CRYPTSY stopping withdraw locking accounts without notifying users! Class Action

[GoldSeal]

New update!!
http://blog.cryptsy.com/post/137323646202/annoucement

Show of hands ? How many people are genuinely surprised ?

About time they came clean.

I am a bit surprised how utterly idiotic this is. Poor security practices, trying to conceal huge loss, letting the site bomb completely before coming clean... but yeah, a hack was something most predicted.

Ya like he takes a pre-compiled LuckCoin wallet and runs it on his machine with ties to millions in customer funds ?
Further more i already heard waaaay back that they have to compile the wallets themselves so that has to be a lie !

This is how it worked.  You send a github link to Mullick and he compiles it for their server.

Just because they compile it themselves doesn't mean that they do a full code review.

[Pmalek]

[/quote]

I love it  


What was the purpose of debit cards when they didnt have anything to withdraw? All this moves Cryptsy made in the last 6m amaze me.

[RoyalSands]

New update!!
http://blog.cryptsy.com/post/137323646202/annoucement

Show of hands ? How many people are genuinely surprised ?

About time they came clean.

I am a bit surprised how utterly idiotic this is. Poor security practices, trying to conceal huge loss, letting the site bomb completely before coming clean... but yeah, a hack was something most predicted.

Ya like he takes a pre-compiled LuckCoin wallet and runs it on his machine with ties to millions in customer funds ?
Further more i already heard waaaay back that they have to compile the wallets themselves so that has to be a lie !

This is how it worked.  You send a github link to Mullick and he compiles it for their server.

Just because they compile it themselves doesn't mean that they do a full code review.

Correct

[Spoetnik]

Bitcoin tanking like a motherfucker guys !

https://bitcoinwisdom.com/markets/btce/btcusd

News related ?

[RoyalSands]

Did I mention that I'm a bit upset?

[ph4nt0m]

New update!!
http://blog.cryptsy.com/post/137323646202/annoucement

Show of hands ? How many people are genuinely surprised ?

About time they came clean.

I am a bit surprised how utterly idiotic this is. Poor security practices, trying to conceal huge loss, letting the site bomb completely before coming clean... but yeah, a hack was something most predicted.

Ya like he takes a pre-compiled LuckCoin wallet and runs it on his machine with ties to millions in customer funds ?
Further more i already heard waaaay back that they have to compile the wallets themselves so that has to be a lie !

No real exchange runs precompiled wallets. First, they use Linux for backends. Windows is plain insecure. Second, to fire up a wallet released by an unknown dev without a code review? Never going to happen.

[romeshomey]

What does Cryptsy do with everyones coins that are currently on the site.  Do they take them and resell them on other alt markets to recover their losses?  

So they are upset that someone stole BTC and LTC but they are willing to take ALL of the other coins currently in their wallets and withhold them from their owners in the same way someone else is holding their BTC and LTC?

[RoyalSands]

New update!!
http://blog.cryptsy.com/post/137323646202/annoucement

Show of hands ? How many people are genuinely surprised ?

About time they came clean.

I am a bit surprised how utterly idiotic this is. Poor security practices, trying to conceal huge loss, letting the site bomb completely before coming clean... but yeah, a hack was something most predicted.

Ya like he takes a pre-compiled LuckCoin wallet and runs it on his machine with ties to millions in customer funds ?
Further more i already heard waaaay back that they have to compile the wallets themselves so that has to be a lie !

No real exchange runs precompiled wallets. First, they use Linux for backends. Windows is plain insecure. Second, to fire up a wallet released by an unknown dev without a code review? Never going to happen.

If Mullick reviewed the code on every wallet then he was one fast motherfucker.

Also, I know for a fact that he approved at least one wallet for a coin that had a hidden premine.  Someone else figured it out after it had been live for quite some time.

[Spoetnik]

So basically Mullick approved the Lucky7Coin wallet that was infected.  That was his job after all.

NO they said on chat before they get the code and compile it..
So they got source code and missed the Trojan ?

Do you guys think Exchanges just go to Bitcointalk forums and download every Windows QT that gets posted ? LOL

[RoyalSands]

So basically Mullick approved the Lucky7Coin wallet that was infected.  That was his job after all.

NO they said on chat before they get the code and compile it..
So they got source code and missed the Trojan ?

Do you guys think Exchanges just go to Bitcointalk forums and download every Windows QT that gets posted ? LOL

Well I know he did exactly that on at least one occasion.  I sent him the link, lol.

[ph4nt0m]

New update!!
http://blog.cryptsy.com/post/137323646202/annoucement

Show of hands ? How many people are genuinely surprised ?

About time they came clean.

I am a bit surprised how utterly idiotic this is. Poor security practices, trying to conceal huge loss, letting the site bomb completely before coming clean... but yeah, a hack was something most predicted.

Ya like he takes a pre-compiled LuckCoin wallet and runs it on his machine with ties to millions in customer funds ?
Further more i already heard waaaay back that they have to compile the wallets themselves so that has to be a lie !

No real exchange runs precompiled wallets. First, they use Linux for backends. Windows is plain insecure. Second, to fire up a wallet released by an unknown dev without a code review? Never going to happen.

If Mullick reviewed the code on every wallet then he was one fast motherfucker.

