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Author Topic: COINDASH - Future of trading - Token Sale 17th July 2017  (Read 197397 times)
riyaz22
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July 17, 2017, 04:36:00 PM
 #3481

Here is official announcement from official website CoinDash
"Dear CoinDash contributors,

It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution.

CoinDash is responsible to all of its contributors and will send CDTs reflective of each contribution. Contributors that sent ETH to the fraudulent Ethereum address, which was maliciously placed on our website, and sent ETH to the CoinDash.io official address will receive their CDT tokens accordingly. Transactions sent to any fraudulent address after our website was shut down will not be compensated.

This was a damaging event to both our contributors and our company but it is surely not the end of our project. We are looking into the security breach and will update you all as soon as possible about the findings.

The CoinDash vision, product and team will continue to live on. We will be fast to recover and we will create the future of trading.

Reminder: We are still under attack. Please do not send any ETH to any address, as the Token Sale has been terminated.

More information will be published on our social channels and our website.

-CoinDash Team"

Good luck developers and don't let your investors down because they trusted you and your project for their hard earned money.

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CrackDown
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July 17, 2017, 04:36:18 PM
 #3482

let's assume they got haked and they are not scamming.

why they took so many times to warn people?

We want the full log of the hack and also the hack method they have used to take control of the web site.

If the server was psw protected with a 24 char psw no one can hack it, so tell us how you got hacked? You have used a psw like 12345 ?


Unbelievable situation, the project is already dead , also if you will give the coin to the scammed people. No one will belive you anymore. Make a full refound of the wihite list contribution (included taas) and change work, because you can't run a crypto project.



this is my though

let me think about this situation clearly,

1. i make announcement " hey everybody, i will launch the ico, this is the apps we would use ( going to hire some ultra beginer developer to make beta apps ) "
2. i advertise my ico launch date
3. when ico date comes, i make a new eth wallet in MEW then i put it on website.
4. i watch the eth coming to my New Eth wallet i just made
5. when i check it reach 7 million and i feel its enough for me i write in ann thread and twitter " hello my fellow supporter and investor, our website is getting hacked and hacker put his address on it "
6. i let people reacting...screaming...
7. i announce to people " hei my fellow supporter and investor, dont worry we will send you our token even if you send it to hacker address ( the fact its also my address )
8. i act like a hero who put my money on this project because of hacker.


this is just my negative though

however we did not know what is really happened, right now



We o ly need 1 ETH to make a 1.000.000.000 token, right ?

1 ETH to make 7 mill and act like a heroo
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July 17, 2017, 04:37:22 PM
 #3483



Good luck developers and don't let your investors down because they trusted you and your project for their hard earned money.

Is that desperation or Stockholm Syndrome? Anyway, I feel for you man. I am sorry you got scammed.
Please learn something from this. Find better projects to invest in, don't fall for these ICO scams anymore.
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July 17, 2017, 04:40:11 PM
 #3484

look at: https://www.coindash.io/
They have formal annoucement
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July 17, 2017, 04:40:38 PM
 #3485

Anyone know the answer to this question?

I have searched on the Etherscan page for the Fake address and neither my tx code nor my wallet address appear there in the list of 2000+ transactions, I have all the info of the transactions and it currently has over 640 confirmations.

Is there any chance the transaction will not be received and refunded to my wallet?

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July 17, 2017, 04:41:55 PM
 #3486

What a scam
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July 17, 2017, 04:42:39 PM
 #3487


Please remember what happened here for future "ICOs" - inform others, spread knowledge... how many more people will have to lose their hard-earned money?


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July 17, 2017, 04:44:00 PM
 #3488

Refund all money to whitelist and close this shit.

It's how the team repay stolen money is not a problem whitelist participants.
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July 17, 2017, 04:49:02 PM
 #3489


Have you all seen how arrogant dev was just before ico start, few pages back? Karma bitch.

And finally, only whitelisted chaps and some "unlucky" others will get their tokens.

Well, good luck with that.
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July 17, 2017, 04:51:26 PM
 #3490

These eth based ico are very dangerous. But in this case I think it was suspicious. They don't have any control on ico site?
They should do a registration form with a single generated address per person.

You can't put simply an address on a website and tell people "please pay here"  Undecided Undecided

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         ║╠╠╠╠╠╠╜ .,, └╢╠╠╠╠╠║╜"
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Yza_azY
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July 17, 2017, 04:54:03 PM
 #3491

Refund all money to whitelist and close this shit.

