about that. Q: Your group could have chosen to privately auction this info to the same exact bidders you will likely get through these public antics. That makes me question your timing. Why disrupt our system of things and way of life now ( assuming your I do is as world changing as you state)? Why now? A: Tis the season. Q: I don't give a shit what he wants I'll kick in 20 bucks for anything that peaks my interest one single doc to prove it's not a nothing burger with no strings attached I've been sitting on btc since 50 btc blocks. A: Ff you'd like to be the first person to purchase a single file or two from us, you're welcome to. We'd happily sell you something right now. Our Twitter has our e-mail on it. Get in contact, mate. Q: what would anyone who is selling world shattering documents for millions of dollars try selling them on 4chan? A: We're not selling anything on 4chan. We're working SEO right now. Google 'thedarkoverlord' and see for yourself. It's driving a tremendous amount of traffic to our content. This is all calculated and pre-arranged. Q: Fuck yeah based hackerman. I read the release, make those fuckers pay for breaking the deal. They should pay extra just for being so stupid to let you find anything in their network in the first place. Too easy probably, IT people are lazy as fuck. Get paid. A: We've probably hacked your company too. Q: I'd be willing to chip in with others to see it if I was sure it would be world shaking info. Not something the average person would change the TV when it came up on the news. On a scale of 1-10 how system breaking is the info? A: You're the smart one here, asking the right questions. We'd say it's a 7.5, all things considered. Snowden may have been a 5.5, maybe a 6. More people care about 911 than USA spying. Now, our next release about UFOs, yeah, that's a 10 mate, but it's going to wait until we're done here. If you'd like to buy 911 documents from us, read the answers above. Anyone can see ample proof on our official PR and our official Twitter @tdo_h4ck3rs. This is quiet real. We'd like to top Edward Snowden. Everyone saying they're coming for us: we know. GCHQ has published advisories about us and the Billings Gazette news publisher leaked the fact that the CIA and NSA event attempted to locate us last year in October after we closed down 50.000 students and 36 schools in an entire region of Montana for 7 days. This is readily available news. Q: Actually appears legit. On a scale of 1 to 10, how likely do you think it is that your leak could cause a former-sitting president to get lynched? Also, hope your DMS shoots to a Blockchian. A: We'd rather not say, for fear of his safety. We'll be sharing a few new screencaps momentarily, to stir the pot a bit. Q: why are you doing ransom instead of exploiting this information for insider trading A: We're experts in systematic cyber-extortion, according to GCHQ. We do what we're best at. Q: Do you have anything really damaging on Hillary or Obama? A: We're unwilling to answer this question. Q: Holy kek, FreeBSD is one of the most insecure OS, no joke. A: We utilise Windows Embedded. Q: That's a bit of a lame answer. Why pick a risky strategy like cyber extortion, when you can stay under the radar, and do insider trading from a beach in Asia? A: We don't discuss out TTPs in public. Q: So given your financial motivation, is it safe to assume you’re “group” is more anarchy than order? That is to say, are you looking to shift power,take power, or destroy power? A: We're not interested in power, only internet money. Q: Their answer here will actually clue in their degree of technical competency. I'd add - justify why it will reach this price. A: We haven't shared a price, at all. Depending on what a buyer would like, we adjust our offer. Q: Iron Mountain is a military base. Why is a WTC Insurer shredding documents on it? A: Great question. We'll direct you to ur official PR which details it. We'll quote the issue for you below: "When major incidents like the WTC 911 incident happen, part of the litigation must involve SSI (Sensitive Security Information) and SCI (Special Compartment Information) from the likes of the FBI, CIA, TSA, FAA, DOD, and others being introduced into evidence, but of course this can't become public, for fear of compromising a nation's security, so they temporarily release these materials to the solicitor firms involved in the litigation with the strict demand they're destroyed after their use and that remain highly protected and confidential to only be used behind closed doors. However, humans aren't perfect