If you are somethere looking for advice or giving the responsabily of your money to a person that you dont know nothing anything about him, you are not a real trader, and you deserve lost all your money. A Real trader invest his money and time to understand the market and begins a career on the stock marker, forex, or whatever you want.
Scammers Scamming Scammers
- Thread starter Nobert
- Start date
You want to add to your crypto account, and your broker says wire money somewhere else. Does that make any sense at all -- even in the crypto world?
https://markets.businessinsider.com...-funds-crypto-north-dimension-website-2022-12
I can just picture the wiring instructions ...
https://markets.businessinsider.com...-funds-crypto-north-dimension-website-2022-12
FTX customers sent money to a fake electronics retailer with a website full of misspelled words that was key to funding SBF's Alameda, report says
Phil Rosen
Dec 27, 2022, 9:58 AM
Sam Bankman-Fried outside at the federal court in Manhattan on Thursday.
Jeenah Moon/Reuters
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- Sam Bankman-Fried's FTX had customers wire money to North Dimension, a mysterious company with a fake electronics retail website, NBC News reported.
- Money sent to North Dimension would end up funding Alameda Research's trading activity, the SEC alleged.
- The North Dimension website has been deactivated, but had misspelled words and claimed to sell laptops and phones.
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In the sprawling drama of Sam Bankman-Fried's fallen crypto empire, the obscure, low-profile North Dimension played a key role in putting FTX customer funds into the hands of affiliate Alameda Research and SBF's other ventures.
And according to NBC News, North Dimension operated a fake online electronics retail shop, which has now been disabled and archived. The website did not disclose any connection to Bankman-Fried or his companies.
The SEC complaint against ex-Alameda CEO Caroline Ellison and FTX cofounder Gary Wang — who have admitted to wrongdoing — alleges that FTX told clients to wire funds to North Dimension if they wanted to trade on the crypto exchange. But those were then used to fund Alameda's trading activities.
"Bankman-Fried had directed FTX to have customers send funds to North Dimension in an effort to hide the fact that the funds were being sent to an account controlled by Alameda," the SEC said in the complaint.
FTX filed for bankruptcy last month as reports surfaced that billions in customer funds were sent to Alameda.
Per NBC News' investigation, North Dimension website claimed to sell devices such as mobile phones and laptops out of an address in Berkeley, California — the same one that housed FTX.
North Dimension's website, which had many misspelled words and product prices that didn't make sense, said it aimed to become the most popular website for mobile phone purchases by offering transparent purchasing procedures.
Some of the items listed on North Dimension showed "sale" prices that were retailing well above their normal price, per NBC News. One "iPad 11 ich," for example, was listed, as well as a mobile device on sale for $899, compared to the normal price of $410.
Customers found the website would then have difficulty completing any purchases. According to the report, when you clicked on a product this message would appear: "Fee free to send a message. We collaborate with ambitious brands and people; we'd love to build something great together."
An analysis by DomainTools reviewed by NBC shows that North Dimension's site was created in November 2021 by an unidentified registrant in Hong Kong.
More recently, just a month before FTX imploded, a second North Dimension domain appeared online, identifying itself as a financial services site, but without any contact information.
Currently, Bankman-Fried remains under house arrest at his parents' home in California. He was extradited from the Bahamas to the US last week, after being indicted earlier this month for a slate of financial crime charges.
I can just picture the wiring instructions ...
Yesterday, a Bitcoin developer's wallets -- including his cold wallets -- were hacked, and he lost 217 Bitcoins!
https://finance.yahoo.com/news/bitcoin-core-dev-loses-least-122753638.html
Bitcoin Core Dev Loses At Least $3.6 Million in BTC to Hack
4
Tim Hakki
Mon, January 2, 2023 at 6:27 AM CST·2 min read
Luke Dashjr, who claims to be “the longest contributing Bitcoin Core developer,” revealed that an unknown hacker had raided “basically all” of his Bitcoin holdings on New Year’s Day.
