The following is a list of (to the best of my knowledge) facts, presented neutrally (or as neutrally as possible) for you to draw your own conclusions.
This story begins with a crypto conference that was supposed to happen in Memphis called Massive Adoption. It was planned and orchestrated by Jacob Kostecki and failed. Due to insufficient funds the conference was cancelled. During this same time Jacob was fundraising in a drive he called SatsForStudents that collected crypto to fund activities for underprivileged students. With that context I now present you facts that you may or may not find interesting.
Jacob Kostecki has a warrant out for his arrest in Poland.
Jacob Kostecki named a company that he used to collect payments for Massive Adoption, “Integrity Front LLC.” The company is now delinquent.
Jacob Kostecki has claimed to have been involved in real estate for the last 14 years.
Jacob Kostecki formed a [presumably] real estate focused company called Off Market Today LLC in February 2020.
Jacob Kostecki created a new Twitter account to focus on real estate in February 2020.
Many startups that have chosen to work with Jacob have felt cheated by him.
Jacob claims to have been in the US since mid 2014.
The tickets for Massive Adoption were often promised to include various valuable benefits including hotel rooms, and even at one point more crypto than the cost of the ticket.
During this same period Jacob was fundraising for an initiative that he called SatsForStudents that was meant to help underprivileged kids.
Jacob has failed to provide a complete accounting of where the SatsForStudents funds went and there is evidence that the funds went through mixers and to exchanges.
Jacob has made a variety of comments suggesting that he may pursue legal action against critics.
Jacob Kostecki has insinuated that people pointing out problems makes it more difficult for him to do refunds, and some statements could be interpreted as him saying he may not refund or may delay refunds to people who point out problems.
Jacob Kostecki has promised to update his website at massiveadoption.com.
Currently, the website is hosting a domain parking service.
Specifically this domain parking service: https://www.parkingcrew.com/
Parking services are a way for domain owners to profit from traffic to their domain.
Delays with refunds have been a continual pattern with regards to this conference. The conference was originally scheduled for November and then delayed. After that delay Jacob fell behind on refunds.
Addendum 4/1/20: Jacob Kostecki claims to be a real estate wholesaler, and that real estate wholesalers make so much.
Addendum 5/8/20: Jacob Kostecki is currently being sued for his failure to provide timely refunds for Massive Adoption
Addendum 1/26/2021: Jacob Kostecki has defaulted in the class action lawsuit against him:
These are to the best of my ability fully accurate facts about Jacob Kostecki.
If you would like to subscribe to my free newsletter then please go here.
If you want the posts from this blog delivered to your inbox:
I also have a Discord server that you can join here.
3 thoughts on “A List of Facts about Jacob/Jakub Kostecki”