and many of these documents don't become destroyed, and when thedarkoverlord comes along hacking all these solicitor firms, investment banks, and global insurers, we stumble upon the juiciest secrets a government has to offer." Q: Hey do you take hack requests? I have a couple of bitcoins... A: Visit our official Twitter @tdo_h4ck3rs where our contact details are readily available. We operate on a strict protocol and often times require bonding. Q: why leak on new years eve A: Because it forces about a dozen Fortune 500 companies in the UK and USA to build damage control and COA plans on their New Years holiday, robbing them of any pleasure and bringing in their new year at a new low. Q: if i purchase the doc's, whats stopping me uploading it everywhere? will you guys get annoyed? A: Once we're paid, they're yours. You do as we you wish. We couldn't care any less. Q: yeah has there been any strange shit happening that makes you think they're on to you or that you've being targetted already? A: Other than them telling victims to pay us because it's the best move to save their arses, we sleep like babies. Q: Likes,kind of a career ending big heist, don't you think? A: We already live like the ending of a great heist movie, on warm beaches with loads of internet money. We're quite happy. Q: Why do you care about their pleasure or them starting new year at all time low, thought this was all just business? A: It's all business. Psychologically, they're most vulnerable when this process is used and it resutls in higher success rates for us. Q: Apparently the guy they caught was in Serbia. A: A complete random stranger. Q: The question about crypto was good, do you have any predictions about BTC next year and do you think it's still the best currency to invest in? A: We predict we'll earn even more BTC. As our clients are paying us while we have them bent over a barrel, we always advise them to buy up for their personal portfolios. Q: Do you have a deadman set up A: We do.
Jim Preissler, CEO AMA Session On Telegram, Friday 13 July 2018 - Everything!
For those of you who like to go through everything in their correct order to get context, here is the full AMA from beginning to end. Knock yourself out. Jim Preissler, [14.07.18 00:01] Hi everyone Scarlet ~ trade.io Admin, [14.07.18 00:01] [In reply to Henry] The first 1000 will receive email either on 16 or 17, but before exchange actually launch. Dustin McDaniel, [14.07.18 00:01] Jim in the house! ?? Crypto Bling, [14.07.18 00:01] Hi jim trade.io, [14.07.18 00:01] Hello Jim! Scarlet ~ trade.io Admin, [14.07.18 00:01] [ GIF ] TSas, [14.07.18 00:01] Hello Jim S Aggarwal, [14.07.18 00:02] Hello jim Satish, [14.07.18 00:02] Wassup man! Jim Preissler, [14.07.18 00:02] Been busy getting ready for the launch and signing some more partnerships for us Hiro S, [14.07.18 00:02] Hi Jim Jim Preissler, [14.07.18 00:02] Good morning / afternoon / evening / go to bed to all of you! Dustin McDaniel, [14.07.18 00:03] [In reply to Jim Preissler] [ GIF ] Le Tai, [14.07.18 00:03] Hi Jim Jim Preissler, [14.07.18 00:03] [In reply to Dustin McDaniel] yeah, thats exactly how I feel Ro$€, [14.07.18 00:04] Nice to hear the new partnerships S Aggarwal, [14.07.18 00:05] Hey S Aggarwal, [14.07.18 00:05] Jim can u tell me which all coins will be listed intialy?? Jim Preissler, [14.07.18 00:06] [In reply to S Aggarwal] Initial will be the basic, big coins, but then will roll out a ton after, especially ERC20 Jim Preissler, [14.07.18 00:06] Have a bunch of listings and ICO clients that will come out quickly as well trade.io, [14.07.18 00:06] Hi Jim, here's a question and a suggestion from Phil(@PhilWall10):
When the calculator will be available for the lp pool?
I would like to see a 1% bonus for the first day that the exchange is Trading ,just for investors that held over 25,000 Tio's something like that would be nice.
Zeep, [14.07.18 00:06] hi Jim S Aggarwal, [14.07.18 00:07] [In reply to Jim Preissler] I am asking for those 10 basis ones Jim Preissler, [14.07.18 00:07] [In reply to S Aggarwal] is there a particular one that you are driving towards? S Aggarwal, [14.07.18 00:07] Eos S Aggarwal, [14.07.18 00:07] Xrp Paul Johnson -trade.io, [14.07.18 00:08] I can help out here, as the list came up a short time ago: BTC - Bitcoin BCH - Bitcoin Cash ETH- Ethereum LTC - Litecoin TIO - TradeToken USDT - May be available right at launch or at the very least within 2-3 days following launch TSas, [14.07.18 00:08] Jim, here's a question: What are the plans with FX Primus? Jim Preissler, [14.07.18 00:08] [In reply to S