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Author Topic: Auroracoin incredible scam exposed  (Read 6774 times)
forlackofabettername (OP)
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November 29, 2014, 04:06:51 AM
Last edit: November 30, 2014, 08:20:47 AM by forlackofabettername
 #1

Check on aurora thread what has been dug up.

Balduro is giving himself millions in premine because he is doing the airdrop without supervision on trust-basis (lmao)

Read that thread. Last 6 to 8 pages.

Blockchain evidence has been uncovered

He wanted to ripp all iceland off their money! Rippoff a whole nation!

Imagine him holding 40% or more (he is likely holding up to 85%) of the coins pretending they were airdropped when in reality he moved them inside the chain between adresses to make the impression as if but still controls them privately to dump them later on speculators and the icelandic public.
HUGE SCAM!

This is the biggest scam that has ever happened in altcoins!

The media is going to be all over it. It'll damage all of crypto investements - even Bitcoin! Auroracoin needs to be shut down ASAP!

https://bitcointalk.org/index.php?topic=446062.4600


"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
Spoetnik
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November 29, 2014, 11:38:05 AM
 #2

I hope he gets arrested by the FBI

I really do i hate the AUR pricks and their shitty scam coin ..fuck 'em cya in jail assholes !
hey cops need any help arresting them.. not a problem let me know i am at your full disposal  Cool

Unless the little scammer Danny is busy suing me over the million dollar Blocknet scam token.. then i might be a bit busy LOL

I guess while i wait for my lawsuit i will hand over my life savings to Ripple fags..

mutha fuckin' Lambo's yaaaaaaaaaaaaaaaaaaaaaaaaaa'll liek OMG to da fucking Moon !

So much faggotry and such loose assholes.. how much more cock can we all take in the ass ?

FUD first & ask questions later™
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November 29, 2014, 11:46:15 AM
 #3



lol spoetnik Smiley

[...]
So much faggotry and such loose assholes.. how much more cock can we all take in the ass ?
TaunSew
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November 29, 2014, 11:52:32 AM
 #4

Link is authentic by the way, even though it's an one post newbie.

Wasn't the Aurora coin some New Yorker?  Same guy who created the Maple Coin and other obvious scam $hitcoins earlier in the year.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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November 29, 2014, 01:35:28 PM
 #5

This is the biggest scam that has ever happened in altcoins!

The media is going to be all over it. It'll damage all of crypto investements - even Bitcoin! Auroracoin needs to be shut down ASAP!

Does it really matter? It's not March 2014 anymore.

Auroracoin is dead (sad but true). It was a failed experiment and probably has little to no chance of ever succeeding now. It isn't even listed on the first page of CMC anymore and it's market cap is worth less than the price of a used Audi.
forlackofabettername (OP)
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November 29, 2014, 05:21:29 PM
Last edit: November 29, 2014, 05:45:58 PM by forlackofabettername
 #6

paste evidence here:

4million coins in a block worth a look at:
https://chainz.cryptoid.info/aur/block.dws?75919.htm

This adess is second layer:
https://chainz.cryptoid.info/aur/address.dws?AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2.htm

25000 coin in airdrop collect in this adress.
This adress actually received 71k coins from airdrops!



ANArcr1CNx15LeTVmTcTDowX7GzkXsk5yV

500000 coins received by that adress in airdropcoins.


another one

https://chainz.cryptoid.info/aur/address.dws?AYEkRf9fNbLVkCTjHBpKHZD1X578TaYK6g.htm

received 45000 coins from airdrops



500k coins claimed from drops moved through here:
https://chainz.cryptoid.info/aur/address.dws?ANArcr1CNx15LeTVmTcTDowX7GzkXsk5yV.htm


chain is full of it. Same patterns.

The scam is happening right in front of you. You can watch it live on the explorer.

this adress received 6000 coins from airdrop
https://chainz.cryptoid.info/aur/address.dws?AT1bkFXFYhEGsrATskJzZiYbfHkcbqqzLJ.htm

coins end up here:
https://chainz.cryptoid.info/aur/address.dws?ANArcr1CNx15LeTVmTcTDowX7GzkXsk5yV.htm

this transaction:
https://chainz.cryptoid.info/aur/tx.dws?211010.htm


This adress claimed three airdrops of 636 coins each in 5 minutes:

https://chainz.cryptoid.info/aur/address.dws?Ad9qMmufMbEz6F6sfxK3KQDJVc1wK8sDLW.htm

this is another adress that received 5 airdrops today
51000 coins from airdrops in total:

https://chainz.cryptoid.info/aur/address.dws?AYEkRf9fNbLVkCTjHBpKHZD1X578TaYK6g.htm

this one received 11 airdrops in 3 days:
https://chainz.cryptoid.info/aur/address.dws?Ack19fieKXnBJBowaZpSAkpgub9FTdorFM.htm


