Trendon Shavers: Difference between revisions
No edit summary |
No edit summary |
||
| Line 2: | Line 2: | ||
Operator of the largest scam in bitcoin history - he operated a [https://bitcointalk.org/index.php?topic=50822.0 ponzi scheme] which initially promised a guaranteed a daily profit of 1%, and then disappeared with an unknown amount of bitcoins on August 2012. Thoughts were that the amount was about 500,000 bitcoins, estimated worth around $5,000,000 at the time. But these amounts were soon quashed once unofficial forum investigators realised a large hoard of Bitcoin found in their analysis did not belong to Pirate, but belonged to a blackmarket website in which Pirate used to mix his funds to hide the actual amounts he held/stolen. | Operator of the largest scam in bitcoin history - he operated a [https://bitcointalk.org/index.php?topic=50822.0 ponzi scheme] which initially promised a guaranteed a daily profit of 1%, and then disappeared with an unknown amount of bitcoins on August 2012. Thoughts were that the amount was about 500,000 bitcoins, estimated worth around $5,000,000 at the time. But these amounts were soon quashed once unofficial forum investigators realised a large hoard of Bitcoin found in their analysis did not belong to Pirate, but belonged to a blackmarket website in which Pirate used to mix his funds to hide the actual amounts he held/stolen. | ||
== July 2013 == | |||
SEC (The U.S Securities and Exchange Commission) [https://bitcointalk.org/index.php?topic=261290.0 charged Trendon Shavers] with defrauding investors in a Ponzi scheme. | |||
== References == | == References == | ||
Revision as of 13:12, 31 July 2013
Pirateat40 AKA Pirate AKA Trendon Shavers.
Operator of the largest scam in bitcoin history - he operated a ponzi scheme which initially promised a guaranteed a daily profit of 1%, and then disappeared with an unknown amount of bitcoins on August 2012. Thoughts were that the amount was about 500,000 bitcoins, estimated worth around $5,000,000 at the time. But these amounts were soon quashed once unofficial forum investigators realised a large hoard of Bitcoin found in their analysis did not belong to Pirate, but belonged to a blackmarket website in which Pirate used to mix his funds to hide the actual amounts he held/stolen.
July 2013
SEC (The U.S Securities and Exchange Commission) charged Trendon Shavers with defrauding investors in a Ponzi scheme.