Who created Bitconnect and in what year?
Satish Kumbhani in 2016.
What are the five declarations and principles mentioned?
Declaration of Legal Principles, Broadcasting Principles, Remote Sensing Principles, Nuclear Power Source Principles, and Benefits Declaration.
1/202
p.6
Cryptocurrency Scams

Who created Bitconnect and in what year?

Satish Kumbhani in 2016.

p.12
Legal Framework for Digital Crimes

What are the five declarations and principles mentioned?

Declaration of Legal Principles, Broadcasting Principles, Remote Sensing Principles, Nuclear Power Source Principles, and Benefits Declaration.

p.13
Legal Framework for Digital Crimes

What is the process of moving files to a special laptop for public access called?

Uploading files to the internet.

p.1
Fraud and Business Scams

What was the issue with Nikola's prototypes?

They had zero functionality.

p.16
Future Predictions and Technological Visions

What was the aim of the American National Exhibition during the Cold War?

To demonstrate the superiority of American capitalism and consumerism.

p.19
Historical Archaeological Discoveries

What did previous excavations in Barikot reveal?

Two other Buddhist sanctuaries, suggesting a 'street of temples.'

p.8
Cryptocurrency Scams

Why is locked liquidity important in cryptocurrency?

It prevents developers from taking assets and running away.

p.18
Historical Archaeological Discoveries

What features were included in the temple ruins discovered in Barikot?

A ceremonial platform, a stupa, a room for monks, and a public courtyard.

p.11
Legal Framework for Digital Crimes

What is the 1933 Rome Convention on Precautionary Arrest of Aircraft?

It addresses jurisdiction based on the aircraft's origin or the contracting state where the crime occurred.

p.18
Historical Archaeological Discoveries

What evidence supported the identification of Richard III's remains?

He had severe scoliosis, and the remains were found in the position he would have been buried.

p.16
Future Predictions and Technological Visions

What was the purpose of the Crystal Palace?

To showcase global industrial and technological advancements during the Industrial Revolution.

p.3
High-Profile Corporate Failures

What industry was Elizabeth facing pressure in?

A male-dominated industry.

p.12
Legal Framework for Digital Crimes

What is file sharing?

The practice of distributing or providing access to digital media, which may involve legal implications.

p.16
Cultural Heritage and Its Importance

What is the significance of marketing nostalgia in restaurants?

It raises questions about whether it honors or distorts people's memories.

p.20
Cultural Heritage and Its Importance

What can preserving archaeological sites exactly as found provide?

Valuable information that could be lost.

p.1
Fraud and Business Scams

What happened to the founder of Theranos?

The founder is in jail for fraud.

p.13
Legal Framework for Digital Crimes

What does jailbreaking a device allow users to do?

Remove restrictions imposed by the manufacturer or operator.

p.13
Legal Framework for Digital Crimes

What is the purpose of ad blocking software?

To block ads from appearing on websites.

p.13
Legal Framework for Digital Crimes

What is fansubbing?

The subtitling of foreign films, especially animated ones, by fans.

p.8
Cryptocurrency Scams

What is the Squid Token scam based on?

The Netflix show.

p.9
Cryptocurrency Scams

What notable example of a Ponzi scheme involved Blockchain Global?

Blockchain Global, set up by Sam Lee and Zijing Ryan Xu, went into administration in 2021 owing creditors $58 million.

p.17
Cultural Heritage and Its Importance

What are some accommodation options in Solvang?

Alisal Guest Ranch, The Landsby, Hotel Ynez.

p.7
Cryptocurrency Scams

What significant action did Binance take on November 9?

Binance walked away after digging deeper into their controversy.

p.3
High-Profile Corporate Failures

What type of vehicles does Nikola focus on?

Battery-electric vehicles, fuel-cell electric vehicles, and energy solutions.

p.11
Legal Framework for Digital Crimes

What does quasi-territorial jurisdiction cover?

National ships and aircraft and all persons and things on them.

p.16
Cultural Heritage and Its Importance

Name one airplane restaurant in Costa Rica.

El Avión, which is based on a Fairchild C-123 Provider.

p.18
Historical Archaeological Discoveries

Who was Richard III?

An English monarch who died in battle in 1485 during the War of the Roses.

p.12
Legal Framework for Digital Crimes

What is reverse engineering?