It's how the team repay stolen money is not a problem whitelist participants.

In this moment i think too.


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July 17, 2017, 04:54:24 PM
 #3492

These eth based ico are very dangerous. But in this case I think it was suspicious. They don't have any control on ico site?
They should do a registration form with a single generated address per person.

You can't put simply an address on a website and tell people "please pay here"  Undecided Undecided

Or he can just make a youtube video withnthe eth adress so noone was possible to hack and change the adress..

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July 17, 2017, 04:56:02 PM
 #3493

That is huge amount $ 7 millions were stolen from the ICO money through that hacking. Team has secured only $ 6.5 millions. It is big big loss but team's statement on official site is very encouraging as they will keep the project up with remained money in hands. Everyone will get paid this is highest example of professionalism.



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bob75coin
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July 17, 2017, 04:56:15 PM
 #3494

These eth based ico are very dangerous. But in this case I think it was suspicious. They don't have any control on ico site?
They should do a registration form with a single generated address per person.

You can't put simply an address on a website and tell people "please pay here"  Undecided Undecided

Or he can just make a youtube video withnthe eth adress so noone was possible to hack and change the adress..

...or maybe they wanted to be hacked. Roll Eyes

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         ║╠╠╠╠╠╠╜ .,, └╢╠╠╠╠╠║╜"
         ║╠╠╠╠╠║ ┌╢╠╠╠║m ║╠╜"
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         ║╠╠╠╠║  æ▓███████▌
         ║║║╙"    ╙████████`
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______
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   ¦¦¦
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¯¯¯¯¯¯
           Cryptocurrency to be Everywhere         
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______
  ¦¦¦¦
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   ¦¦¦
   ¦¦¦
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July 17, 2017, 04:57:58 PM
 #3495

Reply on slack:

bob75coin
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July 17, 2017, 04:59:23 PM
 #3496

That is huge amount $ 7 millions were stolen from the ICO money through that hacking. Team has secured only $ 6.5 millions. It is big big loss but team's statement on official site is very encouraging as they will keep the project up with remained money in hands. Everyone will get paid this is highest example of professionalism.

NO, because doing this they will damage all!

They should use their 6.5 million to refund the 7 million stolen.

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         ║╠╠╠╠╠╠╜ .,, └╢╠╠╠╠╠║╜"
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______
  ¦¦¦¦
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   ¦¦¦
   ¦¦¦
   ¦¦¦
   ¦¦¦
   ¦¦¦
   ¦¦¦
  ¦¦¦¦
¯¯¯¯¯¯
           Cryptocurrency to be Everywhere         
        ?Power of Ubiquity  ?Connect- People  ?Network  ?Marketplace

______
  ¦¦¦¦
   ¦¦¦
   ¦¦¦
   ¦¦¦
   ¦¦¦
   ¦¦¦
   ¦¦¦
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July 17, 2017, 05:00:58 PM
 #3497

Shame this project turned out like this, i liked the vision and thought they were legit from their videos. Lucikly i was out today or i would have invested

There is no way in 1 million years that i would ever now use their platform to trade on and hand over my API key

Its over Coindash team, kindly refund everyone that send funds to the right address immediately and either return that $7 million or face the real prospect of ppl coming after you to get it back and maybe kill you even, unfortunately having large amounts of money stolen tend to make ppl angry and as this is the internet you truly dont know which person could be investing, maybe they could even be mafia

Either way this project is dead
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July 17, 2017, 05:02:54 PM
 #3498

This coin dumps hard when it gets listed on a exchange, hope I receive it really and can sell high at the exchange start...  Roll Eyes
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July 17, 2017, 05:04:39 PM
 #3499

I hope this can be a lesson for other ICOs, they should improve their security so that things like this do not happen again
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July 17, 2017, 05:05:08 PM
 #3500

That is huge amount $ 7 millions were stolen from the ICO money through that hacking. Team has secured only $ 6.5 millions. It is big big loss but team's statement on official site is very encouraging as they will keep the project up with remained money in hands. Everyone will get paid this is highest example of professionalism.

NO, because doing this they will damage all!

They should use their 6.5 million to refund the 7 million stolen.

Unfortunately it seems there's no good solution for all here. The people who sent to right address will have to compensate the ones who didn't is basically what the team is saying. Don't know, maybe it's better to just give ETH back, but than there are no tokens for the people who got scam address.  Undecided  
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