Image Image Image Image Image Image Image Image Image Image Image Image

| April 21, 2018

Scroll to top

Top

From Archives -

TMZ

Singer Roberta Flack Rushed to Hospital from Apollo Theater

April 21, 2018 |

“Killing Me Softly” singer Roberta Flack’s performance at the Apollo Theater was cut short Friday night as she was taken by ambulance to a hospital … TMZ has learned. Roberta was performing a charity concert for the Jazz Foundation of America when…

TMZ.com

GE Takes Hit From Old Mortgage Unit, Cites Other Progress

April 20, 2018 |

GE reported a quarterly loss on a $ 1.5 billion charge related to a subprime mortgage business it once owned, but executives said they were making progress on their efforts to turn around its industrial businesses.
WSJ.com: US Business

CNN

Bride of ISIS: From ‘happily ever after’ to hell

April 20, 2018 |

Islam and Ahmed met online, looking for their “happily ever after” through a Muslim dating site.
CNN.com – RSS Channel – World

Toddler From Polygamy Reality Show Dies in Fire

April 19, 2018 |

Police say a 2-year-old boy whose polygamous family is featured on a reality TV show has died following a fire in a southeastern Utah home, the AP reports. The Deseret News reports Adonijah Foster died of smoke inhalation Saturday after a fire ignited in the room where he was sleeping….
Newser

Autism Pioneer Said He Kept Kids Safe From Nazis. He Didn’t

April 19, 2018 |

Before his death in 1980, Dr. Hans Asperger said he kept his adolescent patients safe from the Nazis, a claim repeated years later by autism experts. The pediatrician—for whom Asperger’s Syndrome was named in 1981—even went so far as to say he’d become a target of the Nazis…
Newser

Bitcoin in Brief Thursday: Another ICO Ghosts with $50 Million – Sends Thanx from Beer Beach

April 19, 2018 |

Bitcoin in Brief Thursday: Another ICO Ghosts with $  50 Million - Sends Thanx from Beer Beach

Today we’ve simply given-in to no nutritional value, guilty pleasure, lowest common denominator: bitcoin-related crime news. Start your day with laughs and head scratching, as we examine the Savedroid ICO exit scam, an international bitcoin heist escape, the fury of a scorned woman, a bear spray robbery, and some whole food violence.  

Also read: Bitcoin in Brief Wednesday: Pornhub? We’ve Never Heard of Pornhub

Savedroid Ghosts With Investors’ Money

This can’t be real, right? This must be a publicity gimmick. Well, in any event, German online news source Wirtschafts Woche documents how Savedroid has apparently taken the money and run. The company website was replaced with a meme picture, “Aannnd it’s gone.” Founder and CEO Yassin Hankir tweeted a picture of himself on a beach, long gone. All this after having raised $ 50 million in an ICO.

Bitcoin in Brief Thursday: Another ICO Ghosts with $  50 Million - Sends Thanx from Beer Beach
Savedroid webpage

Promises of artificial intelligence, curated portfolios, and a native credit card proved too much for investors, and they poured in money. Stranger than fiction.

Bitcoin in Brief Thursday: Savedroid Scams Investors for $  50 Million

Reads Like a Movie Script

A suspect involved in an Icelandic heist involving a dozen perpetrators, 600 missing bitcoin mining rigs, was able to evade authorities after they’d managed to arrest him. “Sindri Thor Stefansson” the BBC reported, “escaped the low-security prison through a window and fled to Sweden on a passenger plane that was also carrying Iceland’s prime minister, local media report. The ticket had another man’s name and he was identified through CCTV video. The stolen computers, which are still missing, are worth $ 2m (£1.45m).” It appears Mrs. Stefansson was also arrested, but he didn’t have time to circle back evidently.

