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Trendon Shavers operated the first Bitcoin based Ponzi scheme out of Texas and it folded in 2014. When he defaulted he tried to claim Bitcoin wasn’t money, he w
by jcpham2 4y ago
Trendon Shavers operated the first Bitcoin based Ponzi scheme out of Texas and it folded in 2014. When he defaulted he tried to claim Bitcoin wasn’t money, he wiped or lost all his records and access to the AWS hosting the scam, he perjured himself and claimed to have fully repaid “jcpham” under deposition.
Liars gonna lie. My deposit and withdrawal addresses and the blockchain kinda shows no, I wasn’t made whole
It takes awhile to come to grips with this and actually see yourself as victimized- I mean, a really long time. The overall personal lesson is don’t give strangers money, especially if it’s too good to be true.
Feeling depressed thoughts and guilt over the greed of seeking interest takes awhile to move beyond.
- alasdair_ 4y agoI do wonder what the difference between running a bitcoin ponzi scheme and a ponzi scheme in Eve Online for Plex is. The claim that Plex isn’t allowed to be traded for real money seems irrelevant since there is nothing in the bitcoin spec that allows trading for real money either.
- JCharante 4y agoWhat large scale ponzi schemes existed in Eve? The only big money making schemes were casinos and betting sites. Oh now I understand your question. It’s totally in-game legal to run a ponzi scheme in Eve but no one actually gets prosecuted for it.
- alasdair_ 4y ago“Zzzz Best” was one - http://www.wirm.net/nightfreeze/part1.html http://www.wirm.net/nightfreeze/part1.html Also, the name of the company was hilarious.
- alasdair_ 4y agoErr, actually, that was the wrong scam. I do remember a different one that had a website investors would go to to see fake “profits” though.