Bitcoin Forum

What happened
On October 24rd 6:37am UTC+10:, Inputs.io's hot wallet, of 4000btc, was emptied by a hacker.^{1 2}
TradeFortress claimed the hack occurred on the 26th.³

His Linode administrative account was first accessed by the hacker on Oct 23rd, from IP Address 101.0.79.18, at 11:57am UTC+10 from Australia⁴.

He gained access to the account by compromising the email address "lailai625@hotmail.com" and requesting a password reset from the Linode server. The reset link was automatically forwarded from the administrative email "admin@glados.cc" to "lailai625@hotmail.com".⁵
He did not stop forwarding emails until October 27th UTC+10.⁵

TradeFortress reset his Linode Manager password and logged into it by 8:25pm UTC+10.⁴

Between 8:25pm UTC+10 and 6:37am UTC+10, Tradefortress did not shut down the site, he did not move any of the coins to a cold wallet, he did not report the theft to local authorities, he did not notify any depositors, and he did not stop any new users from depositing to his site.

Sometime after this but before second hack, TradeFortress enabled 2FA on his Linode Manager.⁵

On November 8th at 6:01am UTC+10, the server was hacked again using a direct Lish connection, bypassing 2FA and stealing an additional 160 bitcoins.⁶

By his own admission, TradeFortress was embezzling the deposits of new users to distribute the bitcoins to users that had lost their entire deposits during the hack.

TradeFortress did not have any bitcoins stored in a cold wallet either for CoinLenders.com or Inputs.io.

CoinLenders was affected, because it had a Inputs.io wallet.


If you are a victim.
The following will help you to report to the proper authorities;

United States:
http://travel.state.gov/travel/cis_pa_tw/cis/cis_4522.html

Goal of this thread
I would like Coinlenders users and Inputs.io users to post relevant information, and I would like to put together a list of users and their claims. I have requested similar documentation from TradeFortress.

I am not interested in any kind of speculation, fiction, trolling, unbacked accusations, "pity-me" stories, or any other kind of uninformative posts. They will be deleted.

Public information regarding this hack will be collated and placed here.

This is to assist in investigation, inform those at stake, perform verification and oversight, and prune useless information.

Australian law enforcement activity
TradeFortress and his hosting provider are located in Australia, and although I do not have any hard evidence to post, I am sure that Australian law enforcement has been notified.

TradeFortress' identifying information
https://bitcointalk.org/index.php?topic=327178
http://www.abc.net.au/news/2013-11-08/bitcoin-site-hacked-founder-says/5078148

Current plans for remuneration
Inputs.io accounts are being refunded partial amounts inversely proportionate to the amount of BTC they had at Inputs.io, using a sliding scale.
As a rough estimation (see blow), deposits of over 10btc are refunded less than 50%, deposits below 10btc are refunded greater than 50%.

There has been no announcement yet regarding CoinLenders Deposits.

Inputs.io and Coinlenders account balances.
Please send a private message to me, or post below to be added to this list. You will be anonymous unless you explicitly tell me otherwise, or post the information publicly. They will not be verified unless I can get reputable documentation (Most likely from TradeFortress).

I am including interest, because that is owed even if TradeFortress is unable to pay it.

Users will be posted as [Username]:[BTC owed]:[BTC returned]:[Unverified/Verified]

CoinLenders
DumbFruit:955.24559517:199.383
Anonymous:652.92445572:0:U
MaximGuns:531.87697838:0:U
Anonymous:332.2162344:0:U
Anonymous:327.3652095:0:U
summerysnow:299.03625778:0:U
Anonymous:284.39655444:0:U
Anonymous:244:0:U
mion:236.77:0:U
druid:222.7:0:U
Bradyon:226.07010047:0:U
Anonymous:189.36658901:0:U
Anonymous:151.15913821:0:U
dwdoc1:150.42238118:0:U
Anonymous:147.46497819:0:U
Anonymous:144:U
Anonymous:112.13755308:0:U
Anonymous:102.89:0:U
drsteve:102.13386171:0:U
ohyeahok:88:0:U
hwmax:86.93779676:0:U
Anonymous:76.31622447:0:U
ninjaboon:75.23241838:0:U
docdocdoc9:53.98199194:0:U
Anonymous:47:0:U
gotpetum:43.51560284:0:U
BTCWarrior:35.62:0:U
Anonymous:32.15938119:0:U
sleger:30.88981146:0:U
goodtimes73:28.58:0:U
001sonkit:26.44:0:U
currencyforall:21.84629652:0:U
Anonymous:21.14:0:U
Anonymous:20.62151404:0:U
Anonymous:20.01551996:0:U
windywinter:20:20:U               <--Mistake
btckmtan@qq.com:19.89484849:0:U
expodryerase:18.51941806:0:U
MaxwellsDemon:17.45:U
ace207:16.68791006:0:U
4btconly:16.20130365:0:U
nsd:15.90443981:0:U
Anonymous:15.78:0:U
TwinWinNerD:15.55:0:U
flmbg:15.15:0:U
cismasu:15:0:U
Dougie 12.857412:0:U
Anonymous:10.89:0:U
toer:10.77683827:0:U
Anonymous:10.6815:0:U
dunkbc:10.5627535:0:U
davecoin:10.05859733:0:U
gog1:9.80594344:0:U
doctorbit:8.7:0:U
Anonymous:8.39168696:0:U
Anonymous:8.10636761:0:U
InvalidSnack:7.69121463:0:U
Anonymous:6.28562606:0:U
C10H15N:6.00038338:0:U
chrishastie27:5:0:U
batman:5:0:U
gravity_boy:4.01865378:0:U
misterwiser:4.00660825:0:U
gravity_boy:4.01865378:0:U
favdesdu:4:0:U
Dorpsgek:3.66741301:0:U
joele:3.65732106:0:U
mobile314:3.59998956:0:U
ezacarias:3.593:0:U
Xrim:3.5423:0:U
CoinLenders01:3.42991422:0:U
Anonymous:3.14700032:0:U
maraoz:3.0521687:0:U
davedx:3.01:0:U
wayner:2.97:0:U
efc17:2.96594563:0:U
poolbath1:2.84476076:0:U
wheelerscw2000:2.56224724:0:U
hsharrison:2.43970326:0:U
goodhope:2.08111493:0:U
EntropiaFox:1.97655724:0:U
Daytona:1.80:0:U
Anonymous:1.70787314:0:U
artbatista:1.62:0:U
mxisaac:1.50021415:0:U
smithd98@gmail.com:1.5001855:0:U
ahbartsch:1.42248522:0:U
asanerworld: 1.09027010:0:U
simonsaysmine:1.07027926:0:U
Anonymous:1.0610762:0:U
Zedeius:1.05606876:0:U
kilerz:1.05240088:U
Nesa:1.03:0:U
ccpearce:1:0:U


Total Owed:6514.894239
Total Paid:219.383

Users:94


Inputs.io
TomJeff:440:0:U
Miles:40:0:U
dwdoc1:20.795:8.59:U
HereToTrade:7.74:3.54:U
lonestar108:7.44986999:0:U
simple-dice:4.21:2.58:U -No fee, unconfirmed.
quimpstar:2.785:1.69:U -Unconfirmed
Anonymous:2.2:0:U
Korbman:1.1263595:0.85:U
Anonymous:1:0.74:U
Anonymous:1:0:U
Anonymous:0.55487:0.45:U
Anonymous:0.5:0.4:U
ChrisJ:0.2996:0:U
bitcoincasinoprojof:0.26:0.26:U
niktitan132:0.2445:0.03:U
snuff:0.2856333:0.23:U
Anonymous:0.099:0.08:U
Ashu:0.08238875:0:U
redtwitz:0.08209722:0:U
GoldBit89:0.06972042:0.06:U -No fee, unconfirmed.
Anonymous:0.63:0.5:U
misterwiser:0.03079955:0:U

Total Owed: 531.4448387
Total Paid: 20

Users:23


Food for thought..
I do not show this quote to imply that TradeFortress was a scammer, but that the problem that I find myself in, and how to try to avoid it, was written a year before this event took place. So I'm putting it here in case you find it as educational as I did;


¹transaction; http://blockchain.info/tx/9536feebe3a50b94f85ca27d56e669a7209bd4188385d55c5b97227c95cf7f74
²address; http://blockchain.info/address/1EMztWbGCBBrUAHquVeNjWpJKcB8gBzAFx
³https://bitcointalk.org/index.php?topic=248803.msg3505966#msg3505966
⁴https://bitcointalk.org/index.php?topic=283756.msg3505394#msg3505394
⁵https://bitcointalk.org/index.php?topic=328053.msg3632208#msg3632208
⁶http://blockchain.info/tx/d9fd404d60cc65e77a0ab460524d112f1a851430ed431b5aa6840bdf9c42355f
⁷http://trilema.com/2012/gpg-contracts/

Coinlenders: wayner:2.97:0:U

Edit: And thankyou for putting this together.

Meh why not...my user name for CoinLenders is doctorbit

doctorbit:8.7:0:U

You're welcome.

quimpstar:2.785:0:U

Is that in Inputs.io or CoinLenders? If it's Inputs, be sure to email them at support@inputs.io for a partial refund.

Thanks, Dumbfruit.

PM sent to you.

I'm a big loser of coinlenders.

Coinlenders:bradyon:226:0:U

Its for Inputs.io and I've emailed them several times with no response.

Coinlenders: Zedeius:1:0:U

Thanks!

Meh, might as well. Thanks for taking the initiative, DumbFruit.

CoinLenders: EntropiaFox:1.97655724:0:U

Coinlenders:cismasu:15:0:U

Thank you for making a thread like this!  I'm in a tight situation because of this and would like to see how this situation evolves.

coinlenders:simonsaysmine:1.07027926:0:U

May not be a lot to some, but it is to me.

Appreciate you putting this thread together.

Coinlenders:Anonymous:6.28562606:0:U

Edit: PM sent with inputs.io/Coinlenders account info.

Username for CL is chrishastie27(part of my e-mail which I use to login)

chrishastie27:5.0:U

Not very much to some but a months wages at this exchange rate pretty much all the BTC I have tied up here, been a user for some time.... preferred it without inputs.io even before all this. suppose there is still a glimmer of hope in the distance of getting a large portion of my BTC back  ???

CoinLenders01:3.42991422:0:U

Thanks Dumbfruit. I originally found that article about sytech the other day and found that very interesting. I'll be interested to see what if anything comes of it. Considering it's going to be a challenge to do forensics on a non-police reported incident and they may not have authority to do so. But maybe they will be able to sway TF to give it a shot.

If there is anything I can do to help, let me know.

Thanks,

CryptoUser01

Well, it was either this or the fetal position, I chose this by a small margin.

It is clear that TradeFortress is liable for the full amounts owed, and anything less than that is in abdication of his responsibility. When I deposited with him, I had full faith that if anything like this happened he would do everything he could to make it right.

Looking forward to his announcement.

Edit: Redacted stuff.

Coinlenders dwdoc1:150.42238118:0

Inputs.io dwdoc1:20.795:8.59

Good luck with this project!
If nothing else it will be interesting to see if he owed more than the missing 4100.

PM sent. Crossing fingers we'll get most of our coins back one way or another.

It would also be beneficial to do a headcount of who took loans from there, to get a better feeling of (amount of coins in TF's wallet (or stolen) / amount of money "in the wild").

We are already up to 2100 in unreimbursed coins. Looks like the total is going to be a lot more than 4100.

Coinlenders:   batman:5:0:U

Mine got lost as I tried to withdraw them on 5-11-13 (Aussies use dd-mm-yy because it isn't stupid:) )
I never wanted inputs.io, it was forced on me as a CL user.

It turns out that your emails has been lost in the spam folder. Processed.

dunkbc:10.5627535:0:U

Coinlenders or Inputs?

Coinlenders;


What happened with previous big(ger) thefts ?
Inform all exchanges AND mining pools not to process certain addresses ?
BTC are lost, but the thieves can't use them either.

https://bitcointalk.org/index.php?topic=83794.0

And no the stolen coins cannot be recovered or blocked, although the addresses are now "tainted" so spending/selling those coins will be a bit dangerous, assuming the people accepting them actually care.

Thanks for doing this DumbFruit.

Are we watching the thieves laundering the BTC here ? :

https://blockchain.info/es/tree/96033579

I have not received any BTC as of yet. Please see http://blockchain.info/address/1LaFVroDNRRKLvTBNjiCnKrEAFspMsX7hN .

Edit: TradeFortress has posted in another thread that my transaction hasn't been batched out. Will edit with correct returned BTC when it is received.

I hope my e-mail has not turned up in your spam folder. 314_at_mobile314.com

Amount is 3.59998956 , this is the last of my BTC. Many thanks and kind regards.

disregard this, I did confused the thread I was posting. please see this post. (https://bitcointalk.org/index.php?topic=328053.msg3527995#msg3527995)

I have received 1.69 out of 2.785BTC I had on Inputs.io (unconfirmed as of yet). Please edit first post. Thank you for doing this DumbFruit!

coinlenders

9.80594344:0:U

Coinlenders
mobile314: 3.60187187:0:U

Inputs.io
mobile314: 0.01252836:0:U -Thanks. Received payback but no fee unconfirmed.

Thanks for putting this together.

Coinlenders
ahbartsch:1.42248522:0:U

This is as of November 9th, 2013 at 12:44 AM after receiving two fee rebates.

CoinLenders
ccpearce:1:0:U

CoinLenders:
10.15:0:U

CoinLenders:
goodhope:2.08111493:0:U

Coinlenders

4:0:U

Coinlenders Dougie 12.857412:0:U

Coinlenders joele 3.65732106:0:U

and the other partial liquidation from BTCINVEST

Thanks for including my name in there.

Don't get me wrong - I appreciate and am grateful for the partial refund (2.58/4.21, or 61%), but would REALLY like a full-refund...

Many people got 80%+ or full refunds and I was excluded.  I was one of the first people to e-mail and notice the hack and announcement(s), too...

I hope more people get 80%+ or full refunds, unfortunately I didn't.

I didnt get anythink that was stolen from my inputs.io account (0.2445 BTC).
I only got what was left in the wallet (0.03 BTC).
 >:(  >:(  >:(

[niktitan132]:[0.2445]:[0.03]:[U]

Coinlenders:

nsd:15.90443981:0:U

Does anybody have a good idea to raise some funds? Is it crazy for us if we ask other online wallets, trading sites, or organizations (coinbase, blockchain.info, mtgox, bitcoin foudation, coindesk, bitcoin magazine...) to sponsor this project somehow in order to get some good publicity and unlink the name of bitcoin with scammers and hackers?  As I said somewhere before, I´m not an expert. Sorry if I´m saying something stupid but I just can´t keep myself silent after this catastrophe... I just don´t want to imagine a scenario in which some people received partial refunds, others none, and at the end, everything is forgotten... until the next big rob happens.

We can´t keep ourselves silent!

inputsio: 0.06972042  lost

tradefortress sent 0.06 no fee

was unconfirmed from 11-7-13 but then within last 2 hours , transaction disappeared from blockchain and no payment and no new balance in inputs.


Thanks.
goldbit89

Inputs.io
redtwitz:0.08209722:0

So far, no response to my email.