Aggarwal] Both those require testing, ERC20 will be sooner S Aggarwal, [14.07.18 00:08] [In reply to Jim Preissler] K Dustin McDaniel, [14.07.18 00:09] Jim, Can you speak any on the progress with regards to regulations in the various jurisdictions? Which jurisdictions is trade.io currently focusing on, or which is top priority at the moment? S Aggarwal, [14.07.18 00:09] Also can u please tell me approx figures u have earned out of ico consultantancy..? Just to have a idea about profit in ico S Aggarwal, [14.07.18 00:10] Also what is your status for regulatory licences?? Jim Preissler, [14.07.18 00:10] [In reply to Dustin McDaniel] Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well HODL Droid, [14.07.18 00:10] [In reply to Dustin McDaniel] Same question + will TIO be tradeable with other comodities listed under FX Primus ? Jimmy Choo, [14.07.18 00:10] Hello, Jim. My question is : After the exchange has been launched, how is the price movement of TIO in the future? S Aggarwal, [14.07.18 00:10] Are u also acuiring one for india?? Ro$€, [14.07.18 00:10] I want to ask when can we have the new Roadmap? S Aggarwal, [14.07.18 00:11] [In reply to S Aggarwal] @JimPreissler Scarlet ~ trade.io Admin, [14.07.18 00:11] Lets hold until Jim clears these questions. Jim Preissler, [14.07.18 00:12] [In reply to Jimmy Choo] you tell me Ro$€, [14.07.18 00:12] [In reply to Jim Preissler] :)) Jim Preissler, [14.07.18 00:12] [In reply to S Aggarwal] India is unclear as to regulations right now Jim Preissler, [14.07.18 00:12] [In reply to Ro$€] After exchange and LP launches Le Tai, [14.07.18 00:13] When exchange platform support fiat? Thank you Jim Preissler, [14.07.18 00:13] [In reply to HODL Droid] @biggiepaul will get back to you S Aggarwal, [14.07.18 00:14] [In reply to S Aggarwal] @JimPreissler please answer this as well Jimmy Choo, [14.07.18 00:14] [In reply to Jim Preissler] Do you not have any estimation for it? Jim Preissler, [14.07.18 00:14] [In reply to Le Tai] soon, there is no regulatory issue, just want to scale into features Paul Johnson -trade.io, [14.07.18 00:14] [In reply to HODL Droid] Most likely not, as its a crytpo asset so it will be traded against other cryptos. Ro$€, [14.07.18 00:15] [In reply to Jim Preissler] Can you clearer on that? Will we have connect with bank account, convert directly into fiat? S Aggarwal, [14.07.18 00:15] @JimPreissler what is the ETA for decentralised exchange?? Hai Nguyen, [14.07.18 00:15] Hi Jim, could you tell me when LP will full launch? After 30 days of exchange? And the profit of LP will count from the 1st day of exchange launch? Morbidus, [14.07.18 00:16] Will Trade.io move to comply with the SEC and other regulatory bodies worldwide as they ask for information on customer protections, etc? TSas, [14.07.18 00:16] [In reply to TSas] Answer pls Jim Paul Johnson -trade.io, [14.07.18 00:16] Guys, kindly hold off on the rapid fire q's, pls let Jim answer one at a time Jim Preissler, [14.07.18 00:16] [In reply to Hai Nguyen] profit starts immediately, LP will launch after 30 days Hai Nguyen, [14.07.18 00:17] [In reply to Jim Preissler] Full launch or Beta launch? Paul Johnson -trade.io, [14.07.18 00:17] [In reply to Jimmy Choo] Impossible to know, however, we are actively exploring moving TIO to exclusively to be traded on trade.io exchange and delist from other exchanges, for more control over price manipulation. Jim Preissler, [14.07.18 00:17] [In reply to Morbidus] Already started, meetings already happening. We will do what we can to eliminate insider trading, wash trading, bots, fake volumes, all the bad things that hurt customers and plague other exchnges Paul Johnson -trade.io, [14.07.18 00:18] [In reply to S Aggarwal] There is no ETA at this time, we're fully focused on making sure we have a flawless centralized exchange and execute on the liquidity pool. Jim Preissler, [14.07.18 00:18] [In reply to Hai Nguyen] there is no more beta, full launch is next week Dustin McDaniel, [14.07.18 00:18] [In reply to Jim Preissler] ???? Hai Nguyen, [14.07.18 00:19] [In reply to Jim Preissler] I mean the about the LP Morbidus, [14.07.18 00:19] [In reply to Jim Preissler] great thanks Crypto Bling, [14.07.18 00:19] [In reply to Jim Preissler] Sweet???? Tommy Vu, [14.07.18 00:19] [In reply to Jim Preissler] ?????? Jim Preissler, [14.07.18 00:19] [In reply to Hai Nguyen] profits start accumulating next week Ro$€, [14.07.18 00:19] [In reply to Paul Johnson -trade.io] Whats solution in the future to avoid sth like Bitforex? S Aggarwal, [14.07.18 00:19] @JimPreissler will Tio offer margin trading?? " Not