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Topic: MyBitcoin has started spending our stolen coins (Read 10356 times)

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
December 27, 2017, 11:17:44 PM
#91
Its not like that , it work here in bitcoin with strenuous and persevering mind at no point.and I try to get my coins out of nothing that all I have worked for you that there is nothing to do with that no one else but the scammers who did nothing but steal them not .and I started spending the coins I'm sure that I'm good work and my good bitcoin points are in my good coins when I spend time with bitcoin.

I’ve witnessed auto posting bots that can create a more intelligible paragraph. ROFL
member
Activity: 179
Merit: 10
Its not like that , it work here in bitcoin with strenuous and persevering mind at no point.and I try to get my coins out of nothing that all I have worked for you that there is nothing to do with that no one else but the scammers who did nothing but steal them not .and I started spending the coins I'm sure that I'm good work and my good bitcoin points are in my good coins when I spend time with bitcoin.
hero member
Activity: 727
Merit: 500
Minimum Effort/Maximum effect
Agreed

This is why I love Bitcoin, where else can someone track down and prove a scam was a scam... and then again, which versions of bitcoin accept multi-signature default spending  so If you give it to someone they can't do anything with it until the second signature signs the transaction?
legendary
Activity: 1148
Merit: 1018
OK - reading this was quite interesting.

And to be honest it gives me a new appreciation of FinCEN.

It looks like this Bruce Wagner guy was involved and has been involved in several other financial scams before, including legal judgements against him. It thus seems unlikely that if he operated an exchange instead of an web wallet, he would have been able to get FinCEN approved.

So even though I don't like a lot of the bitcoin regulation crap, what I'm taking away from this is that if you are going to use a web wallet, make sure it is at an exchange that has the FinCEN paperwork in as well as any state MSB paperwork in. That reduces your risk of being scammed like this.

This is why I did such an awful thing as it is necroing the thread. This deserves it I think, it's a good read for the noobs.
full member
Activity: 168
Merit: 100
OK - reading this was quite interesting.

And to be honest it gives me a new appreciation of FinCEN.

It looks like this Bruce Wagner guy was involved and has been involved in several other financial scams before, including legal judgements against him. It thus seems unlikely that if he operated an exchange instead of an web wallet, he would have been able to get FinCEN approved.

So even though I don't like a lot of the bitcoin regulation crap, what I'm taking away from this is that if you are going to use a web wallet, make sure it is at an exchange that has the FinCEN paperwork in as well as any state MSB paperwork in. That reduces your risk of being scammed like this.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
I've always been a bit confused about how exactly MyBitcoin did its marketing...

Bruce Wagner was head marketer http://buttcoin.org/has-bruce-wagner-pulled-off-the-financial-biggest-scam-on-the-bitcoin-community

I thought if I responded to your post maybe you would come back to the forum and tell us about your arrest and conviction.
sr. member
Activity: 260
Merit: 250
Hmm. Great, I had about 100 bitcoins on MyBitcoin.

If I ever meet this Bruce Wagner guy..
sr. member
Activity: 399
Merit: 250
You don't NEED to give MTgox your details if you pull out BTC...

So all they have to do is 'trade' pull out.... put back in..'trade'.... pull out.. put back in.. 'trade', all to different accounts.
Then Finally  start re-trading back to USD.

Mtgox will act a a complex mixing service purely because of the number of clients it has..., and that is before they even begin to use other external mixing services....
legendary
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
The odd thing is the coins are not being sent in the way a normal Bitcoin client would send them, the address balances are being nibbled at and combined with other small payments from other address to new addresses, like here: http://blockexplorer.com/address/12ViYXgordxUkmPhN5PAU9vJRHwc8jftfQ. The coins are sitting in that new address. Now the question is, is that a MtGox address or still the BitThiefs? If MtGox is willing to lock accounts because coins were long before used to scam MMORPG money, they should at least be willing to find, flag, lock, and IP log coins sent directly from mybitcoin users' addresses to the exchange, disclose that those are MtGox addresses if requested, and respond to subpoenas to the identity of the thief (for private action or to be handed over to the prosecution arm of juristictional law enforcement).

Along with the magical re-appearance of "Tom Williams" at the same time, we know it's the site owner, and I have a feeling they are being transferred to the exchange for quick sell, huge sells happening right after these transfers.

It seems those BTC were sent to Gox in April this year, nice exchange rate at that time. Yep, this is an epic necro, but I thought it could be fun to track some more of the mybitcoin stolen funds.

So the thief waits a mere year, then dumps the coins into a Mt. Gox account that will almost certainly be linked to his real-life identity? Hmph. Either someone was just framed; or the thief has an unusual level of trust in Mt. Gox keeping his identity secret; or he gambled that no one would notice, and lost.

sr. member
Activity: 440
Merit: 251
Now that a Bitcoin prediction market is popping up, perhaps some will place bets on whether or not the proprietors of MyBitcoin.com are able to survive the year.

