{"id":75749,"date":"2018-04-18T16:00:50","date_gmt":"2018-04-18T23:00:50","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=75749"},"modified":"2018-04-18T17:17:56","modified_gmt":"2018-04-19T00:17:56","slug":"cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/","title":{"rendered":"Cambridge Analytica Planned to Launch Own Cryptocurrency to Monetize Personal Data"},"content":{"rendered":"

Cambridge Analytica<\/a>, the controversial firm at the center of the Facebook data harvesting scandal, planned to launch its own cryptocurrency that would enable adopters to profit from selling their own personal data.<\/p>\n

\"Cambridge
Former Cambridge Analytica director Brittany Kaiser gave evidence in front of the UK parliament inquiry into her previous employer this week. Separately, she told the New York Times<\/em> that the company was involved in the promotion of Dragon Corp\u2019s ICO in Macau and that notorious Triad \u201cBroken Tooth\u201d Wan Kuok-koi was a major backer. (Image: Parliament UK)<\/figcaption><\/figure>\n

According to the The<\/em>\u00a0New York Times<\/em>, before it became the focus of the world\u2019s attention for all the wrong reasons, the company planned an ICO (a means of raising capital by selling a percentage of a new currency to early backers) for its currency that would create \u201ca new type of economy … where people can start to take ownership of their data and monetize it.\u201d<\/p>\n

Ironically, in January, Facebook banned all advertising related to cryptocurrencies and ICOs, stating it wanted people to \u201ccontinue to discover and learn about new products and services through Facebook ads without fear of scams or deception.\u201d<\/p>\n

Cambridge Analytica Links to Dragon Corp<\/strong><\/h2>\n

But the TNYT<\/em> claims Cambridge Analytica\u2019s interest in cryptocurrency also extended to promoting Dragon Coin<\/a>.<\/p>\n

\n

This was an initiative by Macau gaming company Dragon Corp to integrate digital currencies into the world\u2019s biggest gambling hub by offering investors the opportunity to own part of the Dragon Pearl floating casino, which is currently under construction. <\/span><\/strong><\/p>\n

It would also allow people to buy a stake in the Dragon Pearl\u2019s future junket operations and facilitate the movement of money for gamblers in and out of Macau, bypassing restrictions imposed by the Chinese government.<\/span><\/strong><\/p>\n<\/div>\n

But the project also appeared to be linked in some way to notorious 14K Triad boss \u201cBroken Tooth\u201d Wan Kuok-koi. In September 2017, Wan turned up to a ceremony celebrating the signing of a deal between Dragon Corp and its Thai based technology partner, where he was snapped by a photographer for the South China Morning Post<\/em>.<\/em><\/p>\n

\u201cBroken Tooth\u201d Listed as Dragon Coin Backer<\/strong><\/h2>\n

In a subsequent interview with Business Insider,<\/em> Dragon Corp CEO Chakrit Ahmad denied reports that Wan was financing the project. But Brittany Kaiser, a former Cambridge Analytica director, told TNYT<\/em> that documents sent in September to potential investors, including herself, listed Wan as a major sponsor of the ICO and even included his picture.<\/p>\n

Kaiser said Cambridge Analytica was employed by Dragon Corp to promote the ICO behind the scenes and to find potential investors. The UK-based company arranged for prospective investors to take all-expenses-paid trips to Dragon Coin events in Macau.<\/p>\n

Kaiser now regrets her time at Cambridge Analytica. This week she has been testifying in front of the UK parliament committee that is investigating the extent to which her former employers harvested data to influence voters in 2016\u2019s US elections and Brexit vote.<\/strong><\/p>\n

She told TNYT<\/em> she felt the company was subverting the core ideal of cryptocurrencies \u2013 openness, transparency and liberation from state-control \u2013 which was what initially attracted her to working with crypto-based projects.<\/p>\n

