Bitcoin Forum
September 22, 2019, 03:03:53 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
Author Topic: Cryptopia - ONLINE ARTICLES related to hack & theft of funds 2019 (non discussion thread)  (Read 3678 times)
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 01:13:51 AM
Last edit: May 30, 2019, 11:05:50 PM by Timelord2067
Merited by LoyceV (5), Gunthar (5), HCP (2), Last of the V8s (1)
 #1


ABCDEFGHIJKLMNOPQRSTUVWXYZ
I thought I might start a list of online articles about Cryptopia's most recent hack and theft of funds.  The main thread for Cryptopia can be found here: Cryptopia Cryptocurrency Platform Services and Development was started by TripleHeXXX - That thread is the main Cryptopia thread, this is a thread for online articles concerning the hack and theft in 2019.

Unless otherwise stated, all times in Aqua are NZ (GMT +12) and in blue are NZDST (GMT+13)

Latest News: 2019 | Class Actions | Summary: STOLEN & Frozen | Liquidators Grant Thornton    
From Twitter:



It is a security issue.

Given how long ongoing discussions about Mt Gox and Cryptsy etc have gone on for, I am formatting the page into monthly sections.  Feel free to post your links found using the form below:

Code:
[b]Website[/b]: (url)
[b]Title[/b]: (please copy the page's title to here)
[b]Byline and Date[/b]: (the author of the article and the date listed on the page)
[b]Archive link[/b]: (please use [url=http://archive.today/]archive.today[/url] or similar to archive the article.)


Image via elementus.io



Via coingeek.com



Via digitaloceanspaces.com
Image via ambcrypto.com
Investigations have put the loss (theft) at upwards of $13Million US$ - in post number three I have attempted to gather together the various amounts into a concise table (and it's a work in progress)

Totals in post #3:

Total Stolen (identified by elementus.io) - $15,951,237
Total Stolen (known - identified above LTC etc) - $ 943,660

Total Frozen (known) - $59.54 (in $USD) PLUS
Total Frozen (known) - BTC 372.54 ~ $1,459,270.07


Total (hot/cold) uncertain - BTC 313.6 ~ $ 1,156,855.96

equates to

$ 8,644,779.19 USD worth of Crypto confirmed as being on Cryptopia at the time of hack and theft. (Note, this is not the confirmed amount of stolen funds, see above)


Neither Lafu nor myself are employees of Cryptopia. Nor are we authorized to make any statements on their behalf.  There is no official representation of Cryptopia on Bitcointalk as they only consider discord and twitter as official media channels.

As a client of the exchange I probably have more $ at risk than most.

You are correct that their staff have instructed not to make any statements. Most are on leave as the offices are considered a crime scene.

A reminder that Lafu and xtraelv are not employees of Cryptopia http://archive.fo/bq7DY#selection-5393.0-5401.139 and as such please limit the number of enquiries you make to them as they cannot respond to individual requests for information.



I'm not sure I'll include twitter / facebook etc posts, but am happy to include links to any offsite support groups.


===

Class Actions:


Liquidators: Grant Thornton

Quote
Media enquiries, please contact:

Claire Cicchini   
Acumen Republic
E ccicchini@acumenrepublic.com
Cryptopia customer enquiries, please contact:

E liquidation@cryptopia.co.nz



Suggestions and feedback welcome (and suggestions of where to move the thread to).

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
1569121433
Hero Member
*
Offline Offline

Posts: 1569121433

View Profile Personal Message (Offline)

Ignore
1569121433
Reply with quote  #2

1569121433
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1569121433
Hero Member
*
Offline Offline

Posts: 1569121433

View Profile Personal Message (Offline)

Ignore
1569121433
Reply with quote  #2

1569121433
Report to moderator
1569121433
Hero Member
*
Offline Offline

Posts: 1569121433

View Profile Personal Message (Offline)

Ignore
1569121433
Reply with quote  #2

1569121433
Report to moderator
1569121433
Hero Member
*
Offline Offline

Posts: 1569121433

View Profile Personal Message (Offline)

Ignore
1569121433
Reply with quote  #2

1569121433
Report to moderator
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 01:14:08 AM
Last edit: May 31, 2019, 01:47:05 AM by Timelord2067
 #2

