Topic: Make No Mistake: MyBitcoin is NOT Back Up! - page 3. (Read 7973 times)
Aren't they associated with a bunch of sleezy porn sites?
If the MyBitcoin posse has no ill intentions.... The ENTIRE COMMUNITY should DEMAND that they ( all of them ) appear live on my show via skype!
Tom williams is reading this.
It's like Osama listening to the our military commanders discussing how we're going to capture him.
It's like Osama listening to the our military commanders discussing how we're going to capture him.
Most information about their (not "his".... "their") identity has not yet been made public. Obviously, international law enforcement are on the case big time.
I would believe it alot more if they has simply redirected DNS to that exact page right when they shut down. I would even possibly trust them if they asked for recommendations from the public on how to proceed.
An incident like this would have been a solid opportunity for an audit and collaborative security updates to make MBC a open and trusted ewallet provider.
An incident like this would have been a solid opportunity for an audit and collaborative security updates to make MBC a open and trusted ewallet provider.
That really does not make sense though. Any communications is a chance to create a leak. Once someone decided to split and hide they would remain dark.
Not if the community already knows EXACTLY who you are...You need time to make travel arrangements... and move loads of money...
We must NOT give him that time. The police nabbing him/them fast is the best chance of recovering all that stolen money.
By the way, does the community really know EXACTLY who they are? I mean, really... Considering the likely (or remotely likely?) scenario that they have really lost some of the coins, and want to work on saving their reputation, let's not destroy it beforehand. I still have respect for the MyBitcoin name, and will use their services if they recover. Also, otherwise, why would he even want to fix the problem?
For the most part, this is how I feel. Where we differ, however, is in the fact that I will not be using mybitcoin.com anymore - not for security reasons or fear of fraud, but due to the total disregard for customer concerns mybitcoin.com has displayed. If those running the site never visited these forums, then that was another mistake they made. To say their customer service is poorly handled would be an extreme understatement. Having any interest in their customers would necessarily require some interest in the discussions going on here. The statement released just a few hours ago doesn't even include an apology of any sort!
Criminal, incompetent, or victim - mybitcoin.com's days were numbered simply from a customer relations standpoint.
It does not take time to make travel arrangements really, if you already have a passport, and with bitcoin the need to move money ahead of time is also negated.
Also, if the accusation is running away with the coins, they would have already ran away even before the site went offline.
I hope the people who are involved continues with the investigation, and I wish them luck. But maybe we need to be more phlegmatic at this point.
The site IS back up the service isn't. 
That really does not make sense though. Any communications is a chance to create a leak. Once someone decided to split and hide they would remain dark.
Not if the community already knows EXACTLY who you are...
You need time to make travel arrangements... and move loads of money...
We must NOT give him that time. The police nabbing him/them fast is the best chance of recovering all that stolen money.
Nothing I have seen posted indicates that who they are is known even close to EXACTLY. That also does not negate what I said even if they did. It does not take time to make travel arrangements really, if you already have a passport, and with bitcoin the need to move money ahead of time is also negated.
In any case, the core idea that you want to push forward I think is very valid. This does not create any reason for people to pause in their reports and doing whatever actions they planned to towards investigating and reporting things.
I glanced at mybitcoin.com when I was first researching bitcoins and could only see two use cases for it. The merchant services and a place to keep a small remote balance for on the road spending. It did not look sustainable or scalable since it had no revenue model. So you had no contract with them or consideration, and they did not even try to use ads to be even using the eyeball model of the early .coms, so I was surprised to learn so much was held by them. I hope most do somehow get back control of at least a decent percentage of their bitcoins. I also hope that bit-pay is able to grow and become a dependable merchant service quickly, as that is a void that bitcoins needs filled for long term growth.
That really does not make sense though. Any communications is a chance to create a leak. Once someone decided to split and hide they would remain dark.
Not if the community already knows EXACTLY who you are...You need time to make travel arrangements... and move loads of money...
We must NOT give him that time. The police nabbing him/them fast is the best chance of recovering all that stolen money.
By the way, does the community really know EXACTLY who they are? I mean, really... Considering the likely (or remotely likely?) scenario that they have really lost some of the coins, and want to work on saving their reputation, let's not destroy it beforehand. I still have respect for the MyBitcoin name, and will use their services if they recover. Also, otherwise, why would he even want to fix the problem?
Hey Bruce, I really hope you are wrong. It would be nice if this was all just a big misunderstanding and it ended with most depositors getting most of their coins back.
He doesn't appear to use these forums at all, so it is quite possible that he never thought to come post here. And yanking a server for a full forensic analysis isn't exactly unheard of in cases like this, however bad it looks from the outside.
