Chase bank not feeling comfortable

[sadpandatech]

=Baby D0X=

lgscout.com  Home of 'Scout Vision' software. The site created by the speakers buddy,
Jason Lewis; http://www.facebook.com/jason.lewis2/friendsft_ref=mni#!/jason.lewis2
that adds really non useful, social, cloud type 'tags' to sites that THEY (the operators of said software) deem to associate with particular sites.

Hosted via hiding behind Cloudflare.com;
home of a LOT of nasty money laundering, hacking and CC doxing sites from the Virgin Islands, Netherlands, etc who use the CloudFlare service as a 'CDN' to hide the true location of their servers!

Some notorius sites hosted behind CloudFlare, include but certainly not limited to;
hosted LulzSec

Currently hosts the website of a professional DDoSer named "Gwapo" in the Philippines.(He explains how you can send him money to take down any website)

A list of sites known to be involved in fraudulant activity who also hide behind CloudFlare can be seen here;
http://www.spamhaus.org/sbl/listings/cloudflare.com

One entry;  "03-Aug-2012 23:52 GMT stolen credit-card gang fraud sites: UNIQUEFRAUD.* "

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scout-vision.com; This is where the servers are truely hosted.

Hosted by Dreamhost, forwards to lgscout.com; Also home to a LOT of nasty
ML and other illicit activities.

Dreamhost is also vulnerable to and does not do much to protect the sites hosted there. Not the ideal place to host any kind of 'legitimate' security business.

http://www.whitefirdesign.com/blog/2012/03/09/dreamhosts-gross-negligence-to-blame-for-recent-hacks/

http://blog.cycle-interactive.com/?p=473

"hacked again - Time to leave Dreamhost?"
https://discussion.dreamhost.com/thread-130909.html

"Backdoor PHP script;
Independent security researcher Denis Sinegubko, who created the Unmask Parasites web scanner, looked at some of the compromised websites given as examples by Zscaler and determined that they all had a backdoor PHP script installed on December 26, long before the DreamHost breach. It might still be an infrastructure-wide compromise though, he said."


Summary;

Yea, I'd take the security advice of the guys giving the presentation very seriously. Being that they so obviously take the time to do their homework........

shame shame. Not really worth digging much more on these guys, as even the least informed pleb can see their agenda written all over their shoddy research.

[hazek]

Money laundering like oh so many "crimes" (drug prohibitions, tax evasion, various regulations, unlicensed practice of whatever, ect ect.) is a very very recently invented "crime" but I don't believe I have to give a rats ass about what some private bank thinks I should or shouldn't do with my money even if they call it money laundering, hence the beauty of Bitcoin.

[BCB]

This is old but interesting.

http://www.youtube.com/watch?v=2GiQEECNcZM

And for anything going on in the bitcoin world subscribe this this guys blog or follow his twitter feed.

http://themonetaryfuture.blogspot.com/

[cbeast]

I hope Law Enforcement will see through the veil of lies by the banksters. Bitcoin is a friend to civil harmony. This goes along with the entire milieu of banker crime ignorance. I would rather see these points debated than propagandized.

[unclescrooge]

I hope Law Enforcement will see through the veil of lies by the banksters.

I lol'ed

Seriously, cbeast, what do you think?

[cbeast]

I hope Law Enforcement will see through the veil of lies by the banksters.

I lol'ed

Seriously, cbeast, what do you think?

At least we have a backup economy for when the law enforcement workers are unemployed due to budget cuts. Then they will see how they were fooled.

[molecular]

lol, this is hilarious.

These guys are "looking for points where we can leverage pressure". Then they're talking about providers that host a higher amount of "illicit activities" than others. I'm dumbstruck... how did they "look at bitcoin infrastructure" and not spot the decentralized nature of it? They even located 211000 threat tags??? What's that? Bitcoin nodes? Are they planning to nuke them all?

The main problem these guys have is that they ask "where in the internet is this happening?". Wrong question!

It's like chopping down trees trying to catch a bird.

[hazek]

I hope Law Enforcement will see through the veil of lies by the banksters. Bitcoin is a friend to civil harmony. This goes along with the entire milieu of banker crime ignorance. I would rather see these points debated than propagandized.

Don't ever expect a man to understand what him getting his paycheck depends on him not understanding.

[bb113]

It would make more sense that they gave such a crappy presentation on purpose. Anyone ignorant enough to think what they were saying had any merit to it is just going to follow what others do anyway. I'm not saying that "bitcoin is a magnet for illicit activity" is untrue, just that these two would only be right on accident based on what they presented. Also they show all the traits of either being up all night making the presentation at the last second, or being hung over.

