No Shizzle Sherlock

 In ITC's Threat of the Week

Regular readers may be very well aware that we have been calling out Crypto Currency as the Wild West for some time.

We have seen many alleged heists of Crypto Exchanges (as in; you exchange your money for nothing), like Mt Gox, and Zaif, all of which are very suspicious.

In February we discussed the highly dubious circumstance surrounding the missing $137 Meeelion dollars from QuadrigaCX which cannot be accessed because the CEO, Gerald Cotten perished in India and was the only holder of the password for the cold storage.

Kraken, another online trading platform has released an investigation promising $100k (seems paltry to us) for information that might lead to solving this problem. The whole thing smells.

We had a little sniff around with some of our nearest and dearest and discovered this within the massive (700 meeeeeelion) password dump.

You might want to try and claim the bounty here, it might be ‘bam’ something, maybe try bam123 or bam666. The whole thing is incredulous.

In the news this week, another Crypto Cowboy has been captured, having claimed that Mr Big Coin would be backed ‘by real gold’, turns out he might’ve been economical with the truth.

Crypto currency is currently unregulated. Governments are trying to do something about it but currently criminal opportunism is rife. Be very careful.

If you want to discuss the difference between your BlockChain and your Toilet Chain, our highly professional plumbing department are on hand.  Contact us at: [email protected] or call 020 7517 3900.

With thanks to sages old.

Author: Kevin Whelan

Recent Posts

Leave a Comment

Tel:
+1 202-452-9133