Porn cryptocurrency CEO disappears with investor’s money

Photo by BTC Keychain on Flickr

The CEO of Fantasy Market, a cryptocurrency made for pornsites, has disappeared with Investors money. 24,000 attempts to access pornography has been made from UK Parliament, and Twitter can be used to track rise of STIs.

Jonathan Lucas, creator of Cryptocurrency “Fantasy Market” has reportedly disappeared after failing to return investor’s money.

Lucas who made FMtokens for use on pornsites failed to return investor’s money after multiple requests. He originally aimed to raise $24million, however, reports in November showed he was only able to raise under $2million.

He boasted in September in online chats about raising $4.4 million. He’s mostly likely using an alias despite having commented online in November “I’m not in the business of scamming people, or again, I wouldn’t have used my real name for the project,”

Cryptocurrency is very popular currently for trading. The rise in Bitcoin value this year has sent a new wave of interest by investors. There are high risks, however, as they are still badly regulated and their value fluctate so unpredictably.

Jay Clayton, Chairman of Securities and Exchange Commission, has warned investors of jumping on the cryptocurrency fever due to their lack of regulation.

FMtoken stands as proof of how risky it can be. The site appears to be trying to contact investors, with a few having regained their intial investments.

One investor who has been repaid is still unhappy with the results.

I wrote threatening to file police and FBI reports. Within hours they refunded me ethereum with a dollar amount equal to what I had contributed in early September, but since the coin has more than tripled in value since then, they kept the rest of my contribution, essentially stealing quite a lot of money from me.”

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24,000 attempts to access pornography from UK Parliament

The Press Assosiation has obtained reports showing over 24,000 attempts to access pornographic websites from within the UK parliament this year.

In 2016 there were 113,208 attempts to access pornographic sites. Parliament spokes peson has claimed “the attempts were not deliberate”.

Viewing porn at work goes against most company’s policies and Philip Landau, employment lawyer at Landau Law Solicitors explains, “the viewing of pornographic material is usually listed as an example of internet abuse.”

Last year MP Damian Green resigned from Parliament after lying about having pornography on his computer. The UK parliament have taken a tougher stance against pornography recently having passed the new Digital Economy Act which will work as form of censorship against viewing porn in the UK.

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Twitter could be used to predict STI spikes in certain areas

Members of the at the University of California, including Sean Young, have been looking into a correlation between a rise in STIs in an area and the number of sex related tweets made in the same area.

By geolocating tweets, Young and his collegues were able to notice a general trend. If one area had a high number of tweets referring to sex and sexual acts, such as “suck”, there number of syphilys cases would rise in that area within the next year.

Monitoring tweets has been a method used by others to track and help disease control.

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Noteable in the news

Fidget spinners had a bizarre effect on PORN trends in 2017 according to new report

Porn sites report women watched more porn in 2017

No, autistic people are not sexless – our sex lives are as varied as anyone’s

 

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