giving away CS, CAS and TIO", [14.07.18 00:19] When 1 tio Zeep, [14.07.18 00:19] how much coin exchange? Jim Preissler, [14.07.18 00:19] [In reply to Ro$€] they picked us up on their own S Aggarwal, [14.07.18 00:20] And What about futures and options (F&O)[email protected] Jim Preissler, [14.07.18 00:20] [In reply to S Aggarwal] We will, working with risk mgmt to get it structured Paul Johnson -trade.io, [14.07.18 00:20] [In reply to Ro$€] Impossible to prevent a supposed decentralized exchange from listing TIO Jim Preissler, [14.07.18 00:20] [In reply to S Aggarwal] Talking to some vendors specifically about this as possible partners Jimmy Choo, [14.07.18 00:20] [In reply to Paul Johnson -trade.io] Thank you, Jim. Hope exchange is a hit. ?? Paul Johnson -trade.io, [14.07.18 00:21] [In reply to Hai Nguyen] LP not sooner than 1 month following exchange launch Paul Johnson -trade.io, [14.07.18 00:21] [In reply to Jimmy Choo] It will be unlike anything anyone has seen yet. Dustin McDaniel, [14.07.18 00:21] [In reply to Jim Preissler] Maybe question is about the launch only being for 1000 people. Is LP being targeted launching 30 days after July 17th? or after it is fully available unlimited> S Aggarwal, [14.07.18 00:21] @JimPreissler will Tio have algo trading?? Zeep, [14.07.18 00:21] jim. how much coin exchange? Jim Preissler, [14.07.18 00:22] [In reply to Dustin McDaniel] the limitation to 1000 is not really for technology reasons, its more to allow customer support to get feet under them before we pummel them Hiro S, [14.07.18 00:22] Jim, I know this a tough one, but there is a lot of specuative thoughts around what LP will share when it starts, and I saw way too optimistic, in my view. Today, the expectation of nothing will be distributed on the first month and lots will be distributed that will make TIO moon are two events of equal probability, at least for me. Can give us a better directions that any of this outcome is not a 50/50 probability? Or being more direct, how much can we expect from LP daily payouts in the first month? Nothing at all? Something more than current airdrops program? Or much more than current airdrops? thank you. Jim Preissler, [14.07.18 00:22] [In reply to S Aggarwal] talking to a partner on that currently as well Hai Nguyen, [14.07.18 00:22] [In reply to Jim Preissler] I mean which version of LP will launch after 30 days of exchange full launch? Beta version LP or full version LP? I see the new road map on trade.io website, it has beta LP. Paul Johnson -trade.io, [14.07.18 00:23] [In reply to Hai Nguyen] there is only a full version of LP, there is no beta version of LP Zeep, [14.07.18 00:23] jim. how much coin list on exchange? Dustin McDaniel, [14.07.18 00:23] [In reply to Jim Preissler] Fantastic S Aggarwal, [14.07.18 00:23] @JimPreissler just a confirmation that u have wavied trading fee but we will get other income like spread in lp for 17 july to 17 aug (30 days after launch)?? Crypto Bling, [14.07.18 00:23] [In reply to Jim Preissler] Nice???? Jim Preissler, [14.07.18 00:23] [In reply to Hiro S] The exchange needs to ramp and generate volume, then the LP will have meaningful distributions Grimlock, [14.07.18 00:24] [In reply to Paul Johnson -trade.io] not sooner or not later? Hai Nguyen, [14.07.18 00:24] [In reply to Paul Johnson -trade.io] ??, thank you. Paul Johnson -trade.io, [14.07.18 00:24] [In reply to Dustin McDaniel] Note, that its 1K on Day 1, looking to open up to many thousands, within only a few days following launch Jim Preissler, [14.07.18 00:24] [In reply to Zeep] depends on volume and user base of the coin. send details to [[email protected]](mailto:[email protected]) TSas, [14.07.18 00:24] Jim, what are the plans with FX Primus? Paul Johnson -trade.io, [14.07.18 00:25] [In reply to TSas] Hey Tsas, i can help with that one. Jim Preissler, [14.07.18 00:25] [In reply to S Aggarwal] correct, only trading fee waived initially Paul Johnson -trade.io, [14.07.18 00:25] [In reply to TSas] The current initiative with FXP, is to accept TIO as a deposit method, then eventually allow TIO to be traded on the platform. Ro$€, [14.07.18 00:25] Which users will have profit from LP in the first 2 months? Only the first 1000? Any new formula to calculate S Aggarwal, [14.07.18 00:26] [In reply to Jim Preissler] Thanks for confirmation Paul Johnson -trade.io, [14.07.18 00:26] [In reply to Grimlock] Definitely not sooner, and might be later. Dustin McDaniel, [14.07.18 00:26] [In reply to Paul Johnson -trade.io] Thank you, now knowing that is is limited release based mainly to help support