coin@coin
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Merit: 1000
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March 08, 2017, 12:57:42 PM |
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Well done for refunding users! Hope everyone can be made whole.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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Ticked
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March 08, 2017, 02:40:54 PM |
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Many collectors have theirs tucked away and probably do not access them on a regular basis....
Being that, I would gather that many collectors do not come to this forum and have no clue that their coins have been emptied.
I don't always check this board, but I happen to on just the right day when this thread started, but had to wait to access my coin to verify balance. Before I could, the next day I received direct communication from Richard through the communication channel originally used during purchase in 2014. They are privately contacting their customers. I am currently awaiting refund. I will report back when it is received. |
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msin
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Activity: 1470
Merit: 1004
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March 08, 2017, 04:23:27 PM |
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Richard,
Thank you for the update. For everyone who has contacted them regarding their coins, I am confident you will get your refund. I just received my refund of the stolen 2BTC from JR. I know this doesn't answer who stole the coin funds, but I believe it wasn't JR or Richard. And, I do believe the thief will be caught.
Can you post the txid please?? I received refund on for my 2 compromised Adam coins |
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bitenvy
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March 08, 2017, 05:34:52 PM |
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Richard,
Thank you for the update. For everyone who has contacted them regarding their coins, I am confident you will get your refund. I just received my refund of the stolen 2BTC from JR. I know this doesn't answer who stole the coin funds, but I believe it wasn't JR or Richard. And, I do believe the thief will be caught.
Can you post the txid please?? I'd rather not for privacy reasons. Just know that I got a refund and others are as well. |
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bithalo
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Activity: 1470
Merit: 1017
Star Wars Ep. 9 is here
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March 08, 2017, 05:47:10 PM |
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Received my refund today for 2BTC. Strange though I didnt hear from them after repeated emails and PMs on my part. But I'm fine now.
Tx 4b131c58139b7b2c8fa3213e06c7f675c96ac8ca49c2876713ce9ccbf0aef3f5
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BurtW
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Activity: 2646
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All paid signature campaigns should be banned.
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March 09, 2017, 01:20:31 AM |
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Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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wheelz1200
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Merit: 1406
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March 09, 2017, 01:06:46 PM |
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Good to see people are starting to get refunds, a little light on the physical coin scene it seems.
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bitenvy
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March 09, 2017, 04:06:25 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! Have you notified ALL of the owners? How many have you contacted??? Are you ever going to release a number of coins affected???
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cryptoheadd
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March 09, 2017, 04:11:23 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! I agree. If you're concerned about the volatility of Bitcoin, set a $$ rate for them that you can afford to pay. If people claim their Bitcoins after 4th, just pay them the $$ value in Bitcoin. |
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BurtW
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March 09, 2017, 04:25:14 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! Have you notified ALL of the owners? How many have you contacted??? Are you ever going to release a number of coins affected??? I believe they are contacting all the people on their customer list. Some of them may have been sold. They can try to track down the new owners as best they can by asking who the coin was sold to but some of those trails may lead to dead ends. |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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BurtW
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March 09, 2017, 04:27:02 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! I agree. If you're concerned about the volatility of Bitcoin, set a $$ rate for them that you can afford to pay. If people claim their Bitcoins after 4th, just pay them the $$ value in Bitcoin. That is a pretty good idea. Set aside a refund fund  |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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msin
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March 09, 2017, 04:29:32 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! Have you notified ALL of the owners? How many have you contacted??? Are you ever going to release a number of coins affected??? I believe they are contacting all the people on their customer list. Some of them may have been sold. They can try to track down the new owners as best they can by asking who the coin was sold to but some of those trails may lead to dead ends. Personally I think that's plenty of time. They messed up but like we've seen a hundred times in crypto, they aren't obligated to pay anyone back, they are doing so for reputation and courtesy. |
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wheelz1200
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March 09, 2017, 04:34:43 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! Have you notified ALL of the owners? How many have you contacted??? Are you ever going to release a number of coins affected??? I believe they are contacting all the people on their customer list. Some of them may have been sold. They can try to track down the new owners as best they can by asking who the coin was sold to but some of those trails may lead to dead ends. Personally I think that's plenty of time. They messed up but like we've seen a hundred times in crypto, they aren't obligated to pay anyone back, they are doing so for reputation and courtesy. Lol, wait so if i steal hundreds of thousands of dollars worth of bitcoin, im under no obligation to give it back other than by courtesy. So these guys now should be praised , wtf has this come to.... People who tucked these away for their kids will be quite shocked when everyone gets around to checking these. Being out of business for 2 years i wouldnt be checking their website. Should i check casascius website every month now just in case  |
