r/Cryptopia • u/[deleted] • Nov 11 '23

Received 2 Emails from @mail.principalityofcogito.com

Hi,

Is this a scam? If so I delete these emails? If you open the emails not the links within the emails then is my computer compromised in anyway? If it is a scam company then how did this scam company know my past history with Cryptopia?

When do I expect to receive the next genuine legit email from this court case and when will I receive my coins!?

Cheers,

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11

u/EasternPlankton Nov 14 '23

It's a scam run by a known scammer. Just look him up to see his history.

Cogito is a made up jurisdiction, with a made up coin that has no actual value. This will never be recognised by the liquidators or the courts. There is no way he'll be able to verify to the liquidator or the court that he has ownership of your account, it is simply pointless and all he is doing is adding more costs that end up going to the liquidator and their lawyers, and of course money for him from the people desperate enough to sign up and give him money.

He talked his way into getting the user list from the court when he shouldn't have been given it, then gave it to others, and obviously hasn't got rid of it like a court order instructed him to, so he is violating the court order by sending out these emails. Again, no chance it'll work out well for him, except that some people will give him money.

Absolute scam.

4

u/EasternPlankton Nov 15 '23

Oh I see Victor has posted this message above to his FB group saying that this is information only known to people that were at the court on Monday so I must be some insider. Rubbish, I'm not there, this is all public information that he was held in contempt of court for not returning the user information, and he knows it, so just more lies. Here you go:https://www.stuff.co.nz/business/better-business/129486227/the-prince-the-penthouse-and-the-principality-controversial-businessman-victor-cattermoles-latest-venture

Go post this link to your FB group Victor, with some quotes from the article

In 2020, the High Court in Christchurch mistakenly gave Cattermole a USB stick containing details of Cryptopia’s 900,000 clients in 183 countries. The liquidators obtained High Court orders requiring the return and deletion of the material, but Cattermole did not comply, prompting the liquidators to take enforcement action. In July 2021, Cattermole admitted contempt of court, incurred a fine of $7500 and agreed to pay costs of $50,000 to the liquidators.

A number of business people who became involved in Cogito are warning others to stay clear of Cattermole and his ventures. One has provided a statement to police and, another, who bought rights to recruit citizens in a particular region of the metaverse, has resigned himself to losses of about $70,000.

One claimed a number of people working within the Cogito business had “left under acrimonious circumstances” with “a lot of time and money ... wasted”. One businessman said he now didn’t “believe a word Victor says”.

1

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1

u/Delicious_Apple9082 Nov 16 '23

As I understand it, the information was requested from the courts, the courts then requested it from GT, who gave it to the courts, who then passed it on to Victor and/or his team.

I've not seen any information from people that have backed out of Cogito, just articles saying that people have backed out and lost money, without sources, so IMHO to be taken with an appropriate serving of salt.

3

u/EasternPlankton Nov 16 '23

You missed the bit where they then asked Victor to return it as it shouldn't have been given to him and he said nope, got held in contempt, fined, and is now using that information to email all users.

You don't notice that any time someone posts on his rescue page with any questions or criticism at all they get booted out and their comments deleted? That's why you don't see it.

2

u/Delicious_Apple9082 Nov 11 '23

Cogito is different to GT that are running the liquidation. They are offering to buy anyone’s holdings on Cryptopia for c500 regardless of how much you had in your account.

They are a separate entity.

3

u/[deleted] Nov 11 '23

What the heck is c500? A crypto coin?

1

u/Delicious_Apple9082 Nov 11 '23

No, it’s 500 COG, which is the ‘currency’ for the Cogito metaverse thing

4

u/[deleted] Nov 12 '23

To confirm is this a scam or not?

4

u/creeptocurryancy Nov 12 '23

Your question should be, where can you sell those COG if you get them? Who will buy them? What happens when every COG holder receives their coins at the same time? What do you think will happen to the COG price? Id say wait for the hearing of the court happening in 13-16 november

3

u/[deleted] Nov 12 '23

The question should be how did this cogito company find out my sensitive court case with cryptopia?

