Loot Crates BANKRUPT! Owes Customer 20 Million In Crates!

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  • TheQuartering
    TheQuartering   5 days back

    Wow! Just Like That The Entire Company Folds! They Owe 250,000 Subscribers Products So PLEASE Like & Share This Video To Get The Word Out!

    • commandersalamander6
      commandersalamander6  5 days back

      Youtube's finest that a Metallica reference? Cuz that is hilarious!! I disappear lmfao

    • Philippe H.
      Philippe H.  5 days back

      Never enjoyed the format of random mystery box items... packs of cards and stickers even were some kind of consumer bullying i.m.o. . Learned that as a child, collecting Panini stickers and hockey cards because I felt that the capitalism part made it worthless vs buying used with the randomness and tricks needed to get the rarest items. But then loot crates are fun but when the worth / result don't deliverm why people bother? I can't even begin the discussion about loot boxes of vinyl : the problematic shipment of vinyl with them getting to people in great condition, it's literally asking for chaos and returns and exchanges and refunds.

    • Okami Kami
      Okami Kami  5 days back

      @Stinz Maynard Bad management and shady sales tactics.

    • Stacie Meier
      Stacie Meier  5 days back

      IM curious how they are bankrupt, where were they spending the monies they got? As it is, appears Money Chest going to attempt to buy them. I'm curious if they had this planned all along.

    • davenhla
      davenhla  5 days back

      To be fair, I thought that company went under years and years ago. If I recall, it was "oh wow, this is a cool idea look at that cool stuff" followed almost immediatly by " wow, the first loot box was awesome, but the next few are worse and worse, why am I paying premium collectable level of money for a Walmart poster?" Hence i thought the company was a fart in the wind and dissapeared long ago.

  • gundam fan
    gundam fan  2 hours back

    i blame laymen gaming bros they are against loot boxes.. =P

    • Klyze
      Klyze  4 hours back

      Friendly tip from an European viewer.
      I never use my real Credit Card info on websites, in ANY website trusted or not.
      In my country we have a service from the company that manages ATMs and such that alçlows us to create Virtual credit cards in seconds, i use those.
      Meaning if i want to buy something for (ex. 57.88 bucks) i create visa card with 60 bucks limit and, use that info to buy it, after paying if i let that card expirate (usually i set 1 month) or just cancel it in seconds.
      This way if i get my Credit Card data stolen by a keylogger/virus or a server data breach i just dont care, my real credit card info (that i actually never use and its never with me) its 100% safe.


      Anyways... makes canceling dubious subscriptions ALOT easier, i just cancel the card in secs.

      • Denrique Gouws
        Denrique Gouws  4 hours back

        Man fuck you lootcrate i still need my March supscription box (the showdown theme) and still you did not refund me

        • MissPopuri
          MissPopuri  4 hours back

          I certainly wasn’t going to pay good money to waste it on useless toys that clutter my house. Best decision ever made.

          • Gavin Sullivan
            Gavin Sullivan  5 hours back

            Thank you for Saving me! No emails form loot crate about this stunt. Absolutely disappointed because I always looked forward to the halo Crate when I got home, huge fan. But now I have to sadly cancel my subscription, which now looking back on it was a bit overpriced but I am a sucker for halo gear, so I guess I had my fun but I should probably try to fight for the money I’m losing on those two Loot Crates i have “coming to me” I’m probably not getting could definitely use some help in getting my money back if the crates do not in fact come in. Guess it was a fun fad for the season \(-.-)/

            • colin a.
              colin a.  6 hours back

              I'm glad I never got into that craziness, it looked like a shady practice in a person who wanted a quick buck from toys who nobody bought at gamestop(going under also).

              • Kevin Lalach
                Kevin Lalach  10 hours back

                Bought the six pack of Star trek boxes ended up with months of delays and only received 2 boxes. was told rest would be sent in first half of 2019 ... yeah bout that...

                • Raptor RSR
                  Raptor RSR  10 hours back

                  Lol rip to all the idiots who bought that

                  • Elemental Demon
                    Elemental Demon  11 hours back

                    Just realised i didnt unsub from them after one i got and i didnt get the last two creights. Guess im out 100 bucks

                    • Sench
                      Sench  12 hours back

                      It's almost like making people pay for a bunch of random cheap shit is not a good business model.

                      • Frederik Mar
                        Frederik Mar  12 hours back

                        "Investor bails Loot Crate out after company goes bankrupt" (look it up)

                        • Samuel J Weber
                          Samuel J Weber  16 hours back

                          It was all those Pop Vinyls

                          • Samuel J Weber
                            Samuel J Weber  16 hours back

                            Before I get into watching this video, I wanna say that my GameStop has, at one point in time, been stocked with dozens of ThinkGeek boxes of merchanjunk, selling for at least 40% off. Edit: They May still be receiving the boxes due to their vast unpopularity.

                            • Joseph Stalin
                              Joseph Stalin  16 hours back

                              Nerd chic is dying and that is a good thing.

                              • Chris Nell
                                Chris Nell  19 hours back

                                Ya im super pissed im still owed 2 loot crates 2 dx crates 1 gaming crate 2 anime crates 2 deadpool creates 3 fallout crates 3 loot wearables 3 risky business loot wear bundles all 3 lord of the rings crates 1 elder scrolls crate and the $165 batman crate with jacket. Im not getting any responses from the company and am basically butt pounded for almost a grand in crates. Fml

                                • Matt B
                                  Matt B  20 hours back

                                  Loot boxes in games are bad enough. I don't need them in real life too. Good riddance.

                                  • KirbyBro
                                    KirbyBro  20 hours back

                                    So glad I didn't buy anything I was so tempted to 😅

                                    • Brigand Boy
                                      Brigand Boy  21 hours back

                                      Man... I feel bad for them. I used to sub to them for the Firefly stuff. Got some great shirts out of those crates, as well as a few cool little nicknacks (I still use a keychain Serenity today, and it's years old at this point.)