Kiwi crypto-currency trader weathers the bitcoin blizzard  Chris Hutching 15:42, Jul 06 2018 https://www.stuff.co.nz/business/105185650/kiwi-cryptocurrency-trader-weathers-the-bitcoin-blizzard - Booth said Cryptopia now had about 100 people working for the company, including contractors - from just two a year ago.
Bank pulls support for cryptocurrency platform Cryptopia Susan Edmunds12:11, Feb 01 2018 https://www.stuff.co.nz/business/101038176/bank-pulls-support-for-cryptocurrency-platform-cryptopia Commentator and Cryptopia trader Richard MacManus said he was aware of other New Zealand exchanges that had had their bak accounts closed.
New Zealand struggles to regulate cryptocurrency Richard MacManus 08:28, Mar 12 2018 https://www.stuff.co.nz/technology/digital-living/102176366/new-zealand-struggles-to-regulate-cryptocurrency One example is the token offered recently by the controversial New Zealand ICO, Centrality (whose chief executive Aaron McDonald is also a co-author of the EHF paper). Centrality describes its token, called CENNZ, as a "utility token".
https://www.stuff.co.nz/technology/digital-living/100967872/is-centrality-really-worth-110-million

  • 2019

    • January 2019

      • Cryptopia to Support ETH Hard Fork, Revises Listing Fees - Link - By Mary Kihoro -January 10, 2019  - Archive
      • Huge Transfer of ERC 20 from Cryptopia Raise Red Flags - Link - By Mary Kihoro -January 15, 2019  - Archive
      • New Zealand Crypto Exchange Cryptopia Goes Offline Citing Hack - Link - Yogita Khatri Jan 15, 2019 at 09:45 UTC Updated Jan 15, 2019 at 15:59 UTC - Archive
      • Police probe cryptocurrency transactions after 'security breach' at Christchurch trading company - Link - Anna Loren 22:43, Jan 15 2019 - Archive
      • Investigation involving crypto-currency company - Link - Tuesday, 15 January 2019 - 9:50pm - Archive
      • Crypto Exchange Cryptopia Claims It’s Been Hacked, Goes Offline After Months of Problems; Users Cry Exit Scam - Link - January 15, 2019 / by Zachary Mashiach - Archive
      • Cryptopia Exchange Hacked: ‘Significant’ Losses Reported - Link - Georgi Georgiev | Jan 15, 2019 | 04:00 - Archive
      • First Reported Exchange Hack of the Year (UPDATED) - Link - Sead Fadilpašic January 15, 2019  - Archive
      • Cryptocurrency trader Cryptopia headquarters under police lockdown after millions suspected lost in breach - Anna Loren, John Anthony and Michael Hayward 15:14, Jan 16 2019 - Link - Archive
      • Crypto Exchange Cryptopia Hacked, Police Starts Investigation - Nick Chong | January 15, 2019 | 8:22 am - Link - Archive
      • What we know about the Cryptopia hack (so far...) - Link - 15 Jan, 2019 | Updated: 15 Jan, 2019 by Jelmer van der Dussen - Archive
      • Christchurch cryptocurrency firm hacked - Link - 16/01/2019 Katie Fitzgerald
        Annabelle Tukia  - Archive
      • Cryptocurrency security breach at Cryptopia, Christchurch, investigated - Link - Katie Scotcher 7:45 am on 16 January 2019 - Archive
      • Cryptocurrency users try to reclaim funds from hacked exchange - Link - Matthew Theunissen 7:21 pm on 16 January 2019 - Archive
      • Update: Investigation involving cryptocurrency company - Link - Wednesday, 16 January 2019 - 7:30pm - Archive
      • Breaking: Binance freezes funds stolen in Cryptopia hack - Link - Team | Crypto, News on Jan 16th, 2019 at 12:29 pm  - Archive
      • Cryptopia Exchange Claims Hack, Goes Offline, Losses Reported - Link -  By Talha Dar Posted on 1 day ago - Archive
      • Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack - Link - Georgi Georgiev | Jan 16, 2019 | 20:00 - Archive
      • Cryptopia Hack analysis (min. $13,000,000 stolen) - Link - Posted byu/toldjahP - Archive
      • Cryptopia: A wildly popular platform that veered from one crisis to the next - Link - Susan Edmunds 06:52, Jan 17 2019 - Archive
      • ?ac?? ?po?a???x c Cryptopia cpe?c?? o??apy?e?a ?a ??p?e Binance - Link -  Ho?oc?? 16.01.2019  - Archive - English Translation and Archive of Translation
      • Cryptopia hacked for $13m - was it an exit scam? - Link - Chepicap via chepicap.com - Archive
      • Where’s My Money? Crypto Users Crusade To Claim Cryptopia Investments - Link - Kevin O'Brien 19 Jan 2019 - Archive
      • Some overdue transparency into the Cryptopia exchange hack - Link - 20 January 2019 - Archive
      • Mothership Public Statement regarding the Cryptopia’s security breach on 14th Jan, 2019 - Link - Linh LeJan 22 Jan 2019 - Archive
      • Police making progress in crypto-currency investigation - Link - Tuesday, 22 January 2019 - 5:23pm - Archive
      • After Cryptopia Hack, 2,000 Wallets Still Might be at Risk (UPDATED) - Link - Sead Fadilpašic and Simon Chandler January 22, 2019  - Archive
      • Unauthorised transfers from Cryptopia estimated at $NZ 23m ($US 16M) - Link - Chris Hutching16:06, Jan 23 2019 - Archive 2
      • $16 million worth of Ethereum & ERC20 tokens stolen during Cryptopia hack - Link - January 24, 2019 By Priya - Archive
      • Cryptopia compromised in another attack by hackers; loses 180k worth of Ethereum [ETH] - Link - January 29, 2019 By Priya  - Archive
      • Cryptopia funds still being drained by hackers while police investigated - Link - 9:13 pm on 26 January 2019 Matthew Theunissen - Archive
      • 15 days later, the Cryptopia hack continues - Link - 29 January 2019 - Archive
      • The Cryptopia Hack Is Not Over, Another 17K Wallets Drained - Link - Sead Fadilpašic January 29, 2019  - Archive
      • Hackers Just Stole Another $180K in Ether From Cryptopia Exchange - Link - Yogita Khatri Jan 30, 2019 at 15:15 UTC - Archive
      • Police dispute claims more cryptocurrency taken from Christchurch company Cryptopia - Link - Michael Hayward 15:48, Jan 31 2019 - Archive
      • Is the Cryptopia hack still ongoing? - Link - Erik Gibbs 30 January 2019  - Archive
      • Cryptopia might reopen in February, NZ Police says - Link - By Nikki Mandow Thursday, 31 January 2019, 1:24 pm - Archive
      • (Title) - Link - (by line/date)  - Archive