Coinlenders:  efc17:2.96594563:0:U

Hopefully we all learned the lesson here... some of us cheaply, and some at an extremely dire price: Be wary of every and all third parties when dealing with BTC, online wallets are just looking for trouble and zero liability is asking for even more trouble.  :-[ But yes, at this stage, an incident like this must not remain forgotten, especially if we want Bitcoin to be widely adopted. It was not okay in the MyBitcoin days, and it's certainly worse today.

Anyway, let's stick to the topic.

windywinter - coinlenders

+20btc and he got 100% refund, add it to the list.

https://bitcointalk.org/index.php?topic=283756.msg3507154#msg3507154

Agreed - something positive should come from this disaster. EDIT - I do actually have a few ideas for this, but it would require TF help/discussion.

inputs had a nice little bitcoin foundation badge. That should probably count for something.

I like your thinking & I am inclined to have the same thoughts. I do not find it crazy whatsoever. Is it a possibility to gather some donaters? Yes, I believe there is a possibility there are a lot of big holders that were early adopters . Am I totally convinced it will happen, not entirely. Especially at today's prices. As far as idea's to raise donated funds, my ideas are coming up null but I think this thread is a good start and is the least we can do. I know that TF is getting a ton of crap for all this and his rep is tarnished. The moment he slipped up he was exploited BUT the fact is he is human, owning up to his actions and showing a massive amount of community by working to repay the users. He could very easily disappear and start a new account. so much to say on the issue.

One further point I want to concur with you is that I cannot bear to remain silent about this. Ive beat this point in the ground and I know that we are all in the same boat whether you jumped in at BTC/3$, 7$ or beyond. Ive (we) have worked very hard for my BTC. Selling items and a ton of manual daily trading with the ups and downs of the btc and security markets. This was my entire holdings lost in coinlenders. I would deposit, pull out , deposit and pull out. When you have single digit BTC holdings, it almost justifies the high risk of using a service that offers 22% fee rebates. In hindsight, it seems like it was a poor decision on my part but the point im trying to make is we are a community and times like this it calls for pulling together and thinking outside the box. Thanks for reading.

I have a powerful idea, that I have been exploring prior to this disaster and I think it would be good for the bitcoin community in general if it's done right, but it's not really appropriate for forum fodder or it will likely be exploited.

I would like to discuss it with tf but I know it's not a good time right now.

As for donations - dumbfruit is at least setting up a donation for the inputs hack - https://bitcointalk.org/index.php?topic=328053.msg3525951#msg3525951

But in the longer term, we need better prevention for theft and some kind of justice for the crimes.

I sent messages about this problem to Puik (blockchain.info), Gavin Andressen (core developer and bitcoin foundation member), Mike Cadwell (casascius), Olaf (coinbase), Theymos (bitcointalk administrator) and Vitalik Buterin (Cryptocurrencies expert and writer at Bitcoinmagazine).  Also to TradeFortress.

I asked them if they could somehow help this project. Maybe I´m quite naive but I really had great plans for the money I was collecting so hard...

Waiting for some more ideas...

I wouldn't get my hopes up someone will "bail out" TF after what happened. I was lucky and wise in not investing my every single BTC in this, but it's still some money I could really use for right now for unforeseen RL expenses. I'd be more focused in raising awareness, like with this thread, so it never happens again.

I am a contractor by day.

I have been burned many times before.  And have experienced financial difficulties my self, however I have always (and will always) repay debts.

Bankruptcy is never an option.  Until there is no option.

This guy played the game and messed up but still needs to pay.

A statement of his affairs needs to be published listing all his assets and liabilities, personal and business.

I'm sure there must be guys on here from a legal background who know the way forward with this.  I for one would be happy to contribute to their fees to see everyone's money returned with costs.

In my experience in these matters patience is definitely not the correct policy.  

Dumbfruit I'm thankful for what you are doing it's very honourable.

coinlenders: hsharrison: 1.3836345 + 1.05606876 maturing on 12/30: 0

Silver member, as I recall.  Yes, this reflects poorly on the Foundation.  Hope that means something.

Got up to here, if you posted before this and you aren't on the Opening Post or something is wrong, please let me know.

Also, the donation address is up.

Thanks!

My partial refund finally confirmed.

Coinlenders:

sleger:30.88981146:0:U

Call me stupid if you want, but just asked for mercy to some of the supposedly hacker´s addresses.

https://blockchain.info/es/tx/913aa8446787941bf9dce5da35033ca63e5ee86054d21ed052804a4171090c86

Educate me if I am wrong Bitcoin Foundation membership is purchased. Im sure there must be some sort of approval https://bitcoinfoundation.org/support (https://bitcoinfoundation.org/support)

Am i the only one that thinks slinding scale repayment is not very fair in this case?

Obviously the argument is that people with low balances own less fortune, but isn't bitcoins itself something like "playmoney" for people, so noone has "life"-needed money in bitcoins...

You don't want our CL username or inputs login? Do you need to be able to associate a compromised account with our bitcointalk UN? I guess I'm not really sure what this is for. I do not want to be part of any legal action.

Also, there might be a third category. BTCINVEST people got liquidation payments sent to CL after the hack occurred. Most BTCINVEST people already lost a lot in their intended investment, and didn't want to invest in CL.

Coinlenders/BTCINVEST
gotpetum@bitcointalk:43.51560284:0

No, don't send me any login information, in fact most of this will be somewhat useless unless TradeFortress cooperates and sends me supporting documentation. Though it will still give some idea as to the scale of the problem.

This is to inform, gather information, and hopefully assist in recovering the loss and do some badly needed oversight.

If there is some more shenanigans going on with BTCINVEST, then hopefully someone else will start a thread about that. I don't want to conflate different issues.

It's too arbitrary. I hope that he's consulting with others before he makes these decisions. He should understand that there are many people -like myself- that would like to assist, and aren't out with pitchforks.

The thing is if he would actually care about that, he would investigate the alleged "hack"/get the information to somebody that would be able to help, but he simply doesn't do, but he has time to bring his coinchat service up again.

I tried to tag the donation address but couldn´t. Please anybody knows how to do it?

coinlender: ezacarias  3.593:0:U

Won't be for too long anyway, it's pretty much running until December 1st, unless someone takes over, which seems to be the plan.

Thanks DumbFruit

Inputs.io
HereToTrade:7.74:3.54:U

Add the wallet I started for my friend:

Inputs.io

Anonymous:0.5:0.4

Apparently he lied to several people about his id so no telling if he told them the truth, plus doubt they'd give it up for anything less than a warrant/subpoena.

This is from a wallet I opened for my brother:

Inputs.io

Anonymous:1.0:0.74

We are over 3800 in listed unreimbursed (unverified) coins so far.

Hi all,

CoinLenders

BTCWarrior  35.62:0

If there are current outstanding Coinlender loans that TF cannot or will not collect for us then he needs to provide us with the loan data so we can pursue those collections ourselves for distribution to the depositors.

I bet .1 BTC that he will never provide those datas because there are no such datas since this is a ponzi scheme.

Coinlenders

Xrim: 3.5423:0:U

coinlenders: inspiredinvestorcurrencyforall:21.84629652:0:U

inputs: bitcoincasinoprojof:.26:.26:U

I don't quite get what the verified is about.
Trade fortress refunded my inputs wallet though it was under 1btc and he did so in less than 24 hours, which I was grateful for.Fingers cross all works out for the best.

EDIT wrong username sorry have since edited to correct one.

The larger the balance, the smaller proportion you will get.

 All entries are unverified until OP gets data from TF.

1.80BTC Coinlenders (Daytona)

here's mine:
CoinLenders
ninjaboon:75:0:U

I have 17.45 BTC on CoinLenders, nothing refunded yet.
Also 10 BTCINVEST shares credited to my CoinLenders account.

Yes, but we don´t know how accurate is the data collected here; don´t know how many people are still to post their data; don´t know if TF is going to cooperate with us...

It´s very irritating, but for me all the info we have leads us into bad conclusions.

Nevertheless we should stick together and fight for our rights.

@Dumbfruit: How are things going with Simon, from Sytech Consultants?

BTW: If needed and we decide to do so, I´ve registered all my transactions to my coinlenders account + have no problem to reveal my identity and data to authorities.

Now my funds are (very) scarce but the only thing I can´t do is wait forever and keep tis problem unsolved.

Coinlenders (interest included): 4btconly:16.20130365:0:U

I  deposited these BTC after Oct. 30th....

Thanks, DumbFruit.

Inputs.io

Ashu:0.08238875:0

btw, my coinlenders coin were deposited after Oct 23.  not sure if that makes a difference.

I have 88.xx BTC on CoinLenders

Coinlenders
 kilerz: 1.05240088BTC

Updated up to here.

I don't expect to see a lot from Sytech, and if we do it will probably be a while before I have any more information to post. Any method used to apprehend the hacker is likely going to be tedious and slow, and there is nowhere near any guarantee of success.

If you are referring to a dangerous lender, I would advise you to get a loan from someone more patient. If you are considering inflicting harm on yourself then this could be a helpful resource: http://suicidehotlines.com/international.html.

Edit: Also, I've put totals at the bottom, for those interested.

Thanks, Dumbfruit:

Coinlenders¹
   7.69121463:0:U

¹As of Sun Nov 10 20:14:24 UTC 2013

has there been like... no discussion of refunds for coinlenders deposits? that is a very bad sign..... right? i mean, inputs users are getting partial deposits and CL user.... silence?

Yes.

Coinlenders: artbatista:1.62:0:U

I did and I got one nearly instantly, he said that next week he would explain how CL deposits will be refunded.

If so, then it'd be nice to know what the hell is he trying to accomplish here (https://blockchain.info/tx/2ec6cfc67d74627102084db83d3829d7fdee52fdfdcc3399bfc8bad090a787e6).

Come on TF, tell us the truth. Was it the ~1000 BTC or so you distributed among Inputs users the last you had?

lonestar108:5.44986999:0:U

Thanks a ton for doing all this.

edit:

I also lost 2BTC which I attempted to transfer to inputs.io right before the hack became apparent - I transferred the 2BTC, which shows as a withdrawal in my coinlenders account, but which never showed as a deposit in my inputs.io account. So the total is really 7.44986999.  Thanks again for all your time and effort on this.

Lets see what happens, my CD was terminated but I didn't receive my full payment. I'll be happy with my initial investment returned.

Nesa:1:0:U

 http://s1.bild.me/bilder/260513/thumb_8422909ss.png (http://www.bild.me/bild.php?file=8422909ss.png)

you can only withdraw from coinlenders to inputs.io - you can't withdraw money from inputs.io, so you are not really getting everything returned.

That should have been solved now, check your account again.

If you look at the photo I should have 1 BTC but it shows 0, I invested 1 so I hope I get something close to it back. It is showing 0 at the moment.

its a bug, contact TF

I see it now. Thanks a ton. I love bitcointalk.

Hopefully I (and all here) will hear soon how much of our final balances will be returned to depositors and how exactly we can withdraw our coin. Any ETA On that?

All fixed now, I have 1.03 balance

Interest payments are about -1BTC compared to what was displayed. But that is no longer an issue.

Let's see what is next. liquidating assets slowly is pretty obvious I guess.

CoinLenders
misterwiser:4.00660825:0:U

input.io
misterwiser:0.03079955:0:U

OK. You go first !

I am finally out of newbie land.

Inputs.io
TomJeff: 440 :0 :U   (yes that is 440 btc)!

That's a big amount to give to a stranger.
The following is so true.  I thought I had done research, tested the waters, and so on.

This system is obviously far from perfect at the current time. For one, as it is nascent there exists the incentive to follow short term goals : build an identity up to whatever value, then strip it by taking the money and splitting. This has happened so far numerous times, and from a certain perspective it may seem the main economic activity surrounding Bitcoin at the moment, greatly compounded by the yet inept identity-valuation methods used by participants, their unwarranted self confidence (everyone thinks they’re a great judge of men, and everyone thinks their particular assumptions are both correct and warranted), their imbecillic pride manifested in the stupidest way it could, ie trying to keep “things” under wraps and all the rest of typically human failure. For the other, as it is nascent very little is in fact understood or generally known about it, and so gross mistakes happen quite cavalierly.7 -Mircea Popescu

Details so far-  A day after I sent my claim email to support, I got a reply that my email probably was perhaps a fraudulent request; so could I send a Gvt ID.  OK so I sent my Drivers license a few days ago.  Haven't heard a peep since.  So I dont know what to make of that.

I'm hanging in there.  Its difficult for me lose so much.  It just sounded like such a great, secure service.

Thank you putting this list together.  every bit I can recover means a great deal to me.
J

Wow, this looks truly awful. Has TradeFortress updated everyone regarding the status of Coinlenders funds, repayment, etc? It seems like a real one-sided show here....

Yes that is a very large amount to store in an online wallet. Most of the large accounts were kept at Coinlenders where they could (theoretically) earn interest.
The "sliding scale" is going to kill you. I currently have the largest amount listed at Inputs.io at 20.795btc (although I am sure there were larger balances) and I only got back 41.3% so you will probably get back substantially less than 180btc.
On the other hand we don't know what % reimbursement we are getting at Coinlenders so whatever you get back might be the better deal...

Update,
It appears he refilled the cl balance
Quote from: TradeFortress on November 08, 2013, 10:05:12 AM
Quote from: InwardContour on November 08, 2013, 12:37:53 AM
this is what i thought from the beginning. it was clear that some funds were still able to be moved out of inputs.io for quite some time after "the hack." TF continuing to accept deposits while letting others (and himself) cash out, and this goes on for weeks until the pyramid collapses? TF deserves a scammer tag unquestionably.
No. I haven't moved coins out of Inputs personally. The coins I did "move out" are (i) routine signature ad payments, (ii) wallet refill of coinchat/coinlenders, (iii) CL associated payments and (iv) coins moved to reduce hot pocket amount that are now being used to repay users.

Everyone who was aware of the hack previous to the public announcement were not Inputs users.
coinlenders might get there balance

Are you saying you actually get a reimbursement?  I'm not hearing anything. If he at least wrote to me and said, "here is what you are getting", well at least I would feel like I'm  NOT going to be scammed out of everything.

I'm still learning about wallets... This is very very hard lesson for me. How did you learn that he had given you your 41.3%.
Thank you so much for sharing. I am having a difficult time right now.
J

Yes you just send him a refund request to support@inputs.io using the same email address that you registered with at Inputs.io and give him a wallet address to receive your coins and they will appear in your wallet a day or 2 later. He did not send an email back. I guess that in your case the amount is so large that he needed an ID to confirm.

Hear, Hear,
Obviously I may be too unwary when it comes to wallets but look at the great press TF got from CoinDesk.  He displayed a Biticoin Foundation SILVER logo on Inputs homepage.  There were many great posts about thst service here.
I agree that there are far too many scams and hacks and this community and it is holding Bitcoin back.  I for one have changed my attitude about Bitcoin since this incident. Some one earlier mentioned a certification service--no, not government intervention, but a way we can evaluate server configs, and ownerships.

This is late 2013.  Too late IMO for a careless hack of this magnitude to occur.
And lastly, yes, I am asking for donations to the OP above.  Please help. 
We can't let this go unadressed.  I had put too many coins (because honestly I did not know better) for less that two weeks. And that was just enough to lose them.

So that said, I will offer my help in addressing this service legitimacy issue.  I was looking to get inmore involved and this might as well the way.

This may be completely out of place, but please pray for me, as I am for all you.  I wish you the best.  Bitcoin has so much promise and does not deserve this evil.
J

Updated up to here, and I'm going to delete Scammer's offer to buy the debt because it cannot be done securely at this time. (And lets face it, he's probably a scammer.)

