Alitin Mint Adam Smith Coins compromised! - page 4.

bitenvy

sr. member

Activity: 296

Merit: 250

Quote from: Zepher on March 05, 2017, 06:54:19 PM

Quote from: bitenvy on March 05, 2017, 06:49:17 PM

Zepher,

Some of those addresses are NOT the coin addresses but where the coins were sent by the thief. My second 16 list above are the coin addresses.

https://blockchain.info/tx/4c98843cce3e00dd561f36406fe20afed37d7d2ff33f08e52f4cc716ecdd8e24

With advanced view on, you will find that each address is 2 BTC less the tx fee at the time. Seems correct to me.

If you click on (for example) the first address: https://blockchain.info/address/1CgoMZvfdxwqb2Wexhsubvb7GfpsUrcd9x
You go back one more level and you will see what I'm talking about. The original funding transaction is sent to: https://blockchain.info/address/1Emq52ZTBWC4Qh24FP5TMSThnAu6kGdmy
This is the address of the coin, funded in 2014, not 1CgoMz which was sent on 2/26/17 by the thief.

msin

legendary

Activity: 1470

Merit: 1004

It would appear to me that this was done with a specific batch, if he/she had the private keys for all of the Adam coins, why not just empty them all at once. Especially since it went virtually unnoticed for over a week.

Zepher

copper member

Activity: 686

Merit: 603

Electricity is really just organized lightning

Quote from: bitenvy on March 05, 2017, 06:49:17 PM

Zepher,

Some of those addresses are NOT the coin addresses but where the coins were sent by the thief. My second 16 list above are the coin addresses.

https://blockchain.info/tx/4c98843cce3e00dd561f36406fe20afed37d7d2ff33f08e52f4cc716ecdd8e24

With advanced view on, you will find that each address is 2 BTC less the tx fee at the time. Seems correct to me.

Edit: Okay, have seen your list. We'll use yours, you keep it updated for us please

bitenvy

sr. member

Activity: 296

Merit: 250

Zepher,

Some of those addresses are NOT the coin addresses but where the coins were sent by the thief. My second 16 list above are the coin addresses.

Rmcdermott927

legendary

Activity: 2254

Merit: 1140

This, and other legal reasons are ultimately the reason why I decided to make my bars unfunded. This is sad to see and it's not the first time something like this has happened.

Zepher

copper member

Activity: 686

Merit: 603

Electricity is really just organized lightning

Quote from: cryptodechange on March 05, 2017, 06:07:59 PM

Quote from: Zepher on March 05, 2017, 05:31:34 PM

Quote from: monkeynuts on March 05, 2017, 05:27:51 PM

What specific lapse caused these coins to be vulnerable. Do the rest of the coins, not yet raided, have risk from the same issue

It would appear so right now.

Cryptodechange has said 2 coins he personally funded and sold have been raided.

Would you mind posting those addresses please, Cryptodechange?

Thanks

182oEvBzKwXrKsi6AtYPad6sEM6sYuScPT
1AwNFaz38irKbpzy7inkCYHJXv9QvDcuym

Thank you very much. The 182 address was redeemed today, and is a legit redemption - as it was a coin that I sold to someone, which I purchased from you.

Here is another 16 17 coins that have been raided: https://blockchain.info/tx/4c98843cce3e00dd561f36406fe20afed37d7d2ff33f08e52f4cc716ecdd8e24

Addresses:

1CgoMZvfdxwqb2Wexhsubvb7GfpsUrcd9x
13ked8fohzLmvVtr9hfDfPsxSqykwsMnQu
14s7vGCgSiReHRtbRBVTimKzJfCEaCM18f
1EF4W4UU9JVM6RZXGVwSH1oUvghB15A6Yx
12tFDAccT7JKM8EcAF8HXNMFqUehS6QvVB
18qWMykgMLkm7Cg2zYHUXxFyG5bXJqLXCY
1DAxuiMnMQ7CW5XDqAzudPNjodVVRWWgkW
1PhtpseNdkxJ8TrS7NPGRWZac1K1s5LwED
1Q2jnP8uP9XQNtSkL76K2qaefhw7bxST5Z
16RMD4Zsr5ynPsG1sSqDqdYH6ozHS1fUD1
1FDVYFRnjcVaLrgJotzSme6hhEEd55JQCg
1Mvya8SkJa2KE94zVCdcF1Zr6Lxn9NHDJp
1DRDRjBL4EAjqh49ZgtXqBZTn9Vf3SZiBV
17HeJR5a5VMTXBHidb3ysKYRKSquYZz2Hu
1AqQerqsTqFtoGPQtDJ9SnxUETjV2gNqoV
1FqTs3t2ix9usTbWai1m7c8BErmWBCxvXa
1AwNFaz38irKbpzy7inkCYHJXv9QvDcuym

That brings the current total to 34 35 coins.

cryptodechange

member

Activity: 78

Merit: 12

Quote from: Zepher on March 05, 2017, 05:31:34 PM

Quote from: monkeynuts on March 05, 2017, 05:27:51 PM

What specific lapse caused these coins to be vulnerable. Do the rest of the coins, not yet raided, have risk from the same issue

It would appear so right now.

Cryptodechange has said 2 coins he personally funded and sold have been raided.

Would you mind posting those addresses please, Cryptodechange?

