Topic: BIPS Wallet security breach - page 5. (Read 11520 times)

  hard to do.  but here goes


NOV 7   this id is the deposit

https://blockchain.info/tx/6991b1997f7175e56f3aa242dd2553d2b56936a204c25fb2800ab6718c806a17


https://blockchain.info/address/1PnhVVr2LgPNkbK3vnFepFzVk84mHSNpt9    this appears to be your   2.966xxx


next move is here


https://blockchain.info/tx/98a83e636a86e375abbfb9eddb42bcd2100bc8cced5b4e41d8cc5b0bbc54d89c

and the money sits in this address

https://blockchain.info/address/1MTzsVSe5D2FDDeM9UjqkpKuJTdu5Snegb   notice the .01 fee removed.


that wallet is like a tellers drawer in the bank.  next up this move

https://blockchain.info/tx/87615f9363a17cdfd214b79a03510fab0cbc52f49d7180452402fa37af2b65f6

most money  is here   https://blockchain.info/address/1ANuFn4qjzh1uxVJoRiRGosCyHEueEwnxr   this got a little money most likely a fee.


https://blockchain.info/address/1NGS8XBNpKQV7sCfQo1Fifg1WBicAxdkrV


most money is still here  https://blockchain.info/address/1ANuFn4qjzh1uxVJoRiRGosCyHEueEwnxr   2.8… btc

next move is this




https://blockchain.info/tx/92c24d58ad65548ba57d9d5ea6dfcf79ee892cd9e5882c013d49960060249f91   this is a merge of the 2.8 plus other to here

https://blockchain.info/address/1CuLB5gVR1uS2C3KTNLBiRMrqiizyycF9q

https://blockchain.info/address/1AEXdHBmtcFSG5Qb7Vb6fgG1vpm2JFhjZU   at this point it has been co-mingled   in and out of multiple wallets. 

  you could argue   that there is a trail and that 2.8 of the coin is yours but  we are only up to NOV 9th.

 think that the coins may have  entered a bankers cash drawer.  you really lost the chance to trace them in most cases. 

I was very surprised there wasn't more posts about this when I created this thread.

I withdrew 3.82761346 BTC from MTGOX to BIPS address 1PrCvhnTVqc6C9VcsWibPYTeQHyLrFJGEb on November 6th.

Then Spent .861 BTC sending it to 1CK8gvdupixuWWsPxo2dZLtXqZkVaYkhwA on the same day it was deposited.

My balance when BIPS went down should have been 2.96661346 (might have included the .001 fee)

https://blockchain.info/address/1PrCvhnTVqc6C9VcsWibPYTeQHyLrFJGEb?sort=1

Can you give me a crash course in understanding tracing the transactions?

Its a good point.

If you follow the some of the deposits to BIPS on the blockchain, the balance form the wallets are moved to secondary addresses owned by BIPS, together with other deposits, and then moved again and again.

We have heard that some coins are recovered. How are you going to decide who lost coins and who still got a balance?

Seems like with increased BTC value this will keep happening more and more often.

The timing of this is scary, because this nearly caught me as well.

A week  prior a coworker and I were having a conversation and started talking about web-wallets. After reading up online I came to the conclusion I wanted nothing to do with BIPS and scooted my measly 0.03BTC or so away from them. A week later and this happens.

I initially chose BIPS because it was recommended on the "choose your wallet" page and the site seemed reasonable well put together. I feel like it doesn't deserve a spot there anymore..

Dave . Be very careful. Not only have they lost my bitcoins but I sent them £.... Via bank transfer to purchase more on the Friday the 15th and have heard nothing from them since. Did they loose all their bank deposits as well?

The thing is that there will be crooks who try to steal money, even if you put all the security measure you can find. You just have to pray that you aren't the one to be crooked...

Wow, I'm a Zen Cart ecommerce designer and after looking at all Zen Cart/Bitcoin plugins I chose BIPS - YESTERDAY! I had no issue creating a new account and installing the software on demo site. I can't believe there were no warning or announcements anywhere to be seen, if It wasn't for this post I would not have known of any breach. Luckily I had yet to transfer BTC's to test their plugin - whew!