Lastly, I don't want to play Thread Nazi, but please keep anything not directly related to relaying pertinent information to a bare minimum. I'm obviously sympathetic to the situation, but it makes it harder for me to update the thread.

Thanks.

Hey,
I just got registered to write about this topic.
There are about 300 coins sitting in my coinlenders account. I worked very hard for this and these are not only my own coins. This is sad and frustrating and this is a hard time for all of us.
I am just shocked and don't know what to do next.

Inputs was supposed to be so "secure" and still I never choosed to use it. And now we on cl might need to feel the pain of what happened.

I really hope for the best. And did not give up the hope and faith in this working out for the best in the end.

Also I think a sliding scale is not fair if that should be the fact in cl as well. Some people only put a small part of what they have in there. Others put ALL they have in there. There should be the full Pricipal or the same % for everyone be refunded.

Another thing is. Does anybody know how many actual inputs users there were? The numbers here do not measure up at all. So I guess there were many more using it and haveing a small balance in there.

And if cl really had xx,xxx btc running it should not be too much of a loss for each individual account if splitted up.

For the update TF said in about a week I think, which does not mean on monday, or am I missing something. So the e mail update is still in time..?!


Thank you so much for putting this together..I still don't know what to think and say to all what is just happening .. Sad

I just noticed that windywinter claims to have gotten 100% refund of his CL balance on november 7th.
I got curious to why he got a refund when no one else to my knowledge has.

Now, there are a few things that might explain this.
- Maybe windywinter mistook/mistyped CL balance with inputs.io balance or something.
- He's close friend with TF.
- He requested the refund early enough, before TF had realized that he just could not refund everyone who requests it.

So, windywinter, if you don't mind answering my questions, it would be great!

1) Can you confirm that you actually mean CL balance, and not inputs.io balance?
2) Are you close friend with TF or do you have any other reason to get "special treatment"?
3) You made the post on Nov. 7th, which still was quite early in this whole process, when did TF send the transaction?

A PM is sent to windywinter requesting him to have a look on this post.

Update from TomJeff.  Its been almost 3 days since I wrote support@inputs.io. (This was not a CL acct)
As you know I had a very large amount (440btc) . 
I have not received any refund as of now.  It seems that almost all other inputs accounts have been satistified.
If anyone has any other contacts or information, please let me know. 
Thank you.
J

1) CL balance.
2) No. I believe I had zero communication with windywinter prior to this.
3) The payment was made before it was decided to delay withdrawals instead of using limited funds to do first come first serve.

I was a little busy during the recent 3 days so I stopped following the news regarding to CL. And I'm not a native English speaker so I'll skip everything in this thread and jump directly to answer these questions addressed to me. If there were anything else I should know please brief me later and I'll happy to add my opinion.

1. Yes, I mean CL balance. I do not use inputs.io except for deposit and withdraws on CL.
2. I think I haven't got the right to regard myself as a friend of TF's. Actually, I know little about TF except that he was active on this forum and a lot of people trusted him. I even do not know his nationality before this incident.  If there were any reasons for me to get a "special treatment", I believe they are beyond my knowledge.
3. TF sent the transaction (a0f289b2e8b2d2f255aef460f5e77459c4f75dbba03db213f1f0ead0e8ce1c3d) on Nov. 7th and it got confirmed 2 days later.

Actually, there is a little more details I'd like to add. I got 26.04301688 BTC at the moment I sent the request and 2 withdraws of 1 BTC and 0.5 BTC which never show up in inputs.io account. TF sent me 27.54 BTC and I took it as "full amount". TF sent the transaction on Nov. 7th, however, because he sent some other transactions that day without fees and those transactions' output were used as inputs for this transaction, this transaction stayed unconfirmed for a long time, which is enough for blockchain.info to delete it from their database. So TF sent another transaction of 26.04301688 BTC on Nov. 9th. When I asked about the 2 missing withdraws, TF said those coins would come back to my CL account in the coming days with the CL update. I think this means that CL will restore to normal and continue to operate.

Well, the end of my story is that those unconfirmed inputs of the first transaction (27.54 BTC) got confirmed first and caused a double spending on the 2nd transaction (26.04301688 BTC), and the first transaction got confirmed a short while later. So I got 27.54 BTC in the end, which I still regard as "full amount".

If there's anything more you would like to know, please send a PM. I'll still be a little busy in the coming few days but I'll find the time to answer them.

Well. It took me half an hour to write my previous post and in the mean time TF posted another post, so I think I'll have to add something more.

Actually I have contacted TF once before this incident. At that time inputs.io was suffering DDoS and one of my withdraw from CL got missing.

12 NOV 2013 update:
ninjaboon:75.23241838:0:U

Contrats to Windywinter. I'm glad you received coins.
I put my request in via email on Nov 6 and received a template 'please wait' email.
So there was some ad hoc actions going on from the get-go.

I also put in a request on the 7th stating that I wished to recive my funds on CL. I was denied and got the standard email reply.

/X

Update,
It appears he refilled the cl balance
Quote from: TradeFortress on November 08, 2013, 10:05:12 AM
Quote from: InwardContour on November 08, 2013, 12:37:53 AM
this is what i thought from the beginning. it was clear that some funds were still able to be moved out of inputs.io for quite some time after "the hack." TF continuing to accept deposits while letting others (and himself) cash out, and this goes on for weeks until the pyramid collapses? TF deserves a scammer tag unquestionably.
No. I haven't moved coins out of Inputs personally. The coins I did "move out" are (i) routine signature ad payments, (ii) wallet refill of coinchat/coinlenders, (iii) CL associated payments and (iv) coins moved to reduce hot pocket amount that are now being used to repay users.

Everyone who was aware of the hack previous to the public announcement were not Inputs users.
coinlenders might get there balance

While staying in contact is  laudable, I do not believe TF is being entirely forthcoming with how bad the situation really is.  Expect the worst, hope for the best, and if you have to be surprised, be surprised you get anything back at all.

Don't get me wrong.  I am a business man and a retail investor. I don't hate TF, I am disappointed.  He is bright, articulate, driven, and arrogant - good qualities in an entrepreneur.  He could have been the Warren Buffet of Bitcoin, instead it looks like he's going to be the Bernie Madoff.  :(

Indeed, the lack of details and the cryptic nature of disclosures, and the subtle shadiness of now implementing an ID verification policy when name/ID was never required to use inputs.io..... this doesn't look good. I really feel for people who are now forced to choose between receiving a % of their money and giving their ID up to a possible scammer who has also shown himself incapable of keeping data secure. And CoinLenders? My goodness..... this looks to become a shitstorm, I think. I am so sorry to all affected.

This might be a clue:

Quote from reddit on nov. 7'th:
The annoying part is, when I read it I immediately knew that I have also seen that comment that vortexas is refering to!
And now when I try looking/searching/browsing for it I cannot bloody find it.

Anyone good at searching on reddit is welcome to give it a try.

source: http://www.reddit.com/r/Bitcoin/comments/1q2law/inputsio_hacked_and_shutdown_4100_btc_stolen/cd8ov7g

Ok, I found the reddit link I was talking about earlier: http://www.reddit.com/r/Bitcoin/comments/1q2le2/psa_if_you_have_any_mtgox_usd_left_this_is_a/

Basically they say that a ~4k sell wall was put up on Mt. Gox. about 5 days ago.
I'm not sure how that matches up with the movement of our coins on the blockchain. Is there even a theoretical possibility that it could be our coins?

Is it possible to contact Mt. Gox, and see if they "own" that public key? Of course, they must not discolse the person behind it, just a simple yes/no if they have the private key behind the known public key.
This is probably a longshot though ...

I emailed Mark Karpeles the CEO of MtGox on 11/7/13 about this.

Dwdoc, Nov 07 13:51 (JST):
The online wallet service Inputs.io was hacked recently for 4100btc.
There was a recent sale of $1million btc for 266.90 each at your exchange. Probably a coincidence but please take note of the identity of the seller in case you are contacted by investigators. Thanks.

The 4000btc sell mentioned here;

http://www.reddit.com/r/Bitcoin/comments/1q2le2/psa_if_you_have_any_mtgox_usd_left_this_is_a/

Would have to match this, in order for them to be our coins (Correct me if I'm wrong.);

http://blockchain.info/tx/d9fd404d60cc65e77a0ab460524d112f1a851430ed431b5aa6840bdf9c42355f

2013-11-07 20:01:02

A Mt.Gox employee should be able to tell us if they recieved bitcoins from that transaction very quickly.

That is one complaint I've not had against Mt. Gox.  They've handled everything except my wire quickly.  Even the 'we expect several weeks' lie came quite rapidly.

I also would not expect Mt. Gox to blather about the identity of the 4k BTC customer to jerk-offs on bitcointalk.org.  I would, however, expect them to cooperate with the Australian police quickly and completely.  So TF's non-sense reason for not reporting the crime is even more laughable.  Anyone who believes that is a complete chump, and those who profess to believe it are probably sorry-ass sock puppets.

I sent that blockchain information to MtGox and added it to my warning about the stolen coins preceding the 11/6/13 $1 million sale of bitcoins for the 266.90 ask price.
I don't think they will release the information to us but they might file it away somewhere in case there is an investigation.

While staying in contact is  laudable, I do not believe TF is being entirely forthcoming with how bad the situation really is.  Expect the worst, hope for the best, and if you have to be surprised, be surprised you get anything back at all.

I agree that all we can do is hope for the best.

I've tried to contact the support e-mail at CoinLenders but have received no response as of yet.  The problem is, in an effort to keep some hold on my anonymity, I signed up with an e-mail address from hidemyass, which I didn't realize until just a couple days ago only works as an inbox.  That is, I can't send a note from that address, I can only receive e-mails sent there.

So I guess I have two questions.

1) Some of you are talking about requesting refunds from CL, but I see no mechanism to do this beyond the support e-mail.  Further, TradeFortress has remarked this weekend that everyone will receive a mass e-mail and to just sit tight.  Are you guys sitting tight and waiting for him to contact you or is there another method of contact that I'm missing?

2) Am I screwed because I can't e-mail directly from the address I used to set up the account initially?  

0.2996BTC Inputs.io no response to my email.

I have to say that the system of payouts is very confusing. We were told if we should only email support if we had more than 1 BTC, which has left those with less wondering what to do.

The Coindesk article (http://www.coindesk.com/hackers-steal-bitcoins-inputs-io-wallet-service/) was also not helpful as at the bottom it seems to imply that those less than 1 BTC can expect a full payout.

Updated to here.

Thanks dwdoc for getting that email out so soon, I feel bad for blowing it off even though it probably is just a coincidence.

ChrisJ, you will probably get most of your deposit back.

TradeFortress, thank you for clarifying what was going on with WindyWinter. (Please send me some GPG signed documentation!)

drinkmorecoffee, yep we are mostly just waiting at this point. Ever been bungee jumping? We're at that moment just after the cord breaks.

The current tallies suggest the amount stored at inputs.io was a pittance compared to coinlenders.  If TF couldn't afford to fully reimburse the inputs accounts it bodes ill for prospects at coinlenders.

I just put all the data into an excel spreadsheet. (Should have done that from the outset.)
Precisely 20 bitcoins have been reimbursed to Inputs.io users, according to the limited data that was given to me. Which means nothing, but I was surprised.

Nearly 900 BTC has been distributed to Inputs users. This can be verified by looking at the 1GLados address.

Yes but unfortunately the coinlender deposits are much more than that.

And ofcourse nobody of the 900 BTC Receiver reported here  ::)

well i received .07 ..... that only leaves nearly 900 btc.

Coinlenders Dorpsgek:3.66741301:0:U

TF, you have a great brand and innovative products.

Just an idea. Maybe an investor with  $1 million+ dollars could turn this situation around.  I'd like to see all this succeed--call me crazy but II/CL is still salvageable.

CoinLenders:

wheelerscw2000:2.56224724:0:U

Coinlenders

goodtimes73: 28.58: 0: U

this has been my feeling. TF has not been forthcoming at all about this, and everything points to bad, bad things.

Inputs.io
Miles:40:0:U

Just my 2 cents and that's all this is probably worth.

So far, TF has been cryptic, but do would I be until I knew how to handle the situation. If he made a promise, or seemed to, and couldn't follow through, the attacks on him would be vicious. That might make it harder for him to resolve this. I take heart in the fact that he has been paying back inputs depositors ( and a little less heart that we are seeing inputs depositors who haven't seen anything back yet.) He is also reachable, answering some emails and posting in this thread. He has apologized, admitted (severe) error, and answered questions.

It should also be noted that although the amount stolen was large, I'm sure not even a small fraction of inputs or CL users have posted here. It does seem like the inputs users took a nasty haircut.

If I were TF, I would also be handling inputs and CL separately. Theoretically most of the CL balances should have been lent out in loans. So as those loans come back, funds should become free to pay back depositors. No idea what percent o f deposits of loans were lent out, what percent were in the hot wallet, etc. The reason it is taking time to get back to us is it is taking time for him to work how how to manage the liquidation. 

One thing that does worry me is that the hackers could have been watching TF's hot wallet and struck when it was particularly fat. Nevertheless, I am assuming the there are enough loans out to ensure that we'll be getting a good return.

From what I can see, TF has been trying to act honorably in a bad situation. I am personally antsy as hell since I had too much invested for my own good. I am keeping my fingers crossed and hoping to hear good news from TF soon.

Not TF, just a guy who recognizes he trusted to much of his investment in one place and is now hoping to get as much as possible back.

At the same time, I feel my future is resting on this given I did invest more than I should have. We were promised an update this week. It is only Wednesday, but still, it is a long time to wait. I hope you get this sorted soon, TF. We are all on tenterhooks.

I agree, that and TF apparently being a very early adopter of BTC, it really seems totally unnecessary to scam people; I'd be very disappointed.

DumbFruit, please add me to the account listing.  Note, I'm not sure what "Verified" or "Unverified" means in this context, so I'll assume I'm Unverified.  

CoinLenders - expodryerase:18.51941806:0:U

EDIT: CoinLenders

Well it seems TF is trying to wrangle his debtors. Found this in the btcquick thread.

^ This. CL was a great concept with a growing lender base, a successful track record at making BTC loans profitable for itself and its depositors. That is a fact that cannot be denied and it would be a real shame if TF did not capitalize on that fact, which is really his most valuable asset (after our BTC, of course!).

If he was smart he'd be out there working every single connection he could to find a few large investors so as to rectify the situation and then turn this crappy event into killer marketing. I can tell you personally that if I got 100% of my BTC refunded (or at least a binding promise to refund 100% of my principal in a year while still earning interest on it) and CL overhauled their security (a third-party security audit would go the distance to prove that fact to me) then I'd happily keep all my current deposit - and likely increase it by 200-300% right away.

You listening, TF and all you bitcoin millionaires out there? Damn where are the Winklevoss bros when you need them... they need to join bitcointalk.

Nowhere else people can turn for bitcoin deposits, so yea he can either continue the service .... or run from it. The later would seem foolish.

Anyway - think DumbFruit is trying to keep this thread clean so it's less work.

