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Bitcoin Crime

Meet the 'Assassination Market' Creator Who's Crowdfunding Murder With Bitcoins 291

schwit1 writes "As Silk Road emerged from the 'dark-web', other sites have appeared offering services that are frowned upon by most. As Forbes reports, perhaps the most-disturbing is 'The Assassination Market' run by a pseudonymous Kuwabatake Sanjuro. The site, remarkably, is a crowdfunding service that lets anyone anonymously contribute bitcoins towards a bounty on the head of any government official–a kind of Kickstarter for political assassinations. As Forbes reports, NSA Director Alexander and President Obama have a BTC40 bounty (~$24,000) but the highest bounty — perhaps not entirely surprising — is BTC 124.14 (~$75,000) for none other than Ben Bernanke."
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Meet the 'Assassination Market' Creator Who's Crowdfunding Murder With Bitcoins

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  • by ryanr ( 30917 ) * <ryan@thievco.com> on Monday November 18, 2013 @04:48PM (#45458139) Homepage Journal
    Assassination Politics [outpost-of-freedom.com] I think he went to jail for it.
    • by ifiwereasculptor ( 1870574 ) on Monday November 18, 2013 @05:09PM (#45458355)

      As well he should. That website's layout is downright criminal.

      • by Anonymous Coward on Monday November 18, 2013 @06:56PM (#45459221)

        That page might be "downright criminal", however, it is not the messenger, it is the message, that counts.
        That page was put up back in the mid-nineties. HTM code was quite limited. So, it ain't pretty. Neither are those who think that pretty means more than content.
        BTW, Jim did not put up the page. I did, as the FBI was looking at both Jim and I (investigating), so out of respect for Jim, I put it up while he was in prison. I will keep it up simply to stick it in the face of the feds.
        There have been over 600 visits to the page, today, mostly because of the link provided here. So, Jim's thoughts from two decades ago seem to still deserve attention.

    • Yeah this is fairly old news. As far as I'm aware he's been in and out of prison for most of his life since proposing the idea in a fit of extreme libertarianism. Did someone actually go through with it?

    • by PPH ( 736903 )

      Credit Default Swaps.

      You can include practically any terms you want in a swap. I'm sure the lawyers could write up a clause covering 'unplanned change in head of state' to cover an assassination. In fact, it would not surprise me if paper traded by major banks are covered for a sudden change in the Fed's governing body.

      <Tinfoil_hat_mode>I would not be surprised if the mortgage backed security market collapse was triggered in part by an 'unfavorable change in the Administration' clause in some contra

      • Agatha Christie: The Pale Horse.

        You place a bet with an unscrupulous bookmaker that a certain person will live beyond the next month. When that doesn't happen, you have to pay the bet.

        • by bmo ( 77928 )

          You place a bet with an unscrupulous bookmaker that a certain person will live beyond the next month. When that doesn't happen, you have to pay the bet.

          Isn't this called insurance?

          "The good-hands people" around yer neck.

          --
          BMO

          • by kill-1 ( 36256 )

            If you bet that your own house burns down, it's insurance. If you bet that your neighbor's house burns down, it's a credit default swap.

          • Actually with insurance you're betting that it WILL burn down.

            The analogy back to the bookmaker would be a bet AGAINST survival.

      • ...triggered in part by an 'unfavorable change in the Administration' clause in some contracts...

        Perhaps not in contracts, but in my time working in finance, I have seen investment strategies planned heavily on the outcome of a single election, considering ramifications for a few years in advance.

        While I never saw anything as ridiculous as "sell all of $SECURITY if $CANDIDATE wins", I did encounter plans like "if $CANDIDATE wins, move into $SECURITY until $PROMISE happens, then move out of $LOSER1 or $LOSER2 as appropriate".

