cryptsy hacked - bigvern on cryptsy blog - page 2.

HeadsOrTails

full member

Activity: 233

Merit: 102

Quote from: NorrisK on January 15, 2016, 01:49:33 AM

They fact that they didn't file for bankruptcy yet makes me think the story might actually be true..

Because, clearly, these are Captains of Industry 2.0: they have more identities than a drug dealer has burner phones.

Wanna know why Cryptsy was the only exchange listing Lucky7Coin? Volume? No. Popularity? Bwha! No, it's was purposely installed as a measure to keep the money. IMO the only reason we're hearing from Big Vern now is because a civil suit was filed.

barrysty1e

hero member

Activity: 636

Merit: 516

This is the newest Cryptsy wallet, BigVern just took the money and bailed.
What a surprise - it's moving right now!

https://blockchain.info/address/3HNSiAq7wFDaPsYDcUxNSRMD78qVcYKicw

KeriJo

newbie

Activity: 13

Merit: 0

Quote

Re: [#246822] missing auroracoins
[email protected]
[email protected];Fri 1/15/2016 10:29 AM

Please see http://blog.cryptsy.com/ for current and future updates.

Sincerely,

Cryptsy.com

So it's all the coins not just btc and ltc.

Guess I'm out 15 cents. lol.

Update: my balance (all 15 cents worth) has reappeared on cryptsy but wallets are "under maintainence" whatever that means.

seedtrue

legendary

Activity: 963

Merit: 1002

Terrible news to read about. I am sorry for everyone that had coins on cryptsy.

BellaBitBit

hero member

Activity: 756

Merit: 500

Quote from: Bitcoinpro on January 15, 2016, 04:33:07 AM

Quote from: BellaBitBit on January 15, 2016, 12:43:34 AM

boy is this a busy night for Bitcoin - Cryptsy officially announcing some crazy Trojan stuff and Hearn being so passionate about Bitcoin that he sold his coins Huh

can you provide any transaction ids to prove he sold his coin?

yes, with a rant like that he should have provided proof he sold.

tutorialevideo

legendary

Activity: 1161

Merit: 1001

Don`t invest more than you can afford to lose

This is really sad news

crazywack

legendary

Activity: 1148

Merit: 1000

What a bunch of incompetent MF'ers IF true....

breakbeater

sr. member

Activity: 444

Merit: 250

Life is a bitch, get used to it...

Here it is..

https://github.com/alerj78/lucky7coin/issues/1

TheNewAnon135246

legendary

Activity: 2198

Merit: 1989

฿uy ฿itcoin

They should post a part of the wallet's coding to show where the backdoor was implemented.

marquix

member

Activity: 128

Merit: 10

Quote from: Fontas Returns on January 15, 2016, 12:25:03 AM

so what now theyve been telling us in chat and in messages they would resume withdrawals it's obvious on some level they've been fraudulent whether the coins were stolen by an inside job or not

exactly -- and this is a breach of duty on their part which they'll be liable for. It's a fraudulent one at that, making the owner PERSONALLY liable (including his Blockchain-based holdings which can be traced and will be) for the return of OUR (users) monies held in his train wreck that he deceptively and fraudulently concealed up to the last minute.

Not more than yet another variation of what's actually a textbook case of bankruptcy fraud and ensuing liability of Paul Vernon himself. Bad luck for him (stupidity rather). I would have thought he was smarter than that.

pedrog

legendary

Activity: 2786

Merit: 1031

Millions of dollars stolen and there's not even one police agency to make a report to?

WOW, just WOW!

rammy2k2

legendary

Activity: 1974

Merit: 1003

Quote from: o0o0 on January 15, 2016, 12:15:28 AM

http://blog.cryptsy.com/

Assuming its bigvern making the statement and the blog hasn't been compromised as well... which I think its him personally.

happened supposedly through a dodgy wallet... Don't they review all code?

Heh, i dont believe that at all, cryptsy always been fishy , i tried to warn users many times, he didnt got hacked, i bet on that.

Desten

sr. member

Activity: 357

Merit: 250

Found one of hot wallets.
Look here: https://www.etherchain.org/account/0xc47aaa860008be6f65b58c6c6e02a84e666efe31#txsent
While user withdrawals was offline - someone who have access to cryptsy eth hot wallet withdrew that coins.

jubalix

legendary

Activity: 2618

Merit: 1022

Quote from: rebuilder on January 15, 2016, 04:58:38 AM

Even if you take the blog post at face value, it's essentially an admission of fraud. They've been unable to fully pay out their customers for a year and a half now, apparently, and never said a thing.

trading while insolvent can be another cause of action

jubalix

legendary

Activity: 2618

Merit: 1022

Quote from: ?? on ??

Cryptsy has failed to explain why they aren't returning the millions of alts still stored in its cold-storage coffers.

Why not return those coins to the rightful owners?

I second this question.

He offers no explanation on this, which shows either incompetence or something else is afoot

eg seized and was selling off to get btc back to himself, so drawing down on remainder when people withdrew, so balances are fraudulent anyway or is keeping for sale.

I *feel* he may have been drawing down in the hope that he could recover enough profit to make up.

can any one confirm what alts were hard to withdraw leading up to this?

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Guess it's time to burn my Bigvern T-Shirt?

rebuilder

legendary

Activity: 1615

Merit: 1000

Even if you take the blog post at face value, it's essentially an admission of fraud. They've been unable to fully pay out their customers for a year and a half now, apparently, and never said a thing.

Jamacn

full member

Activity: 236

Merit: 100

in my memory, Cryptsy hacked every month.

Amph

legendary

Activity: 3248

Merit: 1070

i thought they were intelligent enough to analize three time each code of those scam, coin, well i guess i was wrong

Quote from: crazyivan on January 15, 2016, 03:08:32 AM

Another reason NEVER to keep your coins on any exchange. NEVER, NEVER, NEVER.

Cold storage is the only credible option.

These 10k BTC due are funds of their users. What now? U can kiss your funds good bye.

well you need to keep a small sum for trading, any coins soem time is too slow, even with 30 sec block time, for fast tarding

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

Quote from: BellaBitBit on January 15, 2016, 12:43:34 AM

boy is this a busy night for Bitcoin - Cryptsy officially announcing some crazy Trojan stuff and Hearn being so passionate about Bitcoin that he sold his coins Huh

can you provide any transaction ids to prove he sold his coin?

Topic: cryptsy hacked - bigvern on cryptsy blog - page 2. (Read 4862 times)