That has failed miserably. I'm going to update the thread later today, and probably remove a few posts. Don't really have time right now.

http://www.austlii.edu.au/au/legis/cth/consol_reg/esoar465/sch1.html


I'm really looking forward to how you plan to do everything you can to make your users whole, TradeFortress! There are many of us that would like to participate in that discussion.

http://www.austlii.edu.au/au/legis/cth/consol_reg/esoar465/sch1.html


I'm really looking forward to how you plan to do everything you can to make your users whole, TradeFortress! There are many of us that would like to participate in that discussion.
[/quote]




TradeFortress, I hope you have been following the many positive and supportive suggestions in response to my post yesterday.  We want to help.  We recognize the value you have created, and that the comments indicate it can and should be saved.

Everyday that you ignore our thoughts is damaging to your business, and as quoted above--your individual freedom.  I implore you to reach out to us, and the community as a whole and tell us what you need to make us whole.  I placed hundreds of coins in a "secure" wallet.  Using some kind of 'sliding scale' so that you can use large coin balances to pay small balances is not going help you in any way if this gets legal. 

Please tell us how we can help you make us whole.  (Yes, I expect all my coins back!!!!!)
Further ideas include:

• A disclosure of CoinLenders profits, so that interest payments can be applied to losses. Note that svereal Coinlenders have indicated they will stay onboard if you will consider this.
• Seeking out investor(s).  Maybe too late for crowdfunding, but if you could allow yourself to give up a majority stake, I believe the businesses would grow and you as a minority owner would gain the experience that you need at this point in your otherwise brilliant young career.
• Try a "Its Wonderful Life" approach.  Ask us to keep our coins in, but give us a percentage now for our sanity.  This would again require disclosure!!!
  

We get most of our coins back, but you make us shareholders.  You may find that most of would leave coins in.  I would.  Disclosure required.[/li]
[/list]
TF, Bottom line is that you have run out of time.  There was GOODWILL form us--you saw it on the posts, and did nothing to take advantage of it. 
You are in a really tough bind--But you do not need to destroy this.  Please write back to us.  I believe we can help you.

Thank you Dumbfruit.

Sincerely
TomJeff

I agree wholeheartedly.  I can't afford to double down on my deposit, but i don't really feel the need to withdraw it.  I just want to make sure I have access to it when it's needed.  If TF could come up with some way to keep the service alive, I'd be happy to leave my deposit in place. 

mxisaac:1.50021415:0:U

EDIT:  Coinlenders

Could you move my entry from the Inputs.io list to the coinlenders list ? When i pm'ed you, you just made it anonymous instead.

Coinlenders - Zedeius:1.05606876:0:U

I thought it said "remove", not "move". Not getting enough sleep, I swear...

Coinlenders

asanerworld: 1.09027010:0 U

We need a well-respected 3rd-party to audit TF and all his businesses. Until that is set up, we should have some serious transparency, starting with:

• Total amount in inputs.io before the hack
• Total amount refunded so far for inputs.io
• Total still owed to inputs.io users
• Total amount still lent out by coinlenders
• Total amount refunded so far for coinlenders
• Total still owed to coinlenders users
• Total BTC that TF has right now
• Total value of TF's non-BTC assets (house, car, bank accounts, etc.

And (where possible) proof should be shown. This could be scans of bank statements or links to BTC addresses (with signed messages proving TF owns them).

I don't have any problem with criticisms of TradeFortress if you actually present facts.

Edit: Better yet, I'll quote it for an example of exactly the kind of meaningless accusations that I would prefer people didn't post here;


Ya... I'm TradeFortress, and I faked the moon landing as well.

Quote from: TomJeff on November 13, 2013, 04:55:54 AM

I can tell you personally that if I got 100% of my BTC refunded (or at least a binding promise to refund 100% of my principal in a year while still earning interest on it) and CL overhauled their security (a third-party security audit would go the distance to prove that fact to me) then I'd happily keep all my current deposit

+1

I told TF exactly this in an email several days ago (I have not heard back).  It might be useful to start a list of CL creditors who feel the same way (Dumbfruit, if you'd rather it not clutter up this thread I can start a new one).  First, it seems clear that no one should be forced to take a loss: each and every creditor should have the option of keeping their coins in CL for a time and being paid back in full (with interest of course) at some later date.  Second, however, if enough CL creditors feel this way (particularly some of the large holders; I think the top ten largest creditors account for some 70% of the total on CL; and TomJeff obviously accounts for most of the coins on Inputs), then there should be no grounds for TF to refuse the offer.  And every reason for him to accept, if his business model is any good.  Of course, added security -and transparency- is crucial.  But my guess is that a lot of CL creditors feel the same way.  It would be good to know...

Goodtimes, exactly.  It's a plan I'd seriously entertain.  That's alot of coins right there.  Count me in, and if Dumbfruit is cool with it, please start a thread.  Maybe TF will give us the courtesy of a reply--soon.

Crazyhorse, yep.  Whats the count TF?

TomJeff
Thank you.

Some of us have expressed hope and some of us frustration with the delay in TF's communication about the status of our deposits. He took it upon himself to freeze our accounts and announce a one week "information blackout" which for some reason he has chosen to drag out to the bitter end. We should make it clear that whatever remaining hope or good will we as a community have for TF will end if he fails to update us within the time frame he announced and that each of us will file a report with his local police department within 24 hours. A victim does not hide and refuse to speak to fellow victims, only a criminal does that.

NSW Police Force, Australia, Local Area Command 02 9476 9799

https://www.facebook.com/KuringGaiLAC

An open message to TradeFortress,

I am sure that these last few weeks have been hell for you. You built up Inputs and CoinLenders and had hopes and dreams for them. It must be heart breaking to see what has happened to them

I appreciate that you have at least occasionally commenting and letting us know that you haven't walked away. Also, even with the sliding scale, it was good to see you trying to make good on those debts.

I am also sure that you have had more trouble than you anticipated getting cooperation from your debtors. I am sure that you have scrambling to get things in order so you would have something concrete to tell us.

I think it likely that not everything is settled yet. Things often take longer than we plan.

I would ask you, though, to not let today end without getting some type of status update out with a comment about what we can reasonably expect to happen.

It is clear from these boards that you have friends here who would be willing to give you leeway to get things together as long as you are honest and forthcoming. I am one of those who wishes you would say that you are going to reactivate CoinLenders, even with a moratorium on withdrawals, as long as we knew that our investment was safe. I don't think this is likely, but I wish it were possible.

A lot of people are anxiously waiting for this update. For some of us, what you do will impact our futures. Even if all the details aren't worked out, please do let us know what the situation is. Most of us will be willing to work with any reasonable plan.

If you do this well, I would be happy to use your next business too. I hope you take advantage of the opportunity here.
 

The names of unresponsive borrowers are BlackLilac, Graet, Ascension, Ukyo.

dza:0.63:0:U

100% of CL liquid funds were in a hot wallet. - No words.

This is getting from bad to worse. So CL had 6000+ BTC loaned out ? Really ??

TF, it would be a very good idea to publish a balance sheet, we're getting a bit nervous around here.

Where are you getting the 6000 BTC amount from? Link please.

Hello everyone.
In light of TradeFortress' abysmally inadequate update, I am planning to begin legal proceedings against him.
I am an American, so if you are also American CoinLenders depositor and want to join me in a Class Action lawsuit against TradeFortress please email me here;
USA.Legal.CoinLenders@gmail.com

Legal fees will be distributed over all who join the lawsuit. If you didn't have 10btc or more than it probably wont be worth the cost to join us, but it depends on how many people want to join.

After speaking with a lawyer two things are clear;
1.) It's going to be expensive.
2.) Most lawyers don't know anything about btc.

If you know of an honest lawyer that has some relevant experience in foreign exchange lawsuits, or some other relevant area, please let me know.

I will make sure Australian authorities have been notified of the theft.

@The Crybabies
If I deleted your post it wasn't because I necessarily disagreed, it was because it didn't add anything to the conversation. If you don't like it, go to the mountain of other threads that are inundated with useless information.

That is how much btc has been reported to me that was deposited into CoinLenders.

This thread might be relevant/interesting:
https://bitcointalk.org/index.php?topic=334391.0 (https://bitcointalk.org/index.php?topic=334391.0)

I am reposting here from the other thread in the hopes that TF reads it.

Coinlenders

davecoin:10.05859733:0:U

I wonder can depositor who made deposits posts hack (ie. Oct 26) legitimately make a fraud claim even assuming that it's a genuine theft / hack.

I don't think it does yet make sense to sue TF. If anything it would only prolong the process of making things right and cost both you and TF money and time. Time and money which is better used in resolving this situation within the community, rather than with lawyers and lawsuits. It's been 2-3 weeks since the incident, which is a rather short timeframe to handle a situation with more than 4000 BTC disappearing. Give TF some time to find possible solutions and talk options. Should there be no proper solution for this situation at all, then legal actions are still a possibility.

Just my 2 Satoshis. I've got a few coins stuck in Coinlenders as well, which I might add to the list later on. To be honest I'm kicking myself a bit over it, but eh. Let this be a lesson in why 1) Regular banks have insurance 2) greed ruins everything (25% interest in our case, stealing 4100 BTC in the thieves case) and 3) why Bitcoin is decentralized.

Seriously, look at the past few months. Bitfloor, btct.co, Bitfunder, Coinlenders, Inputs.io... single points of failure which, guess what, failed. And that's why decentralization is important. Rabble rabble rabble

I understand your concern, but if we just let this keep going like it is the trail is going to get colder, and the coins are going to get further out of reach as prices rise long-term.
Hopefully we'll see a correction in the Bitcoin market, but we can't rely on chance, and we can't rely on TradeFortress for a number of reasons..

1.) He lied about his age.
2.) He lied about his security measures. (There was no cold wallet.)
3.) He didn't have 2FA on his email, despite telling everyone to use 2FA.
4.) He was using Linode despite it being hacked previously.
5.) He allowed people to deposit into Inputs.io after the hack and then paid older users with the funds. (Embezzlement.)
6.) He refuses to disclose any information on his operations.
7.) He refuses to report the theft of over $1,000,000 worth of bitcoins to law enforcement.
8.) He wont listen to or consider any solutions proposed by his creditors.
9.) Even though his site was stolen from almost a month ago, he has not formulated any short term or long term plans to compensate his users that he can present openly.
10.) He's told us that his debtors are being crushed by the bitcoin exchange rate despite assuring us that he would not lend money to investors that have anything but minor exposure to exchange rate fluctuations.

Many users have told him exactly what he needs to do in order to restore faith with his creditors. He has done exactly none of those things.

Just so you know, I also got a couple deleted from this thread, but I'm considering DumbFruit just wants to avoid noise in order to maintain the OP list, rather than being a shill. For now, at least.

Let's do this!

1.) Did he? I certainly didn't hear that in the interview everyone's talking about.
2.) I think there was a cold wallet, wasn't there? There were other cases where the hot wallet had to be refilled before withdraws could be processed.
3.) Eh.
4.) Eh. Lots of services were hacked previously.
5.) Maybe he wasn't really sure the extent of the theft and if it could be easily absorbed.
6.) That's scary, but why disclose it to a bunch of people threatening to sue you?
7.) Why would he? So they can arrest him for running afoul of thousands of regulations? So they can beat up a bunch of third parties in a failed attempt to track down the BTC?
8.) We don't really know if he's listening a lot. And frankly, a lot of the ideas don't event warrant acknowledgement.
9.) Yeah, the communication sucks.
10.) I think the idea is their collateral (AM) is devalued, the borrower's investments didn't work out, AND they can't buy the BTC to repay the loan. I don't think they were just shorting BTC.

Well, he leave plenty of 'noise' in place when it is from users (or whatever) who talk about how much they want to keep supporting TF and send him even more money.  Just sayin'...

Yep, his profile showed "28", he's obviously changed it now.

If there was, not a dime worth of Coinlenders depositor's coins were in it.

More likely that he wanted to get as much depositors in to pay off old debt (Ponzi scheme), but it didn't work out when the price of btc skyrocketed and a ton of people started withdrawing.
Evidence suggests that's exactly what he was doing for more than two weeks after the hack.

I wasn't threatening to sue him at all until after I read his last "update".

Because it's the best chance of recovering the coins. Not reporting the theft isn't going to protect him from regulatory problems.

It was TradeFortress' responsibility to select loans according the the criterion that he laid out to us, the creditors. Low risk, fully covered by collateral (115%), resistant to exchange rate fluctuations, and/or the debtor is highly trusted with a long history.

He failed, and now we're suppose to just sit back and trust him while he handles default, and we need to just be happy with the answers he deigns to pass our way.

It's clear he does have liquid assets. He's just unwilling to spend them (Yet).

My patience is running short, and so is that of many of us screwed over by this "hack." I'm starting to change my stance over not pursuing legal action and while I comparatively had very little in, others had a lot to lose and will be more than willing to extend this to its final conclusion.

I'm curious as what were his exact words, though. Was he just shamelessly not worried about using that money to pay out his debt?

Unfortunately for TradeFortress, the incredibly opaque nature of his handling this whole fiasco is only putting off the inevitable. It's beginning to look like legal action will be necessary, and will happen. I'd be surprised if some weren't already pushing for investigations at the regional level. His smugness throughout sure has not helped my attitude towards him.

Here's a suggestion to DumbFruit: You could append to the OP of this thread any addresses with money that's confirmed to belong to TradeFortress, so we also have an approximate record of the BTC he does have.

Nice Thread thanks for the information!

Recommend you delete those numbers around the info because now we know you copied and pasted this from wikipedia

How would I prove that they are TradeFortress' coins?

Who copied what from wikipedia?

The address maraoz posted for example, it is reasonable to think it belongs to TradeFortress (Not enough to bring to court, but at least as a reference), along with the coins in it. It'd be tricky to confirm unless TF came and said "Yes, this is my address" and signed that message with its private key, but it's something.

I suppose proof is elusive. However, the fact that the post came from his account, and that he was collecting coins from people into it, suggests that he controls it. Does it not? Maybe I'm missing something.

Coinlenders

ace207:16.68791006:0:U

Hi all,

In the light of a lack of a clear statement from TF stating his commitment to repay his depositors to the best of his ability, it is getting harder to write posts like this.

However, I always assumed it was not going to be possible for TF to be able to get all his debtors to pay him back immediately. It also makes sense to me that he would be trying to collect a significant pool before beginning to distribute. If this is the case, then I am willing to give him the room that he needs to work and be grateful that I get anything back.

Personally, I don't think that TF should be making his full accounts public just yet. It does seem that he is trying to hide his own poor judgement (single point of failure, lending to businesses with exchange risk, etc), and may be trying to hide the fact that CL might have been in trouble even before the hack given that ASICMINER shares had plummeted and his debtors had been apparently defaulting.

Even these things I can forgive as it was me who decided to invest in a business that had "this is not real" plastered all over it, run by a guy who would not reveal his true identity. I didn't expect a JP Morgan level of competence (oops).

What is getting harder to forgive is after failing to send out the mass email as promised last week, there has been no new timeline for when we can expect an accounting of the situation and, most especially, a statement that he is committed to recouping and distributing to the depositors as many bitcoins as possible. At this point, I am not expecting everything back, but every last bitcoin would help.

To TF: There is a lot of anxiety out here and this hack has created a lot of hardship for a lot of your depositors. Please respect the trust we placed in you and communicate clearly with us what is going on and what you intend to do. It is the responsible thing to do.

To other depositors and people who have relevant information about TF, Coinlenders, and the Inputs hack, I am begin to research and article which will be posted on my website bitcoinwarrior.net. If you have any information that you think should be included, please contact me at editor@bitcoinwarrior.net.

