 Show Posts
|
|
Pages: [1] 2 »
|
Authorities & S.law aware of this situation.
Are you sure S.Law are aware of the situation? I haven't received any communication from them. It seems like a weird time to move the funds of the big wallets. Knowing full well that the applicable authorities are continuing to move against Paul Vernon and co. These funds are undoubtedly being monitored and traced. We know the FBI have the tools to track funds that went through mixers. 11,000 BTC is nothing to sneeze at and we all now know the keys weren't lost. I'm surprised the keys weren't abandoned or the funds returned. The stolen funds started moving early 2021 per my post here: https://bitcointalk.org/index.php?topic=1173703.msg56570148#msg56570148Did anything ever come of those? They were traceable to multiple large exchanges - I was ignored by HitBTC when I alerted them. I notified S.Law on the 5th or so when I first heard. They were already aware. Nothing ever came from those transactions as without the database we couldn't even prove they were stolen. They almost certainly were but we cant prove it definitively. Paul never even disclosed those transactions to me. I have my doubts if he ever even monitor for unapproved withdrawals like he claimed. He let them walk right in and they gave him many opportunities to stop the bleeding. Based on that timeline I was awake upgrading the reddcoin wallet as they launched their pos upgrade that night. I could have responded immediately had I been notified or had the tools to even know what was going on. Believe it or not even I never knew the full extent of what was lost. Whether or not they were in the database, it was claimed by Paul Vernon that those were implicated addresses and they should have been blacklisted by the big exchanges. The addresses are on the public record as recipients of solely stolen funds. They weren't mixed very well when moved, so were easy to trace to multiple large exchanges. S. Law should be aware of this as they were with the Coinbase funds, and should be suing those exchanges. HitBTC were directly notified within less than a week of the coins moving and did nothing about it. It's not like Coinbase who could argue to ignorance. The coins also moved to known Binance addresses. |
|
|
|
Authorities & S.law aware of this situation.
Are you sure S.Law are aware of the situation? I haven't received any communication from them. It seems like a weird time to move the funds of the big wallets. Knowing full well that the applicable authorities are continuing to move against Paul Vernon and co. These funds are undoubtedly being monitored and traced. We know the FBI have the tools to track funds that went through mixers. 11,000 BTC is nothing to sneeze at and we all now know the keys weren't lost. I'm surprised the keys weren't abandoned or the funds returned. The stolen funds started moving early 2021 per my post here: https://bitcointalk.org/index.php?topic=1173703.msg56570148#msg56570148Did anything ever come of those? They were traceable to multiple large exchanges - I was ignored by HitBTC when I alerted them. |
|
|
|
hmmm are there not taint analysis companies that would be jumping at the bit?...did the fearofmongooses secret agent guy get out the slammer?  ~stay tuned!? One would think so, but I haven't seen anyone else posting on these movements. I just have a list of transaction links in a bookmarks folder that I open periodically and take note when I see a move. I mean, surely someone reported Cryptsy and Paul Vernon to the FBI and other authorities, and surely they're on top of it, right? Can someone post a summary of these recent transactions?
Addresses / transactions in the Cryptsy blog at the time of the hack can be seen here: https://web.archive.org/web/20160325013714/http://blog.cryptsy.com/These two addresses had 100BTC incoming transactions in 2014, and weren't spent until 2020: https://www.blockchain.com/btc/address/15yRZyEyzwyNhCFBfqWBJDXsuJn9WJVhnJhttps://www.blockchain.com/btc/address/17QwFUD9awdi4JcncVrkxfDDBvEos8HU8HThese two addresses had 100BTC incoming transactions in 2014, and weren't spent until 2021: https://www.blockchain.com/btc/address/12KBnNKkEdjcojNZ7ceBhDBJWhMZbtttgrhttps://www.blockchain.com/btc/address/159m8sYcDJwPfJaVpLeKJitkQTiPKevnY4The last address to have 100BTC sent to it remains unspent here: https://www.blockchain.com/btc/address/1AA8YJ2DeYr99BS1PrsFKWC1p9hXT28dupThe reward/bounty address that Paul Vernon set up had small amounts sent to it in 2016. It was spent in February this year suggesting that even if Paul Vernon wasn't in control of the above, he is certainly in contol of the below and thus, must be alive. https://www.blockchain.com/btc/address/1KNi4E4MTsF7gfuPKPNAbrZWQvtdQBTAAaIf you follow the trail, it always ends up at an exchange. For example, if you follow the https://www.blockchain.com/btc/address/159m8sYcDJwPfJaVpLeKJitkQTiPKevnY4, you'll see that it follows a trail to Binance's hot wallet here: https://www.blockchain.com/btc/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1sThis BTC is long laundered through Binance and HitBTC. As the Class Action is now over, I'm assuming it's done and dusted as far as the lawyers on the case are concerned; they certainly haven't responded to my comms. |
|
|
|
EVIDENCE PAUL VERNON STILL ALIVE??
