3 ms·
I'll get some heat, but i reached one of my school friend during covid and asked him what he was doing. He had a gig where he was coding snippets of solidity co
by orwin 4y ago
I'll get some heat, but i reached one of my school friend during covid and asked him what he was doing. He had a gig where he was coding snippets of solidity code to create "almost" solid coins, and publish those on the ethereum blockchain. And was paid a lot. Like FAANG level of money, in Europe (UK, it was a bit before Brexit).
Now, i don't understand this particular tech very well, so i might make a mistake, but from what i understood, he was actually creating shitcoins "templates" which could seem seemingly rug pull immune (like wait time before withdrawal? Like i said, i don't know the space very well, it doesn't really interest me), but add a smallish backdoor. His company (it was 2 dev one marketing) then sold those coin template to diverse people and sold installation, formation and support of like six month.
Would his company be targeted by the US gov? it seems like he was enabling scammers while not taking any personnal money from anyone. Wasn't this very sketchy? By the way, i think his company at first wanted to be on the "Wish" market (cheap dropshipped stuff from China) and then sold dropshipping websites template, so i guess this was actually a moral upgrade?
- paranoidrobot 4y ago> it seems like he was enabling scammers while not taking any personnal money from anyone. "X didn't scam anyone, X just sold a template that allowed others to scam". If there's no reasonable other legitimate purpose, then it's still profiting from scamming, albeit at one layer of abstraction. > Would his company be targeted by the US gov? If it turns out that he was enabling scammers to scam, then yeah - I would hope so.