Alitin Mint Adam Smith Coins compromised!

[BurtW]

This is very sad to hear. More so for the owners of raided coins.

If there was a leak of private keys somewhere in the production process the manufacturer should know the name of the people involved.
So if an investigation is ongoing no much info can be publicly released. Over time hope some names surface, we know who did it in Coinographic's case.

Richard was apparently the only one with access to private keys, so he stole them himself, or he is flat out lying.

One other possibility is that he thought he was the only one to ever see the private keys but someone else got a copy of (some of) them.

They did have a lot of people on their failed "risk management" committee/team.

[1714057877]

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[1714057877]

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[zanzibar]

This is very sad to hear. More so for the owners of raided coins.

If there was a leak of private keys somewhere in the production process the manufacturer should know the name of the people involved.
So if an investigation is ongoing no much info can be publicly released. Over time hope some names surface, we know who did it in Coinographic's case.

Richard was apparently the only one with access to private keys, so he stole them himself, or he is flat out lying.

One other possibility is that he thought he was the only one to ever see the private keys but someone else got a copy of (some of) them.

They did have a lot of people on their failed "risk management" committee/team.

But how is that possible? He claimed he created the private keys himself, then engraving coins and destroyed the private keys. It's a pretty simple process.

[BurtW]

This is very sad to hear. More so for the owners of raided coins.

If there was a leak of private keys somewhere in the production process the manufacturer should know the name of the people involved.
So if an investigation is ongoing no much info can be publicly released. Over time hope some names surface, we know who did it in Coinographic's case.

Richard was apparently the only one with access to private keys, so he stole them himself, or he is flat out lying.

One other possibility is that he thought he was the only one to ever see the private keys but someone else got a copy of (some of) them.

They did have a lot of people on their failed "risk management" committee/team.

But how is that possible? He claimed he created the private keys himself, then engraving coins and destroyed the private keys. It's a pretty simple process.

Agreed.  Interesting times...

[batsim]

A large amount of the stolen bitcoin from the compromised addresses below end up in this address: 1AHZ4H8YgM1hMYHYGHaN89QKgf1YvnTuBD

