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Topic: COINDASH - Future of trading - Token Sale 17th July 2017 - page 32. (Read 198664 times)

hero member
Activity: 728
Merit: 500
These eth based ico are very dangerous. But in this case I think it was suspicious. They don't have any control on ico site?
They should do a registration form with a single generated address per person.

You can't put simply an address on a website and tell people "please pay here"  Undecided Undecided
full member
Activity: 283
Merit: 100

Have you all seen how arrogant dev was just before ico start, few pages back? Karma bitch.

And finally, only whitelisted chaps and some "unlucky" others will get their tokens.

Well, good luck with that.
newbie
Activity: 73
Merit: 0
Refund all money to whitelist and close this shit.

It's how the team repay stolen money is not a problem whitelist participants.
legendary
Activity: 1118
Merit: 1004

Please remember what happened here for future "ICOs" - inform others, spread knowledge... how many more people will have to lose their hard-earned money?


member
Activity: 61
Merit: 10
full member
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
Anyone know the answer to this question?

I have searched on the Etherscan page for the Fake address and neither my tx code nor my wallet address appear there in the list of 2000+ transactions, I have all the info of the transactions and it currently has over 640 confirmations.

Is there any chance the transaction will not be received and refunded to my wallet?
newbie
Activity: 36
Merit: 0
look at: https://www.coindash.io/
They have formal annoucement
legendary
Activity: 1118
Merit: 1004


Good luck developers and don't let your investors down because they trusted you and your project for their hard earned money.

Is that desperation or Stockholm Syndrome? Anyway, I feel for you man. I am sorry you got scammed.
Please learn something from this. Find better projects to invest in, don't fall for these ICO scams anymore.
full member
Activity: 140
Merit: 100
Never too old to learn
let's assume they got haked and they are not scamming.

why they took so many times to warn people?

We want the full log of the hack and also the hack method they have used to take control of the web site.

If the server was psw protected with a 24 char psw no one can hack it, so tell us how you got hacked? You have used a psw like 12345 ?


Unbelievable situation, the project is already dead , also if you will give the coin to the scammed people. No one will belive you anymore. Make a full refound of the wihite list contribution (included taas) and change work, because you can't run a crypto project.



this is my though

let me think about this situation clearly,

1. i make announcement " hey everybody, i will launch the ico, this is the apps we would use ( going to hire some ultra beginer developer to make beta apps ) "
2. i advertise my ico launch date
3. when ico date comes, i make a new eth wallet in MEW then i put it on website.
4. i watch the eth coming to my New Eth wallet i just made
5. when i check it reach 7 million and i feel its enough for me i write in ann thread and twitter " hello my fellow supporter and investor, our website is getting hacked and hacker put his address on it "
6. i let people reacting...screaming...
7. i announce to people " hei my fellow supporter and investor, dont worry we will send you our token even if you send it to hacker address ( the fact its also my address )
8. i act like a hero who put my money on this project because of hacker.


this is just my negative though

however we did not know what is really happened, right now



We o ly need 1 ETH to make a 1.000.000.000 token, right ?

1 ETH to make 7 mill and act like a heroo
full member
Activity: 490
Merit: 101
Here is official announcement from official website CoinDash
"Dear CoinDash contributors,

It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution.

CoinDash is responsible to all of its contributors and will send CDTs reflective of each contribution. Contributors that sent ETH to the fraudulent Ethereum address, which was maliciously placed on our website, and sent ETH to the CoinDash.io official address will receive their CDT tokens accordingly. Transactions sent to any fraudulent address after our website was shut down will not be compensated.

This was a damaging event to both our contributors and our company but it is surely not the end of our project. We are looking into the security breach and will update you all as soon as possible about the findings.

The CoinDash vision, product and team will continue to live on. We will be fast to recover and we will create the future of trading.

Reminder: We are still under attack. Please do not send any ETH to any address, as the Token Sale has been terminated.

More information will be published on our social channels and our website.

-CoinDash Team"

Good luck developers and don't let your investors down because they trusted you and your project for their hard earned money.
newbie
Activity: 73
Merit: 0
EPIC SCAM - CONGRATULATIONS FOR THE TEAM  Cool

Now whitelist takes BAGHOLDERS  Kiss

member
Activity: 64
Merit: 10
Transactions sent to any fraudulent address after our website was shut down will not be compensated.
I guess they mean "any other address than was shown on the site before". As the transaction isn't executed immediately, so lots of them were after the site was shut down.
newbie
Activity: 20
Merit: 0
The question is will TaaS get their eth back?

https://medium.com/@Taas/taas-invests-500-eth-in-coindash-a-crypto-based-social-trading-platform-14a6055c5fd8

Because if so the people on the white list better get their eth back too

They should be refunded instantly, since the coindash team has the whitelist address ETH total I think anyway.

They should not refund whitelisted adresses as that would be extremely unfair to all other participants. Only 'fair' way to refund some of the ether would be to re-distribute it proportionally to everyone (so including those that send to the fake address from their mainpage).

Other option is issuing worthless tokens to everyone. I guess we're screwed out of at least part of our money either way.

So what you're saying everyone should lose then? You can't proportionally refund people as people who did nothing wrong will then still be penalised.

If they issue worthless tokens to everyone, everyone loses so what's the point? Might as well be one positive outcome
legendary
Activity: 1118
Merit: 1004
Here is official announcement from official website CoinDash
"Dear CoinDash contributors,

It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution.

