IOTA: Snake oil insecurity with a centralized kill switch to shut off your money

[ifinta]

ThatsABity trying to protect IOTA community and IOTA fundation against some questions of me... I think, this person dangerous and supports scammers - since many years!!!

https://blog.iota.org/iota-research-status-update-april-2020-f1c3576b57db

Many thanks Lauda, it is clear, it is a scam, but it exists victims also.
So I have some questions to the "IOTA community and IOTA fundation"......

- When will be the REAL-NET started?
((Exists a deadline already? What happens, if the deadline will be not possible to hold?))

- How are you able to guarantee, that EVERY TOKEN in the actual SCAM-REAL-NET (or TEST NET - after the market start ) was always correct transferred, no double-spends, no-lost was made...
((no log-data or source was about coordinator published... I think.))

- What are you planning with the actual SCAM-REAL TOKENS, offered to the market?
((mostly tokens in hand of insider trader already))

- What are you planning with original Investors, original token-owners before this SCAM-REAL-NET was started?
((About original investors, original token-owners:
They hoped a start of a real net, but it is clear since YEARS, IOTA today has only a SCAM-REAL-NET, and IOTA-NET was long run not a DLT project...
Only insider know'd some of the future changes, i.e. support of Bitfinex, support of EU, support and existence of "corporate members"... ))

I think, slowly a time to establish an IOTA-Legal group to invest a little in Legal proceedings against this SCAM, and against insider trading in it......

- Exists already a such Legal Group?

You sound confused man. Should search for help of some mental professional.

[Lauda]

ThatsABity trying to protect IOTA community and IOTA fundation against some questions of me... I think, this person dangerous and supports scammers - since many years!!!

If somebody wants to take a look, here's the profile link: https://bitcointalk.org/index.php?action=profile;u=1006152. If it turns out to be the case (I need time to evaluate), I will tag and flag him too.

[l8orre]

ThatsABity trying to protect IOTA community and IOTA fundation against some questions of me... I think, this person dangerous and supports scammers - since many years!!!

If somebody wants to take a look, here's the profile link: https://bitcointalk.org/index.php?action=profile;u=1006152. If it turns out to be the case (I need time to evaluate), I will tag and flag him too.

yay! on your witch hunts again, silly little loser?!

nice profession you have there 

[ifinta]

ThatsABity trying to protect IOTA community and IOTA fundation against some questions of me... I think, this person dangerous and supports scammers - since many years!!!

If somebody wants to take a look, here's the profile link: https://bitcointalk.org/index.php?action=profile;u=1006152. If it turns out to be the case (I need time to evaluate), I will tag and flag him too.

yay! on your witch hunts again, silly little loser?!

nice profession you have there 

Are you mean - ThatsABity doing a "witch hunts"? I think, it is the TRUTH, WELL. The "silly little loser" are the EU politicians, which supported IOTA? Sure also!!!

[ifinta]

FYI: ... I asking the moderator of IOTA thread to act again to correct the project - to implement it as feasible wisely and not support "members", posts - scam others in the future ...

But...
Back to work...
Please, CfB - do a real work AGAIN. I see, you trying to do, but ... I don't know, what STOPs YOU, I trying to support YOU AGAIN, for a REAL work, without ANY unnecessary discussion of shit...
I think, the TRUTH community support you (the admin of this thread), if you deciding to REALIZE IOTA as it feasible wisely...

You tweeted, I changed a little, I would like to get OPINIONS about it:



https://twitter.com/ifinta66/status/1254883978101825538

A "nice and respectful" environment on the twitter - around IOTA ...



And this "nice and respectful" environmnt is growing, and growing, and ... NICE. They are the "respectful" community???

[tyKiwanuka]

There are more and more voices wanting David Sønstebø to resign from IOTA Foundation. The driving force behind this is his ex-bff Sergey Ivancheglo aka Come-from-Beyond, who is butthurt about the IOTA protocol going in a different direction than he initially planned (mainly the binary vs trinary aspect).