team, it is a lot clearer.. Gives assurance that team is confident on the technology side TSas, [14.07.18 00:26] [In reply to Paul Johnson -trade.io] ?? thanks Paul Johnson -trade.io, [14.07.18 00:26] [In reply to Paul Johnson -trade.io] No worries though, as revenue generated will be calculated from Day 1 of the launch Jim Preissler, [14.07.18 00:27] Obviously, the success of the LP is directly tied to success of exchange Grimlock, [14.07.18 00:27] [In reply to Jim Preissler] and vice versa i suppose Jim Preissler, [14.07.18 00:27] [In reply to Dustin McDaniel] People harder to scale then tech Paul Johnson -trade.io, [14.07.18 00:27] [In reply to Dustin McDaniel] Correct, there is no level of training that can prepare support/finance, etc. once live users come through the door. This is not our first rodeo with running brokerages, so we understand its a completely different ballgame once the bright lights are on. S Aggarwal, [14.07.18 00:28] @JimPreissler will there be something which tells the days profit with its details for transperancy before lp launch? Dustin McDaniel, [14.07.18 00:28] [In reply to Paul Johnson -trade.io] so, revenue generated to this point, through ICO consultancy, etc... is not included in LP? Only what is generated after exchange launch? S Aggarwal, [14.07.18 00:28] [In reply to Dustin McDaniel] They said eariler it will be included Ro$€, [14.07.18 00:28] [In reply to Dustin McDaniel] As i remember, it is included Jim Preissler, [14.07.18 00:28] [In reply to S Aggarwal] There will be a LP distribution amount widget, but not promising that before LP launch Paul Johnson -trade.io, [14.07.18 00:29] [In reply to Dustin McDaniel] I stand corrected, you're correct, ICO consultancy rev's will be included regardless when exchange launches. Jim Preissler, [14.07.18 00:29] [In reply to Dustin McDaniel] its included Dustin McDaniel, [14.07.18 00:29] You guys ROCK!! Crypto Bling, [14.07.18 00:29] [In reply to Dustin McDaniel] +1 Grimlock, [14.07.18 00:29] ???????????????????????????? Ro$€, [14.07.18 00:29] Which users will get it and how? Tommy Vu, [14.07.18 00:30] [In reply to Crypto Bling] ?? Jimmy Choo, [14.07.18 00:30] [In reply to Dustin McDaniel] +10 Paul Johnson -trade.io, [14.07.18 00:30] [In reply to Crypto Bling] [ Photo ] S Aggarwal, [14.07.18 00:30] Is there any hardware wallet also as a gift from selfkey partnership?? S Aggarwal, [14.07.18 00:30] Like airdrop Jim Preissler, [14.07.18 00:30] [In reply to S Aggarwal] ? not sure of Q Ro$€, [14.07.18 00:31] My question pls Jim Hai Nguyen, [14.07.18 00:31] How is about Blossom wallet? Ro$€, [14.07.18 00:31] [In reply to Ro$€] .. S Aggarwal, [14.07.18 00:32] Can u please tell security measures taken for exchange... As these days many exchanges are being hacked even the so called best exchange i.e. binance , bancor etc Jim Preissler, [14.07.18 00:32] [In reply to Hai Nguyen] That wallet is under development, which makes it easier to participate in ICOs, have KYC, etc. Dustin McDaniel, [14.07.18 00:32] [In reply to S Aggarwal] And on that note.... Are there plans to provide insurance against hacking? If wallets get hacked is it guaranteed that owners will get all their tokens back? One suggestion is that part of the undistributed funds from the LP (due to tiers with percentages less than 100%) can be used to offer such insurance, If unnecessary...if not, could be retained by the company …Security is obviously of the utmost importance especially if trade.io is targeting institutional investors. This insurance would bring extra peace of mind. Johnson, [14.07.18 00:33] Jim, what measures will be taken to boost the trading volume of TIO token after launch of exchange. With liquidity pool, I think the volume might be very low as it is today DeviLpaL ~ trade.io Moderator, [14.07.18 00:33] Hold on guys. Let jim answer Q one by one Hiro S, [14.07.18 00:33] There was some thoughts that running costs would eat up the revenues that was already generated from consultancy arm that would left very few to be distributed. COuld you tell us this is not the case? And in general, costs to be subracted from LP is only direct costs that affects it, could you confirm that as well? thank you. Jim Preissler, [14.07.18 00:33] [In reply to S Aggarwal] We have inhouse, outside team, cloudflare, fireeye, etc. S Aggarwal, [14.07.18 00:34] [In reply to Dustin McDaniel] I think the undistributed profit (as for those having less than 100%) will add to profit of next day Grimlock, [14.07.18 00:34] [In reply to Jim Preissler] the important question is still: in case of any hacking, are we