If you plug into the same computer, which is compromised, the malware could intercept the keyboard signals coming from the device and replace the transaction details shown to the user, while retaining the PIN.  Or is there a protection against that?

Hardware wallets are supposed to be most useful when one is traveling and must use a computer provided by the local shop, hotel, guide, cybercafe, etc..  In those scenarios, there is the possiility that the PC has malicious hardware as well as malicious software, that the devce will be stolen after the use, and that there are hidden cameras watching over the user's shoulder.   One should make sure that they are safe in that scenario.


I understand that it is a fixed PIN that must be entered in "non-hardened mode", or before starting the "hardened mode" procedure; correct?  In that case, if malware on the computer captures that PIN, and the device is stolen some time later, would that captured PIN enable the thief to use the device?

3 times is too few...
1. I forget that I changed the PIN, and I enter the old one.  Rejected.
2. I assume that I mis-typed the PIN, and I enter again the old one, carefully.  Rejected.
Now I have only one chance to remember that I changed the PIN and enter it correctly.  As time goes on, there may well be a half a dozen cases of erased wallets for every 1000 devices sold.

Nature invented death so that no one would have to remember certain things for eternity. 

I began looking at bitcoin last December; I had read mentions of GLBSE but somehow I was not aware that Josh was running it.  

Were the GLBSE customers/investors ever refunded, or made good in some other way?

Indeed, and thanks for posting them! But I found it quite funny that they were one whole item of the FTC Investigator's report. 

What next?

"Your honor, I direct your attention to annex T3, titled Table of Obscene Expletives, Insults, and Disparaging Epithets Used by the Defendants about Their Customers.  As can be seen on page 4 of that table, line 32, ..."

I sould have used a "", but the libel part is no joke...

Only a thoroughy shameless scammer would do that.  Why should one accuse AMT of doing it? That could be prosecuted as libel.

I don't think that it was "secret" really.  IIUC, Widmere is the place where the warehouse is located.

I stand corrected, thanks.  Is it true that those PDF files were leaked without authorization?

Nobody loves inflation, but few people regard it as a horrendous evil to be avoided at any cost.   Normal people do not expect that a hoard of cash will keep its value, much less grow more valuable, by itself, over time.  And, for the good of the economy, they shouldn't "invest" in cash or other "dead" assets: they should use their intelligence to choose productive enterprises, and invest in them.   

Cryptocurrencies were meant to be means of payment; their repurposing as long-term investment has always been criticized by economists.

The cellphone number may have been a slip, but the other two are usually entered in the public records, to identify the person, aren't they?

What do you mean? In a trial, the identities of all people involved are usually disclosed, unless there is a compelling reason to keep them sealed (e.g. when minors (but not miners!  ) are involved).  Or am I wrong?

Monero is Esperanto for "money".  It is designed by a company based in the Republic of Esperantonia. 

From the last sentence, it could be parameters of the electronics to be added to (or replaced on) the boards, such as clock rate, voltage, etc..   OR it could be how long to keep the boards for "testing".

Right. If the PC is compromised (which is the only justification to have a hardware wallet), the security of that thing is zero.  Expect sad histories soon...

Or maybe you have been reading too much fringe stuff...

The judicial system sucks, but, overall, it is still better than the alternatives.

I am still inspecting the image carefully, I am sure there is some evidence of photoshopping somewhere.

Which "that", the "ergo" or the "sacrilegious"?

The ATM was rendered from a 3D model with that lighting and alpha channel, then composited over the photo, and the shadow was photoshopped by hand.

The light that is supposed to cast the ATM shadow on the floor should also cast a fainter shadow of the glass railing on the floor at left, but there is none. 

Also the shadow of the ATM on the floor is too sharp. Compare with the shadow of the cheque on the ATM body (which should be sharper).

Also, the lighter area at the top of the glass railing, behind the ATM, is the reflection of a light wall located behind the camera.  But then there should be a reflection of the ATM as well, just to the left of the ATM.

There are other defects, but those should suffice...

Good eye!  Indeed, the shadow is wrong, there is no reflection on the floor, ...

Indeed, the dollars do not move to China either, they stay in Western banks.  But they become property of Chinese citizens.

Assuming Chinese citizens own the majority of the hashpower, bitcoin is just another export product that adds to China's export revenue.

The reverse was true in 2013, when Chinese citizens were buying bitcoins from outside China like crazy.  Presumably they had to change yuan into dollars (or yen, etc.) to do that.   Perhaps that surge in currency exchange was one of the motivations for the Chinese government's decree in Dec/2013.

(One of my theories for the MtGOX collapse is that "Markus" and "Willy" were buying coins from MtGOX clients with virtual dollars and selling them in China, counting on getting the money out of China eventually; but the plan was foiled by the December decrees (which led BTC-China and OKCoin to lose their bank accounts) and/or by the subsequent BTC price drop.)