Bitcoin Forum
November 23, 2017, 08:49:51 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Davout, the new Pirate@40. Bitcoin-central.com instawallet.org scam in progress  (Read 5672 times)
wopwop
Sr. Member
****
Offline Offline

Activity: 252



View Profile
April 08, 2013, 07:35:15 AM
 #1

Just like pirate@40, davout suddenly shutdowns his bitcoin storage service
Just like pirate@40, davout is promising to pay back everyone 'soon' (managers love this word)
Just like pirate@40, davout is disappearing

davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org

50.000 bitcoin theft just happened and people here don't even know it? wtf!

glad I didn't put my money there

oh I received a message from davout:
everyone stay calm and just wait, all is good, nothing to see here (while he's booking a ticket to panama, flipping you the finger)

davout, the first bitcoin staff member to scam the community

davout's panama wallet: clicky
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511470191
Hero Member
*
Offline Offline

Posts: 1511470191

View Profile Personal Message (Offline)

Ignore
1511470191
Reply with quote  #2

1511470191
Report to moderator
becoin
Legendary
*
Offline Offline

Activity: 1778



View Profile
April 08, 2013, 08:18:15 AM
 #2

Just like pirate@40, davout suddenly shutdowns his bitcoin storage service
Just like pirate@40, davout is promising to pay back everyone 'soon' (managers love this word)
Just like pirate@40, davout is disappearing

davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org

50.000 bitcoin theft just happened and people here don't even know it? wtf!

glad I didn't put my money there

oh I received a message from davout:
everyone stay calm and just wait, all is good, nothing to see here (while he's booking a ticket to panama, flipping you the finger)

davout, the first bitcoin staff member to scam the community

davout's panama wallet: clicky
You must be absolutely confident that he will try to pay your bitcoins in euro. At the exchange rate when you have transfered them to bitcoin-central! That's what all scammers do recently starting from BFL, Bitmarket.eu and now bitcoin-central.net

Quote
Bitcoin is not recognized as a currency.
Therefore you never made a payment.
Therefore you are not entitled to a refund.

https://bitcointalk.org/index.php?topic=137026.msg1460962#msg1460962



Zaih
Hero Member
*****
Offline Offline

Activity: 504


View Profile
April 08, 2013, 08:38:37 AM
 #3

Wow, that's nearly $10,000,000??

I guess the price rise tempted him too much. Wow Sad
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
April 08, 2013, 08:53:04 AM
 #4

Just like pirate@40, davout suddenly shutdowns his bitcoin storage service
Just like pirate@40, davout is promising to pay back everyone 'soon' (managers love this word)
Just like pirate@40, davout is disappearing

davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org

50.000 bitcoin theft just happened and people here don't even know it? wtf!

glad I didn't put my money there

oh I received a message from davout:
everyone stay calm and just wait, all is good, nothing to see here (while he's booking a ticket to panama, flipping you the finger)

davout, the first bitcoin staff member to scam the community

davout's panama wallet: clicky

Or they were honestly robbed. Ten million dollars is enough to find Davout, get an apartment near him, watch him, watch his friends, befriend him (or get hired by him), seduce him (James bond style), pretend to be his girlfriend (or boyfriend, you know modern world and all) learn his secrets, steal all the BTC.

crazier things have happened.

more or less retired.
Zaih
Hero Member
*****
Offline Offline

Activity: 504


View Profile
April 08, 2013, 09:04:17 AM
 #5

Just like pirate@40, davout suddenly shutdowns his bitcoin storage service
Just like pirate@40, davout is promising to pay back everyone 'soon' (managers love this word)
Just like pirate@40, davout is disappearing

davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org

50.000 bitcoin theft just happened and people here don't even know it? wtf!

glad I didn't put my money there

oh I received a message from davout:
everyone stay calm and just wait, all is good, nothing to see here (while he's booking a ticket to panama, flipping you the finger)

davout, the first bitcoin staff member to scam the community

davout's panama wallet: clicky

Or they were honestly robbed. Ten million dollars is enough to find Davout, get an apartment near him, watch him, watch his friends, befriend him (or get hired by him), seduce him (James bond style), pretend to be his girlfriend (or boyfriend, you know modern world and all) learn his secrets, steal all the BTC.

crazier things have happened.