    • This will be pretty good excuse for government thugs to shut down Bitcoin and possibly jail anyone having some in his/her posession. I'm not sure US government thugs did actually conceive such crap but I'm perfectly sure they wouldn't be happier hearing this news.
    • Yes, he went to jail for various tax-related charges, and then again for violation of parole, and was released in March 2012. And now this website is online. Not that the two have any affiliation.

  • by swschrad ( 312009 ) on Monday November 18, 2013 @04:49PM (#45458147) Homepage Journal

    guaranteed to get the whole government in on breaking the Bitcoin chain, as well as getting your ass parked in a Federal prison for a whole lot of years. it's so idiotic that it has to be a government operation to suck in idiots who are looking for jail time.

  • this post is sarcasm (Score:4, Informative)

    by gman003 ( 1693318 ) on Monday November 18, 2013 @04:50PM (#45458155)

    What, no direct link to the site?

  • by will_die ( 586523 ) on Monday November 18, 2013 @04:50PM (#45458159) Homepage
    It is pretty straight forward how it will work.
    1) People send in money.
    2) After a while the site closes down.
    3) Person that put up the site earns a nice profit.

    The only disturbing part is the guy did it so early, someone with real planning would of waited for the US Presidential election and then really brought in the money.
    • This. A million times this.

      I wish I had a bitcoin scam to stand up while they're still $hundreds a coin....

      Why do people send cash to god-knows-where and just pray it ever goes where it's supposed to...

    • by icebike ( 68054 )

      It is pretty straight forward how it will work.

      1) People send in money.

      2) After a while the site closes down.

      3) Person that put up the site earns a nice profit.

      Strike number 3, an replace it with:

      3) Three letter agency that put up the site knocks on your door.

      Seriously, how could you not consider this might be a honeypot for kooks?

    • seems wrong... (Score:4, Interesting)

      by schlachter ( 862210 ) on Monday November 18, 2013 @05:22PM (#45458511)

      it seems wrong that such a site with a list of people to execute could exist. it brings the good old lynch mob in to the digital era. fun times. gov officials should not have to operate in fear of assassination.

      yet. it is interesting that this is exactly what the us gov is doing with its enemies, building hit lists, ranking them, and executing.

    • It is pretty straight forward how it will work.
      1) People send in money.
      2) After a while the site closes down.
      3) Person that put up the site earns a nice profit.

      Yes, tick off a community of users whose defining trait is that like to hire hit men, that sounds like a wonderful business plan.

    • We found the missing part of the '???' belonging to this meme.
  • How exactly do you prove your the one who shot or poisoned the target? Seems difficult to collect not to mention the legalities and morals of the act. Sounds more like an FBI honeypot.
    • They sort of explain it in the article - the theory is that being the assassin, the act itself has been pre-meditated and you have chosen the date of the murder. You then make a donation to the deadpool, including a hashed version of your date. Once the act is done, you send an email (ideally anonymous) to the site operator with that date inside. The operator performs a hash check on it, and if it matches the data included with your donation, you are most likely the killer.
      Or, you're just really good at gu
      • by jcochran ( 309950 ) on Monday November 18, 2013 @05:39PM (#45458657)

        Seems to me that the creator of that site is shortsighted in how he or she confirms who the assassin is. Namely, that the assassin has to be able to specify the date of death prior to the death. That task if fairly easy for a large number of ways of committing murder. But not always possible. For instance.

        1. Poison
        2. Opportunity - Assassin may be in a position where he or she has multiple chances of contact with the target, but is unable to predict exactly when the contact would be suitable for the actual assassination.

        Frankly, the motive of the site creator is rather foolish and childish. Given this paragraph in the original article:

        Sanjuro's grisly ambitions go beyond raising the funds to bankroll a few political killings. He believes that if Assassination Market can persist and gain enough users, it will eventually enable the assassinations of enough politicians that no one would dare to hold office. He says he intends Assassination Market to destroy "all governments, everywhere."

        it seems to me that Sanjuro is advocating world wide anarchy.