[stevegee58]

Cash, especially greenbacks, are the ultimate magnet for illicit activity.  Less traceable than BTC.

[marcus_of_augustus]

It struck me that they don't really have much idea at all how bitcoin works. Some of the things they said betrayed their shallow understanding ... I expect they are somewhere between the "wtf?" phase and the "wow, how can this work," phase.

Give them another 3-6 months and it will be interesting to see what they are presenting. If this guy is some kind of "security expert" for JPM Morgan Chase he is probably first guy who has been officially tasked to get to grips with bitcoin (to me looks like he spends too much time in track pants in front of a bright screen eating cold pizza).

Monetary economics, crypto-financials and p2p networks is a steep learning curve for anybody let alone security consultant for a bank used to living lavish on govt. handouts.

[bb113]

It struck me that they don't really have much idea at all how bitcoin works. Some of the things they said betrayed their shallow understanding ... I expect they are somewhere between the "wtf?" phase and the "wow, how can this work," phase.

Give them another 3-6 months and it will be interesting to see what they are presenting. If this guy is some kind of "security expert" for JPM Morgan Chase he is probably first guy who has been officially tasked to get to grips with bitcoin (to me looks like he spends too much time in track pants in front of a bright screen eating cold pizza).

Monetary economics, crypto-financials and p2p networks is a steep learning curve for anybody let alone security consultant for a bank used to living lavish on govt. handouts.

This was also my impression. They got tasked with giving this talk, waited til the last minute to make it thinking it would be easy (just program your algorithm priors a certain way -> evil tags). Then they looked into bitcoin the night before and couldn't stop reading about it. He does say bitcoin is "hosted out of a service provider" though, so maybe hes just hung over.

I refuse to believe standards are so low that people in their positions actually make decisions off research of such low quality. Perhaps I am wrong to think this.

[ruski]

The non-sequiturs in that video are astounding. Insane troll logic and misdirection at its very best.

The scariest thing is, having been to a few of these conferences and events, I know exactly the kind of crowd that he's preaching to, and it's not the masses, it's the power centre people sitting there in the room. They're definitely trying to undermine Bitcoin in a non-public way.

Somehow.

[bb113]

The non-sequiturs in that video are astounding. Insane troll logic and misdirection at its very best.

The scariest thing is, having been to a few of these conferences and events, I know exactly the kind of crowd that he's preaching to, and it's not the masses, it's the power centre people sitting there in the room. They're definitely trying to undermine Bitcoin in a non-public way.

Somehow.

But then why not do it right? They is not a monolithic entity.

[ruski]

No, "they" in this case seems to be JPM. If there were any logical basis to what they were putting forward, I'm sure they would do it right. Or the guy majorly blew it. He was stuttering his way through the whole thing. Maybe he knew better and had to say it anyway.

edit:
bitcoin bitcoin, 113
e-i-e-i-o!

sorry, couldn't resist...

[bb113]

No, "they" in this case seems to be JPM. If there were any logical basis to what they were putting forward, I'm sure they would do it right. Or the guy majorly blew it. He was stuttering his way through the whole thing. Maybe he knew better and had to say it anyway.

edit:
bitcoin bitcoin, 113
e-i-e-i-o!

sorry, couldn't resist...

Well if you have been to these is that quality of presentation the norm?


My handle could very well be inspired by that song.

[ruski]

No, it tends to be about big or well-known names talking about their support for the topic at hand, a bit about the impact, a bit about what can be done. Mostly it's assumed that everyone knows what you're talking about and just needs your support. The only place I've seen anyone attempt in-depth technical discussion like this is an internal company meeting about bringing in some new system or change.

[ruski]

Long story short I wouldn't worry yet. If this is the best they can do then they won't be convincing anyone anytime soon, and don't have any ideas for what can be done anyway.

[bb113]

No, it tends to be about big or well-known names talking about their support for the topic at hand, a bit about the impact, a bit about what can be done. Mostly it's assumed that everyone knows what you're talking about and just needs your support. The only place I've seen anyone attempt in-depth technical discussion like this is an internal company meeting about bringing in some new system or change.

So they fly around the country to hear people bullshit then go party later, sounds like academia. I hope there are at least booths set up by the companies occupied by the actual people who make things happen?

[ruski]

So they fly around the country to hear people bullshit then go party later, sounds like academia.

Nope, that's business!

I hope there are at least booths set up by the companies occupied by the actual people who make things happen?

Sure, sometimes. Of all the events I've been to, most tend to go just to enjoy the entertainment and food, and network within the industry, and don't give a toss about the actual topic of discussion or supporting it. Most of the things that happen are in person-to-person conversations and unrelated. The theme is just a backdrop.