    • February 2019

      ABCDEFGHIJKLMNOPQRSTUVWXYZABCDEFGHIJKLMNOPQRSTUVWXYZLinkABCDE(by line/date)ABCDEFGHIJKLMArchive
      Police skills in doubt over Cryptopia probe into missing $23mLinkChris Hutching 16:34, Feb 05 2019Archive
      Police continue to make progress in cryptocurrency investigationLinkThursday, 7 February 2019 - 3:22pmArchive
      Police continue to make progress in cryptocurrency caseLinkThursday, 7 February 2019, 3:28 pm (Press Release: New Zealand Police)Archive
      Cryptopia hackers liquidated stolen crypto mostly through EtherDeltaLinkErik Gibbs 7 February 2019Archive
      Police give Cryptopia permission to reopen as investigation heats up.LinkNathan Smith Tue, 12 Feb 2019Archive
      Cryptopia has permission to reopenLink12/02/2019Archive 2
      Cryptopia 'could reopen' but founders are keeping silentLinkChris Hutching13:58, Feb 13 2019Archive
      Police give Cryptopia green light to re-open; it doesn't LinkChris Keall 13 Feb, 2019 9:32amArchive
      Cryptopia breach highlights gaps in cybersecurity, and cryptocurrency regulation, experts sayLinkKATIE KENNY   05:00, Feb 14 2019Archive
      New Zealand police, FBI investigating Christchurch's Cryptopia hack LinkMegan Sutherland, 13/02/2019Archive
      Hacked NZ Exchange Cryptopia Allowed to Reopen
      (note the stock photos including NZ Police standing next to a Queenstown Taxi) Wink
      Link Lubomir Tassev 14/02/2019Archive
      Cryptopia Could Reopen, Police Says - But They Remain SilentLinkSead Fadilpašic February 15, 2019Archive
      $30 million dollars' worth of stolen cryptocurrency is hiding in plain sightLinkKatie Kenny 14:55, Feb 15 2019Archive
      Cryptopia hackers liquidated stolen crypto mostly through EtherDeltaLinkErik Gibbs 7th Feb 2019Archive
      Cryptopia To Resume Trading After HackLink Marko Nesovic Feb 18, 2019Archive
      New Cryptopia Update Confirms Users Will not Access Funds for a WhileLinkJP Buntinx February 25, 2019Archive
      Cryptopia: "Worst Case 9.4% of Our Holdings Was Stolen" (UPDATED)LinkLinas Kmieliauskas February 27, 2019Archive
      Cryptopia opens up on hack; considers loss of 9.4% of its total holdings as the ‘worst case’LinkFebruary 27, 2019 By PriyaArchive
      Hacked cryptocurrency exchange Cryptopia tweets, but refuses to commentLinkKATIE KENNY16:45, Feb 27 2019Archive
      Hacked Exchange Cryptopia Discloses Estimate of Stolen CryptoLinkYogita Khatri Feb 27, 2019 at 10:30 UTC, Updated Feb 27, 2019 at 10:38 UTCArchive
      Cryptopia to Reopen in "Read-only" Mode by MondayLinkLinas Kmieliauskas February 28, 2019Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive







    • March 2019

      ABCDEFGHIJKLMNOPQRSTUVWXYZABCDEFGHIJKLMNOPQRSTUVWXYZLinkABCDE(by line/date)ABCDEFGHIJKLMArchive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive
      (Title)Link(by line/date)Archive







    • April 2019

      ABCDEFGHIJKLMNOPQRSTUVWXYZABCDEFGHIJKLMNOPQRSTUVWXYZLinkABCDE(by line/date)ABCDEFGHIJKLMArchive
      Hacked Cryptopia investors in the dark over 'rebate'LinkNikki Mandow 3 Apr, 2019Archive
      Cryptopia: the Thrill and the AgonyLinkSeñor Satoshi April 17, 2019Archive
      *NEW* (Title)Link(by line/date)Archive

    • May 2019

      ABCDEFGHIJKLMNOPQRSTUVWXYZABCDEFGHIJKLMNOPQRSTUVWXYZLinkABCDE(by line/date)ABCDEFGHIJKLMArchive
      *NEW* Cryptopia Limited appoints Grant Thornton as liquidatorsLink15 May 2019Archive
      *NEW* Cryptopia appoints liquidators after hack, trading suspendedLinkChris Hutching 16:04, May 15 2019Archive
      *NEW* Hacked Cryptocurrency Exchange Cryptopia Goes Into LiquidationLinkYogita Khatri, May 15, 2019 at 07:50 UTC, Updated May 15, 2019 at 07:56 UTCArchive
      *NEW* RIP Cryptopia? Services Halted and Liquidators AppointedLinkMark @themerkle, May 14, 2019Archive
      *NEW* Hacked Crypto Exchange Cryptopia Opts For LiquidationLinkEsther Kim, May 15, 2019Archive
      *NEW* Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading SuspendedLinkMarie Huillet, May 15, 2019Archive
      *NEW* Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended LinkMarie Huillet, May 15, 2019Archive
      *NEW* Does Cryptopia’s Failure Show Decentralized Exchanges are Crypto’s Future?LinkSamuel Wan, May 15, 2019Archive
      *NEW* Justin Sun or CZ Binance Might Consider Negotiating Cryptopia Exchange Buyout As Tragedy WorsensLinkCan't confirmArchive
      *NEW* Cryptopia: Stolen Ethereum transferred to unknown wallet days after exchange confirms liquidationLink01:43:57 UTC on 20 May 2019Archive
      *NEW* The Cryptopia Hackers Are Moving Funds Into at Least Four WalletsLinkJohn Biggs, May 20, 2019Archive
      *NEW* Founder of defunct Cryptopia exchange has already founded a new oneLinkBen Munster, May 22, 2019Archive
      *NEW* Cryptopia’s Lack of a Backup Database can Cost Users Another $2 MillionLinkJP Buntinx, May 26, 2019Archive
      *NEW* New Zealand Crypto Firm Hacked to Death, Seeks U.S. BankruptcyLinkJosh Saul 24 May 2019, 18:22 GMTArchive
      *NEW* Cryptopia Liquidator Files for User Data Protection at US Court as Process ContinuesLinkWilliam Suberg, May 27, 2019Archive
      *NEW* Hacked Crypto Exchange Cryptopia Files for US Bankruptcy ProtectionLinkYogita Khatri, May 27, 2019 at 10:01 UTCArchive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive


