THE WALL OF SHAME

barabbas (OP)

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THE WALL OF SHAME

June 08, 2014, 06:53:02 AM

#1

The level of fraud, scamming and deceit in cryptos, and very specially in the more and more crowded field of alternative currencies, has reached levels that simple common sense would indicate that something's got to give. It is the responsibility of all those who believe cryptocurrencies are a real alternative to fiat, to protect the single most vulnerable aspect, the most damaging of all, the one that makes every "normal person" literally "run for the exits" when cryptocurrencies are mentioned. Everyone knows fraud and deception is rampant. There's no accountability of course -not yet anyway-, and therefore it is kind of inevitable. But it is our obligation, in my opinion, to police the field to the extent that we can, to protect the integrity of the world of alternative currencies. There will always be scamers and schemes to take other people's money, but at least those coming in with greed in their eyes and hope in their hearts, would have a thread that can show some obvious red flags before jumping into those scams that leave always victims and increase the bad reputation of cryptos. Even when caught pants down, all the scamers have to do, is change their handles and they remain anonymous. This has to stop. They also clear their announcement threads of "FUD", a clumsy pretext to delete "inconvenient" posts that otherwise would linger forever and would be available for research. So, not only are they always -or almost always- anonymous, but they always -or almost always- censor and delete posts on their threads that bring about inconvenient subjects, including potential details of their scams. The scams are protected; the devs, hidden under their anonymous and usually multiple handles, remain anonymous and ready for the usual rinse and repeat... well it's time for a little reckoning. Leveling the playing field somewhat, so to speak: Here's the WALL OF SHAME. Every con, every fraud, every red flag will be posted here. And no, the burden of proof will not be on the posters, but on the devs. Enough of this shitty situation in which they can and do hide under several veils with total impunity. A red flag will be enough. If someone deletes [posts and censors users on their threads, that would be their ticket to enter the WALL OF SHAME; If they delete posts that contains relevant questions that they prefer not to answer, they have gained their post on the WALL OF SHAME; if they say "no pre-mine" and there is in fact indications of other ways of accumulating the coins by taking advantage of their situation: WALL OF SHAME...

Everyone is free to act any which way they choose, but the WALL OF SHAME will be here to collect all the bad guys of crypto, their handles, their schemes, their coins and every other detail that other users would volunteer.

Lets level the playing field.

No more impunity.

Lets eliminate the bad players.

1.- Templar77, real name Carlos R. Torres Ferguson, out of Mexico DF and the shame behind, among others, Universitycoin, Grumpycoin, Libertycoin and, if it comes to fruition, the upcoming X coin. Read about him in the several different threads of those coins. In many of them you won't find hundreds of posts that have been censored, but you will find entire threads with his exploits and those of his associate, Loljosh. Be aware of these guys.

2.- The Doge of Wall Street, aka Eugene (Yevgeniy) Rokhlin and his associate St.GNU. The former is quite public -he participates usually in the "Blackcasts" on YouTube, the later prefers to remain anonymous. He is the "Don" at Blackcoin and there are substantive charges about him/them pre-mining (to the tune of almost half the entire float of BC) the "no pre-mine" Blackcoin. Besides that, they own the multipool that services Blackcoin, as a separate business and used to "strategically buy BC in the open exchanges... when convenient". Convenient, one assumes, for the Don and his "group of investors" (that would be The Black Hand, a group of investors who operates in cahoots with Rokhlin and St.GNU and that in fact determines all the strategies from the inside. This is an organized group, represented by morituri13/dognip in the community (the guy in the infamous flower pants picture of Soepkip), who "donates" to the pool the Titan miner, for instance, and, obviously, determines when and ad what price the pool buys in to proceed with the usual pumps and dumps that are the base of the income of The Black Hand. Meanwhile, The Don and St.GNU continue dumping their estimated 35-40 million blackcoins premined acquired in the early hours/days of the PoW period. There's plenty of info about the schemes all over Bitcointalk, but don't expect anything remotely in that direction in any of the current managed threads other than the ones dedicates to exposing it specifically: The censor, with extraordinary dilligence, every post that even remotely points in that direction.

3.- This is a new one, the most recent: CLOAK. His dev is "Alty", who also uses the handle "TheDagger". He may or may not have pre-mined (still some PoW as of this writing pending), but he certainly doesn't answer pertinent uncomfortable questions like the one about a charge that while the two initial dedicated pools had a hashing rate of less than 20MH, the entire network boasted in excess of 20GH... Mind you, that is a situation that could happen without any devious scheme going on. Nor very usual but certainly possible. But if that were teh case, would you, as a clean dev, take advantage of the opportunity to explain that you in fact are only responsible for "x" amount of the 20GH+...AND show clear proof of it to dispel any doubts? Now if, on the contrary, you not only avoid to provide an explanation but quickly proceed to delete the posts and ban any questioner from the IRC channel, wouldn't that raise a significant red flag? It is certainly not the best way to provide confidence, trust and transparency, is it? So, since it is very cowardly to not just avoid the questions but delete the posts so others don't pose the same lingering questions, the playing field is leveled: If "Alty" or "The Dagger" provide proof positive they did not pre-mine CLOAK, they (he) will be taken down from the WALL OF SHAME. If not, here it is for everyone to be aware (and cautious) about it.

peled1986

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