Celsius exposes the names of all customers
web3isgoinggreat.com
web3isgoinggreat.com
Now, many years later, many people are still hanging onto the properties and are unable to unload them as they cannot conceive that their holdings are worthless. The shady RE companies sold their information (or passed it along within their 'organization') and the land purchasers are now preyed upon again; this time, by scammers who claim they can sell the property (but require a ~$3000 payment in advance).
This PDF is the crypto equivalent of that forest land buyers list, and everyone on it can look forward to being preyed upon for the rest of their life.
(Here is a great video about the whole sordid thing, Japanese only though https://www.youtube.com/watch?v=TPzTDRmtozc)
https://en.wikipedia.org/wiki/Laird#Souvenir_plots_and_false...
Sure, much different also given that the money involved is much less, still a good proxy for gullibility.
Lord Hicks of Lochaber would like to have a word with you:
https://www.dailyrecord.co.uk/news/scottish-news/essex-firem...
Bit of an aside, but I find it odd how hostile people are to Americans retaining any connection to their European ancestry.
If I tell people I'm half-Indian and half-Persian nobody bats an eye. If my wife tells people she's half-Irish and half-Czech she gets treated like she's not supposed to have any heritage or culture other than whatever people imagine as "white American".
It's strange to me that there aren't more coordinated investigations. Individually, these will often be smaller sums, nothing that'll justify international police actions, but collectively the damage is huge. Even just one gang will reach millions of USD. They're not criminal master minds, Youtubers are able to track them down.
- it's surrounded by private property, and the neighbor must offer some sort of passage through their land to yours. If it's a field, it does mean to destroy permanently part of it so you can go through.
- it has at least one border with public property, and the state must provide a real asphalt road to access it.
However, you are left to organize traversal of your own land, so if your house is deep inside it, you get to pay. And of course, getting power lines and water pipes connected to it is still 100% at your charge.
In Canada the bankruptcy judge can and hide creditors (and the quadrigacx creditors are almost all unpublished).
Not sure if the US judge decided not to, couldn't, or nobody asked so they couldn't decide.
This seems like a straightforward legal cock-up.
Lehman Brothers just finished up it’s liquidation after 14 years. It’s trustee listed all its creditor claimants’ names and addresses and their claimed amounts, even if it’s just a few bucks.
EDIT: Nevermind, found it [0]
[0] https://ia601401.us.archive.org/28/items/celsius/celsius.pdf
These _could_ be clawed back by the trustee to increase recoveries for all creditors. They might go after large amounts.
The 1400pg listing of "Non‐Priority Unsecured Retail Customer Claims" and amounts is here:
https://cases.stretto.com/public/x191/11749/CORRESPONDENCE/1...
(As I understand it, as Celsius made interest payments, pretty much every retail claimant got some kind of payment in the 90 days before bankruptcy, so the names almost entirely overlap)
but I’ve always found it easy to find an individual based on an amount a range of dates (with a bonus of knowing probable destinations)
not interested in that but yeah its there
You just need one instance where you can connect a pseudonymous identifier to a real person, and boom, you have the whole history and future right there.
For most cryptocurrencies (including Bitcoin and Ethereum) it is trivial to calculate someone's balance if you know their public key (aka wallet address). Someone can maintain multiple wallets for privacy, but transactions between them (directly or indirectly) can be used to correlate and find the source of funds. This is why bitcoin mixers[1] exist.
There's a whole bunch of so-called "privacy coins" that attempt to address these issues and others (e.g. by making it harder to tell which IPs transactions are broadcast from).
[1] https://techcrunch.com/2022/08/12/suspected-tornado-cash-dev...
Why do you say "so-called"?
I obviously can't speak to OP's view, but in general the privacy coins are all small bit players. Because of that they are vulnerable to 51% attacks, this _can_ happen as the first google hit I did just now so that I could appear smart and knowledgeable :D : https://www.coindesk.com/markets/2020/11/08/privacy-coin-gri...
How practical such an attack would be on the bigger networks I don't know, there were a couple of February ones saying monero was at risk, but I have no idea how plausible that would actually be.
I would also consider smaller coins more likely to run into transaction correlation simply due to volume - I really don't know how secure the coins are if there are few participants, but if it's a small network looking for 10btc/eth transfer with a corresponding transaction in the small network, and then a later transaction back, doesn't seem implausible. My thinking here is purely along the lines of "imagine a mixer that only has 1 participant", that's obviously going to achieve nothing, but how many participants are needed before it stops being useless?
