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Topic: bter hacked and lost 50m nxt - page 25. (Read 25511 times)

sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
August 15, 2014, 07:02:21 AM
#59
A second hijacker just appeared: https://nxtblocks.info/#section/txid/16127013390623010298

Quote
I'll pay 0.000004 btc per nxt. That's double what's BTER is paying. You may sell as much as you want. 1 nxt or all 45m it's up to you. I got the btc ready. You'll be left safe btc and I'll hold risk of forking. Please reply me anyway thank you

sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
August 15, 2014, 07:00:13 AM
#58
Someone is trying to hijack the deal!

Quote
You're selling NXT back to BTER at 0.000002 btc per nxt. I'll buy them for 0.000003 btc per nxt. That's 50% more for holding all the risk of being forked myself while you have safe BTC. I got BTC ready to send instantly. Thank you very much!

https://nxtblocks.info/#section/txid/4053546080551753572

Negotiations on blockchain - the future of collecting ransom Grin

Surprised Bter had such lazy security in the first place.

This is BTER's explanation.


This is actually pretty freaking awesome to watch.

Now let me go grab some popcorn. Cool

It's going to get better, I think. 110BTC in the thief's account now. I don't know where the extra 10 came from - and even if the 70BTC came from BTER.
https://blockchain.info/address/13UZjKkhHWyTmQ4mx28WT5Wj1zw4pEByZw

Meanwhile, the NXT remains unmoved: https://nxtblocks.info/#section/accountId/NXT-8WJ7-8A2H-MBYN-3W9K4
legendary
Activity: 826
Merit: 1002
amarha
August 15, 2014, 06:58:29 AM
#57
https://blockchain.info/address/13UZjKkhHWyTmQ4mx28WT5Wj1zw4pEByZw

110 BTC sent but the deal is off?!

What are they doing?!
hero member
Activity: 910
Merit: 509
August 15, 2014, 06:56:22 AM
#56

Name   Lin Han  (191)
Org.   Lin Han  (72)
Email   [email protected]  (29)
Street 1   76 Broadway Ave  (14)
Street 2   -
City   Hamilton  (407,130)
Region   Ontario  (1,076,314)
Zip / Post   L8S 2V8  (18)
Country   CANADA  (6,176,607)

https://plus.google.com/u/2/107171805811454551552
https://www.facebook.com/lin.han.925
https://twitter.com/Ratoo/status/16369480409

It looks like the hacker may have just exploited a weakness in his account security, not BTER itself. 90% of passwords the same? Ugh, password managers, please!

Really interested to see how this turns out.
hero member
Activity: 910
Merit: 509
August 15, 2014, 06:54:17 AM
#55
This is actually pretty freaking awesome to watch.

Now let me go grab some popcorn. Cool
legendary
Activity: 1050
Merit: 1000
August 15, 2014, 06:53:17 AM
#54
Someone is trying to hijack the deal!

Quote
You're selling NXT back to BTER at 0.000002 btc per nxt. I'll buy them for 0.000003 btc per nxt. That's 50% more for holding all the risk of being forked myself while you have safe BTC. I got BTC ready to send instantly. Thank you very much!

https://nxtblocks.info/#section/txid/4053546080551753572

Negotiations on blockchain - the future of collecting ransom Grin

Surprised Bter had such lazy security in the first place.
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
August 15, 2014, 06:51:10 AM
#53
Someone is trying to hijack the deal!

Quote
You're selling NXT back to BTER at 0.000002 btc per nxt. I'll buy them for 0.000003 btc per nxt. That's 50% more for holding all the risk of being forked myself while you have safe BTC. I got BTC ready to send instantly. Thank you very much!

https://nxtblocks.info/#section/txid/4053546080551753572
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
August 15, 2014, 06:49:53 AM
#52
The courteous thief/hacker made an account and posted on the Nxt forum.

Quote
Okay, Guys - Let me apologise - but the deal is off.

I'm not going to stay here for hours waiting for him to send the bitcoins. I been almost hour since the first batch of NXT was sent to him, I'm not going to stay hours waiting for his send batch of his bitcoins.

I got  things to do, than sit around and wait.

Lets see if the one exchanges lack of impenitence will ruin whole NXT community.

Good luck, all!

Moments later, BTER sent him 20BTC.

Why did Bter send 20 BTC after this?

I don't think the details about the hacker are correct. Very likely those are stolen too.

