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Title: 2012-08-28 dailytech.com - "Pirateat40" Makes Off $5.6M USD in BitCoins From Pyr Post by: julz on August 29, 2012, 12:44:59 AM Quote "Pirateat40" Makes Off $5.6M USD in BitCoins From Pyramid Scheme Bitcoin investors fall for classic Ponzi ploy Jason Mick 2012-08-24 http://www.dailytech.com/Pirateat40+Makes+Off+56M+USD+in+BitCoins+From+Pyramid+Scheme/article25538.htm Bitcoins, everyone's favorite quasi-legal internet currency, are still lingering around thanks to strong support from the hacker, future, and technopunk communities. ... And of course, the onus for these losses largely rests on those who sent someone named "pirateat40" actual money, and failing to recognize the classic signs of a Ponzi scheme -- inflated interest rates, shadowy management, and unrealistic promises. |