Gizmodo And Wired End Week Waffling On #Hoaxtoshi

Last week on Tuesday Gizmodo and Wired speculated to much derision a new candidate to correspond in meatspace to the ephemeral Bitcoin creator Satoshi Nakamoto. Both outlets ended the week by each publishing their own pieces resembling admissions of doubt about their initial reports in varying degrees. Wired came closer to doing the right thing by admitting (archived) they were in all likelihood attention scammed by Hoaxtoshi. Gizmodo on the other hand, lacking in humility and journalistic sobriety, in their piece work to salvage the narrative they presented with an appeal to mystery (archived). Continue reading

Hoaxtoshi Has History Of Business Bad Blood

The saga of Hoaxtoshi heats up as Craig Steven Wright, the man who want to be known as Satoshi and whose home was raided, is being reported in the financial press as a huckster with a history of bad business deals and adverse judgements in court (archived). Hoaxtoshi was alleged to correspond to the identity of the historical Satoshi Nakamoto by writers from Wired and Gawker Media. These writers by all appearances followed a collection of evidence most likely fabricated by the Hoaxtoshi Craig Steven Wright himself. Continue reading

Craig Steven Wright Raided By Australian Police

Hours after Wired and Gizmodo reported on the same day that Craig Steven Wright is their best guess for a likely Satoshi Nakamoto, Australian Federal Police began reportedly began raiding residences and businesses associated with Wright (archived). Mainstream media are parroting police assertions that the raids are unconnected with the possibility Wright may be Nakamoto but instead related to Australian Taxation Office matters. Given the timing of the raid however it is exceedingly likely police, the tax office, and other agents of fiat when reading the recent speculation did as a point of fact become aroused on rumors of Satoshi's hoard. Continue reading

Australian Faces 88 Charges Related To Darknet Child Pornography Sites

Australian newspaper the Herald Sun reports (archive) that 22 year old Melbourne man Matthew David Graham appeared in court last week to face 88 charges related to the operation of 12 darknet child pornography sites. Graham is also accused of providing instruction on the abduction, rape and murder of a five year old girl in Russia.1 Continue reading

  1. I am unable to find a newspaper article reporting such an event took place. Perhaps the discussion was mere fantasy or reporting of the case remains suppressed as was the case with this one. 

Bitcoin Group's IPO Hit With Stop Order By Australian Regulator

The Australian Securities and Investments Commission has issued an interim stop order on Sam Lee's Bitcoin Group IPO which intends to float on the Australian Stock Exchange later this year. After considerable delays, the Bitcoin Group lodged its prospectus late last month with the regulator issuing the interim stop order on the 13th of July1. At this time, ASIC provides no information as to why it has issued the interim stop order. ASIC describes a stop order as: Continue reading

  1. Document #027846316 

FATF: Concerns Regarding Use Of Bitcoin By Terrorists

The Australian reports(paywalled) (archive) that a Financial Action Task Force meeting scheduled to run June 21st through 26th in Brisbane, Australia will include discussions regarding the possible use of Bitcoin by terrorists with the view that exchanges who turn bitcoin into fiat currency should be required to report transactions it perceives to be suspicious. At discussions held yesterday, the current head of FATF and former Australian public servant Roger Wilkins (archive) also shared concerns regarding the use of cash, saying: Continue reading

The Chicken Brothers Cook Up Some Ransomware

Bloatware publisher Symantec reports (archive) that a variant of Cryptolocker is infecting numerous computers throughout Australia, demanding a ransom of up to AUD $1,000 or USD $790 payable to none other than Los Pollos Hermanos.

The Breaking Bad branded variant, which encrypts common file extensions such as *.gif, *.doc, *.mp3, *.pdf, *.txt. *.zip, *.xls and so on directs victims to email for support related enquiries, but at this time that inbox is empty. Continue reading