Info on sheep market scam / Fontas

[ExposeFontas]

This is an alternative account to protect myself.  I do not yet have the permissions to post on more relevant boards.  Mods please grant permissions.

The following is a copy/paste of the news on subreddit /r/litecoin:


2 weeks ago a twitter account @FontasBTC was tweeting people to PM for a private pump and dump group. He also at the time had wallet address

1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM

posted for "donations." Sure enough, 7 BTC were sent to this account. A scam. Following the money in the blockchain, Fontas sent this directly to what used to be his master
address

174psvzt77NgEC373xSZWm9gYXqz4sTJjn

He is now in the process of laundering his bitcoins. Anyone know how to keep track of them efficiently? Whether or not most of his BTC was earned illegally or not, he is now laundering BTC as police in other nations are slowly beginning to arrest BTC scammers more frequently.

edit: you can see the tweets of people who paid him for the private group never receiving information. Furthermore, @Fontase has denied his relationship with @FontasBTC
Edit 2: wow I just noticed an output in the blockchain labeled sheep market scam, that went to the address 174psvzt77NgEC373xSZWm9gYXqz4sTJjn which was used by @FontasBTC as a master wallet. This means either sheep market is using Fontas Identity to scam more coins or Fontas is involved with sheep market.

[Twenee]

This is an alternative account to protect myself.  I do not yet have the permissions to post on more relevant boards.  Mods please grant permissions.

The following is a copy/paste of the news on subreddit /r/litecoin:


2 weeks ago a twitter account @FontasBTC was tweeting people to PM for a private pump and dump group. He also at the time had wallet address

1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM

posted for "donations." Sure enough, 7 BTC were sent to this account. A scam. Following the money in the blockchain, Fontas sent this directly to what used to be his master
address

174psvzt77NgEC373xSZWm9gYXqz4sTJjn

He is now in the process of laundering his bitcoins. Anyone know how to keep track of them efficiently? Whether or not most of his BTC was earned illegally or not, he is now laundering BTC as police in other nations are slowly beginning to arrest BTC scammers more frequently.

edit: you can see the tweets of people who paid him for the private group never receiving information. Furthermore, @Fontase has denied his relationship with @FontasBTC
Edit 2: wow I just noticed an output in the blockchain labeled sheep market scam, that went to the address 174psvzt77NgEC373xSZWm9gYXqz4sTJjn which was used by @FontasBTC as a master wallet. This means either sheep market is using Fontas Identity to scam more coins or Fontas is involved with sheep market.

There is no need to ask mod to help you.
You will get the Jr Member title after making 1 post and waiting for 4 hours.

Seriously, people really need to think twice before trusting someone else.
Don't lose your mind if someone claims the deal is good.

[ExposeFontas]

I agree, there must be more awareness.  That is my goal in doing this.  He didn't steal from me but I'd like to 1) stop him from doing futher harm on twitter and b) prove that he is in fact the actual @fontase.

If you are not aware, @Fontase is a socialite, bitcoiner, trader, and market manipulator.  @Fontase, the famous guy, has openly denied being associated with @FontasBTC "the scammer."  Fontas may be a master manipulator but I think he forgot the blockchain knows where the money goes.

[Tommin]

I agree, there must be more awareness.  That is my goal in doing this.  He didn't steal from me but I'd like to 1) stop him from doing futher harm on twitter and b) prove that he is in fact the actual @fontase.

If you are not aware, @Fontase is a socialite, bitcoiner, trader, and market manipulator.  @Fontase, the famous guy, has openly denied being associated with @FontasBTC "the scammer."  Fontas may be a master manipulator but I think he forgot the blockchain knows where the money goes.

Thanks for the report.

Though all the transaction are public, it is not easy to trace where the money goes.
Say, if he send his money to casino A, withdraw it to exchange A, then withdrawal it to casino B, and lastly withdraw to his newly created personal wallet, you would have lost the trace completely.

Though owner of casino A may tell you something about its customer, it is impossible to get all the owners of different casinos and exchanges to help you.

[ExposeFontas]

I agree, there must be more awareness.  That is my goal in doing this.  He didn't steal from me but I'd like to 1) stop him from doing futher harm on twitter and b) prove that he is in fact the actual @fontase.

If you are not aware, @Fontase is a socialite, bitcoiner, trader, and market manipulator.  @Fontase, the famous guy, has openly denied being associated with @FontasBTC "the scammer."  Fontas may be a master manipulator but I think he forgot the blockchain knows where the money goes.

Thanks for the report.

Though all the transaction are public, it is not easy to trace where the money goes.
Say, if he send his money to casino A, withdraw it to exchange A, then withdrawal it to casino B, and lastly withdraw to his newly created personal wallet, you would have lost the trace completely.

