Bitcoin Forum
December 08, 2016, 12:20:56 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: GLBSE fraud warning  (Read 1385 times)
Nefario
Hero Member
*****
Offline Offline

Activity: 602


GLBSE Support support@glbse.com


View Profile WWW
June 06, 2011, 06:01:30 AM
 #1

I've noticed that several new assets have been put up onto the exchange.

They are mostly copies of ubitex's (UBX) contract with the gpg signature removed (but almost everything else intact).

New contracts can be seen here. http://dev.glbse.com/cgi-bin/list

ANONYMOUS
gnaffel (there is also a user on the forums with this name, but I don't think it's the same person)
PARADISE
FuckPayPal

There has been actuall trading of all the above "fake" shares over the last day or so, although I suspect that this is someone trading between themselves (hoping to give themselves a trading history?).

None of these shares are legit(could be someone just playing around with them, probably not), although the poor sod who's issued these has paid 2btc in total to issue them.

Do not buy these shares! They are worth nothing.

Will the issuer/owner of these come forward(either on this thread or in pm) or I'll be removing them and you'll lose your bitcoin.

On another note, I might have to start adding charges to prevent fake trading like this.

Nefario.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
1481199656
Hero Member
*
Offline Offline

Posts: 1481199656

View Profile Personal Message (Offline)

Ignore
1481199656
Reply with quote  #2

1481199656
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481199656
Hero Member
*
Offline Offline

Posts: 1481199656

View Profile Personal Message (Offline)

Ignore
1481199656
Reply with quote  #2

1481199656
Report to moderator
Anonymous
Guest

June 06, 2011, 07:17:42 AM
 #2

FuckPayPal

is pretty funny however its fake. I think you might need to at least charge a listing fee.
Nefario
Hero Member
*****
Offline Offline

Activity: 602


GLBSE Support support@glbse.com


View Profile WWW
June 06, 2011, 07:34:07 AM
 #3

FuckPayPal

is pretty funny however its fake. I think you might need to at least charge a listing fee.

We did charge a listing fee, 0.5btc per listing, so as I've said someones out 2btc unless they show up otherwise.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
ColdHardMetal
Hero Member
*****
Offline Offline

Activity: 701



View Profile
June 06, 2011, 07:40:28 AM
 #4

FuckPayPal

is pretty funny however its fake. I think you might need to at least charge a listing fee.

We did charge a listing fee, 0.5btc per listing, so as I've said someones out 2btc unless they show up otherwise.


I think it should be kept as a "Don't be an idiot"' tax.



I may be biased.

Anonymous
Guest

June 06, 2011, 07:42:11 AM
 #5

FuckPayPal

is pretty funny however its fake. I think you might need to at least charge a listing fee.

We did charge a listing fee, 0.5btc per listing, so as I've said someones out 2btc unless they show up otherwise.


I think it should be kept as a "Don't be an idiot"' tax.



I may be biased.

Now we need a site to recommend stocks for people.  Wink
Clipse
Hero Member
*****
Offline Offline

Activity: 504


View Profile
June 06, 2011, 07:44:05 AM
 #6

Nefario, you should consider a "keep the idiots away" tax however perhaps refund most of it after investors can show it is legit.

This would allow listings since anyone listing with scamming involved would be out of their bitcoins when investors mention them as a scam.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
bitoption
Jr. Member
*
Offline Offline

Activity: 56


View Profile WWW
June 06, 2011, 07:59:39 AM
 #7

The idea that the exchange itself vets participants and makes sure they're not scammers sure isn't new. It's going to be needed, and I'd say that's how you'll earn your money, Nefario.

It would make sense you'd escrow off the first bit of fees against costs? This will probably take some time to sort out exactly.

----** In Beta: The First Bitcoin Options Market ----**

Explanation and discussion: http://forum.bitcoin.org/index.php?topic=9611.0

API Developer Thread:
http://forum.bitcoin.org/index.php?topic=14194.0

-----------------------------------------------------------
Nefario
Hero Member
*****
Offline Offline

Activity: 602


GLBSE Support support@glbse.com


View Profile WWW
June 06, 2011, 01:27:59 PM
 #8

I've also added a locking "feature" so that I can lock accounts, it's actually not working properly right now, it should return an "your account is locked" error, doesn't do this, just stops the account working haha.

So I've locked all involved accounts, including their bitcoin(All 1.1btc of it).

This is a new glbse policy, all scammers (and those taking part in scamming like activities) will have their account locked, and their btc frozen. IF it turns out that they have scammed someone on the exchange we'll try to return the bitcoin to the rightfull owners (try, if possible) .

If we catch scammers in the act, or setting up their act, we will freeze the accounts, and if unable to prove otherwise we confiscate the scammers bitcoin.

Scammers are not welcome here.
 
Nefario.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
Nefario
Hero Member
*****
Offline Offline

Activity: 602


GLBSE Support support@glbse.com


View Profile WWW
June 06, 2011, 11:10:20 PM
 #9

How can you tell a scammer from a legitimate user?

Do people have to get approval before listing assets on the exchange?

No, people don't need approval. But if someones got a share listed that hasn't been gpg signed, and they're selling them (and performing fake trades) then the chance is high they're a scammer.

To prove otherwise a user need only contact me, that's happened for two of the new listed shares.

Nefario.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!