NEOBEE transfer : Bitcoin

Whatever happened to the NeoBee scammer? What ever happened to Cryptsy scam? Why nobody talking about BTC-e / Wex being offline for months? Lets not make it easy for these frauds, reminders are necessary, MtGox was not the only disaster! /r/Bitcoin

Whatever happened to the NeoBee scammer? What ever happened to Cryptsy scam? Why nobody talking about BTC-e / Wex being offline for months? Lets not make it easy for these frauds, reminders are necessary, MtGox was not the only disaster! /Bitcoin submitted by cryptoanalyticabot to cryptoall [link] [comments]

Whatever happened to the NeoBee scammer? What ever happened to Cryptsy scam? Why nobody talking about BTC-e / Wex being offline for months? Lets not make it easy for these frauds, reminders are necessary, MtGox was not the only disaster! /r/Bitcoin

Whatever happened to the NeoBee scammer? What ever happened to Cryptsy scam? Why nobody talking about BTC-e / Wex being offline for months? Lets not make it easy for these frauds, reminders are necessary, MtGox was not the only disaster! /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

New IPO on Bitfunder: NEOBEE, a Cyprus bank that allows users to deposit money and have the money 100% backed by Bitcoin, thus providing an alternative to fractional reserve banking!

New IPO on Bitfunder: NEOBEE, a Cyprus bank that allows users to deposit money and have the money 100% backed by Bitcoin, thus providing an alternative to fractional reserve banking! submitted by accountt1234 to Bitcoin [link] [comments]

NeoBee, remember them? Token Redemption notice came to my HavlockInvestments email address. /r/Bitcoin

NeoBee, remember them? Token Redemption notice came to my HavlockInvestments email address. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

NEOBEE, 1st bitcoin bank in Cyprus?

They try to raise 24'000 bitcoins. Anyone else think that this adventure will not end well? I really like bitcoin but I cannot imagine how they can succeed even if they manage to raise the money they need.
submitted by lluboski to Bitcoin [link] [comments]

Any news?

Are we realistically going to get back anything of what we lost? Like, are there really assets frozen in the bankruptcy that would amount to more than 1% of what creditors are 'owed'?
submitted by playseek to neobee [link] [comments]

First "Bitcoin Bank" opened in Cyprus today
submitted by orisma to BitcoinMarkets [link] [comments]

Neo & Bee's CYPRUS payment method integrates with bitcoin. They have aggressive European expansion plans.

check it out @ Havelock investments
also on youtube 'neo and bee' check out their video, pretty snazzy stuff!
submitted by benjaminsdad to Bitcoin [link] [comments]

Bitcoin advertisment on Cyprus Air

Bitcoin advertisment on Cyprus Air submitted by oneguynick to Bitcoin [link] [comments]

Havelock Investments halts trading for Neo & Bee

submitted by PawnShop804 to Bitcoin [link] [comments]

28,000 Places to Buy Bitcoin for Cash in the UK - ZipZap [X-post from /r/bitcoin]
11 new places to buy bitcoin for me that are only a 5 minute walk away!
submitted by Mailliam to BitcoinMarkets [link] [comments]

New Neo & Bee prospectus to be released on Monday, 17th of March 2014

submitted by lolstate to Bitcoin [link] [comments]

New prospectus released

submitted by Helvetian616 to neobee [link] [comments]

Was excited to see how my great new adventure was going.

Was excited to see how my great new adventure was going. submitted by ricoking to Bitcoin [link] [comments]


