"TrustUSD" (sic) appears to be a complete rip off of the late and unlamented Base/Basis nonsense stablecoin scheme, shorn of details of how the removal of the "bond" support* proposed there would be replaced, presumably by a unicorn smart contract.
*think how security offering attitudes have changed in the 2 1/2 years since.

That pile of unnecessarily complex garbage thinking, "bullshit baffles brains" was shilled by John Taylor of Taylor Rule fame, and a nearly Head of the Fed if Trump had had his way.
I note that the Dangermouse character behind this Trust (lol) thing likes to pose on Twitter in his MAGA hat.

Just a couple of examples of completely coincidental   similarities which abound between the $132,000,000 failure 2017/18 "Basis" scheme and the destined to fail 2020 "TrustUSD" copycat scheme.






Ad nauseum..

me too 

You use the "if" word twice there in important contexts.
The idea of "Ponzi Games" is not new, it's always been a half hearted (false) defense by the HYIP industry that everybody knew what these schemes were about and that there were no deceived victims, only winners and losers.
It was a lie of course, admin could pack the pyramid and rig the payouts in their own favor. They were not 'provably fair'.
The advent of smart contracts may have changed that and, if the player is competent enough to "audit the code" and make an informed decision, it could be argued that there is no deception and that it is just a form of provably fair gambling.
With no deception involved, i.e. no imaginary forex, arbitrage, mining, etc. context, then they can be called "Ponzi Games" as opposed to "Ponzi Schemes."
Sounds pretty dull to me, but whatever floats your boat.

There was never anything special about $0.65 as a number, apart from it being the price at which pre-listers got suckered in, so why is it now a "target"?
The actual rationale for $0.65 being chosen by BBOD is suspect, not to say bullshit

A BTC cloud mining scheme offering



Investor Games is the place for you, pal.

Hmmm.
So it's New Years Day, and Jessica here decides to register on a Bitcoin forum, necro this thread and tell us how good "Adrian Gonzalez" is at recovering money (supposedly lost on a dating site, so probably not crypto anyway).
Hmmm.
There is indeed such an entity as him posting, seemingly soberly, on Quora and boasting a CV full of buzzwords.
As most people get ripped off in the first place by NOT doing their due diligence maybe now would be the time to start doing it, starting with Mr. Gonzalez impressive list of qualifications.
NEVER give anyone money upfront is a good credo.

Over two years to create a disappointing mess.
The only upside is they seem too incompetent to be scammers.

Today is Erikson Partners Day.

On their one page website they carry the full color, deluxe version, heraldic Global Wealth Fund stolenfromFacebook logo.



They claim the Chrysler Building as their HQ (who doesn't?) and position themselves as a media company.


There's a profile doing this sort of shit floating around, which claims a rl identity (not many of those with GWF) which may or may not be fake. If Kylee is real then she's only a foot soldier. We're looking for the generals.



Erikson plug other GWF companies, especially Privato and our sulking Templar Fund friend, using Quora mainly.

Apart from other GWF entities, on their scrolling "Partners and Clients" list Erikson also claim relations with Apollo Fund (doesn't exist with that logo), the "Global Blockchain Foundation" and "Adventia Health".
These last two are real wormholes.
GBF (sorry 'bout all the acronyms) appears to be one of those grand sounding cryptosphere fakes which have sprung up over the years, claiming to be authentic and organizing "Seminars" and the like for substantial fees and then, either not delivering or attempting to legitimize scams thru them. Under the label "Blockchain Investors Summit" Ghode is accused of scamming $3.5k from a would be exhibitor.
Just look at this bunch of "Blockchain experts" that crawled out from under their rocks in Singapore....
Erikson's actual function for or relationship to them/him (Pankajj P. Ghode) is not immediately clear as he don't reciprocate with a media partner listing for Erikson.

Adventia Health...is a care agency in Texas, but that's not what we're looking for, because there's Adventia Capital LLC "of Dubai"..... (wormhole alert)
They claim to be


and they got themselves a real live Rothschild!!!!

This comes from an Adventia job advert, for a "no experience required" (sic) Portfolio Manager, (a remote working boiler room)...
Also advertised by Adventia Capital LLC Dubai is a similar job, but for another Global Wealth scam company, Principatus Insurance (see a couple of posts back).

Oh, and guess what, there is no Adventia Capital LLC, No Adventia Associates, "headquartered" in Dubai or anywhere else and they don't manage $40b in assets.
And there isn't a Michael J. Rothschild.

So, that's Erikson Partners, possibly the coordinating part of Global Wealth Funds media management, with a sideline in its own shit.

---

And, just to tidy up a couple of outliers before I get to an effort post about the core of Global Wealth Fund's lies and sham companies (GWF is centered very much on the currently very fashionable Magic Money Making Machines: cue buzzwords AI, algorithms, machine learning, portfolio management, passive investment. And it's a bunch of fucking lies..)  


Appears to be an attempt at a "hip" P2P exchange.

Lol, sounds like Joby Weeks.
How or why anyone with that (rather enviable) CV would want to become a subsidiary of the outre Global Wealth Fund scam group, I have no idea.
Nice fiction tho.
Links to a wallet with BTC860 transactions for the first six months of this year and then stopped dead in June.


Slightly more mainstream is Myprepaidcryptocard.com which is part of GWF according to its Wyoming Mail Forwarding address  and "visit corporate website" link to Rosslyn (scroll up, that's the central part with the fake banks. Keep up.)

MPPCC claims


Err, complete bullshit. Rosslyn aren't licensed to sweep streets.


And your website gets 34 visits a day....and shares hosting with two other GWF entities, plus a couple of not yet devved exchange scams?

---

Up next: where does the Templar Fund (and others) Magick Money software really come from?