Dismantling an object to understand how it works or to duplicate it.

p.8
Cryptocurrency Scams

What distinguishes hard rug pulling from soft rug pulling?

Hard rug pulling involves hidden exploits indicating bad intent, while soft rug pulling is quick profit without clear criminality.

p.1
Fraud and Business Scams

What is fraud defined as?

Deceiving others with the intent of personal gain.

p.3
High-Profile Corporate Failures

When was Nikola founded?

In 2014 by Trevor Milton.

p.12
Legal Framework for Digital Crimes

Why are AI checkers considered unreliable for non-native speakers?

They may unfairly penalize non-native speakers due to biases in detecting AI-generated text.

p.18
Historical Archaeological Discoveries

Where were Richard III's remains discovered?

Beneath a car park in Leicester, England.

p.18
Historical Archaeological Discoveries

What year were Richard III's remains discovered?

2012.

p.11
Legal Framework for Digital Crimes

What was the Supreme Court case related to wire fraud in 1987 about?

A columnist misappropriated stock information by giving advance notice to friends at a brokerage firm.

p.5
High-Profile Corporate Failures

Why did Verdant Urgulu state they couldn't afford the ship?

Due to conflicts in the Middle East that prevented continuation.

p.19
Representation in Theatre and Casting Controversies

What is significant about the 2024 staging of 'Richard III'?

It features a female lead.

p.7
Cryptocurrency Scams

What happened to the assets in The Bahamas on November 10?

The Bahamas froze their assets.

p.13
Legal Framework for Digital Crimes

What does DeCSS software do?

Breaks the CSS copy protection system on DVD movies and decrypts the data.

p.18
Historical Archaeological Discoveries

Who is Philippa Langley?

The person who set out to discover Richard III’s body despite skepticism.

p.7
Cryptocurrency Scams

What legal action did the company file for after Bankman-Fried's resignation?

They filed for Chapter 11 bankruptcy.

p.19
Representation in Theatre and Casting Controversies

What is the casting controversy in theatre about?

Whether actors should share physical characteristics or experiences with the characters they portray.

p.11
Legal Framework for Digital Crimes

What does the 1963 Tokyo Convention address?

Hijacking or unlawful seizure of aircraft.

p.16
Cultural Heritage and Its Importance

What are some attractions to visit in Solvang?

Wine tasting, horse-drawn street car rides, and various museums.

p.6
Cryptocurrency Scams

What did the UK government notify Bitconnect about on November 17?

They received a notice to prove its legitimacy within 2 months.

p.12
Legal Framework for Digital Crimes

What concerns arise with the use of AI-generated text in academic settings?

The legality of using AI-generated text and potential biases against non-native speakers.

p.8
Cryptocurrency Scams

What happens in a pump and dump scheme?

Developers market a low price token, profit from it, then sell all, leaving it with no value.

p.11
Legal Framework for Digital Crimes

What statute was used in the case of misappropriated stock information for a $1.6 million profit?

The wire fraud statute.

p.8
Cryptocurrency Scams

What was the biggest hard pull theft amount and by which company?

$2 billion by the Turkish company Thodex.

p.16
Cultural Heritage and Its Importance

What type of restaurants evoke nostalgia for air travel?

Airplane restaurants.

p.18
Historical Archaeological Discoveries

What does the discovery of the temple in Gandhara indicate?

The region's long-standing religious importance.

p.3
High-Profile Corporate Failures

What triggered Nikola's downfall?

A bombshell report by Hindenburg Research.

p.17
Neo-Luddism

What are some reasons young people are rejecting technological dependence?

Concerns about social media, government control, and technologies like GMO and nuclear power.

p.9
Cryptocurrency Scams

What was the estimated profit made by FaZe clan members from the SaveTheChildren token scam?

$30,000.

p.7
Cryptocurrency Scams

What common factor contributed to the downfalls of the CEOs mentioned?

They either hyped themselves too much or had the intent to defraud people.

p.13
Legal Framework for Digital Crimes

What is youtube-dl?

A free and open-source download manager for video and audio from YouTube.

p.3
High-Profile Corporate Failures

What role did Trevor Milton's brother have in Nikola?

Director of Hydrogen Production/Infrastructure, despite only renovating houses in Hawaii.

p.20
Cultural Heritage and Its Importance

What catastrophic event led to the preservation of Pompeii?