2 more wallets from the "hacked" transactions have been spent in the past month. See the underlined transactions below (those in bold were spent almost a year ago). Yes, these were listed by Cryptsy as stolen funds. Check the archive.org link before suggesting that they don't belong to the larger transaction with 1000BTC addresses...I know.
|
|
|
|
Yes. Check the archived blog link I posted under the note: – Update 2016/01/17 9:51pm –
Additional BTC transactions taken from another wallet on the same day: Separate transaction, same "hack" ... |
|
|
|
Coinbase-Cryptsy Lawsuit Will Head to Jury Trial https://www.coindesk.com/coinbase-cryptsy-lawsuit-will-head-jury-trial/Coinbase has lost another appeal in a lawsuit brought by former customers of the defunct cryptocurrency exchange Cryptsy, and the case will now proceed to a jury trial.
An appeals court in Georgia on Monday affirmed a lower court's denial of Coinbase's appeal of the case, which blames the company for failing to stop Cryptsy's chief executive from allegedly absconding with his customers' money.
In the case, plaintiff Brandon Leidel, who was a Cryptsy customer, claims that Coinbase should have actively helped prevent Cryptsy CEO Paul Vernon from laundering the funds through a Coinbase wallet.
Vernon allegedly used Coinbase to launder millions of dollars he is accused of stealing from his customers prior to Cryptsy's collapse, as previously reported.
Coinbase tried to negotiate the case in arbitration by pointing at user agreements Vernon signed when he first began using the wallet. However, a judge ruled last year that Cryptsy's customers are not bound by the same agreements that Vernon was, and therefore are not required to arbitrate the case.
Coinbase appealed this decision, but the appeal was denied by a district court.
The Eleventh Circuit Court of Appeals affirmed that decision Monday, writing that "Leidel does not seek to enforce the terms of the User Agreements, nor does he allege any tort rooted in an allegation that Defendant breached or facilitated a breach of any obligation uniquely imposed by those agreements." The decision went on to say:
"In other words, Leidel's claims are viable, if at all, without reference to the User Agreements, as the duties Defendant allegedly breached were not imposed by those agreements."
As a result, the court has opened the door for a jury trial in the class action lawsuit, which can now proceed to discovery.
In a statement, David Silver, a lawyer representing the plaintiffs, said "we are pleased, though not surprised, the appellate court affirmed the trial court's decision to keep this dispute in the public view ... We look forward to having Coinbase answer for its role in the millions of dollars in harm suffered by our clients; and we look forward to resolving these claims in court."
Coinbase did not immediately respond to a request for comment.
|
|
|
|
It saddens me that soon this thread will be irrelevant due to victims finally being rewarded thanks to the class action lawsuit. Everybody is once again made whole, thus no need beating this dead horse further. EL NOT!!!