This adress claimed couple of airdrops:
https://chainz.cryptoid.info/aur/address.dws?ALXEhY26XuPPgb2ai5cQu5qraKRHdVEu94.htm

outgoing transactions from there bring you to this adress with 100.000 coins in it:

https://chainz.cryptoid.info/aur/address.dws?Ad9my6SJaSa2EJBfdfgafjm87j9XPNVYvx.htm


this is all dug up relatively effortless. It's really out in the open.

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
djm34
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November 29, 2014, 05:52:21 PM
 #7

thanks for asking us to read at least 7 pages of unrelated material  Grin
Apparently this seems to have only started to happen today and the coin is dead since months...

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BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
forlackofabettername (OP)
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November 29, 2014, 05:57:50 PM
Last edit: November 29, 2014, 06:10:14 PM by forlackofabettername
 #8


Apparently this seems to have only started to happen today and the coin is dead since months...

this happens all year already but starts to be uncovered just recently.


check this adress:

https://chainz.cryptoid.info/aur/address.dws?AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2.htm

and this outgoing transaction:
https://chainz.cryptoid.info/aur/tx.dws?207745.htm

150000 coins from airdrops in one transaction - and that one happend on 1st of september even before the claiming of 636 coins started

following this transaction from 1st september

these 150k coins end up in this transaction for  200k on the 9th sept:
https://chainz.cryptoid.info/aur/tx.dws?212414.htm

end up here in this adress with 450000 coins:

https://chainz.cryptoid.info/aur/address.dws?AT48a2R6w4Ebk8yYxqWE6fjFBKSqACcJy5.htm

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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November 29, 2014, 06:42:36 PM
 #9

Link is authentic by the way, even though it's an one post newbie.

Wasn't the Aurora coin some New Yorker?  Same guy who created the Maple Coin and other obvious scam $hitcoins earlier in the year.


AnonymousPirate was in on Mazacoin and then went on to Maple and god-only-knows how many more.

Aurora kicked off a wave of country coins most of which were shitcoins. I don't think it was the same team.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
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November 29, 2014, 06:59:27 PM
 #10

Link is authentic by the way, even though it's an one post newbie.

Wasn't the Aurora coin some New Yorker?  Same guy who created the Maple Coin and other obvious scam $hitcoins earlier in the year.


AnonymousPirate was in on Mazacoin and then went on to Maple and god-only-knows how many more.

Aurora kicked off a wave of country coins most of which were shitcoins. I don't think it was the same team.

Wasn't the aurora coin dev anonymous like most of the other country coin devs? I dare say there were probably multiple devs releasing multiple country coins under different newbie accounts, but it would be hard to figure out which newbie accounts belong to the same dev.
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November 29, 2014, 07:07:16 PM
 #11

this is just insane and thats the reason of crypto downfall. Never seen so much scams  Roll Eyes
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November 29, 2014, 07:37:06 PM
 #12

this is just insane and thats the reason of crypto downfall. Never seen so much scams  Roll Eyes

If you listen to some people you would never have invested in that once it was out.
Like in the real world its unwise to invest in something you don't understands.
I never invested in aurora or any other country coins. But a lot of people lost confidence in crypto because of these scams.
forlackofabettername (OP)
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November 29, 2014, 07:56:21 PM
Last edit: December 01, 2014, 06:52:07 PM by mprep
 #13

block broadcast minutes ago. https://chainz.cryptoid.info/aur/block.dws?76194.htm

what can be found there:

this adress receives airdrops:
https://chainz.cryptoid.info/aur/address.dws?AdM67QbqBBgAeHNiYHRaWRVmUk1WMdUy5a.htm

on that adress old outgoing transaction:
https://chainz.cryptoid.info/aur/tx.dws?208503.htm

now look at that! This can't be denied. 95 inputs directly from airdrops in one transaction worth 30000 coins ending up at an adress which contains 273k coins.


these two linked adresses are also interesting:
https://chainz.cryptoid.info/aur/address.dws?AYEkRf9fNbLVkCTjHBpKHZD1X578TaYK6g.htm

it links to here:
https://chainz.cryptoid.info/aur/address.dws?AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2.htm


Auroracoin is the biggest scam pulled on this board ever! The airdrop is in large parts staged. Balduro, the initiator of this scam who is hiding himself controls most of the supply of the coin and tries to launder the premine to his private adresses to later dump the coins on unsuspecting speculators and the people of iceland! It's about robbing a whole nation of their hard earned money! This must be stopped!