The eruption of Mount Vesuvius in 79 A.D.

p.7
Cryptocurrency Scams

What is an 'exit scam'?

A scam where a fraudulent developer raises funds through an initial coin offering and then disappears with the money.

p.18
Historical Archaeological Discoveries

What is the Tomb of the Misplaced King?

A term referring to Richard III's long-lost burial site.

p.17
Cultural Heritage and Its Importance

What events are celebrated during Danish Days in Solvang?

Food, music, dancing, and Viking reenactments.

p.9
Cryptocurrency Scams

What warning did the Hungarian central bank issue regarding HyperTech Group?

They warned that it might be a pyramid scheme.

p.20
Cultural Heritage and Its Importance

Why is preserving archaeological sites important?

For historical and educational purposes.

p.8
Cryptocurrency Scams

What is a red flag regarding developers in cryptocurrency?

Unknown developers with no online credibility or track record.

p.19
Representation in Theatre and Casting Controversies

What is the Globe Theatre known for?

It is a realistic reconstruction of the original Elizabethan playhouse built in 1599.

p.4
Vaporware and Technology Promises

What was the concept behind QUIck BItes?

A short-form streaming platform for shows around 10 minutes long, aimed at mobile devices.

p.1
Vaporware and Technology Promises

What was the Apple W.A.L.T. supposed to be?

A portable communications device that doubled as a personal digital assistant.

p.3
Vaporware and Technology Promises

What was the claim made by Nikola in 2019 regarding the battery industry?

That it would change the battery industry forever, which was later revealed to be vaporware.

p.2
Vaporware and Technology Promises

Which popular vaporware products were mentioned?

3G, Bluetooth, Windows Vista, Mac OS X, Lockitron.

p.6
Cryptocurrency Scams

What was the primary function of Bitconnect Coin?

It allowed people to lend the value of Bitconnect Coin in return for interest payments.

p.19
Preservation of Archaeological Sites

How can natural disasters contribute to the preservation of archaeological sites?

They can rapidly bury and preserve sites.

p.3
High-Profile Corporate Failures

What was ironic about the name 'Hindenburg' in relation to Nikola?

Hindenburg was also the name of a German plane that failed due to too much hydrogen, leading to a fire.

p.20
Cultural Heritage and Its Importance

What types of structures have been preserved in Pompeii?

Public bathhouses, private homes, and other buildings.

p.6
Cryptocurrency Scams

What happened to Bitconnect on January 16, 2018?

The company closed down due to the cease and desist.

p.4
High-Profile Corporate Failures

What ship was planned for the 'Life at Sea Cruise' program?

The AIDaura ship, which was to be renovated and renamed MV LARA.

p.1
Fraud and Business Scams

What was the marketing pitch of Theranos?

A single drop of blood could test for a host of diseases, including lupus.

p.1
Fraud and Business Scams

What did Nikola promise with their electric vehicles?

Zero-emission trucks.

p.17
Cultural Heritage and Its Importance

What is Julefest?

A December event featuring candlelit tours and tree lighting.

p.5
High-Profile Corporate Failures

What did Kendra Holmes admit about the ship purchased by Celeystal Cruises?

She admitted that the ship couldn't go further even though she had already resigned.

p.1
Vaporware and Technology Promises

What is vaporware?

When companies announce technology or hardware but never release it or release it much later.

p.5
High-Profile Corporate Failures

What was the reason for canceling the ship's launch instead of giving false hope?

Their old ship, 'the Gemini,' caused a defamation lawsuit.

p.20
Cultural Heritage and Its Importance

What insights do the ruins of Ostia Antica offer?

Insights into ancient urban life.

p.14
Future Predictions and Technological Visions

What did 19th century French artists create to imagine the future?

Postcards predicting the world a century ahead.

p.8
Cryptocurrency Scams

Why is an audit from outsiders important in cryptocurrency?

Lack of verification from reputable companies may indicate an attempt to avoid detection.

p.2
High-Profile Corporate Failures

Who founded Theranos and when?

Elizabeth Holmes in 2003.

p.16
Cultural Heritage and Its Importance

What type of bakery is popular in Solvang?

Danish bakeries, such as Danish Mill Bakery and Olsen’s Danish Village Bakery.

p.10
Cryptocurrency Scams

What promise was made to investors regarding the subscript ion?

High daily returns, specifically a 0.5% better return.

p.10
Cryptocurrency Scams

Where did Lee relocate in 2021?