        I personally, don't like most governments, however total anarchy is worse than the government we currently have. Frankly, we need something to hold in check the various sociopathic assholes that from time to time attack other people. We need public services such as fire, police, sanitation, sewers, water, etc. There's a lot of infrastructure that frankly needs a government. And even well balanced, social people from time to time will disagree with each other. And said disagreements will from time to time get quite acrimonious. Hence the courts.

        Frankly, Sanjuro is either a nutcase, or a honeypot. In either case, it would be best to avoid him.

  • Im on the list (Score:4, Insightful)

    by EMG at MU ( 1194965 ) on Monday November 18, 2013 @04:51PM (#45458171)
    I feel like I have been put on the list just for reading this. But then I realize I'm already on the list for everything else I read on the internet.

    I would be expecting the NSA to be cracking Bitcoin / TOR as we speak to prosecute people for material support of terrorism.
    • I would be expecting the NSA to be cracking Bitcoin / TOR as we speak to prosecute people for material support of terrorism.

      Cracking bitcoin wouldn't help the feds track down anyone. All it would let them do is print free money, which they can pretty much do anyway. Bitcoin isn't anonymous; it's pseudonymous. The NSA can, with no effort at all, find out your Bitcoin pseudonym. Then they just need to associate your that with your real identity, which they can do via their traditional means of spying on everything that happens.

      • by AmiMoJo ( 196126 ) *

        Not really. If you mine your own coins or get them through secure physical transactions (exchanging USB flash drives) they can be anonymous. Spend them via Tor and on something like this which does not require any of your personal information.

        • Once you spend them, your transaction (and your pseudonym) become part of the blockchain, and you are no longer anonymous (but are still pseudonymous). That is, anyone who checks the blockchain can find the id of who sent the coins. Anonymity relies on whether you can stop anyone making a connection between your blockchain id (pseudonym) and your actual identity - and you're correct, this is where things like Tor come in.

    • "I would be expecting the NSA to be cracking Bitcoin"

      I would expect them to be mining with some large ass cluster to fund new black projects.
    • Everyone is on the list.

  • I bet that the owner of the site could be charged with "conspiracy to commit murder".

  • So what if... (Score:4, Interesting)

    by Yaztromo ( 655250 ) on Monday November 18, 2013 @04:55PM (#45458219) Homepage Journal

    ...someone starts a bounty on the site for "Kuwabatake Sanjuro"?

    Yaz

    • Re: (Score:3, Funny)

      Comment removed based on user account deletion
    • by rsborg ( 111459 )

      ...someone starts a bounty on the site for "Kuwabatake Sanjuro"?

      Yaz

      He's not a government official. Neat self-exclusion. Also by not offering hits against corporate officers (way more interesting), he prevents a large amount of extrajudicial consequence from hitting him (governments are ostensibly bound by laws, corporations can operate in low-law zones). Perhaps, he figures, focus on proving an MVP [1], and then expand to more profitable markets once he has a reasonable amount of success?

      [1] http://en.wikipedia.org/wiki/Minimum_viable_product [wikipedia.org]

    • by dpilot ( 134227 )

      "The Assassination Bureau", starring Diana Rigg (Mrs. Peel) amoung others. The IMDB summary has the spoiler, but it's basically about the parent post, set right before WWI.

  • by Hatta ( 162192 ) on Monday November 18, 2013 @05:01PM (#45458283) Journal

    Political violence doesn't work to actually implement social change. It only plays into the hands of authoritarians who rule by fear, in this case fear of you. Kill Bernanke, and they have a great propaganda tool against your cause. And they can replace Bernanke with no trouble. And you haven't actually done anything to harm the people whose interests Bernanke is protecting.

    There is an excellent essay on the topic, dating from the 1970s, titled You Can't Blow up a Social Relationship [libcom.org]. From the preamble:

    When left-wing terrorism is being carried out in a consistent way in society, it gives the state extra leverage in using political repression against individuals and the left in general.

