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	<id>https://en.bitcoin.it/w/index.php?action=history&amp;feed=atom&amp;title=Bitcoin_Savings_%26_Trust</id>
	<title>Bitcoin Savings &amp; Trust - Revision history</title>
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	<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;action=history"/>
	<updated>2026-04-17T18:25:08Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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	<entry>
		<id>https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=67610&amp;oldid=prev</id>
		<title>Furunodo at 20:45, 2 June 2020</title>
		<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=67610&amp;oldid=prev"/>
		<updated>2020-06-02T20:45:35Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 20:45, 2 June 2020&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; (abbreviated as &#039;&#039;&#039;BST&#039;&#039;&#039;) was a ponzi scheme operated by [[Trendon Shavers]] (then known as &#039;&#039;&#039;Pirate&#039;&#039;&#039;). It was launched in November 2011 as &#039;&#039;&#039;First Pirate Savings &amp;amp; Trust&#039;&#039;&#039;. Pirate claimed to have been selling bitcoins to some local tight-lipped buyers,&amp;lt;ref name=&quot;pastebin&quot;&amp;gt;[http://pastebin.com/yH0jr6KY Pirate&#039;s original post] as archived by &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;[[&lt;/del&gt;Vitalik Buterin&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;]]&lt;/del&gt;&amp;lt;/ref&amp;gt; and that he started BST to provide more volume to these buyers.&amp;lt;ref name=&quot;buterin&quot;&amp;gt;{{cite web|url=http://bitcoinmagazine.net/the-pirate-saga-and-so-it-ends/|title=The Pirate Saga: And So It Ends|author=Buterin, Vitalik|work=[[Bitcoin Magazine]]|date=30 August 2012|accessdate=1 September 2012}}&amp;lt;/ref&amp;gt; By selling invested bitcoins at a high rate and [[Wikipedia:Arbitrage|rebuying them at the market price]], Pirate was supposedly able to offer a very high-yield interest rate of 7% per week.&amp;lt;ref name=&quot;pastebin&quot;/&amp;gt;&amp;lt;ref name=&quot;buterin&quot;/&amp;gt; This rate attracted many investors,&amp;lt;ref name=&quot;buterin&quot;/&amp;gt; and Pirate claimed that over 500,000 bitcoins had been deposited.&amp;lt;ref name=&quot;buterin&quot;/&amp;gt;&amp;lt;ref name=&quot;otc&quot;&amp;gt;{{cite btct|title=Bitcoin Savings and Trust is closing|date=17 August 2012|id=101339|post=1111794}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; (abbreviated as &#039;&#039;&#039;BST&#039;&#039;&#039;) was a ponzi scheme operated by [[Trendon Shavers]] (then known as &#039;&#039;&#039;Pirate&#039;&#039;&#039;). It was launched in November 2011 as &#039;&#039;&#039;First Pirate Savings &amp;amp; Trust&#039;&#039;&#039;. Pirate claimed to have been selling bitcoins to some local tight-lipped buyers,&amp;lt;ref name=&quot;pastebin&quot;&amp;gt;[http://pastebin.com/yH0jr6KY Pirate&#039;s original post] as archived by Vitalik Buterin&amp;lt;/ref&amp;gt; and that he started BST to provide more volume to these buyers.&amp;lt;ref name=&quot;buterin&quot;&amp;gt;{{cite web|url=http://bitcoinmagazine.net/the-pirate-saga-and-so-it-ends/|title=The Pirate Saga: And So It Ends|author=Buterin, Vitalik|work=[[Bitcoin Magazine]]|date=30 August 2012|accessdate=1 September 2012}}&amp;lt;/ref&amp;gt; By selling invested bitcoins at a high rate and [[Wikipedia:Arbitrage|rebuying them at the market price]], Pirate was supposedly able to offer a very high-yield interest rate of 7% per week.&amp;lt;ref name=&quot;pastebin&quot;/&amp;gt;&amp;lt;ref name=&quot;buterin&quot;/&amp;gt; This rate attracted many investors,&amp;lt;ref name=&quot;buterin&quot;/&amp;gt; and Pirate claimed that over 500,000 bitcoins had been deposited.&amp;lt;ref name=&quot;buterin&quot;/&amp;gt;&amp;lt;ref name=&quot;otc&quot;&amp;gt;{{cite btct|title=Bitcoin Savings and Trust is closing|date=17 August 2012|id=101339|post=1111794}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;After accumulating an ever larger amount of bitcoin, transactions were becoming difficult and expensive.