Re:We will not pursue the potential acquisition of FTX
by vba616 on Wednesday November 09, 2022 @07:22PM
(#33540340)
https://en.wikipedia.org/wiki/Flooz.com
"In 2001, Flooz.com was notified by the Federal Bureau of Investigation that a Russian-Filipino organized crime syndicate used $300,000 worth of Flooz and stolen credit card numbers as part of a money-laundering scheme, in which stolen credit cards were used to purchase currency and then redeemed.[2][3] Levitan has stated that fraudulent purchases accounted for 19% of consumer credit card transactions by mid-2001."
https://www.villagevoice.com/1999/11/30/e-toy-story/