cryptsy hacked - bigvern on cryptsy blog

[Desten]

Found one of hot wallets.
Look here: https://www.etherchain.org/account/0xc47aaa860008be6f65b58c6c6e02a84e666efe31#txsent
While user withdrawals was offline - someone who have access to cryptsy eth hot wallet withdrew that coins.

[rammy2k2]

http://blog.cryptsy.com/

Assuming its bigvern making the statement and the blog hasn't been compromised as well... which I think its him personally.

happened supposedly through a dodgy wallet... Don't they review all code?

Heh, i dont believe that at all, cryptsy always been fishy , i tried to warn users many times, he didnt got hacked, i bet on that.

[pedrog]

Millions of dollars stolen and there's not even one police agency to make a report to?

WOW, just WOW!

[marquix]

so what now theyve been telling us in chat and in messages they would resume withdrawals it's obvious on some level they've been fraudulent whether the coins were stolen by an inside job or not

exactly -- and this is a breach of duty on their part which they'll be liable for. It's a fraudulent one at that, making the owner PERSONALLY liable (including his Blockchain-based holdings which can be traced and will be) for the return of OUR (users) monies held in his train wreck that he deceptively and fraudulently concealed up to the last minute.

Not more than yet another variation of what's actually a textbook case of bankruptcy fraud and ensuing liability of Paul Vernon himself. Bad luck for him (stupidity rather). I would have thought he was smarter than that.

[TheNewAnon135246]

They should post a part of the wallet's coding to show where the backdoor was implemented.

[breakbeater]

Here it is..

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

[crazywack]

What  a bunch of incompetent MF'ers IF true....

[tutorialevideo]

This is really sad news

[BellaBitBit]

boy is this a busy night for Bitcoin - Cryptsy officially announcing some crazy Trojan stuff and Hearn being so passionate about Bitcoin that he sold his coins 

can you provide any transaction ids to prove he sold his coin?

yes, with a rant like that he should have provided proof he sold.

[seedtrue]

Terrible news to read about. I am sorry for everyone that had coins on cryptsy.

[KeriJo]

Re: [#246822] missing auroracoins
support@cryptsy.com
xxxxxxxxxxxxxxxxx@msn.com;Fri 1/15/2016 10:29 AM

Please see http://blog.cryptsy.com/ for current and future updates.


Sincerely,

Cryptsy.com

So it's all the coins not just btc and ltc.

Guess I'm out 15 cents.  lol.

Update: my balance (all 15 cents worth) has reappeared on cryptsy but wallets are "under maintainence" whatever that means.

[barrysty1e]

This is the newest Cryptsy wallet, BigVern just took the money and bailed.
What a surprise - it's moving right now!

https://blockchain.info/address/3HNSiAq7wFDaPsYDcUxNSRMD78qVcYKicw

[HeadsOrTails]

They fact that they didn't file for bankruptcy yet makes me think the story might actually be true..

Because, clearly, these are Captains of Industry 2.0: they have more identities than a drug dealer has burner phones.

Wanna know why Cryptsy was the only exchange listing Lucky7Coin? Volume? No. Popularity? Bwha! No, it's was purposely installed as a measure to keep the money. IMO the only reason we're hearing from Big Vern now is because a civil suit was filed.

[Alao]

Cryptsy has failed to explain why they aren't returning the millions of alts still stored in its cold-storage coffers.

Why not return those coins to the rightful owners?

I second this question.

He offers no explanation on this, which shows either incompetence or something else is afoot

eg seized and was selling off to get btc back to himself, so drawing down on remainder when people withdrew, so balances are fraudulent anyway or is keeping for sale.

I *feel* he may have been drawing down in the hope that he could recover enough profit to make up.

can any one confirm what alts were hard to withdraw leading up to this?

Your right.  I have 25 mill Maza locked up in there and I tried to get them out months ago.  I would do 25 999,999 transactions and they would end up only sending 1.300.  Such bull shit!!!

[Alao]

This is the newest Cryptsy wallet, BigVern just took the money and bailed.
What a surprise - it's moving right now!

https://blockchain.info/address/3HNSiAq7wFDaPsYDcUxNSRMD78qVcYKicw

How do you know this address came from Cryptsy?

[The Sceptical Chymist]

from:  blog.cryptsy.com

"Here are the transaction details from the Bitcoin wallet:

https://www.walletexplorer.com/wallet/0c07e0bec1002bd2

As you can see,  2014-07-29 13:17:36 is when the event occurred. "


So Cryptsy knew about the "theft / hack" for more than a year and did nothing about it?  Not even reporting it to authorities?  seems a bit fishy to me.

If a thief/hacker had stolen that many coins, they would have mixed them and sold them (or at least some of them) before news of the hack got out to maximize their profits - not just leaving them in the mentioned wallets waiting to be traced.

Totally fishy.  I'd almost say the story is a made up lie.  I'd be tempted to say that this is a complete inside job scam.

[rammy2k2]

This is the newest Cryptsy wallet, BigVern just took the money and bailed.
What a surprise - it's moving right now!

https://blockchain.info/address/3HNSiAq7wFDaPsYDcUxNSRMD78qVcYKicw

i tried to prevent people to stop using cryptsy for 1 year+ , but looks like just a few listened ; im not saying im a guru or something, but they always had troubles with deposits ... delayed withdrawals ... it was a warning since then

on another note, im glad i withdrawn all my coins back then , for the others, im sorry , very low chances to recover your coins

[phreaky]

I don't believe they getting hacked is the main reason. Sure they can be hacked, but the main downfall is the investigation there are in.
They need to close down the company asap.

Else they will see more problems.

[ivanst776]

Now the cryptsy exchange website is down and maybe people had money inside there, but their blog is still up

[phreaky]

Now the cryptsy exchange website is down and maybe people had money inside there, but their blog is still up

I think they do that to inform people. There are not official news channels from cryptsy.
Even their twitter account is not updated anymore.