Bitcoin: 13,000 BTC
Litecoin: 300,000 LTC
This of course was a critical event for Cryptsy, however at the time the website was earning more than it was spending and we still have some reserves of those cryptocurrencies on hand. The decision was made to pull from our profits to fill these wallets back up over time, thus attempting to avert complete closure of the website at that time. This worked fine for awhile, as profits decreased due to low volume and low Bitcoin prices, we would adjust our spending accordingly. It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble. The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began.
Our current customer liabilities for BTC is around 10,000 BTC, so as you can see we would like to see the Bitcoins returned for both our users and for ourselves.
Here are the transaction details from the Bitcoin wallet:
https://www.walletexplorer.com/wallet/0c07e0bec1002bd2
As you can see, 2014-07-29 13:17:36 is when the event occurred. A very interesting fact here, however, is that those Bitcoins have not moved once since this happened. This gives rise to the possibility they can be recovered. In fact, I’m offering a bounty of 1000 BTC for information which leads to the recovery of the stolen coins.
recovered. In fact, I’m offering a bounty of 1000 BTC for information which leads to the recovery of the stolen coins.
And watch this video from " Aug 13, 2014", nearly two weeks later:
https://www.youtube.com/watch?v=dJONR_UL1rw
"Unbelievable" is all i have to say ...
Or better "how to dig ones own hole" - presented by BigVerns
good lord! never seen that! thats gotta be the most damning body language evidence out there.
Paul Vernon: Thanks for stopping by, and who are you guys again. Ah, okay, just wanna to make sure I had the name right so that over lunch we can make fun of you for not asking why 6.5 million dollars of bitcoins were rumored to be stolen from Cryptsy. You guys are the bestest reporters in the whole wide world. When you guys came in here, I thought I was gonna wet my pant with piss, but it turned out I creamed them with sweet and salty jeez. Wanna taste or smell it to prove I'm not lyin'?