    • June 2019

      ABCDEFGHIJKLMNOPQRSTUVWXYZABCDEFGHIJKLMNOPQRSTUVWXYZLinkABCDE(by line/date)ABCDEFGHIJKLMArchive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive
      *NEW* (Title)Link(by line/date)Archive


    • July 2019



  • 2020


Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 01:14:20 AM
Last edit: May 01, 2019, 04:08:56 AM by Timelord2067
 #3

LOST (STOLEN) FUNDS.

All $16M worth of ETH related tokens identified by elementus.io can be read in this article: https://elementus.io/blog/cryptopia-hack-transparency/ and this breakdown: https://github.com/elementus-io/cryptopia-hack I'll be adjusting these running totals during today.  If a token is part of the list provided by elementus.io then it will be identified by the Token code being in grey and italics eg ETH

ABCDEWalletAmount / Balance$USD ValueCryptopia or Receiving AddressWallet Name
DAPSTX - 0x61b2ca4911750eb3278945f80e0c3f8a7f94578ba20b0e9240e5a86faaa166ae3,844,247,574.59689$ 267,990.19ReceivingArchive 2Cryptopia_Hack3
CENNZTX - 0x31a58df14ea3420878267e2b9cdd242d983b5298ef48c5cd9a799ed10605f39348,029,306$1,176,596ReceivingArchive 2 3TX to Cryptopia_Hack3
ETHTX - 0x8a7c2b34f23eee02401e7c3fa1ea2ce8d3132e7ca3811d673ca35898c9535aae19,390.66318614898972218$2,437,018.55TXArchive 2TX to Cryptopia_Hack
ETH0xc8b759860149542a98a3eb57c14aadf59d6d89b90.00$ 0.00ReceivingArchiveCryptopia_Hack
ETH0xaa923cd02364bb8a4c3d6f894178d2e12231655c29,113.679050642739615899$3,640,374.43
(@ $125.04/ETH)
ReceivingArchiveCryptopia_Hack2
LTCTX - (Below broken into 0.01 pieces)30,008.4464$ 943,660ReceivingArchived(unnamed)
ABCDEWalletAmount$USD ValueC/RArchiveName

Total Stolen (identified by elementus.io) - $15,951,237
Total Stolen (known - identified above LTC etc) - $ 943,660



FROZEN FUNDS

ABCDEWalletAmount / Balance$USD ValueHot/ColdName
1337Wallet2,303,828,263.89713 1337BTC 23.03828263HotArchive( 1337 )
BTXWallet642,550.0BTC 74.805671 @ 11642sats on 14th JanUncertainArchiveUnlabeled
ETH0x5BaEac0a0417a05733884852aa068B706967e7900.479823209569675315$59.54
(@ $124.08/ETH)
HOTArchiveCryptopia
LINDALbQwZbTN2K8ypHuRKNhdq5sv1hkWNJZnZX2661000000.0BTC 372.54 @ 14 satsColdArchiveCryptopia Cold Storage
LTCLcwr6zgXEMtPyrqeTxWTfYwUU11AuaoM1w-145,619.2541$USD ZeroHotArchiveIn four days 145k of LTC passed through this wallet - 30k last amount taken
MSPWallet32,000,000BTC 313.6 @ 980 sats - $ 1,156,855UncertainArchiveMotherShip have announced a coin swap
ABCDEWalletAmount$USD ValueH/CArchiveName

Total Frozen (known) - $59.54 (in $USD) PLUS
Total Frozen (known) - BTC 395.57828263 ~ $1,459,270.07


Total HOT/COLD Uncertain - BTC 313.6 ~ $ 1,156,855.96





Totals from above:

Total Stolen (identified by elementus.io) - $15,951,237
Total Stolen (known - identified above LTC etc) - $ 943,660

Total Frozen (known) - $59.54 (in $USD) PLUS
Total Frozen (known) - BTC 372.54 ~ $1,459,270.07