Bitcoin in Brief Thursday: Savedroid Scams Investors for $  50 Million
Sindri Thor Stefansson

Hell Hath No Fury

Speaking of angry women, the broader ecosystem has been accused as being too male. Well, here’s Tina Jones breaking through the digital glass ceiling. According to WGN, Ms. Jones was  “charged after allegedly paying thousands of dollars via bitcoin to a company on the dark web to murder the wife of a man she had an affair with, according to officials. Tina Jones, 31, appeared at bond court Wednesday morning where a judge set bond at $ 250,000. She was charged with one felony count of solicitation of murder-for-hire.”

Bitcoin in Brief Thursday: Savedroid Scams Investors for $  50 Million
Tina Jones

Bearly Escaped with Bitcoin ATM

The Irving Patch, a Texas local online news source, are attempting to help police find two men. Police claim they “entered a store […]  and sprayed a clerk with bear spray before making off with cash from a Bitcoin machine …. They can be seen in security footage spraying the store clerk with bear spray, a powerful form of pepper spray, before heading to the back of the store where the Bitcoin machine was located ….The clerk was taken to a hospital for treatment after being sprayed but was later released.”

Well, He Warned Him

Government crackdown on legitimate cryptocurrency exchanges usually receive very positive media coverage. What both government and mainstream media often miss is how less online exchanges necessarily means more face-to-face encounters, which can be dangerous for reasons bitcoin traders are well familiar. Case in point: a Miami man wished to turn $ 30,000 cash into more than that in bitcoin. He met supposed crypto dealers at a public place, a local Whole Foods parking lot. The fellow with the cash brought a gun just in case something went wrong. Turned out to be a pretty good idea. He was jumped for the money, and as he was attacked, yelled to his attacker, “Back off, I have a weapon,” the Miami Herald details. The attacker didn’t listen, and was shot. He was later arrested after being taken to a local hospital.

Bitcoin in Brief Thursday: Savedroid Scams Investors for $  50 Million

Bitcoiners Wanted at Citi

A recent now hiring Linkedin post detailed how Citi is looking for a  “Senior Vice President, Senior AML Compliance Officer —Emerging Risk,” in Tampa, Florida. “Knowledge of cryptocurrency and bitcoin monitoring” and “Certified Bitcoin Professional Certification a plus,” are among the job qualifications and requirements.

More Spring Cleaning

Clearing off some smaller stories, Riot Blockchain has been subpoenaed.  The Securities and Exchange Commission of the Philippines issued a rather blunt warning about what it terms bitcoin “schemes” to defraud investors. It lists more than a dozen companies by name, and proceeds to go through steps to identify future scams. Josh Ellithorpe tweeted how he “Just released my first open source project at Coinbase. If you need Cashaddr support for your Ruby app then you should check it out!” here.  

Do you think Savedroid really scammed its investors? Let us know in the comments section below.


Images courtesy of Shutterstock. Special thanks to Kai Sedgwick and Avi Mizrahi for sourcing.


Need to calculate your bitcoin holdings? Check our tools section.

The post Bitcoin in Brief Thursday: Another ICO Ghosts with $ 50 Million – Sends Thanx from Beer Beach appeared first on Bitcoin News.

Bitcoin News

More explosives than previously thought stolen from work site, ATF says

April 19, 2018 |

Authorities in Pennsylvania discovered more explosives were stolen than originally thought from a work site in Lancaster County over the weekend.
FOX News

CNN

Canada to return diplomat families from Cuba over health concerns

April 18, 2018 |

The families of Canadian diplomats in Cuba will return home permanently due to unexplained health concerns, Canada’s government announced Monday.
CNN.com – RSS Channel – World

Diamond From the Sky May Have Formed in ‘Lost Planet’

April 18, 2018 |

Fragments of a meteorite that fell to Earth a decade ago provide compelling evidence of a lost planet that once roamed our solar system, researchers say. A team from Switzerland, France, and Germany examined diamonds found inside the Almahata Sitta meteorite and concluded they were most likely formed by a…
Newser

Love letter from George HW Bush to Barbara from WW2 goes viral

April 18, 2018 |

Historians and journalists on Tuesday tweeted out the love letter that former President George H.W. Bush sent to his fiancée Barbara on Dec. 12, 1943.
FOX News