&amp;lt;ref name=&amp;quot;op&amp;quot;&amp;gt;{{cite btct|id=50822|title=Bitcoin Savings and Trust {{!}} Home {{!}} Closed}}&amp;lt;/ref&amp;gt; Pirate attempted to reduce the strain by lowering the interest rate, but this sparked unrest and mass withdrawals.&amp;lt;ref name=&amp;quot;op&amp;quot;/&amp;gt; After a discussion with his clients, Pirate decided to close BST,&amp;lt;ref name=&amp;quot;op&amp;quot;/&amp;gt; and announced his intentions to return all owed bitcoins.&amp;lt;ref name=&amp;quot;otc&amp;quot;/&amp;gt;&amp;lt;ref name=&amp;quot;op&amp;quot;/&amp;gt; After repaying at least 11 small beneficiaries,&amp;lt;ref name=&amp;quot;otc&amp;quot;/&amp;gt; BST suddenly announced default on August 28, 2012.&amp;lt;ref&amp;gt;{{cite btct|id=104221|title=Its Official Pirate Has Defaulted!!|date=28 August 2012}}&amp;lt;/ref&amp;gt; It was later revealed that the missing money went towards &amp;quot;rent, car-related expenses, utilities, retail purchases, casinos, and meals.&amp;quot;&amp;lt;ref&amp;gt;{{cite web|title=Trendon Shavers, Bitcoin Ponzi Schemer, Charged $40 Million Fine|url=http://insidebitcoins.com/news/trendon-shavers-bitcoin-ponzi-schemer-charged-40-million-fine/24716|author=Donnelly, Jacob|date=19 September 2014|accessdate=29 July 2015|work=[[Inside Bitcoins]]}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;After accumulating an ever larger amount of bitcoin, transactions were becoming difficult and expensive.&amp;lt;ref name=&amp;quot;op&amp;quot;&amp;gt;{{cite btct|id=50822|title=Bitcoin Savings and Trust {{!}} Home {{!}} Closed}}&amp;lt;/ref&amp;gt; Pirate attempted to reduce the strain by lowering the interest rate, but this sparked unrest and mass withdrawals.&amp;lt;ref name=&amp;quot;op&amp;quot;/&amp;gt; After a discussion with his clients, Pirate decided to close BST,&amp;lt;ref name=&amp;quot;op&amp;quot;/&amp;gt; and announced his intentions to return all owed bitcoins.&amp;lt;ref name=&amp;quot;otc&amp;quot;/&amp;gt;&amp;lt;ref name=&amp;quot;op&amp;quot;/&amp;gt; After repaying at least 11 small beneficiaries,&amp;lt;ref name=&amp;quot;otc&amp;quot;/&amp;gt; BST suddenly announced default on August 28, 2012.&amp;lt;ref&amp;gt;{{cite btct|id=104221|title=Its Official Pirate Has Defaulted!!|date=28 August 2012}}&amp;lt;/ref&amp;gt; It was later revealed that the missing money went towards &amp;quot;rent, car-related expenses, utilities, retail purchases, casinos, and meals.&amp;quot;&amp;lt;ref&amp;gt;{{cite web|title=Trendon Shavers, Bitcoin Ponzi Schemer, Charged $40 Million Fine|url=http://insidebitcoins.com/news/trendon-shavers-bitcoin-ponzi-schemer-charged-40-million-fine/24716|author=Donnelly, Jacob|date=19 September 2014|accessdate=29 July 2015|work=[[Inside Bitcoins]]}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;

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		<author><name>Furunodo</name></author>
	</entry>
	<entry>
		<id>https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57987&amp;oldid=prev</id>
		<title>Taras at 22:18, 29 July 2015</title>
		<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57987&amp;oldid=prev"/>
		<updated>2015-07-29T22:18:51Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;tr class=&quot;diff-title&quot; lang=&quot;en&quot;&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 22:18, 29 July 2015&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; (abbreviated as &#039;&#039;&#039;BST&#039;&#039;&#039;) was a ponzi scheme operated by [[Trendon Shavers]] (then known as &#039;&#039;&#039;Pirate&#039;&#039;&#039;). It was launched in November 2011 as &#039;&#039;&#039;First Pirate Savings &amp;amp; Trust&#039;&#039;&#039;. Pirate claimed to have been selling bitcoins to some local tight-lipped buyers,&amp;lt;ref name=&quot;pastebin&quot;&amp;gt;[http://pastebin.com/yH0jr6KY Pirate&#039;s original post] as archived by [[Vitalik Buterin]]&amp;lt;/ref&amp;gt; and that he started BST to provide more volume to these buyers.