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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November 29, 2014, 08:49:50 PM
 #14

I made bank on Auroracoin personally. What did people buying at 60 dollars a coin think it was going to do but crash?

The sad one is Mazacoin, the dev is still out there trying to get his 15 satoshi coin adopted by the Lakota, how many devs are still that committed months later?
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November 29, 2014, 08:56:31 PM
 #15

this is just insane and thats the reason of crypto downfall. Never seen so much scams  Roll Eyes

If you listen to some people you would never have invested in that once it was out.
Like in the real world its unwise to invest in something you don't understands.

you don't seem to understand the problem here....its not users stupidity, its the number of scams is now so great that it will shake the bitcoin foundation and send all this market to hell, ruin crypto, and btc will be worth 0.000001$

might as well trade in TF2 keys
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November 29, 2014, 10:45:03 PM
 #16

this is just insane and thats the reason of crypto downfall. Never seen so much scams  Roll Eyes

If you listen to some people you would never have invested in that once it was out.
Like in the real world its unwise to invest in something you don't understands.

you don't seem to understand the problem here....its not users stupidity, its the number of scams is now so great that it will shake the bitcoin foundation and send all this market to hell, ruin crypto, and btc will be worth 0.000001$

might as well trade in TF2 keys

I agree. The scams are killing altcoins, and bitcoin to a lesser degree.

This is also proving decentralized currencies do not work. Look at bitcoin hacking, scams, and thievery. Decentralized = license to steal.

I hate to say it but our banking and monetary systems exist for a reason - we trust them. I know my fiat is safe in the bank. I know it will be there tomorrow and the day after despite robbery and hacking.

Until the ordinary person can own and use cryptocurrencies with the same sense of security they do using their bank, cryptocurrencies will continue to die off.

I've weaned myself off trading altcoins. The old ones have lost value and the new ones have a week of glory then die.  A good coin today can be killed off tomorrow by Fud or scam. Its just too risky now. By the looks of the markets others must feel the same.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
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November 29, 2014, 10:57:13 PM
 #17



I've weaned myself off trading altcoins. The old ones have lost value and the new ones have a week of glory then die.  A good coin today can be killed off tomorrow by Fud or scam. Its just too risky now. By the looks of the markets others must feel the same.

have to say i am still trading alts profitable but i also care a great deal about a clean coin (no scam, premine, malware or anything ugly)
This is very risky investing and the new coins fail 90%
The old coin that are proven not a scam need more support now.

About Aurora:
could have been a nice coin but the greed and scammery killed it.

Most of coins fail because of the greed of the creator. It is actually 96% of cases the greed of the creator that kills the coin or makes it deadborn. The other 4% of fails is technical reasons.

When buying coins you need to be very paranoid to protect you. Around here: always assume the worst and expect only greed and lies from people.
The clowns at aurora thread asking people to trust them Balduro would be not cheating in the airdrop are pretty shady too.

He said "i know this is hard to accept but you would have to trust us" LMAO

all i see at auroracoin is scammers protecting scammers
that shit is very commen around here.
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November 29, 2014, 11:16:47 PM
 #18

Please it's not like I didn't tell people *EXACTLY* this 9 months ago when it launched.

~BCX~


Auroracoin is a scam and here is why  March 08, 2014

https://bitcointalk.org/index.php?topic=545475.0


Auroracoin Scam March 29th

https://bitcointalk.org/index.php?topic=545475.msg5955259#msg5955259






hehe. BCX knew it back then.
forlackofabettername (OP)
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November 30, 2014, 07:32:11 AM
Last edit: November 30, 2014, 08:50:23 AM by forlackofabettername
 #19

ongoing documentation:

this adress is particular active today. It is receiving now all the premine that was collected the last days to these other smaller adresses:

https://chainz.cryptoid.info/aur/address.dws?AYEkRf9fNbLVkCTjHBpKHZD1X578TaYK6g.htm

collected coins from airdrops to this one adress since yesterday: 20.000 (in 24h)


this adress is linked to it and shows activity too:
https://chainz.cryptoid.info/aur/address.dws?AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2.htm

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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November 30, 2014, 07:56:28 AM
 #20

That what happens when devs don't have a Board to monitor their every move.

Sad just sad!