Dubai.

p.2
High-Profile Corporate Failures

What led to the downfall of Theranos in 2015?

Investigations by John Ioannidis, Eleftherios Diamandis, and journalist John Carreyrou.

p.10
Legal Framework for Digital Crimes

What does the Wire Fraud Statute refer to?

Fraud committed using telecommunications and information technology.

p.15
Future Predictions and Technological Visions

What technology does the Hyperloop utilize?

Pressurized tubes and magnetic levitation.

p.10
Cryptocurrency Scams

What did Ishan Wahi do in relation to insider trading?

He tipped his brother and friend about tokens that Coinbase would list.

p.9
Cryptocurrency Scams

What is a Ponzi scheme?

A scheme where developers pay investors with money from newer investors, without any actual product.

p.12
Legal Framework for Digital Crimes

What are some activities that may unknowingly break the law?

Backing up DVDs, phone repairs, reverse engineering, file sharing, jailbreaking, ad blocking, fansubbing, aftermarket ink cartridges, DeCSS, AACS, Hackintosh, and youtube-dl.

p.19
Historical Archaeological Discoveries

Since when have Italian archaeologists been excavating in the Swat Valley?

Since 1955.

p.18
Historical Archaeological Discoveries

What significant archaeological discovery was made in the Swat Valley of Pakistan?

Ruins of a 2,000-year-old Buddhist temple in Barikot.

p.20
Cultural Heritage and Its Importance

What are Preservation Challenges?

Difficulties encountered when preserving archaeological sites.

p.17
Neo-Luddism

What inspired the Neo-Luddism movement?

The original Luddite movement that rejected industrial machines.

p.8
Cryptocurrency Scams

What could a skyrocketing price with limited holders indicate?

It may signal a pump and dump scheme.

p.19
Representation in Theatre and Casting Controversies

What is the design feature of the Globe Theatre?

It is a 360° open-air auditorium with no roof over the central yard.

p.5
High-Profile Corporate Failures

Who founded Luckin Coffee?

Jenny Qian and Zhiya Charles Zhengyao Lu.

p.16
Cultural Heritage and Its Importance

Where is Solvang located?

In the heart of Santa Barbara wine country, including the Santa Ynez Valley.

p.20
Cultural Heritage and Its Importance

What features can be found in Ostia Antica?

Well-preserved ruins including a theater, baths, temples, and apartment buildings.

p.5
High-Profile Corporate Failures

What major claim did Muddy Waters Research make about Luckin Coffee?

They claimed Luckin had falsified their financial figures by 69% in the third quarter and 89% in the fourth quarter of 2019.

p.4
Vaporware and Technology Promises

What was a major competitor that affected QUIck BItes?

TikTok.

p.14
Future Predictions and Technological Visions

What is Doomerism?

A pessimistic view of the future.

p.2
High-Profile Corporate Failures

What actions did Elizabeth Holmes take to promote Theranos?

She exaggerated claims and forged signatures to appear endorsed by medical brands.

p.7
Cryptocurrency Scams

What does limiting sell orders mean in a crypto scam?

The developer codes the token so only they can sell it, waiting for retail investors to buy before they exit with worthless tokens.

p.6
Cryptocurrency Scams

What were the criminal charges pressed against Glenn Arcaro in September 2021?

Conspiracy to commit wire fraud and criminal forfeiture.

p.10
Cryptocurrency Scams

What was the amount involved in the Frosties NFT rug pull case?

$1.1 million.

p.15
Future Predictions and Technological Visions

What is the Metaverse?

A virtual world where users can interact with one another.

p.17
Representation in Theatre and Casting Controversies

What is the Solvang Festival Theater known for?

Live theatrical performances.

p.19
Historical Archaeological Discoveries

What artefacts were found by archaeologists in the Swat Valley?

Coins, jewellery, statues, seals, and pottery fragments.

p.12
Legal Framework for Digital Crimes

What is the potential consequence of using AI checkers on non-native speakers?

They may be accused of cheating or penalized unfairly.

p.9
Cryptocurrency Scams

What should investors check to avoid scams in cryptocurrency?

They should check for the white paper that shows all necessary information.

p.17
Neo-Luddism

What is the main characteristic of the Mennonites in Belize?

They are a conservative Christian group limiting their use of technology.

p.7
Cryptocurrency Scams

What major corporate change occurred on November 11 regarding Bankman-Fried?