Sorry to hear the losses on here, I hope you find restitution quickly.

Dave Ward
Kitchener, ON, Canada

OKAY your btc has been flagged    it was put here on the  the 31st of oct.

https://blockchain.info/address/1PGXTsbbrnXBnTgEdssRCH8Ukc57DvapcP  the address you gave us.  it was moved on the 31st of oct to this address


https://blockchain.info/address/14xMNNgzDtkmrPhkEZohGg3nHkPFw96hDz    then moved on the same day to a flagged address that has 'easycoin scam' marked on it.


tx ids  go   in this order :

1)https://blockchain.info/tx/37b7e6df916b32113e9dda776d6127c0566106fcca89a750537ad27ccab11462  incoming

2)https://blockchain.info/tx/fcd34fecf7898c2420e7a5b36a8ffd34d5583c1a73428f63d6d64eb7639af06a  out to a bips.me holding address common practice normal for online wallets to pool deposits

3)https://blockchain.info/address/14xMNNgzDtkmrPhkEZohGg3nHkPFw96hDz   out to an un known address with a tag (easycoin (scam?)   I am thinking this is a flag from bips  marking a problem transfer.

my address does this


https://blockchain.info/address/1AyWHY6kCMi4F221J7aPheiYdAvkDbcdPp


1)           https://blockchain.info/tx/e56f87a67251525aa3bc69118bccb19335db90b10305b10366b81fe74630be56          my .39345 btc came in on the 17 of nov

2)  17 to the 20 shit hit the fan my coins were frozen

3)https://blockchain.info/tx/4d6bc489bdb2f32d397eb2aa3844f2e6711b934399af5f62b11c9ded8c84edbf  my coins where moved here late nov 20th.

and all coins moved here  at this address

https://blockchain.info/address/1PhABsySjnnjMigE6YSBtaQAqZAwaX9h64    that was done late  nov 20th    more moves done since then  but I am thinking these are still in control of by bips.me 

 my coins were clearly moved after the shut down   when they claimed the system was partially restored.    all in all it is a fucking mess for a lot of people.

There needs to be a way to reverse transactions when things like this happen.  It doesn't need to be  like what Visa/ mastercard or paypal does..  Just some form of recourse built into the system.   

Goddamn right.  Even if they actually did get hacked (which I'm not willing to accept without proof), the security of their site was nothing like they advertised.  I'd bet they won't give technical details on the hack because it would reveal negligence.
 


May be doubtful, but I'm not willing to walk away from my BTC on the strength of a cultural stereotype.  Prove it or I'm assuming they stole it.  No offence, but I think any other affected users would be foolish to take any other stance.

no that is not good.  what bips does is transfer from your deposit address  to a second address.  since your monies were moved way before the breach you do not know what happened to them in the holding wallet.  my timing was the .4 btc   was put in about 1 hour to 10 hours before the breach and then moved  3 days after the breach was found it is easy to trace the history.

 I need to study the address you gave me.  maybe I can figure the moves made after you put the coins in.

I also don't see any activity on my address from what I can tell since they were deposited on 11/8

damn 90 bitcoins? 

Hey my address is this: https://blockchain.info/address/1PGXTsbbrnXBnTgEdssRCH8Ukc57DvapcP

I don't see any coins pulled after the 31st of October. So are my coins safe then?

Would the address I used on MTGOX to transfer the funds to BIPS be the address I enter to view it?  I don't kno what the other address is (private address?) since I can't view it when I log into BIPS

go to www.blockchain.info   in the middle of the page is a search engine put your  btc address  and you will see the info.

If the coins were pulled on the 20th like mine you are most likely okay.  if they where pulled on the 16th-18th   you are less likely okay.

Count those bitcoins lost forever unfortunately especially considering BIPS response to it.

Oh they certainly do...