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DrPossum posted:
After the Iraqi Dinar scam, theres no level of stupid Im not ready to be wowed by
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Jun 1, 2022 17:57
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Barudak posted:After the Iraqi Dinar scam, theres no level of stupid Im not ready to be wowed by how about the other famous iraq related scam:  what is wild is people still use a version of poo poo like this in places for EOD (I think), and other versions of this poo poo exist. actually tons of "devices" for doing some psychic/teledildonic summoning exist, all kinds of black boxes full of nothing with some switches on the outside. and they all cost thousands of dollars. it's incredible. LifeSunDeath fucked around with this message at 18:05 on Jun 1, 2022 |
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Jun 1, 2022 18:03
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Another obvious BTC and ETH pump closely followed by a huge dump 
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Jun 1, 2022 18:22
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Solana going off a cliff https://twitter.com/CryptoWhale/status/1532051910567481346
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Jun 1, 2022 18:35
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Jun 1, 2022 18:38
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Thank god I was getting bored waiting for another crypto death spasm
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Jun 1, 2022 18:40
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smellmycheese posted:Solana going off a cliff love when my decentralized crypto network is halted by panicking developers
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Jun 1, 2022 18:41
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Intentionally selling fake safety devices that lead to the deaths of multiple people only lands you in jail for 10 years? Surely if I ran a car company and replaced all my cars seatbelts with fruit by the foot, I’d expect something harsher Gutcruncher fucked around with this message at 18:46 on Jun 1, 2022 |
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Jun 1, 2022 18:43
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Gutcruncher posted:Intentionally selling fake safety devices that lead to the deaths of multiple people only lands you in jail for 10 years? The key is to not sell them to Americans. Even then I'm pretty sure the only reason there were any consequences at all is that the people using the fake bomb detectors were sweeping vehicles headed into American safe zones, so some voter's kids and spouses got killed and politicians wanted the angry voicemails to stop.
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Jun 1, 2022 18:48
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Cyrano4747 posted:The key is to not sell them to Americans. poo poo, the guy they made that Jonah Hill movie War Dogs about sold something like a quarter of a billion dollars of poo poo-tier, garbage ammo to the DoD for use by Afghan forces, and he only got four years in jail. The kicker is that most of the ammo was seriously grungy third world military surplus that the DoD described as "unserviceable," but the thing that got him jail time was that he got some of it from China and that violated US sanctions. The hilarious thing is that the Chinese ammo was likely actually decent quality ammo as iirc it was just new production Norinco. The poo poo that was most likely to actually be fit for purpose is what got him in trouble, while meanwhile the DoD had a quarter of a billion worth of rusty garbage Soviet era crap that even the Afghans though was too janky to use. Selling garbage ammo to our allies via our own military isn't worth putting you in jail, but holy poo poo don't violate sanctions to actually get some decent cartridges. edit: I"m pretty sure he just got jail time too, since the charge was a single count of conspiracy, so he's still got whatever money he earned from that contract. Plus he wrote a memoir so you know, whatever he's getting from that. All things considered probably worth four years in some federal minimum security facility.
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Jun 1, 2022 18:54
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Gutcruncher posted:Intentionally selling fake safety devices that lead to the deaths of multiple people only lands you in jail for 10 years? i mean as far as i can tell 3 people were indicted but never brought to trial for the takata airbag scandal in which they knowingly replaced airbags with fragmentation grenades for about two decades.
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Jun 1, 2022 19:16
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Scammin schad news is the only schad news I really care about.
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Jun 1, 2022 19:28
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https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme Shameful use of ape/slurp foreknowledge.
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Jun 1, 2022 19:57
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America posted:https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme Hopefully as part of their defense, they play Dana Snyder reading that slurp juice tweet
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Jun 1, 2022 20:10
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America posted:https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme quote:To conceal the fraud, CHASTAIN conducted these purchases and sales using anonymous digital currency wallets and anonymous accounts on OpenSea. Fancy that, the money police can see through your anonymous online accounts 
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Jun 1, 2022 20:13
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Cyrano4747 posted:The key is to not sell them to Americans. IDK at this point I'm pretty sure Tesla could sell fruit by the foot seatbelts and get away with it.
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Jun 1, 2022 20:44
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Cyrano4747 posted:Fancy that, the money police can see through your anonymous online accounts A wallet is only secret if its user does the work to keep it secret. None of these motherfuckers do the work, or even understand that there's work to do. It's stunning, just an endless parade of morons doing crimes in broad daylight while wearing a camo suit and getting surprised pikachu when they get caught.
