WARNING: Ongoing ICO AMMBR, or more aptly SCAMMBR, is being run by former Butterfly Labs hacks

They say birds of a feather flock together and apparently that now includes butterflies. I recently came across a new crypto/hardware company, AMMBR, doing an ICO that contains at least 7 former members of the infamous Butterfly Labs company in varying capacities.Interestingly enough, my curiosity was peaked piqued as a family member who was involved with BFL mentioned this project on Facebook and I automatically knew there had to be a connection to BFL because that family member knows practically nothing about cryptocurrency. Unfortunately, it seems he has not learned from his mistakes and is still participating in shady, possibly illicit activities, along with many of his former butts!I’m now going to connect the dots for you to the people associated with SCAMMBR to show beyond a reasonable doubt that they are a quasi-reincarnation of BFL.If you go to their website, www.ammbr.com, you can see their team members. Here are some of note:1.) FORMER BFL Chief Technology Officer: Nasser GhoseiriNasser was the Iranian living in France and one of the three named defendants in the case brought against BFL by the FTC which BFL lost.BFL CONNECTION:https://ift.tt/2Xz5ZPs CONNECTION: Senior IT Consultanthttps://https://ift.tt/2SsSJrF) FORMER BFL VP of Marketing: Jeff OwnbyJeff is the infamous character who pulled the trick of buying Buttcoin.org surreptitiously and then chanigng the negative articles to positive. Jeff isn’t listed on the official site, but he’s always worked behind the scenes from my experience as he was never listed as a BFL employee either. While he doesn’t list BFL on his LinkedIn profile, it’s fairly obvious when you read his experience at ForceStream.BFL CONNECTION:https://ift.tt/2XrD2EP CONNECTION: VP of Marketinghttps://www.linkedin.com/in/jeffownby/https://www.crunchbase.com/organization/ammbrtech#section-board-members-and-advisors3.) FORMER BFL Marketing Manager: Jurie PieterseJurie is Jeff’s right-hand man and took over my position after it changed hands once since I left. Wherever Jeff goes, Jurie seems to follow, even on one of their new ventures: https://ift.tt/2Xz61a2 CONNECTION:https://ift.tt/2Su6G8O NAMED IN COURT DOCUMENTS FROM FTC CASE TRANSCRIPTS)SCAMMBR CONNECTION: Chief Marketing Officerhttps://https://ift.tt/2Xz62L8) FORMER BFL PRODUCT DESIGN CONSULTANT: Jason AspinallJason was brought in at BFL when the redesign of the BitForce series needed to be done due to heat issues and for a variety of other design issues.BFL CONNECTION:https://ift.tt/2StrHAl CONNECTION: Electro-Mechanical Design & Testing Engineerhttps://https://ift.tt/2Xz63ia) FORMER BFL PCB DESIGNER/MANUFACTURER: Ankur PatelBFL used Ankur Patel and his company PCB Overnight for their boards in the miners. These boards suffered numerous problems and could not be produced in the quantity needed.BFL CONNECTION:https://ift.tt/2SsZpWT CONNECTION: Head of PROCUREMENThttps://https://ift.tt/2Xz64Tg who else is on the team? After checking out their team page, I saw a photo with a few familiar faces. Wanna know who they are?SCAMMBR TEAMNOTABLE FIGURES IN PIC:1.) Third from the left is The Infamous Josh Zerlan, aka Inaba, aka u/NitroWolf, aka BagO’Dicks, former VP of Product Dev at BFL, and now apparently consulting or a part of SCAMMBR according to the “Projects” section of his LinkedIn profile: https://ift.tt/2StrKMx) Four spots to the right of Josh is The Infamous Dave “The Knife” Mcclain, aka "THE MOLE", former BFL Account Manager, who seems to be a part of it as well as he is pictured on their website with their team in a photo which also includes Josh. Not sure what he does there as he has little understanding of cryptocurrency or just about any technical development since the VCR.BUT WAIT, THERE’S MORE!SCAMMBR was originally founded in 2017.(SOURCE: https://ift.tt/2XqaSu0 https://ift.tt/2StrLQB it had two main issues which found itself on the dead coin list until it was recently resurrected, one being lack of interest/exchange listings and the other being a major security vulnerability in the smart contract, and the third being that anything BFL touches turns to shit.ISSUE ONE: According to the Coinopsy link above, among other interesting reasons, they proclaimed that: “Ammbr was founded in 2017 and is not trading on any exchanges. Was added to the dead coins list due to the fact they did not reach any exchanges after one year and they canceled the ICO.”SOURCE FOR 2017 ICO RELEASE: (https://ift.tt/2XkslnH TWO:THE SCAMMBR SMART CONTRACT BUG:(SOURCE: https://ift.tt/2SpFp7r this bug affected many ERC-20 contracts, on July 8th, 2018, “John Wick Security Lab revealed highly risky transactions in AMMBR(AMR) contract. It contains an integer overflow bug that could be made use of by hackers calling batchTransfer(), resulting in transferring out tokens without limits.”This can be seen in this tweet by SCAMMBR where they had to change the smart contract:https://twitter.com/ammbrplatform/status/1011124298868776960?lang=enWE'RE NOT DONE YET! SAVE THE BEST FOR LAST!After doing further research on the SCAMMBR website, because nothing BFL is involved with is ever like it seems, I found some suspect/fake/front companies and astroturfing.r/AMMBRPlatformBy all accounts, that sub is highly suspected of astroturfing by shills, employees and their families. Very few posts concern the actual project and the mods are mostly absent. All of the posts repeat the same lines or hashtags, but no comments. Mod u/Jory- doesn't post much in cryptocurrency subs, while u/AMMBRPlatform has never posted.https://ift.tt/2Xm5WpY WALLET IS THE BFL BITSAFE:This is one of my favorite finds as it didn't occur to me until after doing most of my research, but then it clicked suddenly that I knew the design.BITCOINTALK: https://bitcointalk.org/index.php?topic=4685822.msg%msg_id%SCAMMBRTECH posted on Bitcointalk on 7/16/18 regarding a new mobile wallet that has yet to come to market, the Blackbird Hardware Wallet. I had never heard of it and apparently, they wanted $299 for it from their shop. Which is...ridiculous. But let's compare the Blackbird Wallet to the BFL Bitsafe that was never released:PHOTO FROM BLACKBIRD WALLET WEBSITE:SOURCE: https://ift.tt/2Xz67yq OF BFL BITSAFE THAT WAS NEVER RELEASED FROM BFL WEBSITE:SOURCE: https://ift.tt/2Su7JWe there you have it folks. Fuck these guys. I spent way to much time on this shit.

Submitted February 27, 2019 at 12:16AM

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