Exodus Bitcoin Wallet: $490K Swindle
popey.com
tl;dr: A Bitcoin investor was recently scammed out of 9 Bitcoin (worth around $490K) in a fake “Exodus wallet” desktop application for Linux, published in the Canonical Snap Store. This isn’t the first time, and if nothing changes, it likely won’t be the last. This post turned out longer than I expected. So if you don’t have the time there’s a briefer summary at the bottom under “In summary (the tl;dr)” along with my suggestions on what Canonical should do now.

A Bitcoin investor was recently scammed out of 9 Bitcoin (worth around $490K) in a fake “Exodus wallet” desktop application for Linux, published in the Canonical Snap Store. This isn’t the first time; if nothing changes, it likely won’t be the last.

  • HumanPenguin@feddit.ukEnglish
    166·
    4 months ago

    Of course based on that definition. Fiat currency is the same. Just without the complex number.

    I am really not a huge fan of crypto. But honestly all modern (post gold standard) money. Is entirly based on users confidence in the nations backing it. The proof of work used for bit coin. Really is no more a matter of faith in folks dumb enough to buy it from you later.