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Bitcoin - Pirate at Forty
Pirate at fortyi promised huge returns on people's investments. He collected as much as half a million bit coin, worth like all the money in the world now. The third largest exchange for bit coin existed for months before it was revealed that they had kept the sites whole wallet file on an amazon web services oud file which did not have a back up and was set to ephemeral. Bitto mat collapsed in two thousand 12 without any data base back ups. All its remaining funds disappeared after a series of hacks due to the fact that the admans used the same password for bit koinica that they had used for mount gox which had been hacked months earlier