Bankman-Fried stepped down as CEO, and a new CEO was appointed by the court.

p.13
Legal Framework for Digital Crimes

What is AACS used for?

Restricting access to and copying of post-DVD generation optical discs using cryptography.

p.17
Neo-Luddism

What is a black box phone?

A workaround used by the Amish to limit technology while still benefiting economically.

p.5
High-Profile Corporate Failures

How much did Luckin Coffee gain in their Series A funding?

US $200 million.

p.20
Cultural Heritage and Its Importance

What caused the decline of Ostia Antica?

Silting of the harbor and economic troubles.

p.7
Cryptocurrency Scams

What is a 'rug pull' in the context of cryptocurrency?

A scam where a team raises money by selling a token and then shuts down the program after receiving enough funds.

p.7
Cryptocurrency Scams

What does 'liquidity stealing' refer to?

When token creators withdraw all liquid assets of the token, rendering it worthless.

p.14
Future Predictions and Technological Visions

What does the author say about pessimism?

It blocks out amazing political and technological advancements.

p.15
Future Predictions and Technological Visions

What are flying cars compared to in terms of technology?

Drones and airplanes.

p.10
Cryptocurrency Scams

What insider trading case involved Nathanial Chastain?

He purchased NFTs before they were listed on the Open Sea homepage for profit.

p.15
Future Predictions and Technological Visions

What does the Boeing Future of Flight exhibit focus on?

The future of flight travel and hypersonic technology.

p.11
Legal Framework for Digital Crimes

What are the three types of state jurisdiction in international law?

Territorial jurisdiction, quasi-territorial jurisdiction, and personal jurisdiction.

p.13
Legal Framework for Digital Crimes

What are aftermarket ink cartridges?

Ink cartridges produced by a third party, not officially from the manufacturer.

p.2
Vaporware and Technology Promises

What was the purpose of the Silicon Film EFS?

To take digital pictures even in non-digital cameras, replacing 35 mm cartridge lenses.

p.1
Vaporware and Technology Promises

What was Ovation supposed to offer?

An integrated software package with word processing, spreadsheet, database management, and communication capabilities.

p.3
High-Profile Corporate Failures

What was misleading about Nikola's promotional video in 2018?

The prototype shown was not functional and was edited to appear as if it was on a straight road.

p.8
Cryptocurrency Scams

What should you be cautious of regarding high yields in new tokens?

If yields seem too good to be true, they likely indicate a rug pull or Ponzi scheme.

p.6
Cryptocurrency Scams

What role did Glenn Arcaro have in Bitconnect?

He served as Bitconnect's lead national promoter in the United States.

p.4
High-Profile Corporate Failures

What was the fate of QUIck BItes after its launch?

It reached No. 3 initially but shut down 6 months later due to poor performance.

p.11
Legal Framework for Digital Crimes

What incident in August 2019 raised questions about crime in outer space?

A NASA astronaut stole money from a bank account.

p.11
Legal Framework for Digital Crimes

What complicates jurisdiction in outer space crimes?

When the perpetrator and victim are of different nationalities.

p.11
Legal Framework for Digital Crimes

What are the five treaties governing space?

Outer Space Treaty, Rescue Agreement, Liability Convention, Registration Convention, and Moon Agreement.

p.5
High-Profile Corporate Failures

What legal action did Luckin Coffee take after their fraud scandal?

They filed for Chapter 15 bankruptcy.

p.4
High-Profile Corporate Failures

What issues did the 'Life at Sea Cruise' program face?

Repeated delays in departure and eventual cancellation, disappointing many passengers.

p.14
Future Predictions and Technological Visions

What visions of the future are mentioned as not yet realized?

Psychohistory, steampunk, cyberpunk, metaverse, rocket mail.

p.6
Cryptocurrency Scams

When was FTX founded and by whom?

In May 2019 by Sam Bankman-Fried and Gary Wang.

p.15
Future Predictions and Technological Visions

What is psychohistory in the context of Isaac Asimov's work?

A science that predicts the future of large groups using data.

p.9
Cryptocurrency Scams

What is the significance of FOMO in cryptocurrency investments?

Investors should avoid buying based on FOMO, especially if the hype comes from someone not usually interested in crypto.

p.1
Vaporware and Technology Promises

Who is credited with coining the term 'vaporware'?

