Open Letter to: Openledger /Bitshares /Bitshares Community
After two years of being thoroughgoing in the crypto blockchain space, and thousands of hours of researching hundreds of projects, my deductions led me to my primary blockchain/community home of the Larimer dynasty of technology. A trusted safe zone in the chaotic noise of the crypto world. Even as folks were bloviating a year ago about Dan and EOS being a "scam"...I knew otherwise and defended him in chat rooms, at local meetups, and with friends and family. I mean come on...how can a guy who developed the fastest reliable and proven 2 blockchains in the world now set out to scam the world, Hahaha ridiculous. And as we all know what has come to pass is a masterpiece for any dev out there to "play with".
Then we have Stan Larimer, eager to step in when asked by Dan to enhance Bitshares in growth and community, with new innovation's new collaboration’s for Bitshares. So too folk’s like Michael Taggert, Fuzzy and his team, Kimchi-King Kevin, Once Uponatime, Digital Lucifer, and others showing up with passion with their innovative ideas, helpful and kind and, really, LOVE for all thing's Bitshares.
But where there is much love often is its opposite which is fear; but for my purposes today I will call love's opposite censorship, thievery, control mongering, and (real) intolerance.
Which brings this missive to a gateway in BTS wallet known as Openledger.
Around April 2018 Openledger fervidly and repeatedly tweeted the following:
Keep Your #EOS Safe after June 1st with #OpenLedger #DEX
To all EOS holders - no need to worry!
https://steemit.com/openledger/@bloggersclub/keep-your-eos-safe-after-june-1st-with-openledger-dex …
#cryptocurrency #crypto #blockchain #fintech #Bitshares #Bitcoin #BTS
Gosh… ya know BEING THAT I am paranoiac with private keys and Openledger being a "trusted" part of the Bitshares family; okay, okay, BTS "elders" I know OL is technically not BUT look at it from a user POV: Bitshares has its own offices of suites but OL “rents” in the same building; albeit perhaps on a different floor. I reasoned and consulted with a Bitshares "elder" about how Openledger would manage this. Now for clarity, the term "elder" is used here in the context of the earliest Bitshares folks- those around since the protoshares days (not me). Openledger, also promoted the fact that they would honor EOSDAC and Everipedia airdrops (the well-known ones and BIGGEST at the time).
Ok, well, this is getting better and better so I thought. I then used my little gray cells to assume (careful about assumptions folks) IF Openledger is able to technically airdrop Everipedia to their users surely the rest of the airdrops too. Here is how it worked with EOS: An exchange like Openledger has private keys just like we do. In order for them to receive/ convert/ attain EOS, they mapped to EOS mainnet with their private keys. The exchanges (erc20) EOS balance at the time of conversion includes all of their users (erc20) EOS. This means they received all of the airdrops credits, and rightly so, of their users. So the question becomes why, why, why...does Openledger not credit all their TRUSTING users their rightful airdrops? There have been many bogus answers floating around…these are the one's of which I am aware: “ too expensive per airdrop to UI”, “never promised all airdrops”, “OL is discerning which airdrops are worth crediting”-yeah this one's a real pip. I have consulted EOS BP's and Bitshare's devs who know for certain the expense for OL is minimal to honor these.
So check this screenshot:
- why is this 4/3/2018 blog post deleted? Notice the comments here:https://twitter.com/i/web/status/981137900208345089
- i/web
- why is this 4/12/2018 blog post deleted?https://twitter.com/i/web/status/986542371000258560
- i/web
In fact, if you peruse the blog, there are almost no April 2018 posts. When you look at other months, the blog is loaded with posts.
Where’s this one?

Next, I shall address the head of Openledger Ronny Boesing. Ah, the aloof Mr. Boesing. Ignored my direct questions regarding airdrops repeatedly in the BTS DEX and the OL fan page “4members” Telegram channels.
To ignore me is his prerogative of course, but how does this measure up to excellent customer service and satisfaction? Hey! Ronny, please help me understand, how this is not thievery?
The OL Fresh desk customer service continues to stall with ambiguous answers on “when airdrops” as the screenshots show above. And here is an email correspondence:
On Thu, 26 Jul at 4:28 PM , <b..protonmail.ch> wrote:
- I was just told by the admin in bitshares DEX telegram to open a ticket as I may be able to manually remove my EOS from being frozen. Is this so? If yes... I need the detailed procedures.
- I understand you are likely doing what you can, BUT what is disturbing me is if you don't honor all airdrops dispensed into our accts as you should. Otherwise that is stealing from your customers. 3. My EOS is in YOUR private keys acct so therefore are receiving all airdrops. I fully expect to see my wallet filled with what is owed to me.
- thank you- I am sure you understand OUR frustration after 6 weeks when WE were under the impression freeze for MAYBE up to max. 7 days. Meanwhile....raining airdrops!!!!!!!!!!!!!!!!!!!!!
7532:738215
Hello---!OpenLedger Support Team support@openledger.freshdesk.com
07/27/2018
The estimated opening date of the gateway is Monday. We understand your concern. If you want to get all the airdrops you can withdraw your coins after opening the gateway.
Ticket: https://openledger.freshdesk.com/helpdesk/tickets/7532
Best regards,
OpenLedger DEX Support Team
News telegram channel https://t.me/OpenLedgerCorp
There is one more detailed and heart wrenching private chat I’m having with a very nice OL representative that is still ongoing. The whole conversation has been screenshotted but I will not post because they would likely lose their job. But I will say this; OL is even leaving their reps to basically fend for themselves with the public.
For those who did not TRUST an exchange during the conversion this is what your EOS wallet would look like: https://eosflare.io/account/gi3demrtgmge
Here is the list of the better known airdrops from the June 1, 2018 snapshot: HORUS, CET, KARMA, EVERIPEDIA, CRYPTO WIZARDS, KEOS, MEET.ONE, ATIDIUM, EOS SPORTS BET. Now look, Ronny has said in public it is at OL’s discretion as to which airdrops to disperse to their users. Well, ok, except, you indeed received them ALL and we haven’t got any. (I do not count EOSDAC as that was dispersed months before June 1, 2018. I already had mine! Never got any from OL.)
I ask you Ronny: what have you done with all of your user’s EOS airdrops received? Are you hodling? Have you sold them? Given to charity? Hey if you did this we investors sure could use the right -offs. This is a public plea for transparency. Come clean. There are many, many of us who are disquieted of your custody and no longer trust Openledger. I and multitudes of others will never use Openledger again unless they make good on this. A vociferous petition is commencing of users to join in unison against the unjust actions or I should say inaction of Openledger’s custody of EOS airdrops. Comment below if you wish to have your voice heard.
This could possibly be one of the most brilliant scams in the crypto space.
If you are a victim of this thievery telegram here: https://t.me/OpenLedgerCorp