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Author Topic: BTER stole my bitcoins!!! Still owes users BTC from the hack!  (Read 700 times)
wutrigy
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August 16, 2016, 05:28:29 PM
 #1

BTER has been hacked a year ago, and many users lost their Bitcoins. BTER is working fine and they returned minor amount of the owed funds a few weeks after the hack to calm people. Over one year has passed, and they didn't return and more of it - they still owe me 1.7BTC !!!

http://imgur.com/a/7h3sJ

There is no information or news regarding stolen funds nor do they answer any support tickets or emails regarding that. Complete silence...

Anyone have any information? I would stay away from trading at BTER, don't know when you can lose your funds...
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August 16, 2016, 05:32:15 PM
 #2

BTER has been hacked a year ago, and many users lost their Bitcoins. BTER is working fine and they returned minor amount of the owed funds a few weeks after the hack to calm people. Over one year has passed, and they didn't return and more of it - they still owe me 1.7BTC !!!

http://imgur.com/a/7h3sJ

There is no information or news regarding stolen funds nor do they answer any support tickets or emails regarding that. Complete silence...

Anyone have any information? I would stay away from trading at BTER, don't know when you can lose your funds...

well, i was checking out some exchanges to do some tests on trading. BTER was on my list, but now i will skip it. thank you for you post and as you see that result of it is that i will not use this service.

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August 16, 2016, 05:35:59 PM
 #3

Well, that's the risk with exchanges... I'd take that money as a loss. If it comes back, it's an extra.


BTER has been hacked a year ago, and many users lost their Bitcoins. BTER is working fine and they returned minor amount of the owed funds a few weeks after the hack to calm people. Over one year has passed, and they didn't return and more of it - they still owe me 1.7BTC !!!

http://imgur.com/a/7h3sJ

There is no information or news regarding stolen funds nor do they answer any support tickets or emails regarding that. Complete silence...

Anyone have any information? I would stay away from trading at BTER, don't know when you can lose your funds...

well, i was checking out some exchanges to do some tests on trading. BTER was on my list, but now i will skip it. thank you for you post and as you see that result of it is that i will not use this service.

BTER has been known to have some issues for quite some time.
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August 16, 2016, 05:39:07 PM
 #4

Volumes on there have dwindled to piddling amounts so even if they wanted to pay you back, they're not making the fees that'll enable them to. Or rather they're not going to give you the coins they stole.

I'm amazed it's still limping on. There's no incentive for the owners to keep running it other than the occasional theft for old time's sake.
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August 16, 2016, 05:42:50 PM
 #5

Never tried this site BTER because its not well know exchange site .. did you try to contact them via pm maybe they have some bugs or something thats why its happen to you.
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August 16, 2016, 05:43:14 PM
 #6

BTER is always shit scam exchange, i never put a penny there.   Grin
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August 16, 2016, 06:02:32 PM
 #7

BTER is always shit scam exchange, i never put a penny there.   Grin
I heard many times in BTER about the issue the same as your but i dont know if they are already solve the issue.. so for those who members there better to beware because it can be happen too in the others.
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August 16, 2016, 06:06:02 PM
 #8

It is very hard for any exchanger to wake up from the hack and it is same for bter and i am quite sure many have already lost hope of getting their bitcoin back from bter. Bitfinex may also face same situation like BTER is facing now in future.

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August 16, 2016, 06:10:07 PM
 #9

It is very hard for any exchanger to wake up from the hack and it is same for bter and i am quite sure many have already lost hope of getting their bitcoin back from bter. Bitfinex may also face same situation like BTER is facing now in future.


This hack has happened more than 2 years ago and they still haven't been recovered these funds neither they have earned from the exchange fee through this time? I think that they will never conpensate these money, from the pic above it seems that only 9.76% were sent back to the users. Bifinex is more popular and they have already returned 70%+ to their users and I believe that they will send the rest shortly.
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August 18, 2016, 03:19:06 PM
 #10

actually some of their users have problem regarding their funds on Bter since these exchange was hacked 2 years ago and unfortunately Bter wasn't solved this problem and since that many people will avoid Bter including me and i think this is good lesson for OP that do not trust 100% to exchange
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August 18, 2016, 03:20:46 PM
 #11

BTER was an exchange? Never heard of them. They must of not been that big.
Glad I never had heard of them in the first place. Smiley

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August 18, 2016, 03:23:30 PM
 #12

These exchange scams will be the end of crypto if the community don't take actions against them. Soon there won't be anybody left who didn't get scammed by exchanges and i don't think those scammed people will come back and join the game again. They will think whole crypto as scam and stick to their FIAT.