Oh I see, sorry I hadn't looked much into it. I could also post the address that I had transferred to when I transferred into Inputs.io, if we could get enough of those addresses we could start to paint a clearer picture.
Why not?

It seems like the consensus in the community is that legal action and requesting transparency is a hindrance to TradeFortress, but if what he did was an honest mistake, then he has everything to gain by getting a third party to oversee what he's doing.
It would help him avoid mistakes, insulate him from legal action, and ease the doubts of his creditors.

He doesn't have to trust me and do everything I request to the letter, but he should at least be willing to have a civilized discussion, and be willing to answer some basic questions.

But anyway, I have some questions for TradeFortress;
1.) When did you first notice that the hot wallet was empty?

2.) How and when did you first realize your Linode administrative account was reset?

3.) Could you post the password reset logs for your Linode administrative console, and tell Linode employees that they may verify them for whoever asks?

4.) Do you have, and could you post, the logs of what the hacker did while he was logged into the Linode administrative console?

5.) Were the logins from 101.0.79.18 into your Linode administrative console, that you posted, the only time the hacker accessed it?

If you're serious about a lawsuit, you should post this in the Legal forum rather than leaving it buried in here.  I've got almost 5 bitcoins in Coinlenders that as of now, I'm assuming are lost forever. 

I have emailed and called around a half a dozen lawyers, but I will make a new thread there as well. The main reason I wanted to post it here is I think it's one of the most likely places I can find other Americans that can join me in the litigation.

Edit: https://bitcointalk.org/index.php?topic=336217.new#new

Edit: I can no longer pursue a civil suit, as his debt with me has been settled.

Woe he just answered all my questions fairly quickly and thoroughly in an email! This is exciting!
Will update shortly.

Maybe he just responds better to direct and specific questions...

It's a lot to digest... I'll update my opening post tomorrow.

Thanks Dumbfruit!

Now is time for TF to verify the amounts owed to everybody involved and start allowing some withdrawals. For me even a 1% withdrawal (2.26 BTC) will mean the difference between having a really hard time from now on or having 1 more month to manage how to pay my bills.

Thanks plugging away, Dumbfruit. I am happy to hear that TF got back to you with some specifics. Hopefully that means he is meaning to make good to the best of his abilities. I do wish that he would give that as a specific reassurance.

Its still missing all the relevant information and that it took him 1 month to just give these informations is more then disappointing. To be honest if i had 200k+ invested into this at the moment i would demand to have his real-id just so i could get a hold of him.

Another thing is that you really wanna stop the class-action lawsuit in light of these response? What after all beside that the hacker installed mc wasnt known before? I seriously start believing you are just another sockpuppet if that happens.

The situation is, even a victim believes TF is a scammer, still the victim is not willing to take any legal action since the loss would be bigger.

Stockholm Syndrome?

He responds because the hack was executed "perfectly" and there is nothing to hide.

Ask him about the specific financials and see how quiet he is.

+1

You're doing a great job, Dumbfruit.  I'm a dual US/NZ citizen, and I'll certainly join you in a class-action if it comes to that.  But I don't think the time is now.  Frankly, at this point I think the money would be better spent on a good private investigator in Sydney.  I'd' still like to know if anyone on this forum knows TF's name.

TF: It should be pretty clear to you that time is running out.  I still stand by what I told you in an email: I'm willing to leave my coins in longer-term with some verifiable assurances that I'm likely to be paid back in full later on.  By my count, there are some 1500 coins potentially available to you (from JohnHarmer, TomJeff and other relative minnows like me) should you reach out directly to your investors.  We're by far the best friends you have here   

Finally, @ all the annoying dickheads who think that anyone who disagrees with a tar-and-feather approach to this whole fiasco is a shill for Tradefortress....
STFU!!

Ya OK sure.  Whatever you say Socrates.

+1

Same here, I'm willing to leave my btc's with TF for quite some time, and also help out with anything I can.

Ya, I'm sure TF will be happy to pay the losers off if Bitcoin keeps climbing and each BTC becomes worth $5000 :^)  Good luck with that.

The victims (probably not the sock puppets who post these things) best hope is that we have another price collapse and TF takes a few bucks he made from the stolen coins to buy back in and clear his name.

Are you guys serious or sarcastic? (serious question, i don't want to sound rude)

I am serious.
I want as many of my coins back as possible, and I see no other alternative to achieve this goal.

Are you guys serious or sarcastic? (serious question, i don't want to sound rude)
[/quote]

Dead serious.  If you notice, most of the people posting useless smug blather either aren't on the list at the beginning of this thread or have very little at stake.  Many of us who do realize that our best chance of getting it back is trying to make sure CL doesn't go under.  Of course we don't *know* that TF isn't a scammer, but neither do others *know* that he is.  Honest people can disagree, but calling someone a sockpuppet just because he disagrees with you is just being an asshole.  The way I figure it, if we can get anywhere near 4000 coins committed to staying in CL -in exchange for veriable assurances that we're likely to be paid back in full later on- and TF still doesn't respond, then we can be pretty confident he's scamming us or fucked up so badly that it doesn't matter.  And then we can go after him for whatever we can get.

Is anyone else thinking that TF may be hoping to sell remaining coins and buy back after crash to reimburse his creditors?

I mean I wanted to do that with my Coin this time round and not wait for the next bubble.

I was actually thinking exactly the same earlier today.
Not that I personally would dare to do it, but hey, he's got the track reckord of gambling with high stakes...

I hope he didn't sell already.

It's kind of a no-lose bet.  If there is a downturn, pay off, keep the profits, and live to scam again.  If no downturn, keep the profits and vanish.

There is a possibility that Paymium/Bitcoin-Central did exactly this with the Instawallet funding.  Of course we'll likely never know.

I'm another one to be added to the Coinlenders owed list: 86.93779676 BTC

I was in email contact with TF last week but he's not replied for quite a number of days now.

Are there any/many CL users in the UK that are looking in to any possible legal remedy?

Well, after some haggling I was able to settle with TradeFortress for 199.383xbt. While it's a pretty terrible outcome, at least I can put this mess behind me, and hopefully preserve my purchasing power in the face of the volatile bitcoin market.
I'll continue to update this thread, but any legal action will have to come from another party, as I no longer have any stake in the matter.

These were the transactions;
e1ec1cb240ba9eac5e845fb8cd342372cb00b307d1b845307b2666d1e8a9d010
c2da4a08c7f01f4ca599ab75594d3510abffa0db0f52a1c4f0349eded37cc772

Perhaps as a result of this deal TradeFortress can offer a better proportion of your deposits back.

just lol

I'll be happy to take up the lawsuit from USA. I have his contact information and have contacted an attorney and an australian private investigator.

Same here.

The 199.383 XBT was in CL or inputs?

It was 20% reimbursement of Dumbfruit's 955btc deposit at CL.

https://bitcointalk.org/index.php?topic=328053.0

That's 20%. If you invested in CL, and everyone defaulted, then given the depreciation of most of the securities, that's about what I'd expect and is fair, or at least tolerable.

How did you negotiate that? I'm trying to get a hint if that was an offer TF made to keep you quiet, or that's an offer you made to cut your losses.

Is there anybody from germany or australia who wants to join me with a lawsuit? I talked to some lawyers already and will be in australia soon to get in personal contact with the australian authorities. PM me

Coinlenders

btckmtan@qq.com:19.89484849:0:U

Did he demand your ID?

I do not believe one second that Tradefortress has anything to do with the thieves.

I believe Tradefortress simply underestimated the challenges of securing a bitcoin wallet.

He should be doing what Instawallet did, i.e set up a claim process with a time limit and refund everyone who files a valid claim on time.
IW managed to remain solvent but if Tradefortress did not, he could at least do partial refunds.

I'd be interested in continuing pursuing a lawsuit as well. I'm from the US and had ~116 BTC at coinlenders.

He went on and on about how inputs.io was massively secure, then kept the whole wad in a hot wallet on Linode?

I don't think you are that stupid Boussac.  Unfortunately, this points back to the conclusion I'd prefer not to draw.  Namely that you are a crook.  And if you are not a crook, you are far to naive and clueless to be holding any money for anyone.

I am in as well. Have about 300 at cl!
I am not in the us but will be in australia soon.

I wonder if lawsuits like these will hit the news.
Also, as TF is only 18, how the hell is he going to pay for these?
in4b "with the stolen money"

He is leaving people with no option but to go to Australia! It's crazy.

He does not communicate with his investors, just stays quiet and hopes for the best.

I too am starting my own legal proceedings against Tradefortress. I am based in the United Kingdom, If anyone within the European Union want to collaborated with legal action please PM me.

001sonkit:26.44:0:U

Huh? But you said he repaid something....

Mail 1, sent to admin@glados.cc, support@inputs.io, at 11/7 6:35pm
------------------------------------------------------------------------------------
This is lordsonkit
Input.io Balance: 0.0005BTC
Coinlenders Balance: 26.29857103 BTC
Coinlenders Failed Withdraw during Inputs API Downtime: 0.13BTC
CoinChat Balance: ~1.5BTC (Account: lordsonkit, moobot, fishingbot)
————————————
Subtotal:  26.429071BTC + ~1.5BTC ~= 27.929071BTC

Refund Address: 1CasperDEhyGD81WNPo9qkaFnWxUSWmrq


Inputs.io Password -----------------------

CoinLenders Password -----------------------

CoinChat Password -----------------------

------------------------------------------------------------------------------------
Notes: password are hashed
------------------------------------------------------------------------------------
Mail 2 11/7 7:39pm from support@inputs.io
------------------------------------------------------------------------------------
Can only refund Inputs.io now, which you don't have any other than 0.0005.

There will be automated systems for CL.

Hi, we have sad news..

Due to major hacks, Inputs does not have enough BTC to repay everyone fully. We're dividing up the coins we do have left based on a sliding scale, and have sent it to the specified address. On your Inputs account, your balance should have flipped to the negative to indicate you've received a refund.

We apologize sincerely for the lost Bitcoins. It's been a very hard lesson for us, and we're sorry that we have to pass it onto our users. Please respond to the email if you have any queries.

gravity_boy:4.01865378:0:U

Yes but in a private message you suggested you took a haircut and the balance was settled, you could at least post the amount you got back. Or maybe you struck a deal not to.

I will help you in any way that I can.  Please let me know how I may contact you.
Thank you
Tom Jeff

Hey dwdoc, if you want to give me some contact information, I can post it at the head of the OP so that people can find you easily. Unless you're planning on going it alone, which will be costly.

I did not have to present any identification because I had TradeFortress deposit into an address that I used to deposit to Inputs.io.
If you still have the private keys to those old addresses, that could be an excellent way to get your coins back without the need of identification.

sounds like the expectation is 20 cents on the dollar

DumbFruit, how were you able to contact TradeFortress?  I guess the real question is, how should WE be contacting him?  I tried the glados.cc address a while ago but haven't heard anything.  Are you just sending PM's through the forum? 

A 20% return would SUCK, but I have to admit I've made bad investments in the past and been grateful to walk away with that much.  This will hurt, but 20% of an investment is a helluva lot better than 0%.

I contacted him at admin@glados.cc
TradeFortress does not respond to propositions he doesn't like. He doesn't give you a reason why.
I had to let him know that I would consider a proposal from him, and then he got back to me with an offer. (Long story short.)

Another person called it a "Pyrrhic victory", and I don't think I could put it any better than that. The question right now is, "How do I want to be screwed over?"

I think that had I waited longer there was a possibility that I could have received a higher proportion of my balance, and while I think there is no case to be made that TradeFortress has acted criminally, he has been demonstrably incompetent on several occasions, and so I decided to get out ASAP.

Your mileage may vary.

Coinlenders - smithd98@gmail.com:1.5001855:0:U

Refund address: 1AtJzBnoiLN4dMjbR5zb6hVk86nvRW4QzK

In in the UK and would be interested in commencing proceedings ASAP.  I have representation locally for my business and am discussing it with them.

Do you have representation experienced in overseas cases such as this?

I would like to find out more details please.

Has anyone considered additional media coverage of this? Perhaps a little extra coverage of what TradeFortress' response or lack there of may encourage him to start looking at this more critically.

I have no intention of taking a haircut or groveling for scraps.
Unlike some, I kept my investment in line with my risk tolerance.

My balance of 6.00038338 (after TF early terminated my CD) is owed in full.
While I will accept partial payments, they will only serve to reduce the amount owed, not constitute a settlement.

The address in my signature is where my inputs.io/coinlenders account was funded from and that is where the repayment should be sent.

I've tried reaching TF many times and get NO reply whatsoever. I'm willing to take legal action, even if it costs me and I get nothing back in return.

Thanks for the followup.  I'll try again.

I made an offer to him - I worked down until the value was so low... that it would ruin me for many many years to come and offered for him to propose something and he still didn't want to make a deal. What does that suggest to you all?

How many BTC did you had there?

Over 100.

Gaston909

Did he actually answer you? Seems like he ignored me. I want to believe he is doing his best to get everybody the lowest possible haircut but looks like feeling powerless is the only option available for us now.  :'(

Indeed. All I want is some sort of dialogue.

You have my deepest apologize for the following wall of text, but a lot of people have been asking me questions about this conversation, so without further ado, here it is;

Lack of response is essentially a dialog.  Let me translate.  It means basically: "Stick it up you ass."

Hm. I was going to delete your post, but yes, that's pretty much how he operates.

Any reason why blockchain says both those txID are invalid?

Hm. Something must have copied wrong.

I don't know, but you can see the transactions here;
https://blockchain.info/address/1CaZEHtxg7g1ECurk5VL2G6zGUBjvD6odn

The 174.383 tx ID is actually
c2da4a08c7f01f4ca599ab75594d3510abffa0db0f52a1c4f0349eded37cc772

The 25 tx ID one is
e1ec1cb240ba9eac5e845fb8cd342372cb00b307d1b845307b2666d1e8a9d010

It's like scrambled and backwards, but that's what he emailed me..

Updated to here, and if someone wants to start compiling known addresses of TradeFortress', that could be worthwhile. I don't have time to do it myself.

If he is valuating at current $ value, then maybe he really did exchange his funds into USD to speculate on a crash.

Oh god thats bad at these rates...

I just settled with TF.
I followed the approach outlined by DumbFruit.
I figured out the USD equivalent at the time of deposit for all my initial deposits that went into CL. This gave me a grand total USD that I was out.
I then proposed a BTC coin price that would deliver the equivalent value. I 'future dated' it by going above the current spot price.
He responded right away to the offer. He said he wanted either government ID or an address used as a deposit to Inputs to send to.
Since my deposits were from exchanges, I couldn't give him an address that would function that way, so I send a scan of my passport with some information redacted.
My return rate is a bit below what DumbFruit got, but they were the numbers I proposed.

TF asked me to post my settlement here, and so I did.

I really needed to move on and now I am.

Ugh... so far, the answers I've read aren't too encouraging.  :-\ I'll need to look up what were the rates at the time of my deposit, if he wants to settle that way. I'll reply here if he responds to my email.

How exactly did you contact them? I attempted to PM the TradeFortress account here on bitcoin talk, but I got a message that 'my message was blocked by TradeFortress' which is odd since I've never messaged them before. Any help here would be greatly appreciated... I just want to put this nightmare behind me and move on.

Edit: NM I just answered my own Q -  admin@glados.cc

TF, i need a way out, please response to my email...

I don't understand. Why are people trying to get scammed a second time?

