Poor security configuration exposes MAGA cryptocoiners

[Tanuki]

https://www.theguardian.com/technology/2021/jul/22/magacoin-pro-trump-cryptocurrency-attracts-over-1000-people-to-sign-up

"More than 1,000 people have so far signed up to the pro-Trump cryptocurrency magacoin, including conservative media personalities and Republican figures, the Guardian can reveal.

The news comes after poor security configuration in a website associated with magacoin exposed the email addresses, passwords, cryptocurrency wallet addresses and IP addresses of users who have bought in to what its promoters describe as the “digital currency for the MAGA community”.

The data also reveals that the lion’s share of the cryptocurrency so far produced has been allocated to the self-described creator of magacoin, a pro-Trump consultant who owns an LLC associated with the cryptocurrency, and a Super Pac associated with the same consultant.

The information, provided to the Guardian by a self-described hacktivist, unveils the reality around the cryptocurrency whose creators say it is made “by America First Conservatives out of frustration with ‘Losing the Election’ and a desire to fight back by supporting MAGA candidates”.....(more)

[tanyev]

1. LOL. Exactly what I'd expect from "pro-Trump cryptocurrency magacoin".

[cos dem]

2. That is hilarious

Cryptography is notoriously hard to get right. And that's if you're smart!

[getagrip_already]

3. So the guy who started the exchange and is selling the cryptocurrency

Has kept millions and millions of coins for himself, and nobody has a problem with that? This isn't like stock in a company that at least has a paper valuation. It's currency.

Fools and their money.

[spanone]

4. I wouldn't touch this bullshit with someone else's money. Fraud right there in the name.

[lagomorph777]

5. Just another way for Reptilians to rip off Reptilians

[TheBlackAdder]

6. MAGA Developer: Let me build a site using plug-ins with known vulnerabilities. What could go wrong?

[lindysalsagal]

7. They obviously haven't watched "Startup" on Netflix....

https://www.imdb.com/title/tt5028002/