if "whole" means a kick in the nuts and a joke of a pay-out, then, yeah! We'll start a new thread or FORK this one: The Hunt for Perv Vern AKA Where in the World is Wanker? PAUL VERNON Attended Shanghai Sharks v Shandong Golden Stars currently in thread 12/17/17 - (01.01.18) Last Active: 12-17-2017 as soon as I mentioned the above, this account stops posting and does not return mallocdotc (reference to c+ programming I think) I hate coincidence Yes, it's a reference to C++ programming. Not sure what you're insinuating though? nothing at all just noting a coincidence glad you back any insinuation is unwarranted, apologies Haha, no dramas. My session timed out and I hadn't logged back in. I catch up on this thread at least weekly though, so I'm up to date, just hadn't felt compelled to post anything so hadn't logged back in. |
|
|
|
It saddens me that soon this thread will be irrelevant due to victims finally being rewarded thanks to the class action lawsuit. Everybody is once again made whole, thus no need beating this dead horse further. EL NOT!!!
if "whole" means a kick in the nuts and a joke of a pay-out, then, yeah! We'll start a new thread or FORK this one: The Hunt for Perv Vern AKA Where in the World is Wanker? PAUL VERNON Attended Shanghai Sharks v Shandong Golden Stars currently in thread 12/17/17 - (01.01.18) Last Active: 12-17-2017 as soon as I mentioned the above, this account stops posting and does not return mallocdotc (reference to c+ programming I think) I hate coincidence Yes, it's a reference to C++ programming. Not sure what you're insinuating though? Edit: unedit |
|
|
|
YW  Most of us get kicked around a piece as Noobs. Enjoy your 15 minutes of.....ooops, gone! Haha. Some of us are just lurkers  I've been around since 2013. I've been following this thread for two years, I just never felt the need to post as I'd written off my losses ages ago and re-bought while the price was stupidly low. This thread had just gotten quiet, and the increase market cap of all these coins just made the whole thing interesting again so I thought I'd pipe up once I saw stolen funds value approaching $1B. |
|
|
|
Noobie Savant.
Approved.
Thank you for your approval. I'll cherish it forever. |
|
|
|
The reason he is not on those lits is because... he might be. But at the end of the day, China and the US have no extradition treaty so if he was on that list, there is nothing anyone can do about it.
Whether or not he can be extradited from China shouldn't play into whether or not he's on one of those lists. He stole what's worth $200MM now in BTC and its subsequent forks alone. That doesn't include Dash, Monero, Eth, and all the shitcoins that have blown up since his exit scam. The silver lining is that if he wasn't shitting himself after a $6MM heist, he'll be well and truly shitting himself with a $200MM heist. People will be looking for him soon and they won't be law enforcement. Do you REALLY think that people are gonna go track him down now to do him harm? Please. If anyone was gonna do it they would have a long time ago. The theft was officially reported at 10m. The value currently of the items stolen isnt important. As far as the feds are concerned (and they REALLY dont care) it was a 10m dollar deal. He got away with it, and thats all there is to it. You're right. The Feds aren't interested in putting an additional $200M in their coffer. What were we thinking? Au contraire ... The $48.2 million total proceeds means the government sold the bitcoins for an average of $334. In retrospect, the sale appears to be a matter of bad timing for the government: the price of a bitcoin was as high as $1,000 at the end of 2013 before the digital currency went into a prolonged slump until mid-2016 when it began to soar. The current price is around $4,400—meaning the Justice Department would have made around $630 million had the sale taken place today.Or ~$2.5B today. But if they recovered the stolen cryptsy funds, they would have to be returned to the origional owners... they should not become property of the government. Should.. Key term The only funds the judge ruled as belonging to the plaintiffs were the BTC in the key transaction. The US government have been otherwise proven to do what they want with their Civil Forfeiture laws. There's no reason to assume they wouldn't wield that law to their advantage and take the following: 300,000 LTC x $400 = $120MM 450,000 DSH x $900 = $405MM 11,300 BCH x $1600 = $18MM |
|
|
|
You means dudes with soft pillows and a comfy chair will be looking for Paul Vernon to exact U$200M from his scammy ass?
