You Lose Sympathy...
When you decide to get greedy and flip a kilo of coke. Sympathy is dead, it is no more.
Now you have to deal with it like a man: Either take the jail time or run for mayor of Toronto.
The former Silk Road employee whom the website's founder allegedly tried to have killed has testified in a Baltimore, Maryland court, casting fresh light on the murky inner workings of the now-defunct online drugs market. Curtis Clark Green, 47, appeared in the federal court to plead guilty to charges of drug trafficking, …
"....or run for mayor of Toronto." We'll, it seems being Mayor of Toronton and being a druggie is actually a problem, so a more viable option would be to apply for a position with the Ecuadorean Foreign Ministry or the drugs enforcement branch of their Policía Nacional (http://en.tengrinews.kz/crime/Italy-finds-cocaine-in-Ecuador-diplomatic-pouch-Quito--7528/).
> When you decide to get greedy and flip a kilo of coke.
He got greedy?
Or more likely, he did $SOMETHINGSTUPID and
1000g a metric shitload of cocaine turned up on his own fucking door step with the FBI's postage stamps on it and all evidence pointing to him.
He's now facing the rest of his life in prison (thankyou WOD). Of course he is gonna sing like a canary to the FBI and make out his life was at risk. They now have a perfect witness willing to say anything.
Sorry mate, but the truith is the first casualty in this story.
Clearly you've not considered either the NSA and friends or the nature of Bitcoins to any significant degree.
Months before they found DPR, they found the server. How did that happen?
If you can figure out how to hide a publicly known server you can make a lot of money. But if you fail, you go directly to jail. Running one for a few weeks is not a problem. Running one for a few years and not getting caught is impossible with the current surveillance systems.
Running one for a few years and not getting caught is impossible with the current surveillance systems.
Then again, drug dealing in real time works pretty much the same way – you could probably get away with it once, but make it your day job and sooner or later the g-men will get a hold of you – and yet there seems to be no shortage of young men willing to go into it to the bitter end.
"drug dealing in real time works pretty much the same way – you could probably get away with it once, but make it your day job and sooner or later the g-men will get a hold of you"
Except they don't get hold of the real dealers do they? They got the guy who accepted a delivery of 1KG of coke to pass on, any idiot could do that. They didn't get the guy who has kilos of coke waiting to drop off to people.
There is no shortage of people willing to step up because they can buy in bulk at a price substantially below the end user value of their product, so it seems like quick, easy money. Big distributors keep it this way because it removes them from the majority of the risk of getting caught.
How many actual SR dealers have they caught?
> In his affidavit, he said that while at Silk Road he "could also view administrative Bitcoin accounts controlled by Ulbricht" – which, if true, might provide a source of potentially damning evidence.
> he claims he never knew Ulbricht's true identity. To Green, Ulbricht was "Dread Pirate Roberts,""
So how could his affidavit truthfully claim he could view Ulbricht's accounts, rather than DPR's accounts?
Since Ulbricht outright denies that he is the DPR in question, and AFAIK the only information we have are accusations/hearsay from the FBI, etc., surely it behooves people, and news outlets especially, not to so casually conflate the two identities at this stage.
I believe that it is only after either a confession, or having the evidence produced and an affirmative judgement made in court, that it stops being libel.
The case against Ulbricht is pretty strong. The feds aren't just throwing around hearsay, they've managed to establish that Ulbricht is DPR. He did make it kinda easy though, seeing as he made a number of jaw-droppingly stupid mistakes such as:
-using an email address of the form "firstname.lastname@example.org"
-using an internet cafe less than 200 metres from his home
-telling the DHS about Silk Road while being questioned by them over a bunch of fake IDs he had ordered
While I concede that some of the evidence is circumstantial, you have to be somewhat delusional if you still genuinely believe that Ulbricht != Roberts.
I was wondering if/when the targets of Ulbricht's attempted assassinations were going to crawl out of the woodwork. IIRC, the second one (whom Ulbricht allegedly coughed up $500k to have whacked) was Canadian. I'll be interested to hear what they have to say...
".....I believe that it is only after either a confession, or having the evidence produced and an affirmative judgement made in court, that it stops being libel." Yeah, we'll, whatever you want to baaaah-lieve, the law works a lot differently. It is an accusation at this point, for which charges have been brought (so they must have some evidence to back their case). It only becomes a libel if it is proven in court not only to be incorrect but also to have been stated maliciously whilst knowing it was incorrect.
Do Americans normally fly the flag in their gardens?
Is it so that people coming along the road know that they have just left America and are now entering, err ...America?
(Confidently expecting this post to go down like lead faggot)
((And, yes, I'm sure I could have worded that last bit somewhat better))
ProShares, the issuer of exchange-traded funds with around $65 billion under management, has launched the first short Bitcoin exchange-traded product in the US, offering a way for investors to make money from the ongoing cryptocurrency meltdown.
Dubbed the ProShares Short Bitcoin Strategy, the ETF is set to launch on the New York Stock Exchange under the ticker BITI. Bitcoin declined to $17,601.58 over the weekend, according to Coin Metrics. It has lost 70 percent of its value since last November's highs.
Speaking to the Financial Times, Nate Geraci, president of wealth management firm The ETF Store, said there would be "a rather robust market" for the short funds.
Comment Intel has begun shipping its cryptocurrency-mining "Blockscale" ASIC slightly ahead of schedule, and the timing could not be more unfortunate as digital currency values continue to plummet.
