Problem with Access to MaidSafe shares with

Re: MaidSafe shares bought through / Simon Dixon

I was chatting with David Irvine earlier this morning and he suggested that I post my query regarding my MaidSafe shares that are locked-up with Simon Dixon’s - purchased in October 2016.

This is a longish story, however, to keep it short, in essence:

BnkToTheFuture (BTTF) is not answering my questions regarding my shares they have locked up since 2016.
The share certificate is entitled: “BNK TO THE FUTURE MAIDSAFE SP, a Segregated Portfolio of BnkToTheFuture CAPITAL SPC”.

They (BTTF) have now cut-off my access to my online account with them and do not effectively answer emails and snail-mail I send to their registered office in the Cayman Islands.
I am concerned that I might have been scammed and would like to take possession of my shares.
Does anyone here have any advice as to how I should proceed?
I live in the United Kingdom (Scotland).
Thank-you very much for your time.


Hi Duncan,

David spoke to me this morning about this and we are investigating this. If there are any other shareholders via BTTF having these issues could you please drop me the details at



Many thanks AJ, I really am relieved to know that there are others in the same situation and that we have your (and David’s) help and attention.


Let’s do some research.

The reviews on all of these sites are quite unfavorable.

If it turns out we have been scammed, there is a wonderful and empowering action plan:

  1. Someone will know a journalist with some clout. That journalist will be able to publicize our sorrow and save future victims.
  2. As individuals we can go on message boards and places like reddit to tell our story.
  3. We can tell all of our investor friends personally as well.

Edit: Also, @Duncan49 if you could change the topic title because in my opinion it isn’t scary enough.


Can someone post a quick summary of the BnkToTheFuture story?
I was interested a few years back but a change in personal circs made me abandon any planned investment.


I had exactly the same problem:
After quite a hassle managed to go through their “revalidation” - which, after successful revalidation - they said was Step One - and that there are another 2 steps to be able to become an accredited investor and partake in their bitcoin buying program. I said I wanted nothing more that access to my account and did not wish to undergo further accreditation for their offerings. They have still not replied and I am still locked out of my account. I am worried - and hope the MaidSafe team will be able to do something about this.


Perhaps a little early to change the title - but will do so when we have feed-back from the MaidSafe teams investigations.


Can’t see how to edit the heading or, for that matter, any of my posts.
Can you perhaps let me know how one does this (edit posts)?
Many thanks


Each of your posts has a slanted pen icon, that’s what I use. It reloads your post and then you save the changes.

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Sadly it appears there is a limited time beyond which one cannot edit - so I can’t change the title.

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Thank you - kind of you to take the time to explain.


What do you want the title changed to, I can do it for you

Maybe check you are clicking the correct pencil. There is a separate one for the title.


I wonder how much of this issue with BNK is to do with AML/KYC + accredited investor regulations that now affect them that didn’t (or were overlooked) when they started.

Small fish that can’t get accreditation because they (literally) are too poor may be locked out forever.

If so, then getting together with others and forming a collective front may allow application of enough pressure to work out a solution - some sort of buyout or perhaps forming a third-party company that can be accredited and so manages the shares on your behalf.

It’s all a real pain I’m afraid. For legal reasons, BNK probably won’t say anything unless pressured - as anything they say can be used against them in court.

If nothing works the individual route, then I would aim to pull everyone together and hire a lawyer to pressure them for a solution.


Thanks for reply - I canc’t see a pencil.

It would be nice if you could add “Problem with” at the beginning of the title, thanks.


Thanks for making the change.


Regarding our MaidSafe shares currently locked-in at BnkToTheFuture (BTTF) / Simon Dixon:

I purchased my MaidSafe shares from BTTF in October 2016 on the understanding that it was seed-money for the MaidSafe enterprise. BTTF had apparently acquired a block of shares direct from MaidSafe, and then sold them on to us investors. MaidSafe used the money received from BTTF (in 2016) as seed money. What BTTF now does with its shares has no impact on MaidSafe.

Now, 7 years later, I see no reason why BnkToTheFuture (BTTF) will not release our shares to us as this will have no impact on the finances of MaidSafe. I have asked BTTF a number of times for clarification around this issue but they have not been helpful. I have been persistent and now they have cut me off from my account for no valid reason - I have at all times been civil.

One of our number (MaidSafe shareholders, via BTTF) has explained to me that investigations undertaken by him and discussed with BTTF have established that our online-pdf-based MaidSafe share certificates are not legally valid.

Clearly, we investors in MaidSafe via BTTF have cause for concern.
How should we proceed?

As a start, I hope David (Irvine) reads this, and perhaps he, or one of the team knowledgeable in these matters could comment.
I was rather hoping that they - the MaidSafe management team - could influence Simon Dixon / BTTF to do the honourable thing and release our shares to us.

Any comments would be most appreciated.

Scotland, UK


I have just posted a summary, but it needs to be approved - should not be more than a few hours.


Accidentally deleted this instead of just copying it, must be the excitement …

They (BTTF) have now cut-off my access to my online account

Oh? Now I’m concerned as well so:

  • tried to log in with the “Bnk”
  • was requested to reset my password
  • did but this within seconds fade-away message did not help here
  • then could log in but was told they had to reassess accounts
  • selected “Not now” without result
  • then started a tentative “Reassess”
  • which seems to involve producing an ID for them to have it checked by a third party
  • saw a separate non-US route mentioned for this
  • thinking let’s wait and see, logged out for now

I can remember back when the offer was there.

  • BTTF set up a separate holding company that was to own/hold the Maidsafe shares
  • People buying into it were buying shares in the holding company.
  • there were some other offers for share holders.

Basically people were not actually buying personal Maidsafe shares. But they were buying shares in the holding company. Now as to how that works out in the long run i don’t know, but I guess if the holding company folds then the shares are sold and funds distributed (firstly to lawyers handling the sale)


Correct, I think Duncan has misunderstood both what happened and what he’s entitled to. Participants should read the offer documents and anything else received at the time to confirm this.

For example, and please correct me if I’m wrong, but I believe BTTF acted as a broker so they never held and do not hold MaidSafe shares. These will be owned by the SPV.

Once someone was allocated shares in the SPV they were, in theory, able to trade these but there is no way to convert them to MaidSafe shares and I don’t think there ever will. I’m not certain about that last point.

The exit offered was an option provided by MaidSafe to convert SPV shares to a specified number of SNT after launch (and receive some merch IIRC). There was also talk of trading platform on BTTF but that never happened AFAIK.

I think the risk of being scammed here is low, firstly because Dixon probably doesn’t need the money and secondly because I hope that not much can happen to the SPV without MaidSafe’s consent.

MaidSafe will have to confirm/correct the above.