Compromised addresses:
1QLQDk2KotPqqBjQQK9atEqmmmjBZySPwc
18maxv3kVNNKUE9NZhcYcfHhcRrtSXC8eE
17Qn7Y27xpAgtjEefEknwpFcLnpCiK4tSA
1BCgfLnJiJFvckMKRwcJa32tarsi7TD3QF
1DXjC2oKNsQbtHzWDEgzuMyoeaMtAr1r44
1FxH5pJcgX6VrJYb7pweXUjEMSX1naero9
13Y8zQHtorD1uSRuSvuxFxLMB6Qq8fVKTJ
1JxjKfA2EhJo4Hd8yD7NQSTqxGjJ4UNBXH
13bbV8kaFs8kQTiJFGxVnpFiMXwjk5XPpw
1Ctebt6wCrW7EMR2DTu75Tzzc2wEbZU6Sb
16cXpHf87Y8mENGKGD4PyaJsVo1pdtm198
1EBf3H6oukihFbDwX4xCShQsQF9j5PQD9p
18t1hPWGT2iLAnK4Nt4wYTbuqUYAD9R9hC
1F85aCkDHL4dBTbZkxBGwptjsHSv2WCNfr
1K2cio3dVFrk76yvKosDTdzmKWE2DFT1Kw
1GLNq4tvHr5Sm6aSnxKe3ybMutb2J3rFt2
1B25QYDjCCk7qxGXgd8Kfm3SeATySxRwZs
13iAiSxEtDSBfF7XbxraLhnhasRBrTrHZF
1Emq52ZTBWC4Qh24FP5TMSThnAu6kGdmy
172xh9w84E7rDF13dTVCC5XMkC11n8LYQg
129kihbjRChoy1AX5RuNdBAFUU36KUWTZr
15iLakai3bsiBWXCVRTkDzeiUgL6b2yFth
189nyDxDHJk81HL6kGJryNA5fsXW18h3nm
15XBjwnG6VQNQW5FCz1w54mttuxPxLkNow
12ZgkjLqvuVPLt6JaFUGBGUyt4kyibChVa
1GSrNTwCBJL6TxZm481P12SR1LcHSH1f85
1AwNFaz38irKbpzy7inkCYHJXv9QvDcuym
1CDLbRKvh53j795zZDrFyduPj9AqZ1ERQC
12THLcCXqBbTgFA9vM4qHPbkidda2ULgYS
1HBS9BtNtnViVJydbAMHeawCWxshPEXKLh
1Mh1Vvr5BtwA1s3GH3Dr7bfbao6sZdCmRJ
1HaWwdwN3irpWtxaPvaoL4eGuZhcGqzPMz
14D2HdBqvaiDS34SCGJ45A1N9AXDimisBg
12WJE6CRWC47gzZQgJpC7CSxqteTaLvhBd
1b7wKzbFSm4U5KMVCD88EuhXVvK1ZAzk1
1BEKYbfh2FMTbjanWLSAZw3kxrpiLShVVp
1LtGmmAkXo3DtqzpAZoMMVu6uZFRuXYpP5
1KBy7s2cFaewBjEczTUxNpsPcjXsC5SibD
1LwL1uE4FQS7Moc1AzxHYPBup5ucbq1mNU
1A8rRSXmQx9bsV1WhpoQx2ZcKzFZxSjUMm
1DKyy7sUs9Sc3khwK69f1vH8yVeR7LK3Kg
1H5uvoQuv2P1G9gYtj1Wod24TX29gAsbox
12aQG3VLZiY6GFwQ2M4jyAh4oK7kGJoK2f
1JAeL1qZmEuXaL8XQWWmKTAjt3ZF38g6Rk
1KftRz6WoLHaEZW3ZEJpckKyUCCs74ZBiD
1Hu2p4qcDeCho8UggvQPrGeehWwWkbrtAf
15LqzxX6Md4iwyGboWB8UedYM3JuqDBmib
18GU8tjGyR7uwrUAMV2cpF14QdFdYfMaai
14Qi3PcrPctt7E2VwBw33V4BwnXeDbg1qp
1imZGYfzgca4MaX8NjPJpBQWGFqL3GjwR
1oACKoxLFWm5yZfL4aUA4TipAG53eE6QK
1F7JiKn15X29bBTxG4SkSDJgtCVx8iwam8
1Dqck66Bbuc7WDP73XrGmeUAxPNCWfX12
1K2hc5aYQ5ASVqBu5NfHTSiiKFTjhyeXbM
1PWfrQhQZ5ph3ZKzA27TArYJZytDB9BTQm
1Fh1LB1eBqBtVyBrvZg7xnqmSN84rzWa5G
1NiFc47UBdSPotKve9wSnQeLGuNQhd5NA1
17bFHy41efk5GfNnH9fvHhh4yfpmTBAJMe
12vwV7ySuxtss26WKqBFXzNtnMoemgERhK
1NsjoNxC5izhti926rXT6Jr4kJxBASQArC
18qz8gELaKgtJRU8n3bRqhtAzbH71zxoxY
1FFsifLUW1Tkvof6M4y6XyvtfmPjnDYmuy
1vx4myJo21XuYbUeVKQhgiQ5axzE6JJAU
1NNhvxuppiU3WnQSHRmA74qwGfMCvaNyza
1QqqHdFHzZs1HLG2MkQ1c9BSKd4EqM52r
1QBVHeRHXNSUQFgyEepjJXqQGviKGsMc3n

[BurtW]

I believe that address is part of the mixer process.  All of the coins were placed into a mixer and the thief got new (untainted)  BTC a long time ago.  All of the stolen coins will eventually be mixed and given out to other customers of the mixer who are not the thief.  So following the coins will not lead you to the thief.

[piramida]

This is very sad to hear. More so for the owners of raided coins.