    When by their own actions terrorists serve such ends, they are contributing to the destruction of politics and the closing of various options for the spreading of ideas before they have been fully utilised.

    Of course, the state will readily use various repressive methods if it meets any substantial resistance or if it has to handle a social crisis which is creating resistance. Terrorism and guerrilla-ism cannot be attacked just because they produce repression. Even more important is the fact that there is nothing to have made it worthwhile. In the end the guerrillas get wiped out and there is nothing left but repression (and a law and order mentality amongst the people).

    • by Animats ( 122034 )

      Political violence doesn't work to actually implement social change.

      Shooting JFK was effective in changing policy.

    • Political violence doesn't work to actually implement social change. It only plays into the hands of authoritarians who rule by fear, in this case fear of you. Kill Bernanke, and they have a great propaganda tool against your cause. And they can replace Bernanke with no trouble. And you haven't actually done anything to harm the people whose interests Bernanke is protecting.

      I like to think I shouldn't have to say I am not advocating the assassination of Bernanke, but you never know around here...

      That said, an assassination of Bernanke might actually raise consciousness of the whole, "Wait, huh, the Federal Reserve is WHAT?!?" issue. It'd dominate news cycles. The assassin's manifesto explaining how "evil" the whole thing is might get poured over on news channels that aren't Fox. Who knows.

      • by Yaur ( 1069446 )
        Not likely. McVeigh's manifesto got 0 attention and Kaczynski's only got published because it was demanded at a point where he had already killed and promised to stop if it was published.
        • by geekoid ( 135745 )

          Also, the vast majority of people may just realized the Federal Reserve serves a very good purpose and chose to ignore kooks.

      • by geekoid ( 135745 )

        ""Wait, huh, the Federal Reserve is WHAT?!?"
        since everyone knows that, I"m not sure why killing him would do, in that regard.

        It would disrupt markets.

    • Re: (Score:2, Flamebait)

      Political violence doesn't work to actually implement social change.

      Education by Liberals equals stupidity. American Revolution (to name one). Civil War (to name another). If there is such a thing as a "good war", then the ones fought for liberty are the ones worth fighting, lest you end up a slave to a tyrant simply because you believe the lie "Resistance is Futile".

      Unless of course you are looking for an individual (or small group) who pulls off a coup of some sort. In which case, you'd be equally wrong. The Assassination of MLK Jr, while it (helped) affected change, it w

      • by Hatta ( 162192 )

        Unless of course you are looking for an individual (or small group) who pulls off a coup of some sort.

        Yes, that is the type we're talking about here. By the time you have a popular uprising, the social relationship is already destroyed.

        In which case, you'd be equally wrong. The Assassination of MLK Jr, while it (helped) affected change, it wasn't the change the assassin was aiming for.

        And that's exactly the effect the authors of the essay are warning against. Small scale political violence is counter-prod

    • What if you blow up the authoritarians? Say, the cock brothers?

    • And they can replace Bernanke with no trouble.

      Like, they could replace Bernanke with this person [wikipedia.org], who has already been selected to replace Bernanke... (though not yet confirmed by the Senate)

      It seems like a bad time to have Bernanke at the top of the list. What's the bounty on the new lady?

    • I hear what you're saying, but what if, and I'm going out on a limb here, but what if the American government was ultimately behind the 9/11 attacks? If the "authoritarians who rule by fear" are the ones causing the fear, then it's win, win for them.

      Looking over what you quoted, seems to drive my point home, no?
    • by geekoid ( 135745 )

      "Political violence doesn't work to actually implement social change. "
      that's why the Americas are British, Hitler is still running Europe, and Japan has a a world power military.

      POlitical violence is what cause the former democratic and liberal Mideastern countries to turn into religious theocracy.