Make BTC every hour click here: https://www.btc-i24.com/connect-bitman15
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November 30, 2014, 09:25:54 AM
 #21

Ah lol aurora is still here. I found an old pm I got im march on btc-e  Grin 

I guess it was to be clear for an half year ago that aurora is a scam



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November 30, 2014, 05:47:50 PM
 #22

Please it's not like I didn't tell people *EXACTLY* this 9 months ago when it launched.

~BCX~

Auroracoin is a scam and here is why  March 08, 2014

https://bitcointalk.org/index.php?topic=545475.0

Auroracoin Scam March 29th

https://bitcointalk.org/index.php?topic=545475.msg5955259#msg5955259


hehe. BCX knew it back then.

I knew it fifteen minutes from when I started looking into it, the week it was announced.  Fifteen minutes to contact an acquaintance in Iceland.  "Any merchants been contacted?  Heard anything?"  "Nope!"  "*sigh*"  Done back-asswards for a reason, why?  Why the hurry?  Why the strict adherence to unreasonable deadlines??  Why not wait, sus things out, TALK TO THE LOCALS, and Get It Right!!!

Auroracoin = Springtime for Hitler
Built to fail

Now... I hope all this isn't lost on you Urocoin disciples.

In chaos lies opportunity.
forlackofabettername (OP)
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November 30, 2014, 06:05:55 PM
 #23

this received couple of airdrops today:
ALTDfdRoDeAcczUgkG7cbpFZkHN74VfE3d

sends it on to AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2

i think i have not seen a single legitimate claim of an airdrop today. Everything goes to the same 10 to 15 adresses of which 13 send on to the other two.

all airdrops of today more or less are linked to

AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2

and

AYEkRf9fNbLVkCTjHBpKHZD1X578TaYK6g


the wallets receiving premine today and not linked to these two adresses yet, will be linked to them within 72 hours.

these two adresses claim airdrops and receive same time airdrops from other adresses which claim on the same blocks even. So pretty much every claim of an airdrop you saw yesterday and today (and will keep seeing) will end up in one of the two adresses above.


Auroracoin airdrop is predictable. This is a huge bust.


the two adresses shown above link even to each other:

txid:
26b7626bbbbdcee4d60af6d5521bd4bfc4778c8dc708ea4e151d1baab525bbf0

https://chainz.cryptoid.info/aur/tx.dws?308535.htm


"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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November 30, 2014, 06:47:59 PM
 #24


Now... I hope all this isn't lost on you Urocoin disciples.

In chaos lies opportunity.


GES is a real company with a history older than Bitcoin itself, the dev paid thousands of dollars out of his own pocket to fly supporters to Hong Kong, how this can compare to an anonymous dev with an enormous premine is beyond me.
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November 30, 2014, 07:19:35 PM
 #25

Being how this industry is only a few years old, people need to calm down. Pick and choose. Any new currency is at the mercy of those who prey. As a US citizen, I understand that my government, just like most strong governments, tries to ruin the currency of our enemies. 'Scams' and whatnot are all part of the deal
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November 30, 2014, 10:59:07 PM
 #26


Now... I hope all this isn't lost on you Urocoin disciples.

In chaos lies opportunity.


GES is a real company with a history older than Bitcoin itself, the dev paid thousands of dollars out of his own pocket to fly supporters to Hong Kong, how this can compare to an anonymous dev with an enormous premine is beyond me.

"how this can compare to an anonymous dev with an enormous premine is beyond me. "

I agree.
a fool and his money ...
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January 01, 2015, 06:37:19 AM
 #27

the auroracoin website from which people claim the airdrop did expire and could not be reached. Nobody should have been able to claim coins while the website was down.
But the airdrop did still continue regardless and could be observed on the blockexplorer.

So what more prove is needed?

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January 01, 2015, 07:23:23 AM
 #28

Every single indicator of a scam that is now beyond any deniability was readily apparent upon launch.

The first clue was the refusal of Balduro and the AUR Dev Team to allow any third party monitoring or control over the premine. The claim was "no one could be trusted with that large of a sum of coins". He refused even after several people offered to prove well established real life identities backed by years of real life trust to oversee the premine and airdrop.

The second huge red flag was unwillingness to publicly identify himself or any member of his team. His claims that Iceland Government would have him killed.

The third major red flag was that the "Airdrop" itself was a "Logistics Impossibility"

There were many other huge redflags ignored by the hysteria of $95.00 Auroracoins.


The truth of the matter is,


Auroracoin was not the first and definitely will not be the last scam pulled on the masses via altcoins.