Thanks

182oEvBzKwXrKsi6AtYPad6sEM6sYuScPT
1AwNFaz38irKbpzy7inkCYHJXv9QvDcuym

Gatorelf

sr. member

Activity: 845

Merit: 267

Quote from: bitenvy on March 05, 2017, 05:08:00 PM

I spoke with JR and this is all news to him after I emailed him. He has personally guaranteed me the funds on the coins will be refunded to me and wants to make things right. They are investigating how this happened. JR said Richard will be posting shortly in this thread. I truly believe they did not purposely scam me or others, but someone somehow got a hold of a handful of private keys from at least a small grouping of coins (18?). I suggest we give them some time to investigate this since I just found out about it and notified them a few hours ago. I believe they will make things right.

well thats good then, I think eventually the manufactures of loaded coins will implement a higher slandered of Quality Control (QA/QC) with regard to private key and a guarantee from BTC theft such as Cionbase has now with Loyd's of London

bitenvy

sr. member

Activity: 296

Merit: 250

Quote from: wheelz1200 on March 05, 2017, 05:37:58 PM

Uhg. Hate to see where all of this is going but my guess is not going to be good. So it was just a batch of the 18 coins and not the entire lot?

wheelz1200

legendary

Activity: 3780

Merit: 1418

Uhg. Hate to see where all of this is going but my guess is not going to be good. So it was just a batch of the 18 coins and not the entire lot?

AT101ET

legendary

Activity: 3206

Merit: 1348

This is sad to see. It puts all coin makers in a bad light and increases skepticism about physical coins.
I don't want to make any accusations. Its possible that Alitin actually kept a record of the keys and have now swiped the coins. However, it's also just as plausible to say that they didn't follow the correct protocol when assembling the coins and as a result the keys weren't erased from any devices which have since been compromised. Either way, a lot of questions will need answering.
Sorry for all those who lost their funds. I really took a liking to these coins. Shame to see another coin maker go down like this.

Zepher

copper member

Activity: 686

Merit: 603

Electricity is really just organized lightning

Quote from: monkeynuts on March 05, 2017, 05:27:51 PM

What specific lapse caused these coins to be vulnerable. Do the rest of the coins, not yet raided, have risk from the same issue

It would appear so right now.

Cryptodechange has said 2 coins he personally funded and sold have been raided.

Would you mind posting those addresses please, Cryptodechange?

Thanks

monkeynuts

legendary

Activity: 1252

Merit: 1259

MONKEYNUTS

Makers need to state the scope of this. How many have been affected.

While I agree that the internal investigation is their issue, and that a refund of lost funds is appropriate, that only addresses the issue for those coins so far raided, and not for the rest of the coins

What specific lapse caused these coins to be vulnerable. Do the rest of the coins, not yet raided, have risk from the same issue

Zepher

copper member

Activity: 686

Merit: 603

Electricity is really just organized lightning

Quote from: cryptodechange on March 05, 2017, 05:03:03 PM

I can confirm that at least 2 of the coins I sold and loaded myself were redeemed within the past week.

Oh fuck. This is not good, as I bought 2 of these coins at different times, 1 was purchased through you. I sold one to another forum member, who has broken the slab upon hearing this news as it was still loaded. It would appear that mine has been raided. I don't hold the coin in my possession - it is kept with my mom. She sent me a (shitty) picture of the COA and I used that for the address, and it shows it as raided.

I will provide the address tomorrow once I can confirm this (it is late, she is an old woman, and I don't want to pester her).

msin

legendary

Activity: 1470

Merit: 1004

Quote from: bitenvy on March 05, 2017, 05:08:00 PM

I spoke with JR and this is all news to him after I emailed him. He has personally guaranteed me the funds on the coins will be refunded to me and wants to make things right. They are investigating how this happened. JR said Richard will be posting shortly in this thread. I truly believe they did not purposely scam me or others, but someone somehow got a hold of a handful of private keys from at least a small grouping of coins (18?). I suggest we give them some time to investigate this since I just found out about it and notified them a few hours ago. I believe they will make things right.

Thank you for the update. I suggest they refund us immediately. Personally I could care less about an internal investigation, that's their problem and more time doesn't put the BTC back on our coins.

bitenvy

sr. member

Activity: 296

Merit: 250

I spoke with JR and this is all news to him after I emailed him. He has personally guaranteed me the funds on the coins will be refunded to me and wants to make things right. They are investigating how this happened. JR said Richard will be posting shortly in this thread. I truly believe they did not purposely scam me or others, but someone somehow got a hold of a handful of private keys from at least a small grouping of coins (18?). I suggest we give them some time to investigate this since I just found out about it and notified them a few hours ago. I believe they will make things right.

buckrogers

legendary

Activity: 2746

Merit: 1181

This is just sad...how many makers wil be left trustworthy?

greed.

cryptodechange

member

Activity: 78

Merit: 12

I can confirm that at least 2 of the coins I sold and loaded myself were redeemed within the past week.

msin

legendary

Activity: 1470

Merit: 1004

Keep us updated. I've also shared my # with him as he responded via email. He stated that he will "personally guarantee" the value of the coins. I've requested face value refund.

bitenvy

sr. member

Activity: 296

Merit: 250

JR Forsyth wants to discuss over phone. I will be talking to him soon. I have also mentioned this thread to him as well.

I have made a scam accusation here: https://bitcointalksearch.org/topic/alitin-mint-adam-smith-2btc-coins-compromised-1814916

Topic: Alitin Mint Adam Smith Coins compromised! - page 4. (Read 4323 times)