After BTER made the first installment, the thief sent over 5m NXT.
Then BTER asked them to send the second batch of 5m before they continue to make payment and waited.
The thief called their bluff and threatened to break nego and leave. BTER rushed off another 20BTC, but as of now, the thief's wallet balance remains at 46m.
legendary
Activity: 826
Merit: 1002
amarha
August 15, 2014, 06:49:44 AM
#51
The courteous thief/hacker made an account and posted on the Nxt forum.

Quote
Okay, Guys - Let me apologise - but the deal is off.

I'm not going to stay here for hours waiting for him to send the bitcoins. I been almost hour since the first batch of NXT was sent to him, I'm not going to stay hours waiting for his send batch of his bitcoins.

I got  things to do, than sit around and wait.

Lets see if the one exchanges lack of impenitence will ruin whole NXT community.

Good luck, all!

Moments later, BTER sent him 20BTC.

Why did Bter send 20 BTC after this?

I don't think the details about the hacker are correct. Very likely those are stolen too.

The details are the Bter guy's details...
legendary
Activity: 826
Merit: 1002
amarha
August 15, 2014, 06:48:55 AM
#50
 https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/msg81888/#msg81888

From the hacker: "Lin used same password for 90% of his services including his linode account."
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
August 15, 2014, 06:48:34 AM
#49
sr. member
Activity: 294
Merit: 250
Bitmark Developer
August 15, 2014, 06:48:08 AM
#48
redacted, I should get some sleep.
member
Activity: 70
Merit: 10
August 15, 2014, 06:45:33 AM
#47

... only in bitcoin land
Geez, this guy has other exchanges to rob. Don't waste his precious time.

rofl. That is too funny man.
legendary
Activity: 1008
Merit: 1000
August 15, 2014, 06:44:49 AM
#46
The courteous thief/hacker made an account and posted on the Nxt forum.

Quote
Okay, Guys - Let me apologise - but the deal is off.

I'm not going to stay here for hours waiting for him to send the bitcoins. I been almost hour since the first batch of NXT was sent to him, I'm not going to stay hours waiting for his send batch of his bitcoins.

I got  things to do, than sit around and wait.

Lets see if the one exchanges lack of impenitence will ruin whole NXT community.

Good luck, all!

Moments later, BTER sent him 20BTC.

Why did Bter send 20 BTC after this?

I don't think the details about the hacker are correct. Very likely those are stolen too.
sr. member
Activity: 294
Merit: 250
Bitmark Developer
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
August 15, 2014, 06:40:15 AM
#44

Wow. Could they really be that dumb?
Or are they using forged reg details?
sr. member
Activity: 294
Merit: 250
Bitmark Developer
August 15, 2014, 06:38:08 AM
#43
I think they are I am a bit stupid.
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
August 15, 2014, 06:34:38 AM
#42
The courteous thief/hacker made an account and posted on the Nxt forum.

Quote
Okay, Guys - Let me apologise - but the deal is off.

I'm not going to stay here for hours waiting for him to send the bitcoins. I been almost hour since the first batch of NXT was sent to him, I'm not going to stay hours waiting for his send batch of his bitcoins.

I got  things to do, than sit around and wait.

Lets see if the one exchanges lack of impenitence will ruin whole NXT community.

Good luck, all!

Moments later, BTER sent him 20BTC.
sr. member
Activity: 294
Merit: 250
Bitmark Developer
August 15, 2014, 06:28:56 AM
#41
Interesting that the ransom BTC address is not new, it has been used before. https://blockchain.info/address/13UZjKkhHWyTmQ4mx28WT5Wj1zw4pEByZw

That may be useful.
legendary
Activity: 826
Merit: 1002
amarha
August 15, 2014, 06:28:12 AM
#40
Now we will see if NXT is decentralized or not Smiley


rollback = centralized

Not really. It takes all the decentralised nodes to agree and form a consensus.

That's like calling Bitcoin centralised every time they upgrade the software.

haha what?

When bitcoin upgrades the software there is no rollback

Do you not see the difference?

How is x amount of individuals separate from each other centralised?

When Bitcoin upgrades the software or has a hard fork the miners and the nodes need to agree on using and mining on a new chain(in the case of a hard fork).

It's a decentalised consensus either way.

That's the whole point of decentalisation. That it takes the majority to make changes.

I'm not saying that I necessarily support the forgers choosing to roll back or not though. But it clearly isn't a centralised decision.
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