Cryptocurrency

[AtW]

"BitConnect Founder Sued as SEC Alleges $2 Billion Crypto Scheme

Federal regulators sued the founder of BitConnect, a cryptocurrency exchange platform, for fraudulently raising more than $2 billion from investors in an offering that wasn’t registered with the U.S. Securities and Exchange Commission.

The SEC sued founder Satish Kumbhani, 35, and Glenn Arcaro, a promoter, for improperly selling securities tied to the company’s purported “lending program” for about a year starting in January 2017, according to a Wednesday complaint filed in federal court in New York. BitConnect falsely told investors that it could generate monthly returns as high as 40% with its proprietary “volatility software trading bot” when no such strategy existed, according to the SEC.

The regulator sued five BitConnect promoters in May for their roles in promoting the scheme by creating testimonials on YouTube, sometimes multiple times a day. The promoters received commissions based on their success in attracting investor cash. Arcaro and a company he controls received more than $24 million in referral commissions.

BitConnect closed its exchange in January 2018 after receiving two cease-and-desist letters from state authorities for the unauthorized sale of securities and suffering from denial-of-service attacks.

The SEC has been sounding the alarm over initial coin offerings for years, arguing that the sales are likely securities that must comply with federal rules. The regulator has warned individual investors of the risks in buying the tokens, cautioning that scammers might be using them to lure investors into frauds."

https://www.bloomberg.com/news/artic...-crypto-scheme

[AtW]

Here you go - do your worst:

https://bitinfocharts.com/top-100-ri...addresses.html

Why? I am not interesting in touching this tulip, I am just making obvious projection of what the future holds for this tulip and its hodlers.

[Jog On]

""Leaked Guntrader firearms data file shared. Worst case scenario? Criminals plot UK gun owners' home addresses in Google Earth"

The names and home addresses of 111,000 British firearm owners have been dumped online as a Google Earth-compatible CSV file that pinpoints domestic homes as likely firearm storage locations – a worst-case scenario for victims of the breach.

As an exercise in amplifying a data theft to levels that endanger public safety, the latest evolution of the Guntrader database break-in is likely to become an infosec case study in how security breaches can become worse over time as stolen information is put to ever more intrusive uses."

https://www.theregister.com/2021/08/...ch_csv_danger/

Same thing will happen with those "wallets", it will certainly be very interesting to public to see where big "whales" reside and how much dosh they have.

I can't remember any serious bank in the UK being hacked and customer list with addresses and their balances leaked.

There are lots of whales who could be doxxed through their social media but the majority who don't want to be known don't shout about how much they're making all over the Internet.

Here you go - do your worst:

https://bitinfocharts.com/top-100-ri...addresses.html

[AtW]

""Leaked Guntrader firearms data file shared. Worst case scenario? Criminals plot UK gun owners' home addresses in Google Earth"

The names and home addresses of 111,000 British firearm owners have been dumped online as a Google Earth-compatible CSV file that pinpoints domestic homes as likely firearm storage locations – a worst-case scenario for victims of the breach.

As an exercise in amplifying a data theft to levels that endanger public safety, the latest evolution of the Guntrader database break-in is likely to become an infosec case study in how security breaches can become worse over time as stolen information is put to ever more intrusive uses."

https://www.theregister.com/2021/08/...ch_csv_danger/

Same thing will happen with those "wallets", it will certainly be very interesting to public to see where big "whales" reside and how much dosh they have.

I can't remember any serious bank in the UK being hacked and customer list with addresses and their balances leaked.

[d000hg]

And that, as we know, never ever happens.

Even banks get hacked, virtually all online retailers are at some point.

[AtW]

So the only way they can get personal info from an anonymous crypto address is by hacking exchanges then.

And that, as we know, never ever happens.

[Jog On]

Hackers that currently hack those “exchanges” to get tulipcoins will also swipe all that juicy database info and then sell it on the dark web to the highest bidder.

Specific target blackmail will be a big thing - for all those who “forgot” to pay their taxes

Basically you are a goner m8

So the only way they can get personal info from an anonymous crypto address is by hacking exchanges then. Glad we cleared that one up.

[d000hg]

How do you get info like email addresses, IP addresses or get exchanges to tell you their customer's KYC details from an ETH address?

You run a massive server farm designed to make money by aggregating everyone;'s personal data. At least, that's what AtW did.

[AtW]

How do you get info like email addresses, IP addresses or get exchanges to tell you their customer's KYC details from an ETH address?

Hackers that currently hack those “exchanges” to get tulipcoins will also swipe all that juicy database info and then sell it on the dark web to the highest bidder.

Specific target blackmail will be a big thing - for all those who “forgot” to pay their taxes

Basically you are a goner m8

[d000hg]

Thought BTC was going to pop $50k and trigger a big boom, but it seems to have stalled. 4th quarter is when all the fun happens...