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BurtW
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March 09, 2017, 04:40:24 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! Have you notified ALL of the owners? How many have you contacted??? Are you ever going to release a number of coins affected??? I believe they are contacting all the people on their customer list. Some of them may have been sold. They can try to track down the new owners as best they can by asking who the coin was sold to but some of those trails may lead to dead ends. Personally I think that's plenty of time. They messed up but like we've seen a hundred times in crypto, they aren't obligated to pay anyone back, they are doing so for reputation and courtesy. Lol, wait so if i steal hundreds of thousands of dollars worth of bitcoin, im under no obligation to give it back other than by courtesy. So these guys now should be praised , wtf has this come to.... People who tucked these away for their kids will be quite shocked when everyone gets around to checking these. Being out of business for 2 years i wouldnt be checking their website. Should i check casascius website every month now just in case They have the contact information for all of their customers. They are contacting their customers and refunding the BTC that were stolen. How do I know this? Because they refunded the BTC to me personally - as I have posted. They are doing everything in their power to make this right. They immediately admitted they screwed up and immediately set about making it right. They should be praised for doing the right thing. What is your problem? Did you lose a lot of Bitcoin in this theft? |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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BitcoinNewsMagazine
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March 09, 2017, 04:41:59 PM |
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AlitinMint said: "we will offer this refund until April 5, 2017. After this date, and due to the price volatility of Bitcoin, we simply cannot be sure we will have the funds necessary to refund stolen BTC. "
Really? You're at fault and you set a very short window to claim. There are probably only 4-5 people who have claimed at this point. That's ridiculous! Have you notified ALL of the owners? How many have you contacted??? Are you ever going to release a number of coins affected??? At this point they are probably doing what their lawyers tell them to do. |
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wheelz1200
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March 09, 2017, 04:42:59 PM |
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Burt, sorry no. Im glad they are doing what they are doing. Nevermind i will let the people directly affected with this breach comment.
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msin
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March 09, 2017, 04:50:22 PM |
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Lol, wait so if i steal hundreds of thousands of dollars worth of bitcoin, im under no obligation to give it back other than by courtesy.
lol, you must be new here, ever heard of MtGox? Since you don't have skin in this game, go spend your time elsewhere. |
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BurtW
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All paid signature campaigns should be banned.
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March 09, 2017, 04:51:45 PM |
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"Privately contacting customers".......... the shadiness continues.
What the hell are you talking about? How would they publicly contact all their customers? Are you expecting them to make all their customer contact information public? Are you expecting them to give you copies of all of their correspondence with all of their customers? And most likely will claim that XX amount of customers never responded back, etc.... less payback for them......
What in their behaviour so far has indicated any of this? I understand you are jaded. Most Bitcoin companies are fly by night operators and many of them are outright scams. It looks like you personally may have scars in this area. Give them a chance? Hope they make all of the repayment transactions public...
Again what the hell are you asking for here? You want them to make all their refund transaction public to satisfy your curiosity? Is this to be done against their customers wills? I and others who want to will make our transactions public. It would be WRONG to make all of them public against the wishes of their customers who do not want their transactions public. Still waiting for that public address list...... This is also a customer privacy issue. Some of their customers may not want the address on their coins to be publicly known. It would be WRONG to do this without their customer's permission. |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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wheelz1200
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March 09, 2017, 04:53:51 PM |
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Lol, wait so if i steal hundreds of thousands of dollars worth of bitcoin, im under no obligation to give it back other than by courtesy.
lol, you must be new here, ever heard of MtGox? Since you don't have skin in this game, go spend your time elsewhere. Cool, noted. So every man for themselves, if you got no skin in the game move along gotcha. Glad we cant all stand up together we should just nik it out on our own. Glad you got your funds back, but i think someone needs to stand up for the people that dont come on here every week, or rather meh, fuck them i got mine. Good luck to everyone i hope this all gets resolved well, later |
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hybridsole
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March 09, 2017, 04:58:10 PM |
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So a handful of people have been repaid the 2 BTC that was stolen from you. That's great, but you are still out hundreds of $'s in premium that you paid for your coin. Meanwhile the physical bitcoin industry is left with a black eye over this event, and will likely discourage people buying funded coins from the many competent makers out there.
We still have zero answers as far as how this could have happened, how many were impacted, and whether the rest of the keys are vulnerable. This is either blatant theft, or criminal negligence. Either way, the last thing you guys should be doing is praising these people.
For Alitin, this seems like a great way to spend $20-30K in good will making a few active collectors happy while riding off in the sunset with $100K+ in stolen bitcoins.
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