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Jun 1, 2022 21:15
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uhhh https://twitter.com/anarchonbury/status/1532081604968992768
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Jun 1, 2022 22:06
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drat, Brexit really isn't going that well for them, is it
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Jun 1, 2022 22:09
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the support bots are out in force https://twitter.com/Solana_Hellp/status/1532096493242437638?s=20 https://twitter.com/Solana1030/status/1532102047696297989?s=20
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Jun 1, 2022 22:10
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It also says that they would be basically regulated the same as banks which loving  if the Bank of England starts telling stablecoins to show them exactly how they're backing the coins 1:1.
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Jun 1, 2022 22:20
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Yeah this would basically kill everything the true believers stand for
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Jun 1, 2022 22:22
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Sell all the stable coins to England. Get them dolla bills. Hit those GGPO rollback frames to before the sale and fork that poo poo so England doesn’t get their stables. Repeat. Win capitalism forever. Die on a beach drunk and covered in babes.
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Jun 1, 2022 22:37
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smellmycheese posted:Solana going off a cliff Solana goodtoknowya
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Jun 1, 2022 22:48
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solana, farewella, auf wiedersehen, goodbye all i do is hodl my coins and cry
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Jun 1, 2022 23:06
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hear me out bros: what if we tie each unit of crypto to some sort of real world analogue, in order to assure parity of ownership across multiple mindscapes? of course, we should store such "material non-replicable matter" in some kind of centralized location, not to be transported, and perhaps issue some sort of "voucher" upon which such a place would guarantee the matter just pie in the sky talk for now, but we're on the bleeding edge here 
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Jun 1, 2022 23:25
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A gulag but its invite only and you have to own an NFT to get in.
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Jun 1, 2022 23:27
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Proof of work sets you free
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Jun 1, 2022 23:39
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Gutcruncher posted:Intentionally selling fake safety devices that lead to the deaths of multiple people only lands you in jail for 10 years? Wasn't that a plot point in a Dave Barry book? Risky Business, maybe?
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Jun 1, 2022 23:47
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smellmycheese posted:Solana going off a cliff Not sure where this guy got 26% from, it seems to be down "just" 12% on the day.
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Jun 1, 2022 23:54
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Salt Fish posted:A gulag but its invite only and you have to own an NFT to get in. And you can sell your invite on the Blockchain! Genius!
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Jun 2, 2022 00:02
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DaveWoo posted:https://twitter.com/lachlan/status/1531962587788808193 Does the SEC cover this stuff?
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Jun 2, 2022 00:09
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Crypto isn’t regulated, so no. Also lol that you’d imagine there are consequences for people in power.
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Jun 2, 2022 00:16
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zedprime posted:There's a galaxy brain securities thing I can theorize here that is probably completely made up because IANAL but makes sense in my head. Now...there's a case that there is possible fraud going on, but the problem is that BAYC is bound by the laws of the state of New York, which doesn't give two shits what the blockchain says is the holder of the NFT since the thief can grant no better title than they received. Green is still the owner, BAYC's license conflicts with the law of the state it chose to be governed by, so if push came to shove BAYC would be forced to honor Green as the licensee. If that violates the code is law delusion, that's a "well, that's your problem, not the court's" issue there because BAYC thought they could do that but basic property law trumped it, sucks to be you. In almost every case there's no actual disagreement between law and the blockchain since most NFTs are transacted as legit transactions (to the extent that anything is legit in cryptoland), so a court stepping in to enforce the rights of someone who got phished wouldn't be considered an extraordinary breach of the promise.
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Jun 2, 2022 00:22
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kw0134 posted:Lots of things in crypto land are a security, even if the SEC is undermanned and a little hesitant to rock the boat, but I'd argue that an NFT isn't one https://twitter.com/web3isgreat/status/1532053669679710216
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Jun 2, 2022 00:35
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The interesting thing is that he's not charged under securities law, but under wire fraud to abuse his employer. The relevant cited statutes in the indictment don't require any element to be a security, merely that the act was "an intent to deprive of honest services" via wire.
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Jun 2, 2022 00:46
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CharlestheHammer posted:What’s funny is Tank girl isn’t a Disney character. She’s from an 80s indie British Comic that was acquired by DC DC stands for Disney Company. Helllllooo , heard of Batman? The best Detective in Comics.
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Jun 2, 2022 00:57
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Yeah, that former openseas exec is crucially not being charged with insider trading, even though they claim that's what he was doing. He's just being charged with the crimes he committed in relation to his insider trading.
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Jun 2, 2022 01:12
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you get too innovative with your financial crimes and they'll burn you, you keep the fincrime at a medium level and it's unprosecutable. you get very innovative with your fincrimes and you become untouchable. it's the rush to bridge that gap I guess what motivates all these assholes.
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Jun 2, 2022 01:14
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in NFT-adjacent news, GME announced earnings today: expected EPS: -$1.16 actual EPS: -$2.08 also their NFT marketplace opens this quarter.
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Jun 2, 2022 01:20
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