Zhou Tong
His name is the origin of the cryptocurrency community slang “Zhou Tonged”:
Bitcoin Slang, Your positions are automatically liquidated due to insufficient trading balance after a margin call. This occurs when trading using “leverage buying” at high levels 5:1 or 10:1. The large swings in the Bitcoin exchange rates can force automated margin selling, when the Broker sells out the customer without notice. I Just Got “ZHOU TONGED”!…. lost it all on a margin call.
Zhou Tong presided over the Bitcoinica debacle and is a suspected scammer/thief. I’ll be including a lot more about him when I do the research on the Bitcoinica collapse/theft.
Links
- @zhoutong on Twitter
- zhoutong’s posts on BitcoinTalk
- Zhou Tonged on Urban Dictionary
- ZhouTonged on Youtube - Zhou Tonged’s Videos - parody songs about Bitcoin events, not by Zhou Tong but referencing his name
- 13-May-2012 BitcoinTalk - I’m leaving Bitcoin by Zhou Tong
- 30-May-2012 BitcoinMagazine - 10 Questions with Zhou Tong by coinabul
- 28-Feb-2015 /r/bitcoin - PSA: Zhou Tong created CoinJar, the service behind the Bitcoin Debit card in Austrailia on the front page of /r/Bitcoin. He is the creator of Bitcoinica and a suspected thief.
- 09-Sep-2015 /r/bitcoin - looks like the stolen Bitcoinica funds returned by Zhou Tong were being used by him as his personal Bitcoin prior to the return… with a payment to Theymos
- 10-Sep-2015 CryptoCoinsNews.com - Does Bitcoinica Founder Zhou Tong Have Some Explaining To Do? by John Weru Maina
- 09-Nov-2015 CryptoCoinsNews.com - Suspected Scammer Zhou Tong is CoinJar Co-Founder by P. H. Madore
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