Our London Correspondent Nick Ayton aka the Sage of Shoreditch interviews a professional scammer, comments on the latest Ethereum meetup, new Criminal Coin ICO, and Satoshi spotted in Wimbledon.
Ethereum London MeetUp now the world’s biggest
Now it’s official. The Ethereum London Meet Up run by Stefan Tual and other core industry colleagues is now the largest Ethereum group in the world with over 4,166 members. Go London, maybe the next meetup should be at Olympia.
With Berlin, New York and Manila pressing hard it will take a big effort for London to maintain its top spot. Enjoy the limelight boys as tough competition is ahead and we have SegWit coming up that could have consequences for the entire crypto market.
New Criminal Coin really is what you think
So many ICOs, so many Tokens. CT caught up will serial offender Ray ‘the fence’ Pinkerton who has just launched Criminal Coin to find out how it works
CT: Ray, what is the idea behind Criminal Coin?
Ray ‘the fence’: It’s quite simple really. Do you know how hard it is to convert stolen goods into money? Very, and I should know…
CT: I assume that is why they call you ‘the fence’?
RP: Hard working robbers come to me to move their goods and make em liquid, to give em some dosh. But it ain’t easy. So I needed a mechanism and decided to launch Criminal Coin and do my own ICO.
CT: How did it go?
RP: Well, as you can imagine there are many robbers and people that steal our stuff, many industries that rob us of our hard earned money and people are fed up.
CT: You mean burglars?
RP: No, I mean bankers, financial advisers and yes robbers, fraudsters…as most large organizations and institutions steal from us one way or another. They are no better than the average ‘cat burglar’ in many ways they are worse because they hide behind so called rules and regulations that don’t protect anyone
CT: So what do investors receive when they buy a Criminal Coin
RP: We are calling it CrimCoin as it has a nice ring to it don’t yu fink. Each CrimCoin costs £0.25pence in the Queens money and investors get access to our CrimExchange services, where stolen goods are available to buy a bit like how eBay works. But the currency of the exchange platform is CrimCoin and once you invest, you can buy the stolen goods with CrimCoins. Robbers open up an anonymous account and put up their goods up for sale.
Apart from your normal household goods, TVs, HiFi and computers we are finding a lot of stolen pensions, mortgage product and asset backed financial products as they carry high-profit margins. We are getting a lot of car loans right now that are worth more than the cars. Nobody knicks cars anymore, who wants to steal a hybrid as they make rubbish get away cars.
CT: So its going well then Ray
RP: Very, although we did have some ex-banker chap who created loads of fake accounts and another chaps trying to rig the exchange rate of CrimCoin both we had to remove from the exchange. I am trying to run an honest business here and next year we go global as there is huge demand from overseas fellow ‘fencers.’
Just think a global market for criminals to share and manipulate each other, making money from stealing wealth and assets from others…hardly original Ray as we have one of these - its called the Fractional Reserve Banking system.
CT Interviews professional scammer Naughty Boy Knobbs
Cointelegraph caught up with professional scammer and master mind of what many are calling fake ICOs Nigel ‘naughty boy’ Nobbs who explains how easy it is to get people to part with their crypto.
CT: It was good of you to agree to speak to us.
Naughty Boy: I don’t have much time, you see those two blokes in dark suits. They work for the SEC and they hate me…
CT: How many ICOs have you scammed?
NB: I have been involved in several. It is not easy to get an ICO away and the ‘crypto police’ can give you a hard time if you are not prepared. ICOs are growing in popularity because people have made so much profit from crypto