Couple of weeks ago CfB already leaked a conversation between the two, which gives some interesting insight and additional information between the lines: What really happened before David Sonstebo and CFB parting ways (chat log)

In the Paracosm Discord a list popped up recently, which features an overview of "Potentially illegal or unethical behavior of the IOTA Foundation": https://www.notion.so/Potentially-illegal-or-unethical-behavior-of-the-IOTA-Foundation-83df131d43374a32be33ab15b38abdf8


Additional information:

JINN is a ternary processor. JINN needs IOTA, that is why IOTA was built. JINN labs was founded by David, CfB and an unknown third guy. JINN is said to be dead now, investors lost their money. Announcement JINN

Paracosm is a VR/AR gaming company from CfB. He has a gaming background and the purpose of building IOTA was to make his VR/AR vision become reality.

IoTIFY is part of Ternary GmbH, which is a company from David, registered in Switzerland, where an Indian guy is CEO.

[Lauda]

Couple of weeks ago CfB already leaked a conversation between the two, which gives some interesting insight and additional information between the lines: What really happened before David Sonstebo and CFB parting ways (chat log)

Tl;dr version?

[tyKiwanuka]

Tl;dr version?

Hehe, hard to give It's a conversation from November 2019 until February 2020. It covers IOTA Foundation internal things like nepotism, political agendas, power abuse, monthly costs. You have hints about shady things with token reclaims, clean addresses, lots of money (IOTA tokens) changing hands. Discussions about the IOTA protocal in general and how companies/partners are more and more disappointed with non-results from IF. You can read how David wants/wanted to push his private companies; what role JINN plays in this whole construct. And last but not least two friends splitting up, where one (David) comes over as mature, while the other (CfB) acts like a child.

It's really an interesting read overall, because it gives an insight what happens behind the curtains of a crypto project. And I guess this does not only happen inside IOTA, but with lots of crypto projects - and in "real life" companies & politics.

[Lauda]

Tl;dr version?

Hehe, hard to give It's a conversation from November 2019 until February 2020. It covers IOTA Foundation internal things like nepotism, political agendas, power abuse, monthly costs. You have hints about shady things with token reclaims, clean addresses, lots of money (IOTA tokens) changing hands. Discussions about the IOTA protocal in general and how companies/partners are more and more disappointed with non-results from IF. You can read how David wants/wanted to push his private companies; what role JINN plays in this whole construct. And last but not least two friends splitting up, where one (David) comes over as mature, while the other (CfB) acts like a child.

It's really an interesting read overall, because it gives an insight what happens behind the curtains of a crypto project. And I guess this does not only happen inside IOTA, but with lots of crypto projects - and in "real life" companies & politics.

David is a greedy and shady baboon, and CfB is a try-hard child that lacks the required expertise for cryptography related projects (although he just may be hurt from his friend succumbing to greediness). Got it. Thanks. I guess I will read it some time.

[Hund_cleanIOTA]

Hello,

My name is Hund.

I have decided to carry out an investigation into the management practices of the IOTA Foundation. I will be focusing on both potentially illegal and unethical behavior. The topics I am currently interested are the use of the IOTA Foundation resources for personal profit and the leadership practices of the members of the Board of Directors.

If you believe you have valuable information and wish to collaborate, please write to Hund at cleaniota@protonmail.com.

https://notion.so/cleaniota
https://notion.so/cleaniota/FAQ

[Hund_cleanIOTA]

Sergey Ivancheglo has published the Memorandum of Understanding that the Board of Directors of the IOTA Foundation signed five days after the 2018 Board leak.

https://www.notion.so/cleaniota/IOTA-Foundation-0c96e7936c164dfe9e8ef1218fe0e13a#327e67a54a314fa9bea3619add62543d

The revelations included in this document, make the "MoU leak" as big as the 2018 "Board leak" and the 2020 "Breakup leak".

In the 2018 Board leak, Ralf Rottmann said: “Just thinking about all of the other stuff that will come to light, makes me extremely worried”.

