One of the most famous cases in the short history of Bitcoin has finally been decided in court. An American judge sentenced Trendon Shavers – best known as ‘pirateat40’ -, to pay a combined $40.7 million for running a Ponzi scheme.. Shavers was the owner of Bitcoin Savings and Trust, a company that sold investments using BTC and was investigated by the Securities and Exchange Commission ... However, in August, Bitcoin was waiting for another collapse. After Trendon Shavers (Priate @ 40) stopped paying BTC for the obligations of his “investment fund” Bitcoin Savings and Trust, the price of cryptocurrency fell sharply by $3 and amounted to less than $11 per BTC. April 2013: DDos attack. Although 2012 was a difficult year for cryptocurrency, the cost of BTC continued to grow ... Trendon T. Shavers is the name of the man recently charged by the US Securities and Exchange Commission (SEC) for allegedly running a Bitcoin-related Ponzi scheme.However, the Bitcoin world knows him better as the famous ‘pirateat40’. The founder and main operator of Bitcoin Savings and Trust (BTCST) offered and sold Bitcoin-denominated investments through the platform, collecting a true ... Trendon Shavers, operating under the alias “pirateat40”, has been charged by US District Court for operating a Bitcoin-related Ponzi scheme, misappropriating approximately $4.5 million worth of Bitcoin.. Bitcoin Savings and Trust, along with Mr. Shavers have been accused of illegally appropriating roughly 146,000 of 764,000 Bitcoins (estimated at $4.5 million) his operation raised between ... Hinter diesem Schema steht Trendon Shavers, der unter den Pseudonym Pirateat40 einen eigenen Bitcoin-Fonds aufsetzte. Bei Bitcointalk.org versprach Shavers den Anlegern im November 2011 eine wöchentliche Rendite von sieben Prozent. Bereits im August 2012 schloss Shavers den Fonds, da die Verwaltung zu komplex sei. In August of 2012, Bitcoin lost more than half of its value in just 3 days after Bitcoin Savings & Trust, a ponzi scheme that promised substantial weekly payouts to its investors, halted its promised payouts. The scheme’s operator, Trendon Shavers, claimed that more than 500,000 BTC in total was deposited into the scheme. In 2016, Shavers was sentenced to 18 months in prison. According to ... The largest Ponzi scheme to date is also featured in the video. Bitcoin Savings and Trust, operated by Trendon Shavers, stole approximately 265,675 BTC from its customers. Another high-profile heist was the 2016 Bitfinex hack, which lost about 120,000 BTC. The video explains what happened there as well.
[index]          
The SEC alleges that Trendon T. Shavers, who is the founder and operator of Bitcoin Savings and Trust (BTCST), offered and sold Bitcoin-denominated investments through the Internet using the ... "Top 10 Bitcoin Villains" is presented by Bitcoin.com 1 Mark Karpeles 2 Trendon Shavers 3 Alex Green aka Ryan Kennedy) 4 Steve Chen (gemcoin) 5 Danny Brewster 6 Josh Garza 7 Carl Force & Shaun Bridges Binance - How to use BINANCE Exchange & BNB Network and Bitcoin Announcement Βinancе Global 2,429 watching Live now COMO HACER UN FADE CON LA 2 ARIBA/JEFF THE MASTER BARBER TUTORIAL ESPAÑOL ... Have you ever wondered how much money does it take to start an ATM business, its like being a small bank. I think thats idea is very cool. So I’ve decided do... Gamersnet.nl is zo om en nabij de oudste, nog onafhankelijke gamewebsites van de Benelux. Al sinds het jaar 2000 voorzien wij talloze gamers van hun dagelijk... Un juez federal de EE.UU. dictamina por primera vez que el bitcóin es una moneda legítima, protegiendo a sus usuarios, pero también abriendo la veda para que... 🔴 Bill Gates Live Microsoft, Bitcoin Crash, Anti-Bearish Coalition, Investments News Microsoft US 5,186 watching Live now 14 WIN MONEY TRADING ONLINE FROM HOME GANA DINERO RAPIDE - Duration ... 32-year-old Trendon Shavers of McKinney, Texas was charged today under suspicion of misappropriating about 146,000 of his investors' bitcoins. Prosecutors are calling this the first federal ... Tone Vays On Bitcoin Maximalism & The FUTURE Of Bitcoin! ... Innovations In Crypto Finance With Jenny Shaver of SALT by World Alternative Media. 8:26 . Making Crypto Easy For Mass Adoption by ...