Mybitcoin.com Press Release #2

[Ulysses]

Bitcoind doesn't accept remote connections unless their ip is specified in the config file.

I mean 8333 port, not RPC.

If they only used block increment for confirmation, then you could send to their bitcoin one transaction, and to the other part of network different transaction with the same coins.

[1714168458]

1714168458

[1714168458]

1714168458

[1714168458]

1714168458

[1714168458]

1714168458

[citizen]

Why don't they let people know what % of their holdings they can expect to see returned?  I'm glad I didn't have any coins with them, but I know a lot of people did.  There is really a trend of unfortunate circumstances arising out of the centralization of something intended to be decentralized.  MTGOX, Bitomat, and MyBitcoin

My sympathies to all who lost coins entrusted with these or other live wallet services.

[Littleshop]

In other official postings they said they had 'the majority' of their BTC offline.  If that is true, then they should have more then 50% of users funds.  Somehow I doubt any serious amount will be returned. 

[NickW]

Has anybody with a http://www.domaintools.com/ account tried the "Hosting History" feature on mybitcoin.com? It apparently can show the history of IP addresses that the website was hosted from. Maybe it was hosted somewhere other than Leasweb in the early days and they have some information about the account holder.

[repentance]

Has anybody with a http://www.domaintools.com/ account tried the "Hosting History" feature on mybitcoin.com? It apparently can show the history of IP addresses that the website was hosted from. Maybe it was hosted somewhere other than Leasweb in the early days and they have some information about the account holder.

All of that information is on the bitcoin crime unit page.

http://bitcoin.crimeunit.net/wiki/index.php/MyBitcoin
  
Their move to Leaseweb was a recent one.  They used Privacy Shark and its owner Dalin Owen recommended Morning Star Holdings (a Nevis corporation mill) to them.  It's doubtful that anyone will disclose any information about the actual owner of Mybitcoin without an order from a Nevis court because these services are set up precisely to offer safe haven from legal actions.

[Piper67]

Why don't they let people know what % of their holdings they can expect to see returned?  I'm glad I didn't have any coins with them, but I know a lot of people did.  There is really a trend of unfortunate circumstances arising out of the centralization of something intended to be decentralized.  MTGOX, Bitomat, and MyBitcoin

My sympathies to all who lost coins entrusted with these or other live wallet services.

Because they're not sure yet how many BTC they'll be able to buy back with the profits they made from their massive dump of the last few days.

[NickW]

Has anybody with a http://www.domaintools.com/ account tried the "Hosting History" feature on mybitcoin.com? It apparently can show the history of IP addresses that the website was hosted from. Maybe it was hosted somewhere other than Leasweb in the early days and they have some information about the account holder.

All of that information is on the bitcoin crime unit page.

http://bitcoin.crimeunit.net/wiki/index.php/MyBitcoin
  
Their move to Leaseweb was a recent one.  They used Privacy Shark and its owner Dalin Owen recommended Morning Star Holdings (a Nevis corporation mill) to them.  It's doubtful that anyone will disclose any information about the actual owner of Mybitcoin without an order from a Nevis court because these services are set up precisely to offer safe haven from legal actions.

I see no list of previous IP addresses on this any of the crimeunit pages.

[repentance]

Peer1 hosting: Domain history shows that as of it as having once been hosted at The Planet on 174.123.134.92 http://dnshistory.org/domainhistory/a/mybitcoin.com. http://dawhois.com/site/mybitcoin.com.html This is corroberated by an email received by a customer on Fri, 29 Apr 2011 16:02:04 -0700 (PDT) http://pastebin.com/Aw8NGG0P
It appears that sometime between June and August, the hosting moved from The Planet to Peer1. Following the shutdown on July 29th it seems to have moved to LeaseWeb at 83.149.112.133
http://toolbar.netcraft.com/site_report?url=http://www.mybitcoin.com

[NickW]

Peer1 hosting: Domain history shows that as of it as having once been hosted at The Planet on 174.123.134.92 http://dnshistory.org/domainhistory/a/mybitcoin.com. http://dawhois.com/site/mybitcoin.com.html This is corroberated by an email received by a customer on Fri, 29 Apr 2011 16:02:04 -0700 (PDT) http://pastebin.com/Aw8NGG0P
It appears that sometime between June and August, the hosting moved from The Planet to Peer1. Following the shutdown on July 29th it seems to have moved to LeaseWeb at 83.149.112.133
http://toolbar.netcraft.com/site_report?url=http://www.mybitcoin.com

My bad. I missed that.

[just_someguy]

They used Privacy Shark and its owner Dalin Owen recommended Morning Star Holdings (a Nevis corporation mill) to them.  It's doubtful that anyone will disclose any information about the actual owner of Mybitcoin without an order from a Nevis court because these services are set up precisely to offer safe haven from legal actions.

Why would a business ask a web host for advice on where to incorporate?
That whole statement is ridiculous.

[repentance]

They used Privacy Shark and its owner Dalin Owen recommended Morning Star Holdings (a Nevis corporation mill) to them.  It's doubtful that anyone will disclose any information about the actual owner of Mybitcoin without an order from a Nevis court because these services are set up precisely to offer safe haven from legal actions.

Why would a business ask a web host for advice on where to incorporate?
That whole statement is ridiculous.

Because Privacy Shark is just one of the very many services set up in Nevis to allow the true owners of corporate entities to hide their identities.  It's kind of like if you have a shady accountant and want to find a shady lawyer you might ask your accountant for a recommendation.  Privacy Shark registers domains for people who want their ownership of those domains hidden and Morning Star registers LLCs for people who want their ownership of those corporations hidden.  They're both part of the same industry and there's probably a lot of cross-referral. 

