27 Aug '12, 8pm

Bitcoin Pyramid Scheme Shuts Down, As Pyramid Schemes Do by @PandoDaily #FinTech

Bitcoin Savings & Trust, the company that many suspected would end up being exposed as a fraudulent Bitcoin pyramid scheme, has ended up displaying all of the signs of a pyramid scheme. Most recently, according to The Verge, the “bank” lost all of the money, and hasn’t been communicating clearly with investors that lost around $6 million. But BitCoin is

Full article: http://pandodaily.com/news/bitcoin-pyramid-scheme-shuts-d...

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Suspected multi-million dollar Bitcoin pyramid scheme shuts down, investors revolt

Suspected multi-million dollar Bitcoin pyramid ...

theverge.com 27 Aug '12, 7pm

Remember pirateat40, the e-currency banker we speculated could be the Bernie Madoff of Bitcoin ? Well, it looks like he ow...

Bitcoins were invented to teach libertarians what an unregulated market is like.

Bitcoins were invented to teach libertarians wh...

mobile.theverge.com 27 Aug '12, 9pm

Remember pirateat40, the e-currency banker we speculated could be the Bernie Madoff of Bitcoin ? Well, it looks like he ow...

"Pirateat40" Makes Off $5.6M USD in BitCoins From Pyramid Scheme #bitcoin

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dailytech.com 28 Aug '12, 8pm

everyone's favorite quasi-legal internet currency , are still lingering around thanks to strong support from the hacker, f...

Bitcoin ponzi scheme exposed

seeker401.wordpress.com 02 Sep '12, 11pm

” And at the same time the consciousness of being at war, and therefore in danger, makes the handing-over of all power to ...

Large Bitcoin Ponzi Scheme Collapses With a Los...

news.feedzilla.com 29 Aug '12, 9am

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Bitcoin Ponzi Scheme Collapses With a Loss of $...

news.hitb.org 29 Aug '12, 3pm

Remember pirateat40, the e-currency banker we speculated could be the Bernie Madoff of Bitcoin? Well, it looks like he owe...

Large Bitcoin Ponzi Scheme Collapses With a Los...

news.slashdot.org 29 Aug '12, 9am

New submitter beltsbear writes "Despite the many people calling it out as a Ponzi scheme from the beginning, Pirateat40 wa...

Large Bitcoin Ponzi Scheme Collapses With a Los...

news.slashdot.org 29 Aug '12, 11am

"Despite the many people calling it out as a Ponzi scheme from the beginning, Pirateat40 was able to collect millions of d...

Bitcoin ponzi scheme – investors lose $5 million USD in online hedge fund

Bitcoin ponzi scheme – investors lose $5 millio...

rt.com 29 Aug '12, 7pm

The decentralized, digital Bitcoin currency has caught the attention of people around the globe who are unhappy with how n...

Bitcoin Continues Winning - Up 8% in Aug, YTD 2012 Now Up 115%. Month-end summary: #Bitcoin

Bitcoin Continues Winning - Up 8% in Aug, YTD 2...

bitcoinmoney.com 02 Sep '12, 5am

While many Bitcoin-related developments originate out of the U.S. (e.g., from CoinBase which just raised a quarter million...

Bitcoin exchange shuts after heist

theregister.co.uk 05 Sep '12, 2am

Bitcoin exchange Bitfloor has suspended its operations while it tries to figure out who pinched 24,000 units of the virtua...

Fiat Money - Circa 2012: #Bitcoin

Fiat Money - Circa 2012: #Bitcoin

bitcoinmoney.com 03 Sep '12, 6am

This map of currencies around the world , shared through a Reddit post , features the fiat currency used by each nation. I...