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Topic: Livecoin.net Scam (Read 13668 times)

newbie
Activity: 12
Merit: 7
full member
Activity: 670
Merit: 120
TIME TO BAN THE YOBIT SCAM!!
February 11, 2021, 10:57:31 AM
You can also try to contact the Emercoin scammers on their thread which is now also abandoned - Livecoin was run by the same Russian scam crew, the same f*ckers behind the polybius scam, hashcoins scam, etc, etc.
member
Activity: 365
Merit: 14
February 03, 2021, 03:11:05 AM
If anyone is going to police, try to suggest asking payment processors (for example, talked to advcash yesterday) the livecoin data. But there are many chances they used fake identities to kyc to them.

Looks like this scam was organized since the beginning, or at least they wanted to have a fail safe exit.

The only thing I still don't understand is what they want to do with our kyc and why they asked so many things if they only wanted our identities to do something bad.
If you are thinking "to be more credible" well, they could have been enough credible asking, for example, for the last deposit not the first one, obtaining more replies and more identities to play with.
newbie
Activity: 43
Merit: 0
February 02, 2021, 02:59:28 AM
Scam exchanges seem to be the order of the day.

 Lukutex exchange also scammed me of my tokens, as they sold off the user's tokens and then disabled withdrawal. Now they said users never made any deposit because they also changed the deposit address to an entirely new one, which means that the deposit history will not reflect.
newbie
Activity: 6
Merit: 0
February 01, 2021, 06:32:19 AM
Hi,

has anyone received a freeback from livecoin?
there is a new domain: livecoin.news and an email address.
I only received an answer once, I have to say the exact date of registration ... it was too long ago and I didn't have the email of my registration anymore (if there was one at all)
.... now my emails seem to be ignored ....

it's really shameful for this platform
newbie
Activity: 8
Merit: 1
January 16, 2021, 10:08:24 AM
Sign the petition! livecoin​.​net : Recover funds invested in the exchange livecoin​.​net | Boзвpaт cpeдcтв c livecoin​.​net - http://chng.it/MCzD5gpj
hero member
Activity: 1593
Merit: 502
January 15, 2021, 08:08:53 AM
Good morning all;
I am amazed to come across this topyc only now
I am a victim of Livecoin following its so-called hack on 12/24/2020!
I lost a lot, a lot ... about 1 Btc and my life is shattered ...
I know I won't get my money back, but these criminals are my new target and my only reason to continue.
I created a site to try to put a cactus in their pants.
Thanks for participating and helping each other and following up as much as you can.
http://livecoin-scam.e-monsite.com
Thierry
1 BTC is too much, a large amount of money stored on an exchange is very dangerous. Not a lot of positive signals from their social media but hopefully you still have a chance to get your money back.
sr. member
Activity: 1316
Merit: 420
KTO EC/\U HUKTO?
January 05, 2021, 07:52:44 AM
Seem like the hacker was also asking for some money based on his message.

Not really, it looks like a childish attempt to fake a hack after an exit scam.

If the hackers got the money - why would they extort Livecoin? If Livecoin controls the funds - why would they pay the hacker?

You're right. Exit was scheduled from summer of 2019.
https://www.ibcbelize.com/tls-investments-inc-91/

Livecoin has no legal entity since July 4, 2019.
https://www.ibcbelize.com/oridium-limited-2-2-2-2-2-2/
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
January 04, 2021, 01:08:15 AM
so I saw that they've made a tweet in their twitter channel where they posted another website: http://livecoin.news to follow up their news and updates about the hack.

Tweet link: https://twitter.com/livecoin_net/status/1345628618786021377

first they claimed they were hacked from all the sides from months ago and they were not even able to inform the community that they are hacked and the exchange is out of their control. and now i see they do have control to their official twitter account. which is another proof that they were lying and faked this hack by themselves.

if they wanted there are a lot of ways to inform the users to stop using livecoin when they were hacked at beginning.


I have small coin locked in this exchange so Who can I contact now?
No one dude.. you are screwed along with thousands others.


Edit: They are running a bounty program. if you can tell them who is the hacker and where are the stolen funds you can earn that bounty. LOL

Quote from: Livecoin.News Link=http://livecoin.news
We decided to run the bounty program along with the investigation. We pay for information regarding the attack. If you have any useful information, which can help to return transferred funds and find breach or attacker, please feel free to contact us via e-mail: [email protected]

Bounty size will be determined in each case individually and only for useful information which is new for us.
Join at your own risk
MI6
hero member
Activity: 1260
Merit: 504
Betking.io - Best Bitcoin Casino
January 03, 2021, 05:28:26 PM
I have small coin locked in this exchange so Who can I contact now?


If you have little money in this exchange then you have been lucky. There will also be people who may have a capital in there.
Then it will be sweating with the question whether you will still see your money back. Unfortunate there are to many scam sites.
hero member
Activity: 2254
Merit: 680
Signature designer - start @$10 - PM me!
January 02, 2021, 10:11:06 PM
Not really, it looks like a childish attempt to fake a hack after an exit scam.