So they made the ledgers open and let *ALL participants* run the same calculation at the same time with a fancy name Proof-of-Work. So with some easy cross ref you can easily find out exactly who did what and own how much etc.. Dumb huh? But it doesn't end there. Soon the participants realized they could not trust their counter parties. In a scenario that someone trade his/her crypto for fiat money(let's say money from now on) is not guaranteed to receive the money after the cryto transferred out or vice versa as transfer of crypto and transfer of money are two separate processes and none one can make sure both to happen as intended.
So the exchanges came into play. But wait, weren't they the centralized institutions crytos aimed to remove? Decentralize by centralizing but with almost no regulations. I cannot find anything better for frauds.
Technology is difficult, and we outsource the management massively.
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I once found a locked iPhone and tried to give it back to the owner by asking Siri to dial random sound bits (I didn't know about "ICE"). The first two people in the person's phone books were super sketchy people who claimed it was their phone, and when I asked what number they were calling from, started walking sideways in the conversation. Social recovery wallets are great if you have trustworthy friends. ;-)
You cannot expect privacy with cryptocurrencies when you renounce to it voluntarily by doing this.
In addition leaks of this kind when it comes to credit card numbers and other sensitive financial information are not very rare unfortunately, hopefully you express the same concern when it happens to millions of people every year.
And what do you think the US reaction to something like that would be?
Asking them to pay a fine, ultimately backed by the threat of perhaps imposing tarrifs or seizing their assets in the EU.
> And what do you think the US reaction to something like that would be?
It would be negotiated, there would be a line in some treaty somewhere, most likely a fraction of a percent in the next trade deal.
Yes, the US is the mightiest country around, but that doesn't mean it can act with complete impunity. Publishing EU citizens' details without due process or compensation is no different from e.g. seizing the assets of an EU company without due process or compensation - something which would and should trigger a diplomatic protest.
The GDPR is explicitly about EU companies (or American companies with EU subsidiaries) that have EU-based customer data. An American bankruptcy court, or any kind of court, is not an EU company, or any kind of company.
> This Regulation does not apply to the processing of personal data: in the course of an activity which falls outside the scope of Union law;
Article 3
> This Regulation applies to the processing of personal data of data subjects who are in the Union by a controller or processor not established in the Union, where the processing activities are related to: (a) the offering of goods or services, irrespective of whether a payment of the data subject is required, to such data subjects in the Union; or (b) the monitoring of their behaviour as far as their behaviour takes place within the Union.
Article 4
> ‘controller’ means the natural or legal person, public authority, agency or other body which, alone or jointly with others, determines the purposes and means of the processing of personal data;
It is about data controllers, not companies - independent of the location of the controller. Celsius might be in the clear due to Article 2 (IANAL), but GDPR definitely applies to data controllers who have no EU subsidiaries irrespective of whether they are a company.
The EU can scream all they want, but they have no recourse whatsoever.
Also, extraterritoriality is ass.
An American court is neither a company nor in Europe.
This Regulation applies to the processing of personal data of data subjects who are in the Union by a controller or processor not established in the Union, where the processing activities are related to: the offering of goods or services, irrespective of whether a payment of the data subject is required, to such data subjects in the Union; or the monitoring of their behaviour as far as their behaviour takes place within the Union.
https://gdpr-info.eu/art-3-gdpr/
I'm not sure an American court fits either of those conditions, but it's absolutely not limited to companies doing business in Europe.
What are they going to do? Send them a mean letter?
It wouldn't apply in this case due to other reasons though.
Now holding to this list or using it for unrelated purpose would go against GDRP.
because I was scrolling through it and that gave me a chuckle. But its hard to know who was just a degen versus who was gullible and undiscerning.
Also, individuals can hold jobs/positions which are not congruent with their beliefs... usually it doesn't last for a whole career (as it does take a toll on mental health). If you have worked in finance you will certainly know what I am talking about.
IRS reminds taxpayers they must check a box on Form 1040, 1040-SR or 1040-NR on virtual currency transactions for 2021
IR-2022-61, March 18, 2022
WASHINGTON — The IRS reminds taxpayers that there is a virtual currency question at the top of Form 1040, Form 1040-SR and Form 1040-NR. It asks: "At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?"
All taxpayers filing Form 1040, Form 1040-SR or Form 1040-NR must check one box answering either "Yes" or "No" to the virtual currency question. The question must be answered by all taxpayers, not just taxpayers who engaged in a transaction involving virtual currency in 2021...
https://www.irs.gov/newsroom/irs-reminds-taxpayers-they-must...
wow this pdf really slows down my iphone to read. safari doing too much, but yeah 14,000 pages is improbable and a lot
only 9.5mb though
synced to icloud
edit: acrobat reads it at the expected 60 fps