MyBitcoin has started spending our stolen coins

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: Lorna t on December 27, 2017, 04:42:40 PM

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

Lorna t

member

Activity: 179

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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.

jdbtracker

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?

Rampion

legendary

Activity: 1148

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Quote from: AliceWonder on July 19, 2013, 04:26:16 AM

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.

AliceWonder

full member

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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.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: BitcoinPorn on January 15, 2012, 11:41:42 AM

Quote from: ineededausername on January 11, 2012, 10:10:52 AM

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.

xavier

sr. member

Activity: 260

Merit: 250

Hmm. Great, I had about 100 bitcoins on MyBitcoin.

If I ever meet this Bruce Wagner guy..

razorfishsl

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....

westkybitcoins

legendary

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Firstbits: Compromised. Thanks, Android!

Quote from: Rampion on July 18, 2013, 08:42:25 AM

Quote from: deepceleron on January 11, 2012, 04:49:08 PM

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.

fellowtraveler

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.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: deepceleron on January 11, 2012, 04:49:08 PM

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.

BitcoinPorn

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Posts: 69

Quote from: ineededausername on January 11, 2012, 10:10:52 AM

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

realnowhereman

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.

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

Quote from: Transisto on January 12, 2012, 03:13:40 AM

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.

Transisto

donator

Activity: 1731

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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

Quote from: deepceleron on January 11, 2012, 11:03:54 PM

Quote from: rjk on January 11, 2012, 10:52:30 PM

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

deepceleron

legendary

Activity: 1512

Merit: 1036

Quote from: rjk on January 11, 2012, 10:52:30 PM

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.

deepceleron

legendary

Activity: 1512

Merit: 1036

Quote from: Maged on January 11, 2012, 06:12:46 PM

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.

gnar1ta$

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.

Topic: MyBitcoin has started spending our stolen coins (Read 10386 times)