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Author Topic: London Bitcoin Forum was likely a scam, and several news sites covered it up  (Read 564 times)
EvanFaggart (OP)
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March 11, 2016, 02:13:56 PM
 #1

A new report from Bitcoinist is saying that the highly-publicized London Bitcoin Forum is probably a scam that cheated lots of people out of their money. What's even crazier is that some big Bitcoin news sites silently removed their reports on the Forum once they caught wind of the scam. CoinDesk, Bitcoinist, and BraveNewCoin are a few of the big sites that reported on the scam. Out of those three, it looks like Bitcoinist is the only one to give its readers an update. Should sites be able to just sweep things like this under the rug without informing the public, do you think that's unethical?

Article link: http://bitcoinist.net/london-bitcoin-forum-likely-scam/
European Central Bank
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March 11, 2016, 02:17:40 PM
 #2

With anything bitcoin related it pays to assume everything's a scam until proven otherwise. Sucks for the victims but I ain't surprised.
EvanFaggart (OP)
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March 11, 2016, 03:12:03 PM
 #3

With anything bitcoin related it pays to assume everything's a scam until proven otherwise. Sucks for the victims but I ain't surprised.

You are right. Stuff like this is an unfortunate norm in the Bitcoin community.
RealPhotoshoper
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March 11, 2016, 03:13:38 PM
 #4

A new report from Bitcoinist is saying that the highly-publicized London Bitcoin Forum is probably a scam that cheated lots of people out of their money. What's even crazier is that some big Bitcoin news sites silently removed their reports on the Forum once they caught wind of the scam. CoinDesk, Bitcoinist, and BraveNewCoin are a few of the big sites that reported on the scam. Out of those three, it looks like Bitcoinist is the only one to give its readers an update. Should sites be able to just sweep things like this under the rug without informing the public, do you think that's unethical?

Article link: http://bitcoinist.net/london-bitcoin-forum-likely-scam/
so,you warn us who join on that forum?because i dont join to that forum,so i dont care,and everything who covered with only site,even that site popular,its will not effective. anyway,thanks for share and warn people from this forum who also join on London Bitcoin forum.
Denker
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March 11, 2016, 03:18:03 PM
 #5

A new report from Bitcoinist is saying that the highly-publicized London Bitcoin Forum is probably a scam that cheated lots of people out of their money. What's even crazier is that some big Bitcoin news sites silently removed their reports on the Forum once they caught wind of the scam. CoinDesk, Bitcoinist, and BraveNewCoin are a few of the big sites that reported on the scam. Out of those three, it looks like Bitcoinist is the only one to give its readers an update. Should sites be able to just sweep things like this under the rug without informing the public, do you think that's unethical?

Article link: http://bitcoinist.net/london-bitcoin-forum-likely-scam/

It was Coindesk who removed the reports and tweets. A lot of people have lost money it seems.
CoinDesk should make some statement to this situation. Showing no reaction is pretty lame and disgusting.
I see CoinDesk more and more critical.
SFR10
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March 11, 2016, 03:24:37 PM
 #6

The thing with Coindesk is, money. They publish something (not all but some) when they get certain money and it could also be related that they paid them to remove the article as well (we never know unless we could link one of their addresses doing transaction in between). In the article, you didn't mention for how long Olivia haven't respond to in regards to scam and fake linkedin account? Although this was the first time, me hearing about the london forum, what was the assurance that people purchased tickets? Any more known people involved?

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ahpku
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March 11, 2016, 03:26:15 PM
 #7

A new report from Bitcoinist is saying that the highly-publicized London Bitcoin Forum is probably a scam that cheated lots of people out of their money. What's even crazier is that some big Bitcoin news sites silently removed their reports on the Forum once they caught wind of the scam. CoinDesk, Bitcoinist, and BraveNewCoin are a few of the big sites that reported on the scam. Out of those three, it looks like Bitcoinist is the only one to give its readers an update. Should sites be able to just sweep things like this under the rug without informing the public, do you think that's unethical?

Article link: http://bitcoinist.net/london-bitcoin-forum-likely-scam/

It was Coindesk who removed the reports and tweets. A lot of people have lost money it seems.
CoinDesk should make some statement to this situation. Showing no reaction is pretty lame and disgusting.
I see CoinDesk more and more critical.

A scam? In MY Bitcoin?! Shocked
Why isn't mainstream media covering this?!
EvanFaggart (OP)
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March 11, 2016, 03:53:02 PM
 #8

A new report from Bitcoinist is saying that the highly-publicized London Bitcoin Forum is probably a scam that cheated lots of people out of their money. What's even crazier is that some big Bitcoin news sites silently removed their reports on the Forum once they caught wind of the scam. CoinDesk, Bitcoinist, and BraveNewCoin are a few of the big sites that reported on the scam. Out of those three, it looks like Bitcoinist is the only one to give its readers an update. Should sites be able to just sweep things like this under the rug without informing the public, do you think that's unethical?

Article link: http://bitcoinist.net/london-bitcoin-forum-likely-scam/

It was Coindesk who removed the reports and tweets. A lot of people have lost money it seems.
CoinDesk should make some statement to this situation. Showing no reaction is pretty lame and disgusting.
I see CoinDesk more and more critical.

I think it would be the right thing for all sites who reported on it to at least acknowledge what happened rather than pretend like it didn't happen.
Sengoko
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March 11, 2016, 04:08:58 PM
 #9

I think everyone who endorsed or shown support should write about this and apologize to their users and promise increased carefully and scrutiny on new topics rather than just pretending of not noticing and moving on without saying anything.
Kprawn
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March 11, 2016, 04:28:06 PM
 #10

The reason why they swept it silently under the rug, is because nobody cared to do their research and they just posted unconfirmed information. It is a major embarrassment and they want to keep

their hands clean, when the shit hits the fan. A lot of people might want to hold them liable for advertising this event, without checking their facts. If anyone dug a little deeper, they would have

known this was a scam from the start. {unconfirmed venue}   Roll Eyes

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EvanFaggart (OP)
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March 11, 2016, 06:15:55 PM
 #11

The reason why they swept it silently under the rug, is because nobody cared to do their research and they just posted unconfirmed information. It is a major embarrassment and they want to keep

their hands clean, when the shit hits the fan. A lot of people might want to hold them liable for advertising this event, without checking their facts. If anyone dug a little deeper, they would have

known this was a scam from the start. {unconfirmed venue}   Roll Eyes

Regardless, the best move would be to own up to the mistake instead of trying to hide it.
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