ETH Foundation was basically caught trading stolen coins in exchanges - page 4.

Mastercon

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Quote from: iCEBREAKER on August 13, 2016, 11:38:44 AM

Quote from: GreenBits on August 12, 2016, 02:27:47 PM

How in the blue fuck was this going to work? Surely they didn't think they would be able to slide a shitton of tainted coins into a MAJOR EXCHANGE without someone freezing? Furthermore, said exchange would be brain-dead if it allowed them to crash that market, which is probably earning them a great deal of quid atm. This was a bold, bold misstep. And those funds are gonna be tied up forever. They certainly can't send them back; they are going to have to be released to a third party and I feel the authorities are going to get wrapped up in this eventually.

This is shady icing on a suspicious cake they have been building since the first blatant conflicts of interest arose in this saga.

Oh my, what delicious phrasing!

The best part is we may still anticipate the cherry on top, and perhaps a side of ice scream as well. Wink

ETH vs ETC is a battle for the soul and future of smart contracts. If there is one thing Satoshi might use His coins to change, this is it...

Do you think the 3.6 million DAO ETC hacker should return the stolen DAO ETC to the original holders?

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: dinofelis on August 13, 2016, 06:27:10 AM

The irony is that the so-called white hats were associated (even remotely) with the ETH foundation, which went to hardfork ETC into ETH for exactly the purpose of undoing what they are now shown to do in any case.

This kills off the little bit of "moral high ground" that the ETH foundation and their "white hat collaborators" assigned themselves, namely "undoing theft even if that means giving up our own engagements of immutability". In other words, the authors of the ETH hard fork are now found to adhere to the same principles of functioning as the DAO hacker and ETC, while their whole forking business was based upon their claim to be "of a different morality".

the red line one can find in the ETH movement is that, even more than the DAO hacker, ANYTHING goes: not just playing by the hidden tricks in the game, but even altering the game, lying and cheating, as long as one can profit.

Good point.

ETC supports unstoppable code running on an immutable ledger, which is what the ICO investors were sold.

ETH is Calvinball, where even the rules for changing the rules are in constant flux.

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: shyliar on August 12, 2016, 05:54:01 PM

Quote from: mining1 on August 12, 2016, 05:30:59 PM

Quote from: European Central Bank on August 12, 2016, 04:40:03 PM

Quote from: mining1 on August 12, 2016, 04:32:57 PM

That's funny. A site created few days ago has 2 news title since release, and both of them FUD ethereum. Am i the only one that finds that weird ? They're so good at investigating they're the only ones that found that. I mean, not even barry silvert's puppet site, coindesk, didnt publish such FUD. Not to mention there's no evidence in linking ETH foundation to whitehat attackers.

http://themerkle.com/white-hat-hackers-caught-red-handed-during-attempted-etc-sell-off/

is this one any good for satisfying you? it's been around for a while now.

https://www.reddit.com/r/ethereum/comments/4xasg3/follow_up_statement_on_the_etc_salvaged_from/

and here they are on r/ethereum itself. guess you might want more convincing but I've done all I can.

I never questioned wether or not "whitehats" tried or not to sell, i dont know and dont care. But there arent proofs eth foundation is linked with them.

Odd then that Developer Alex Van de Sande, lead designer for the Ethereum Foundation was the first to announce the draining of the DAO by the whitehats:

https://twitter.com/avsa/status/745313647514226688

http://www.coindesk.com/ethereum-developers-draining-dao/

https://www.cryptocoinsnews.com/ethereum-devs-hack-the-hacker-price-skyrockets/

Now that the brave, heroic DAO "rescue" has turned into catastrophe and scandal, nobody will admit having anything to do with the RHG.

Confucius say, "Success has many fathers but failure is an orphan."

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: GreenBits on August 12, 2016, 02:27:47 PM

How in the blue fuck was this going to work? Surely they didn't think they would be able to slide a shitton of tainted coins into a MAJOR EXCHANGE without someone freezing? Furthermore, said exchange would be brain-dead if it allowed them to crash that market, which is probably earning them a great deal of quid atm. This was a bold, bold misstep. And those funds are gonna be tied up forever. They certainly can't send them back; they are going to have to be released to a third party and I feel the authorities are going to get wrapped up in this eventually.

This is shady icing on a suspicious cake they have been building since the first blatant conflicts of interest arose in this saga.

Oh my, what delicious phrasing!

The best part is we may still anticipate the cherry on top, and perhaps a side of ice scream as well. Wink

ETH vs ETC is a battle for the soul and future of smart contracts. If there is one thing Satoshi might use His coins to change, this is it...

