It doesn't matter to me anymore. I am dying from illnesses that are wreaking havoc on my body. Any money I made will just go on to my family, and I will disappear after that.
But not before this feeling of guilt is released from me.
Many of the individuals or projects I name will not survive this, either due to public backlash, financial fraud, or other obscure reasons such as embarrassment. Some may step down from their positions of power, others will likely ignore it as they can't claim the messages that are archvied are fraudulent unless everyone involved in the group chats are all on the same page.
There will be confusion, there will be sadness, there will be anger and there will be frustration. I am intrigued to see what happens next but I let everyone else decide how to proceed forward.
June 15th will publish excerpts from:
- crypto influencers, ranging from as little as 800 followers to as much as 1M followers
- discussions pertaining to racism and homophobia, of adultery and sexual assault on members of the public and those within the crypto communities
- those with 8-9 figures and high amounts of Twitter followers discussing rugpull projects, projects intended to scam the community and individuals, dating between Dec 2019 - Feb 2022
- killing and stealing the crypto of an individual with a group of friends (coordinated through telegram)
I did warn people.Billions and billions of dollars of investors’ money evaporate as Bitcoin continues to fall apart.
People become instantly poor in a second.
Bitcoin’s office is in Saint Kitts and Nevis and has 125 employees, and Monday the CEO told 18% of the employees that they were fired.
Cryptocurrency is fake play money !
That was Coinbase. Bitcoin is not a company.Billions and billions of dollars of investors’ money evaporate as Bitcoin continues to fall apart.
People become instantly poor in a second.
Bitcoin’s office is in Saint Kitts and Nevis and has 125 employees, and Monday the CEO told 18% of the employees that they were fired.
Cryptocurrency is fake play money !
Pretty sad story altogether. It is easy to think that this crypto stuff just affects people with more money than sense but this is a reminder that this is not always the case.The fallout from a crypto scam
A husband-to-be tried to rob a shop with a gun when he lost money saved for his wedding in a cryptocurrency con.
Student Louis Crosby, 25, "naively" converted his savings into digital cash before he was scammed, a court heard. On 27 November, shortly after learning the money had gone, he went to a shop in Sunderland and demanded cash but was foiled when staff fought back.
Crosby, of Portobello Road, was jailed for two years after admitting attempted robbery and possessing a firearm.
The sentence was suspended for two years by a judge who said Crosby was plunged into a "crisis" by the cryptocurrency "disaster".
https://www.bbc.com/news/uk-england-tyne-61838109
well I suppose he has to pay for twitter some how!Elon musk being used in scams; I wonder if he's in on it?
YouTube is being criticised for failing to tackle a network of cyber-criminals streaming fake Elon Musk videos to scam viewers.
The criminals are hijacking YouTube accounts and using the videos to promote bogus cryptocurrency giveaways. BBC News found dozens of these streams being watched by tens of thousands of people over four days this month.
On Tuesday, Elon Musk said YouTube was not tackling "scam ads". YouTube says it removes channels that are reported. For many months, the streams have been fooling thousands of people into sending cryptocurrency to criminals, thinking they will receive a prize from Mr Musk.
One of the most common links to website https://elon-x2.live/, which invites people to double their money by sending Bitcoin or Ethereum to the digital-wallet addresses advertised.
https://www.bbc.com/news/technology-61749120
Like all pyramid marketing, it was only ever a matter of time before the people at the top do a runner.I did warn people.
A guy who I used to work with made a lot of money on it over a year ago (or was it 2 years ago?) when the price was rising. But I did say to him, that he should cash it in ASAP.
He left the company, so I haven't spoken to him since. My gut feeling is that he held onto it and didn't exchange it for money.
FULL STORY: https://www.thedailybeast.com/new-y...n-means-a-foggy-future-for-bitcoin-and-othersNew York’s New Mining Ban Begins the War Against Crypto’s Climate Sins
... In the wee hours of the morning on June 3, the New York state legislature passed the first moratorium on fossil-fuel powered proof-of-work cryptocurrency mining of any kind in the country. ...
Members of the cryptocurrency industry see those final hours differently: as a swift, surprising move that puts New York on path toward eliminating their sector entirely. ...
Major cryptocurrencies like Bitcoin and Ethereum are currently validated through a system called proof-of-work, which tasks miners to compete against each other to solve a guess-the-number style algorithmic puzzle with random, brute force attempts. The winner earns the right to mine a new token.
At one point, mining Bitcoin in this fashion could be done on a laptop; today, entire facilities are devoted to it, collectively amounting to a carbon footprint larger than entire countries. Mining a single Bitcoin is estimated to have the same environmental impact as millions of visa transactions. ...
I'm glad to hear this - I lost track of this story although I live in NY - last I heard the lobbyists for the industry were surrounding the legislature waving cash. The use of natural resources in this enterprise is unacceptably high - water as well as fuels. And personally with an MBA in finance and a work background in heavy data manipulation as far as I can tell bitcoin is ultimately a commodities pyramid scam.New York (state) is poised to become the first jurisdiction to ban crypto mining activities drawing on fossil fuel power generation.
FULL STORY: https://www.thedailybeast.com/new-y...n-means-a-foggy-future-for-bitcoin-and-others
Just good common sense is required to spot that scam.And personally with an MBA in finance and a work background in heavy data manipulation as far as I can tell bitcoin is ultimately a commodities pyramid scam.
He said he understood the risks, so I dont feel sorry for him.‘It’s Ruined Me’
Jeffery Cosey, a 37-year-old personal banker .... He understood the inherent risks associated with the crypto industry,