Bitcoin Forum

Other => Beginners & Help => Topic started by: bc on June 20, 2011, 04:51:35 AM



Title: Did the bad guys sell to themselves at a 1¢, so that $1k withdrawal = 100kBTC?
Post by: bc on June 20, 2011, 04:51:35 AM
I hope not, but that would explain the crazy price.


Title: Re: Did the bad guys sell to themselves at a 1¢, so that $1k withdrawal = 100kBTC?
Post by: morr on June 20, 2011, 05:15:28 AM
The limit is 50BTC or 1000$, or at least some are saying that.


Title: Re: Did the bad guys sell to themselves at a 1¢, so that $1k withdrawal = 100kBTC?
Post by: miscreanity on June 20, 2011, 05:39:24 AM
Aside from the limit, how would you guarantee that the seller matches up himself as the buyer on an open exchange?


Title: Re: Did the bad guys sell to themselves at a 1¢, so that $1k withdrawal = 100kBTC?
Post by: mieomeo on June 20, 2011, 06:07:16 AM
1000$ per account, and the bad guys got all the accounts :(


Title: Re: Did the bad guys sell to themselves at a 1¢, so that $1k withdrawal = 100kBTC?
Post by: ahitman on June 20, 2011, 07:21:16 AM
They got a list of accounts, but not access to ALL the accounts. The passwords were encrypted, but not strongly, so if you had a weak password it is possible for someone to decrypt it. The crazy part is that they got access to the database through a compromised computer that is owned bu the someone who was doing a security audit on the back end of the exchange!