He later addressed the concerns of the community about this sentence.

https://www.reddit.com/r/Iota/comments/95qi3b/just_thinking_about_all_of_the_other_stuff_that/e3vg700/

The MoU sheds light on why Ralf Rottmann was "extremely worried". He feared that, in his struggle to control the Board, David Sønstebø could reveal sensitive personal information about Dominik Schiener, co-founder of the IOTA Foundation.

/cleanIOTA-Board-of-Directors]http://[Suspicious link removed]/cleanIOTA-Board-of-Directors

The MoU refers to IOTA AS and Jinn Labs as two separate entities. This contradicts David Sønstebø's claim to disgruntled Jinn investors that "Jinn Labs is IOTA AS". The MoU was signed by David Sonstebo himself.

https://www.notion.so/cleaniota/823de8eb6bee4ba78026d429957018a0#b19c32f251494b3483504c8341c6031d

Dominik Schiener said in the 2018 Board leak: "good luck. IOTA AS will have some serious legal issues with the advisor tokens and the impending tax audit. I am done with this. I am done with being threatened."

https://pastebin.com/482HVvPu

To avoid potential tax issues, the MoU established that all the proceeds from the "Big Deal Fund" would be owned by "Schiener & Sønstebø GbR", an unregistered partnership, and used to fulfil the advisor token "verbal" agreements, without the intervention of IOTA AS or the IF.

The MoU confirms that the IOTA Foundation transferred 0.5% of the total supply of IOTA "unclaimed" Tokens to IOTA AS, a company owned by David Sønstebø.

The MoU refers in several occasions to Serguei Ivancheglo as a shareholder of IOTA AS. Together with Sergey Ivancheglo's employment contract with IOTA AS, this contradicts David Sønstebø's recent claims stating that David Sønstebø is the sole owner of IOTA AS.

https://www.notion.so/cleaniota/9d007a5d94a6400abe057c327e566b1c#45b186ba0e334161b91732979d05600b

https://www.notion.so/cleaniota/823de8eb6bee4ba78026d429957018a0#05e6300b145d4decb117c356f6378183

I submitted the news about the "MoU leak" to r/Iota and r/IOTAmarkets. Both submissions have been removed by the moderators.

https://www.reddit.com/user/Hund_cleanIOTA

IOTA investors and members of the IOTA Community have a right to know about the MoU leak.

David Sønstebø should resign from the IOTA Foundation as soon as possible, for the sake of decency and for the good of IOTA.

[ThatsABity]

ThatsABity trying to protect IOTA community and IOTA fundation against some questions of me... I think, this person dangerous and supports scammers - since many years!!!

If somebody wants to take a look, here's the profile link: https://bitcointalk.org/index.php?action=profile;u=1006152. If it turns out to be the case (I need time to evaluate), I will tag and flag him too.

LOL. I'm not even involved with IOTA fondation. just invested in IOTA.

Just trying to fight misinformation. But go ahead, and try to frame me.

[JollyGood]

How is the investigation going? Did many people send valuable information to you anonymously?

Hello,

My name is Hund.

I have decided to carry out an investigation into the management practices of the IOTA Foundation. I will be focusing on both potentially illegal and unethical behavior. The topics I am currently interested are the use of the IOTA Foundation resources for personal profit and the leadership practices of the members of the Board of Directors.

If you believe you have valuable information and wish to collaborate, please write to Hund at cleaniota@protonmail.com.

https://notion.so/cleaniota
https://notion.so/cleaniota/FAQ

[ifinta]

How is the investigation going? Did many people send valuable information to you anonymously?

Hello,

My name is Hund.

I have decided to carry out an investigation into the management practices of the IOTA Foundation. I will be focusing on both potentially illegal and unethical behavior. The topics I am currently interested are the use of the IOTA Foundation resources for personal profit and the leadership practices of the members of the Board of Directors.

If you believe you have valuable information and wish to collaborate, please write to Hund at cleaniota@protonmail.com.

https://notion.so/cleaniota
https://notion.so/cleaniota/FAQ

I sent today some data i.e.
https://github.com/ifinta/iota-backups

[Hund_cleanIOTA]

How is the investigation going? Did many people send valuable information to you anonymously?