&amp;lt;ref name=&quot;buterin&quot;&amp;gt;{{cite web|url=http://bitcoinmagazine.net/the-pirate-saga-and-so-it-ends/|title=The Pirate Saga: And So It Ends|author=Buterin, Vitalik|work=[[Bitcoin Magazine]]|date=30 August 2012|accessdate=1 September 2012}}&amp;lt;/ref&amp;gt; By selling invested bitcoins at a high rate and [[Wikipedia:Arbitrage|rebuying them at the market price]], Pirate was supposedly able to offer a very high-yield interest rate of 7% per week.&amp;lt;ref name=&quot;pastebin&quot;/&amp;gt;&amp;lt;ref name=&quot;buterin&quot;/&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; (abbreviated as &#039;&#039;&#039;BST&#039;&#039;&#039;) was a ponzi scheme operated by [[Trendon Shavers]] (then known as &#039;&#039;&#039;Pirate&#039;&#039;&#039;). It was launched in November 2011 as &#039;&#039;&#039;First Pirate Savings &amp;amp; Trust&#039;&#039;&#039;. Pirate claimed to have been selling bitcoins to some local tight-lipped buyers,&amp;lt;ref name=&quot;pastebin&quot;&amp;gt;[http://pastebin.com/yH0jr6KY Pirate&#039;s original post] as archived by [[Vitalik Buterin]]&amp;lt;/ref&amp;gt; and that he started BST to provide more volume to these buyers.&amp;lt;ref name=&quot;buterin&quot;&amp;gt;{{cite web|url=http://bitcoinmagazine.net/the-pirate-saga-and-so-it-ends/|title=The Pirate Saga: And So It Ends|author=Buterin, Vitalik|work=[[Bitcoin Magazine]]|date=30 August 2012|accessdate=1 September 2012}}&amp;lt;/ref&amp;gt; By selling invested bitcoins at a high rate and [[Wikipedia:Arbitrage|rebuying them at the market price]], Pirate was supposedly able to offer a very high-yield interest rate of 7% per week.&amp;lt;ref name=&quot;pastebin&quot;/&amp;gt;&amp;lt;ref name=&quot;buterin&quot;/&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;gt; This rate attracted many investors,&amp;lt;ref name=&quot;buterin&quot;/&amp;gt; and Pirate claimed that over 500,000 bitcoins had been deposited.&amp;lt;ref name=&quot;buterin&quot;/&amp;gt;&amp;lt;ref name=&quot;otc&quot;&amp;gt;{{cite btct|title=Bitcoin Savings and Trust is closing|date=17 August 2012|id=101339|post=1111794}}&amp;lt;/ref&amp;gt;&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt; &lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;After accumulating an ever larger amount of bitcoin, transactions were becoming difficult and expensive.&amp;lt;ref name=&quot;op&quot;&amp;gt;{{cite btct|id=50822|title=Bitcoin Savings and Trust {{!}} Home {{!}} Closed}}&amp;lt;/ref&amp;gt; Pirate attempted to reduce the strain by lowering the interest rate, but this sparked unrest and mass withdrawals.&amp;lt;ref name=&quot;op&quot;/&amp;gt; After a discussion with his clients, Pirate decided to close BST,&amp;lt;ref name=&quot;op&quot;/&amp;gt; and announced his intentions to return all owed bitcoins.&amp;lt;ref name=&quot;otc&quot;/&amp;gt;&amp;lt;ref name=&quot;op&quot;/&amp;gt; After repaying at least 11 small beneficiaries,&amp;lt;ref name=&quot;otc&quot;/&amp;gt; BST suddenly announced default on August 28, 2012.&amp;lt;ref&amp;gt;{{cite btct|id=104221|title=Its Official Pirate Has Defaulted!!|date=28 August 2012}}&amp;lt;/ref&amp;gt; It was later revealed that the missing money went towards &quot;rent, car-related expenses, utilities, retail purchases, casinos, and meals.&quot;&amp;lt;ref&amp;gt;{{cite web|title=Trendon Shavers, Bitcoin Ponzi Schemer, Charged $40 Million Fine|url=http://insidebitcoins.com/news/trendon-shavers-bitcoin-ponzi-schemer-charged-40-million-fine/24716|author=Donnelly, Jacob|date=19 September 2014|accessdate=29 July 2015|work=[[Inside Bitcoins]]}}&amp;lt;/ref&lt;/ins&gt;&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;==References==&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;==References==&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;references/&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;references/&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;[[Category:Scams]]&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;[[Category:Scams]]&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;

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		<author><name>Taras</name></author>
	</entry>
	<entry>
		<id>https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57985&amp;oldid=prev</id>