A Microsoft engineer in 1982.

p.9
Cryptocurrency Scams

What happened to the HyperVerse scheme promoted by HyperTech Group?

It received consumer warnings from financial watchdogs in multiple countries.

p.2
Vaporware and Technology Promises

What did Infinium Labs claim about the Phantom in 2003?

That it would outperform competitors like Xbox, Sony PlayStation 2, and GameCube.

p.16
Cultural Heritage and Its Importance

What unique feature does Runway 1 in Haryana, India have?

It is based on an Airbus A320 and even has boarding passes.

p.20
Cultural Heritage and Its Importance

What role did Ostia Antica play during the Roman Republic and Empire?

It was a crucial grain supply hub for Rome.

p.17
Neo-Luddism

What does the Amish community's approach to technology represent?

Constructing an 'ideological space' to balance technology use and traditional values.

p.19
Preservation of Archaeological Sites

What factors can help preserve archaeological sites?

Natural conditions like arid climates, human-made structures, and burial in anaerobic conditions.

p.4
High-Profile Corporate Failures

What were some strategies attempted to save QUIck BItes?

Releasing ad-free content, allowing screenshots, and making it available on various platforms.

p.14
Future Predictions and Technological Visions

What are some accurate predictions made in the postcards?

Robots, farming machines, robot vacuums, motorhomes, and video calls.

p.2
High-Profile Corporate Failures

What claims did Theranos make about their technology?

That it could require less blood and provide more rapid and accurate results.

p.20
Cultural Heritage and Its Importance

What does Pompeii symbolize today?

Human resilience and the raw power of nature.

p.6
Cryptocurrency Scams

What legal action was taken against Bitconnect on January 31, 2018?

A restraining order was issued to freeze assets and reveal financial data.

p.15
Future Predictions and Technological Visions

What innovations does the Museum of the Future in Dubai showcase?

Space travel, climate change solutions, and bioengineering.

p.5
High-Profile Corporate Failures

What was the planned launch date for the new ship?

December 1.

p.2
Vaporware and Technology Promises

What was the Palm Foleo designed to do?

Synchronize with a smartphone for working on documents and emails.

p.1
Legal Framework for Digital Crimes

What is a potential consequence of committing fraud?

You could go to jail for a maximum of 10 years.

p.9
Cryptocurrency Scams

What is the legal status of Ponzi schemes in cryptocurrency compared to stocks?

Ponzi schemes are not illegal in cryptocurrency but are illegal in stocks.

p.17
Neo-Luddism

What is the 'Log Off' movement?

A movement for teens to discuss the negative impacts of phones.

p.2
High-Profile Corporate Failures

What was the peak valuation of Theranos?

$10 billion in 2013 and 2014.

p.4
High-Profile Corporate Failures

What was the reason given by Jeffery and Whittman for the app's failure?

They didn't see the company gaining value and cited bad timing due to COVID.

p.14
Future Predictions and Technological Visions

What does the article suggest we need to be more of regarding the future?

Hopeful.

p.20
Cultural Heritage and Its Importance

What unique outcome occurred in Herculaneum due to the eruption?

Carbonization of organic materials due to high temperatures.

p.10
Legal Framework for Digital Crimes

What is the maximum imprisonment under the Wire Fraud Statute?

Not more than 20 years.

p.15
Future Predictions and Technological Visions

What halted the development of supersonic transport?

A crash that occurred.

p.15
Future Predictions and Technological Visions

What technology is central to the steampunk genre?

Steam power.

p.9
Cryptocurrency Scams

What action did California's Commissioner of Financial Protection take against We Are All Satoshi?

They issued a desist and refrain order, accusing it of being a Ponzi scheme.

p.11
Legal Framework for Digital Crimes

How is piracy defined in international law?

Illegal acts against another ship or persons on the ship, excluding political motives and acts confined within a ship or aircraft.

p.13
Legal Framework for Digital Crimes

What is a Hackintosh?

A home-built version of an Apple Macintosh running on non-Apple hardware.

p.7
Cryptocurrency Scams

What are some types of scams facilitated by cryptocurrencies?

Rug pulls, pump and dumps, and Ponzi schemes.

p.6
Cryptocurrency Scams

What action did the Texas State Securities Board take against Bitconnect on January 3, 2018?

