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Topic: Bitstamp: Less than 19,000 BTC lost !!! - page 4. (Read 3934 times)

member
Activity: 105
Merit: 10
January 06, 2015, 11:42:14 AM
#13
That's just their way to attract people
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
January 06, 2015, 09:41:05 AM
#12
hahaha

He is laughing in his mind. "Fools, you made me RICH"   Grin Grin Grin Grin
haha yes, its good for us
legendary
Activity: 1456
Merit: 1004
January 06, 2015, 09:38:59 AM
#11
those big exchange always end up like this, with all the money they made, they can at least make a better secure system, instead we have gox 2.0

I don't think the problem is security..it's the admins/ceo's stealing the money.

I think the same. It's obvious that there are not too many orders lately, real orders not fake transactions and the admins may think :

" it is time to close. How much money do we have? xx millions. Ok, it is enough to spend our life without problems from now on" Smiley
legendary
Activity: 1100
Merit: 1030
January 06, 2015, 09:31:46 AM
#10
At least when they disclose the amount, it shows that they are transparent. Hopefully they can recover back and continue to remain in operation.

https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf
sr. member
Activity: 406
Merit: 250
January 06, 2015, 09:16:03 AM
#9
those big exchange always end up like this, with all the money they made, they can at least make a better secure system, instead we have gox 2.0

I don't think the problem is security..it's the admins/ceo's stealing the money.
legendary
Activity: 3206
Merit: 1069
January 06, 2015, 09:12:28 AM
#8
those big exchange always end up like this, with all the money they made, they can at least make a better secure system, instead we have gox 2.0
legendary
Activity: 1456
Merit: 1004
January 06, 2015, 08:47:47 AM
#7
hahaha

He is laughing in his mind. "Fools, you made me RICH"   Grin Grin Grin Grin
legendary
Activity: 1148
Merit: 1010
In Satoshi I Trust
January 06, 2015, 08:36:30 AM
#6
legendary
Activity: 1456
Merit: 1004
Q7
sr. member
Activity: 448
Merit: 250
January 06, 2015, 08:16:57 AM
#4
At least when they disclose the amount, it shows that they are transparent. Hopefully they can recover back and continue to remain in operation.
legendary
Activity: 2198
Merit: 1049
January 06, 2015, 08:14:15 AM
#3
i think they have enough resources to cover that loss. they made millions in fees since they got online (+VC money)

VC money is not supposed to cover loss. They are supposed to be used to give better return. I'm not sure if that can be used to cover stolen funds from customers.
legendary
Activity: 1148
Merit: 1010
In Satoshi I Trust
January 06, 2015, 08:10:23 AM
#2
i think they have enough resources to cover that loss. they made millions in fees since they got online (+VC money)
legendary
Activity: 2198
Merit: 1049
January 06, 2015, 08:02:07 AM
#1
Quote
AN IMPORTANT MESSAGE TO OUR CUSTOMERS:

January 6, 2015, 12:34am UTC: We have temporarily suspended Bitstamp services. Bitstamp customers can rest assured that their bitcoins held with us prior to temporary suspension of services on January 5th (at 9am UTC) are completely safe and will be honored in full.

On January 4th, some of Bitstamp’s operational wallets were compromised, resulting in a loss of less than 19,000 BTC. Upon learning of the breach, we immediately notified all customers that they should no longer make deposits to previously issued bitcoin deposit addresses. To repeat, customers should NOT make any deposits to previously issued bitcoin deposit addresses. As an additional security measure, we suspended our systems while we fully investigate the incident and actively engage with law enforcement officials.
This breach represents a small fraction of Bitstamp’s total bitcoin reserves, the overwhelming majority of which are held in secure offline cold storage systems. We would like to reassure all Bitstamp customers that their balances held prior to our temporary suspension of services will not be affected and will be honored in full.

We appreciate customers’ patience during this disruption of services. We are working to transfer a secure backup of the Bitstamp site onto a new safe environment and will be bringing this online in the coming days. Customers can stay informed via updates on our website, on Twitter (@Bitstamp) and through Bitstamp customer support at [email protected].

- Bitstamp Team

Source: https://www.bitstamp.net

Can they cover it from their cold storage ? 19,000 BTC is equivalent to more than 5 million USD at current market price.
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