~BCX~
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January 01, 2015, 07:52:35 AM
 #29

For a moment I thought somebody had bumped a thread from March / April but this was created in November?   Huh  

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forlackofabettername (OP)
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April 28, 2015, 05:12:20 AM
 #30

bump for the aurora pump  Wink

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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April 28, 2015, 02:29:14 PM
Last edit: April 28, 2015, 02:44:24 PM by solid12345
 #31

I think BCX owes Balduro an apology, the man delivered on his word to burn the premine

https://chainz.cryptoid.info/aur/address.dws?381028.htm

http://www.reddit.com/r/auroracoin/comments/33iogi/aurburnaurburnaurburnaurburn7es4rs_balduro_a_man/cqmea0y
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April 28, 2015, 06:11:13 PM
 #32


He burned the remaining premine after getting caught laundering it. Likely he still holds 70%+ of the coin. The evidence here in the thread shows he laundered millions of coins to himself. Again: he burned the remaining premine, not the premine that was already distributed (mainly to himself).
The adresses shown here in the thread almost all still contain coins which most likely are under his control.
Nothing was burned besides the undistributed premine. Doesn't change the fact that he for almost a year mainly claimed the premine himself trying to give the impression it was the people of iceland.

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May 01, 2015, 05:03:13 PM
 #33

even wikipedia says it's a scam:

http://en.wikipedia.org/wiki/Auroracoin

"It is widely regarded as a scam coin."

Who ever looses money on it deserves to do so because they didn't do their due dilligence.

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May 01, 2015, 08:25:57 PM
 #34

http://digiconomist.net/dogeconomics/auroracoin-exposed/

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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May 01, 2015, 11:50:06 PM
 #35

even wikipedia says it's a scam:

http://en.wikipedia.org/wiki/Auroracoin

"It is widely regarded as a scam coin."

Who ever looses money on it deserves to do so because they didn't do their due dilligence.

I noticed its gone up 21.95% today and had $4,356 worth of business. I'm surprised people are still buying it.
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May 02, 2015, 12:27:04 AM
 #36

Check on aurora thread what has been dug up.

Balduro is giving himself millions in premine because he is doing the airdrop without supervision on trust-basis (lmao)

Read that thread. Last 6 to 8 pages.

Blockchain evidence has been uncovered

He wanted to ripp all iceland off their money! Rippoff a whole nation!

Imagine him holding 40% or more (he is likely holding up to 85%) of the coins pretending they were airdropped when in reality he moved them inside the chain between adresses to make the impression as if but still controls them privately to dump them later on speculators and the icelandic public.
HUGE SCAM!

This is the biggest scam that has ever happened in altcoins!

The media is going to be all over it. It'll damage all of crypto investements - even Bitcoin! Auroracoin needs to be shut down ASAP!

https://bitcointalk.org/index.php?topic=446062.4600



If you think the devs are really scammers.  Please post here https://bitcointalk.org/index.php?topic=1044229.0

R


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Eggert
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May 02, 2015, 05:34:22 PM
 #37

even wikipedia says it's a scam:

http://en.wikipedia.org/wiki/Auroracoin

"It is widely regarded as a scam coin."

Who ever looses money on it deserves to do so because they didn't do their due dilligence.

I noticed its gone up 21.95% today and had $4,356 worth of business. I'm surprised people are still buying it.


I am from Iceland and this is a big scam, very well orchestrated to make the developer look innocent. Keep up the good work to warn people, they have a couple people pumping the coin to give it attention as they going to release code and with only a few coins in circulation they can inflate the price.

If these people truly cared about crypto currencies they would of started a new coin for Iceland which is fair and transparent, now they try to be transparent with full bags.
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May 02, 2015, 10:22:50 PM
 #38

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.
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May 02, 2015, 10:42:27 PM
 #39

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.

2%? More like 60%+

Take a good look at the blockchain.

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May 05, 2015, 12:16:17 AM
 #40

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.

2%? More like 60%+

Take a good look at the blockchain.
I did, where is the 60%+ hidden?
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May 06, 2015, 02:28:04 AM
 #41

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.

2%? More like 60%+

Take a good look at the blockchain.
I did, where is the 60%+ hidden?

In the adresses shown in this thread aswell as the adresses linked to it plus a whole lot of adresses that escaped attention. Exact blockchain forensics will take many hundred of hours to determine the exact amount of laundered premine.

This wallet is just one possible example:
https://chainz.cryptoid.info/aur/wallet.dws?15531.htm

It's also logical the ones who benefited and still benefit from the scam are now eager to whitewash it.

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May 06, 2015, 09:39:59 AM
 #42

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.

2%? More like 60%+

Take a good look at the blockchain.
I did, where is the 60%+ hidden?

