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note: this is old news I found but doesn't seem to be on the timeline, not sure what the policy is on backfilling entries but filing this just in case
According to the statement from the US department of justice, HashFlare was a fake bitcoin/eth/whatever mining pool that reported a hash rate that was higher that the rate that is actually being mined, and sold those to its customers.
Date
2022-11-21
Description
note: this is old news I found but doesn't seem to be on the timeline, not sure what the policy is on backfilling entries but filing this just in case
According to the statement from the US department of justice, HashFlare was a fake bitcoin/eth/whatever mining pool that reported a hash rate that was higher that the rate that is actually being mined, and sold those to its customers.
Links
https://www.theverge.com/2022/11/23/23474163/hashflare-crypto-mining-alleged-scam-arrests
https://www.bbc.com/news/world-europe-63711843
Agreement
Attribution name
@fee1-dead
Personal link
https://hachyderm.io/@beef
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