Meta1 Coin Withdrawal and Proof of Major Changes

I know I'm not as active as some of you would have liked, but someone has pulled over $40,000 worth of money out of just the litecoin address for Meta1 Coin:

https://chainz.cryptoid.info/ltc/address.dws?M92qbYtbhKv5nzd94dQtdhCr9jfF87iuT1.htm

M92qbYtbhKv5nzd94dQtdhCr9jfF87iuT1

First visible transaction occurred on 2018-09-30 at 04:56:48

A total of 51 transactions have ADDED MONEY to this address, a total of 50 transactions have TAKEN MONEY from this address

Received
839.43438598 LTC in 51 transactions

Sent
839.43438052 LTC in 50 transactions

I found their private Merchant Login admin login page:

https://meta1.io/Admin/Login?returnUrl=%2fAdmin%2f

So the coin is no longer backed by fine art, lots of money is being moved out of the litecoin address, where is the money going?

Here are the wallets:

BTC 3773iogrCZTGGP9KbzDQvVnx5cf4seTiKt
ETH 0xEe6413b440D06A1B16D8e41dBBa07C21b62c1D56
LTC M92qbYtbhKv5nzd94dQtdhCr9jfF87iuT1
BCH qqra6mty3nmc8s5z8lq6jqcsgygyl6xx95nzu3xwc6

Below I have proved that the website text has been updated frequently. Click the link below to see the changes. If you don't see a link to click, you need to login.

CLICK TO SEE ALL OF THE CHANGES IN WEBSITE WORDING

Did you also notice that those transactions removing the money happened within minutes of the deposits? LOL

Money laundering through bitcoin?

RamblerNash wrote:Did you also notice that those transactions removing the money happened within minutes of the deposits? LOL

Money laundering through bitcoin?

Yes, I do believe it is money laundering. So does the FBI (hint hint).

ORDER GRANTING Motion for Preliminary Injunction and Orders: (1) Freezing Assets; (2) Prohibiting the Destruction of Documents; and (3) Requiring Accountings as to Defendants. Signed by Judge Robert Pitman. (lt)



https://www.dinardaily.net/t92311-dave-schmidt-meta-1-coin-court-order-requiring-accountings-for-security-fraud-asset-freeze