guaranteed our tokens back? Paul Johnson -trade.io, [14.07.18 00:34] [In reply to Jim Preissler] To elaborate, virtually all client assets are kept in cold storage as well. Jim Preissler, [14.07.18 00:34] [In reply to Dustin McDaniel] We are lookng for ans on that, so I like the suggestion. Nothing definative yet Dustin McDaniel, [14.07.18 00:35] [In reply to S Aggarwal] I believe any undistributed for the day would be retained daily Ro$€, [14.07.18 00:35] [In reply to Grimlock] Agree, noone can say i am unhackable Dustin McDaniel, [14.07.18 00:36] [In reply to Jim Preissler] Thank you Paul Johnson -trade.io, [14.07.18 00:36] [In reply to Ro$€] There is no company in the universe that is "unhackable" DeviLpaL ~ trade.io Moderator, [14.07.18 00:36] Ro$€: Which users will have profit from LP in the first 2 months? Only the first 1000? Any new formula to calculate Jim Preissler, [14.07.18 00:36] [In reply to Johnson] if you look at the token economics of TIO, it is deisgned to be more like a berkshire hathaway than a high volume penny stock. The goal is to drive value, not volume. The more value we create, and with low float, this will be good for price S Aggarwal, [14.07.18 00:37] [In reply to Dustin McDaniel] At the end what to do with it ...it will keep on accumulating .... Better to distribute Jim Preissler, [14.07.18 00:37] [In reply to Paul Johnson -trade.io] We are not skimping in any areas or security, it is a high priority S Aggarwal, [14.07.18 00:38] [In reply to S Aggarwal] I think jim should clarify on this Ray Zhang, [14.07.18 00:38] Any news about the license? Ro$€, [14.07.18 00:38] [In reply to Grimlock] I would like to ask what the solution if that ever happens. For sure, i dont want it :) but i want to know S Aggarwal, [14.07.18 00:38] Do we have any security feature like bnt had to freeze [email protected] Jim Preissler, [14.07.18 00:39] [In reply to S Aggarwal] what was the orig Q again :) Hiro S, [14.07.18 00:39] [In reply to Jim Preissler] I definitely like that. ;) S Aggarwal, [14.07.18 00:40] [In reply to Jim Preissler] The question is that... What will happen to the undistributed profit due to people having less than 100% profit share in lp?? S Aggarwal, [14.07.18 00:40] [In reply to S Aggarwal] @Guitarplyr Dustin McDaniel, [14.07.18 00:40] [In reply to Jim Preissler] concerning undistributed LP profits, they do not roll over, correct? Retained daily by the company? Soroush, [14.07.18 00:41] Talking about licenses, Jim, can you tell us which one is your top priority? US, Swiss, FX? Hiro S, [14.07.18 00:41] [In reply to Jim Preissler] I simpatize with this “insurance” would be also a nice promo tool on top of all top security measures and if security play its roles it will be an asset that company will have anyway. Jim Preissler, [14.07.18 00:41] [In reply to Ro$€] We will xplore insurance and other things, but same ans for all of crypto, there is nothing like FDIC yet Dustin McDaniel, [14.07.18 00:41] [In reply to Dustin McDaniel] Or put into seperate fund, to provide insurance, buy back and burn programs, etc... :) Jim Preissler, [14.07.18 00:42] [In reply to S Aggarwal] cover down days is the main use Jim Preissler, [14.07.18 00:42] [In reply to Dustin McDaniel] those can all be considered Jim Preissler, [14.07.18 00:43] [In reply to Soroush] scroll up a bit S Aggarwal, [14.07.18 00:43] [In reply to Dustin McDaniel] This will be nice i think first to set aside 10%profit for buy and burn Tio and to distribute 50-50 (i.e. 45% of total ) to mgt and lp S Aggarwal, [14.07.18 00:43] @JimPreissler Dustin McDaniel, [14.07.18 00:43] [In reply to Jim Preissler] Its why I love this company, project, and vision so much Ro$€, [14.07.18 00:43] [In reply to Soroush] U r bit late buddy Hiro S, [14.07.18 00:45] [In reply to Hiro S] @JimPreissler can u comment on this pls. I think if LP is able to share good profits on first days that would be good marketing and this may possible because of accumulated revenues. samy101, [14.07.18 00:45] This is promising and time to buy more Tio’s. Jim Preissler, [14.07.18 00:45] [In reply to S Aggarwal] too early to be planning or discussing buybacks at this point, most don't fully understand the long term ramifications of this anyway. Most crypto doing this haven't thought it all the way through, but that is discussion for another day Den, [14.07.18 00:46] Hello guys, hi Jim! Got a question about negative days for LP. I don't really understand how it can be, exchange should stop trading and other revenue streams should be off for that day? Oliver, [14.07.18 00:46] Are you guys familiar