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: European Central Bank on August 12, 2016, 12:54:10 PM

where's our minecache friend with his etc = criminalcoin line? I haven't seen him writing it for at least 12 hours now. I miss it.

Mindcrash is in bed, trying to recover from a serious case of cognitive dissonance.

The recent revelation, that his heroes in the EF/RHG stole millions of dollars worth of DAO investors' ETC and (clumsily) tried to launder them into exchanges for market manipulation purposes only to have them frozen when lawyers got involved, must have been a bit much for him to take.

Meanwhile, let's remember the good old days back before mindcrash got completely fucking REKT.

DeadBirdzz

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Quote from: Minecache on August 13, 2016, 09:04:07 AM

Quote from: adhitthana on August 13, 2016, 08:46:40 AM

Quote from: mining1 on August 12, 2016, 06:13:48 PM

And, i couldn't care less if whitehats dump the ETC, going with most people from ETC chain logic, they earned it.

Do you have any evidence about what "most people" believe?

Well everyone I speak to thinks the same. The white hats are the gud guys in all this. FFS

bla bla bla...no matter how you are trying to spin it, the ETH foundation have proved themselves to be thieving little muppets............END OF

Minecache

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Quote from: adhitthana on August 13, 2016, 08:46:40 AM

Quote from: mining1 on August 12, 2016, 06:13:48 PM

And, i couldn't care less if whitehats dump the ETC, going with most people from ETC chain logic, they earned it.

Do you have any evidence about what "most people" believe?

Well everyone I speak to thinks the same. The white hats are the gud guys in all this. FFS

adhitthana

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Quote from: mining1 on August 12, 2016, 06:13:48 PM

And, i couldn't care less if whitehats dump the ETC, going with most people from ETC chain logic, they earned it.

Do you have any evidence about what "most people" believe?

talkbitcoin

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Quote from: miayama on August 13, 2016, 07:48:43 AM

Quote from: Daisy14 on August 13, 2016, 07:12:08 AM

Quote from: Pursuer on August 13, 2016, 06:06:20 AM

thanks for sharing this here.
I had a suspicion that Ethereum foundation and the whales generally who have invested a lot of time and effort to pump ETH to the moon will not stay around silent forever while their manipulated coin ETH is dying. I was actually waiting for them to start dumping ETC to push its price down and show it as weak to others while they pump ETH themselves.

good on poloniex for freezing their scam money.

Now that the news is out that ETH whales are trying to dump ETC, more people will stop buying ETH. The whales have made themselves publicly known as schemers.

I think it could good to sell the ETC to the people who believe and want it. That will be action taken by the hackers in late August.

selling ETC to people who want it is so different than dumping ETC on the market so the price crashes.

the first one is a good thing and it is already happening without anyone getting in the middle of it.

but the second is called manipulation and it is wrong and in fact it is illegal in many countries to manipulate the market price this way.

miayama

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Quote from: Daisy14 on August 13, 2016, 07:12:08 AM

Quote from: Pursuer on August 13, 2016, 06:06:20 AM

thanks for sharing this here.
I had a suspicion that Ethereum foundation and the whales generally who have invested a lot of time and effort to pump ETH to the moon will not stay around silent forever while their manipulated coin ETH is dying. I was actually waiting for them to start dumping ETC to push its price down and show it as weak to others while they pump ETH themselves.

good on poloniex for freezing their scam money.

Now that the news is out that ETH whales are trying to dump ETC, more people will stop buying ETH. The whales have made themselves publicly known as schemers.

I think it could good to sell the ETC to the people who believe and want it. That will be action taken by the hackers in late August.

Minecache

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Quote from: mining1 on August 12, 2016, 06:06:33 PM

As i recall that was one of the many options at that moment, stall untill hard fork happened. And anyone with knowledge could drain the DAO, from being one of the many that wanted to counter the initial attacker to the one that owns the funds, well theres a very very long way. So is there anything that ties ethereum developers to that except for these speculations ? Because there could be 1000 different people that posted as "whitehat" attacker.
Theres nothing in your links that prooves anything, aside for speculations. If any developer from foundation tried to drain the dao before the hacker atacked again, or any other hacker trying to replicate the first atack, by your logic it means automatically he/she owns the other ~7mil ether ?

Yup. This website was created 2 days ago purely to spread disgusting vile FUD about ETH and yet again the ETC criminal coin supporters fall for it like fools.

RealityTruth

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Quote from: manselr on August 12, 2016, 11:12:39 AM

http://cointimes.tech/2016/08/12/etcdao-stolen-coins-frozen-by-exchanges-was-sent-by-ethereum-foundation-developers/

What's even more pathetic is they try to give any explanation towards what seems obvious: They were about to dump ETC for ETH, but Poloniex became aware those are stolen funds and froze their coins.