This is a reconstruction of the events that took place from the 17th of March up to the 18th of April 2014, surrounding the collapse of Neo & Bee (N&B). Within one month N&B, initially believed by many to be a promising bitcoin start up, vanished from the surface of the earth with its CEO still being on the hide with an arrest warrant issued for him for serious criminal charges.
The timeline is derived from press reports, N&B announcements, Cypriotic police announcements, posts of Danny Brewster on Reddit and Bitcointalk, the post of N&B management team on Reddit and the subsequent AMA session, tweets by Brewster, tweets and posts on Reddit by Tuur Demeester and Andreas Antonopoulos, and other publicly available sources.
September 2013 - February 2014: Brewster raises, through an IPVO in 3 exchanges, approximately 9,400 BTC for LMB Holdings, a UK “virtual entity”.
September 2013 - March 2014: Brewster spends around 4,400 BTC in setting up N&B in Cyprus amidst one of the most aggressive marketing campaigns ever launched by a bitcoin company, with the motto "Who is Neo?”.
On the 24th of February 2014 N&B opens its first branch in Nicosia Cyprus amidst a lot of enthusiasm, with the share price at Havelock almost doubling the IPVO price.
17th March: 6 months have passed since the publication of the original LMB Prospectus (September 2013) and even though investors were promised quarterly financial statements (copy from prospectus: “Quarterly financial statements will be published across all supported platforms where LMB Holdings shares are available to be purchased”), the company has not published a single financial statement. Investors that inquire about this in Reddit and Bitcointalk as early as December 2013, are always reassured by Brewster (“Cryptocyprus”) that the financial information “will be out very soon”. On March 17th, Brewster tweets that all financial information, projections and appendices "will be released later this week".
18th March: Brewster publishes an Updated LMB Prospectus of LMB (v.2.0) against the advice of his management team because, according to a later statement of them, "a lot of content was incorrect". To the surprise of many, the Updated Prospectus does NOT include any historic financial statements for the first 6 months of operations, nor any financial information or projections. Actually it does not include any “accounting or finance items” whatsoever. In spite of the absence of any finance and accounting numbers, on the same day, Tuur Demeester tweets: “The Neo & Bee prospectus is teaching us about the future of finance, so important reading!”. Apart from the "incorrect content", the prospectus includes misrepresentations such as the presentation of PricewaterhouseCoopers as the auditors of the company – copy from Prospectus: “We are also subjecting ourselves to external auditors for added transparency, we are working with Price Waterhouse Coopers (PwC)”. The Prospectus refers to an “advisory board” whose only member is Antonopoulos. The sole member of the Board of Directors is Danny Brewster as no other board members are revealed.
18th March: Brewster tells a member of the management team "we have 5,000 BTC left".
As from March 18th, Brewster, an active user of social media with daily presence for months, goes completely silent and absent from Reddit, Bitcointalk, Facebook and Twitter.
19th March: The next day Brewster shocks the management team by telling them that the 5,000 BTC have…..overnight become only 140! "Actually I thought we had 5,000, but I have checked the wallet and the coins are not there, I spent them somewhere but I don't remember on what.......we have only 140 coins left. I am going to the UK to find investors. I will send you the 140 coins left and also sell my Mercedes and Bentley and will send you the money to pay the March salaries and the creditors".
20th March: Brewster goes to N&B offices for 1 hour. Management team tells Brewster that they want him to step down from CEO. Brewster agrees to step down after transferring control of the company to “investors”, without these investors being identified.
21st March: Brewster goes to N&B offices for 1 hour and then disappears and remains out of contact with anybody from the management team.
21st - 27th March: The Mercedes is reported sold but the funds from the sale and the 140 N&B coins "travel" together with Brewster to the UK, instead of being sent to the management to cover salaries and creditors as promised. The Bentley is reported to be in a car dealership in Nicosia with changed plates, it is unknown whether it has been sold as well with proceeds being taken by Brewster, or whether it is up for sale.
Rumors start spreading on Reddit and Bitcointalk that N&B collapsed and that Brewster ran away with the investors’ coins, leaving behind unpaid employees and around €1M unpaid creditors.
Many members of the bitcoin community, investors etc., reach out to Brewster on social media asking for clarifications. Brewster is nowhere to be found.
Members of the community post on Reddit and Bitcointalk and tweet Demeester, Antonopoulos and N&B asking what the hell is going on. None of them has a clue and no official announcement is made. Some persons visit the branch and find it closed. Other persons call the company and the reply is “leave your details and we will call you back”.
27th March: With Brewster into the hide the management notes "abnormal trading" on the shares of the company on Havelock and the N&B Compliance Officer sends recommendation to Havelock to stop trading of the shares.
28th March: TAT (ThickAsThieves) terminates his contract as pass-through manager for NeoBee shares on Havelock. Havelock suspends trading of NeoBee shares.
Brewster finally makes a contact with the management and says he received a threat for his daughter on the 26th. However, he cannot explain why he disappeared from all social media since the 18th and from the company since the 21st (!). Also strange is the fact that although he claims that the “threat” was for his daughter, he decides that the best course of action is to leave her in Cyprus and him to go into the hide in the UK (!). Brewster says the threats "have been reported to the relevant authorities".
