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
Category Archives: Scams
Trendon Shavers (aka pirateat40) Faces Criminal Fraud Charges
A smaller note in yesterday's busy day for Preet Bharara, criminal fraud charges were announced against Trendon Shavers, also known as pirateat40, for running a Ponzi scheme. In Preet's own words: 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)
Coinero Project Seeks £150,000 For Bitcoin Gift Cards
Coinero is an Indiegogo project which is seeking £150,000, which at this time is around USD $240,000 to produce a redeemable Bitcoin gift card available in £15, £25 and £50 denominations. The card is designed to appeal to the newcomer that can manage to enter a shop, purchase a Coinero card and activate it at the checkout. Continue reading
2000 Coinbase Accounts Phished Via Blockchain.info Public Notes
From bitcomsec comes an interesting article describing how public notes on blockchain.info have been used to phish 2000 coinbase.com accounts in less than 2 weeks for a total of almost 17 BTC.
Carders Cashing Out Into Bitcoin/Cash Via Coinbase & Others
Voxis Platform, a payment platform which enables carders to avoid credit card fraud detection by automating the behaviour of typical online spending habits, is allegedly being used to turn stolen credit cards into cash and/or bitcoin via payment gateways such as PayPal, Stripe and Coinbase. Continue reading
Blackmailers: Pay Us One Million Euro In Bitcoin Or We Will Spread Ebola
The AFP today report that an individual or group are threatening to release Ebola1 throughout the Czech Republic unless the equivalent of one million Euros in bitcoin is paid to them from the Czech Republic government. Continue reading
Good luck, Ebola-chan! ↩
BitLendingClub Use Angel.co To Raise Seed Investment
The Bulgarian based crowd-lending platform BitLendingClub has announced a seed investment via Angel.co from Bulgarian VC fund LAUNCHub. BitLendingClub is seeking a total of USD $1.25 million to finance 24 months of operation on the basis that current revenue of $144 K/year will expand to an expected revenue of $4.42 mil/year in 2 years time. The investor presentation can be viewed here. Continue reading
Cryptsy and Shavers Sued by Victims
Silver Law Group has filed two lawsuits: one against Paul Vernon, CEO of Cryptsy a cryptocoin to cryptocoin exchange, and Trendon Shavers, also known as "pirateat40", operator of a ponzi scheme, Bitcoin Savings and Trust. Many of Cryptsy's customers have been disappointed with the service, as complaints of users missing coins have surfaced. These complaints became so numerous, the company sent out a blanket email to their users addressing the issue: Continue reading
MooPay Scam Leads to Possible Bitstamp Blacklists
A former MooPay employee, Eoghan Hayes, recently claimed the company's CEO, Alex Green, has stolen 3700 BTC of funds from its subsidiary MintPal and was keeping them in a personal wallet. The coins have since moved to new addresses. Continue reading