Comments on: Fake E-gold Bankrupt Release

By: moneypenny

moneypenny — Sun, 13 Jul 2008 08:51:07 +0000

strange that it took them almost a week to post something on their site at e gold so that their many customers were informed. one wonders why it ttok so long to respond if they saw this as sabotage?
I suspect this is not the last we’ve heard of this.

By: Niklas

Niklas — Sat, 12 Jul 2008 15:31:01 +0000

Directly form the E*Gold website:

http://blog.e-gold.com/2008/07/fraudulent-pres.html

Fraudulent “Press Release” and accompanying DDoS attacks
Beginning July 7, 2008 a fraudulent press release was sent to multiple online publication services claiming that e-gold Ltd. and Gold & Silver Reserve, Inc. had filed for bankruptcy. The announcement was a fraud and did not come from either company or anyone associated with either company. Concurrent with the fraudulent press release there have also been intermittent denial-of-service attacks against the e-gold.com website, probably originating from the same perpetrator. An investigation is underway seeking to discover the source of both this malicious misinformation and the denial of service attacks.

Good to hear that E*Gold acceptance can go on.

By: Fraudulent e-gold “Press Release” : DGC Blog

Fraudulent e-gold “Press Release” : DGC Blog — Wed, 09 Jul 2008 23:48:07 +0000

[...] HTML clipboardIf you are like me and have email box full of Google Alerts, you may have also received about a dozen alerts for the phrase ‘e-gold’ in the past few days. The one which caught my eye said the company was bankrupt! I’ll admit reading the first fake release, shocked me, but that only lasted about 10 seconds. It was obvious the report was a fake. Moments after that I caught another alert from DigitalMoneyWorld, and Benson was confirming the fake press release. [...]

By: Andy

Andy — Wed, 09 Jul 2008 10:29:40 +0000

It seems quite clear who benefits from this scare… if rates for e-gold exchange are soon going to go down to normal 5/6% levels (from current 15-20%), a few exchangers could be very interested in buying a lot of e-gold in the very short term at current prices.

By: Benson

Benson — Wed, 09 Jul 2008 07:17:02 +0000

See, speculations doesn’t make people feel good doesn’t it? I’m pretty sure e-Gold is still doing fine.

Exchangers who doesn’t want to risk will stop taking in e-Gold, that’s understandable. It’s just a matter of exposing yourself to market risk or take the risk and do business.

That’s how exchangers operate anyway! ;)

By: Teresia

Teresia — Wed, 09 Jul 2008 06:37:17 +0000

I believe this is untrue. But some people with their egold will rush to exchangers who still accept egold.
Some exchangers like anygoldnow and e-forexgold no longer accept egold. Also autocambist and superchange, two populer automatic exchangers also do not accept egold.
Weird isn’t it?

By: Ast

Ast — Tue, 08 Jul 2008 18:40:27 +0000

I don’t believe you and i don’t believe that release. We should see E-gold comments to believe in situation. Maybe it’s really bankrupt

By: Benson

Benson — Tue, 08 Jul 2008 13:39:35 +0000

Great news Andy!

You’ve contacted them and they say they’re fighting back with CashCards?

Really good stuff.

By: Andy

Andy — Tue, 08 Jul 2008 13:08:44 +0000

However, I agree that a more communicative policy from e-gold would be very helpful. A couple of weekly blog entries is not too much to ask for a co. that earns 1000s of $ in comissions every day..

By: Andy

Andy — Tue, 08 Jul 2008 13:06:31 +0000

The PR was a fake. I have already been in touch with e-gold and they deny it completely. It seems that there was a concerted DDS attack and the attackers combined it with the spread of false info.
e-gold reserves are intact and the system is looking towards a major revival thanks to the collaboration of their new primary dealer.