The total sum of Bitcoin stolen is unknown, but in a Twitter thread, Dashjr tracked “some of it” to a wallet address that received a little under 217 Bitcoin, or about $3.6 million at today’s price.
Dashjr blamed the hack of his Bitcoin wallet on a compromised PGP (Pretty Good Privacy) key and later, in a Reddit discussion, he stated that the attacker’s IP came from a ColoCrossing server. He was at a loss to explain how his cold wallets were compromised, but he said the last time he’d accessed them was in September.
Dashjr posted a followup tweet calling out ColoCrossing for allegedly “dropping the ball on abuse investigation last time” and he vowed to replace his server provider. Some responders also flagged up a security breach he tweeted about back in November as possibly being connected to the hack.
Dashjr continued to answer questions on Twitter, saying that he believes “everything is compromised,” even potentially his Twitter. He also strongly cautioned people against using Bitcoin Knots, a Bitcoin wallet signed by his own now-compromised PGP key. Dashjr also tweeted at the FBI for help, to no avail.
Binance CEO Changpeng “CZ” Zhao offered his support, saying that he had informed the exchange's security team of the theft, and that if any crypto linked to the hack was sent to Binance, "we will freeze it."
Self custody and security
Zhao immediately wrote a follow-up tweet linking to Dashjr’s thread as an example of the risks of holding cryptocurrency in self-custody wallets.
Self-custody solutions include a variety of different software and hardware platforms, and can broadly be categorized as things like hot wallets (online software wallets), cold (hardware) wallets and DeFi exchanges. The latter two have seen heightened interest from consumers throughout the industry’s ongoing insolvency crisis, also known as “Crypto Winter.”
How to Move Bitcoin, Ethereum and Other Crypto to Self-Custody
As contagion from the historic collapses of Terra and FTX spread in a year where record numbers of cybertheft were reported, people increasingly looked towards getting their balances off of accounts controlled by centralized entities, like exchanges and lenders, and onto self-custody solutions.
After billions of dollars worth of crypto were withdrawn from Binance in a single day, Changpeng Zhao took to a Twitter Spaces talk to warn that “99% of people” will lose crypto that they hold using self-custody solutions.
He now advises people to no longer use Bitcoin Knots, a wallet he developed!
CZ from Binance was quick to offer "help and advice."
Another day, another "I'm sorry."
https://finance.yahoo.com/news/twitch-streamer-nft-founder-dnp3-234854589.html
https://finance.yahoo.com/news/twitch-streamer-nft-founder-dnp3-234854589.html
Twitch Streamer and NFT Founder DNP3 Admits to Gambling Away Investor Funds
3
Rosie Perper
Tue, January 3, 2023 at 5:48 PM CST·1 min read
Jeffrey Coolidge
In this article:
- ETH-USD
+0.89%
Twitch streamer DNP3, who founded several crypto projects, including The Goobers NFT, metaverse platform Gridcraft Network and charity-focused cryptocurrency CluCoin, admitted to gambling away investor funds on Tuesday.
In a statement posted to Twitter, the founder said he had become "incredibly addicted to gambling."
"Every dollar I could find I would put into [crypto casino] Stake in hopes of winning big," he wrote. "Even when the big wins did happen it wasn’t enough. Eventually, I lost everything. In addition to my own life savings, I also irresponsibly used investor funds to try and 'get my money back' from the casino which was wrong for so many reasons."
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"I am now completely broke both financially and spiritually. My sense of trust in myself is compromised," he added, saying that he was working with a help group to begin a "path to recovery."
It's unclear how much money has been lost. The price of CluCoin plummeted by 63% following the announcement, while The Goobers project saw its market cap dip by 9%. According to OpenSea, The Goobers has done 968 ETH in total sales volume, or roughly $1.1 million.
The news recalled other crypto projects, including NFT launchpad Onepad, that were forced to shutter after its founder gambled away funds.