with Ian Balina? He was hinting to an exchange partnership in his last video. The company will sponsor his world tour and meetup. It is not binance so I was hoping it could be TIO haha Oliver, [14.07.18 00:46] *that's for Jim or BD Johnson, [14.07.18 00:46] Jim, regarding trading TIO on competitors exchange. Are there plan to get TIO de-listed from other centralized exchange? This is necessary to avoid price manipulation. Also, is it possible that these exchange refuse to de-list TIO when you request? Ro$€, [14.07.18 00:47] [In reply to Johnson] Thats answered, up buddy Jim Preissler, [14.07.18 00:47] [In reply to Den] There is risk making markets and providing liquidity Jim Preissler, [14.07.18 00:48] [In reply to Johnson] They could refuse S Aggarwal, [14.07.18 00:48] [In reply to Oliver] +1 S Aggarwal, [14.07.18 00:49] @JimPreissler is that exchange he is saying TIO Hugo Cruz, [14.07.18 00:49] What r the rewards for someone the buys TIO now before launch of exchange? S Aggarwal, [14.07.18 00:49] [In reply to Hugo Cruz] Capital gains Scarlet ~ trade.io Admin, [14.07.18 00:49] [In reply to Hugo Cruz] Capital appreciation. S Aggarwal, [14.07.18 00:49] [In reply to Scarlet ~ trade.io Admin] U are late S Aggarwal, [14.07.18 00:49] Haha Scarlet ~ trade.io Admin, [14.07.18 00:50] I know.. Hugo Cruz, [14.07.18 00:50] [In reply to S Aggarwal] Thats wut they said when bitcoin was 20k. Ro$€, [14.07.18 00:50] [In reply to DeviLpaL ~ trade.io Moderator] One more time Jim :) Q still Scarlet ~ trade.io Admin, [14.07.18 00:51] [In reply to Hugo Cruz] 30 cents vs 20k, c'mon man. Jim Preissler, [14.07.18 00:51] [In reply to Oliver] I am going to find that Bitconnect guy! BITTTCOONNNEECTTT! S Aggarwal, [14.07.18 00:51] [In reply to Johnson] @JimPreissler please answer this Oliver, [14.07.18 00:51] [In reply to Jim Preissler] hahahaha Jim Preissler, [14.07.18 00:51] [In reply to Ro$€] We are only limiting to 1000 until customer service, and any other issues are under control Leo Elias, [14.07.18 00:52] [In reply to Jim Preissler] [ ?? Sticker ] Dmitry K, [14.07.18 00:52] [In reply to Jim Preissler] [ GIF ] Dustin McDaniel, [14.07.18 00:52] Are MEW or other wallets going to be integrated in such a way as to make it possible to be able to participate in the LP without having them on the exchange? If this is actually possible that is. Will Private Keys be made available to the holders of the wallets in trade.io? Dustin McDaniel, [14.07.18 00:52] [In reply to Jim Preissler] ?????? Oliver, [14.07.18 00:52] [ GIF ] Jim Preissler, [14.07.18 00:53] [In reply to Johnson] yes, we will try to pull down elsewhere. no guarantees they will do it though S Aggarwal, [14.07.18 00:53] [In reply to Dustin McDaniel] It will make no sense for company. To share profit withour using assets Ro$€, [14.07.18 00:53] [In reply to Jim Preissler] That was cleared up, but how to distribute the LP profits from Ico, which custumers? Or we need the formular till LP launched? Dustin McDaniel, [14.07.18 00:54] [In reply to S Aggarwal] Asking mainly for other community members who are looking for answers from managment S Aggarwal, [14.07.18 00:54] [In reply to Dustin McDaniel] Np Jim Preissler, [14.07.18 00:55] [In reply to Dustin McDaniel] yeah, also not sure on security on that as well. May be part of hybrid DEX solution Jim Preissler, [14.07.18 00:56] [In reply to S Aggarwal] And transaction fees would be high, since every transaction would be recorded on BC, cant really use ledger. Not ideal overall Dustin McDaniel, [14.07.18 00:56] Couple more questions from community members... Are there any updates on the Angel Investors Program? What roles do Kosmos, Plutus VC and Blockway Capital play in the Angels Investors Program? Dustin McDaniel, [14.07.18 00:56] [In reply to Jim Preissler] Thank you for those answers Jim Preissler, [14.07.18 00:57] [In reply to Dustin McDaniel] We are sending them deals to look at where they know we already did KYC, took a first pass, etc. They are also bring us deals to look at as well Jim Preissler, [14.07.18 00:58] couple more minutes, then going to lunch! S Aggarwal, [14.07.18 00:58] Will Tio place there own buy and sell orders toaintain liquidity?? Grimlock, [14.07.18 00:58] [In reply to Jim Preissler] one last question from me, Grimlock, [14.07.18 00:58] are you confident that we are all going to the moon? Grimlock, [14.07.18 00:59] ?? Dustin McDaniel, [14.07.18 00:59] [In reply to Grimlock] ?????? Satish, [14.07.18 00:59] ???????? S Aggarwal, [14.07.18 00:59] [In reply to S Aggarwal] @JimPreissler Jim Preissler, [14.07.18 00:59] [In reply