Raja Koduri, the head of Intel's Accelerated Computing Systems and Graphics group, tweeted Wednesday the company has started initial shipments of the Blockscale ASIC to crypto-mining firms Argo Blockchain, Hive Blockchain and Griid:
The cryptocurrency world is experiencing what can only be described as a meltdown, with prices plummeting today to lows not seen since the end of 2020.
The plunge is likely due to several factors including general economic uncertainty as seen in the stock market, inflation, bearish conditions and loss of confidence in crypto-coins, and scared money and bots being spooked by whales selling.
It definitely did not help that crypto-lending biz Celsius Network put a freeze on withdrawals, swaps, and transfers Sunday night. Soon after Bitcoin tumbled 10 percent, Ethereum lost 19 percent of its value, and fan-favorite Dogecoin shed nearly 15 percent of its value, or about $0.01, since then.
Comment Microsoft co-founder Bill Gates has declared that "expensive digital images of monkeys are going to improve the world immensely."
He was joking, obviously, though considering Gates's supposed connection to microchips in vaccines, one can never be too careful. What he's talking about are non-fungible tokens (NFTs), which came up at a TechCrunch event in Berkeley, California, on Tuesday. Specifically the Bored Ape Yacht Club variety.
You know those kids' books where the picture is divided into three (head, body, legs) so you can turn different sets of pages to get a different image? That's what the Bored Ape Yacht Club is for those willingly parted from large amounts of money for the right to stand next to a picture of a cartoon chimp.
A crew using malware that performs cryptomining and clipboard-hacking operations have made off with at least $1.7 million in stolen cryptocurrency.
The malware, dubbed Trojan.Clipminer, leverages the compute power of compromised systems to mine for cryptocurrency as well as identify crypto-wallet addresses in clipboard text and replace it to redirect transactions, according to researchers with Symantec's Threat Intelligence Team.
The first samples of the Windows malware appeared in January 2021 and began to accelerate in their spread the following month, the Symantec researchers wrote in a blog post this week. They also observed that there are several design similarities between Clipminer and KryptoCibule – another cryptomining trojan that, a few months before Clipminer hit the scene, was detected and written about by ESET analysts.
China has become the world’s second most prolific miner of bitcoin – or maybe it always was – according to new data from the Cambridge Centre for Alternative Finance (CCAF).
The Centre on Tuesday announced its latest hashrate data analysing activity from September 2021 to January 2022 and found the USA is home to 37.84 percent of mining capacity, ahead of China at 21.11 percent, Kazakhstan ‘s 13.22 percent and Canada’s 6.48 percent.
US prosecutors have accused an American citizen of illegally funneling more than $10 million in Bitcoin into an economically sanctioned country.
It's said the resulting criminal charges of sanctions busting through the use of cryptocurrency are the first of their kind to be brought in the US.
Under the United States' International Emergency Economic Powers Act (IEEA), it is illegal for a citizen or institution within the US to transfer funds, directly or indirectly, to a sanctioned country, such as Iran, Cuba, North Korea, or Russia. If there is evidence the IEEA was willfully violated, a criminal case should follow. If an individual or financial exchange was unwittingly involved in evading sanctions, they may be subject to civil action.
Big names in Bitcoin have defended cryptocurrency mining, issuing a jointly signed letter hitting back at US lawmakers who last month urged a government watchdog to probe the practice.
Twitter founder and Bitcoin champion Jack Dorsey, the CEO of Bitcoin-collecting MicroStrategy Michael Saylor, and others on Monday signed the letter [PDF] that is a point-by-point rebuttal to a memo [PDF] sent last month to America's Environmental Protection Agency (EPA) by Representative Jared Huffman (D-CA) and a couple dozen other Democrats.
In that first letter, Huffman and pals asked the EPA to probe proof-of-work cryptocurrency mining facilities to ensure they're following US laws such as the Clean Air Act and Clean Water Act, and not having an outsized effect on climate change. Proof-of-work cryptocurrencies include Bitcoin, Ethereum, and Monero. Ethereum, for one, is planning to move to fully proof-of-stake approach, which is more energy efficient.
The wiki community held a vote as to whether the Wikimedia Foundation should continue to accept cryptocurrency donations, the result of which was a resounding "no".
The proposal was made by Wikipedia administrator, checkuser and oversighter GorillaWarfare based on three points: it could be seen as an endorsement of cryptocurrency by the organization; the tech is not environmentally sustainable; and, last of all, accepting crypto could damage the reputation of the foundation.
The Wikimedia Foundation currently accepts donations in Bitcoin, Bitcoin Cash and Ethereum, as well as traditional payment types. According to the community, crypto is one of the foundation's smallest revenue channels, making up a mere .08 percent of 2021 revenue, equating to $130,100. Total revenue for 2021 was around $162 million.
Intel has disclosed more details of its Blockscale ASIC, the firm's entry into the realm of cryptocurrency mining with a dedicated chip built to provide users with energy-efficient hashing for proof-of-work consensus networks.
As previously revealed, the chip now identified as the Intel Blockscale ASIC is designed to provide hardware acceleration for SHA-256 (Secure Hash Algorithm-256) processing for blockchain proof-of-work applications. It will start shipping in the third quarter of 2022.
Intel has now claimed that its Blockscale ASIC has a hash rate of up to 580GHps, or giga hashes per second, and can support up to 256 integrated circuits per chain. The latter means that a customer could theoretically build and operate a mining system comprising 256 of the Blockscale chips, which would be capable of over 148THps, or tera hashes per second.
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