Topic: Watch the tracking of the sheep marketplace thief in real time - page 3. (Read 5987 times)
December 04, 2013, 07:39:23 PM
i've even seen this guy's facebook page. somehow i suspect life is going to be very not fun for him soon, if it's not already.
December 04, 2013, 05:03:17 PM
they already got US and chinese scammers. so have a nice time guys 
Agreed. I am all for not touching the fungability of BItcoins. They should always all be worth exactly the same. That said- I don't mind if people track thieves down. :-) In a way this is the fulfilment of the more fair aspect of bitcoin- the openess can help to prevent theft. It's hard to steal if you know everyone is watching you.
December 04, 2013, 04:58:14 PM
they already got US and chinese scammers. so have a nice time guys
December 04, 2013, 04:52:28 PM
I think his best hope of escape would be to just forget about cashing it in and to just distribute it randomly.
Send some to just random people's addresses just to throw the scent off? Probably too greedy to do that.
Would probably be a hell of a lot harder to track if some % of them were actually in circulation.
So it took a whole week for someone to actually check and verify one of the addresses on the blockchain? Sounds Sketchy to me.
Yeh, I don't doubt the balances on the site showed the correct balance. The part I don't understand is how someone from the site didn't see their accounts slowly being drained of what has to be a massive part of their total bitcoins.
Its not like you would audit balances by looking in your database. You'd look at the actual balance.
December 04, 2013, 04:48:36 PM
Hi
I found this very interesting
http://www.newrepublic.com/article/115807/bitcoin-thief-steals-100-million-sheepshead-marketplace
I found this very interesting
http://www.newrepublic.com/article/115807/bitcoin-thief-steals-100-million-sheepshead-marketplace
yes i read this earlier, hope they can track him down
December 04, 2013, 04:47:32 PM
So 96,000 bitcoins were sent out before the site realized anything was wrong?
Seems like that would be a lot of volume and suspicious right?
Seems like that would be a lot of volume and suspicious right?
i think i read something like the thief made the bitcoins appear to be in the wallets somehow, but you just couldn't withdraw.. and that lasted for about a week. by the time the weekend came around, people began to get a little suspicious and they figured out that the money was taken from them.
Yeah, very clever:
Quote
Here's what happened: someone (or some group) managed to fake the balances in peoples’ accounts on the site, showing that they had their bitcoins in their wallets when they’d actually been transferred out. Over the course of a week the whole site was drained, until the weekend when the site's administrators realised what was happening and shut everything down.
So it took a whole week for someone to actually check and verify one of the addresses on the blockchain? Sounds Sketchy to me.
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December 04, 2013, 04:43:37 PM
I think his best hope of escape would be to just forget about cashing it in and to just distribute it randomly.
Or give it back?
December 04, 2013, 04:41:52 PM
I think his best hope of escape would be to just forget about cashing it in and to just distribute it randomly.
December 04, 2013, 04:38:38 PM
I hope that's given to the poor
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December 04, 2013, 04:36:03 PM
So 96,000 bitcoins were sent out before the site realized anything was wrong?
Seems like that would be a lot of volume and suspicious right?
Seems like that would be a lot of volume and suspicious right?
i think i read something like the thief made the bitcoins appear to be in the wallets somehow, but you just couldn't withdraw.. and that lasted for about a week. by the time the weekend came around, people began to get a little suspicious and they figured out that the money was taken from them.
Yeah, very clever:
Quote
Here's what happened: someone (or some group) managed to fake the balances in peoples’ accounts on the site, showing that they had their bitcoins in their wallets when they’d actually been transferred out. Over the course of a week the whole site was drained, until the weekend when the site's administrators realised what was happening and shut everything down.
December 04, 2013, 04:34:21 PM
i think i read something like the thief made the bitcoins appear to be in the wallets somehow, but you just couldn't withdraw.. and that lasted for about a week. by the time the weekend came around, people began to get a little suspicious and they figured out that the money was taken from them.
December 04, 2013, 04:32:51 PM
So 96,000 bitcoins were sent out before the site realized anything was wrong?
Seems like that would be a lot of volume and suspicious right?
Seems like that would be a lot of volume and suspicious right?
December 04, 2013, 04:25:25 PM
Hi
I found this very interesting
http://www.newrepublic.com/article/115807/bitcoin-thief-steals-100-million-sheepshead-marketplace
I found this very interesting
http://www.newrepublic.com/article/115807/bitcoin-thief-steals-100-million-sheepshead-marketplace
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