BitFloor exchange robbed of US$250,000, all trading halted
Summary: BitFloor has been robbed an amount equivalent of a quarter of a million US dollars, and has forced to halt all trading while it assesses whether it can recoup its losses and continue operating.
Michael Lee
2012-09-05
http://www.zdnet.com/bitfloor-exchange-robbed-of-us250000-all-trading-halted-7000003736/The fourth largest BitCoin (BTC) exchange market BitFloor has temporarily ceased trading and shut down, following an attack that has seen over US$250,000 stolen from the pool of coins that the organisation uses to execute trades.
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Shtylman said that the loss may result in BitFloor folding its operations; however, that would be a last resort measure. If he decides to take that option, Shytlman has said that he still has logs of all the accounts, trades and transfers, which will allow him to make account repayments to BitFloor customers using the exchange market's remaining funds.
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