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Report: #1161803

Complaint Review: Cryptory.com - Internet

  • Submitted:
  • Updated:
  • Reported By: DiracDrynx — Delaware
  • Author Not Confirmed What's this?
  • Why?
  • Cryptory.com Internet USA

Cryptory.com Dublin Cryptomium, Ltd. Ponzi scheme masquerading as Bitcoin mining operation Dublin, Ireland Internet

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Unfortunately, I fell for the promise of "investing" money in Bitcoin mining at Cryptory.com, and deposited the minimum 0.1 btc to open an "active account".  It was only a few minutes after my transaction went through that I discovered the thread below that exposes Cryptory.com as a Ponzi scheme, HYIP, or whatever you want to call it:

https://bitcointa.lk/threads/cryptory-maximize-your-earning-potential-with-cryptory.322252/page-26#post-7381165

I attempted to withdraw my 0.1 btc immediately after depositing it, only to find the following message: 

"Technical maintenance: Bitcoin 'Withdrawal Funds' transactions are processed manually. The issue will be resolved ASAP. Thank you for your patience!"

I chatted online with their "tech support" about this, and the agent claimed that their btc payout system has been "compromised", that they are working on a "security patch" and that they have a lot of transactions to process manually.

After reading the thread above I don't believe a word of it.  This is a Ponzi scheme plain and simple.  Have the following as evidence:

The registered address for Cryptory is: 3rd Floor, Digital Court, 7 Rainsford Street, Dublin 8.  Google Street View for that address shows the decaying wall of a brick building.

Cryptory's toll-free phone number listed prominently on their website, 1(888)297-3497 is disconnected.

According to the thread listed above, Dublin Cryptorium Limited was set up on Mon the 21st of Jan 2013 in Dublin 8. The company's current directors Deborah Delaney and Brendan Delaney have been the director of 4,859 other Irish companies between them, 1,983 of which are now closed.

I have been waiting several days for a refund and apparently am not alone.  A quick glance at their Facebook page shows several angry customers complaining.  Because I called them out on their Facebook page as a scam they removed my comments from their Facebook page and banned me from posting there:

https://www.facebook.com/cryptory

I have also exposed Cryptory on this forum:

https://bitcointalk.org/index.php?topic=686848.0

This report was posted on Ripoff Report on 07/14/2014 06:01 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cryptorycom/internet/cryptorycom-dublin-cryptomium-ltd-ponzi-scheme-masquerading-as-bitcoin-mining-operatio-1161803. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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