		<title>Taras at 21:43, 29 July 2015</title>
		<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57985&amp;oldid=prev"/>
		<updated>2015-07-29T21:43:11Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 21:43, 29 July 2015&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; (abbreviated as &#039;&#039;&#039;BST&#039;&#039;&#039;) was a ponzi scheme operated by [[Trendon Shavers]] (then known as &#039;&#039;&#039;Pirate&#039;&#039;&#039;). It was launched in November 2011 as &#039;&#039;&#039;First Pirate Savings &amp;amp; Trust&#039;&#039;&#039;. Pirate &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claims &lt;/del&gt;to have been selling bitcoins to some local tight-lipped buyers,&amp;lt;ref&amp;gt;[http://pastebin.com/yH0jr6KY Pirate&#039;s original post] as archived by [[Vitalik Buterin]]&amp;lt;/ref&amp;gt; and that he started BST to provide more volume to these buyers.&amp;lt;ref&amp;gt;{{cite web|url=http://bitcoinmagazine.net/the-pirate-saga-and-so-it-ends/|title=The Pirate Saga: And So It Ends|author=Buterin, Vitalik|work=[[Bitcoin Magazine]]|date=30 August 2012|accessdate=1 September 2012}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; (abbreviated as &#039;&#039;&#039;BST&#039;&#039;&#039;) was a ponzi scheme operated by [[Trendon Shavers]] (then known as &#039;&#039;&#039;Pirate&#039;&#039;&#039;). It was launched in November 2011 as &#039;&#039;&#039;First Pirate Savings &amp;amp; Trust&#039;&#039;&#039;. Pirate &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;claimed &lt;/ins&gt;to have been selling bitcoins to some local tight-lipped buyers,&amp;lt;ref &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;name=&quot;pastebin&quot;&lt;/ins&gt;&amp;gt;[http://pastebin.com/yH0jr6KY Pirate&#039;s original post] as archived by [[Vitalik Buterin]]&amp;lt;/ref&amp;gt; and that he started BST to provide more volume to these buyers.&amp;lt;ref &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;name=&quot;buterin&quot;&lt;/ins&gt;&amp;gt;{{cite web|url=http://bitcoinmagazine.net/the-pirate-saga-and-so-it-ends/|title=The Pirate Saga: And So It Ends|author=Buterin, Vitalik|work=[[Bitcoin Magazine]]|date=30 August 2012|accessdate=1 September 2012}}&amp;lt;/ref&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;gt; By selling invested bitcoins at a high rate and [[Wikipedia:Arbitrage|rebuying them at the market price]], Pirate was supposedly able to offer a very high-yield interest rate of 7% per week.&amp;lt;ref name=&quot;pastebin&quot;/&amp;gt;&amp;lt;ref name=&quot;buterin&quot;/&lt;/ins&gt;&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;==References==&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;==References==&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;references/&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;references/&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;[[Category:Scams]]&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;

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&lt;/table&gt;</summary>
		<author><name>Taras</name></author>
	</entry>
	<entry>
		<id>https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57984&amp;oldid=prev</id>
		<title>Taras at 21:31, 29 July 2015</title>
		<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57984&amp;oldid=prev"/>
		<updated>2015-07-29T21:31:11Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;tr class=&quot;diff-title&quot; lang=&quot;en&quot;&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 21:31, 29 July 2015&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; was a ponzi scheme operated by [[Trendon Shavers]]&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, a.k.a&lt;/del&gt;. &#039;&#039;&#039;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Pirateat40&lt;/del&gt;&#039;&#039;&#039;.