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August 18, 2016, 03:29:38 PM
 #13

I had to check my BTER account to make sure about this, but they never returned "anything" to anybody. they have only returned a number to your account as your previous bitcoin balance and called it BTC_B or BTC pending
Quote
Notice: The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss.

and if you check it you can see that this amount is not withdraw-able. it says BTC_B withdrawal is disabled.
in fact they never recovered from 7700BTC theft.

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August 18, 2016, 06:37:25 PM
 #14

BTER has been hacked a year ago, and many users lost their Bitcoins. BTER is working fine and they returned minor amount of the owed funds a few weeks after the hack to calm people. Over one year has passed, and they didn't return and more of it - they still owe me 1.7BTC !!!

http://imgur.com/a/7h3sJ

There is no information or news regarding stolen funds nor do they answer any support tickets or emails regarding that. Complete silence...

Anyone have any information? I would stay away from trading at BTER, don't know when you can lose your funds...
this exchange sometimes acts pretty fishy, i have heard the occasions when people lost some money with it unfortunately we cannot do anything about it

 
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August 18, 2016, 06:41:30 PM
 #15

BTER has been hacked a year ago, and many users lost their Bitcoins. BTER is working fine and they returned minor amount of the owed funds a few weeks after the hack to calm people. Over one year has passed, and they didn't return and more of it - they still owe me 1.7BTC !!!

http://imgur.com/a/7h3sJ

There is no information or news regarding stolen funds nor do they answer any support tickets or emails regarding that. Complete silence...

Anyone have any information? I would stay away from trading at BTER, don't know when you can lose your funds...
this exchange sometimes acts pretty fishy, i have heard the occasions when people lost some money with it unfortunately we cannot do anything about it
Honestly this is site for me is not well know never heard that site.. i am not trusting  the exchange site if they are not so very active here in our forum like yobit but the problem is delay support. or worst support..

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August 18, 2016, 06:43:38 PM
 #16

I stopped using their service after that hack and luckily all funds were into altcoins and got withdrew these to my wallets, I don't think it make any sense to keep using this exchange after this kind of scammy attempt, we have some very good exchanges to use their services but now I don't keep my funds into any exchange.
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August 19, 2016, 07:46:25 AM
 #17

I stopped using their service after that hack and luckily all funds were into altcoins and got withdrew these to my wallets, I don't think it make any sense to keep using this exchange after this kind of scammy attempt, we have some very good exchanges to use their services but now I don't keep my funds into any exchange.

exactly, especially since all of their markets seems to be dead. i don't really understand why would anybody want to use their services anymore. the only alive market is CNY and that is mostly fake volume because people trade CNY on okcoin and other good Chinese exchanges not a hacked/dead exchange like bter.

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August 19, 2016, 11:35:49 AM
 #18

BTER has been hacked a year ago, and many users lost their Bitcoins. BTER is working fine and they returned minor amount of the owed funds a few weeks after the hack to calm people. Over one year has passed, and they didn't return and more of it - they still owe me 1.7BTC !!!

http://imgur.com/a/7h3sJ

There is no information or news regarding stolen funds nor do they answer any support tickets or emails regarding that. Complete silence...

Anyone have any information? I would stay away from trading at BTER, don't know when you can lose your funds...
this exchange sometimes acts pretty fishy, i have heard the occasions when people lost some money with it unfortunately we cannot do anything about it
Honestly this is site for me is not well know never heard that site.. i am not trusting  the exchange site if they are not so very active here in our forum like yobit but the problem is delay support. or worst support..
Bter is the one exchanger trusted formerly safe enough but I no longer do trading altcoin since i lost due litecoin price down.
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August 20, 2016, 08:14:43 PM
 #19

I had to check my BTER account to make sure about this, but they never returned "anything" to anybody. they have only returned a number to your account as your previous bitcoin balance and called it BTC_B or BTC pending
Quote
Notice: The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss.

and if you check it you can see that this amount is not withdraw-able. it says BTC_B withdrawal is disabled.
in fact they never recovered from 7700BTC theft.

Ouch, I never knew the "hack" was for such a large amount. An exchange as small as BTER can't expect to ever pay that back, especially after traders predictably stop using their exchange and they can't generate much in fees anymore.

This sounds a lot like what Vircurex did. I wonder if Vircurex is still around..... I imagine they didn't pay people back either.

 
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