If there was a leak of private keys somewhere in the production process the manufacturer should know the name of the people involved.
So if an investigation is ongoing no much info can be publicly released. Over time hope some names surface, we know who did it in Coinographic's case.

Richard was apparently the only one with access to private keys, so he stole them himself, or he is flat out lying.

One other possibility is that he thought he was the only one to ever see the private keys but someone else got a copy of (some of) them.

They did have a lot of people on their failed "risk management" committee/team.

But how is that possible? He claimed he created the private keys himself, then engraving coins and destroyed the private keys. It's a pretty simple process.

Simple process with many steps.

Created - how, on which device, who else had access to this device before or after the key was generated? Engraving - where, was the room checked for recording devices, did he ever leave that room for bio needs, who else could have been in the building at this time? Packaging the coin - same questions. There is a lot of trust you need to put in the process of private key creation to be sure it did not get recorded somewhere. As they got sweeped only now, when BTC price reached newsworthy levels, probably the thief/person who had the partial list of keys only remembered about that now. Would be pretty hard to find a trace of what could have happened 3 years ago... Only if he's dumb enough to cash out.

PS on a related note, if anybody selling compromised joannas / adam smiths after you get your refund, please PM.

[BurtW]

Only if he's dumb enough to cash out.

Blockchain analysis shows the coins were immediately sent through a mixer so the thief could have pretty easily cashed out by now.

[piramida]

Only if he's dumb enough to cash out.

Blockchain analysis shows the coins were immediately sent through a mixer so the thief could have pretty easily cashed out by now.

Are mixers really useful for large volumes? Have not checked them in quite a while, but when someone with >100btc trying to mix it becomes pretty obvious which output coins are his. So while it might not be a conclusive evidence, once he cashes out and it turns that he used to work at alitin at the time, dots connect and case opens.

[Quickseller]

Only if he's dumb enough to cash out.

Blockchain analysis shows the coins were immediately sent through a mixer so the thief could have pretty easily cashed out by now.

Are mixers really useful for large volumes? Have not checked them in quite a while, but when someone with >100btc trying to mix it becomes pretty obvious which output coins are his. So while it might not be a conclusive evidence, once he cashes out and it turns that he used to work at alitin at the time, dots connect and case opens.

That probably depends on how you define "large volumes". I don't think the few hundred BTC that is the upper bound of what the thief took would be easy to trace, especially if multiple mixers are used.

You would probably need to move four digits worth of coins in a short period in order to potentially have your coins traced with blockchain analysis.

[photonresearch]

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

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!

This could be mitigated using multisig addresses

[Maicol792]

but for stolen btc we can have refund?

[BurtW]

but for stolen btc we can have refund?

They are refunding all the stolen BTC.  Do you own any Alitin coins that had the BTC stolen from them?  If so, contact Alitin directly and they will get you a refund.  Read the OP of this thread:

https://bitcointalk.org/index.php?topic=1815933.0

[BurtW]

Are mixers really useful for large volumes?

This small amount of Bitcoins would be easy to mix.  From BitMixer FAQ:

We have a large Bitcoin reserve in our mixer (currently 2100.27 BTC), so you do not need to wait for other users to send coins to be mixed. Your coin mixing will be processed instantly as soon as we have received your funds. To prevent advanced time-based analysis of your blockchain transactions, you may set a time delay for every forward address to receive the BTC. We will then send your coins according to the time delays you have specified.

[Maicol792]

but for stolen btc we can have refund?

They are refunding all the stolen BTC.  Do you own any Alitin coins that had the BTC stolen from them?  If so, contact Alitin directly and they will get you a refund.  Read the OP of this thread:

https://bitcointalk.org/index.php?topic=1815933.0

Thanks, now I submit my request

[SatsLife]

Some unfortunate news for the Forsyth family. Wonder if it had anything to do with this rugging

https://cointelegraph.com/news/bitcoin-millionaire-onfo-coin-creator-dead