29th March: Management team contacts Cypriotic Police asking about the threats against Brewster. Police says this is the first time they heard about it and no reporting of any threats has been made.
31st March: With Brewster into the hide, the management sends him a demand letter requesting he returns and give explanations regarding his absence in the face of dire problems with the company
2nd April: Brewster posts on Bitcointalk saying staff might be responsible for the threats and that's why he is out of contact with them.
A new shocking assertion comes to light. Even though Brewster publicly and proudly claimed in the last weeks that he did not lose any coins on Mt.Cox as "the signs were there", in his post on Reddit he now claims that he lost coins on Mt.Cox. He also claims that "all bitcoins (raised in the IPVO) are accounted for". Furthermore, he claims that he doesn’t hold any funds/bitcoins that belong to customers: He writes: "I would like to reiterate that ZERO customer funds are under my control" (“capital letters” in ZERO being his emphasis)
4th April Trading of NeoBee shares on Havelock restarts without an explanation whether this was done by Havelock deciding on their own or under instructions from Brewster.
2nd - 15th April: Brewster’s disappearance continues, all employees resign, the offices and the branch close down, and the N&B brand becomes a joke in Cyprus with the media making derisive and derogatory comments "Where is Neo?" (paraphrasing the motto of the marketing campaign "Who is Neo?"). Brewster remains on the hide until news break out that an arrest warrant has been issued by the Cypriotic Police. Police says that Brewster is wanted for criminal charges including theft, forgery, counterfeiting and money laundering and for taking customers' and employees' coins and running away
15th April: Brewster posts for the second time on Reddit saying that although there is an arrest warrant for serious criminal charges he doesn't plan to return to Cyprus soon because he has to...attend a funeral in the UK (!), and that he can clear out all criminal charges whilst being in the UK. Also, in his post on Reddit, he instructs the Cypriotic Police to...pick up their phones and their emails because he calls and emails them for days, and nobody cares to answer him (!). He also hints that “The manner in which the investigations are being carried out are concerning”, implying that the police might have set him up. He admits publicly that even though a threat was made against his daughter, he actually left her in Cyprus and he went into hiding in the UK. Even though on his posting on Bitcointalk on 2 April he reiterated that “ZERO customer funds are under my control", he now admits that he does, in fact, hold the coins of several customers and instructs the customers via the posting on Reddit “to provide me with their addresses so I can arrange for the bitcoins to be sent to them”. In this post a new shocking assertion is now made by Brewster, as he now presents a new excuse for the "lost coins". He now claims that he had sold all company coins that were at his disposal on the date Silk Road was busted (2 October 2013) at low prices and that's why he is now insolvent!
16th April: Official Spokesman of Cypriotic Police says the investigations against Brewster are "in an advanced stage" and does not rule out the issuance of a European or even an International arrest warrant.
18th April: Ex-senior N&B management team posts a detailed statement on Reddit saying "it is appropriate and justified to make the following statement regarding the mistruths and outright lies being fed by Brewster to investors, creditors and the public". Team says that there was never any accountability by Brewster about the money raised in the IPVO, in spite of repeated attempts by CFO and Compliance Officer to extract information from him. Even though Brewster claimed that "every coin can be accounted for", the CFO and the management team say that several thousands of coins "cannot be accounted for". CFO hasn't got a clue about what happened and around 5,000 coins are missing. Brewster said he had them on the 18th but “were lost” on the 19th of March. Later he claimed that they were all sold on 2 October 2013. Management also reveals that there have never been any financial reports or financial statements that were promised on several occasions by Brewster to the investors (in the original prospectus, in the updated prospectus and in social media). Management also reveals that in the prospectus issued on March 18th by Brewster against their advice, "a lot of content was incorrect" and included misrepresentations such as presenting PricewaterhouseCoopers as the auditors of the company. Management also reveals that Brewster took away with him customers' as well as employees' coins, even though Brewster claimed that "ZERO customer funds are under my control".
Tuur Demeester posts on Reddit admitting that “things have taken a dramatic turn for investors and employees with N&B. The gist of it is that CEO Danny Brewster has disappeared, and with him apparently thousands of bitcoins from investors”. Andreas Antonopoulos posts on Reddit stating that “I was as surprised and bewildered by these events…dismayed that another bitcoin company had imploded amidst allegations of fraud and leaving many investors, creditors and employees with serious losses…all of whom betrayed by Danny”.
N&B has collapsed, with thousands of coins missing and unaccounted for. It is revealed that after 6-7 months of operations the company didn’t manage to come up with any product, had zero revenue, and never produced any type of financial statements.
The CEO is still in the hide and wanted by the Cypriotic Police.
submitted by NBFullPicture to Bitcoin [link] [comments]