I'm owed 10.15060808 BTC according to what the account says now.

107.5 BTC for $7793. 

Would actually rather head east and renegotiate in person.

I took 80% haircut he just used price of 768.03265481497395134002900263172

https://blockchain.info/address/13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am

80% haircut is quite decent, I've seen people getting 91% haircuts.

early investors...

IS THIS SLIDING SCALE YOU PROMISED US TF???

All I asked for was 80% cut likeDumbFruit got, I used his ratio and did calculation with my balance....in return he sent me his calculation and coins without asking me if I was OK with it.

I got 89% cut, and there is no logic in it(like nowhere near TF), my coins were longer with TF so he made more money on them, plus not any interest on my side is calculated, my balance was 222.7 an I got 26 back, that is just outrageous. he calculated one BTC=790$ !!!

He was so cocky and shameless to tell me that if I don't like the deal return the coins!!! Can you believe?

Shitting in peoples faces like this.....nothing good will come out of it for you TF, time will show, just wait and see...shame on you for treating your investors like this in the end!

TradeFortress would not have given me 20% if he didn't think he could do better for the remaining investors. If you hold out he will likely be able to make a better offer.

It really is shameful for him to hide all of his financial information and make his depositors scramble for whatever they can get while having no idea what he can afford to pay. Shameful is perhaps too nice a word for it.

Edit:
I don't think most people realize how badly TradeFortress handled the hack. I will update the opening post with a more detailed timeline.

Highlight: TradeFortress' Linode Manager console was accessed by the hacker at noon in Australia. TradeFortress had reset his password again and accessed the console 2 hours later. The coins were moved from his site at 4:00am Australian time the next day.  

TradeFortress did absolutely nothing to safeguard depositors coins for 14 hours after he knew that his Linode Manager was accessed by a hacker. Had he shut down the site immediately after he found out about the hack, and moved all depositors coins to an offline wallet, no one would have lost anything, and he would have had time leftover to watch Braveheart 4 times.  ::)

Edit2: I have updated the opening post in the "what happened" section. I was off about some details, but the gist is the same.

In my world I call this theft.   ::)

Ask yourself, would TF be so generous if the roles were reversed?  Fuck no.

inputs: wbforbtc

0.00544225BTC


Not enough for me to make a claim, but I'm new to this and it took me about a month to get that. Just wanted to add my name in the mix.

First, I'm very sure this is not the full list of coinlender users.

I don't think I'm off if I say TF debt to coinlender users is at the very least 10k BTC
If he applies the same rate as he did for Dumbfruit to everyone, that means he would only give 2k back, thus keeping 8k.

8k - 4.1k = ???

8k - 4.1k =

http://img.pandawhale.com/75215-breaking-bad-bed-of-money-gif-vdla.gif

I've got a proposal for U.S. based victims:

Follow this advice:

http://travel.state.gov/travel/cis_pa_tw/cis/cis_4522.html

I'm planning to start that tonight.

For those in other countries, you will likely have a similar kind of agency that I'd suggest you look for and utilize.

I'd like to get this reported and the process started to put a little more pressure on TF to come to the table even for smaller CL deposits.

To DumbFruit:

Would it be possible to ask the country of origin for users wishing to post their balance due here? If someone in respective countries would like to post their appropriate agency and contact information, I imagine that would be helpful to others. I'd be happy to help edit and combine data if you like.

CryptoUser01

I will be happy to make a section to direct people to the proper places to report what has, and is, going on here.

4.1k is the amount of bitcoins that were stolen by "hackers".
So... Err... I'm just pulling it from official TF statements?

So yeah.. Just went to check my inputs account after a fewvweeks to find all this!! What a joke. Now to try work out how much I actually had in there! :-@
Annoying part was that the last time I used Bitcoin s couple weeks ago I transferred everything from my multibit accounts to my inputs one do I could access it easier! -_-

Yea I know but its already written off.... 2000BTC+ seems worth factoring in. Nevermind.

MtGox rate down to 640$... I actually hope BTC crashes to under 100$ now, just to see how TF will adapt his offer. ;D

Have anyone from the US started talking to a lawyer?

Please PM me.

I've started looking. I've filed fraud complains with both the US and Australian governments have have been collecting as much data on TF as possible.

CL:tantanchina
balance:72.52
FUCK TF!!!!!!!why should we pay for his mistake?

One mote for the updated first post. My inputs accounts had: 0.41951039BTC in one account
And 0.01000091BTC in the other account

I have also just settled with TF, using the approach outlined by DumbFruit. I've just been sent 33% of my CL BTC balance at the time of the hack, and considering the number of people using other online wallets/services that have had their funds stolen by hackers and not seen a single satoshi as compensation - much less heard a single peep from the operators of those sites - I consider this a fantastic resolution, especially considering that the dollar value of the BTC I had on deposit with CL were originally purchased for about 20% of the current USD value of the BTC I just received back.

I know it's devastating to have something valuable stolen from you, and by no means am I trying to minimize the anger, frustration, and powerlessness that all of us have gone through over this order, but I urge everyone to keep the following in mind: 

Unlike the USD that you keep in your bank, there are absolutely no laws or regulations that govern the bitcoin economy.  No legal recourse exists to get your coin back in this kind of circumstance, because no regulations exist to ensure that the outfit you do business with has a satisfactory security infrastructure, no regulations exist to regulate how / where your coin is kept, and most importantly, no regulation (and likely no insurance plan) exists to make sure your deposits are insured against loss, unlike your FDIC-insured bank account.

In fact, deposit insurance of this kind would be prohibitively expensive because of bitcoin's price instability, relatively small market cap (compared to the USD), and lack of historical data with which to formulate the actuarial models necessary to create a viable deposit insurance offering.

Given the above, I think it's awesome to get anything back at all and that TF is willing to work with those that contact them. After all, I knew the risks outlined above, and accepted them in return for the potential rewards offered by investing in Bitcoin, and I'm assuming that everyone else who deposited at CL or let their BTC out of offline storage did too.  If I had wanted my investment to be insured, safe, stable, and *fucking incredibly boring*, I would have turned my BTC into USD, and sunk it into a traditional low-yield, low-risk mutual fund. Or I would have stuck my BTC in cold storage and just waited for a few years.

But that wasn't my investment goal. I knew the risks up-front, knew about the lack of effective legal recourse and the potential for big losses the moment my BTC left my offline wallet, and decided to take a risk anyway because of the potential reward. Considering the gains I've personally made over the last 2 years working with bitcoin, and considering that TF is working with those that contact them to settle, I'm happy with how things turned out in the end... (I pretty much wrote off my CL balance days ago so this coin is gravy.)

Given CL's track record of consistently making profitable loans - which has made me, and a bunch of us here a mint over CL's lifetime - I would consider depositing with them again if they reopened with a greatly-improved security infrastructure that was audited by a trusted, independent third-party security firm... I'm not holding my breath for BTC deposit insurance anytime soon, as its cost would likely result in deposits paying almost no - or negative - interest.

The undeniable fact is that Coinlenders was damn good at making solid loans, and the interest rate was obscene if you consider what you'll get at a bank... that is why we all kept coin there, right?  For me personally, if they continue to work with depositors positively and can prove to the world that this kind of fuck-up never ever happens again, I see no reason to not work with TF and CL in the future since they obviously knew how to make money for their depositors.

Yes, I know I'm likely to get a ton of hate for expressing this perspective, or be accused of shilling for TF, but considering the legal recourse I have with CL (almost none), the amount of time and money I would have had to spend to collect my deposit in full, and the amount of rage and hate I would have continued to feel over this if it hadn't been unresolved, I'm happy about this resolution.  After all, folks - there are some BTCJam borrowers that I would immediately put down if I ever met them in a dark alley, all because they wouldn't even respond to me over a $100 loan or settle for $20 to forgive the loan.  Communication and compromise go far in my book - and conversely deadbeats should be beat until dead.

tl;dr; I contacted TF as per DumbFruit's tips, and got enough coin back to make me happy. I'm happy with the outcome of my case, glad that I don't have to keep reading through this thread and rage over my lost coins, and I urge those of you that wanna end this nightmare to contact TF and negotiate a settlement. You'll get some coin - and your sanity - back.

I know someone who has found local talent in Australia to act on their behalf.   Can't say much more than that or TF will know whats coming.   And we don't want that..

actions are underway locally in australia to at least bring some form of justice. i would be feeling very uncomfortable if i was trade fortress.

Hello all,

I just received a refund of about 19% of my 35.5 investment back (including interest).

I had been one of TF's supporters here, but not any more.

TF came up with several innovative business ideas that had real potential. In the end, I think that CL was in trouble from defaults and in danger of becoming a ponzi scheme, though I do not think it started out as one. The hack, based on the information provided by Dumbfruit, shows both arrogance and sloppiness. TF had ample opportunity to protect his business and our funds and, for whatever reason, did not do so. There is a chance that he was part of the hack on himself, but I don't think so. I think he was arrogant and thought no one could be smarter than him.

I could forgive TF for the hack and even his mistakes in allowing it to happen. I cannot forgive the arrogant way he has treated his investors. This hack was an opportunity for TF. If he had come clean immediately, apologized for his role, and worked fairly with his investors, a great number of us would have continued to support him. CL is dead, but he might have thought of another businesses idea that we would get behind because we would know that this individual is a stand up guy.

Instead, it appears he has not tried to refund all inputs depositors. Then, when it came time to deal with the CL investors, he let it become a free-for-all of people trying to guess what the rules of his game were. He should have come up with a process-instead he made one up on the spot. He has said that he would only consider offers to cash out that protected other CL depositors. BS. At the end of the day, I believe wholeheartedly that TF is going to have thousands of bitcoin in his wallet. That is his goal.

I have agreed not to join any lawsuit against him or to make further claims. I no longer have a legal right to do so. If he had been humble, open, and honest, the amount I received would still hurt dearly, but I would accept it and wish him well. Because of his F-you attitude, I feel that he should be held to account.

I will be writing and posting on my website, bitcoinwarrior.net, an expose of TradeFortress. If anyone has any information that would be helpful to that article beyond what is written here, please email me at editor@bitcoinwarrior.net. If anyone has any more DOX information about him, please email me.

Further, for those who are considering a lawsuit, please email me. I would be happy to publicize your efforts, try to recruit more people who may not be following these boards, etc.

To TF: You can either be perfect, or humble. You are clearly not perfect given that you could have prevented this hack. You may think that you can ditch the TF handle and walk away clean, and you may be right. But, it may be that this finds a way to follow you for your whole career. I'll be doing my best to make sure it does.

I wholeheartedly agree with manort, and not so much with lonestar, but thank you both for sharing your experience in this ordeal.
I personally wont ever deal with TradeFortress again.

I will do anything I can to bring the arrogant SOB to justice. If there are legal proceeding afoot, contact me for support.

Just another note and then I will probably stop posting here to work on things on my own end.

A few days ago TF had a trust rating of -6 and there were scam warning under his name. Then, suddenly, it went to 11. Why is that? Then 12, and currently he has a trust rating of 13.

Obviously this trust system cannot be trusted. I would ask people to check out his trust score and leave the review that you think is appropriate.

EDIT: I contacted Theymos to ask about this. He replied that there are issues with the algorithm and that he had fixed that particular issue. TF now has a neg 186 rating. Thanks, Theymos!

Not much that can be done about that.  TF is a member of the DefaultTrust group through inheritance.
Rather than condemn his actions, it appears he's being welcomed as the newest member of the million dollar club.

Let's face it.  Lying, cheating, scamming, and outright theft are as fundamental to bitcoin as mining.

Do we have any idea of his real life identity? We can get together a bounty?

https://bitcointalk.org/index.php?topic=327178.0


Keep in mind how expensive a good legal team AND a personal protection squad are going to be.   :D

I just want to say that I am willing to give 26.7962 BTC TF shamefully gave me back to person who provide me with TFs identity and picture
My peace offering is that he use same ratio he used on DF and by that calculation he should have sent me 46.48468 Just to remind everybody I had 222.7BTC at time of "Hack". He already knows that.
This is the address I keep my coins on 1Martaybpu5UtqQtynMMDdFTi3pbZ9XzZk and this post has been signed with it to prove my ownership over coins.

G3956uqfr8y62yyht6RcNjqgGNrFUyt8cHFbRyGCTUfuBxv0OUEZU+nuEPTBOFESOAgFjkCc2dh3eqBzgrcXA2Q=

Please PM me! I think those funds will be better used to pursue criminal charges against TF and hiring a private investigator.

Others in this thread who's talking to TF to "settle". DO NOT!

Seems like TF thinks he can get away with returning little of the funds as possible. You can see this attitude by him responding to your inquiries only when the price of BTC takes a hit. Also consider the fact that although he is trying to return your BTC in fiat money worth, he is still asking his borrowers to return fully in BTC. THIS IS UNACCEPTABLE.

We should also be setting a message. BTC is no longer play money. Just like how we were able to charge Travis Wright with his ponzi scheme, we should be able to charge TF with his failed insurance deposits. This needs to bring media attention so that we can help legitimize BTC and send a warning to other scammers that yes you will get caught, and yes you will be behind bars.

I cannot say this strongly enough. DO NOT SETTLE. Don't let TF get away.

+1 on the warning and BTC no longer play money

I was offered ~15% to settle and sign away my rights, for that percentage I would rather join forces and try to send out a message and so possibly stabilizing the Bitcoin economy. Scams like this have a bad effect on the community and Bitcoin as a legitimate financial instrument.

Does anybody know if there has been a reaction to the situation by the Bitcoin Foundation?

Thanks you,

I don't think there's been any comment from Bitcoin Foundation. I'm not sure what you want them to comment on but you can try to reach them?

I've never seen the Bitcoin Foundation bother with any particular crime or scam.

Generally their approach seems to be one of supporting longer term efforts to track bitcoins for the purposes of forming various kinds of lists and mapping individual users to addresses which is one place where Bitcoin 'falls short' of traditional monetary instruments.

If successful, these efforts would likely be fairly effective at halting scam operations such as TF's.

It is fairly appropriate, if maddening, that the BF takes a long term view of 'crime fighting' and ignores specific events.  But I disagree strongly with their apparent direction of choice for guiding ecosystem evolution.

I got a 13% offer.
I might just as well give alternative routes a shot.

I have other funds to support your operation, PM me the details and how much funds will you need, but I still want to spend these 26 my way

Lives here, if you dont already know.

http://www.theage.com.au/it-pro/security-it/australian-bitcoin-bank-hacked-1m-stolen-20131108-hv2iv.html

It is quite easy to use fake ids and sow misleading data.
Provided TF posts here, I suspect he's capable of doing so.
MtDox's report might just be either what TF hoped for, or, even worse, just another post from a TF sock.

Please read your PM before going wild.

TF claimed to be using 58.111.143.105 in PM to me, if that can help.
I allow any admin/moderator to browse through all my PM history and confirm this.

I'll keep you in touch, some people are really looking for him and they are not happy.
Till now I have yet to get back my 76 bitcoins in CL and it's making me crazy.

Got my reply finally for 30%.  Looks like he's basically offering the value of the money in USD from when it was deposited.

Nice try Tradefortress.  6 posts.  Really.

More then a few victims of TradeFortress's fraud have contacted me privately about how to pursue them.  I'll just post my advice here publically.

The Securities and Exchange Commission has filed a civil suit against Trendon Shavers for a similar issue so they are certainly interested in the subject.  Trendon Shavers is a US citizen.  I don't know TF or where he lives bu if he defrauded US citizens the US can go after him.

