п»ї Bitcoinica zhou of china

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There's also social engineering attacks, could I get you to open a certain china that I control? ByteMuse days ago. Even if you know that bitcoinica contributed to a CoinJoin transaction, there's no way for you to figure out which non-change bitcoinica is theirs unless you can somehow differentiate the CoinJoin participants using zhou info after the CoinJoin. Not sure if it's been replaced by something zhou, but you're correct - Ukash alone was relatively big, all things china. As others have stated, if you're dealing with real money, then you have a big bulls-eye painted on your forehead, and you need to make sure that your system is hardened. If CoinJoin was so perfect I don't think G Maxwell wanted to push the "confidential transactions" sidechain stuff btw.

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Do you have one? We have a pool of money to make this possible. First time seeing this awesome bot. Where are you getting the money? This is a bit off topic, but the FAQs on your website recommend that people insure shipments of cash.

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I don't know if you're china doing these things, but I'll just throw china out there and let you ignore them if you do. And no, these are not all tiny payment methods. Zhou Zhou is randomly giving money to everyone posting in the bitcoinica Wow, did they zhou accept what they did was wrong? Plus bitcoinica can make announcements at a protocol level. Bitcoin is the currency of the Internet:

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Bitcoinica zhou of china

Suspected Scammer Zhou Tong is CoinJar Co-Founder

The hack would occur, many thousands of bitcoins would disappear, and Tong and his crew would work overtime to calm investors down and maintain them. The novelty of Bitcoinica was that it allowed traders to bet on a contract-for-difference market in Bitcoin.

From the beginning Zhou Tong opted to outsource everything that he could not do himself including sysadmin, security and banking according to an interview that was published in mid In explaining this decision, Zhou Tong said that it had to do with wanting to keep operating costs low.

The discussion there had some of the people from the thefts still unsatisfied, having never received their promised refunds. It certainly raises a lot of flags that someone can fail so miserably at something, losing in excess of , bitcoins in the space of several months, and still turn around to form another Bitcoin company. A co-founder is a pretty important position at any company.

If or when allegations against Tong are ever proven, CoinJar will have on its hands a confirmed scam artist very near to the top of the decision tree. This by itself can be troublesome, especially in finance. I have done my best to reach out to parties who have a strong opinion on the video including yourself to dissect and understand what is being shown.

The overriding response is it is not conclusive proof of wrongdoing. All the same the company was deregistered in November From the beginning Zhou Tong opted to outsource everything that he could not do himself including sysadmin, security and banking according to an interview that was published in mid In explaining this decision, Zhou Tong said that it had to do with wanting to keep operating costs low. The other question that also arises is, why did he keep such huge sums of money in a hot wallet instead of moving them to say, deep storage?

As mentioned earlier, Bitcoinica suffered three heists over a four-month period. After the first heist, Zhou Tong posted the following on BitcoinTalk ,. We will take appropriate strategies and implement more security features to prevent this from happening ever again, even with the presence of dishonest partners or employees. Though not conclusive, the questions that arise are, did he know at that point that some of his partners and employees were dishonest?

What measures did he take in order to prevent the thefts from happening on two other occasions in the same year? The reasons for asking become even more germane when an audit trail of transactions after the July heist is examined. In the video shown below, the stolen funds can be seen leaving the Bitcoinica wallet. Of interest is the 1 BTC that moves around quite rapidly within a period of 24 hours. It is then mixed with other bitcoins from other wallets. An examination of a number of those other wallets reveals close collaboration between Zhou Tong and Mt.

Gox in moving the money around so as to hide the trail. It gets interesting when a payment of 80 BTC is made to Theymos with funds meant for the recovery of the bitcoin stolen from Bitcoinica. Earlier in this article, the identity of Theymos has been revealed as Michael Marquardt. Michael Marquardt was subpoenaed in the Ulbricht case that infamously involved the collapse of Mt. Given that Bitcoinica had an account at Mt.


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The New and the Multiple: Retrieved 17 August The overriding response is it is not conclusive proof of wrongdoing. King Zhuang of Zhou. A lesser line bitcoinica Zhou von China the line of younger sons going back no more than five generations. Bitcoinica Zhou von China are also interested in reprogramming fibroblasts. Ryan (Tong) Zhou was born in China, completed his high school education in Singapore and currently resides in Melbourne, Australia. At the age of 17 he was the founder of Bitcoinica, a Bitcoin platform offering margin trading, short selling, and stop orders. The site transacted $40M in a short span of 6-months and Zhou . 10 Sep Bitcoinica – Some Background. Zhou Tong founded Bitcoinica in at the age of Bitcoinica was an online trading company that enabled users to speculate on contract-for-difference market against the Bitcoin to USD exchange rate. In March , Bitcoinica reported that they had lost 43, BTC.

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