Trendon Shavers Sentenced

A court in the United States sentenced Trendon Shavers (WOT:pirateat40) to:

  • 18 Months In Prison
  • $100 Special Assessment
  • 1,200,000 United States dollar forfeiture
  • 1,200,000 United States dollar "restitution"

Trendon Shavers plead guilty to charges of securities fraud back in October 2015.

Trendon was initially indicted by MPOE-PR (WOT:hanbot) on April 17th, 2012 (archived).

Coinbase Embraces Ether As Venture Continues Running On Fumes

Coinbase recently announced that they are adding support for directly huffing ether, allowing existing Coinbase customers to now use their bank accounts and credit cards to huff ether. As previosly noted, Coinbase is running on fumes which habituates those attached to the venture into huffing volatile organic componds as they desperately need income to account for their nominal $500mn valuation. Coinbase's uncontrollable burn and rate powerlessness over their addiction to external infusions of capital has forced the company to project their desire to huff the sweet vitriol onto their customers. Sorry for your loss.

"Crypto Coin Wallet Card" Physical Bitcoins Were A Scam

A reddit user discovered that when he recently went to claim the balance from a "Crypto Coin Wallet Card" physical Bitcoin product the balance had already been spent (archived). If you happen to have any sort of physical Bitcoin the best time to recover the balance from the private key is well before the person who generated that key inevitably gives in to the temptation to spend the balance themselves. Sorry for your loss.

HSBC Executive Arrested For Inside Trading

HSBC the bank known for being charged with enabling Latin American drug cartels to launder money, found one of its executives charged for insider trading Tuesday night. Mark Johnson, global head of foreign exchange trading as HSBC, was detained at JFK airport attempting to board a transatlantic flight to London. The complaint accuses Johnson of "defrauding client", and “corruptly manipulated the foreign exchange market to benefit themselves and their bank”.

In particular, Johsnon and his colleague Stuart Scott, who was also charged, made a $3mn profit by fraudulent trading in front of clients market buy orders, and then charging fees for their "work". They would essentially instantly profit from a price spike on their trades from client orders pushing the price up. Meanwhile Bitcoin regularly sees insider trading and the economic health that follows.

Alleged Hero Arrested

Authorities have announced the arrest of Artem Vaulin, allegedly the man behind the KickassTorrents p2p bittorrent site. Ukranian prosecutors have charged Mr. Vaulin with one count of conspiracy to commit criminal copyright infringement, one count of conspiracy to commit money laundering, and two counts of criminal copyright infringement. kat.cr does not host any copyright infriging matter, but contains links to peers that can share the file. The DOJ is seeking to deport him to the US to stand trial for violations of the Digital Millennium Copyright Act, according to an affidavit filed by Homeland Security agent Jared Der-Yeghiayan. Mr Der-Yeghiayan is famously known as a witness in the Ross Ulbricht trial, specifically the one who was convinced Mark Karpelès did it.

The Department of Justice press release can be found here. Peace in our time.

Poor Wi-Fi Hygeine Snags Data At RNC

Avast security announced today that rogue wireless access points set up in and around areas at the Republican national convention in Ohio netted around 1200 unsuspecting users in what the company claims was an experiment to demonstrate how risky it can be to connect to public Wi-Fi. Researchers set up several fake access points, naming them after common hotspots, and some with clever names like  “I vote Trump! free Internet”. Approximately 1.6 Gb's of data was exposed, with the report stating that 68.3% of users had their identities or other sensitive information exposed upon connection. Nearly 25% of the users browsed porn sites, while only a little over 5% used the connections to play Pokemon Go. The experiment at the very least highlighted the lack of security consciousness amongst the average person that occurs on a daily basis.

US Department of "Defense" Switches To iPhone

Reports are emerging that the United States Department of "Defense"1 is moving from Google's smartphone platform to Apple's smartphone platform. Apple already enjoys a rather chummy relationship with various organs of the United States government but now Apple has won endorsement from the Special Operations Command for the supposed tactical utility offered by the iPhone 6s ™(r). The price Apple paid for the marketing value of having the iPhone, assembled in Shenzen by Hon Hai Precision Industry Co. Ltd., endorsed as a "National Security Product" used by 31337 special forces operators playing Modern Warfare IRL has not been disclosed. Peace in our time.


  1. An odd designation considering nearly all of its roles and abilities are balanced towards offensive rather than defensive capability.  

Coinbase's Brian Armstrong Huffs The Ethereum Hardfork Jenkem

With approximately 24 hours left until Ethereum forks, at block 1,920,000, reports show that at least 60% of miners are supporting a hard fork at this time. Coinbase CEO Brian Armstrong (WOT:nonperson) lauded the effort on twitter, stating that "If ethereum pulls off this hard fork, very positive signal for them as a team. Shows they can listen to community, execute in time of crisis." Ironically, it appears Mr. Armstrong will be correct in his assessment, as the hard fork will permanently execute any hopes that one can take the immutability of the Ether block chain seriously, and proving that "smart contracts" are not unstoppable and irreversible despite the hype to the contrary. Sorry for your loss.

First Difficulty Adjustment After Halving: Very Slight Increase

The Bitcoin network mining difficulty went from 213398925331.32391357 t0 213492501107.51336670 an increase of 0.04385016% in the first difficulty adjustment after the network's second halving. Prices reported by fiat/Bitcoin interfaces have been similarly stable staying with the number of United States dollars required to purchase a Bitcoin remaining in the middle 600s  much of the time. HODL on!

Arizona Deputies Refused Service By Taco Bell Employee

Two deputies with the Lee County Sheriff's department were refused service by a Taco Bell cashier on Saturday night (archived). The cashier reportedly told the two that the restaurant does not serve law "enforcement" officers. In spite of reports that other customers approved of the cashier's exercising her ability to refuse service, the cashier was fired Sunday while management from the Franchisee and Yum brands were occupied with apologizing to the local "law enforcement" community.

The cashier has neither been identified nor given an opportunity by the local media to offer details about the incident. The possibility of bad behavior on the part of the deputies acutely justifying the refusal of service for reasons beyond the cashier taking a principled stand may exist. Peace in our time.