Zynga, meet Vostu.
techcrunch.com1 pointsby Aetius-1 comments
The former chief executive of the YouSendIt,
a website where users can post files too large
to send over email, has admitted to launching an
online attack against the company he once ran.
According to FBI investigators, from about December 2008 to June 2009, Shaikh sent an ApacheBench program to YouSendIt's servers, which measured the number of requests per second the site was capable of handling. Sending the program multiple times in essence amounted to a distributed denial of service attack, or DDoS attack. "If I had $8 million worth of easily convertible currency, there is absolutely no way I would store it on a public
website like Mt Gox, no matter how secure I believed it was.
If I had to store that much there, even temporarily, I would use a password so long it would make War and Peace look like a Twitter message." When the business is scamming customers,
competition in a free market is not a pretty sight.
And no, I'm not aloof enough to believe we have a truly free market. But it's free enough to let thousands of Swoopo clones race bid prices to the bottom. Now it seems customers may even be winning more from the auction sites than the auction sites are taking in.