He was a slow one actually. However he didn't need to do a complete review on every wallet update. He only needed to browse though those last commits. Look at that shitcoin:

https://github.com/alerj78/lucky7coin/commits/master

Two last ones are harmless, however "Import lucky7coin" is fishy. Not a fork, not a rebase, just an import of who knows what. If they let it in, they were idiots in crypto business.

[GoldSeal]

So, I guess offering 6.5% for Cryptsy BTC would have been a good deal for some of you folks afterall.

[Gleb Gamow]

In fact, I’m offering a bounty of 1000 BTC for information which leads to the recovery of the stolen coins.

If you happen to be the perpetrator of this crime, and want to send the coins back no questions asked, then you can simply send them to this address:
 
1KNi4E4MTsF7gfuPKPNAbrZWQvtdQBTAAa

If they are returned, then we will assume that no harm was meant and will not take any action to reveal who you are.  If not, well, then I suppose the entire community will be looking for you.

"10-4. Paul Vernon's not filing a report for the millions stolen, opting to have the cryptocurrency community handle the investigation. But, I did site him for having an unlicensed stripper pole in his living room. From the blood stains and Texas cowboy hat, I'd say its been used frequently and recently."

I predict that the thief is scared master-P-shitless right about now and will return the stolen funds keeping a 1000 BTC as his reward - unbeknownst to his estranged wife. HAHAHA

[Spoetnik]

Considering the chat box is gone.. if any one wants to keep in touch: @BTCFailWhale On twitter Polo on ocasion

God Speed yall.. seriously.

a LOT of guys filled up the IRC channel for Cryptsy eh

Link to it in my SIG

[RoyalSands]

New update!!
http://blog.cryptsy.com/post/137323646202/annoucement

Show of hands ? How many people are genuinely surprised ?

About time they came clean.

I am a bit surprised how utterly idiotic this is. Poor security practices, trying to conceal huge loss, letting the site bomb completely before coming clean... but yeah, a hack was something most predicted.

Ya like he takes a pre-compiled LuckCoin wallet and runs it on his machine with ties to millions in customer funds ?
Further more i already heard waaaay back that they have to compile the wallets themselves so that has to be a lie !

No real exchange runs precompiled wallets. First, they use Linux for backends. Windows is plain insecure. Second, to fire up a wallet released by an unknown dev without a code review? Never going to happen.

If Mullick reviewed the code on every wallet then he was one fast motherfucker.

He was a slow one actually. However he didn't need to do a complete review on every wallet update. He only needed to browse though those last commits. Look at that shitcoin:

https://github.com/alerj78/lucky7coin/commits/master

Two last ones are harmless, however "Import lucky7coin" is fishy. Not a fork, not a rebase, just an import of who knows what. If they let it in, they were idiots in crypto business.

hmm interesting.  r u Patrick?

[Spoetnik]

@BigVern

POST
THE
TROJAN
WALLET

[WhaleOrNot]

Considering the chat box is gone.. if any one wants to keep in touch: @BTCFailWhale On twitter Polo on ocasion

God Speed yall.. seriously.

a LOT of guys filled up the IRC channel for Cryptsy eh

Link to it in my SIG

Heh nice try, but "homie dont play IRC"

[presstab]

@BigVern

POST
THE
TROJAN
WALLET

https://github.com/alerj78/lucky7coin/issues/1

[RoyalSands]

@BigVern

POST
THE
TROJAN
WALLET

I think it is on github

edit:  see post above this one

[Gleb Gamow]

In fact, I’m offering a bounty of 1000 BTC for information which leads to the recovery of the stolen coins.

If you happen to be the perpetrator of this crime, and want to send the coins back no questions asked, then you can simply send them to this address:
 
1KNi4E4MTsF7gfuPKPNAbrZWQvtdQBTAAa

If they are returned, then we will assume that no harm was meant and will not take any action to reveal who you are.  If not, well, then I suppose the entire community will be looking for you.

"10-4. Paul Vernon's not filing a report for the millions stolen, opting to have the cryptocurrency community handle the investigation. But, I did site him for having an unlicensed stripper pole in his living room. From the blood stains and Texas cowboy hat, I'd say its been used frequently and recently."

I predict that the thief is scared master-P-shitless right about now and will return the stolen funds keeping a 1000 BTC as his reward - unbeknownst to his estranged wife. HAHAHA

Some may ask why we didn’t report this to the authorities when this occurred, and the answer is that we just didn’t know what happened, didn’t want to cause panic, and were unsure who exactly we should be contacting.   At one time we had a open communication with Secret Service Agent Shaun Bridges on an unrelated matter, but I think we all know what happened with him – so he was no longer somebody we could report this to.    Recently I attempted to contact the Miami FBI office to report this, but they instead directed me to report it on the I3C website.  I’ve not heard anything from them.

I think the only real people who can assist with this are the people of the Bitcoin community itself.

WTF!!!!!!!!!!!!!!!!!!!!!!!!!

I was only joking that Paul didn't report this to the police, just now reading the next paragraph.

Seriously guys, I'm beside myself on this revelation.

This is the only post I need as proof that the funds stolen from Cryptsy are in Paul Vernon's control. Paul Vernon offered up a 1000 BTC reward to have the funds returned to him and that's what I'm doing here: Paul Vernon, you have been returned all the funds and are now in your control in other wallet addresses in your control since the time the funds were stolen. I'm glad that I was instrumental in reuniting the stolen funds back to your control. I look forward to my 1000 BTC reward. Bless you, good buddy, bless you.