Bo Shen hacked? ETH, REP sold on poloniex?

[raphma]

1. It doesn't really matter, when you took the screenshot. Your candlestick was green and not detailed (and one can argue that it was dumped down to ~7,3k satoshi).
2. I am using 15m simply because its more detailed.
3. How can you argue if REP was dumped on Polo? Of course that most of the movements happened on Polo, like 70-80% of REP's trade volume is happening there. I think it was obvious that I meant the stolen REP

Sorry spartak, but saying that shows that you doesnt understand the graph.. you know what that "low:0.00010000" means? The lower EXECUTED order(AKA dumped down to 10k). So, the market crashed from 357k till 10k.. dude, 150btc traded in 15min. Do the math.


it's impossible to tell from where all that REP came, but it's just too much to be called as "market movement" or "Panic Sell". to me it's clear it was dumped there.
But like you said, future will tell.

[spartak_t]

Sorry spartak, but saying that shows that you doesnt understand the graph.. you know what that "low:0.00010000" means?

No, I don't. Can you please show me that 10k satoshi low? After all, it was your screeshot:

[raphma]

Sorry spartak, but saying that shows that you doesnt understand the graph.. you know what that "low:0.00010000" means?

No, I don't. Can you please show me that 10k satoshi low? After all, it was your screeshot:

so, that's your argument? hahaha
"your pic doesnt show" lol

when i posted this i didn't said nothing about 10k, all i said was "crashed at poloniex"... you posted sh*t trying to diminish me, later you denied and said like it wasnt possible to messure the dump.
and now that's your argument  

your pic had it, you actually pointed out how low it dumped, yet, you said like i was just speculating when i said 10k....

now i'm sure, you dont know nothing about charts.
farewell.

[spartak_t]

Sorry spartak, but saying that shows that you doesnt understand the graph.. you know what that "low:0.00010000" means?

No, I don't. Can you please show me that 10k satoshi low? After all, it was your screeshot:

so, that's your argument? hahaha
"your pic doesnt show" lol

when i posted this i didn't said nothing about 10k, all i said was "crashed at poloniex"... you posted sh*t trying to diminish me, later you denied and said like it wasnt possible to messure the dump.
and now that's your argument  

your pic had it, you actually pointed out how low it dumped, yet, you said like i was just speculating when i said 10k....

now i'm sure, i dont know nothing about charts.
farewell.

Let me try for the last time to see if you can finally grasp my point. You said:

hard to tell what is true and what is fud, but the fact is



it did crash at poloniex

I replied:

@raphma, not sure if you know what this graph shows...

You then said much yada yada. Thread is about:
1. REP hack.
2. If coins were dumped on Poloniex.

I was only trying to imply that your graph is incomplete and it can't be considered as a proof. Do you know what proof means? Not trying to act like a smartass, I only care about the details.

Nothing personal, bud. I'm not attacking anyone here on the forum (as long he's not some scam promoter/shill).

Ah, yes... and about this:

now i'm sure, you dont know nothing about charts.

I'm not sure if I know something about charts, and can't say that I'm a pro, but for what is worth: I happen to be a certificate "A" holder for activity as a broker on Sofia Commodity exchange and I have it for almost 15 years now.

Now I'm sure that you are misjudging people and their opinions.

Cheers,
Spartak

[raphma]

@raphma, not sure if you know what this graph shows...

No, I don't. Can you please show me that 10k satoshi low? After all, it was your screeshot:

I'm not attacking anyone here on the forum
..
I'm sure that you are misjudging people and their opinions.

if that's not "attacking", i really misunderstood...

You then said much yada yada. Thread is about:
2. If coins were dumped on Poloniex.

no yada yada, all the time giving the details about why i'm sure it was on poloniex(and yeah, that's just my opinion).

anyway, there's no point in extend this discussion.
cheers.

[Shiroslullaby]

Okay so who made a ton of money buying dirt cheap REP?
I was about five minutes late to grab any. Woke up and tried to transfer some BTC, transaction confirmed about two minutes after the price went back up... 

[Minecache]

Okay so who made a ton of money buying dirt cheap REP?
I was about five minutes late to grab any. Woke up and tried to transfer some BTC, transaction confirmed about two minutes after the price went back up... 

I managed to bag a few bitcoins worth just as the price started to climb. Got an extra couple hundred ETH too. Gud buying opportunity and still at decent price. Definitely worth bagging some more.

[bbc.reporter]

Okay so who made a ton of money buying dirt cheap REP?
I was about five minutes late to grab any. Woke up and tried to transfer some BTC, transaction confirmed about two minutes after the price went back up...  

