Just like the title says. Logs and depositions are coming out showing how much BFL did to defraud customers, other companies, banks, and whatever else. Some highlights:
At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”
The FTC’s complaint against the company and its corporate officers alleges that Butterfly Labs charged consumers thousands of dollars for its Bitcoin computers, but then failed to provide the computers until they were practically useless, or in many cases, did not provide the computers at all.
News from Thermos, king turd of Bitcoin’s various shit mountains:
firstname.lastname@example.org is compromised
Today at 09:06:34 PM
Today I received an email from email@example.com (Satoshi’s old email address), the contents of which make me almost certain that the email account is compromised. The email was not spoofed in any way. It seems very likely that either Satoshi’s email account in particular or gmx.com in general was compromised, and the email account is now under the control of someone else. Perhaps firstname.lastname@example.org expired and then someone else registered it.
Don’t trust any email sent from email@example.com unless it is signed by Satoshi. (Everyone should have done this even without my warning, of course.)
I wonder when the email was compromised, and whether it could have been used to make the post on p2pfoundation.ning.com.
The email said:
“Michael, send me some coins before I hitman you.”
Not exactly Satoshi’s normal style.
Satoshi Nakamoto replied to Satoshi Nakamoto’s discussion Bitcoin open source implementation of P2P currency
“Dear Satoshi. Your dox, passwords and IP addresses are being sold on the darknet. Apparently you didn’t configure Tor properly and your IP leaked when you used your email account sometime in 2010. You are not safe. You need to get out of where…”
A is for the ancaps, deluded though they are
B is for Bruce Wagner, and little boys afar
C is for cryptography, a cool thing wasted here
D is for DAD, FUCK YOU, knock when you come near
E is for electric bills and unkempt nests of cables
F is for furries and their awful dog dick tables
G is for graphics cards, using watts of juice
H is for heat, it’s all that they produce
I am for bitcoins, I swear they’re in demand
J is for journalists, who just don’t understand
K is for kilos of drugs bought in a flash
L is for laughter from stores who prefer cash
M is for MtGox, subject to Japan’s laws,
N is for this news, which is good because
O is for O-stock, where fleshlights sold out from
P is for pedos, who love the little ones
Q is for Quebec, with cheaper electricity
R is for Reddit, our fine community
S is for scammer tag, for those very misleading
T is for the tumblers, ignoring victims’ pleading
U is for unconfirmed, you’re holding up the lines
V is for Voorhees, he’s running from the fines
W is for wackos who preach Bitcoin creed
X is for X-rays their brains probably need
Y is for YOSPOS where laffchains bring mirth
Z is for zero: what Bitcoin is worth.
Thanks to Lansdowne, flakeloaf, Dixie Cretin Seaman, haveblue, and AlbieQuirky
I’m still here you dorks. Stop panicking.
Even with ASIC mining forcing homemade rigs into extinction, altcoins and hapless newbies continue to provide us with “inventive” uses for computer hardware, cardboard, sticks, and zipties:
After months of silence following the totally unexpected and catastrophic collapse of the Magic: the Gathering Online eXchange, its CEO Mark Karpeles (AKA MagicalTux) has returned to the internet, posting on Twitter about PHP, yakisoba, and the Tokyo subways. It’s some pretty mundane stuff, and it’s obvious that he’s just trying to return to a somewhat normal life in glorious Nippon.
Everybody whose shit was pushed in by the invisible hand, however, doesn’t want him to forget his follies and are intent on reminding him that they threw thousands of dollars away “investing” in an unstable proof of concept created by an anonymous libertarian. Read on for a lengthy gallery of people who have made terrible decisions: Read more…
Bitcoin fans rejoice! The once prestigious, ranked 39th out of 40 Beef ‘O’ Brady Bowl in St. Petersburg, Florida, is now known as the Bitcoin bowl, thanks to the VC-funded, “we don’t have a business model” Bitcoin company Bitpay, who spent a whole $375,000 to sponsor the college bowl game for three years. No, this isn’t a desperate cry for legitimacy after Dogecoin sponsored NASCAR’s Josh Wise and sent him rocketing to weird internet stardom.
Naturally, some of the rules of college football will have to change to reflect the Bitcoin community’s values and standards. Thankfully, my awful pals at the SA forums have been more than happy to make some suggestions: Read more…