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Topic: BTC-E hacked - still unfolding - page 3. (Read 22045 times)

member
Activity: 93
Merit: 10
July 31, 2012, 03:11:34 AM
#20
Fake LR deposits... That's pretty curious. I'm going to guess that's still a flaw on their end and not LR's.
legendary
Activity: 1064
Merit: 1000
July 31, 2012, 03:07:02 AM
#19
Dev on BTC-E chat, just said the site itself was not hacked.

It appears they received a large fake LR deposit.

dev: bitcoinism, they able to withdraw small amount of BTC on our bitcoin server

dev: we got some fake LR deposits so they just bought btc and withdraw



Added: Looks like they are going to do a rollback

dev: we do rollback right now
member
Activity: 93
Merit: 10
July 31, 2012, 02:57:40 AM
#18
Confirmed by site owner as a hack so I'm re-opening. 

Whaaa??? A bitcoin operation was hacked???!!!???  The currency of the future!

Nothing wrong with the currency itself Wink Just a bunch of fucking amateurs coding exchanges. Who thought BTC-E looked remotely reputable in the first place? I'm still shocked at the volume there. Hm... random russian exchange, looks legit...
legendary
Activity: 980
Merit: 1003
I'm not just any shaman, I'm a Sha256man
legendary
Activity: 980
Merit: 1003
I'm not just any shaman, I'm a Sha256man
July 31, 2012, 02:46:24 AM
#16
Why dosen't anyone do exchanges right? I think I might have to run an exchange just to show these "big tymers" whats up. TOo bad i don't have a cash roll to get it started.
legendary
Activity: 1855
Merit: 1016
July 31, 2012, 02:38:38 AM
#15
I think this may be the root cause of hack or theft or whatever today happened/happening on btc-e

https://bitcointalksearch.org/topic/accusations-against-supadupajenkins-94573
hero member
Activity: 686
Merit: 500
Wat
July 31, 2012, 02:37:51 AM
#14
I think this may be the root cause of hack or theft or whatever today happened/happening on btc-e

https://bitcointalksearch.org/topic/accusations-against-supadupajenkins-94573

Yes. He claimed there are a couple of accomplices. I wouldnt be surprised if BCX is one of them  Smiley
hero member
Activity: 686
Merit: 500
Wat
July 31, 2012, 02:16:18 AM
#13
Pretty sure you're screwed no matter how you look at it. BTC-E admin will probably pull a gox and cancel any profitable trades.

Yeah well how do they fix people withdrawing BTC?  They're fucked.

They wont be able too and will probably just mark their account minus USD

Im guessing lots of people will abandon their accounts  Smiley
legendary
Activity: 1834
Merit: 1020
July 31, 2012, 02:11:57 AM
#12
Pretty sure you're screwed no matter how you look at it. BTC-E admin will probably pull a gox and cancel any profitable trades.

Yeah well how do they fix people withdrawing BTC?  They're fucked.
member
Activity: 83
Merit: 10
July 31, 2012, 02:07:04 AM
#11
Pretty sure you're screwed no matter how you look at it. BTC-E admin will probably pull a gox and cancel any profitable trades.
sr. member
Activity: 336
Merit: 254
CEO of Privex Inc. (www.privex.io)
July 31, 2012, 02:00:18 AM
#10
3. Change passwords for other websites immediately.
...unless you've got a lastpass account (or similar) with long, random, unique passwords for everything. It's not that hard.
I have Keepass Smiley, my btc-e password was used nowhere else.
The bad part is that I've now got $73 that I can't withdraw. Plus I got in late, so if I do get this out at all, I didn't get to profit from the huge hack =_=
member
Activity: 83
Merit: 10
July 31, 2012, 01:57:50 AM
#9
3. Change passwords for other websites immediately.
...unless you've got a lastpass account (or similar) with long, random, unique passwords for everything. It's not that hard.
sr. member
Activity: 275
Merit: 250
July 31, 2012, 01:14:59 AM
#8
Confirmed by site owner as a hack so I'm re-opening. 

Whaaa??? A bitcoin operation was hacked???!!!???  The currency of the future!
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
July 31, 2012, 01:12:58 AM
#7
(reserved)

Will be posting updates

You sure know everybody in the community.

It's my job!
legendary
Activity: 980
Merit: 1014
July 31, 2012, 01:09:33 AM
#6
(reserved)

Will be posting updates

You sure know everybody in the community.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
July 31, 2012, 01:07:20 AM
#5
(reserved)

Will be posting updates

BTC-e confirmed the hack, and that they are now carrying out an investigation.

I will be here as events unfold
hero member
Activity: 868
Merit: 1000
July 31, 2012, 01:05:37 AM
#4
Confirmed by site owner as a hack so I'm re-opening.  This seems a more appropriate forum than Speculation for users to ask questions about losses, refunds, rollback, etc.
hero member
Activity: 868
Merit: 1000
July 31, 2012, 12:04:06 AM
#3
I'm going to lock this now as the purpose of posting the thread was to make the broader community aware of the hack and to direct them to the threads where the details are being discussed.  If anything earth-shattering is revealed in the other threads, I'll post it here but it's probably more appropriate for one of those threads to be moved here now.
legendary
Activity: 1246
Merit: 1077
July 30, 2012, 11:59:47 PM
#2
I believe it constructive to repeat these important steps:

1. Sell ALL USD immediately. There is definitely not enough USD to pay out.
2. Withdraw ALL BTC immediately. Unless fractional reserve or cold storage was employed, there should be enough. This is confirmed by one of DeathAndTaxes's experiments.
3. Change passwords for other websites immediately. The database is likely to leak, if a SQL injection was the culprit.

Best of luck to all victims.
hero member
Activity: 868
Merit: 1000
July 30, 2012, 11:52:12 PM
#1
This is still in progress and is being discussed in the Speculation forum.  I'm just posting this here because I know that many users avoid the Speculation forum and will thus be unaware that this has even happened.

Essentially, someone pumped a whole heap of fake USD onto BTC-E and then started buying up the BTC (the price spiked at over $90).  It is thought that those who sold their BTC will find there are no funds backing the sale.  The rapid price movement also encouraged people to move BTC and real USD onto the exchange in the hope of profiting from the volatility.

https://bitcointalksearch.org/topic/btc-ecom-nice-recovery-from-the-hack-96802

https://bitcointalksearch.org/topic/hack-alert-btc-e-btcusd-has-record-volume-today-96803
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