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Author Topic: Alitin Mint Adam Smith Coins compromised!  (Read 4125 times)
bitenvy
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March 05, 2017, 07:38:10 PM
Last edit: March 07, 2017, 06:07:57 AM by bitenvy
 #1

I'm getting rather tired of Bitcoin physical coin manufacturers scamming the Bitcoin community!   Angry

Alitin Mint has become the next on the list of scammers!  Please check your coin addresses if you own any coins made by them.  My Adam Smith 2BTC coin balance was stolen on February 26th, 2017!

My coin address:  https://blockchain.info/address/1FxH5pJcgX6VrJYb7pweXUjEMSX1naero9

My coin is still in the sealed protective case and has been since 2014.



Alitinmint.com is no longer available.  Not sure if they were compromised or if they stole the funds.  Either way, they are now responsible for the loss of the funds.  

    Name: Richard Forsyth
    Organization: Alitin LLC
    Street: 1531 E. Brandford Parkway
    Street: Suite 230
    City: Springfield
    State/Province: Missouri
    Postal Code: 65804
    Country: United States
    Phone: +1.4174895200
    Email: NA

I have contacted Richard Forsyth and JR Forsyth and await a response.  

 Angry

EDIT:
I have decided to put all the compromised (stolen coin) addresses I have found in my first post for visibility.

66 COINS!

Here is the list of addresses that I think the funds have been stolen (and verified username, if applies):

https://blockchain.info/address/1QLQDk2KotPqqBjQQK9atEqmmmjBZySPwc --> BurtW
https://blockchain.info/address/18maxv3kVNNKUE9NZhcYcfHhcRrtSXC8eE --> bonefix
https://blockchain.info/address/17Qn7Y27xpAgtjEefEknwpFcLnpCiK4tSA --> bithalo
https://blockchain.info/address/1BCgfLnJiJFvckMKRwcJa32tarsi7TD3QF
https://blockchain.info/address/1DXjC2oKNsQbtHzWDEgzuMyoeaMtAr1r44
https://blockchain.info/address/1FxH5pJcgX6VrJYb7pweXUjEMSX1naero9  --> bitenvy
https://blockchain.info/address/13Y8zQHtorD1uSRuSvuxFxLMB6Qq8fVKTJ
https://blockchain.info/address/1JxjKfA2EhJo4Hd8yD7NQSTqxGjJ4UNBXH -->  msin
https://blockchain.info/address/13bbV8kaFs8kQTiJFGxVnpFiMXwjk5XPpw
https://blockchain.info/address/1Ctebt6wCrW7EMR2DTu75Tzzc2wEbZU6Sb
https://blockchain.info/address/16cXpHf87Y8mENGKGD4PyaJsVo1pdtm198
https://blockchain.info/address/1EBf3H6oukihFbDwX4xCShQsQF9j5PQD9p
https://blockchain.info/address/18t1hPWGT2iLAnK4Nt4wYTbuqUYAD9R9hC  --> worldtreasurefinders
https://blockchain.info/address/1F85aCkDHL4dBTbZkxBGwptjsHSv2WCNfr
https://blockchain.info/address/1K2cio3dVFrk76yvKosDTdzmKWE2DFT1Kw
https://blockchain.info/address/1GLNq4tvHr5Sm6aSnxKe3ybMutb2J3rFt2
https://blockchain.info/address/1B25QYDjCCk7qxGXgd8Kfm3SeATySxRwZs
https://blockchain.info/address/13iAiSxEtDSBfF7XbxraLhnhasRBrTrHZF

https://blockchain.info/address/1Emq52ZTBWC4Qh24FP5TMSThnAu6kGdmy
https://blockchain.info/address/172xh9w84E7rDF13dTVCC5XMkC11n8LYQg
https://blockchain.info/address/129kihbjRChoy1AX5RuNdBAFUU36KUWTZr
https://blockchain.info/address/15iLakai3bsiBWXCVRTkDzeiUgL6b2yFth
https://blockchain.info/address/189nyDxDHJk81HL6kGJryNA5fsXW18h3nm
https://blockchain.info/address/15XBjwnG6VQNQW5FCz1w54mttuxPxLkNow
https://blockchain.info/address/12ZgkjLqvuVPLt6JaFUGBGUyt4kyibChVa
https://blockchain.info/address/1GSrNTwCBJL6TxZm481P12SR1LcHSH1f85 --> msin
https://blockchain.info/address/1AwNFaz38irKbpzy7inkCYHJXv9QvDcuym --> cryptodechange
https://blockchain.info/address/1CDLbRKvh53j795zZDrFyduPj9AqZ1ERQC
https://blockchain.info/address/12THLcCXqBbTgFA9vM4qHPbkidda2ULgYS
https://blockchain.info/address/1HBS9BtNtnViVJydbAMHeawCWxshPEXKLh
https://blockchain.info/address/1Mh1Vvr5BtwA1s3GH3Dr7bfbao6sZdCmRJ
https://blockchain.info/address/1HaWwdwN3irpWtxaPvaoL4eGuZhcGqzPMz
https://blockchain.info/address/14D2HdBqvaiDS34SCGJ45A1N9AXDimisBg
https://blockchain.info/address/12WJE6CRWC47gzZQgJpC7CSxqteTaLvhBd