The best advice I can give you is call or email this guy from the SEC and give him all the details.  If he can't help you maybe he can tell you who can.  And the more of you that file a complaint and the more total money lost the more likely they will pursue it.

Good luck.

Philip Moustakis
Senior Attorney
Division of Enforcement
United States Securities & Exchange Commission
3 World Financial Center, Suite 400,
New York, NY 10281-1022
(212) 336-0542
moustakisp@sec.gov

Heads up, if it's anything like the offer I got, there's a clause in there about paying at the current MtGox rate or $750, whichever is greater.  When I got my payout the current going rate was ~600, and he paid at $750, and I ended up getting a few hundred bucks less than I'd expected.  Worked out to about an 88% haircut. 

Look closely at the MtGox rate before you accept the offer.

How many people already accepted the "fiat settlement"?

If you accepted this deal please report that to DumbFruit so he can write that to the first post. We need to know how many coins were written off.

BCB, you may have misinterpreted the post.  

I want punch him in the liver over 100 times.  

--EDIT--
I should also note, I only had 1.5btc in.  I'm in the lower echelon of getting screwed. 

But what I'm trying to decide is if I should take it, or not take because of the incredibly unprofessional way he's been acting.

Mxisaac,

The amount doesn't matter.  That fact is you were defrauded and these small numbers added up to 4100 bitcoin.

p.s. while it feels good to threaten and pound your chest violence often causes more trouble then it is worth.

QFT

Although, for a moment, I entertained offering to relinquish all rights to my 6 BTC for the opportunity to deliver one (1) kick to his testicles with a steel toed boot.  ;)

I know how you feel.  We've all been there.

I got 14.9353 back of my 150.42268196 CL balance (10%). I consider this a minimal down payment and that he still owes me the other 90% plus the remaining balance due on my Inputs account. It is not up to him to decide how much he owes us. It is up to a civil court to decide that.

BCB--

Liver punchin' was a joke to lighten your serious tone.  Every account on here isn't Trade Fortress in a mask.

Just wanted to add more scope to the defraudin'.  I'm thinkin' I might just accept the money. Because not accepting the money probably won't go anywhere helpful.  Worst case scenario, he's not prosecuted and walks away with a LOT of money. 

I'm sorry, but this made me laugh.  Seems like a real piece of work, that TF guy...

Feel for anyone who lost money with his scam.  He definitely made out like a bandit :(

I just cannot lower myself to the point of negotiating with someone who stole from me for my own property back.

I have decided to settle (https://blockchain.info/tx/f84c07db87317fbe1dccb33901d421a3ec128320f8e4edeaea34e965a2a85bab) for 0.26128, which comes to a 86.78% haircut. So I got screwed even though I was a small investor. I didn't want to, but unforeseen expenses have made me swallow my pride too and even that pittance of a settlement will go a long way for me.

Even if he got hacked (And that's a big if), the way he's handled all of this has been far less than honorable and reeks of greed. Unfortunately, my loss wasn't large enough to justify being part of a lawsuit,  and since I'm currently not living in the US, it would have just been far more trouble than what it was worth. If there will be any funds collection for legal procedures, you can count on me to at least support that to the best of my possibilities, if I can personally trust the person who ends up in charge.

TF, 不要臉的東西.

TF, you promised the coinlenders´ problem was going to be handled soon.

Giving some people 10% of their funds is not the way to do that.

Inform us about you plans ASAP!

And by the way, I tried to purchase a CD and the value did not add to my account after it ended.

at least we got something back from a DEMO software application

It doesn't matter what he called it.  It operated as a bank and failed due to fraud and/or negligence.

but to any lawsuit that could come; he's paying back people in the USD amount they deposited...HAHA perfect :)

I have to figure out how I'm going to earn 700btc without blowing a ton of guys, and I need to cut out all the distractions. I'm not going to let some random hacker and a ~19 year old kid fuck my life over.

There are several big business opportunities that are barely being tapped.

So without further ado, I wont be coming back to these forums (Well until I have something valuable to offer, and it would be under a different name.). If you want to copy my OP and continue on with it, by all means, go for it. I pretty much dead weight around here now anyway.

I wish you all the best! So long and thanks for all the fish!

Edit: Had to come back to remove the donation address. There was only one "donation", and that's what I put there to test the watching wallet...

Thanks ChaosFox!

Best of luck in all your future endeavors, DumbFruit. I can understand that very well.

All the best. Do buzz me if you intend to open some Bitcoin related company in Asia side.

Stay in touch and good luck.

Dank is saying the same thing.  Coincidence...or something more...?

I feel the same way. It took me a long time to earn the 76 BTC in the CL balance.
Feeling really sad now.

I settled for ~0.5 BTC of my ~3 BTC balance. Initially he miscalculated my withdrawals and I had to ask him to recalculate.

I don't think he is a scammer, but he is inexperienced and somewhat unprofessional (look at some of his earlier posts here, wish I had read them first before investing in CL).

What have we learned here?

Reputation is everything! Do your due diligence before investing or using any Bitcoin services.

Good luck to anyone else trying to get a partial refund from CL...

Who does still have coins in cl and is willing to do something about it?
I have about 300 in there. Where are the other ones with many coins? ..Lets work together! I already got some information.
PM me

DumbFruit is going on to bigger and better things, good luck to you sir!

I am asking ALL REMAINING depositors to either PM me or post your remaining balance here -
https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

Sorry for getting you to restate your balance but it's the only way we can be sure who is still in, many people who have settled have closed this horrible chapter in their life and wont be coming back here to talk about it.

I received a offer of ~4% of my deposit.

I have no words...


 :-[

FYI, I just recieved 30.9277 BTC (my account balance is 147.46497819) from TF.
He used arbitrarily chosen price of $750 (price at MtGox at the time of payment: $690).

20ish % - Well, better than minus 2%


I am asking ALL REMAINING depositors to either PM me or post your remaining balance here -
https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

This is what TF offered me.


If you accept, please respond with "I accept $22,122.99 USD as full settlement of my CoinLenders balance, with payment made via BTC to the address [your BTC address] using the latest MtGox ask at the time the payment is sent, or $750 USD, whichever is greater. When the payment is made to my specified Bitcoin address, I release and waive any claims with regard to, and hold CoinLenders harmless from and against any and all claims of any kind that are or could be asserted with my use of the service."


I answered this:

I´m sorry, Tradefortress. I cannot accept this settlement you propose now. Nevertheless I´m willing to propose a different arrangement.

Let me withdraw in the next few days the equivalent of 7000 € from my CL account. I´ll use coinbase and bitcoin.de to get the money and I´ll send you the documentation which probes I will get no more than those 7000€.

After that I will not reclaim the remaining amount of my ~226 BTC before may or june of 2014. That will give you some extra time and money free of interest, but finally at some point I´ll need my full account back.
Please, let me know your oppinion about this.

I very nearly settled, for no other reason than pure desperation. He knows how bad my personal situation is and to put such a low % on offer. It makes me angry. As I have said in the past, I would rather renegotiate in person than take on that kind of loss.

I am asking ALL REMAINING depositors to either PM me or post your remaining balance here -
https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

Exactly. He knows he has most of your over a barrel and you'd settle just to get access to some of your funds.

Unfortunately, what he is doing is criminal.

Update me.
efc17:2.96594563:0.3647:U

Update Me:
wheelerscw2000:2.56224724:0:U

Why do you need updating wheelerscw2000.... your numbers look the same..

I am asking ALL REMAINING depositors to either PM me or post your remaining balance here -
https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

inputs.io
Arcorann:0.00604688:0:U

Pretty obvious my holding's too small for anyone to care.

Small but still going on the spreadsheet.

CoinLenders
heretik:2.2776:0:U
(with interest)

I also have a few coins in BTCInvest, not sure how this is going.

Done!

I am asking ALL REMAINING depositors to either PM me or post your remaining balance here -
https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042
If your balance was NOT listed on the dumbfruit thread, please let me know,

Hi shangata, mentioned you here: https://bitcointalk.org/index.php?topic=341871.0;all

I've 494.83919957 BTC in Coinlenders (2 accounts) & 77.5 BTC for 250 shares of BTCInvest.

TTagoo:7.64:0:U


Thank you.

something I could never figure out about the coin lenders model, was when you get a bitcoin evaluation event, as we have seen recently from 150 - 700 or about that , how would a person who has taken out a loan cover that (except in mining, and we all know how that always works out), as in any other asset/investment class its going to be hard to pay the loan rate plus 400%. The maths of this just does not add up, yet alone a person would ever even believe they could pay this back. I raised this issue with TF before all of this went down. Essentially you need a re-insurer with coins to back your coins

From the Coinlenders site:


Welp, so much for that.

TF still owes you 90% balance?
darn, karma is looking for him.

that's a lot of BTC>
I still have 75.23 stuck in Coinlenders and have not settled.

The hack is "paid" for probably even more than paid for. Now he needs to explain where the remaining 5437.10876724 is.

I find it hard to believe he lost all of it.

I am asking ALL REMAINING depositors to either PM me or post your remaining balance here -
https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042 - If you were not listed on this old thread, please say so when posting.

Not sure if I belong here or not, but I was in 2.24 BTC for 16 Shares of BTCINVEST at Bitfunder.

the rumor floating around the community is he did it to himself i don't know if i believe it or not but my BTC's from both coinlenders and inputs will never be recovered since i was one of the people banned from coinchat for participating in a different chat room at the same time and just being friends with people from there granted the total BTC is less than .01 combined from both sites but still ive been utterly ignored when i tried to regain my BTC i hope he enjoys spending my money since he won't give it back and i feel sorry for anyone who's not going to get anything back from him because he's supposedly only paying people back who had balances over 1BTC when a legitimate business owner would refund 100% to everyone

NO.  No no no no no.  The reinsurance scam has already used to great effect with insurance of pirate-pass thru funds, etc.  Guess how all those schemes ended.

The only solution is to NEVER loan your coins to anyone.  It never ever ever makes sense.

Hi,

I cashed out of this mess, and accepted a 87% haircut, so I am no longer following this thread as it only makes my stomach hurt.
However, I did read about this: http://www.washingtonpost.com/blogs/the-switch/wp/2013/11/23/heres-who-probably-did-that-massive-150000000-bitcoin-transaction/ where Sarah Meiklejohn, a computer scientist at the University of California traced a big transaction to what she believes to be a Bitstamp account.

Do you think it would be worth it to involve her in the theft of 4k coins, and have her take a look at it?

It’s probably a longshot, I know …

The members of the community I trust believe it was an inside job (long con).  I feel really bad for those who had more BTC entrusted to TF than they could afford to lose.

Time for me use this as a learning experience and move on.  

Hi all,

Just my 2 cents again, but there is a lot of speculation about this being an inside job or that TF is sitting on a huge pile of loans that will be paid leaving him a millionaire.

First, I don't think this is a long con since if it was, why stick around, pay back a large amount of coins (even if it is pennies on the dollar) and let us all rail at him. This guy is an arrogant programmer with poor interpersonal skills. He is not a businessman and has no idea of his missed opportunity here.

Also, he isn't as good a programmer as he thought since he left a gaping hole in his security and then in his arrogance didn't move to protect his, and our, assets once the hack started. Criminal negligence, really.

Also, the information that came out after the hack makes it look like CL was in trouble even before the hack. Probably because of the run up in price, but ASICMINER shares were not proving to be the security that he, and we, thought they would be. The people he lent to were short on BTC themselves and became hard to contact and hard to collect from. I think that TF was hoping to cover costs with new deposits and then get everything sorted in the future, which is how a ponzi schemes get started.

The hack just short circuited the process. I am not sure how much a lawsuit is going to recoup for us, but at the very least we will find out what was really going on the backend of CL and Inputs and, most importantly, TF's identity. Someone who has done this should not be trusted in the community again

why sitck around - He thought about sticking around... it looks like he may have reconsidered.

Missing since 21st.

I am asking ALL REMAINING depositors to either PM me or post your remaining balance here -
https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

Class Action Opportunity:

https://bitcointalk.org/index.php?topic=336217.msg3619427#msg3619427

I  got 80.3 bit coins tied up with tf
No replays since the first week of the hack

Has anyone thought he might of committed suicide
samurai style

...?


Like if he didn't scam us all
It would be pretty sad

^^^ - That would require integrity and honor. 

No doubt..

I don't think so.

You are never going to shame a successful scammer by using such words, but you can talk yourself blue trying.  I think a scammer rates himself by what his take was and nothing more.  Such things as 'honor' and 'integrity' are stupid concepts for stupid people (aka, 'marks'.)  It took me a while to recognize this.

No way he committed suicide.
He's probably afraid of that lawsuit...

If you still have a remaining balance on CL please tell me or post it here -

https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

If you DID NOT previously post your balance on dumbfruits thread -please tell me so.

If you want to join a collective Class Action Opportunity:

https://bitcointalk.org/index.php?topic=336217.msg3619427#msg3619427

Please let me know or voice your interest as it would need agreement from enough people to go ahead.

i remeber i.ve replied , but can,t find .me about  72.5BTC on CL ,no response

Update Me:
a489593665:20.39441186:0:U

Latest News:

https://bitcointalk.org/index.php?topic=336217.msg3747056#msg3747056

WOW... I did NOT expect that.
This sounds like good news to all those who lost SO much money.
Congratulations, bitcointalk.

The wisest course would be to surrender to the police.
I guess he planed to hide 4,100,000 dollars, then go to jail.
Bcz he is so young, he won't stay there too long.
After being released from jail, he will be a rich in peace.

No he won't, not if we all keep up the pressure.  It seems clear at this point that TF cannot justify the measly payouts offered thus far on the basis of 4100 stolen btc.  Many more than that were on deposit at CL and many of those 4100 have been written off by depositors who settled such as Dumbfruit. I think the points made about a civil lawsuit above are valid, and I think the best bet, if TF doesn't cooperate, is pressing forward with criminal charges.  From what I know about the case, I'm pretty sure a decent lawyer could make a very strong case for conviction.  If TF is really 18, he's facing the prospect of the best years of his life behind bars.  That 's ample motivation to come clean.

Tradefortress, some of us were willing to give you the benefit of the doubt at the beginning, but no longer.  The only way you're going to satisfy us at this point -short of refunding 100%-  is with complete transparency.  Speaking for myself, I have no problem accepting a fair cut if there was a genuine theft -even, in that case, setting aside your criminal negligence.  But you're going to have to justify whatever percentage refund you offer with some concrete and verifiable figures.  Otherwise, I'm operating on the assumption that you're a criminal. 

And many more BTC deposited as far back as June, have instantly moved a couple of addresses and are still sat there.
Many were mixed and arriving in the same address... still there.

It looks terrible, and yet he STILL does not refund some of his biggest depositors a penny.

Based on his lack of response OTHER than saying a police report is filed, would it be safe to assume he has a lawyer sat next to him.

If you still have a remaining balance on CL please tell me or post it here -

https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

If you DID NOT previously post your balance on dumbfruits thread -please tell me so.

If you want to join a collective Class Action Opportunity:

https://bitcointalk.org/index.php?topic=336217.msg3619427#msg3619427

Please let me know or voice your interest as it would need agreement from enough people to go ahead.

