Scammed $100 by SeaTheMiner

[4.334]

@SeaTheMiner I'll give you an extra 24h. If you don't refund, you'll be banned.

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[2.119]

@SeaTheMiner I'll give you an extra 24h. If you don't refund, you'll be banned.

i sent the remaining value of 0.31 LTC, he sent me 0.75 before and i refunded 0.45 leaving 0.3

transaction id: https://blockchair.com/litecoin/transact...464404fb28

@SeaTheMiner on telegram only contact

[3.282]

@PlugzKitchen 

Confirm?

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[Ping's PGP Key]

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[2.119]

@PlugzKitchen 

Confirm?

bro just check the txid its his addy bruh

@SeaTheMiner on telegram only contact

[254]

@PlugzKitchen 

Confirm?

no he didnt sell full amount lol read the chat im about to show and see how ridiculous he is

https://prnt.sc/aibrGcSkIHkL

[3.282]

@SeaTheMiner
 

You were already explicitly instructed that the refund amount was to be sent in the original fiat denomination (USD). Yet again, you attempt to justify using the cryptocurrency’s present market valuation rather than honoring the agreed-upon fiat amount owed. This has been addressed previously — there is no ambiguity here. Send the user the remaining amount owed out of the $100. If you intended to operate on a cryptocurrency value basis, then your services should have been marketed and sold in crypto value, not fiat.

For illustration — if I were to market a product or service for 0.75 LTC, any refund would be for 0.75 LTC, regardless of fluctuations in the currency’s value. However, you marketed and sold your service in USD, merely accepting cryptocurrency as the payment medium. You cannot selectively exploit market volatility to reduce your obligation when a refund is due.

If, conversely, the cryptocurrency had skyrocketed and was now worth five times more than at the time of payment, would you — by your own logic — expect to owe several hundred dollars more to the buyer? Certainly not. The standard must remain consistent.

Send the user the remaining USD equivalent of the amount owed.
You have 12 hours to do so. 

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[Ping's PGP Key]

Before conducting any form of business confirm my identity through onsite PM.

[2.119]

@SeaTheMiner
 

You were already explicitly instructed that the refund amount was to be sent in the original fiat denomination (USD). Yet again, you attempt to justify using the cryptocurrency’s present market valuation rather than honoring the agreed-upon fiat amount owed. This has been addressed previously — there is no ambiguity here. Send the user the remaining amount owed out of the $100. If you intended to operate on a cryptocurrency value basis, then your services should have been marketed and sold in crypto value, not fiat.

For illustration — if I were to market a product or service for 0.75 LTC, any refund would be for 0.75 LTC, regardless of fluctuations in the currency’s value. However, you marketed and sold your service in USD, merely accepting cryptocurrency as the payment medium. You cannot selectively exploit market volatility to reduce your obligation when a refund is due.

If, conversely, the cryptocurrency had skyrocketed and was now worth five times more than at the time of payment, would you — by your own logic — expect to owe several hundred dollars more to the buyer? Certainly not. The standard must remain consistent.

Send the user the remaining USD equivalent of the amount owed.
You have 12 hours to do so. 

of course i would refund him the more hundred dollars lol, i send back the money exactly in the cryptocurrency value he had sent me, by your logic, if i were to refund him THEN when the crypto fell down, i'd have to add 40$ ontop of his REFUND because it went down, thats his chocie to send me LTC, if he didnt want to risk that then he should've sent me USDT instead, thats why i didnt convert his 100$ half of the deal to USDT because the deal hasn't been completed yet, and at the time of the original refund period the ltc would still be down which i certainly wouldn't have put 40$ over the original refund

why would i have to send him 40$ more just because LTC went down, does that mean if after i had completed the deal he should've sent me 140$ more to successfully complete the deal? of course not i wouldn't take that since i know the risk of the cryptocurrency going up or down, this makes no sense and is obvious market sense!
he cant treat me as his wallet lol

In short: I refunded exactly the same crypto amount that was received. Expecting me to add extra funds due to market movement misunderstands how crypto-based settlements work.

@SeaTheMiner on telegram only contact

[3.282]

@SeaTheMiner

This transaction was priced in USD; the cryptocurrency was merely the payment rail.
When a refund is due for a fiat-denominated deal, the repayment must reflect the USD equivalent of the original amount owed — not the fluctuating cryptocurrency quantity.

You were explicitly instructed to refund the remaining USD equivalent out of the $100. Refunding based upon today’s LTC valuation, or the current LTC unit amount, is not acceptable. If this transaction had been explicitly denominated in 0.75 LTC, then a refund of 0.75 LTC would be appropriate. However, this deal was denominated in USD; therefore, the refund must equate to the corresponding USD amount.

The standard remains consistent regardless of whether the market value appreciates or depreciates — you cannot selectively exploit volatility when it favors your position.

Action Required:

1. Settle the outstanding USD balance from the original $100, deducting any portion already received by the buyer.
   
2. Payment may be transmitted in cryptocurrency; however, the amount sent must equal the USD shortfall at the time of transfer.
   
3. Once sent, post the transaction ID and the quoted USD value at the moment of transfer for audit purposes.
   

You are granted a 12-hour window to finalize this. Failure to comply will result in a ban.

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[Ping's PGP Key]

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