                                      Sad day, though I knew it would come eventually.

                                      • Bruce Wayne
                                        Bruce Wayne  1 days back

                                        Lootcrate sucked ass from day 1. Only retards bought them. The company saw so many retards and used the opportunity to make bank.... should've got out sooner but got too greedy. Lol
                                        Business today is: do whatever and put out whatever because theres always retards out there who will fall for gimmicks and traps.

                                        Lootcrates deserves what it going through and lootcrate sub deserve what they are going through too. Stupidity has consequences, retards.

                                        • bobekfpj
                                          bobekfpj  1 days back

                                          I knew this was going to go out of business. It is unreasonable to except people to buy stuff that can only be put on a shelf for longer than couple of months. At some point the fad will fade and people will stop ordering it.

                                          • Stephen Crawford
                                            Stephen Crawford  2 days back

                                            I order my first 2 and only 2 loot crates a couple months ago. They were terrible, only good thing out of them was an alita figure... That's it

                                            • Blaze Rocker
                                              Blaze Rocker  2 days back

                                              Loot Crates ≠ Things you may actually value

                                              • Billy Mays loves drugs

                                                *it will help the....uh....visability*


                                                -Jearbear 2019

                                                • Smuffi
                                                  Smuffi  2 days back

                                                  F

                                                  • Josué Veguilla
                                                    Josué Veguilla  2 days back

                                                    OUCH!!!!! Loot Crates = GET WOKE GO BROKE

                                                    • AO
                                                      AO  2 days back

                                                      I knew it

                                                      • John h
                                                        John h  2 days back

                                                        Never understand loot crate one or two things of interest but mostly junk. It was a good idea but junk

                                                        • Nephilim1977
                                                          Nephilim1977  2 days back

                                                          Same thing happened to Nerdblock 2 years ago I think. Lost like 75 bucks cause of that. Despite most of the items being cheap, I'm still sad to see these things go.

                                                          • Sesshomaru
                                                            Sesshomaru  2 days back

                                                            Dang....I canceled my subscription 2 years ago...

                                                            • googlewolly
                                                              googlewolly  2 days back

                                                              Do charge-backs, guys.

                                                              • Labyrinth9000
                                                                Labyrinth9000  2 days back

                                                                Loot crates are nothing but boxes of overpriced JUNK!

                                                                • Labyrinth9000
                                                                  Labyrinth9000  2 days back

                                                                  Loot crates are nothing but boxes of overpriced JUNK!

                                                                  • Jay Brooks
                                                                    Jay Brooks  2 days back

                                                                    20 million eh.. Ponzi scheme

                                                                    • Jay Brooks
                                                                      Jay Brooks  2 days back

                                                                      Contact credit card company.. or cancel your current cc number.

                                                                      • Christopher Shafer
                                                                        Christopher Shafer  2 days back

                                                                        I’m starting to notice a pattern here.

                                                                        • Firmini Gaming
                                                                          Firmini Gaming  2 days back

                                                                          Anytime I've seen they're sponsored ads on facebook, the comments are full of people asking were their boxes are, some people waiting several months, and complaining when they are promoting and selling more crates without delivering the older ones.

                                                                          • ricardo martinez
                                                                            ricardo martinez  2 days back

                                                                            I always liked the early years the first crate I got was the aliens anniversary crates and got a few separate crates just for a theme I enjoyed like a Halloween horror crate, an anime crate and I got a random free crate even though I never made the purchase it just showed up. Did get a free shirt and a bleach watch

                                                                            • Mitchell Julius
                                                                              Mitchell Julius  2 days back

                                                                              Oh, that's what happened to that company... Good thing I never subscribed to them.

                                                                              • Severa Fan
                                                                                Severa Fan  3 days back

                                                                                I'm not surprised.
                                                                                Their loot has always been 1 good thing and everything else trash that you'd find on Ebay a week later. It just ain't a good business.

                                                                                • fro16883
                                                                                  fro16883  3 days back

                                                                                  did Dankula get you that hat ?

                                                                                  • Chesco
                                                                                    Chesco  3 days back

                                                                                    *It’s not bankruptcy, it’s surprise debt write-off!*

                                                                                    • Cody Gardner
                                                                                      Cody Gardner  3 days back

                                                                                      Several years ago I would get them all the time and would have all my friends over to open it with me but got out when they had about 100 different boxes and it got pointless to me to get everything you want with no randomness every month

                                                                                      • TacDyne
                                                                                        TacDyne  3 days back

                                                                                        Loot Crate was a scam from the beginning. Cheap Chinese knock offs made by the slave children of Falun Gong followers who were imprisoned until they were harvested for organ transplants for rich westerners and sold for 1,000% mark up.
                                                                                        I actually unsubbed from anyone who advertised for Loot Crate.

                                                                                        • Hex
                                                                                          Hex  3 days back

                                                                                          i thought from the title that it owed one person 20 million, i was very confused.

                                                                                          • Bryon Smothers
                                                                                            Bryon Smothers  3 days back

                                                                                            I cancelled my Loot Crate like 6 months ago because they were not arriving on time. Now I am really glad I cancelled.

                                                                                            • Michael Rogers
                                                                                              Michael Rogers  3 days back

                                                                                              How did we not tell you? I had no idea though Ashens had been saying in his recent loot crate reviews that the content was getting very sparse.

                                                                                              The only Monthly "crate" I do is craft beer. And I have always drunk all that beer before the next one turns up.

                                                                                              • Jim Curram
                                                                                                Jim Curram  3 days back

                                                                                                Loot crate is the jersey mikes of subscription services.