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 Ghoseiri
Nasser 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:
SCAMMBR CONNECTION: Senior IT Consultant
https://www.linkedin.com/in/nasser-ghoseiri-940419a/
2.) FORMER BFL VP of Marketing: Jeff Ownby
Jeff 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://www.coindesk.com/buterfly-labs-accused-buying-blog-hide-negative-search-results
SCAMMBR CONNECTION: VP of Marketing
https://www.linkedin.com/in/jeffownby/
https://www.crunchbase.com/organization/ammbrtech#section-board-members-and-advisors
3.) FORMER BFL Marketing Manager: Jurie Pieterse
Jurie 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://coinclaim.io/team
BFL CONNECTION:
https://bitcointalk.org/index.php?topic=150803.7895
(ALSO NAMED IN COURT DOCUMENTS FROM FTC CASE TRANSCRIPTS)
SCAMMBR CONNECTION: Chief Marketing Officer
https://www.linkedin.com/in/juriepieterse/
4.) FORMER BFL PRODUCT DESIGN CONSULTANT: Jason Aspinall
Jason 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://s3.amazonaws.com/s3.documentcloud.org/documents/1306470/gov-uscourts-mowd-117531-42-7.txt
SCAMMBR CONNECTION: Electro-Mechanical Design & Testing Engineer
https://www.linkedin.com/in/chilled/
5.) FORMER BFL PCB DESIGNER/MANUFACTURER: Ankur Patel
BFL 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:
http://www.ftclaw.com/wp-content/uploads/2014/09/FTCButterflyDissolveTRO.pdf
SCAMMBR CONNECTION: Head of PROCUREMENT
https://www.linkedin.com/in/ankur-patel-21552921/
Guess 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?
NOTABLE 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://www.linkedin.com/in/josh-zerlan-a4140478/
2.) 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://tokenmarket.net/blockchain/blockchain/assets/ammbr/)
(SOURCE: https://www.coinopsy.com/dead-coins/ammbr/)
However 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://tokenmarket.net/blockchain/blockchain/assets/ammbr/)
ISSUE TWO:THE SCAMMBR SMART CONTRACT BUG:
(SOURCE: https://medium.com/coinmonks/an-inspection-on-ammbr-amr-bug-a53b4050d52)
While 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=en
WE'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.
By 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.
BLACKBIRD 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://blackbirdwallet.io/
PHOTO OF BFL BITSAFE THAT WAS NEVER RELEASED FROM BFL WEBSITE:
SOURCE: https://web.archive.org/web/20160405172202/http://www.butterflylabs.com/bitcoin-hardware-wallet/
So there you have it folks. Fuck these guys. I spent way to much time on this shit.
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