Though owner of casino A may tell you something about its customer, it is impossible to get all the owners of different casinos and exchanges to help you.

I understand once the BTC goes to the tumblers it is difficult.  However Fontas made one critical error.  "Scammer" FontasBTC sent funds directly from 1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM to his big wallet 174psvzt77NgEC373xSZWm9gYXqz4sTJjn.  Had he instead sent them to BTC-E first, I would not have had the revelation to prove that FontasBTC is in fact Fontas.

The point is this is at the very least hard evidence that @FontasBTC is the relatively famous trader @Fontase despite his denial as such.  SO it is not necessarily important to track the money through the tumblers.

You can see that the wallet 174psvzt77NgEC373xSZWm9gYXqz4sTJjn has transaction history completely congruent with Fontas public figure up until he, only a day or so ago, began to be vehemently accused of using FontasBTC to scam people.

Regarding this as being part of sheep market scam however, I recently learned that a BTC-e wallet might be labeled as sheep market scam, so this would not necessarily connect Fontas with Sheep.  More info on that?  If its true that the sheep market wallet belongs to BTC-E or not?

[fartbags]

If there is a way to track BTC then I am pretty sure BTC is worthless. No one wants to be tracked. BTC to $0

[MAbtc]

Can you point to some sources that connect 174psvzt77NgEC373xSZWm9gYXqz4sTJjn to Fontas?

[ExposeFontas]

Can you point to some sources that connect 174psvzt77NgEC373xSZWm9gYXqz4sTJjn to Fontas?

Actually I just discoverred 174... is a BTC-E hot wallet and verified this by reviewing my own deposits to BTC-E.  Holy hell.

[scarsbergholden]

Can you point to some sources that connect 174psvzt77NgEC373xSZWm9gYXqz4sTJjn to Fontas?

Actually I just discoverred 174... is a BTC-E hot wallet and verified this by reviewing my own deposits to BTC-E.  Holy hell.

.....so what are you telling us?

[Squeaker]

He's telling us that his "proof" which linked both usernames together, just evaporated before his eyes and he is left with an unsubstantiated suspicion again.

(not saying he's wrong, he may still be correct that they're the same, he just can't prove it)

[ExposeFontas]

He's telling us that his "proof" which linked both usernames together, just evaporated before his eyes and he is left with an unsubstantiated suspicion again.

(not saying he's wrong, he may still be correct that they're the same, he just can't prove it)

I no longer know what to think.  When I began researching this, I was able to conclude a clear connection between the address FontasBTC handed out to scam people for a private pump club = 1FCzm...   and the wallet 174...that was all I had.

I found out afterward that 174 has bee identified as a BTC-E hot wallet.

Believe me, pressure on Fontas is increasing every day.  Fontas was known to be able to manipulate the markets of BTC-e readily.  Only days ago @FontasBTC had the address 1FCzm...showing to the general public on his twitter. It is now gone.

Meanwhile @Fontase's slogan went from "God of markets: let there be pump" to "High volume pump and dump" to "cryptocurrency speculation"

Look here: https://twitter.com/ActualAdviceBTC/status/408772790443970560

[ExposeFontas]

He's telling us that his "proof" which linked both usernames together, just evaporated before his eyes and he is left with an unsubstantiated suspicion again.

(not saying he's wrong, he may still be correct that they're the same, he just can't prove it)

No it didn't evaporate.  Not if the address with stolen money by @FontasBTC was able to deliver funds DIRECTLY into a BTC-E hot wallet.

When you make a deposit as a user of BTC-E, you will deposit to a small account address with will be npoticed to make a tx to 174...

I am saying this scammer (who totally isnt fontas) was able to depsosit funds from his scam wallet directly to 174.  Unless I am incorrectly reading the blockchain?

[ExposeFontas]

He's telling us that his "proof" which linked both usernames together, just evaporated before his eyes and he is left with an unsubstantiated suspicion again.

(not saying he's wrong, he may still be correct that they're the same, he just can't prove it)

I am saying twitter scammer took money he asked people to send to 1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM and was able to deposit it to BTC-E's internal wallet.  How could this be https://blockchain.info/address/1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM


https://twitter.com/FontasBTC/status/406214197073047554

[Grinderman]

Would have been an interesting link, pity it was a btc-e address

[ExposeFontas]

Would have been an interesting link, pity it was a btc-e address

No you don't understand.  If someone were depositing their money into BTC-E to speculate on coins, they dont send them to 174...

That is BTC-E internal wallet, or believed to be so.  This scammer sent the coins directly there, which is NOT what you'd be doing if you were just going to use BTC-E to launder your coins.

[ExposeFontas]

And fontas twitter is now gone.

NY times article connects @fontase with BTC-E and 1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM connects @FontasBTC with BTC-E's hot wallet.

