Topic: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses - page 8. (Read 87577 times)

add mintpal scam to the list i've lost 10+ btc and are stuck on mintpal =-/

Sure. Keep denying or minimizing the theft/scam problem, that is a wonderful way to build public confidence.

At least 10% of all the bitcoins in existence must be in possession of thieves and scammers (the MtGOX "theft" alone took 5%).  Only a couple of thieves have been caught and prosecuted.  Few if any of the bitcoins that were stolen, embezzled, or obtained by fraudulent means have been returned to their legitimate owners.  There is no evidence that such crimes are diminishing.

Perhaps we need a thread on dollar heists, thefts, scams and losses.

http://www.msn.com/en-us/news/us/law-lets-irs-seize-accounts-on-suspicion-no-crime-required/ar-BBbbfW3?ocid=mailsignout

And why is that? For me, it just makes bitcoin more usable for everyone.

Adding Mintpal to the list
Amount of Bitcoins is 3700 according to article
https://blockchain.info/address/17ztgkcaZbs4VFrAswMQGvnNDEtn47rsmu

http://www.theguardian.com/technology/2014/oct/23/british-serial-entrepreneur-missing-bitcoin-apparently-stolen

British serial entrepreneur missing as $1.4m bitcoin is apparently stolen
Moolah has gone bust amid questions of its ownership and business practices

Lol.  Judging by Bitcoin's premiere securities exchange, Havelock Investments, all Bitcoin businesses either lose money honestly or run away.  From all the "securities" listed, not a single one proved to be profitable.
Not a one.
Including Havelock itself.
https://www.havelockinvestments.com/fund.php?symbol=HIF

  ~Happy Investing!

Though the list is interesting and informative, it can actually puts bitcoin in a negative spotlight. It will give an impression that holding on to btc is not safe but actually is not true which are all based on our own due diligence.

I read about some of this incidents. I wonder where are these people (who did it) right now.

Any time that someone offers to pay interest on your crypto balance, it will almost certainly be some kind of scam. For the most part, exchanges have no way of making money off of you simply holding your bitcoin/crypto currency on their exchange so they have no reason to pay you to do so (other then the fact they want to give people incentives to hold money on their exchange for when they eventually run away with customer money)

This fucking cracks me up:

https://vircurex.com/welcome/ann_reserved.html

LTC paid back in the month of August:  15.

Total LTC still owed to customers:  124,719

This means Vircurex will pay everyone back by the year 2706  (692 years from now).

Fucking crooks.  Note that there are no numbers for September or October. 

Oh, by the way:  "Earn interest on BTC, LTC and PPC account balances
We now pay interest on BTC, LTC and PPC account balances, they are paid multiple times every day. Check out the help for details. "

They're now paying interest to other people!   That makes total sense!

-B-

Mintpal https://bitcointalksearch.org/topic/moolah-scam-on-mintpal-reporting-missing-coins-824211

I have seen this in the news recently:

http://www.ibtimes.co.uk/chinese-bitcoin-exchange-huobi-loses-5000-btc-1-2m-blunder-1467192

I will take some time over the weekend to do some more research and finally post a (long-delayed) list update.

Follow-up to the CoinEX.PW scam within a scam where persons were selling other coins for BTC when *no*one* on the exchange could withdraw BTC in the last days...

https://bitcointalksearch.org/topic/m.8640426

That's a very big list. Thanks a lot , bookmarking it now.

It will definitely prove very useful in trades.

It is likely that I am the person Timelord2067 is referring to in this comment.  If so, there are some things that are distorted beyond truthfulness in his presentation.


Regardless of who he is referring to, these are the actions that I took.

1.  I pointed an Avalon mining rig to mine BTE on coinex before the theft announcement.
2.  Following the announcement that 50% of the funds were replaced, I continued to point my miner at coinex.
3.  Eventually, the BTE pool, wallet, deposits and withdrawals went dark.
4.  I searched and found that the DEM pool, wallet, and withdrawals were still functional.
5.  I pointed my miner to the DEM pool.  I tested withdrawals.
6.  I announced that I could mine and withdraw, and I posted TXiD documentation to the troll box and the bitcointalk forums.
7.  I reasoned that those people who were panicked would welcome the opportunity to trade their coins for DEM and pay a premium price for them.
8.  I reasoned that the TXiD would allow people to verify that the funds were still available in the hot wallet.
9.  I replenished the DEM wallet many times, both through mining in the coinex pool, and also in DEM deposits to my coinex deposit address.
10.  I announced the TXiD that documented these deposits, at first to individuals who registered on my Google survey, and later in the coinex troll box.
11.  In this process, I acquired a BTC balance on coinex, and I allowed interested individuals to withdraw DEM.  I sold through limit orders, and others in the community were free to offer their own DEM at a more attractive price than mine. 
12. I did not sell directly to any individuals, and I did not take any action that required users to trust me.  Everything was documented at the time of announcement.

All of the above actions are completely above-board actions in the alt-coin community.  I mined, sold on the exchange, and attempted to make some profit at a level of risk that was acceptable to me.  All my actions were honorable.  Many people reported in the troll-box that they had successfully withdrawn DEM following my efforts and announcements.

Timelord began a campaign of FUD while the DEM coinex wallet was still working.  I do not understand his motivation.  I don't understand how he has been harmed, or believes he or anyone else could have been harmed.  I believe that by crying scam that he caused some people to hesitate and lose funds when coinex shut down, when they could have cashed out through DEM.  I believe that my actions were directly helpful to others, and gave me the possibility of high return for high risk.

While I don't think it is proper for him to ask for any explanation on how I hoped to profit, I did give such an explanation many times and it is completely inaccurate for him to say otherwise.  My belief was that the exchange would re-open and my trading would turn out to be very profitable.

I would appreciate if Timelord would clarify that he does not mean me when he speaks of a scam within a scam.

Thanks for the alerts. This list will come useful. Bookmarked it for future use.

This will keep the Nigerians searching for new scams...


Although I don't fancy the size of the card they have to carry around.

I remember like six of these. Sad to see and know people go that low to do this..

thanks for your sharing

Much much much Money hack and Lose People Money