But yeah, having local law enforcement tell him not to leave town before this is all sorted out is the best insurance.
He doesn't appear to use these forums at all, so it is quite possible that he never thought to come post here. And yanking a server for a full forensic analysis isn't exactly unheard of in cases like this, however bad it looks from the outside.
But yeah, having local law enforcement tell him not to leave town before this is all sorted out is the best insurance.
Yes, we're running investigations in #bitcoin-police on freenode.
http://bitcoin.crimeunit.net/wiki/index.php/MyBitcoin < not alot here, alot more in channel
Also, some info here: http://tinyurl.com/mybitcoin
Cheers, updated.
Yes, we're running investigations in #bitcoin-police on freenode.
http://bitcoin.crimeunit.net/wiki/index.php/MyBitcoin < not alot here, alot more in channel
Also, some info here: http://tinyurl.com/mybitcoin
People seem pretty sure that they have already clearly identified the entire little "posse" of amateur crime guys involved. At this point, their only hope is if they start ratting each other out. If they haven't already. 
Do you have a link to the progress on identifying these people? I haven't seen anything beyond all the fake dns info. I'd be very curious to see where the collective investigation work stands.
Yes, we're running investigations in #bitcoin-police on freenode.
http://bitcoin.crimeunit.net/wiki/index.php/MyBitcoin < not alot here, alot more in channel
People seem pretty sure that they have already clearly identified the entire little "posse" of amateur crime guys involved. At this point, their only hope is if they start ratting each other out. If they haven't already.
Do you have a link to the progress on identifying these people? I haven't seen anything beyond all the fake dns info. I'd be very curious to see where the collective investigation work stands.
This whole thing still looks to me like a kid in over his head trying to pretend he runs a fortune 500 company out his basement.
The whole "from the desk of..." thing really cracks me up.
The BS description of his security posture and the liberal use of the word "we" is somehow supposed to make you think you are talking to some professional team when its obvious to everyone this is not the case.
The whole "from the desk of..." thing really cracks me up.
The BS description of his security posture and the liberal use of the word "we" is somehow supposed to make you think you are talking to some professional team when its obvious to everyone this is not the case.
The only part that is likely true is.... the "we".
People seem pretty sure that they have already clearly identified the entire little "posse" of amateur crime guys involved. At this point, their only hope is if they start ratting each other out. If they haven't already.
I actually see the potential for a reasonably good resolution to this. I agree that "Tom" is probably young-ish and not very experienced. At some point, he/she had to have figured "if I take all the BTC in Mybitcoin I'm set for life, and Bitcoin is, after all, anonymous".
Now he/she is starting to realise Bitcoin is pseudonymous, and the internet is not anonymous at all, and that people who hold bitcoins, by definition, tend to be computer and internet savvy. So what does one do? Concoct a story about getting hacked, which will explain the loss of whatever BTC one has spent in the last week or so, try to make amends, then quickly get out of the game.
Depending on where "Tom" lives, this may or may not be too little, too late. But if he/she is already feeling the pressure, it would stand to reason that most people would get most of their BTC back.
Now he/she is starting to realise Bitcoin is pseudonymous, and the internet is not anonymous at all, and that people who hold bitcoins, by definition, tend to be computer and internet savvy. So what does one do? Concoct a story about getting hacked, which will explain the loss of whatever BTC one has spent in the last week or so, try to make amends, then quickly get out of the game.
Depending on where "Tom" lives, this may or may not be too little, too late. But if he/she is already feeling the pressure, it would stand to reason that most people would get most of their BTC back.
This whole thing still looks to me like a kid in over his head trying to pretend he runs a fortune 500 company out his basement.
The whole "from the desk of..." thing really cracks me up.
The BS description of his security posture and the liberal use of the word "we" is somehow supposed to make you think you are talking to some professional team when its obvious to everyone this is not the case.
The whole "from the desk of..." thing really cracks me up.
The BS description of his security posture and the liberal use of the word "we" is somehow supposed to make you think you are talking to some professional team when its obvious to everyone this is not the case.
For lots of sources, see Freenode channel #bitcoin-police
Also....
Regarding "Tom hasn't done anything illegal" comment. Yes he has. He was entrusted with a fiduciary responsibility with other people's assets and he has not allowed those people access to their assets. He has stolen them.
Also....
Regarding "Tom hasn't done anything illegal" comment. Yes he has. He was entrusted with a fiduciary responsibility with other people's assets and he has not allowed those people access to their assets. He has stolen them.
The good news is: He is a bitcoin multi-millionaire himself. ( Remember, he's been in this since before July 2009. )
Any source for both of these claims? Jump to: