Topic: Exchange accidentally sent 512 bitcoins after coding error - page 16. (Read 35497 times)

You're funny.  You're bitching about somebody who was sent 500BTC in error and cashes it in, when you're completely glossing over the GLARING FRAUD everywhere else on these forums.  This isn't a scam.  There was no confidence game played here.  This is a programmer's gross negligence come back to haunt him.

If you want to stop scammers, then you should be haunting all of the yes-men who're playing the speculative pump-and-dump schemes, and the pyramid scheme operators and exchange operators who disappear overnight or "lose" half their value.  There's the real scam.

Real fast. Bitcoins are network access  and certain network authentication services. The legal term is an incorporeal hereditament. Yes they can be stolen. Yes there is title to them. Possession alone passes no title even for negotiable instruments, which happen to construe possession most strongly.

There is no legal or moral excuse for this behavior. At the very least there is UNJUST ENRICHMENT which is a tort.

Anyone claiming otherwise is a fool and an idiot. You are so dependent on the nanny state to define your rights you forget them some rights are strictly sui generis.

http://blockexplorer.com/address/1LmHwPxGdUbnSMyomDeWtz85GkxUG2c31X


August 15/16 (depending on time zone), 2011 in #bitcoinpool


The data above proves that BenDavis was active immediately upon receiving the bitcoins.

I kinda think we should play nice...I mean, if we don't protect those who are creating and inventing and pushing the limits of what can be done with bitcoins, we all lose...everyone is gonna make a mistake, but if we encourage the clever ones and hassle the dumb ones to do the right thing, we'll all be better off. 

DrG
1DrGossc3QidjzgDXzveCAQGiPWsoiDZ8C

Please quote me correctly.

I have no comment on the Bruce Wagner situation and I DID NOT make the comment you quoted.
THAT witch hunt is currently going on in another thread or 2 and due to the senstitive subject matter being discussed there, I have chosen NOT to participate.

This thread is about Trailer Trash Windfalls between Wellfare Checks and The Scum that profit/

Please correct your post by removing the reference to my quote, or quote it correctly if you don't mind.

Thanks in advance,
Allan

Yeah tell me about it.

This whole thing is being hashed out in the newbie section. There is no real information in it. It could very well be an hilarious troll. No one has proved possession or ownership of anything.

I read the thread, and wish I could take it back. A bunch of fucking internet lawyers talking bullshit. I am not participating in that, I am just pointing out that waking up to more money in your bank account is not a scam. This all gets back to the semantics that you don't seem to grasp.

noun 1.
a confidence game or other fraudulent scheme, especially for making a quick profit; swindle.


Give me some precedent for which a value was ascribed to intangible digital goods...don't just claim more bullshit like everyone else on this thread. How is this not akin to a kid suing some other kid for stealing his wow gold? Both have an obscure place on the internet at which they can be exchanged for USD, so they both have this 'value' everyone keeps jerking themselves off over.

lulz

This all just comes back to the fact that the anonymity means there's a lot of deniability, and it puts the onus on the sender to make sure they're not sending their money to the wrong place.  You're not sending bitcoins to a person, you're sending them to an address.  You can't prove that the address is connected to the person.  You can't prove Ben didn't lose the USB key that had his wallet on it well before the transaction even took place.  Did phantomcircuit send Ben money, or did phantomcircuit send money to a USB key that's in a garbage can somewhere?  If someone finds that USB key and spends the money, is that proof Ben lied?  Even the fact that Ben has acknowledged the transfer doesn't mean anything, depending on what exactly he acknowledged: he knows the address, so maybe his acknowledgement was just based on seeing it in blockexplorer, not actually having the wallet.  Knowledge of a specific transaction isn't proof of anything, because everyone has knowledge of all transactions.

It's fairly obvious that this isn't what's going on here, because if it were, Ben would have said something to that effect, rather than taunting phantomcircuit.  But proving bitcoins were moved to a specific person is difficult to do, and in fact is something that the system was designed to prevent.

All the court has to do is continue to recognize the existence of an ownership interest in an intangible property, something they've been doing for literally thousands of years.  The only way this could set a precedent is if they decided that the entire history of jurisprudence from the dawn of history until now was wrong.

This case has the potential to silence a bunch of fools on the internet, but is otherwise totally mundane and ordinary.

Admission of possesion, Awareness of mistake, taunting the Sender and refusal to return them back is not enough proof ?

GIVE YOUR HEAD A SHAKE and perhaps READ THE WHOLE THREAD and familiarize yourself with the entire situation like the rest of us who are commenting here, have taken the time to do - THEN COMMENT ON MY MTV FRIED BRAIN.

I get it....Don't tell me: American Law perhaps ? Judge Judy or The People's Court ? Innocent through submission of guilt  

Finnish police raid homes over stolen Habbo Hotel furniture and Dutch courts have convicted Runescape sword stealers to community service (due to their youth, not the severity of the crime).

Also, anyone who thinks that a court will set precedent with this is retarded...in would open the doors for a veritable onslaught of e-currencies that the court system is completely unprepared to tackle. 'I'm gonna sue you for stealing my WoW gold and never delivering my +69 dragoncock sword". It's not gonna happen. One quick google of this clusterfuck and any judge will slap it off his desk as fast as they can.

What makes you think the two are located in the same country?

Whoa now, there is far from enough information for me to take a side here, but how exactly did he 'scam' the exchange out of these coins? You drop the S-bomb twice without merit. Semantics matter, even if your mtv and justin-bieber fried brain doesn't think so.

If you give me an address and make a deal with me that if I send money to it, you'll send me some widgets, and I provably put money in the address, then no, I don't care if you have the keys or not.  We have a deal and I held up my side, so you're in the wrong if you claim you didn't get your money.

Here's an address I don't have the keys to: 1KZ2Niypef5FZdycifLoofPZi7r1dC5QYf
If you can't control yourself and you accidentally deposit a bunch of money there, I hope you don't try to take me to court.

It's called conversion (look it up on Wikipedia).  He probably can't be sent to jail for it, but he can be sued and be found liable for damages, attorney's fees, and (if he can't return the BTC themselves and must reimburse in USD), damages can include any appreciation of the BTC.  All he needs is an attorney to file a lawsuit.

Phantomcircuit, I would suggest you call his local police and file a police report, simply get a case number, make it clear that you simply want to file a report to document your complaint that this guy acknowledges having your property and is willfully depriving you of it and converting it for his own use.  Whether you actually call a lawyer is up to you, but if you decide not to now and significant BTC price appreciation makes you change your mind later, you'll be glad you filed this report.  Even if you do not live in the US, I am pretty sure you have standing to sue in a court in his local jurisdiction.

(My fingers crossed: hopefully an attorney who understands Bitcoin would take an interest in such a case, because it has the potential to result in a court affirming that Bitcoins have value - something that would be super good for Bitcoin)

intersango ... they are the ones with the shitty code.

And I know right?!  Strongarm is funny...  trying to scare.  WRONG!!!!!!!!!!  No one is getting scared.

LOL this thread is hilarious, Its funny to read all of the posts of people trying to strong arm this guy into returning the BTC. 

I'm curious at wich exchange did this happen? I didn't see it mentioned yet.

The final stage of testing is using in production.

There is not a single testing stage that is as intensive as the actual use in production, and even if you have thoroughly tested, things can and WILL go wrong sometimes. The difference is that in this case, it's public in a forum thread, while in the case of a (fiat currency) bank, noone ever hears about it.