In the adresses shown in this thread aswell as the adresses linked to it plus a whole lot of adresses that escaped attention. Exact blockchain forensics will take many hundred of hours to determine the exact amount of laundered premine.

This wallet is just one possible example:
https://chainz.cryptoid.info/aur/wallet.dws?15531.htm

It's also logical the ones who benefited and still benefit from the scam are now eager to whitewash it.
If i thought this was a scam i would walk away from this project.

You do realize you are pointing to an exchange wallet. What i have seen from you are random numbers you throw out and to me it looks more like fUD than facts. I am not saying you are wrong, just not very convincing argument. I do own aur and yes i will gain from it rising in value.
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May 06, 2015, 11:48:49 AM
Last edit: May 06, 2015, 12:03:56 PM by Pecunia non olet
 #43

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.

2%? More like 60%+

Take a good look at the blockchain.
I did, where is the 60%+ hidden?

In the adresses shown in this thread aswell as the adresses linked to it plus a whole lot of adresses that escaped attention. Exact blockchain forensics will take many hundred of hours to determine the exact amount of laundered premine.

This wallet is just one possible example:
https://chainz.cryptoid.info/aur/wallet.dws?15531.htm

It's also logical the ones who benefited and still benefit from the scam are now eager to whitewash it.
If i thought this was a scam i would walk away from this project.

You do realize you are pointing to an exchange wallet. What i have seen from you are random numbers you throw out and to me it looks more like fUD than facts. I am not saying you are wrong, just not very convincing argument. I do own aur and yes i will gain from it rising in value.

Like has been said: your attempts to whitewash the scam are obvious. That "exchange wallet" was claiming a heck lot of airdrops, didn't it? Do you have evidence to prove your claim this would be an exchange wallet? No, you don't. You just throw it out there as a statement without any evidence. I'm not here to convince you,because you likely are not convincible as a bagholder that you are. All evidence is there out in the open for those willing to do their due dilligence. In case you are biased because you are bagholding it, that's ok too but just don't try to whitewash it with more lies in order to draw more people into that scam because that's criminal behaviour and actually a felony by law and can be severly punished. Unregulated markets don't mean fraud is permitted.
If you are knowingly advertising a fraudulent investement, you are commiting a crime.

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May 06, 2015, 01:37:02 PM
 #44

the wikipedia article was updated. the "It is widely regarded as a scam coin" sentence was removed and this sentence added: "On April 22, 2015 in accordance with the original airdrop plan, the unclaimed pre-mined coins were verifiably 'burned' or made inaccessible by being sent to the address AURburnAURburnAURburnAURburn7eS4Rf."


◯ ◯ ◯ ◯

>>>>>> LAUNCHED: RAPECOIN - YOU CAN'T SAY NO TO THIS COIN <<<<<<

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May 06, 2015, 08:09:43 PM
 #45

Lol I remember when this coin had like $700 million "market cap" on coinmarketcap.
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May 06, 2015, 08:12:13 PM
 #46

one of the biggest scam ever.
but i remember when I mined some AUR with my scrypt miner, and I miss those times... Cry

Roll a dice FOR FREE every hour, and win up to $200 in btc ---> CLICK HERE

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May 07, 2015, 10:05:40 PM
 #47

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.

2%? More like 60%+

Take a good look at the blockchain.
I did, where is the 60%+ hidden?

In the adresses shown in this thread aswell as the adresses linked to it plus a whole lot of adresses that escaped attention. Exact blockchain forensics will take many hundred of hours to determine the exact amount of laundered premine.

This wallet is just one possible example:
https://chainz.cryptoid.info/aur/wallet.dws?15531.htm

It's also logical the ones who benefited and still benefit from the scam are now eager to whitewash it.
If i thought this was a scam i would walk away from this project.

You do realize you are pointing to an exchange wallet. What i have seen from you are random numbers you throw out and to me it looks more like fUD than facts. I am not saying you are wrong, just not very convincing argument. I do own aur and yes i will gain from it rising in value.

Like has been said: your attempts to whitewash the scam are obvious. That "exchange wallet" was claiming a heck lot of airdrops, didn't it? Do you have evidence to prove your claim this would be an exchange wallet? No, you don't. You just throw it out there as a statement without any evidence. I'm not here to convince you,because you likely are not convincible as a bagholder that you are. All evidence is there out in the open for those willing to do their due dilligence. In case you are biased because you are bagholding it, that's ok too but just don't try to whitewash it with more lies in order to draw more people into that scam because that's criminal behaviour and actually a felony by law and can be severly punished. Unregulated markets don't mean fraud is permitted.
If you are knowingly advertising a fraudulent investement, you are commiting a crime.