  • Searching for Ben Bernanke brings up as first news "BERNANKE: Bitcoin 'May Hold Long-Term Promise'
    Business Insider - 4 hours ago
    Ben Bernanke sort of endorses Bitcoin."

    Do you think he knew of the bounty?

  • by StickyWidget ( 741415 ) on Monday November 18, 2013 @05:08PM (#45458341)
    I just remember the Pentagon wanting to set up something like this because they tend to be such great predictors of the future.

    http://www.nbcnews.com/id/3072985/ [nbcnews.com]

    ~Sticky

  • by Anonymous Coward on Monday November 18, 2013 @05:11PM (#45458383)

    ... only the guy who near single-handedly saved the world economy from total and utter destruction.

    (YES, he did have a bit to do with the bubble in the first place... but that was mostly the previous free-market, deregulationist Fed chairman's fault.)

    Of course, this assassination nonsense is a scam and a horrific idea. But sweet jesus, these anti-Fed demogogues are such self-denialist losers. Sure, let's go back to the gold standard so we can have a Panic every 15 years. Let's relinquish total control over our money supply and our economy for absolutely no reason. Let's just hand over our nation's economic advantage as the world's go-to currency... great idea... ...say the same idiots who insisted QE would lead to global hyperinflation (wrong), that the biggest problem our government has is the national debt (wrong), that nations need to tighten their belts during a recession (wrong), that there was no gold bubble (wrong), and that nothing bad would ever happen if we default... How many times do these people have to be proven wrong, over and over?

    But I guess it makes sense that the ultra-paranoid sorts of people who would be attracted to the idea of bitcoin are the same ones who would hold some kind of insane vendetta against the Fed, totally missing the mark on who REALLY to blame for the near collapse and meltdown of western civilization.

  • by seibai ( 1805884 ) on Monday November 18, 2013 @05:12PM (#45458399)

    For people who don't get the joke, "kuwabatake" means "mulberry farm" in Japanese (where you would raise silk worms).

    "Sanjuro" is a standard alias for a 30 year old guy [wikipedia.org] (it literally means "30 year old guy", more or less).

  • I wonder if this isn't an operation to sour the public on Bitcoin? I mean, not that it needs much to sour the folks here on Slashdot, but the common Joe/Jane on the street might need some Emmanuel Goldsteins to scream at for two minutes.

    And with all the revelations of Snowden and Wikileaks, calling someone a "tinfoil hatter" has lost most of it's sting.

  • I'll laugh if the entire site is a honeypot designed to identify people willing to crowdfund the assassination of world leaders.
  • Summary appears to be ripped verbatim from zerohedge. Or did it originate somewhere else? It'd be nice if people would cite their sources.
    http://www.zerohedge.com/news/2013-11-18/dark-web-exposes-75000-bitcoin-based-bounty-bernankes-assassination [zerohedge.com]

  • Why do I think the home server for this assassination market is located at the CIA headquarters?
  • by Jodka ( 520060 ) on Monday November 18, 2013 @06:26PM (#45459031)

    For every assassination bounty hosted they should also host a corresponding anti-assassination bounty. The assassin would be paid the net pro-assassination value, that is, the difference between the two bounties, and the bounty hosting site would keep the remainder. For opposing interests of equal magnitude in a bidding war this would be hugely profitable for the bounty hosting site and also result in nobody actually getting assassinated. It would also be more equitable because it represents the opinions of both pro-assassination and anti-assassination sides, not just the pro-assassination side.

    Though seriously, the entire subject is revolting. Almost every American, love Obama or hate Obama, love Bush or hate Bush, agrees that they do not want their President to be assassinated. Despite disagreements in American politics, there are essential fundamental core values which unite us all, and that we do not assassinate our leaders is one of them.

  • 1) Create anonymous crowd funding website for dodgy activity people won't want to own up to (out of fear, like drug or murder prosecution).
    2) Have people give you money.
    3) Shut down site and pocket money. ...
    Profit!

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