\u201cThe way that Cambridge Analytica was talking about [cryptocurrency], they were viewing it as a means of being able to basically inflict government control and private corporate control over individuals, which just takes the whole initial premise of this technology and turns it on its head in this very dystopian way,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cambridge Analytica, the controversial firm at the center of the Facebook data harvesting scandal, planned to launch its own cryptocurrency that would enable adopters to profit from selling their own personal data. According to the The\u00a0New York Times, before it became the focus of the world\u2019s attention for all the wrong reasons, the company planned […]<\/p>\n","protected":false},"author":36,"featured_media":75750,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,10],"tags":[],"acf":[],"yoast_head":"\nCambridge Analytica Planned to Launch Its Own Cryptocurrency<\/title>\n<meta name=\"description\" content=\"Cambridge Analytica, the UK firm at the forefront of the Facebook data-harvesting scandal, planned its own cryptocurrency ICO. The New York Times reports that one of its clients was Macau-based gaming company Dragon Corp, which appears to have links with Triad boss \u201cBroken Tooth\u201d Wan Kuok-koi.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cambridge Analytica Planned to Launch Its Own Cryptocurrency\" \/>\n<meta property=\"og:description\" content=\"Cambridge Analytica, the UK firm at the forefront of the Facebook data-harvesting scandal, planned its own cryptocurrency ICO. The New York Times reports that one of its clients was Macau-based gaming company Dragon Corp, which appears to have links with Triad boss \u201cBroken Tooth\u201d Wan Kuok-koi.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-18T23:00:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-04-19T00:17:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1347\" \/>\n\t<meta property=\"og:image:height\" content=\"1010\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/\",\"url\":\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/\",\"name\":\"Cambridge Analytica Planned to Launch Its Own Cryptocurrency\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg\",\"datePublished\":\"2018-04-18T23:00:50+00:00\",\"dateModified\":\"2018-04-19T00:17:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Cambridge Analytica, the UK firm at the forefront of the Facebook data-harvesting scandal, planned its own cryptocurrency ICO. The New York Times reports that one of its clients was Macau-based gaming company Dragon Corp, which appears to have links with Triad boss \u201cBroken Tooth\u201d Wan Kuok-koi.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg\",\"width\":1347,\"height\":1010,\"caption\":\"Former Cambridge Analytica director Brittany Kaiser gave evidence in front of the UK parliament inquiry into her former employer this week. Separately, she told the New York Times that the company was involved in the promotion of Dragon Corp\u2019s ICO in Macau and that notorious Triad \u201cBroken Tooth\u201d Wan Kuok-koi was a major investor. (Image: Parliament UK)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crime & Scandals\",\"item\":\"https:\/\/www.casino.org\/news\/scandals\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Cambridge Analytica Planned to Launch Own Cryptocurrency to Monetize Personal Data\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\",\"name\":\"Philip Conneller\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"caption\":\"Philip Conneller\"},\"description\":\"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/philip-conneller\",\"https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk\",\"https:\/\/x.com\/casinoorgphilc\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cambridge Analytica Planned to Launch Its Own Cryptocurrency","description":"Cambridge Analytica, the UK firm at the forefront of the Facebook data-harvesting scandal, planned its own cryptocurrency ICO. The New York Times reports that one of its clients was Macau-based gaming company Dragon Corp, which appears to have links with Triad boss \u201cBroken Tooth\u201d Wan Kuok-koi.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/","og_locale":"en_US","og_type":"article","og_title":"Cambridge Analytica Planned to Launch Its Own Cryptocurrency","og_description":"Cambridge Analytica, the UK firm at the forefront of the Facebook data-harvesting scandal, planned its own cryptocurrency ICO. The New York Times reports that one of its clients was Macau-based gaming company Dragon Corp, which appears to have links with Triad boss \u201cBroken Tooth\u201d Wan Kuok-koi.","og_url":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2018-04-18T23:00:50+00:00","article_modified_time":"2018-04-19T00:17:56+00:00","og_image":[{"width":1347,"height":1010,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg","type":"image\/jpeg"}],"author":"Philip Conneller","twitter_card":"summary_large_image","twitter_creator":"@casinoorgphilc","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Philip Conneller","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/","url":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/","name":"Cambridge Analytica Planned to Launch Its Own Cryptocurrency","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg","datePublished":"2018-04-18T23:00:50+00:00","dateModified":"2018-04-19T00:17:56+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b"},"description":"Cambridge Analytica, the UK firm at the forefront of the Facebook data-harvesting scandal, planned its own cryptocurrency ICO. The New York Times reports that one of its clients was Macau-based gaming company Dragon Corp, which appears to have links with Triad boss \u201cBroken Tooth\u201d Wan Kuok-koi.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/04\/brittany-kaiser.jpg","width":1347,"height":1010,"caption":"Former Cambridge Analytica director Brittany Kaiser gave evidence in front of the UK parliament inquiry into her former employer this week. Separately, she told the New York Times that the company was involved in the promotion of Dragon Corp\u2019s ICO in Macau and that notorious Triad \u201cBroken Tooth\u201d Wan Kuok-koi was a major investor. (Image: Parliament UK)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/cambridge-analytica-planned-to-launch-its-own-cryptocurrency-to-monetize-personal-data\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Crime & Scandals","item":"https:\/\/www.casino.org\/news\/scandals\/"},{"@type":"ListItem","position":3,"name":"Cambridge Analytica Planned to Launch Own Cryptocurrency to Monetize Personal Data"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b","name":"Philip Conneller","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","caption":"Philip Conneller"},"description":"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.","sameAs":["https:\/\/muckrack.com\/philip-conneller","https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk","https:\/\/x.com\/casinoorgphilc"],"url":"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/75749"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=75749"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/75749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/75750"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=75749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=75749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=75749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}