CoinDash is responsible to all of its contributors and will send CDTs reflective of each contribution. Contributors that sent ETH to the fraudulent Ethereum address, which was maliciously placed on our website, and sent ETH to the CoinDash.io official address will receive their CDT tokens accordingly. Transactions sent to any fraudulent address after our website was shut down will not be compensated.

This was a damaging event to both our contributors and our company but it is surely not the end of our project. We are looking into the security breach and will update you all as soon as possible about the findings.

The CoinDash vision, product and team will continue to live on. We will be fast to recover and we will create the future of trading.

Reminder: We are still under attack. Please do not send any ETH to any address, as the Token Sale has been terminated.

More information will be published on our social channels and our website.

-CoinDash Team"

If I was one of the early investors in this Ponzi scam ICO (those who sent to the right address) I would be pretty pissed because the fact that people will get tokens even though they didn't send anything to this project (to the actual address), effectively devalues  the tokens I would be holding by more than 50% (since the right address raised less than the fake one). In a way, the people who sent to the right address will pay a huge invisible tax in order to "finance" the refund to the scammed people. The company didn't lose anything folks... they can issue as many imaginary tokens as they want. It's the people who invested that lost, especially the ones who sent to the right address.

Am I wrong?
legendary
Activity: 1330
Merit: 1012
Over $7m stolen today! I almost contributed but the font looked weird. How do we know that the fucking Jews didn't plan this?
and Taas also fucked up with 500 ETH. fuck off!!! never trust in motherfucking jews.
newbie
Activity: 6
Merit: 0
All eth trading should be halted and a rollback done. it is the only fair solution. but only EthHF  not Etc

As someone caught up in this, that makes no sense. Rolling back the entire blockchain for 7M because all of us were too complacent to do full due diligence is nonsense. While the team here should have done better and I'm not blaming everyone else as the primary cause, it's not like this was a contract flaw or something. We just sent money to an address immediately out of FOMO, and as much as it sucks that's just what happens when you take a risk and don't thoroughly vet something.

Edit: This also doesn't make sense as an inside job if they refund the tokens. If that was the plan it would be smarter to let the ico close, dump their own Cdt and take all of the ETH. If youre going to steal 7m you might as well steal more, I can't imagine your moral compass stops at 7m worth of theft.

sure it does if you want to play the clean hero and continue to the next project in 6 months.. by then no one will remember. no one remembers that just 3 years ago the founder was working at Gemz.. short memory people have , plus the two words Due diligence are words people know nothing about.
hero member
Activity: 888
Merit: 571
Payer sa baguette en BTC, c'est possible
let me think about this situation clearly,

1. i make announcement " hey everybody, i will launch the ico, this is the apps we would use ( going to hire some ultra beginer developer to make beta apps ) "
2. i advertise my ico launch date
3. when ico date comes, i make a new eth wallet in MEW then i put it on website.
4. i watch the eth coming to my New Eth wallet i just made
5. when i check it reach 7 million and i feel its enough for me i write in ann thread and twitter " hello my fellow supporter and investor, our website is getting hacked and hacker put his address on it "
6. i let people reacting...screaming...
7. i announce to people " hei my fellow supporter and investor, dont worry we will send you our token even if you send it to hacker address ( the fact its also my address )
8. i act like a hero who put my money on this project because of hacker.


this is just my negative though

however we did not know what is really happened, right now


This is scary indeed and would make sense. That would make their life a lot more easier. Because there are no obligations anymore, just some kind of volunteer job?


it just comes up to my head any scenario could be possible in this situation,...the only people who knows the truth is coindash team, if it is hacked they can track the logs..etc..

WHat an ICO... It's sad for the project either way,
hope the team will work harder on the project to make us forget this incident
legendary
Activity: 1118
Merit: 1004
Agree that it was one of the worst managed icos (and the lack of the communication now make it even worse), but I don't think it was scam. They could just increase the cap and would raise the same amount without devaluating their coins.

Dat Stockholm Syndrome  Cheesy
legendary
Activity: 1386
Merit: 1001
Ganja <3
The question is will TaaS get their eth back?

https://medium.com/@Taas/taas-invests-500-eth-in-coindash-a-crypto-based-social-trading-platform-14a6055c5fd8

Because if so the people on the white list better get their eth back too

They should be refunded instantly, since the coindash team has the whitelist address ETH total I think anyway.

They should not refund whitelisted adresses as that would be extremely unfair to all other participants. Only 'fair' way to refund some of the ether would be to re-distribute it proportionally to everyone (so including those that send to the fake address from their mainpage).

Other option is issuing worthless tokens to everyone. I guess we're screwed out of at least part of our money either way.

How is it unfair? They have the ETH from those who used the whitelist address! That means they should refund those people/companies. Re-distributing someone elses eth to everyone isn't fair. It belongs to the rightful owners.
They are issuing them worthless tokens to everyone who sent via fake address.  

Luckily I didn't send any ETH cause devs were shady asf today. ICO's lately are just pure scams, waste of time.

I learned. I will never invest in an ico.. Because 99% the price is after the ico lower so i just buy coins/tokens if i see company dev make good job..

Good,  you learned a lesson. Sadly not many people are like you... many will run to the next ICO in 1 week claiming "this time it's different! this next ICO world supercomputer VR AI crypto operating system is the real deal!"

I dont invested here.. I was hours before ico start here to warn people not investing.. And than this happens xd
member
Activity: 64
Merit: 10
Agree that it was one of the worst managed icos (and the lack of the communication now make it even worse), but I don't think it was scam. They could just increase the cap and would raise the same amount without devaluating their coins.
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