People can even bet on the exact day.
legendary
Activity: 1148
Merit: 1018
The odd thing is the coins are not being sent in the way a normal Bitcoin client would send them, the address balances are being nibbled at and combined with other small payments from other address to new addresses, like here: http://blockexplorer.com/address/12ViYXgordxUkmPhN5PAU9vJRHwc8jftfQ. The coins are sitting in that new address. Now the question is, is that a MtGox address or still the BitThiefs? If MtGox is willing to lock accounts because coins were long before used to scam MMORPG money, they should at least be willing to find, flag, lock, and IP log coins sent directly from mybitcoin users' addresses to the exchange, disclose that those are MtGox addresses if requested, and respond to subpoenas to the identity of the thief (for private action or to be handed over to the prosecution arm of juristictional law enforcement).

Along with the magical re-appearance of "Tom Williams" at the same time, we know it's the site owner, and I have a feeling they are being transferred to the exchange for quick sell, huge sells happening right after these transfers.

It seems those BTC were sent to Gox in April this year, nice exchange rate at that time. Yep, this is an epic necro, but I thought it could be fun to track some more of the mybitcoin stolen funds.
hero member
Activity: 630
Merit: 500
Posts: 69
I've always been a bit confused about how exactly MyBitcoin did its marketing...

Bruce Wagner was head marketer http://buttcoin.org/has-bruce-wagner-pulled-off-the-financial-biggest-scam-on-the-bitcoin-community
hero member
Activity: 504
Merit: 502
In case it's of use to anyone; I looked at a few (incomplete) notes I had and found some information:

From a mybitcoin withdrawal to an address I controlled, the following must be under the control of mybitcoin:

  • 1gvbrPhzqq2LAx1VqGwU9ieeMY9ATH1jK
  • 1K47fYMcWnPQSEezEiQfhHQhxZzvJUniyE
  • 17gXCG8q8Vs5cCxR4nHaj7Fg47TmuWGzLz
  • 16kLncD6PHbJaFURf5cbvK2ySxudXCryfV
  • 1MgrcvVZXno3h2NLfqPTXRyeHHfU5otA4R
  • 1FJg5v7xxw9P8XCH7TJGGhysuRVbycXtxB
  • 1JzTpamrSGM5kiyDUqmBpUSaB51Amhr9UA
  • 19NuD3VsicyCUCQ7VTZxhCxnFTFz21ffuc
  • 16Chb9iUhH2mtqrrGAVu8XohLPTLGqmosA
  • 1C384ycmwGRPNf1muyiaZbmNfGnA1Bn4pP

From a deposits I made to mybitcoin, these addresses must have been under mybitcoin's control:
  • 1ANqs2jiTrR9SokCBmxqkaeCCvrPddHeXR
  • 1Jcjh6t5qiiykbveCtcxSvZZ9XKrAmAWeu
  • 1MYKeZkH8NJNx5d3xvcS6U1FEqaNfg14hX

Annoyingly, I had a few more withdrawals, but I didn't keep notes.

Hope the above is of some use though.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
Would bitlaundry be effective at anonymizing these BTC ?

http://app.bitlaundry.com/about

The owner should be contacted not to accept these BTC.

I don't think bitlaundry was ever very widely used. Silk Road would probably be the most effective laundering method, and I doubt you'd be able to get them to reject the coins.
donator
Activity: 1731
Merit: 1008
Would bitlaundry be effective at anonymizing these BTC ?

http://app.bitlaundry.com/about

The owner should be contacted not to accept these BTC.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Has anyone gotten Bitten to work?
You're smart - you figure it out!
But I'm not smart, and I haven't figured it out. Cry
legendary
Activity: 1512
Merit: 1036
Has anyone gotten Bitten to work?
You're smart - you figure it out!

There sure are funny comments on the commits: "something works", "miscellanous processed meat", "bunch o work".

Looks like the kind of comments I use, I just looked through some of my pre-public code for my comment goofs: "'term for crapping on cache server" (add query to url to bypass stale cache), "I could take a URL from the command line, but fuck you" (framework for future command-line options), "fill array with crap for debug" (preloading array on instantiation)...
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Has anyone gotten Bitten to work, or does it do what it does well?
Quote from: DirtyFilthy Bitten Github page
Bitten is a graphical blockchain explorer and wallet merger. You're smart, you'll figure it out.
legendary
Activity: 1512
Merit: 1036
They weren't sent to MtGox. If they were, they would have moved already. I have no idea about that weird consolidation, though. Luckily, it was done so poorly that we can now trace a very large amount of funds. With a script, you could trace each input, as well as the change, to find all spends out of what is known to be mybitcoin from the input and change information. It'd be cool to get a final number, too.

Not necessarily. Coins seem to be swept out of MtGox deposit addresses after 1-4 days, although it was faster months ago.
donator
Activity: 798
Merit: 500
Maybe it would be possible to identify more addresses based on activity.  OP's addresses show no activity from Jul/Aug 11 to Jan 12 and mine was the same.  How many other addresses would coincidentally have the same activity? Aug 8 for the latest inactivity, and Jan 7 for the earliest new activity.
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