Maybe Bo Shen and friends themselves, if the hack was staged like bentach mentioned. ETH and REP were going down before the incident. So why not stage a hack and make buy orders at the bottom.

We have seen the level of scamming and scheming in the cryptosphere reach new heights. Some are from people who have appeared to be influential to the community. But they ended up to be scammers.

[Shiroslullaby]

Has there been any actual news about what happened or how the supposed hack occurred?
I heard some speculation that it came from a phone being hacked, but no proof to back the claim.

Obviously if someone was able to steal several hundred thousand dollars worth of coins they are not some amateur.
I would love some information about how they were able to do this.

[buwaytress]

Either graph doesn't really seem to show ETH crashing. If anything the dump seems to have pushed the price a little higher than the average in timeframe shown.

So, true or not, the hack and dump hasn't had the expected effect. Maybe the desired one though? wink nudge

[aliceHortrex]

Looks like the hacker is trailed right now.

[szachta]

Probably open email with virus.

[Hatat]

this is just an attempted to stabilize the vaporware eth. no smart person who is smart enough would hack and dump the crap on poloniex. the story the hacker(s) dump these coins on poloniex. any reputative exchange like polo or kracken would exposed this person or handed information to authority, also limit withdrawal from none verify user is $3,000. all don't add up but then again majority of these dumb bagholders are dumb anyway to realized anything.

Maybe Bo Shen had a verified account and they had access to his 2FA, then just dumped from his own polo account and withdrew elsewhere.

That is why I do not have a verified account in Poloniex. My daily withdraw limit is $2000. It will take 60 days to withdraw my coins there.

[repdev]

Looks like the hacker is trailed right now.

If they were able enough I doubt police will catch them. Nobody is 100% safe in this world and you have to be very careful handling your funds.

[hayden]

Because of this I always like to have very low buyorders in the books for my favorite coins because you never know when the next hack might happen and someone goes to dump a lot of coins.

[asriloni]

 

1. It doesn't really matter, when you took the screenshot. Your candlestick was green and not detailed (and one can argue that it was dumped down to ~7,3k satoshi).
2. I am using 15m simply because its more detailed.
3. How can you argue if REP was dumped on Polo? Of course that most of the movements happened on Polo, like 70-80% of REP's trade volume is happening there. I think it was obvious that I meant the stolen REP

Sorry spartak, but saying that shows that you doesnt understand the graph.. you know what that "low:0.00010000" means? The lower EXECUTED order(AKA dumped down to 10k). So, the market crashed from 357k till 10k.. dude, 150btc traded in 15min. Do the math.


it's impossible to tell from where all that REP came, but it's just too much to be called as "market movement" or "Panic Sell". to me it's clear it was dumped there.
But like you said, future will tell.

You may need to learn again about how the trading chart works, LOL All of your said just shit.  Panic sell wasn't happening, and the opposite thing is to happen and augur got pumped.

[irukandji]

Probably open email with virus.

I understand he had his mobile phone hacked and his email account used that number as security

[hayden]

Probably open email with virus.

I understand he had his mobile phone hacked and his email account used that number as security

Where did you read that because ive been following the story and this is the first I hear of this phone being hacked.

[vlom]

read this:

https://twitter.com/tensorjack/status/806106178123988992
Jack Peterson ‏@tensorjack  6. Dez.
Someone hacked Bo Shen from Fenbushi Capital (early supporter of both Augur and Ethereum), stole his ETH and REP, and dumped it. [1/]
1 Antwort 66 Retweets 66 Gefällt mir
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 Jack Peterson ‏@tensorjack  6. Dez.
The same hacker has also attacked several other people involved with Augur.  In every case their MO seems to be the same: [2/]
3 Antworten 9 Retweets 11 Gefällt mir
Antworten  3   Retweeten  9  
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 Jack Peterson ‏@tensorjack  6. Dez.
se social engineering of cell-phone carriers to get your phone number, then if you have a recovery phone number enabled in your email [3/]
1 Antwort 10 Retweets 13 Gefällt mir
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 Jack Peterson ‏@tensorjack  6. Dez.
they use your phone to take over your email.  Once they have your email they can use password resets etc. to take over everything else. [4/]
1 Antwort 10 Retweets 14 Gefällt mir

[Shiroslullaby]

If I'm reading this right, they are using the recovery phone number associated with the email account to reset the email password.
This would mean they need to intercept the text that is coming to that phone number to perform the reset.

Intercepting a text message sent to a phone is not easy.
This would mean the attackers are either VERY sophisticated, like on a state actor level,
or have found some vulnerability that allows they to intercept data being sent by/ to phone carriers.