First Bitcoin Bank May Launch in Australia

First Bitcoin Bank May Launch in Australia submitted by BTCNews to Bitcoin [link] [comments]

I am the CEO of Neo & The Bee Payment Network in Cyprus, AMA

I am Danny Brewster the CEO of both Neo & The Bee Payment Network, ask me anything.
Neo is opening brick and mortar branches around the island of Cyprus to provide the most convenient way to access Bitcoin, we also host our own simplified wallet service that ensures our customers can utilize our services using methods they are already accustomed too. We have addressed the main barriers between Bitcoin and mass adoption.
The Bee Payment Network is our own card payment network, merchants will be provided with EMV Chip & Pin POS terminals and access to an online payment gateway to ensure our Neo customers and traveling Bitcoiners have the ability to use spend their Bitcoin around the island.
The full thread on bitcointalk is here.
Our Prospectus
A Spreadsheet that demonstrates the effects of volatility on our operations, it has the April crash rates predetermined to show that we would still be in business if we started our operations at the top of the bubble.
Our IPVO goes live today (Friday September 20th) at 1PM EST (5PM UTC) on BitFunder with a pass through on both BTCT and Havelock.
UPDATE - I have been called out to a meeting, so I shall answer any further questions in roughly 2 hours when I can get back behind my desk.
submitted by cryptocyprus to Bitcoin [link] [comments]


The more I lurk on Buttcoin the more confused I become. Why are Butters so Anti ButtLite? So Buttlite is in the single digits - doesn't any one of these Buttcoin spin offs have a chance of making it? All this shit is pumped up on Buttcoin but Buttlite won't work?. Aren't they kind of the same shit from a different Butt? When Butters take a dump on Buttlite aren't they kind of pointing out the same flaws as de original Butt?
submitted by stateofloveantrust to Buttcoin [link] [comments]

How to purchase Neo & Bee shares?

I am a little bit confused. I read that the first 6 million shares would cost 0.0035 bitcoin per share, but the current price on is higher, and the first 6 million shares have not been sold yet?
And I read something about fees on havelockinvestments.
It says that the minimum fee for transfers is 0.2 bitcoins. This is a huge fee in my opinion. But I am probably not reading it correct.
Let's say I want to purchase 100 shares, do I pay the 0.2 bitcoin fee? And what if I sell the 100 shares, do I have to pay the 0.2 bitcoin fee again?
submitted by Longtimebtclurker to Bitcoin [link] [comments]