I don't get how ETH is still alive after so many fails and scammy behavior.

Wow

glad I got out from that coin.. not going to touch it again

Daisy14

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Quote from: Pursuer on August 13, 2016, 06:06:20 AM

thanks for sharing this here.
I had a suspicion that Ethereum foundation and the whales generally who have invested a lot of time and effort to pump ETH to the moon will not stay around silent forever while their manipulated coin ETH is dying. I was actually waiting for them to start dumping ETC to push its price down and show it as weak to others while they pump ETH themselves.

good on poloniex for freezing their scam money.

Now that the news is out that ETH whales are trying to dump ETC, more people will stop buying ETH. The whales have made themselves publicly known as schemers.

Redrose

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Quote from: BigSirko on August 12, 2016, 12:30:41 PM

Ethereum is ran like a third world country. Corruption / theft / embezzlement is rife in Ethereum, nobody seems to care enough to protest or to withdraw, and the comedy gold / popcorn munching continues unabated. Grin

Very funny Cheesy

! What makes it solid is the consensus of miners behind it. One miner, if he withdraws, don't make the pile of card get down. So he stays. That's individualism that make it solid in the miners. Then, people got used to the high prices, so if price fall, they will buy en masse and make it more solid.

bbc.reporter

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Yes. That is a good point. Vitalik and the Ethereum foundation are done. Their peers in the cryptosphere now do not look at them in high regard anymore. It also goes the same for the other developers like Tual of slock.it. Their careers are over. They should go back wherever they came from coding accounting software or something. Crypto must only be by the real coders not poser profiteers.

dinofelis

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Quote from: mining1 on August 12, 2016, 06:13:48 PM

And, i couldn't care less if whitehats dump the ETC, going with most people from ETC chain logic, they earned it.

That is correct, but we now know that there is no distinction between the "white hats" and the "DAO hacker". They are the same kind of people. The irony is that the so-called white hats were associated (even remotely) with the ETH foundation, which went to hardfork ETC into ETH for exactly the purpose of undoing what they are now shown to do in any case.

This kills off the little bit of "moral high ground" that the ETH foundation and their "white hat collaborators" assigned themselves, namely "undoing theft even if that means giving up our own engagements of immutability". In other words, the authors of the ETH hard fork are now found to adhere to the same principles of functioning as the DAO hacker and ETC, while their whole forking business was based upon their claim to be "of a different morality".

In fact the red line one can find in the ETH movement is that, even more than the DAO hacker, ANYTHING goes: not just playing by the hidden tricks in the game, but even altering the game, lying and cheating, as long as one can profit.

In fact, the ETH foundation has played "trustlessness" on an even higher level than was originally anticipated in trustless games. Brilliant !

Pursuer

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Where is my ring of blades...

Quote from: manselr on August 12, 2016, 11:12:39 AM

http://cointimes.tech/2016/08/12/etcdao-stolen-coins-frozen-by-exchanges-was-sent-by-ethereum-foundation-developers/

What's even more pathetic is they try to give any explanation towards what seems obvious: They were about to dump ETC for ETH, but Poloniex became aware those are stolen funds and froze their coins.

I don't get how ETH is still alive after so many fails and scammy behavior.

thanks for sharing this here.
I had a suspicion that Ethereum foundation and the whales generally who have invested a lot of time and effort to pump ETH to the moon will not stay around silent forever while their manipulated coin ETH is dying. I was actually waiting for them to start dumping ETC to push its price down and show it as weak to others while they pump ETH themselves.

good on poloniex for freezing their scam money.

Mzie

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this is crypto world

roselee

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Quote from: mining1 on August 12, 2016, 06:06:33 PM

As i recall that was one of the many options at that moment, stall untill hard fork happened. And anyone with knowledge could drain the DAO, from being one of the many that wanted to counter the initial attacker to the one that owns the funds, well theres a very very long way. So is there anything that ties ethereum developers to that except for these speculations ? Because there could be 1000 different people that posted as "whitehat" attacker.
Theres nothing in your links that prooves anything, aside for speculations. If any developer from foundation tried to drain the dao before the hacker atacked again, or any other hacker trying to replicate the first atack, by your logic it means automatically he/she owns the other ~7mil ether ?

thats the thing the only conection is alex van de sande
he said we drained it
who is we?
he sais now he wasnt involved but he gave them his tokens.
who is them ?

roselee

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and since alex van de sande admited he gave them his tokens to do the white hat hack
he knows there names
he was in contact with them he had to give them acess to his tokens.

thats the red line to follow. then we will get names !!!!!!!!!!!!!!!!

Topic: ETH Foundation was basically caught trading stolen coins in exchanges - page 4. (Read 5801 times)