MoneyBeat, a blog hosted by the Wall St Journal, has published a second article discussing accusations levied against Josh Garza's GAW Miners. Michael J Casey, who authored the piece, concludes that his research is unlikely to placate the "highly vocal critics" of GAW Miners. Garza appears to be quite happy with the article, proudly tweeting it to his followers via @gawceo. Continue reading
Category Archives: Fraud
Bitcoin Blackmailer Given Four Year Jail Sentence
Last month, Qntra reported on Lewys Martin, a UK citizen who attempted to blackmail Halifax Bank, a subsidiary of Lloyds Banking Group, to the tune of 2,800 BTC. Martin had previously been given a two year jail sentence for ddosing the websites of Oxford and Cambridge university. Continue reading
GAW Lawyers Attempt To Bully CoinFire
CoinFire have published a copy of a cease and desist letter they received from Baker Marquart on behalf of GAW Miners. The C&D comes on the back of yesterday's threat by Josh Garza to pursue CoinFire for making what he claims are libellous and false statements about GAW Miners. Continue reading
Breakout Gaming ICO Concludes
The Breakout Gaming Initial Coin Offerring has concluded with a total of 387.65244039 BTC being raised. The funds have since moved from 33Bghpzm4pgbSRgnqS63ZBf6dnSjbGc6Sf, having been split up and sent to various addresses. Following the sale, Breakout Gaming's CEO Billy Chung and head of marketing Gian Perroni spoke to CoinDesk1 and used it as an opportunity to misrepresent the facts surrounding the sale/scam. Continue reading
Despite Qntra's mention, CoinDesk only linked to us via a Google cache page. LOL ↩
GAW Miners Continue Scam While CoinFire Is Defaced
Yesterday CoinFire published an article titled "Is GAW Miners lying about partnerships? Telling statements from Walmart, Amazon, Target and More" in which some of the claims made by Josh Garza are proven to be false, specifically: Continue reading
This Onion, It Smells: Inherent Hazards of the Tor Network
This week Pando Daily's Yasha Levine wrote a follow up to a post from this summer where Yasha documented many of the numerous and transparent connections between the Tor developers and the United States Government. Nothing Yasha wrote in the original piece is particularly controversial, nearly all of it comes from public records, but still Yasha was able to write a follow up on all of the venom Yasha received from fans of Tor without any actual refutations of her points. The simple fact of the matter is that Tor was born of the needs of the United States Government's intelligence community, and continued funding to keep the main Tor developers fed, clothed, and sheltered largely comes from the coffers of those interests. Continue reading
Coinbase Seeking A Risk Investigator
Qntra previously reported on the use of Voxis Platform, a payment platform used by carders to convert stolen credit cards into cash and/or bitcoin via payment processors such as PayPal, Stripe and Coinbase. At the time of publication, Qntra contacted Coinbase regarding the allegations and asked if they could confirm that the Voxis Platform was being used by carders to target Coinbase. Qntra was told we would receive a reply after it was forwarded to legal to which no response has been received. Continue reading
CryptoCoinsNews: Disable Your Adblocker!
CryptoCoinsNews, a spamblog that accepts payment in exchange for the promotion of scams, is now demanding that readers of the website disable adblocking software or go elsewhere if they are unwilling to support the site. In the event the CCN website detects the use of an adblocker, the user is redirected to a page stating the following: Continue reading
Pizza Hut Computers Used To Mine Bitcoin In 2013
Up to 60 Pizza Hut stores across Australia are reported to have been used as part of a bitcoin mining and click fraud botnet during most of 2013. The incident lead to numerous stores halting trade and in some cases resulted in store computers and PoS devices remaining offline all day while the machines were reimaged. Continue reading
Buterin's Waterfall, a Likbez
Product: Price of BTC under control. Life for USG. (Examples: Bitstamp and Coinbase)
- BTC dumped by agents on public markets (The Ethereum raincloud)
- A portion of the "energy" sustains the agent's "businesses"
- USG Confiscators such as the National Security Agency and Department of Justice collect BTC pooling at the bottom (Silk Road v1 and V 2.0, Various Chumpatrons like pirateat40, vanilla idiots).
- BTC plundered via Judicial and other means (e.g. malware) goes to loyal agents who know what is expected of them.
- GOTO 1 (via evaporation)