Perfectly Put! Either a 100% refund or a haircut with 100% transparency on the numbers - otherwise people have NO CHOICE but to pursue other options. Not asking for anything remotely unreasonable. Most people on the forum will agree with that statement but TF is staying quiet for a reason. Lawyer/Scammer/Fear who knows.. but he limits peoples options.

If you still have a remaining balance on CL please tell me or post it here -

https://bitcointalk.org/index.php?topic=341871.msg3662042#msg3662042

If you DID NOT previously post your balance on dumbfruits thread -please tell me so.
ALSO Please include your email so I can update you or request further information if required.
Anyone who has not supplied me with an email ID - just pm me it.

If you want to join a collective Class Action Opportunity:

https://bitcointalk.org/index.php?topic=336217.msg3619427#msg3619427

Please let me know or voice your interest as it would need agreement from enough people to go ahead.

If the bitcoin mafia find tf I hope they can send back all the lenders there coins.
They can have some commission of course :p

You can remove that one from the list, he's clearly a scammer who tried to look legit by posting "I too am starting my own legal proceedings against Tradefortress."
Was pretty inventive, but not enough for the unicorn. Just check his post history to see how obvious he is. :)

Coinlenders:Anonymous:20:0:U

What evidence do you have that I am a scammer?

must be scamming... Photoshop skills second to none?
http://imgur.com/Z6e9yfx (http://imgur.com/Z6e9yfx)

4000 bitcoins just gone the owner had some good website and a great way to make money then he got greedy hmmmm....


what a shame and what a scam!!!

Yep.  The only consolation is that either TF or the thief, depending on whether or not you believe his story, is going to have a hard time actually spending those coins because everyone knows they're stolen. 

Why would they have a hard time spending them?

Because we can track which addresses he's sending them to.
He would need to mix those coins really well... Or send it to some online wallet (HA!! no pun intended here) and withdraw again.

If they were sent to an online wallet such as coin jar
Do you think sites would cooperate and reveal his details?
Or would that be against there privacy statement...

Well, it's related to a crime... So they probably HAVE to cooperate.

Inputs.io: whitefang : 0.11150005 : 0 : U

We have no idea where the money is. People seem to be ignoring the crux of the issue here.
What we can track is just the 4100 BTC that TF reported stolen. We can argue all day about whether or not that money was really stolen, but that's besides the point.
Here's the issue: CoinLenders alone had at least 10,000 BTC. Inputs, CoinLenders and BTCINVEST combined, probably held at least 20,000 BTC. Maybe it was much more, we have no way of knowing. All we know is what was reported on the forums, but there could be a lot of people out there who had money with TF and never wrote anything on these forums.

We know that only a tiny fraction was returned after the hack. Where is the rest? How much is the rest? How much money is actually missing? We have no idea, but clearly the 4100 BTC that were or were not stolen are a very small part of what TF still owes.
The remaining money is probably split over multiple addresses. Much of it probably doesn't even exist in the form of money, but as debt owed to CoinLenders, ASICMiner shares, JustDice deposits, and other such assets.
Most of these investments lost much of their value lately, which is why CoinLenders was almost certainly on the verge of bankruptcy even before the alleged hack. But they are still worth something, and we will probably never see a dime of it.
That's the real money we should be focusing on, and no, we cannot track it.

inputs.io : miahallen : 10.5 : 4.4 : V

Has there been an attempt to contact the known debtors to CL? This seems to me like a very worthwhile endeavor since those people might be much more willing to cooperate than TF.   

Well, we can track some of it. I saw a little while ago that he's still getting dividend payments from a few hundred ASICMINER shares.

[CLOSED]

We will file to investigate TF in Beijing soon.

It is said TF|吴泽岳 is in china now.
If it's true, when the police get our bitcoins back they want know who they should refund.

If you have any interesting,fill a authorization letter pls.
It could be finished in 10 minutes.
http://wuzeyue.org/index_en.html#case

Don't worry about, the authorization letter won't be abused, and it can't be abused too.
I keep in touch with some of victims in china, they know who am i and where i live.

Your authorization letter could help us file to investigate TF in BeiJing,
More foreighners involved in it , more faster the Beijing police find what TF had done.

And if TF is innocent, i'm sure police could help him find the thief, it good to him too.

Getting a 403 Forbidden when trying to access the letter

Sorry, now it should be ok.

Huh? How do you guys know he's in China?

Someone told me, i'm not sure if it is accuracy.

Subscribing to this thread, I had 20 bitcoins in inputs.io

Hi JH,
Thanks for your initiative. A few comments and concerns.

First of all, the web site only mentions the 4100 BTC. However, TF disappeared with a lot more coins than that, which he hasn't even claimed were stolen. For example, TF liquidated some of BTCINVEST to CL after the hack. Also, he's still collecting dividends on a lot of BTCINVEST's ASCIMINER shares.

TF now has three classes of assets: (1) bitcoins which he owns directly, (2) bitcoins which may have been stolen, (3) and underlying assets held by others (FC and CL loaners).

Without the police, (1) is nearly lost, but we could at least dox him and make sure his tarnished reputation follows him forever. (2) is probably gone. For (3), we could ask FC to transfer ownership of his shares to BTCINVEST invenstors, and we could ask loaners to send repayment to CL investors.

The Beijing police have the same options available to us, except two more. (A) They can force FC to transfer ownership to the police, and then we try to get reimbursed from the police, or (B) they can put TF in jail. I think these additional two actions are unlikely and ineffective.

So, I'd prefer only to authorize you to keep up your investigation of him in China, but I'd prefer not to authorize the police to "take over" the investigation and beat up FriedCat :-)

Thanks!

So, do we essentially just post the amount of Bitcoin stolen from our inputs accounts along with proof?

Yeah, the authorization only authorize us to call the police in BeiJing for you.

The beijing police have to refund us if they got our bitcoins, they have no choice.
If they dont do that, there would be many people from differrent countries standing before their gate, DDoS them by spitting.

Thank you for your analysis about TF's asset, that is very helpful.

It would be better if you can provide an letter descript how TF cheat you.
Pls make it simple and brief bcz i will translate them to chinese.

We don't need more detail by now.
What we aiming at first stage is making sure the police will file this.

They should ask more when they begin investgite TF, pls keep in touching.

Hi, JohnHarmer. Could you tell us how things are going in Beijing? Is the police taking it seriously?

Every day without news is painful.

I hope your dad is not getting worse. Brain accidents are very bad, I hope you and your relatives gradually find a way to get rid of the pain and keep looking for the little pleasures of life. I tell you sincerely from the bottom of my soul.

We will submit to beijing police this week.
Some ppl only sent us CoinLenders screen capture, no authorizatioin letter.
I don't know if the police will accept this part, but we will try.

My father is better now, but the doctor told me he will never walk like before.
His cranial nerve suffered irremediable damage.

Many thanks for your concern, bradyon!

I liked the idea somebody else had, maybe it was in another thread, but what if each one of us send the authorization letter to the agent individually? Do you have his email address? Surely they understand english? Or maybe you can post letter in Chinese, we can fill it out with our personal info, and send to them directly with our screenshots of our balances?

Sounds good.
Next time brother.

can someone from aus make a site like coinjar for ltc they are the new e currency future

Still not working:

Error code: ERR_CONNECTION_RESET

sounds familiar to this case: :-[
http://www.theguardian.com/technology/2013/dec/09/recovering-stolen-bitcoin-sheep-marketplace-trading-digital-currency-money

Oh my :/ I actually just remembered about this website a few hours ago and have been trying to get access to my account. Now that I saw this thread, I have a feeling my bitcoins arent there anyway..I hope its not too late for me to post this info here, but here you go:

I forgot my username for coinlenders, but my account was registered under dkmestre@yahoo.com if that helps

dkmestre@yahoo.com:~8BTC:0:U

So do you guys think  there is any chance that I will ever withdraw my 1.6 btc from coinlenders.com?

Honestly?  No. 

Forgive and forget. Everyone moved on.

Of course one should move on, but I see no reason to forgive and forget.

It has a negative impact on society to let people get away with crime ...apparently.

This was my point. I am shocked that we allow the pace of this industry to overtake us so much that we forget how important crimes like this are. I don't care about my coins, it's the principle.

You've been ganked.  You're in good company here in the Bitcoin ecosystem.

Almost everyone who is susceptible to this style of pwnage in the first place will suck it up an move along.  The operators know this.  I'm hard pressed to think of a single TradeFortress-style crook who didn't laugh all the way to the bank and suffer zero consequences, and there have been countless people like you sit around and cry about it here on troll-talk.

My solution is and always been to have Bitcoin fit into a niche where it is, in it's native form, used primarily by people who are less prone to being punked by the likes of TradeFortress.

Justice will be served.

but how?

I hate to be the bearer of bad new but this is why we need regulation in the virtual currency space.  

If TF and his various businesses were legitimate and registered:
1.  We would actually know who TF is and where he actually operated and
2. there would be clear and specific legal recourse.

As it stands now no one seems to be certain who he is and even if we did know, like Trendon Shavors, there may be no money left to recover.

With regulated financial services, these businesses are required to hold reserves and/or insurance to prevent the loss of customer funds from fraudulent activity or bad business decision.

As is stands you have no recourse, short of a criminal investigation.

But I guess some of the crypto-anarchists and libertarians would prefer it that way, which is fine but you suffer the consequences.

You are free not to invest. No regulation required. Just use your brain. On the other hand, you are not free to not be regulated (unless a change of jurisdiction poses no problem).

All it would have taken to avoid the TradeFortress case would have been for the Bitcoin Foundation to vet it's membership.  No regulation needed.  Many people surely used TBF as a marker to gauge the reliability of Inputs.io.  Fewer suckers now I'll bet.  If anything the Bitcoin Foundation created this problem so I'm pretty skeptical of the 'solutions' they propose to correct it.

Like I've said before, 95% of the fraud problems in the Bitcoin ecosystem could be solved by users simply not trusting money to parties who they cannot identify.

It's convenient to try to co-mingle the concept of anonymity for 'users' vs. that of 'service providers', but they are the opposite of one another.  I'll look for a greater use of this mis-conception out of TBF when Coin Validation is rolled out.

The Bitcoin ecosystem needs to develop a system of bonding and robust escrow (a single-party John K. doesn't cut it here.)  Open-ledger distributed crypto-currencies are uniquely capable of supporting such constructs without any involvement from governments at all.  Eventually users will self-train to use such solutions if/when they exist...after suffering much damage along the way.

---

FWIW, I personally am not a Libertarian or an Anarchist (though I might be a 'crypto-anarchist' under certain comp-sci definitions I suppose.)  I am most aligned with Socialism though I agree with many aspects of other political philosophies.  My political interest in distributed crypto-currencies can be written off as my being rabidly anti-Fascist under the 'merger of corporate and state power' definition (and anti-Totalitarian under any definition.)

Distributed crypto-currencies are simply a mechanism to achieve a balance of power in my mind.  That is sufficient to explain why I am reluctant to rely the state to regulate malfeasance in this particular sphere.

I think you give the Foundation too much authority and power.  Scamming existed way before the Foundation existed and virtual currency
users will continue to be defrauded by businesses whether or not they are members of the foundation.



I could not agree more.


Agreed.  This is an opportunity for a service to be build on top of the protocol


This is the true benefit the protocol holds for the world.  Now if we can get the press to cut through all the FUD and start talking about that.

1. We do know who he is and his co-conspirators.

2. Where the law may fail, justice of the people may succeed :)

yes once you got stolen the best you can do is to share your misfortune on a forum.

Hi DumbFruit,

Trying to reach out to you privately regarding this address.  Would you please temporarily allow newbie's to direct message you so I can give more context?

Thanks

I’d speculate he’s a bit busy(/happy) at the moment, and rightfully so!  :o

Sounds like a good outcome in what was a very bad situation from reading the thread.  To give more context for the reasons trying to make contact.  I’ve been helping out someone who recently had a sum of bitcoin stolen from them.  The user in question, was quite naieve and in asking for help, the attacker took control via teamviewer and stole his funds. 

Have quite a lot of info on the attacker already which is positive... in following the funds, there seems to be a connection with the address above so am hoping that DumbFruit may be able to sched some light on a transaction source (hacker —> unknown —> address above, guessing this was an exchange, given the amount).  It’s information, that will significantly help with this.

The person in question, I made contact with after hearing about the hack on Reddit... he’s in a bit of a bad way given the hack and it’s ruined his life at present so any help, greatly appreciated.  I’m new to bitcointalk so if anyone can bring this to DumbFruit’s attention with a view of allowing direct messages from newbies, then it would be appreciated.  Thanks.

Ugh. I was hoping my address would fall under the radar, but I suppose that was wishful thinking. In retrospect I should've proven I had access to the address and had Tradefortress send elsewhere. In my defense, I wasn't super confident he was going to send anything.

I'm not really eager to participate in tracing coins that ended up with me. I was partially reimbursed for a (bad) investment from years ago. If you believe that those two transactions were two steps away from a scammers address, then I guess you can follow up with Tradefortress.


Busy/happy is definitely a good way to put it. Coming into money so suddenly came with a set of problems I wasn't expecting to be dealing with, but they're definitely good problems to have.

Sorry DumbFruit, I apologise for the inconvenience and do wish you the very best with what has been a great turnaround, am happy that you've had a good outcome from this.  It was google index'ing your address that brought me here.  If these are related to Tradefortress then it makes this thread even more so interesting.

It's a long shot and granted, in comparison to the volume you've been dealing with its not much, but for this kid it is a significant amount of money. He's spent years saving and investing in bitcoin, on what is a low salary, to then have it swept away in an instant.    With the existing information that we have, it could close a loop.  The transactions of interest are

hacker --> unknown --> your address
19kjtoCM9DvzQwbeyXZwe1w8vrGTYoMvwj (11BTC) --> 3KiziaS3vpq2voFCqwBR5VCc5Qa3XH1RXv --> 1CaZEHtxg7g1ECurk5VL2G6zGUBjvD6odn
1DPEhNjeGNXjYH7bxodLy8zGQegsPf8zU6 (8.45BTC) --> 3KiziaS3vpq2voFCqwBR5VCc5Qa3XH1RXv --> 1CaZEHtxg7g1ECurk5VL2G6zGUBjvD6odn

Again, I am sorry to trouble you, will you please elaborate on the source of 3KiziaS3vpq2voFCqwBR5VCc5Qa3XH1RXv ?

Before I go, for context, I'm not receiving anything for helping the individual in question, just another Bitcoin enthusiast.  When I spoke to him on reddit, and got chatting he was in quite a bad way and because of this, I've gone out of my way to try and help him.  So far, I've spent a lot of time (weeks) in summarising the events that took place and investigating possible leads.  It's a long shot but who knows, maybe with help he can also have a good outcome.

Ya the "unknown" is definitely Tradefortress, if that helps.

Thanks DumbFruit, very much appreciated.  Now to try and unravel what is going on here... it’s highly coincidental that the chain of one scam leads very shortly to another individual, associated with scamming.  Probably going to take me a little while to digest all the information and associated information there is on this person.  Seems to be mounds of context in this and other threads. 

Whoever this individual is, there has been some major mistakes made during said scam, a lot of identifying context leaked..  I am pretty confident that there will be a positive outcome on this one in time, albeit an arrest with or without return of funds.  If anyone has any context (links/information) of interest with TradeFortress then please share. 

TradeFortress, if you are reading this and are willing to elaborate on the source of the hacker funds then I’d welcome your side, after all, you do appear to be making resolutions.  For now, I give the benefit of doubt.