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(abbreviated as &#039;&#039;&#039;BST&#039;&#039;&#039;) &lt;/ins&gt;was a ponzi scheme operated by [[Trendon Shavers]] &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(then known as &#039;&#039;&#039;Pirate&#039;&#039;&#039;)&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;It was launched in November 2011 as &#039;&lt;/ins&gt;&#039;&#039;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;First Pirate Savings &amp;amp; Trust&lt;/ins&gt;&#039;&#039;&#039;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;. Pirate claims to have been selling bitcoins to some local tight-lipped buyers,&amp;lt;ref&amp;gt;[http://pastebin.com/yH0jr6KY Pirate&lt;/ins&gt;&#039;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;s original post] as archived by [[Vitalik Buterin]]&amp;lt;/ref&amp;gt; and that he started BST to provide more volume to these buyers.&amp;lt;ref&amp;gt;{{cite web|url=http://bitcoinmagazine&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;net/the-pirate-saga-and-so-it-ends/|title=The Pirate Saga: And So It Ends|author=Buterin, Vitalik|work=[[Bitcoin Magazine]]|date=30 August 2012|accessdate=1 September 2012}}&amp;lt;/ref&amp;gt;&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;==References==&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;references/&amp;gt;&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;

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&lt;/table&gt;</summary>
		<author><name>Taras</name></author>
	</entry>
	<entry>
		<id>https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57983&amp;oldid=prev</id>
		<title>Taras at 18:25, 29 July 2015</title>
		<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57983&amp;oldid=prev"/>
		<updated>2015-07-29T18:25:11Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;tr class=&quot;diff-title&quot; lang=&quot;en&quot;&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 18:25, 29 July 2015&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;#REDIRECT &lt;/del&gt;[[&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Pirateat40&lt;/del&gt;]]&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&#039;&#039;&#039;Bitcoin Savings &amp;amp; Trust&#039;&#039;&#039; was a ponzi scheme operated by &lt;/ins&gt;[[&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Trendon Shavers&lt;/ins&gt;]]&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, a.k.a. &#039;&#039;&#039;Pirateat40&#039;&#039;&#039;.&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;

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&lt;/table&gt;</summary>
		<author><name>Taras</name></author>
	</entry>
	<entry>
		<id>https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57981&amp;oldid=prev</id>
		<title>Taras: Taras moved page Bitcoin Savings and Trust to Bitcoin Savings &amp; Trust</title>
		<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=57981&amp;oldid=prev"/>
		<updated>2015-07-29T18:24:21Z</updated>

		<summary type="html">&lt;p&gt;Taras moved page &lt;a href=&quot;/wiki/Bitcoin_Savings_and_Trust&quot; class=&quot;mw-redirect&quot; title=&quot;Bitcoin Savings and Trust&quot;&gt;Bitcoin Savings and Trust&lt;/a&gt; to &lt;a href=&quot;/wiki/Bitcoin_Savings_%26_Trust&quot; title=&quot;Bitcoin Savings &amp;amp; Trust&quot;&gt;Bitcoin Savings &amp;amp; Trust&lt;/a&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;tr class=&quot;diff-title&quot; lang=&quot;en&quot;&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 18:24, 29 July 2015&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;4&quot; class=&quot;diff-notice&quot; lang=&quot;en&quot;&gt;&lt;div class=&quot;mw-diff-empty&quot;&gt;(No difference)&lt;/div&gt;
&lt;/td&gt;&lt;/tr&gt;
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&lt;/table&gt;</summary>
		<author><name>Taras</name></author>
	</entry>
	<entry>
		<id>https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=33501&amp;oldid=prev</id>
		<title>Dree12: redirect</title>
		<link rel="alternate" type="text/html" href="https://en.bitcoin.it/w/index.php?title=Bitcoin_Savings_%26_Trust&amp;diff=33501&amp;oldid=prev"/>
		<updated>2012-12-10T02:01:29Z</updated>

		<summary type="html">&lt;p&gt;redirect&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;#REDIRECT [[Pirateat40]]&lt;/div&gt;</summary>
		<author><name>Dree12</name></author>
	</entry>
</feed>