EDIT: Just re-read the first post, and though this wouldn't qualify for inclusion based on the year and severity, it's still good to include it in this thread for safekeeping!
Topic: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses [Old] - page 12. (Read 294947 times)
December 12, 2012, 12:12:17 AM
Here's a self-report of a loss from the massive Reddit thread. It wasn't substantial then, but is now. http://www.reddit.com/r/videos/comments/14nwsx/what_is_bitcoin/c7f7g0v
EDIT: Just re-read the first post, and though this wouldn't qualify for inclusion based on the year and severity, it's still good to include it in this thread for safekeeping!
EDIT: Just re-read the first post, and though this wouldn't qualify for inclusion based on the year and severity, it's still good to include it in this thread for safekeeping!
October 03, 2012, 02:52:44 PM
Possibly JRO and his two great vapour-ware assets Rebate and ZIP.A could be included.
September 27, 2012, 07:23:54 PM
Add GLBSE. Closed down issues because of dislike of issuer. Now BTC and shares are lost to holders.
September 27, 2012, 07:20:32 PM
~Andrew Nolan Scam
Time: February 2012
Victim: Investors of Shades Minoco, creditors of bitcointalk.org user "shakaru", investors of BitArb
Status: Andrew Nolan (thief) known but disappeared, repaid some (not included in amount)
Amount: Lower bound 2211.07786728 BTC, possibly more
Equivalent USD: 10978 $ (wt. avg price, rounded to nearest $)
It is a small detail but I think it is important because Google indexes it: his last name is actually Nollan.
One of his email that I know of (he uses/used it for Paypal) is [email protected]
September 27, 2012, 12:02:53 PM
~Andrew Nolan Scam
Time: February 2012
Victim: Investors of Shades Minoco, creditors of bitcointalk.org user "shakaru", investors of BitArb
Status: Andrew Nolan (thief) known but disappeared, repaid some (not included in amount)
Amount: Lower bound 2211.07786728 BTC, possibly more
Equivalent USD: 10978 $ (wt. avg price, rounded to nearest $)
It is a small detail but I think it is important because Google indexes it: his last name is actually Nollan.
One of his emails that I know of (he uses/used it for Paypal) is [email protected]
September 20, 2012, 06:05:16 PM
I have a plan for improving this list in the near future. First, I have to sort out the BS&T mess and the Kronos.io hack (which, by the way, I still do not have a date for). After that, I should begin some systematic reanalysis of each theft to revise the estimates into better ones if possible. To aid this, I am planning on an accuracy scale for the estimates:
Thoughts?
| Scale Category | Definition |
| Level 0 | Exact amount given by official source, third involved party, or blockchain analysis; almost universally accepted. Appropriate references must be included:
|
| Level 1 | An approximate amount obtained from official source, third party, or blockchain analysis. Amount should not be, within a reasonable doubt, off by over 5%. The following references must be given:
|
| Level 2 | Both a lower bound and an upper bound obtained from official source, third party, blockchain analysis, or my personal analysis. The upper and lower bounds should be, within a reasonable doubt, absolute. The upper bound should not be more than three times the lower bound. The following references should be given for each bound, unless it is determined through personal analysis, in which the appropriate references backing the personal analysis must be given:
|
| Level 3 | Only an estimate is obtained from the official source, third party, blockchain analysis, the media, or my personal analysis. Up to one absolute bound is known, but not two. The upper bound should not be more than three times the estimate, or the estimate should not be more than three times the lower bound, if a bound is known. The following references should be given for the estimate, unless it is determined through personal analysis, in which the appropriate references backing the personal analysis must be given:
|
| Level 4 | No reliable estimate is known, so one is calculated through a third party or personal analysis. Up to two bounds are known, but they may be far apart. No references are required, however, methodology should be present if no references are included. |
Thoughts?
September 20, 2012, 02:08:03 PM
This is not to claim that tainting is not an issue, but it is true that it is no longer feasible to assign special status to robbers.
After some time has passed, you are right. But let's be ready for the next theft and act quickly. See my post here: https://bitcointalksearch.org/topic/proposal-to-help-stop-thieves-110749
September 20, 2012, 02:05:50 PM
Excellent list. Thank you!
I have a proposal on how to try to stop bitcoin thieves after the fact. https://bitcointalksearch.org/topic/proposal-to-help-stop-thieves-110749 Please discuss / give input there.
I know the proposal is not new in principle. If we want to implement it or something like it, we need to get the community talking about it and asking for it.
Thanks.
I have a proposal on how to try to stop bitcoin thieves after the fact. https://bitcointalksearch.org/topic/proposal-to-help-stop-thieves-110749 Please discuss / give input there.