Thus I am suggesting that @Fontase IS @FontasBTC, despite @Fontase's denial.  See?

[fartbags]

BTC is over. Apparently people can be traced with it. BTC is worthless garbage.

[ExposeFontas]

BTC is over. Apparently people can be traced with it. BTC is worthless garbage.

No true at all.  In general it is easy to hide still. This guy made a critical error, and was also manipulating so much money that he messed up.  He was only barely traceable and was an monster in the system.

[Squeaker]

He's telling us that his "proof" which linked both usernames together, just evaporated before his eyes and he is left with an unsubstantiated suspicion again.

(not saying he's wrong, he may still be correct that they're the same, he just can't prove it)

No it didn't evaporate.  Not if the address with stolen money by @FontasBTC was able to deliver funds DIRECTLY into a BTC-E hot wallet.

When you make a deposit as a user of BTC-E, you will deposit to a small account address with will be npoticed to make a tx to 174...

I am saying this scammer (who totally isnt fontas) was able to depsosit funds from his scam wallet directly to 174.  Unless I am incorrectly reading the blockchain?

Are you certain that the original address, that moved the coin to the 174 address, wasn't itself a BTCe deposit address?

That would make sense to me, as to why the transaction between the two happened.

[Squeaker]

And fontas twitter is now gone.

NY times article connects @fontase with BTC-E and 1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM connects @FontasBTC with BTC-E's hot wallet.

Thus I am suggesting that @Fontase IS @FontasBTC, despite @Fontase's denial.  See?

If the 1FC... address itself, is a BTCe deposit address, then there is nothing in itself suspicious about a transaction connecting it with the hot wallet, see?

This isn't proof.

I have also given out my deposit address to an exchange when I didn't want to wait to launch my client and wait for the block chain to catch up.

You haven't given any evidence to suggest that 1FC address isn't a deposit address, and is instead, an address in his own wallet.dat, while the transaction going from the 1FC address, directly to what is assumed to be BTCe's hot wallet, carries more weight to suggest that the 1FC address is a deposit address, and not one of his personal ones.

In fact, as I think about it more, giving out the deposit address directly, is the smarter move for a scammer, since the coin doesn't touch the personal wallet, makes it easier to launder.

I said earlier that I'm not saying you're wrong about both names being the same person. I am in no position to say so either way.

All I'm saying, is that you lack the evidence to support your suspicion at this point. Certainly not enough to prove it to a 3rd party.

[ExposeFontas]

And fontas twitter is now gone.

NY times article connects @fontase with BTC-E and 1FCzmB3DhsuzBSM4wKcfJoTLRAvMARRuXM connects @FontasBTC with BTC-E's hot wallet.

Thus I am suggesting that @Fontase IS @FontasBTC, despite @Fontase's denial.  See?

If the 1FC... address itself, is a BTCe deposit address, then there is nothing in itself suspicious about a transaction connecting it with the hot wallet, see?

This isn't proof.

I have also given out my deposit address to an exchange when I didn't want to wait to launch my client and wait for the block chain to catch up.

You haven't given any evidence to suggest that 1FC address isn't a deposit address, and is instead, an address in his own wallet.dat, while the transaction going from the 1FC address, directly to what is assumed to be BTCe's hot wallet, carries more weight to suggest that the 1FC address is a deposit address, and not one of his personal ones.

In fact, as I think about it more, giving out the deposit address directly, is the smarter move for a scammer, since the coin doesn't touch the personal wallet, makes it easier to launder.

I said earlier that I'm not saying you're wrong about both names being the same person. I am in no position to say so either way.

All I'm saying, is that you lack the evidence to support your suspicion at this point. Certainly not enough to prove it to a 3rd party.

I agree with you completely.  It makes sense if that address he gave is just a deposit address. 

[Kane49]

BTC is over. Apparently people can be traced with it. BTC is worthless garbage.

lol.

Peter Nincompoop has the unique address fartbags
No one in the world knows that Peter is fartbags
Peter goes on facebook: Hi, I'm fartbags

OMG, THE NICKNAME SYSTEM IS TRACEABLE

[Squeaker]

BTC is over. Apparently people can be traced with it. BTC is worthless garbage.

lol.

Peter Nincompoop has the unique address fartbags
No one in the world knows that Peter is fartbags
Peter goes on facebook: Hi, I'm fartbags

OMG, THE NICKNAME SYSTEM IS TRACEABLE

AHA!!!

I always suspected that was him!

[Yachte]

BTC is over. Apparently people can be traced with it. BTC is worthless garbage.

lol.

Peter Nincompoop has the unique address fartbags
No one in the world knows that Peter is fartbags
Peter goes on facebook: Hi, I'm fartbags

OMG, THE NICKNAME SYSTEM IS TRACEABLE

lol. That is really good