Inputs.io HACKED, 4 100 BTC STOLEN - REFUND DISCUSSION THREAD

[InwardContour]

I got my refund.
TradeFortress is not scammer!

Same here. First people complain because they didn't receive refunds. Now people are receiving refunds, they are complaining that TF is doing it to cover himself up :S.

you only had what like .07 in there you said? maybe you shouldn't worry about other people, who may have had much more. you think TF is making everyone whole? really? stop shilling, a lot of people are out a lot of money and those with sizable balances are getting fucked hard.

[b!z]

Are people still getting their refunds processed?

[birkomester]

Are people still getting their refunds processed?

yes

[fildza]

I got my refund.
TradeFortress is not scammer!

Yes many people got refund but not full

[kalin]

http://www.abc.net.au/news/2013-11-08/bitcoin-site-hacked-founder-says/5078148

The bitcoin transaction trail is designed to be anonymous, which has led to speculation this was an inside job and that TradeFortress took the coins for himself.
Audio: Massive bitcoin robbery hits Australian website, raises questions over regulations (AM)

But when asked by the ABC's AM he strenuously denied those accusations, and said that despite his $1 million loss he is unlikely to report the theft to the police.

"The police don't have access to any more information than any user does when it comes to bitcoin. Some say it gives them control of their money," TradeFortress said.

A spokesman for the Australian Federal Police says to his knowledge, a theft of bitcoins has never been investigated at either a federal or state level.

But he says if it was reported, it would be treated like any other theft.

So, 1.2 million $ worth of bit coins go missing (or more the way the value is going up), and its not going to be reported to the police? That sounds suspicious to me. Surely it should be reported regardless. Its not like someones facebook got hacked and 3 stupid comments got posted. That is a sizeable amount of value to turn your back on and not have investigated. It could set someone up for life.

[fildza]

http://www.abc.net.au/news/2013-11-08/bitcoin-site-hacked-founder-says/5078148

The bitcoin transaction trail is designed to be anonymous, which has led to speculation this was an inside job and that TradeFortress took the coins for himself.
Audio: Massive bitcoin robbery hits Australian website, raises questions over regulations (AM)

But when asked by the ABC's AM he strenuously denied those accusations, and said that despite his $1 million loss he is unlikely to report the theft to the police.

"The police don't have access to any more information than any user does when it comes to bitcoin. Some say it gives them control of their money," TradeFortress said.

A spokesman for the Australian Federal Police says to his knowledge, a theft of bitcoins has never been investigated at either a federal or state level.

But he says if it was reported, it would be treated like any other theft.

So, 1.2 million $ worth of bit coins go missing (or more the way the value is going up), and its not going to be reported to the police? That sounds suspicious to me. Surely it should be reported regardless. Its not like someones facebook got hacked and 3 stupid comments got posted. That is a sizeable amount of value to turn your back on and not have investigated. It could set someone up for life.

Yes it very suspicious

[Foxpup]

So, 1.2 million $ worth of bit coins go missing (or more the way the value is going up), and its not going to be reported to the police?

Correction: it's not going to be reported to the police by TradeFortress. Whether his depositors report it to the police remains to be seen. I urge everyone who has lost money in this scheme to report it to the Australian Securities and Investments Commission.

[gaston909]

The people with serious money invested did so on CL where it is assumed they were not keeping large amounts accessable via inputs.io as they were loaned out etc and I cant imagine cl did a huge amount of transactions per day, unlike inputs.io.

Involvement of the Police will probably be sparked by bigger coin holders so I expect when he updates people about CL in the coming days... and people work out what % of these coins were lost... it will be a bit more clear what has happened and who to bring into the dialogue. If 40% of CL coins don't get refunded (for example) it will raise a huge amount of questions.

People assumed this money was loaned out (Not in a loose wallet) tied up in exchanges, or tied up in assets.

Hence if for example 40% is lost...that suggests they were in the inputs hot pocket. it doesn't really explain how he was making the interest payments in the first place....

A lot will become clear when people report refunds for CL.

[Charlie.Portman]

why do people store their bitcoin on websites.

ITs like taking money from your wallet and giving it to someone to hold it for you. Then when it gets robbed you cant really blame him because it was your fault for letting him hold it for you.

[Birdy]

why do people store their bitcoin on websites.

ITs like taking money from your wallet and giving it to someone to hold it for you. Then when it gets robbed you cant really blame him because it was your fault for letting him hold it for you.

Never give this guy a kitchen knife, he will stab you and tell it's your fault, because you gave him a knife.

[Charlie.Portman]

why do people store their bitcoin on websites.

ITs like taking money from your wallet and giving it to someone to hold it for you. Then when it gets robbed you cant really blame him because it was your fault for letting him hold it for you.

Never give this guy a kitchen knife, he will stab you and tell it's your fault, because you gave him a knife.

Ya Dam Right;)

[stormlighter]

I had a balance of 0.2BTC on Imputs.io
Wrote a email and got 0.08 BTC back.

BTC was earned for TF's signature payment service, so not a loss in anyway for me.

[MAbtc]

The circumstances surrounding this are certainly suspicious. At the very least, holding what appears to be the entirety of inputs.io deposits in a hot wallet on a virtual server -- the Bitcoinica way -- was quite negligent, and is a very convenient scapegoat. I have received a percentage of my deposits back, but some transactions are not confirmed on the blockchain.

I apologize to the community for having advertised TradeFortress's services in the past. In hindsight, and in light of past and present circumstances, that was certainly a mistake.

[handbanana]

I had 1.4btc at inputs.io. I was refunded 1.01btc yesterday. I am glad I got anything back at all. This does suck, and I agree it is very suspicious, but I certainly learned my lesson from this incident. I'll never use an online wallet service of any sort again. Anyhow, I'm new here, so hello. Just made this account because I wanted to add my experience with this whole fiasco. I'll be sticking around the boards now that I have the account though .

[fildza]

why do people store their bitcoin on websites.

ITs like taking money from your wallet and giving it to someone to hold it for you. Then when it gets robbed you cant really blame him because it was your fault for letting him hold it for you.

Hello mr jr.newbie
See at service first. He said that input.io are secure and suddenly this thing happen

[monbux]

What I'm trying to get to is how somebody managed to steal 4.1 k bitcoins so fast.
This proves that inputs was not secure at all, I thought that there was a cold storage??

[naphto]

why do people store their bitcoin on websites.

ITs like taking money from your wallet and giving it to someone to hold it for you. Then when it gets robbed you cant really blame him because it was your fault for letting him hold it for you.

You don't have money in the bank, do you?
Or maybe your bank don't have a website

[Salmon1989]

why do people store their bitcoin on websites.

ITs like taking money from your wallet and giving it to someone to hold it for you. Then when it gets robbed you cant really blame him because it was your fault for letting him hold it for you.

You don't have money in the bank, do you?
Or maybe your bank don't have a website

If you like to store money in banks, why do you buy the decentralization concept of BTC?  

It is always emphasized that "If you don't have the private keys, you don't have the funds".

Just like TheNewAnon135246 mentioned, you should never store a large amount of BTC on an online wallet (for example, exchange and casino).
Just send the BTC to a paper wallet or at least a offline wallet (of course, generated and handled correctly with encryption) when your balance is high.

[marcovaldo]

The whole idea of btc is flawed.

https://bitcointalk.org/index.php?topic=288334.0


I knew it. I said it.

[nahtnam]

haha, I am really starting to feel sorry for all inputs users. I use coinbase, so I am good! I hope you all can get your money back!