I know the proposal is not new in principle. If we want to implement it or something like it, we need to get the community talking about it and asking for it.
Thanks.
September 11, 2012, 04:47:35 PM
You might want to add the Long-Term Offers forum to your list at some point by the way. Yes, all of it - pretty much every scheme in there has now failed, defaulted or otherwise imploded.
September 11, 2012, 08:01:39 AM
Please at the 80,000BTC Matthew N Wright scam.
Thanks.
Similar to the method in which I am treating Pirate, thefts of vapour-Bitcoins cannot be included. Thanks.
September 10, 2012, 05:09:54 PM
May want to add a total to all thefts in your OP.
This may be an interesting indicator as to what amount of bitcoins are in the hands of the rest of the community.
Theft bitcoins are, for the most part, in the hands of the rest of the community. The coins from the largest thefts have been redistributed. Look in your wallet, and you will find MyBitcoin coins, allinvain coins, Linode coins, and probably BS&T coins as well by now. While it's true that Mt. Gox has frozen some funds, the amount is insignificant.This may be an interesting indicator as to what amount of bitcoins are in the hands of the rest of the community.
This is not to claim that tainting is not an issue, but it is true that it is no longer feasible to assign special status to robbers.
September 10, 2012, 05:05:41 PM
May want to add a total to all thefts in your OP.
This may be an interesting indicator as to what amount of bitcoins are in the hands of the rest of the community.
This may be an interesting indicator as to what amount of bitcoins are in the hands of the rest of the community.
September 10, 2012, 05:04:05 PM
wait, so what % of the total bitcoin has actually been stolen? :-)
This is nearly impossible to know because most BTC has been stolen not once, but many, many times.Understood, but some (wide) estimate would still be useful. We can probably assume that a good deal of stolen coins were cleaned and then hoarded or converted to fiat, and thus not subject to resteal.
I think it's important to have some sense of the total # of coins likely still in the hands of scammers and thieves. The idea of bitcoin becoming increasingly value when such people own a significant percentage of all coin is quite distasteful. I think I could live with 5% of all bitcoins in such individuals' hands. Over 10% and I start to consider that a huge negative in the economy.
(edit: just shipped you a tiny donation....appreciate the comprehensive list)
Thanks for the donation!
September 10, 2012, 04:54:01 PM
wait, so what % of the total bitcoin has actually been stolen? :-)
This is nearly impossible to know because most BTC has been stolen not once, but many, many times.Understood, but some (wide) estimate would still be useful. We can probably assume that a good deal of stolen coins were cleaned and then hoarded or converted to fiat, and thus not subject to resteal.
I think it's important to have some sense of the total # of coins likely still in the hands of scammers and thieves. The idea of bitcoin becoming increasingly value when such people own a significant percentage of all coin is quite distasteful. I think I could live with 5% of all bitcoins in such individuals' hands. Over 10% and I start to consider that a huge negative in the economy.
(edit: just shipped you a tiny donation....appreciate the comprehensive list)
September 06, 2012, 08:01:21 AM
wait, so what % of the total bitcoin has actually been stolen? :-)
This is nearly impossible to know because most BTC has been stolen not once, but many, many times. September 05, 2012, 10:32:46 PM
wait, so what % of the total bitcoin has actually been stolen? :-)
September 05, 2012, 07:44:20 PM
200000 BTC is an even lower estimate than 350000 BTC I gave, but I figure also more accurate. If worse goes to worst, then that is the figure I may preliminarily use.
Well, that estimate's going to be quite a bit lower than the actual total loss because it's based on the assumption that pirateat40 was paying out interest using other investors' deposits. So on top of that 200000 BTC loss, investors will also have lost some of their initial principle in the form of profits gained by other investors. September 05, 2012, 04:38:38 PM
thanks for keeping this list up to date. very good to have this info compiled here.
do you have a donation addr?
I will accept donations at 1MLSW1nmYkHqaHWNNkHSAHct6exd8fYYLX. Thanks! do you have a donation addr?
September 05, 2012, 03:59:23 PM
thanks for keeping this list up to date. very good to have this info compiled here.
do you have a donation addr?
do you have a donation addr?
September 05, 2012, 03:52:34 PM
New theft: Bitfloor. Ranks #5 (preliminary, not including Pirate).
A quarter million dollars worth of funds gone and it only ranks fifth?
Incidentally, the list ordered by USD is missing a few ..., this BitFloor event and also the Linode (Bitcoina, Slush and Faucet), Bitcionica (May) and Bitcoinica (June) events.
- https://bitcointalksearch.org/topic/list-of-major-bitcoin-heists-thefts-hacks-scams-and-losses-old-83794
On a related note, this thread has just gotten slashdotted or something, because it jumped from ~5000 views to ~8000.
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