Political climate in Cyprus as it pertains to BitCoin

Hello Reddit, this is my first post of hopefully many on this forum. I am a Bitcoin investor and have recently purchased some shares of NEOBEE, which I view as a very promising enterprise with a unique business model in an extremely unique (and volatile) environment. I would like to get some input/opinion as to the political climate in Cyprus as it relates to serious investment in Bitcoin or possibly the country becoming a hub for crypto-currency. Here are some points of consideration to get this started:
  1. Cyprus is a member of the European Union (2004) and thus somewhat subject to the whims of the European Central Bank.
  2. Cyprus' economy has been greatly affected by the bail outs/bail ins related to the sovereign debt crisis / austerity measures / economic relations with the Greek economy.
  3. There are political tensions that exist between ethnic Greek and Turkish Cypriots. Indeed, Turkey does not recognize Cyprus as it currently exists.
  4. In a more general sense, NEO got Goxxed with its launch, thus diminishing its splash onto the world stage.
There are obviously many other considerations and I would like to hear your thoughts as to how they may positively/negatively affect the price of NEOBEE stock moving forward. Thanks!
submitted by cyber_numismatist to neobee [link] [comments]

ELI5: How does Neobee intend to make money?

I heard of Neobee after their first branch opening last week and got interested in the companies business model. Can someone explain to me how they actually intend to make money? The bee network seems to run at a loss by design, even in the optimistic estimates provided in the investor prospectus, and all current services seem to be provided at no charge, except POS terminals and API access. What do I miss?
submitted by 4bs1nth to neobee [link] [comments]

Want to help develop Bitcoin's infrastructure? Neo & Bee, the first Bitcoin Bank and payment processing network is kicking it into high gear

Disclaimer: I have shares in NEOBEE.
The securities market was severely depressed recently with closures of the exchanges BTC-TC , BitFunder, and the floor dropping out on mining companies. There isn’t much volume out there, to tell you the truth, but I don’t blame investors, there is nothing out there to invest in, or is there? Besides RentalStarter(which exchange?), and a few financial investment securities, there is only 1 other non-mining related security of interest.
NEOBEE - Neo, the first brick and mortar Bitcoin bank in the world, and Bee, the payment system(POS terminals, etc) to compliment it. Neo’s first branch is opening up in Cyprus (if bitcoin can’t take off in Cyrprus of all places, then we have other problems) on Jan 1st 2014. So for the initial investors who have been waiting since September, it’s starting to get really exciting.
Dividends are going to be payed quarterly. The dividends will only be paid on shares sold. Neo will not receive any dividends on their holdings until 0.0035 BTC/Share has been paid on all public shares.
If you would like to learn more about NEOBEE, refer to the Bitcointalk thread
If you're thinking about investing, Havelock Investments is the place at the moment.
Don't invest more than you can afford to lose
submitted by lewicki to Bitcoin [link] [comments]

Neo & Bee #Bitcoin - YouTube

Havelock Investments notified Neo & Bee (NEOBEE) holders to day that trading had been halted due to “an increase of abnormal activity” on the LMB share platform. (LMB Holdings is Neo & Bee’s parent company.)The notification was sent via email, and has yet to be posted to Havelock’s website. Neo & Bee has been marketed as the first “bitcoin bank,” and is currently in the process of ... Danny Brewster, CEO of Cyprus-based bitcoin company Neo & Bee, has broken his silence, taking to reddit to address some of the rumours that have been circulating about him of late. Last month, the long-shuttered “bitcoin bank” sent out emails inviting shareholders to access a new “redemption portal” for “NEOBEE” tokens. (Full disclosure: This reporter owns a […] Read More Neo & Bee trading reopens on Havelock, crashes to 0.0001 BTC Posted on 5th April, 2014. On March 28, bitcoin-based stock exchange Havelock Investments froze trading on Neo & Bee (NEOBEE ... Since the pubic hand-washing time seems to be in full swing regarding NeoBee, we thought we share our observations regarding such investments from... Bitcoin’s Great Hope That Wasn’t. In 2014, Neo & Bee was Bitcoin’s great hope. Launching just weeks after Mt. Gox began to collapse, it was set to be a model for bringing cryptocurrency to the masses. Its physical “branch” , located with the company in Cyprus, was staffed by consultants to help everyday consumers get started.

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Neo & Bee #Bitcoin - YouTube

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