I think I'll be sticking with the 'He ran off with $10m' story tbh
Tronlet
Full Member
***
Offline Offline

Activity: 224



View Profile
April 08, 2013, 09:11:59 AM
 #6

Are there any actual reasons to think that davout, who provided a service that, unlike pirateat40's obvious scam, made sense and didn't have money coming from nowhere, is scamming instawallet users?

How much has actually been stolen? I was under the impression that the story was simply that a security flaw had been discovered that was such that the service could not be reopened with the same wallets without risking theft.

Presumably all that money has been moved to a different wallet to avoid possible theft from wallets that attackers stored the private keys from, but have not yet transferred the money from.

Is there any actual reason to think that there are any current problems other than uncertainty about determining and fulfilling legitimate claims?

Everything I've seen so far seems to be just as it should be. A vulnerability was discovered that meant that any wallet could have had the private key stored. As a result, any wallet could be vulnerable, even after all service was shut down. So, davout shut down the service and transferred all the coins that hadn't been stolen yet to a different wallet.

What is the problem here so far, other than the obvious problem of the security flaw? Aside from that, everything seems to be handled as it should be.

TradeFortress
VIP
Legendary
*
Offline Offline

Activity: 910


View Profile
April 08, 2013, 09:15:11 AM
 #7

Are there any actual reasons to think that davout, who provided a service that, unlike pirateat40's obvious scam, made sense and didn't have money coming from nowhere, is scamming instawallet users?

How much has actually been stolen? I was under the impression that the story was simply that a security flaw had been discovered that was such that the service could not be reopened with the same wallets without risking theft.

Presumably all that money has been moved to a different wallet to avoid possible theft from wallets that attackers stored the private keys from, but have not yet transferred the money from.

Is there any actual reason to think that there are any current problems other than uncertainty about determining and fulfilling legitimate claims?

Everything I've seen so far seems to be just as it should be. A vulnerability was discovered that meant that any wallet could have had the private key stored. As a result, any wallet could be vulnerable, even after all service was shut down. So, davout shut down the service and transferred all the coins that hadn't been stolen yet to a different wallet.

What is the problem here so far, other than the obvious problem of the security flaw? Aside from that, everything seems to be handled as it should be.
Yes, balances over 50 BTC may not be fully reclaimed.

IF davout pays out anything at all.
ToWS
Newbie
*
Offline Offline

Activity: 14


View Profile
April 08, 2013, 09:37:06 AM
 #8

davout, the owner, just stole everyone's balance on bitcoin-central.com
Strong words wopwop.
As far as I can see Bitcoin Central is once again trading normally.
My deposits, both in EUR and BTC are exactly as they were before the site was closed last week.
It's just that my (unfortunately tiny) BTC amount is now worth double what it was.
stephwen
Member
**
Offline Offline

Activity: 83


View Profile
April 08, 2013, 10:02:56 AM
 #9

davout, the owner, just stole everyone's balance on bitcoin-central.com
Strong words wopwop.
As far as I can see Bitcoin Central is once again trading normally.
My deposits, both in EUR and BTC are exactly as they were before the site was closed last week.
It's just that my (unfortunately tiny) BTC amount is now worth double what it was.
Haye you tried withdrawing BTC or EUR?
tvbcof
Legendary
*
Online Online

Activity: 2324


View Profile
April 08, 2013, 10:14:27 AM
 #10

...
oh I received a message from davout:
everyone stay calm and just wait, all is good, nothing to see here (while he's booking a ticket to panama, flipping you the finger)
...




Tronlet
Full Member
***
Offline Offline

Activity: 224



View Profile
April 08, 2013, 10:20:56 AM
 #11

Yes, balances over 50 BTC may not be fully reclaimed.

IF davout pays out anything at all.

Balances under 50 BTC may not be fully reclaimed either. All they've said is that wallets with more than 50 BTC will be handled differently, which makes sense. They haven't released any information on how exactly they will be handled.