https://blockchain.info/address/1b7wKzbFSm4U5KMVCD88EuhXVvK1ZAzk1
https://blockchain.info/address/1BEKYbfh2FMTbjanWLSAZw3kxrpiLShVVp
https://blockchain.info/address/1LtGmmAkXo3DtqzpAZoMMVu6uZFRuXYpP5
https://blockchain.info/address/1KBy7s2cFaewBjEczTUxNpsPcjXsC5SibD

https://blockchain.info/address/1LwL1uE4FQS7Moc1AzxHYPBup5ucbq1mNU
https://blockchain.info/address/1A8rRSXmQx9bsV1WhpoQx2ZcKzFZxSjUMm
https://blockchain.info/address/1DKyy7sUs9Sc3khwK69f1vH8yVeR7LK3Kg
https://blockchain.info/address/1H5uvoQuv2P1G9gYtj1Wod24TX29gAsbox
https://blockchain.info/address/12aQG3VLZiY6GFwQ2M4jyAh4oK7kGJoK2f
https://blockchain.info/address/1JAeL1qZmEuXaL8XQWWmKTAjt3ZF38g6Rk
https://blockchain.info/address/1KftRz6WoLHaEZW3ZEJpckKyUCCs74ZBiD
https://blockchain.info/address/1Hu2p4qcDeCho8UggvQPrGeehWwWkbrtAf
https://blockchain.info/address/15LqzxX6Md4iwyGboWB8UedYM3JuqDBmib

https://blockchain.info/address/18GU8tjGyR7uwrUAMV2cpF14QdFdYfMaai
https://blockchain.info/address/14Qi3PcrPctt7E2VwBw33V4BwnXeDbg1qp

https://blockchain.info/address/1imZGYfzgca4MaX8NjPJpBQWGFqL3GjwR
https://blockchain.info/address/1oACKoxLFWm5yZfL4aUA4TipAG53eE6QK
https://blockchain.info/address/1F7JiKn15X29bBTxG4SkSDJgtCVx8iwam8
https://blockchain.info/address/1Dqck66Bbuc7WDP73XrGmeUAxPNCWfX12
https://blockchain.info/address/1K2hc5aYQ5ASVqBu5NfHTSiiKFTjhyeXbM
https://blockchain.info/address/1PWfrQhQZ5ph3ZKzA27TArYJZytDB9BTQm
https://blockchain.info/address/1Fh1LB1eBqBtVyBrvZg7xnqmSN84rzWa5G

https://blockchain.info/address/1NiFc47UBdSPotKve9wSnQeLGuNQhd5NA1
https://blockchain.info/address/17bFHy41efk5GfNnH9fvHhh4yfpmTBAJMe
https://blockchain.info/address/12vwV7ySuxtss26WKqBFXzNtnMoemgERhK
https://blockchain.info/address/1NsjoNxC5izhti926rXT6Jr4kJxBASQArC
https://blockchain.info/address/18qz8gELaKgtJRU8n3bRqhtAzbH71zxoxY
https://blockchain.info/address/1FFsifLUW1Tkvof6M4y6XyvtfmPjnDYmuy
https://blockchain.info/address/1vx4myJo21XuYbUeVKQhgiQ5axzE6JJAU
https://blockchain.info/address/1NNhvxuppiU3WnQSHRmA74qwGfMCvaNyza
https://blockchain.info/address/1QqqHdFHzZs1HLG2MkQ1c9BSKd4EqM52r
https://blockchain.info/address/1QBVHeRHXNSUQFgyEepjJXqQGviKGsMc3n



Still FUNDED:  

I have 6 addresses still showing as funded.  

On second thought, I am keeping these private just in case someone is watching this list.  PM me if you would like this list.

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March 05, 2017, 07:41:03 PM
 #2

Sorry for your loss. This is why I have never bought any funded physical bitcoins though I have been tempted.

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March 05, 2017, 07:47:00 PM
Last edit: March 05, 2017, 07:57:16 PM by Lauda
 #3

Lesson to be learned here: Pre-funded coins are counter-intuitive to Bitcoin. They are a bad idea to begin with.

Short pocket excuses.
Stop trolling and educate yourself.

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March 05, 2017, 07:53:25 PM
 #4

Lesson to be learned here: Pre-funded coins are counter-intuitive to Bitcoin. They are a bad idea to begin with.