to Grimlock] how much trading are you going to do :) Hiro S, [14.07.18 01:00] [In reply to Hiro S] @JimPreissler can comment on that pls, thank you. Soroush, [14.07.18 01:00] Jim, will we have any kind of voting system for new coin listings? Can you tell us anything about your plans on how new listings will be done? Would TIO owners have any privileges over others? Jim Preissler, [14.07.18 01:00] [In reply to S Aggarwal] We will keep risk low initially, but over time us and outside (insitutional) providers will be doing this Grimlock, [14.07.18 01:00] [In reply to Jim Preissler] am just going to hold. buckle up and sit tight. is that alright with you? S Aggarwal, [14.07.18 01:00] [In reply to Jim Preissler] Very less ... As i am all in in TIO and now dont have any penny to trade Jim Preissler, [14.07.18 01:01] [In reply to Hiro S] You mean operations??? No that is covered from our 50% Dustin McDaniel, [14.07.18 01:01] Any fear that the initial 1000 will be doing no trading since they are loyal TIO holders, and all-in already? ?????? S Aggarwal, [14.07.18 01:02] [In reply to Dustin McDaniel] Yes???? S Aggarwal, [14.07.18 01:02] [In reply to S Aggarwal] . Hiro S, [14.07.18 01:02] [In reply to Jim Preissler] ok, it is clearer now. thank you. Jim Preissler, [14.07.18 01:02] [In reply to Dustin McDaniel] then we add more Leo Elias, [14.07.18 01:03] Uscitizen when ? Jim Preissler, [14.07.18 01:03] [In reply to Hiro S] An "expenese" would be an affiliate commission or something like that, not operations Jim Preissler, [14.07.18 01:04] [In reply to Soroush] we are not looking to limit coins by any means, just need a controlled process to roll them out Hiro S, [14.07.18 01:04] [In reply to Jim Preissler] understand even better now. :) S Aggarwal, [14.07.18 01:04] [In reply to Jim Preissler] Good... So approx how many coins before lp launch?? Jim Preissler, [14.07.18 01:04] [In reply to Leo Elias] hopefully soon, been talking to FINRA and SEC Jim Preissler, [14.07.18 01:05] [In reply to S Aggarwal] We will get to EOS and XRP pretty soon :) S Aggarwal, [14.07.18 01:05] Haha S Aggarwal, [14.07.18 01:06] [In reply to Jim Preissler] I want others too as have economic interest via lp Jali, [14.07.18 01:06] [Forwarded from .] Ok Tnx Got it Leo Elias, [14.07.18 01:06] [In reply to Jim Preissler] [ ?? Sticker ] Dustin McDaniel, [14.07.18 01:06] [In reply to Jim Preissler] ???? Johnson, [14.07.18 01:07] I Missed response on licenses, can someone please repost? S Aggarwal, [14.07.18 01:07] [In reply to S Aggarwal] @JimPreissler any estimate Ro$€, [14.07.18 01:08] Any plan that we can store Tio in hardware wallet like Ledge Nano? Jim Preissler, [14.07.18 01:08] [In reply to S Aggarwal] ERC20 - we are looking at rolling out maybe 200 as soon as possible, but priority is on listing clients and ICO clients Dustin McDaniel, [14.07.18 01:08] [In reply to Johnson] Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well S Aggarwal, [14.07.18 01:08] [In reply to Jim Preissler] K Jim Preissler, [14.07.18 01:08] [In reply to S Aggarwal] And for you, EOS and XRP S Aggarwal, [14.07.18 01:09] [In reply to Jim Preissler] Thanks trade.io, [14.07.18 01:09] [In reply to Johnson] I'll PM you Soroush, [14.07.18 01:09] [In reply to Jim Preissler] Consider Tezos too plz, right now they only have two low-key exchanges available with high fees Jim Preissler, [14.07.18 01:09] [In reply to Soroush] sure Jim Preissler, [14.07.18 01:09] Maybe they can pay us to list them :) Jack, [14.07.18 01:10] hi Jim, which kind of wallet we are using after exchange go live? Jim Preissler, [14.07.18 01:10] OK, I have a hot lunch date with my 5 year old. I will be back on here in a bit. Thanks everyone!!! Jack, [14.07.18 01:10] cos Blossom is under development Hiro S, [14.07.18 01:11] Thank you Jim, very quality AMA! trade.io, [14.07.18 01:11] Thanks Jim! S Aggarwal, [14.07.18 01:11] Thanks jim for ama @JimPreissler Johnson, [14.07.18 01:11] Thanks Jim! Enjoy your lunch Ro$€, [14.07.18 01:12] Thank you Grimlock, [14.07.18 01:12] ok guys, AMA is over. Time to load up your TIO bags and check in! Jack, [14.07.18 01:12] [In reply to Jack] hi @Trade_IO, could you answer this? trade.io, [14.07.18 01:13] For your Q's please drop Admins a PM. We will collect your Q's and forward it to Jim. The AMA with Jim will also be uploaded on our Reddit page. Thank you! ???, [14.07.18 01:13] Jim,I strongly recommend that you develop app!! Paul Johnson -trade.io, [14.07.18 01:13] Thanks Jim, Admin, and of course the TIOnauts...great dialogue as usual
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