Quote
INSTAWALLET SERVICE NOTICE

In the next few days we are going to open the claim process for Instawallet balance holders to claim the funds they had stored before the service interruption.

Important information on claims submission:

For the first 90 days we will accept claims for individual Instawallets. Your wallet's URL and key will be used to pre-populate a form to file the claim.
After 90 days, if no other claim has been received for the same url, your Instawallet balance under 50 BTC will be refunded. If several claims have been filed for the same url, we will process those claims on a case by case basis, under the presumption that the claim we received first belongs to the legitimate balance holder.
Claims for wallets that hold a balance greater than 50 BTC will be processed on a case by case and best efforts basis.

There is are a couple of valid suspicions to hold, one of which is that it's taking oddly long to implement what should be a fairly simple claims process of "give use the details associated with your wallet and if no one else wants it you get it". However, this could be just because davout really really wants to make sure there aren't any security flaws in this claims process, after he fucked up the service itself so royally. So that's not currently a huge suspicion of mine, but time will tell.

The most valid suspicion, I would say, is that davout intentionally did this and intends to do everything legitimately from here on out, but engineered this specifically to make money off the wallets that never get claimed.

becoin
Legendary
*
Offline Offline

Activity: 1778



View Profile
April 08, 2013, 11:39:44 AM
 #12

All they've said is that wallets with more than 50 BTC will be handled differently, which makes sense.
In Cyprus they've said that wallets with more than 100 000 EUR will be handled differently. Does it really make sense?
Tronlet
Full Member
***
Offline Offline

Activity: 224



View Profile
April 08, 2013, 11:42:59 AM
 #13

All they've said is that wallets with more than 50 BTC will be handled differently, which makes sense.
In Cyprus they've said that wallets with more than 100 000 EUR will be handled differently. Does it really make sense?
"We're going to be more careful giving back wallets worth 50 BTC or more, instead of just giving them out to someone lucky enough to falsely claim and have the original owner not get to it within 90 days."

Yes, that makes sense.

brenzi
Member
**
Offline Offline

Activity: 101


View Profile
April 09, 2013, 01:37:26 PM
 #14


davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org

50.000 bitcoin theft just happened and people here don't even know it? wtf!

I've withdrawn all my bitcoins (<5 BTC) from bitcoin-central and the withdrawal was processed today 8:00am (with >24h delay). My balance was correct and I got my bitcoins. So there is no scam at all. Please correct your thread title!


Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
April 09, 2013, 02:11:56 PM
 #15

90 days would be enough to buy a 'diplomatic passport' somewhere in the world, and retire to a tropic island. Nobody would ever find him. :\
Boussac
Legendary
*
Offline Offline

Activity: 1182


e-ducat.fr


View Profile WWW
April 09, 2013, 02:27:15 PM
 #16


davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org


This is a false accusation, totally unfounded (no one lost money).

wopwop is a paid troll..

Tronlet
Full Member
***
Offline Offline

Activity: 224



View Profile
April 09, 2013, 02:45:02 PM
 #17

Yeah, wopwop's been posting a lot of nonsense around the forums, I've noticed. Was surprised they hadn't yet, but it looks like their Ignore button is starting to gain a lovely color to it.

Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
April 09, 2013, 05:32:26 PM
 #18


davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org


This is a false accusation, totally unfounded (no one lost money).

If noone lost money, why would not all instawallet users get 100% funds back ?
becoin
Legendary
*
Offline Offline

Activity: 1778



View Profile
April 09, 2013, 06:48:06 PM
 #19

This is a false accusation, totally unfounded (no one lost money).
Déjà vu...
The owner of Bitmarket.eu says the same to his customers - Your bitcoins are not lost. They are "frozen". I'll repay them whenever I can in euro... at the exchange rate when you sent them to your account with bitmarket.
tvbcof
Legendary
*
Online Online

Activity: 2324


View Profile
April 09, 2013, 07:02:26 PM
 #20


davout, the owner, just stole everyone's balance on bitcoin-central.com and instawallet.org


This is a false accusation, totally unfounded (no one lost money).

wopwop is a paid troll..

Evidence?

When it comes to unfounded accusations, 'what's good for the goose is good for the gander.'


Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!