I reckon so, and in total it's probably closer to $1Bn when you start looking at current alt values for known stolen wallets: 300,000 LTC x $200 = $60MM 450,000 DSH x $750 = $337MM 11,300 BCH x $1400 = $16MM That's over $400MM alone, plus the $200MM BTC is $600MM. There was plenty more BTC stolen outside of that transaction too, so the market values are likely even higher. Additional to that are a bunch of unknown amounts that have seen huge value increases: XMR, VTC, UNO, to name a few. Unfortunately for victims, the class action that was supposed to support them went and sold off all the recovered wallets for peanuts too, resulting in huge loss of possible recovery funds in the process. Silver Law is claiming to be the go-to for Crypto scam class actions, but it's amateur hour over there. The whole thing is a shimozzle. I'm just glad the price was still low enough at the time that Vernon ran his exit scam for me to be able to buy back a good chunk of what I lost. It'd sure be a nice windfall to see those coins again though! |
|
|
|
The reason he is not on those lits is because... he might be. But at the end of the day, China and the US have no extradition treaty so if he was on that list, there is nothing anyone can do about it.
Whether or not he can be extradited from China shouldn't play into whether or not he's on one of those lists. He stole what's worth $200MM now in BTC and its subsequent forks alone. That doesn't include Dash, Monero, Eth, and all the shitcoins that have blown up since his exit scam. The silver lining is that if he wasn't shitting himself after a $6MM heist, he'll be well and truly shitting himself with a $200MM heist. People will be looking for him soon and they won't be law enforcement. |
|
|
|
|
This case really drives home how much law enforcement doesn't care about victims of cryptocurrency scams.
The judge ordered Vern to return the 11,325 BTC to Cryptsy customers. In today's money that's:
$130,000,000 in BTC
$20,000,000 in BCH
$3,000,000 in BTG
Notwithstanding all the other cryptocurrencies he stole and is living off right now, there's a court order for him to return crypto to the tune of $150MM.
He was a no-show in court, is somewhere in China (allegedly) on the run, and has not been heard from in 2 years. How the fuck is he not on Interpol and FBI wanted lists? Literally hundreds of millions of dollars stolen, but he's not on a wanted list somewhere. It's because that $150MM was in cryptocurrencies.
If you still hold funds on an exchange and you're not actively trading those funds, you stand to lose it all with no recourse. Get out of Bittrex, get out of Poloniex, and especially get out of Bitfinex.
|
|
|
|
Wow, I missed this launch. What's it offer that VTC doesn't already? Just an opportunity for early miners to dump? Or something more?
...read the first post and you'l see the differences, and yes uv missed the launch, the space shuttle has taken off...and we will be exiting the atmosphere pretty soon...you can still get in with some btc coz there are noobs dumping for crumbs... but unless uv got serious hash power, diff is gona b at 8.68811473 very soon so easy coins are gone im affraid... Did you read the first page? I did, and it lists no real difference. It says "multi-pool resistant" but doesn't specify how. "Difficulty Re-Target Time: Every 1920 blocks (~24 hours)" seems to suggest that it doesn't re-calc every block, doesn't have KGW, therefore isn't multi-pool resistant. It has a slightly higher Adaptive Nfactor schedule, but other than that there is no significant difference. What does this coin offer that VTC doesn't except the lack of KGW and multi-pool protection? Difficulty at 8 is low, so I'm not worried about that. I had 4MH/s on VTC at this diff and mined a couple thousand. |
|
|
|
|
Wow, I missed this launch. What's it offer that VTC doesn't already? Just an opportunity for early miners to dump? Or something more?
|
|
|
|
|
I feel sorry for anyone who bought into this scammy pre-mine already.
Some simple math on the current 6.72 billion pre-mined coins with the current 55.9BTC buy-in volume:
(6720000000/55.9)*0.00000001 = 1.20214669
So you'll be seeing a mere 20% profit if it sells at 1 satoshi. The more people who buy in, the lower the total possible profit at 1 satoshi will be. The break point for profit at 1 satoshi will be 67BTC of buy-in.
With 134.4 billion coins, it's not even worth 10 litoshi. This dev pulled a swift one here. Hats off.
Edit: another 1.5 billion pre-mined coins for the "bonus round". If alarm bells aren't ringing yet, you deserve to be had.
|
|
|
|
|