Total hot/cold uncertain - BTC 313.6 ~ $ 1,156,855.96

equates to

$ 8,644,779.19 USD worth of Crypto confirmed as being on Cryptopia at the time of hack and theft. (Note, this is not the confirmed amount of stolen funds, see above)



https://etherscan.io/address/0xc8b759860149542a98a3eb57c14aadf59d6d89b9 Cryptopia Hacker #1
https://etherscan.io/address/0xaa923cd02364bb8a4c3d6f894178d2e12231655c Cryptopia Hacker #2
https://etherscan.io/address/0x9007a0421145b06a0345d55a8c0f0327f62a2224 Cryptopia Hacker #3

0x3b46c790ff408e987928169bd1904b6d71c00305 source: https://ambcrypto.com/cryptopia-compromised-in-another-attack-by-hackers-loses-180k-worth-of-ethereum-eth/

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 01:14:31 AM
Last edit: February 20, 2019, 06:15:54 AM by Timelord2067
 #4

Other threads concerning Cryptopia. (WIP)


Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 01:14:43 AM
Last edit: July 04, 2019, 04:57:02 AM by Timelord2067
 #5

Creditors website posts:

Website: https://www.grantthornton.co.nz/press/press-releases-2019/cryptopia-limited-appoints-grant-thornton-as-liquidators/
Title: Cryptopia Limited appoints Grant Thornton as liquidators
Byline and Date: 15 May 2019
Archive link: https://web.archive.org/web/20190704044949/https://www.grantthornton.co.nz/press/press-releases-2019/cryptopia-limited-appoints-grant-thornton-as-liquidators/

Website: https://www.grantthornton.co.nz/cryptopia-limited/
Title: COMPANIES IN RECEIVERSHIP AND LIQUIDATION Cryptopia Limited
Byline and Date: 15 May 2019
Archive link: https://web.archive.org/web/20190704045121/https://www.grantthornton.co.nz/cryptopia-limited/

Website: https://www.grantthornton.co.nz/faqs-cryptopia-liquidation/
Title:  COMPANIES IN RECEIVERSHIP AND LIQUIDATION FAQs: Cryptopia liquidation
Byline and Date: 17 May 2019 (updated 3rd of July, 2019)
Archive link: https://web.archive.org/web/20190703215057/https://www.grantthornton.co.nz/faqs-cryptopia-liquidation/

Website: https://www.grantthornton.co.nz/update-for-cryptopia-account-holders-27-may-2019/
Title: COMPANIES IN RECEIVERSHIP AND LIQUIDATION Update for Cryptopia account holders 27 May 2019
Byline and Date: 27 May 2019
Archive link: https://web.archive.org/web/20190704045525/https://www.grantthornton.co.nz/update-for-cryptopia-account-holders-27-may-2019/

Website: https://www.grantthornton.co.nz/press/press-releases-2019/first-liquidators-report-on-cryptopia-released-today/
Title: First liquidators’ report on Cryptopia released today
Byline and Date: 31 May 2019
Archive link: https://web.archive.org/web/20190704045609/https://www.grantthornton.co.nz/press/press-releases-2019/first-liquidators-report-on-cryptopia-released-today/

Website: https://www.grantthornton.co.nz/update-for-cryptopia-account-holders-3-july-2019/
Title: COMPANIES IN RECEIVERSHIP AND LIQUIDATION Update for Cryptopia account holders 3 July 2019
Byline and Date: 03 Jul 2019
Archive link: https://web.archive.org/web/20190703131629/https://www.grantthornton.co.nz/update-for-cryptopia-account-holders-3-july-2019/

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 01:14:53 AM
 #6

Reserved #5

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
eddie13
Legendary
*
Offline Offline

Activity: 1260
Merit: 1085


BTC or BUST


View Profile
January 16, 2019, 01:55:44 AM
 #7

Their doesn't seem to be as much of a frenzy over this hackening as their was for Cryptsy.
It's almost like we are desensitized to exchange hacks by now having been around for so many of them..

I'm hoping for the best in this situation obviously but by now people should know not to store significant amounts in exchanges because their are so many ways things can go bad doing that.
Maybe one of the reasons their isn't that much of a commotion over this is that people know they should be in control of their own keys and know they partially have themselves to blame full well by now, and they are not surprised.

The coins prices are in the gutters at this time too, similar to the lows during the Crypty hack.
I haven't seen hide nor hair from Bruno over this one yet either..

This Space For Rent
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 02:12:50 AM
 #8

I haven't seen hide nor hair from Bruno over this one yet either..