Short pocket excuses.
bitenvy
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March 05, 2017, 07:54:21 PM
 #5

Richard Forsyth replied to my email stating:  

"I can assure you that none of us stole anything. I will investigate."
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March 05, 2017, 08:10:51 PM
 #6

Found this image through Google:



https://blockchain.info/address/18t1hPWGT2iLAnK4Nt4wYTbuqUYAD9R9hC

Address was sweeped on the same day as your coin :/.
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March 05, 2017, 08:10:59 PM
 #7

Thanks to let us know bitenvy.

The question i got is, How are the prived keys handled and by who ? 
 

Shopping online and stekking sats (satsback) via Lightning
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March 05, 2017, 08:45:16 PM
 #8

I'm very sorry to see this, bitenvy.  I just checked my Adam Smith coin and cracked it open because it was still funded. This is very disheartening.

It looks like 18 inputs of approx 2 BTC were sent into this address: https://blockchain.info/address/19A5uTjZzip9gmNUVjSifeAeUwMdyYQ4zQ

If Alitin wants to gain any sort of credibility here, we need them to publish a full list of all addresses to determine how many may have been compromised. We also need to know the full chain of custody from who generated the keys, who did the engraving, and who performed the final slabbing.  

It's odd that they may have only redeemed a small number of coins, so maybe only a subset are at risk.  If your coin is still funded, I would strongly consider redeeming it now and forget about losing out on whatever premium you may have gotten.  At this point, I doubt people would want to buy these funded or pay any premium at all, so just take your coins if you still can.   Angry
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March 05, 2017, 09:06:49 PM
 #9

I purchased two Adams and both have been swept as well, on 2/26. I purchased them in early 2015. I live in US. Will be contacting authorities on Monday.

1JxjKfA2EhJo4Hd8yD7NQSTqxGjJ4UNBXH

1GSrNTwCBJL6TxZm481P12SR1LcHSH1f85
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March 05, 2017, 09:08:50 PM
 #10

2 coins so far swept.... and there is no public address list??

I would assume that all coins are now empty.

Wonder which maker is next???

Wallet explorer indicates more than one on that first address following it forward one hop to -> https://www.walletexplorer.com/wallet/31fe4d3703621e4f?from_address=1LyYobKJVRbLCizjqpQJxC7CkumHh7fGx2 then again I may be reading that wrong.  Sorry people, that sucks.


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March 05, 2017, 09:12:36 PM
 #11

I guess since BTC is at an ATH, we can expect more and more of this kind of stuff. Anyway, this has turned me off to physical BTC permanently. Wasn't very much for me, they were pretty cheap at the time, but not happy regardless. I have Richard's email if anyone wants it.
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March 05, 2017, 09:17:16 PM
 #12

I purchased two Adams and both have been swept as well, on 2/26. I purchased them in early 2015. I live in US. Will be contacting authorities on Monday.

1JxjKfA2EhJo4Hd8yD7NQSTqxGjJ4UNBXH

1GSrNTwCBJL6TxZm481P12SR1LcHSH1f85

Well.. there you have it... more proof.....  

I would recommend anyone who owns one and is an active member on here to open a Scam Accusation thread asap.

Also, I have two Joanne's and they are both still holding 1 BTC each, will be cracking them and retrieving BTC. Sad, I really like the coins, now the kids have something more to play with.  Smiley
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March 05, 2017, 09:20:51 PM
 #13

This is pretty sad, what's the best theory so far as to how the coins were unloaded?

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March 05, 2017, 09:30:22 PM
Last edit: March 05, 2017, 10:08:56 PM by msin
 #14

This is pretty sad, what's the best theory so far as to how the coins were unloaded?

Edit: Will not make personal assumptions yet as to who is responsible.
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March 05, 2017, 09:31:21 PM
 #15

Manufacturer needs to post on here, and do it quickly

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bitenvy
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March 05, 2017, 09:44:08 PM
 #16

JR Forsyth wants to discuss over phone.  I will be talking to him soon.  I have also mentioned this thread to him as well.

I have made a scam accusation here:  https://bitcointalk.org/index.php?topic=1814916.0

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March 05, 2017, 09:53:32 PM
 #17

Keep us updated. I've also shared my # with him as he responded via email. He stated that he will "personally guarantee" the value of the coins. I've requested face value refund.
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March 05, 2017, 10:03:03 PM
 #18

I can confirm that at least 2 of the coins I sold and loaded myself were redeemed within the past week.
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March 05, 2017, 10:06:41 PM
 #19

This is just sad...how many makers wil be left trustworthy?

greed.

Well I'm dr. spock I'm here to rock y'all
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March 05, 2017, 10:08:00 PM
 #20

I spoke with JR and this is all news to him after I emailed him.  He has personally guaranteed me the funds on the coins will be refunded to me and wants to make things right.  They are investigating how this happened.   JR said Richard will be posting shortly in this thread.  I truly believe they did not purposely scam me or others, but someone somehow got a hold of a handful of private keys from at least a small grouping of coins (18?).  I suggest we give them some time to investigate this since I just found out about it and notified them a few hours ago.  I believe they will make things right.  
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