Yes. There are several people who have contacted me and shared valuable information. Sometimes it doesn't lead to anything, other times they help a lot.

This is going to take time. There are many angles to explore.

[Hund_cleanIOTA]

Circumstantial evidence points to Dominik Schiener, co-founder of the IOTA Foundation, being the criminal hacker known as Cystomatic aka. Alhalama.

Several pieces of evidence show the connection between the hacker Cystomatic (aka. Alhalama) and Dominik Schiener:

• Cystomatic created a MySpace account with the name "Dominik Schiener".
• Cystomatic announced a social media marketing project similar to Fileyy.com, Dominik Schiener's first startup.
• Cystomatic announced plans to relocate his Affiliate Marketing business (Fileyy.com?) to Malta. As Dominik Schiener, Cystomatic is Italian, speaks German, is a precocious entrepreneur, is working on an Internet Marketing project and is fond of tax havens.
• Cystomatic requests quote to create the logo for Fileyy.com. The winning logo was the same used by Fileyy.com and by Dominik Schiener in his LinkedIn page.

The following evidence shows that Cystomatic changed his name to Alhalama and, therefore, Cystomatic and Alhalama are the same person.

• In the Hack Forums, Cystomatic says "Nice, tell me again how much of a marketer you are, and how long your crypter will stay FUD". Cystomatic later changes his username to "Alhalama". However, another user has already quoted Cystomatic's sentence and, as a result, the connection between both usernames is revealed.
  
• Alhalama contact details are the same as Cystomatic's.

Crimes committed by Cystomatic aka. Alhalama include hacking and defacing websites, installing keyloggers, selling administration logins, selling site databases, and buying, using and selling remote access trojans.

• Alhalama hacks 11 sites on 6 June 2011.
• Alhalama defaces 2 sites on 12 June 2011.
• Alhalama hacks 1 site on 13 June 2011.
• Alhalama sells site admin logins and databases on 18 June 2011.
• Alhalama celebrates his success using the Rapzo Keylogger on 21 June 2011.
• Alhalama sells a Blackshades VPN and Blackshades RAT. Blackshades infects the victim's computer when the victim visits a malicious webpage (drive-by download). The FBI run operations in 2012 and 2014 to combat the use of Blackshades, which led to the arrest of near 100 people in 19 countries.

After starting IOTA, Dominik Schiener described his hacking experience:

"I started hacking computer games when I was 14 and then sold these modifications and earned a fair amount of income for my age and effort. With the money, I then tried to build an advertising platform"

"And so with that experience I started going on this quest, kind of hustling, like bring out what kind of product I should create to make money because at the time I really wanted to be independent. I wanted to make money so I don't rely on anyone".

The IOTA community and investors have the right to know this information. I have posted it in r/Iota and r/IOTAmarkets but the posts have been removed.

Sources:

• https://twitter.com/Hund_cleanIOTA/status/1274982149024878593
• https://steemit.com/crypto/@thinkexclamation/co-founder-of-iota-suspected-to-be-a-criminal-hacker
• https://www.notion.so/cleaniota/9961caf41c32421081b49564e08d4c23
• https://en.wikipedia.org/wiki/Blackshades
• https://www.crisp-research.com/interview-mit-dominik-schiener-co-founder-von-iota-08-03-2017/
• https://youtu.be/EXjCqT-oK9M?t=55

[ifinta]

Nice.
What I read about Dominik, it is really fantastic Congratulation!

Many thx Hund! I am curious what coming next.

[JollyGood]

I hope you have success in your investigations and hope you post updates here as and when you able to.

How is the investigation going? Did many people send valuable information to you anonymously?

Yes. There are several people who have contacted me and shared valuable information. Sometimes it doesn't lead to anything, other times they help a lot.

This is going to take time. There are many angles to explore.

[Hund_cleanIOTA]

I hope you have success in your investigations and hope you post updates here as and when you able to.

Thank you for your support. I will keep on posting here the main findings.

[redecision]

I am a victim of the hack of february 2020 I have lost 35Gi. Is there anything I can do ?