A List of Funds/Companies who Fundraised Through Havelock Investments

NOTE: THIS MAY BE UPDATED OR CHANGED AS I DEVELOP A BETTER PICTURE OF OWNERSHIP OF THESE COMPANIES, UPDATES WILL BE LABELED AS SUCH.

Havelock Investments was an early platform in the cryptocurrency space that allowed for a variety of companies to fundraise.

Havelock Investments was purchased by the Panama Fund, S.A. in 2013. The CEO was Daniel Tsai. (archive)

ASICMINER – Asicminer was described as a leader in the bitcoin mining space. Creating mining equipment and running their own mining farm. You can find details about it here. (Archive)

HAVELOCK INVESTMENTS MINING FUND – Havelock Investments Mining Fund was Havelock’s fund investing in Bitcoin mining.

KORB AND CO. INVESTMENTS MINING FUND – This is another fund that was meant for purchasing Bitcoin mining rigs. You can find the most recent copy of their website here.

SATOSHI DICE – Satoshi Dice was a game started by Eric Voorhees (archive). Satoshi Dice was a gambling service where you could send a Bitcoin transaction to a specified address and could potentially receive significantly more in response. Eric Voorhees was charged with offering unregistered securities for these sales of ownership in SatoshiDICE and FeedZeBirds. (archive)

VIRTEX – CAVirtEx was an early Canadian Bitcoin Exchange. Stuart Hoegner (archive), the General Counsel for Bitfinex and Tether, was the lead attorney when Coinsetter acquired CAVirtEx.

CRYPTO CAPITAL CORPCrypto Capital Corp is a payment processor, infamously used by Bitfinex, and with the principals under US indictment. Crypto Capital claimed that a significant portion of their assets are being held in Poland, Bitfinex’s lawyers claim to not believe this.

LABCOINLabcoin was a company that claimed to be working on Bitcoin ASIC mining technology.

SANDSTORM – Sandstorm was an ‘investment fund’ which claimed to use the Bitcoins invested in it to make more money. It appears to have likely been an unsustainable high yield investment. You can find public copies of their ‘financials’ here. (archive)

THE MINISTRY OF GAMES – This was a company that ostensibly was focused on game development and publishing.

XBOND – XBond was issued by ThickAsThieves and was intended to be a perpetual fixed yield bond paid by the Bitcoin holdings of ThickAsThieves. (archive)

CASINOBITCO.IN – CasinoBitco.in [public files can be found here (
1. Prospectus (archive)

2. PR Release (archive)

3. Bitcoin Gaming Market Analysis (archive)

4. 2nd Press Release (archive))] was a Bitcoin casino that later rebranded to Monster Byte.

[1. Q3 2017 Financials (archive)

2. Q4 2017 Financials (archive)

3. Q1 2018 Financials (archive)

4. Q2 2018 Financials (archive)

5. Q3 2018 Financials (archive)] They now do white label cryptocurrency casinos. They are linked to Nessie (formerly at nessie.io (archive), now redirecting to crypto.eu) and MoneyPot (archive from when MonsterByte owned it) (domain now sold). I think it is valuable to remember that Stuart Hoegner (archive), the General Counsel for Bitfinex and Tether, is a “lead attorney to major bitcoin and altcoin poker brands”. It is unknown whether or not BitcoinRush/CasinoBitco.in/Monster Byte is among them.

COGNITIVE MINING – The listing on Havelock is not available. It appears to have been a way to invest in Bitcoin mining based on their archived site.

DEALCO.IN – The listing on Havelock is not available. The page (archive) currently directs to what seems to be LocalBitcoins but includes a feature where you talk to the person first.

NEO & BEE – The listing on Havelock is not available. You can see it on the right panel on various archives of Havelock. It appears to have ended due to misappropriation of funds. (archive)

MINTSPARE – The listing on Havelock is not available. Mintspare (archive) seems to be a way for people to trade in electronics for Bitcoin.

PetaMine CryptX – The listing on Havelock is not available. This appears to be another mining fund. They eventually shut down. (archive)

RENTAL STARTER – This was an investment into a real estate fund that was investing in Ohio but was operated by Full Power Asia Investment LTD.

SEEDCOIN FUND – This listing on Havelock is not available. Seedcoin (archive) was a crypto incubator out of Hong Kong. GoCoin the Brock Pierce cofounded company was incubated here.

BIG TREND CAPITAL INVESTMENT – The listing on Havelock is not available. It is unclear what they did.

ALCHEMINER – Alcheminer was a company that created ASIC mining hardware.

SEVENTH CONTINENT – Seventh Continent was trying to create a bitcoin denominated marketplace. Their website is still live here. (archive) They were in part funded by the Lifeboat Foundation’s Bitcoin Endowment. Stuart Hoegner (archive), the General Counsel for Tether and Bitfinex was a member of the Lifeboat Foundation. (Archive of a cache of his bio on the page)

A-ADS.COM – This company was a bitcoin online advertising network that claimed to not gather private information. They seem to still be open. (archive)

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