I do not throw out statements, i investigated the block chain, backtracked my withdrawal from cryptsy and know this is their wallet. I am not trying to convince you either, if you have some facts it is a scam please present them. We will investigate and i will be the first to admit if you present something solid . If you don´t like people answering your just say so.
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May 09, 2015, 07:54:31 AM
 #48

According to one or the articles last year it says

can be observed that between one and a half and two percent of all available Auroracoin Airdrop coins have likely been fraudulently acquired so far.

Can we get an actual tally on how many coins are supposedly fraudulent? Because I'd argue if it is really only 1-2% that is actually a pretty low amount, I'm sure the Dash, Monero and SDC devs hold a much greater percentage of their own coin than 1-2% for instance.

Even it the dev had questionable intentions, I think a community takeover can stomach 2% of coins being dumped on the market and that is much preferable to just starting from scratch. If Balduro gets his small cut, so be it, he still came up with the idea and 2% is not exactly an unfair amount for a dev to hold.

2%? More like 60%+

Take a good look at the blockchain.
I did, where is the 60%+ hidden?

In the adresses shown in this thread aswell as the adresses linked to it plus a whole lot of adresses that escaped attention. Exact blockchain forensics will take many hundred of hours to determine the exact amount of laundered premine.

This wallet is just one possible example:
https://chainz.cryptoid.info/aur/wallet.dws?15531.htm

It's also logical the ones who benefited and still benefit from the scam are now eager to whitewash it.
If i thought this was a scam i would walk away from this project.

You do realize you are pointing to an exchange wallet. What i have seen from you are random numbers you throw out and to me it looks more like fUD than facts. I am not saying you are wrong, just not very convincing argument. I do own aur and yes i will gain from it rising in value.

Like has been said: your attempts to whitewash the scam are obvious. That "exchange wallet" was claiming a heck lot of airdrops, didn't it? Do you have evidence to prove your claim this would be an exchange wallet? No, you don't. You just throw it out there as a statement without any evidence. I'm not here to convince you,because you likely are not convincible as a bagholder that you are. All evidence is there out in the open for those willing to do their due dilligence. In case you are biased because you are bagholding it, that's ok too but just don't try to whitewash it with more lies in order to draw more people into that scam because that's criminal behaviour and actually a felony by law and can be severly punished. Unregulated markets don't mean fraud is permitted.
If you are knowingly advertising a fraudulent investement, you are commiting a crime.


I do not throw out statements, i investigated the block chain, backtracked my withdrawal from cryptsy and know this is their wallet. I am not trying to convince you either, if you have some facts it is a scam please present them. We will investigate and i will be the first to admit if you present something solid . If you don´t like people answering your just say so.

So go ahead and show us evidence you withdrew from that wallet. And prove it is a cryptsy wallet.

Even if that was the case it just would show parts of the laundered premine was directly sent to a cryptsy account, nothing more. So it really doesn't make a difference if this a wallet at cryptsy or not.

edit: i see the blockexploreer marks it as cryptsy. So we know now about a couple of adresses balduro and his scamming friends used at cryptsy. Good. The fact parts of the premine were laundered directly to a cryptsy account doesn't change a thing.

So far nobody has made any statements about the other evidence in this thread here, which beyond any doubt shows that huge amounts of premined coins were claimed by one and the same person (Balduro, who else?). Actually the vast majority of all premined coins.

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May 09, 2015, 10:12:15 AM
 #49

Scammers try to declare their scam legit. How cute.

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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May 09, 2015, 04:45:36 PM
 #50

I'm from FLT Team (community takeover). First thing we did when we tried to save FLT was to audit the code, and to make sure there was not hidden block, or unfair stuff going on. 

Next, we corrected the fork problem, then worked toward building a strong and honnest group. Even if we did not succeed at a value point-of-view, we succeeded at being an exemple of ethic in crypto. We were tired of lies, scammers, angle shots.

I started interest myself to AUR lately - when discussing with a friend of mine that work first hand on it. First thing i did was inquire if it was legit or not. Asked a lot of questions, talked to a lot of people including devs, foundation leaders, PR team, and so. My goal was (is) to make sure that if I commit myself to a coin, it have to be fully legit, and it's purpose clearly exposed.

As of now, i have been unable to find any dishonnest behavior. Some people used FB to buy a lot of AUR, this is ''trades''.

I think that the biggest problem has been that some foreign whales played the market a lot, inflicting huge damage to AUR by rising it's value way to high way to fast. This is my opinion.

