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PRL Token Founder "Bruno Block" Pleads Guilty to $5.5M Tax Evasion
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I had ocean PRL back in the day, then it folded or something. Lost it all
That was in the heyday of PRL, COSS, etc 😂
I'm definitely unloading all my Oyster PRL in the next bullrun for massive gainz.
I was involved in all 3 of those! Lost a couple hundred on COSS and PRL (probably ~$500 combined). I actually got my Raiblocks off BitGrail in time and profited on what came to be Nano when Binance listed.
I literally forgot I lost money in PRL lol, also bitgrail, both of which were shilled on here nonstop at the time. Takes me back to the days of BNTY and DBC lol. I mean other than that, not small, but major scams I can think of would be LUNA and FTX for the most part.
OYSTER PRL was beloved here. His logic was hilariously dumb > Then Bill told the group that we got accepted on Binance. That’s when the problems started. The price immediately started pumping from 4c to 26c. I warned Bill against insider trading, he didn’t care. So instead of him and his VC friends dumping on you, I dumped on him.” Remember, any token can modify code to print more to scam. A DAO also doesn’t prevent that
I lost like 200 bucks back then in the Oyster Pearl ($PRL) scam. It was my own fault bc I was seeing that something is fishy before it turned out to be a scam but I didn't act. They have since rebranded. Honestly, I don't mind now bc I was able to learn early from that and stay away from the "big scams" nowadays.
Oyster PRL (Brunoa left the backdoor open)
Aaah, Oyster PRL. Bring back not so nice 2018 memories. My biggest bag back then.
tldr; Oyster Protocol Founder Bruno Elmaani has pleaded guilty to tax evasion to the tune of $5.5 million. The 31-year-old crypto entrepreneur also admitted that he secretly minted and sold PRL tokens, causing the price of the token to drop sharply. He faces up to three years in prison for the first charge. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
MOD. PRL and other flavor of the month coins in 2017.
I still have an eth wallet with Oyster PRL and Oyster SHELL. I still have a neo wallet where I bought NEO gas as a moonshot
I bought PRL, BNTY, PBL, SONM, DBC at that top in 2017 ama.
Oyster (PRL) until Bruno Block f\*\*\* it up. Held my forked Opacity for a long time, but the damage by Bruno was too big.
Ultimate portfolio: NEO, ICX, Oyster PRL, Reddcoin
Oh you mean Oyster? Yeah, I also held that baby and sold for loss Forgot the ticker was PRL
I still have some LTO too. Sold my REQ at a big loss though, and my PRL went to zero during the last bear when I was taking a break from crypto.
Anyone remember a little coin called PRL? Or how about REQ? And I guess from the recent bullrun, LTO
When I reference crypto like PRL, DBC, REQ, less and less people know what I'm talking about. Thanking Waltonchain doesn't have the same impact either.
Oyster PRL 😆 I know I know. Even worse was when the founder was being a bellend on reddit i called him it directly and still let my money in it ride to zero. It was a total crapshoot and was just money saved by not drinking for a couple of weeks so no real harm done
Last bear run I was not awarded as my majority stake in PRL went to zero. This time hopefully they dont go to zero.
I agree 100% with your post. So many missed opportunities missed because of redditors's opinion and failed investments too. Missed on dogecoin, shiba Failed on Oyster (PRL) coin, Nano, Terra//Luna (a few weeks and months ago) One thing I learned from doge and shiba is Marketcap don't mean shit. Everybody was saying how doge is deflationnary, blabla, it would never reach 0.001, 0.01, 0.1 etc. this that marketcap... IN CRYPTO, NO ONE KNOWS WHAT'S GONNA HAPPEN AND THE MATH DON'T MEAN SHIT ANYMORE.
PRL Coin (Oyster Pearl) was pretty hyped here. Crashed in 2018.
Haha yeah they scammed me too with that shady limited time token swap. I had all the coins I cared about in cold storage including opacity and stepped away for a year other than checking the price.... absolute shady team doing minimal development probably going to rugpull when they build up enough hype. This is actually the second iteration of opacity as the first was rugpulled and abandoned like PRL.
Came here to say this. Everybody is mentioning things from like the past 6 months lol. I really thought this would be one of the top comments. I lost a small fortune on stupid Oyster PRL.
Oyster PRL. It was a storage coin that was going to be backed by storage. Like a crypto version of google drive. The founder Bruno ended up printing new coins and dumping them. He was anonymous, but the feds got him for tax evasion because he spent millions of dollars and didn't claim any of it.
Quick tax question. I bought 900 PRL back in early 2018 for $1,800. It then became OPCT in late 2018. I sold my holdings last year for about $300. Am I still able to deduct the $1,500 net capital loss from my taxes despite the rebranding?
I was lucky enough to invest my money in Oyster PRL.
Now do PRL, SNOV, BNTY, DBC, REQ, DBC, SNM, the list goes on
For me, it's: "**DeepBrainChain** combines the best of blockchain and AI, it's a must buy for any serious crypto enthusiast." "**Oyster PRL** seems like a great opportunity. Terrific use case, great team (although anon dev) and seriously undervalued."
Lost my 50$ in Oyster ($PRL) LUL
I held couple of 2018 alts till the exact same thing happened. DBC and PRL to name a couple. Not something I wish to repeat.
In 2017 I bought PRL at $0.035 and it went up to $5. I held the whole time and didn’t sell until it went back down to 1.85. Good times.