Cambridge Analytica Planned a Cryptocurrency ICO

[rgMekanic]

The New York Times is reporting that the now infamous Cambridge Analytica was quietly planning to offer its own virtual currency in an initial coin offering. The New York Times obtained documents and emails that show Cambridge Analytica was also promoting another cryptocurrency behind the scenes, the Dragon Coin, associated with a famous gangster in Macau who goes by Broken Tooth.

If ICOs weren't shady enough before this, and If Cambridge Analytica wasn't slimy enough before this, I think the quote below adds an extra layer.

Cambridge Analytica’s own digital token was supposed to help people store and sell their online personal data, Brittany Kaiser, a former employee of the voter-profiling firm, said in an interview. The goal was to protect that data from more or less what the company did when it obtained the personal information of up to 87 million Facebook users.

“Who knows more about the usage of personal data than Cambridge Analytica?” Ms. Kaiser said. “So why not build a platform that reconstructs the way that works?”

 

[thecold]

This whole thing is creepy. It's expected but that doesn't change the creepy factor.

 

[Lakados]

And they had enough data to make sure they were targeting the people who would buy into it with paid for positive articles about it.

 

[Poseur]

Did we run out of crazy assassins in this country? Is everyone taking their meds now? This sucks.

 

[TAP]

I guess setting up candidates with prostitutes wasn't paying the bills fast enough for them.

 

[katanaD]

what we really need is a facebook coin, which you earn by farming in farmville or something

 

[Kdawg]

this crypto ico shit is getting out of hand.

you thought cryptocoins were supposed to be easy to use, and then you have two dozen coins you need to keep track of.

not as convenient as USD or credit cards.