 

You can't.
Use the "watchlist" function instead for stuff you're interested in from day to day, and the "show new..." like an archive.

No-one would describe themselves as a "virtue signaller", it's only used in a dismissively critical way (perjorative) and it's a new thing (neologism).
What is a person accused of it actually doing, to attract this description?
According to the critic, they are guilty of employing an expressed concern for moral values as a device to show themselves off as morally concerned, rather than just making a moral point, so it shares some of the characteristics of an "ad hominem"..
In practice, it seems to be used by right at left politically, a bit like "snowflake".
Like all insults/dismissals, it says as much about the user as the target.


That's just plain old hypocrisy, I'd have thought.

Edit: and so's this, just pure hypocrisy.


Using the term "virtue signal" is a bit more nuanced than that, imo. Although what it also does is devalue the "virtue" word by using it in a negative context.

 

It's about as active as James Dahlke's plan for World Domination.
A brief update:

Shit token prices have collapsed even further
MAPR "the flagship" went sub $20 last month, minuscule volume means an untradable spread on Catex of 0.0123/0.026.
MAYA lol. <8 cents and dead as a dead thing.
MYEX waiting for the exchange to burst onto the crypto scheme and disrupt the world. Waiting and waiting. Coming soon....
MAYAP The Telegram pajeets are getting themselves in a paranoid state about this Coingecko listing. I know what it is and it's a big lmao.
DFS Don't even ask....(not) trading at just a few sats now with some v pissed punters, all blaming the disaster on Dahlke and his genius "split".

Telegram is just a mass of stickers interspersed with the moronic admin answering or ignoring moronic questions, in between endlessly reposting worthless 'competitions' and 'airdrops'.
Example: for some reason getting to 100k fake TG followers appears to be a desirable thing, so the whole of Nigeria has been mobilized to add loads and loads of contacts who comment "Who added me to this shit?" and leave.
If they get to 100k (never) then one of the brain dead admin (Hi Amy) draws one winning account: Grand Prize 500 MAYA (~$35 atm)....
News?
The latest "news" is still the non news of the Dumb Blonde press agency contract: if you go to their page (don't bother, it's very boring) they have a large "Present Clients" list. No mention of MAYA/MAPR/UKF...
...and no sign of Jimbo.

There is a link between Whitebit and P2P, via Solodovnyk, in the names Alexey Kovaliov and Glib Ushakov.
Solodovnyk's Twitter website link is n-chain.io, a Kyiv company called Next Chain, an Information Technology and Services company with supposedly 11-50 employees and scant information about its activities.
Next Chain's CEO is Glib Ushakov who also lists himself as CFO of Whitebit.
Alexey Kovaliov is listed as CTO at n-chain.io ; the first result in that search directs to a page identifying him as CTO of Whitebit.
Which begs the question, why would Solodovnyk link to a Ukrainian site, which shares top management with Whitebit, unless he had some financial interest in it?

I guess the next question is whether infinances is a drive by clone of Whitebit, or part of their organization?

infinances.com is now flagged by Cloudflare as a suspected phishing site.
There is a Kyiv based company involved in banking and IT-technology called infinance but their .ua site is 404.
And that's about it, so I guess there is nothing I can find that shows that Whitebit knows of infinances existence.

I don't agree with you that his comments are insightful.
To me they are a facile pseudo analysis, and an example of the mindset responsible for the crap state that crypto in general finds itself. Constructive investment and interest in the sector have evaporated as outsiders have found it to be just another zero sum game, full of liars and parasites.


The implication being that, if one doesn't find any "great merit" there, therefore it's the readers fault for an incorrect approach.


In the bigger picture, imo, the only thing Yobit contributes to considerably is the wealth of its owners.
It does that at the expense of undermining any credibility that crypto may have as an agent of change, by reducing it to some sordid and irrelevant gambling platform.
Sitting up all night chiseling sats out of a rigged shitcoin game doesn't make you a brave wheeler dealing pioneer, just a sad victim of base instincts, which the Yobits of this world are happy to exploit.

Your edits make interesting reading from a technical viewpoint.
"Lynch culture" is emotive language for someone who believes
The critics are being rational.

Hahaha, what a thread! 
What is this, the Coinsbit canteen, everyone posting on it seems to work for them? 

Yeah TAGZ, the only exchange in the world that lies about its volume more than the Solodovnyk Shit...



If TAGZ, P2PB2B and Coinsbit's lies about volume were to be believed, then those three shit exchanges have a combined volume of SIX BILLION DOLLARS IN 24 HOURS!!!

Do you scammers have no idea how ridiculous this is?

You can add Infinances.com to that list.

He also can't count.

---

There is yet another scam exchange in this group, Infinances.com, which even shares the same company number as Whitebit, and threatens to doxx complainers by releasing their KYC.

Another Estonian crypto exchange that has come to my notice is infinances.com.

They claim

They give their company information as
That is the same address and the same company registration number as Whitebit, which is shown above to be a Solodovnyk enterprise.

Infinances came to my notice on Twitter, where a hitherto reliable source claims a user has been threatened by Infinances, with his personal details, obtained thru KYC, being put into "bad hands" if he does not drop his complaint, leading to him "losing a lot of money".




 

https://twitter.com/PACcoinOfficial/status/1190293442712211457


and other PAC related comments, may make you think like I do; that it's possible that internal changes at PAC got him back onside, and that any criticism of P2P was seen as counterproductive from then on. Idk.

---

Timeline:
Dec 16: 172 x spam posts made promoting PAC on BCT (and deleted by mods quite quickly)
Dec 16: Angry Beur twitter account closes
Dec 17: Last (critical) post by Aktarus (AB?) on BCT

I don't know, and have better things to do on Christmas Eve than look any closer at some depressing shitcoin bullshit.