So at the best of my knowledge, this is now the best project in crypto - because it may change a lot of thing, not only for Iceland, but may well give an exemple for all cryptos. 

People inquiring for ''scams'' are good in crypto, because it play somewhat a free police role. But pur FUD and FUDers are a destructive presence, and this is criminal. The line in-between is often thin, be careful guys !
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May 09, 2015, 07:06:58 PM
 #51

The AUR pump was legendary, imagine the amount of money one could have made buying when it came out, it reached like 0.12, jesus christ. I wonder of any of those so called "Pump gurus" would have seen that coming. Those scammers make me mad (im talking about the "pump gurus" that ask for BTC to get inside their circles, but then again there is an even more inner circle where only a few get the profits).
As for the coin itself, it was a good idea, but I don't see how one could be able to make the coin work again, it has too much fame of being a pump and dump without anything else that makes it stand out enough. It was a good idea, but always have to consider people is dumb, and if you give them free money they'll dump it in exchange of fiat seconds later, creating a mass dump.
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May 09, 2015, 08:51:19 PM
 #52

I would share the same opinion then you sir, if it wasnt of an important fact: the whole project is not aimed at us foreigners. From the start, the target is the same, Icelanders. And for most icelanders, their only contact with crypto has been them claiming some AUR, but without any place where trading it, using it. All the market drama happened far from them, so they are still mostly free from FUD and all. 

So the actual effort is much more organized, well funded, but the global goal is the same : to give icelanders a financial option to their actual ISK (fiat) that is manipulated real bad (see 2008 collapse).

The new code is knocking at the door, so the new ISK-AUR-exchange, the well-funded foundation is now running. Still need to select the best paiement processor and ATMs possible - and they will be in pretty good shape to lauch some large scale campaign in iceland, no matter if we join the effort or not.

They made it pretty clear to me : all the efforts are aimed at iceland - icelanders, and there is even a marketting plan to get AUR back for most part to iceland (export campaign, basically inducing icelandic merchant to sell goods outside iceland for AUR, so good for economy, and bring AUR back home).

I got some AUR - i will use it for sure !
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October 22, 2016, 04:13:31 PM
 #53

So any of the doubter still around or   WERE THEY JUST A SCAM AS WÆLL  ?


Eyes looking at you ScammerTroll4LackOfWorstName.

 Smiley

Look, we're just normal folks like you.   Baldur burned 5 million coins.  It was never a scam coin.  Scoffers in the end days.

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October 22, 2016, 04:25:51 PM
Last edit: October 23, 2016, 01:28:54 PM by BitcoinNational
 #54

Lol I remember when this coin had like $700 million "market cap" on coinmarketcap.

i don't know.
i don't hodl.

but yeah auro was the first ETH level scam.
such capital raised.  such dump.

yet i still think there is a nice project.
multi-algo.
the hype completely flushed out of the system.
a burn? can someone verify?

an yeah it is ICELAND.  and really could convert to Blocktech as a screw you world we have F'n molten lava to run Hash!

it still take boots on the ground to audit wat is WHAT Wink

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ANN Thread
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Spoetnik
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October 23, 2016, 03:12:45 AM
 #55

Hit around $14 on Cryptsy way back.

50% premine LOL

You all fucking loved it hahahahha  Cheesy

..big talk + big hype (who's talking about it now ?)

FUD first & ask questions later™
MikkiRefur
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November 26, 2016, 01:27:23 AM
 #56

Obviously not very many people here know what they are talking about.

LackofABetterName keeps on referencing transactions (500,000 AUR)  that were simply used to organize the airdrop.

50% premine was for the citizens / residents of Iceland.  10,500,000  (32 each)

At the end of the 3 airdrops (3 months each, 32 AUR 1st, 323 2nd, 636 3rd ) there still were 6,000,000 coins left.

1 million went to the foundation and they still have it.  ( Used less than 50,000 at this point for some development costs )

....   and 5 million were verifiably burnt. 

The coin is one of the oldest and sure there was an anonymous creator but he has been out of the picture for well over a year.

No one involved on the foundation or development team have taken advantage of the M1 fund ( the million coins )  and there is no evidence that any pump and dumps were founder/developer/team related.

In fact recently there was a dump of 600,000 coins on cryptsy which were swallowed up by confident investors.

---------

So if you dont know what you are talking about you are part of the problem.

Which problem ?    If you dont know then again you are the problem.

Humanity needs honesty, humbleness, leaders, and service to others....   not trolling chatter-mouth rumor starters.

Check yourself before you wreck yourself.

MHz  out

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