September 23, 2026

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Re: [ANN] Vsync – Sync with your peers anonymously – True meaning of freedom!

Re: [ANN] Vsync – Sync with your peers anonymously – True meaning of freedom!

markasoftware

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Ok, we have a pool up! Connect to pool.markasoftware.com:17010 for static or pool.markasoftware.com:17011 for vardiff (highly recommended, static difficulty is very low). payouts are as soon as coinbase transaction is payable. 5% fee, will lower once it gets more popular. Thanks!

EDIT: username is wallet addr, pw is anything.

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!
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NebulaZeroOne

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wallet and pool seem to be working fine

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

markasoftware

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wallet and pool seem to be working fine

Great to hear the pool is ok. Let me know if there are any issues.

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

markasoftware

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wallet and pool seem to be working fine

yep over 150 blocks found Smiley  were over the 200 blocks so block rewards are now 40 coins per block

to have a look how many blocks found have a looksy here

http://findblocks.com:8080/stats

Hmm? My pool (pool.markasoftware.com:17011) has 2 blocks mined and each gave 100 xvs per block, which is what it says on the thread starter.

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

findblocks.com

wallet and pool seem to be working fine

yep over 150 blocks found Smiley  were over the 200 blocks so block rewards are now 40 coins per block

to have a look how many blocks found have a looksy here

http://findblocks.com:8080/stats

Hmm? My pool (pool.markasoftware.com:17011) has 2 blocks mined and each gave 100 xvs per block, which is what it says on the thread starter.

your correct its 100 xvs per block my mistake

ps wheres ur pool page ?

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

markasoftware

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wallet and pool seem to be working fine

yep over 150 blocks found Smiley  were over the 200 blocks so block rewards are now 40 coins per block

to have a look how many blocks found have a looksy here

http://findblocks.com:8080/stats

Hmm? My pool (pool.markasoftware.com:17011) has 2 blocks mined and each gave 100 xvs per block, which is what it says on the thread starter.

your correct its 100 xvs per block my mistake

ps wheres ur pool page ?

Don’t have any stat page or anything currently, just headless NOMP. I am currently working on getting the built-in frontend up but it’s not very well-done: pool.markasoftware.com:8080

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

XVS

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-zip-

Hello,

We thank you for your concern, we are happy to answer to clear things up.

We did not hide the premine, in fact its pretty clear in the OP and code, anyone can check it.

We have a big plan to distribute the premine, to bring a big community together, our goal is to spread the coin to most people possible on a long term view.
A very small percentage will return to Vsync team.
We will have more information on this soon.

Thank you,
Vsync DEV

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

octavarium

-zip-

Hello,

We thank you for your concern, we are happy to answer to clear things up.

We did not hide the premine, in fact its pretty clear in the OP and code, anyone can check it.

We have a big plan to distribute the premine, to bring a big community together, our goal is to spread the coin to most people possible on a long term view.
A very small percentage will return to Vsync team.
We will have more information on this soon.

Thank you,
Vsync DEV

pm send
waiting airdrop

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!
XVS

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Ok, we have a pool up! Connect to pool.markasoftware.com:17010 for static or pool.markasoftware.com:17011 for vardiff (highly recommended, static difficulty is very low). payouts are as soon as coinbase transaction is payable. 5% fee, will lower once it gets more popular. Thanks!

EDIT: username is wallet addr, pw is anything.

Thank you for the Pool!

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

XVS

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We updated the OP with 2 pools.

Thank you.

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!
XVS

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What bounty will be?

We will have some bounty. Stay tuned and make sure to follow our twitter.

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

NebulaZeroOne

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Ive gotten my first payouts from the original pool. please remember miners you will be waiting 100 blocks to start receiving payouts from the pools everything seems a o k

Re: [ann] vsync - sync with your peers anonymously - true meaning of freedom!

(Why?)

Published at Thu, 06 Apr 2017 05:05:40 +0000

[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]Building Where Mt.Gox Office Was Located
Main office of Mt.Gox, a bitcoin exchange, was located on the fifth floor of this building, Round Cross Shibuya, until 2014 February.
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Programmer Gets 16 Months Jail Time for Bitcoin Laundering Scam

Yuri Lebedev, an immigrant from Ukraine, was sentenced to 16 months of jail for his role in a bitcoin scam that used an illegal bitcoin exchange, Coin.mx, for laundering money for a global hacking ring.


No matter how smart or lucky a criminal is, they usually end up facing the long arm of the law. The latest perpetrator to face justice is Yuri Lebedev, a Florida programmer who had emigrated to the US from Ukraine as an exchange student when he was 16. Now he’s being sentenced to 16 months in jail for his role in a bitcoin scam featuring the illegal exchange, Coin.mx.

Using Technology for Criminal Enterprise

Yuri Lebedev is 39, married, and the father of three children. He’s also the tech guru behind Coin.mx, an illegal bitcoin exchange that authorities say laundered money for a global hacking network. The court found that Yuri Lebedev did not actually launder any funds himself or be personally involved in any hacking, but he was found guilty of setting up and maintaining the illegal exchange.

The group behind Coin.mx targeted financial and publishing firms, such as JPMorgan and Dow Jones & Co., to steal customer data. They then targeted millions of victims to spam “pump and dump” penny stock schemes. The cryptocurrency they received for their attacks was then laundered through the Coin.mx exchange. Yuri Lebedev had set up an array of servers to process the transactions, which were disguised to banks as restaurant delivery charges and online purchases of collectible items in order to be converted into cash. The actual operator of Coin.mx was Anthony Murgio, who was sentenced to 5 1/2 years of prison. The man behind the hacking scheme itself is Gery Shalon, an Israeli citizen, who was recently released from jail after agreeing to pay of fine of $403 million USD.

Shining Opportunity Squandered

As for Yuri Lebedev, he explained his part in the scheme as wanting to create “cutting edge technology” and build something “that would make me exceptional.” He added that he “got carried away.” However, he is lucky in that he did not get the full ten years that he was facing.

It’s a sad twist as Yuri Lebedev had done a lot to improve his lot in life. He was born in Russia and raised in Ukraine. He was abandoned by his alcoholic father when he was 8 and raised by his mother, who was a scientist. He came to the US as an exchange student when he was 16. He graduated from Valdosta State University with degrees in physics and computer science, and he then went on to gain a Masters of Science and Physics from Florida State University. As one could see, Yuri Lebedev is an extremely bright individual and actually didn’t need to turn to crime for money.

An interesting twist on the federal case is that the judge ruled that Bitcoin is money. US District Judge Alison Nathan ruled:

Bitcoins are funds within the plain meaning of that term. Bitcoins can be accepted as a payment for goods and services or bought directly from an exchange with a bank account. They therefore function as pecuniary resources and are used as a medium of exchange and a means of payment.

Do you think that Yuri Lebedev squandered his opportunity by being part of a bitcoin scam? Does such laundering schemes hinder the wider acceptance of cryptocurrency? Let us know in the comments below.


Images courtesy of Pixabay, Flickr, and Public Domain Pictures.

The post Programmer Gets 16 Months Jail Time for Bitcoin Laundering Scam appeared first on Bitcoinist.com.