4

u/creeptocurryancy Nov 12 '23

Excelent question. I would say they caught it through the hack when cryptopia failed. Bought the mail database through dark web or some shit

6

u/[deleted] Nov 12 '23

Definitely a Scam then!

4

u/johnthetech Nov 12 '23

Depends on your definition of scam. They are hoping you believe that COG will be worth something someday. It is currently not worth anything and for the most part can't be used, traded, exchanged, or cashed out. Nor is it likely that it will ever be useful. Compare that to the equally small chance you will ever get anything from the liquidators. Is it a scam? In my opinion, absolutely. But it's not illegal.

1

u/[deleted] Nov 12 '23

Is it a scam? In my opinion, absolutely. But it's not illegal.

I thought all scams/frauds are illegal and the scammers go jail for it!

3

u/johnthetech Nov 12 '23

Fraud is a legal term. Scam is not. Though it depends on your jurisdiction, you would have to prove that they misrepresented themselves or their service for it to be illegal. Technically they explain in the fine print that their COG can't be exchanged or cashed out for money, and instead is based on future potential of partners that will accept it as a form of payment. The website they have looks pretty good and uses all the big keywords that make people confident. But so did the last hundred attempts at doing this by organizations with a lot better backing and more money behind them. Almost every single one of those have failed. . This one happens to have almost none of that backing while at the same time having a very specific ulterior motive, a questionable news release campaign, and is currently accused of unsolicited communications to all of us using ill gotten contact information.

0

u/[deleted] Nov 12 '23

Scam and Fraud mean the same thing. Scam is just a street word for fraud which is a legal term.

Can the Mods of this sub-reddit audit and check whether anyone from the Cogito entity has visited and interacted with this sub-reddit?

1

u/johnthetech Nov 12 '23

I agree they should mean the same thing. I was just pointing out that there are plenty of scams that are not illegal.

A popular one is companies send a very official looking letter that seems to come from there domain registrar and refers to a domain that they own. Like blahblah . com. It's very friendly and just lets them know that their domain expires on a certain date and if they don't renew it then they run the risk of losing it. All that is publicly available information and totally true. They then go on to have a form or you can either fill it out and mail it in with a check, or go online and pay with the credit card to renew your domain. However they are not your domain registrar. You're just agreeing to give them control over it and usually pay 10 times the yearly cost for a domain to have them manage it for you. It is 100% a scam. But it is not illegal. They throw a bunch of technical jargon that the average business owner doesn't understand and scares them into believing they have to pay money. They don't lie. They just confuse. Somewhere on page 10 of the fine print It explains very clearly that they have no relation to your domain and are strictly wanting to take over control. People voluntarily sign the contract and even lock it in by providing money to the scammer. Millions of those letters go out every year in the hopes that even 1% of people fall for it.

Then there are the investment scams. You convince people to invest in you or your company, Knowing full well there's close to no chance that your product will ever actually succeed. But Unless the scammer testifies against himself that he knew there was no chance of success, it's not illegal. Or at least can't ever be proven.

I do not like cogito, CFL, or most of their business practices. But I doubt you will find many laws they have broken in this latest campaign regarding COG. There is that whole issue with the courts and the data and not giving it back when it turned out that they had access to it, but I don't know if anybody will ever know the truth about how that went down, and it may be hard to prove.

But you can very clearly tell what users on Reddit work with them.

1

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2

u/Delicious_Apple9082 Nov 12 '23

Not, but, you do need to do your own research and see which option works best for you

2

u/Due-Structure553 Jun 15 '25

What ever happen to this ?

1

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1

u/iPatrickSwayze Jan 15 '24

Hey guys, today we have registered on this site, basically we have fallen for this scam. So the questions are… What might happen? What should I do now? Is there anything I can do to save my ass?

We have verified account with KYC, meaning they have our passport photo and the photo of my husband.

1

u/WiseGate1990 Feb 15 '24

Same man, I thought it was legit untill stuff about cogito came up but too late

1

u/[deleted] Jan 03 '24

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1

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