Topic: Exchange accidentally sent 512 bitcoins after coding error - page 25. (Read 35497 times)

Transactions aren't reversible by design - those Bitcoins are now his.

You can't have it both ways people - you cannot have a system with 'no chargebacks' but call the lack of a receiving party to return mistakenly sent funds 'theft'.

Any and all rsposibility, if any at this point, falls on the programmer who coded this, not the person who received the funds.

Yeah, it could have changed things.  Dude upon waking up and finding 500+ bitcoins may have gotton excited and let his greed get the best of him.  As easy as it was to sell, its just as easy to buy back.  But we'll never know because both parties wanted to be a tough guy.

How to approach someone who has you by the balls?  Hint: Not forcefully.

Are you serious? He sold them before the conversation started, so his intentions were very clear. You think a nice tone would have changed this?

Good to know how to approach scammers for the future though: "Could you please give me my money back? "

Ahh yes, that part is certainly the shadiest of the story.

What I find interesting is many folk around here will make fun of the USD when millions get stolen, but when it comes to bitcoin, suddenly they're violating the purest of pures.

While I agree it would have been honorable to return most/all of the bitcoins, I also think this would have happened if the guy who made the mistake to begin with approached the dude with a little more humility.

All I can say are all the people in the thread that think he has no obligation to return the property are dead wrong.  i've seen many people are the mistaken belief that unless the law is written down and specific you can operate outside of it. That is a mistake. They are confusing malem in se and malem prohibitum.

He sold those Bitcoins shortly thereafter. So yes, it is stealing.

I fully agree. I’m getting sick of the "fuck you, got mine" here, and that people show sympathy for such people at all, even saying they would have done the same.

There’s just so much scum here it’s not even funny.

Coding error which sent bitcoins =/= rape.  Equating the two makes no sense.

Waking up to find 512 btc in your account =/= stealing/thieving.

"You catch more flies with honey than with vinegar".  A few kind words at the beginning could have gone a long way.

Errors are going to happen, so I guess it is the fault of the guy who provided a BTC-related service.  He should have known better than to consider doing such a thing.

Perhaps he should have made a USD-related service.

Fuck you, you're no help to Bitcoin.

It's a flaw in their script

That's how they take care of the money of other people? 

I disagree.  If the thief is dishonorable enough to steal this from somebody else who is already extending himself by offering him a service at no charge, I don't see how talking about a "finder's fee" is going to make that much of a difference.  If a rapist feels entitled to rape you just because he happens upon an unhindered opportunity, is "how can we work this out" going to make much of a difference?  Maybe you can negotiate it down to just a kiss or a grope?

If this had happened in the land of USD then the transaction could probably be reversed and the poor guy that accidentally received all this money would probably have the police knocking on his door.

But this aint USD land lol and there aint no btc police or corporate banks in control here, This is the world of BTC and if you make a mistake here it will cost you dearly.

Its the fault of the guy that made the coding error, Not the fault of the guy that got the BTC accidentally.

It's his money now and what he chooses to do with it is up to him, You can argue morality here if you want but it would be irrelevant.

Al it boils down to is this, Someone made an error and that error cost them alot of BTC.

Tuff luck.

If the guy who refused to return these 501 coins is in UK, than this is a simple civil matter, can be easily and relatively quickly sorted using small court procedure.

It is of of course not clear if money can be recovered in the end, the dude could plead poverty and pay 1£ a month until end of days, for example, etc...

But anyway we know too little to speculate beyond this.

Miner's axiom number 2: do not deal with anonymous parties.

Dude probably could have recovered a portion if he didn't try to strong-arm the guy infront of other people.

"Please"

"Finders Fee"

"How can we work this out"

I didn't see any of those approaches.

Edit: I did see a lot of

"Theif"

"Calling the Police"

"Felony charges".


When dude tried strong-arming infront of others, other dude naturally felt compelled not to appear 'weak'.

Having people take coins that don't belong to them doesn't represent the "real world"... unless you're talking about the uncivil portion of the world where everybody is poor and outlook is bleak.  To you who took the coins and claimed they were yours to keep, I consider you equivalent to a scammer.  You took advantage of a service someone provided you as a favor, and you stole something with the nonsensical justification that you "could".

That's the same way it works in poor neighborhoods.  No one there has anything, and part of that is because they have to spend their life protecting what little they've got, because someone else feels justified to take it just because it's not locked down.  That's not the way to prosperity.  No one gets ahead except at somebody else's expense - the net result is the entire community stands still.  On the other hand, in less desperate places, opportunities to steal are boundless, but people rarely take advantage of it because they choose to do things that get them ahead without setting somebody else back - community thrives and prospers as a whole.

If the idea is that the person who built the service that sent the coins is in error and should have known better, perhaps you're right.  Perhaps he should have known better than to provide a useful service and pitch in his time and talents to provide something to improve the bitcoin community.  Perhaps no one should do a damn thing for Bitcoin and take the risk that a fucker like you might grab their nuts and twist them.

What a fucker you are.  I don't know you, or the person you stole from (yes, stole), but I will be very gratified if I ever hear you got your ass handed to you for this.

This theft is a setback for all of us as a community.

If you know his name and address, this is small claims court time. If not, you can only blame yourself than and move on.

I would have sent them back.  I also would never do business with someone I knew wouldn't.

But that's just me.  I've turned in wallets full of fiat cash to lost & found before, as well.

(edit)  I should have mentioned that it was also monumentally stupid to put code into live production without thorough testing.  That probably goes without saying, but I'm saying it anyway.  Seriously, guys, who does that?  Especially on a site that's dealing with a quarter million dollars or more worth of electronic funds...

511 BTC? LOL well i guess your rich now....

Screw that guy, i wouldent give him anything back there is nothing he can do.

Have fun with your $4,333.28  

In any event, no users funds are compromised as we understand the risks.

While we ourselves do not state to offer guarantees for such things. We are fully cognizant such things can occur however no amount of testing can predict every occurrence. We keep an offline wallet exactly for cases like this and although we don't publicly state it, there are certain things we guarantee. This is one of them at least in this specific instance.

Hello Ben Davis!