If the hackers got the money - why would they extort Livecoin? If Livecoin controls the funds - why would they pay the hacker?

It looks like Livecoins were wrong to have started this drama with a website hack and they just noticed. As you said, customer funds should be kept safe in their wallet and obliged to return and resolve some previous problems.
It's been over a week since the hack's announcement and it still has "2 days left" status. Only this time the hacker has been kind enough to give more time to compensate the ransom.

Unless Livecoins run out of ideas to start the next drama.LOL
full member
Activity: 273
Merit: 101
December 31, 2020, 07:06:02 PM
I have small coin locked in this exchange so Who can I contact now?
hero member
Activity: 1438
Merit: 574
Always ask questions. #StandWithHongKong
December 31, 2020, 08:17:07 AM
This is a 100% exit scam thinly & crappily veiled as a hack. It was only a matter of time before this Russian exchange went full-on scam - I've been warning about it for a couple of years now.

As always, decentralised exchanges are the way & the future. The sooner the crypto community realises this the safer they will all be.
legendary
Activity: 2328
Merit: 1292
Encrypted Money, Baby!
December 29, 2020, 06:14:00 PM
Is their website not separate from all the coins they hold?  If so, they should be contacting all of their customers and offering to give them back their funds, assuming Livecoin still has access to them (which they should).  
It could make sense that an attacker would place a backdoor to ensure he can reenter the server. What doesn't make sense, though, is how Livecoin acts. If your computer / server is compromized, you completely reset it to make sure it's not compromized, anymore.
Assuming they have separate control over their software, it shouldn't be too much of an issue to setup their exchange on a clean server, and assuming they have all their data in a database (hence the name lol), they could even move on with their business using a recent, working state of their exchange.

Sure, a shitcoin exchange isn't a hosted Wordpress. But even if it's more complicated, it's absolutely crucial to take these steps. And they'd be fine.

So, as nothing they say seems to make much sense, I tend to also side with this:
Not really, it looks like a childish attempt to fake a hack after an exit scam.

If the hackers got the money - why would they extort Livecoin? If Livecoin controls the funds - why would they pay the hacker?

If it was a real message from a "Hacker" they would have never had to use the term "livecoin" as it is implicit in the location of the post who was being refereed to. By using that term the scammers have outed themselves.
Not sure if that would hold in a court Grin
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
December 29, 2020, 02:49:08 PM
If it was a real message from a "Hacker" they would have never had to use the term "livecoin" as it is implicit in the location of the post who was being refereed to. By using that term the scammers have outed themselves.
legendary
Activity: 2688
Merit: 1262
December 29, 2020, 02:41:15 PM
Not really, it looks like a childish attempt to fake a hack after an exit scam.

If the hackers got the money - why would they extort Livecoin? If Livecoin controls the funds - why would they pay the hacker?
If the hacked was inside jobs to be exit scam.

I not gonna surprise at all with some Russian exchange we all know there has some other Russian exchange "YOBIT" who scam as well. Even all of livecoin social media not longer active anymore since Februari 2020, make them the same as yobit who lack activity, not responding ticket support but kinda fast when some token/coin contact them to listing exchange process.
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
December 29, 2020, 01:25:47 PM
Not really, it looks like a childish attempt to fake a hack after an exit scam.
That was my immediate impression upon seeing that screenshot above--very childish, and insulting to all the Livecoin customers who are no doubt wondering if they're going to be able to recover any of their funds.

If the hackers got the money - why would they extort Livecoin? If Livecoin controls the funds - why would they pay the hacker?
Logic uber alles, my dear suchmoon.  It made no sense to me for the reason I stated above, but you put into words an even better reason why this is a steaming load of bullshit on Livecoin's part.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
December 29, 2020, 11:33:27 AM
Seem like the hacker was also asking for some money based on his message.

Not really, it looks like a childish attempt to fake a hack after an exit scam.

If the hackers got the money - why would they extort Livecoin? If Livecoin controls the funds - why would they pay the hacker?
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
December 29, 2020, 10:57:27 AM
I tend that it is scam, I personally have no trust in this exchange, for which there have been strange incidents with this exchange before. Everything looks very suspicious, but that's my opinion.
Hell yes it looks suspicious.  I don't believe that image above with the extortion message one bit--this looks to me like Livecoin is trying to give the appearance of being under attack and under the thumbs of some hackers who are holding their website for ransom.  I'm not sure such a thing could happen, but it sounds ridiculous to me.  What it sounds like is an exit scam in the making, which is something that has definitely happened with other exchanges in the past.

Is their website not separate from all the coins they hold?  If so, they should be contacting all of their customers and offering to give them back their funds, assuming Livecoin still has access to them (which they should). 
sr. member
Activity: 1414
Merit: 271
bitonator.tangled.com/join
December 29, 2020, 10:51:45 AM
I tend that it is scam, I personally have no trust in this exchange, for which there have been strange incidents with this exchange before. Everything looks very suspicious, but that's my opinion.
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