What's not clear is whether the original intention was simply to hide business activity and assets from authorities or to defraud service users.  Dalin Owen obviously knows more than he's revealed so far but there's no reason to assume that he's going to disclose anything further without either a subpoena or an arrest warrant being produced.

[TiagoTiago]

...

... Heck, we were PRINTING every transaction directory onto a line printer to make sure that in case of some desaster / hack wiping out the computers we had a separate non-destructable log (it is quit hard to delete printed pages from a computer).

...

I could see a dedicated enough hacker managing to cause significant harm to the hardcopies as well...

[TiagoTiago]

...

Direct from MyBitcoin's Terms of Service agreement. You agreed to it when you signed up, so too bad.

8.1 While MYBITCOIN LLC will make every effort to ensure the MyBitcoin System is accessible at all times, MYBITCOIN LLC makes no representation that User will always be able to access the MyBitcoin System or the User's User Account and User agrees that MYBITCOIN LLC will not be held liable for any loss or damage, whether direct or indirect, resulting from the use, operation or performance of the MyBitcoin System and/or the Bitcoin Network other than as a result of the deliberate or negligent acts or omissions of MYBITCOIN LLC.

It does says they will "not be held liable for any loss or damage (...) other than as result of the (...) negligent acts or omissions of MYBITCOIN LLC".

I would think the serious flaw in the programming of their cart and money flow system would fit under that exception...

[molecular]

I saved some with mtgox and mybitcoin and my own client. First mtgox got lost (couldn't remember my balance), then mybitcoin had this problem. Terrible!

What do you mean by "mtgox got lost"? Noone lost any money with mtgox afaik. Please explain.

[Bikerbum]

Tom Williams,

You better come up with %100 of everyone's bitcoins ASAP even if you need to buy them with your own money from one of the exchanges.

Those bitcoins are YOUR responsibility.

I can think of times in my life where I made mistakes,  and paid tens of thousands of dollars out of my own pocket to make things right.

Now it is your turn.

Do the right thing.

I'm with you on this, 49% my ass. Bikerbum

[memvola]

Tom Williams,

You better come up with %100 of everyone's bitcoins ASAP even if you need to buy them with your own money from one of the exchanges.

Those bitcoins are YOUR responsibility.

I can think of times in my life where I made mistakes,  and paid tens of thousands of dollars out of my own pocket to make things right.

Now it is your turn.

Do the right thing.

I'm with you on this, 49% my ass. Bikerbum

+1

It is disappointing that the owners act as if they are not responsible for the lost coins. Also, I think they took the worst route possible of handling this. There wasn't even an attempt on finding a middle ground. And no communication?

They have tainted trust-based businesses, which, for me, is almost the whole point of Bitcoin. Either way, the investigation needs to continue. Is there a way we can donate bitcoins to this endeavour?

[jondecker76]

I saved some with mtgox and mybitcoin and my own client. First mtgox got lost (couldn't remember my balance), then mybitcoin had this problem. Terrible!

What do you mean by "mtgox got lost"? Noone lost any money with mtgox afaik. Please explain.

Myself, and many others that I know of lost money in the MtGox hack.  About 3 days before news of the hack went public, someone emptied my account (luckily it was only 20.19 BTC) - most likely my password was cracked from the leaked database. It was reported to MtGox before any news of the hack had surfaced through their online trouble ticket system.  It took me over a month of constant emails and trouble tickets before they would even give me a response. In the end, they basically said "tough luck" and they didn't feel responsible and had no plans on reimbursement.  I know several people that had this happen.  They were very sneaky/clever in saying that they lost no BTC in the hack (they didn't, their users did).  I for one will never use their services again.

[freequant]

A GIFT TO THE COMMUNITY

After the claims have all been filed and dealt with we will be releasing the entire MyBitcoin processing engine into the public domain. Our only hope is that the community can improve and adapt the software to all sorts of new and interesting Bitcoin-related things.

Tom Williams

So, where is our gift?

[indicasteve]

Things that make you go hmmm...

Earlier today, someone at mybitcoin.com redirected the site.

curl mybitcoin.com
<title>302 Moved</title>
<h1>302 Moved</h1>
This document has moved to URL <a href="http://50.61.240.200/proxy/errors/404/">http://50.61.240.200/proxy/errors/404/</a>.

This may have been some kind of configuration error since /proxy/errors/404/ don't even exist on 50.61.240.200

BUT...what DOES exist at 50.61.240.200 is onlyonetv.com ... Bruce's TV show

ping onlyonetv.com
PING onlyonetv.com (50.61.240.200) 56(84) bytes of data.
64 bytes from 50.61.240.200: icmp_seq=1 ttl=54 time=61.3 ms

I find it strange that whoever is running the mybitcoin domain made a config error that just so happen to incorrectly redirect to the IP address of Bruce's site.  Like, why the hell would mybitcoin.com suddenly redirect to onlyonetv.com's IP address error page then suddenly fix itself?

After the 404 config error was fixed, if you went to http://mybitcoin.com you wouldn't get the 404 error any more, but you would get a landing page at arvixe.com:


It's strange enough that mybitcoin.com is now was being hosted at arvixe.com, the same host as onlyonetv.com, but it's even stranger that an error in the configuration would point directly to Bruce's ip address and now mybitcoin.com no longer points to arvixe.com at all now.

If you go to mybitcoin.com NOW, you will see that it goes to the old page content just as if nothing had changed today.  I don't know what's going on, but it stinks. 

[lemonginger]