They filed a cease and desist, claiming it was a Ponzi scheme.

p.6
Cryptocurrency Scams

Why was Bitconnect considered a Ponzi scheme?

Due to its multilevel marketing structure and impossibly high payouts.

p.14
Future Predictions and Technological Visions

What are some inaccurate predictions from the postcards?

Winged devices for firefighters, underwater robots, and instant egg to chick.

p.6
Cryptocurrency Scams

How much did the SEC allege Bitconnect defrauded U.S. investors?

$2.4 billion.

p.10
Cryptocurrency Scams

What are 'rug pull' cases in the context of NFTs?

Fraudulent schemes where creators disappear after collecting funds, leaving investors with nothing.

p.6
Cryptocurrency Scams

What did FTX announce on November 7, 2022?

They announced a liquidity crisis and sought help from venture capitalists and Binance.

p.4
Vaporware and Technology Promises

Which major companies invested in QUIck BItes?

Walt Disney, Warner Bros, Sony, and 21st Century.

p.14
Future Predictions and Technological Visions

Who inspired the French artists in their future predictions?

Jules Verne, a popular sci-fi writer.

p.3
High-Profile Corporate Failures

What was the background of the president of the battery company Nikola partnered with?

He was in trouble for fooling NASA and misusing his expense account.

p.14
Future Predictions and Technological Visions

What was the purpose of the postcards created by Jean-Marc Côté and other artists?

To depict how France would look in a millennium for toy or cigarette companies.

p.5
High-Profile Corporate Failures

What was the outcome of the investigation into Luckin Coffee's financial practices?

It was found that Jian Lu had fabricated the figures, leading to a police investigation.

p.5
High-Profile Corporate Failures

What did Luckin Coffee admit to in April regarding their sales?

They admitted to inflating their sales by $300 million.

p.4
Vaporware and Technology Promises

What was the 'Life at Sea Cruise' program?

A program by Miray Cruise allowing people to live on a boat for 3 years starting from Istanbul.

p.10
Cryptocurrency Scams

How much did some investors claim to have lost in the Hyper schemes?

More than $100,000.

p.6
Cryptocurrency Scams

What significant event occurred for FTX on November 2, 2022?

CoinDesk reported a balance sheet calling out FTX’s sister company, Alameda Research.

p.15
Future Predictions and Technological Visions

What does Tomorrowland focus on?

The future with rockets and robots.

p.19
Preservation of Archaeological Sites

What role do human efforts play in the preservation of archaeological sites?

They include measures like limiting access, stabilizing structures, and controlling environmental conditions.

p.3
High-Profile Corporate Failures

Who founded Quibi and when?

Jeffrey Katzenberg in 2018.

p.5
High-Profile Corporate Failures

Who is the current CEO of Luckin Coffee as of their comeback in March 2022?

Jinyi Guo.

p.20
Cultural Heritage and Its Importance

What happened to Herculaneum during the eruption of Mount Vesuvius?

It was destroyed along with neighboring towns.

p.6
Cryptocurrency Scams

What was the outcome of the San Diego court ruling on January 12, 2023?

Arcaro was ordered to pay $17 million to distribute to approximately 800 victims.

p.15
Future Predictions and Technological Visions

What genre depicts a future filled with digital markets and hacking?

Cyberpunk.

p.10
Cryptocurrency Scams

What has Lee blamed for the inability to withdraw funds?

A 'corporate' team.

p.2
High-Profile Corporate Failures

What were the consequences for Elizabeth Holmes in 2022?

She was found guilty of 4 out of 11 charges of fraud and sentenced to 11 years in jail.

p.15
Future Predictions and Technological Visions

What is a major concern regarding nuclear propulsion?

It is dangerous despite being a clean energy source.

p.15
Future Predictions and Technological Visions

What vision did the World of Tomorrow exhibit at the New York World Fair present?

Widespread use of plastics, video phones, and automatic highways.

p.10
Legal Framework for Digital Crimes

What significant change occurred in the Wire Fraud Statute in relation to disasters?

Increased penalties if violations occur in connection with a presidentially declared major disaster.

p.6
Cryptocurrency Scams

What happened on November 6, 2022, that affected FTX?

Binance sold all FTT coins, leading to customer withdrawals.

p.15
Future Predictions and Technological Visions

What techniques does Farming for the Future explore?

Vertical farming techniques and robots for crop management.

Study Smarter, Not Harder
Study Smarter, Not Harder