I doubt we will see he-who-shall-not-be-named given Cryptopia is on the other side of the planet from him. (assuming he's come back down to Earth...)

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
paramind22
Hero Member
*****
Offline Offline

Activity: 1120
Merit: 512


View Profile WWW
January 16, 2019, 02:38:13 AM
 #9

It's not just about the loss of funds, it's also about the fact that many teams paid them to host their coins and then were delisted.  Coinexchange and many other exchanges do not delist coins like that.   If Cryptopia go down, a lot of coins will have some significant losses to their plans, because they won't have an exchange to trade on anymore.  It will be good to see decentralized exchanges and free listings of coins which has been happening in the newer small exchanges.

86B
Jr. Member
*
Offline Offline

Activity: 43
Merit: 1


View Profile
January 16, 2019, 03:03:19 AM
Merited by paramind22 (1)
 #10

It's not just about the loss of funds, it's also about the fact that many teams paid them to host their coins and then were delisted.  Coinexchange and many other exchanges do not delist coins like that.   If Cryptopia go down, a lot of coins will have some significant losses to their plans, because they won't have an exchange to trade on anymore.  It will be good to see decentralized exchanges and free listings of coins which has been happening in the newer small exchanges.

All these projects should head over to Blocknet's DX (Discord:  https://discord.gg/2e6s7H8).  Listings are completely free and their exchange is completely decentralized from its orderbook to order matching.  Pure wallet-to-wallet atomic swap trading so your funds are always in your own possession - no middle man or centralized entity/3rd party.
evgen3790
Jr. Member
*
Offline Offline

Activity: 266
Merit: 6

Russian bloger, https://evgen3790.ru/


View Profile WWW
January 16, 2019, 06:01:48 AM
 #11

New Zealand police:
http://www.police.govt.nz/news/release/investigation-involving-crypto-currency-company

My investment blog: https://evgen3790.ru/
einsteinium
Sr. Member
****
Offline Offline

Activity: 516
Merit: 252



View Profile WWW
January 16, 2019, 06:50:57 AM
Merited by Timelord2067 (1), xtraelv (1)
 #12

Luckily for Einsteinium (EMC2), we were forced to leave Cryptopia on Jan 4th on 'First Come First Serve' basis.

EMC2 51% attack on Cryptopia started on September 23rd and lasted for 10 days!
We offered reimbursement for initial wave, but it did not work out, as they were requesting full amount of 10 days of hacking which was close to 2 Millions of EMC2.
Here is our statement on that https://bitcointalk.org/index.php?topic=494708.msg48633011#msg48633011

FYI EMC2 implemented Komodo's Delayed Proof of Work and is now 51% attack resistant.

We all know what Cryptopia is, and that big number of coins they carry represents vulnerability, but they've been playing important part in crypto ecosystem, motherly maintaining all those coins. They also have great native UI which was fun to use.

It is unfortunate what happened, but keep in mind many big exchanges went through the same experience.
If they manage to come back, they will come stronger and better. It is part of growing.

We wish them all the best.










MIL coin Blue Paper www.emc2.foundation/mil
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 11:39:27 AM
 #13


Have already added, but thanks all the same.

Keep 'em coming people.

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 11:50:53 AM
 #14

I might as well start adding up the transactions that have been identified:


A user named Mark Patterson just offered 211.000 mgo for an over the counter trade in the mobilego telegram community channel. These 211.000 mgo where stolen from cryptopia. Warn your community members if your coin is stolen.

for now we know only about $5 millions of eth and cennz but i doubt its the only crypto stolen

looks like it started 2 days ago
https://etherscan.io/tx/0x8a7c2b34f23eee02401e7c3fa1ea2ce8d3132e7ca3811d673ca35898c9535aae

until today
https://etherscan.io/address/0xc8b759860149542a98a3eb57c14aadf59d6d89b9

Here are wallets with some interesting activity in it. I do not want to describe all info - everything is in blockchain
Litecoin: (Pay attention on chart and time)
A. https://bitinfocharts.com/ru/litecoin/address/Lcwr6zgXEMtPyrqeTxWTfYwUU11AuaoM1w
Bitcoin:
B. https://www.blockchain.com/btc/address/3FeGz3AivG9SUEPKcGASh4ZcD9JojUjHSL
C. https://bitinfocharts.com/bitcoin/address/bc1q2p55hccg33g6v645nspwnayzpcl99jaf3gyfpx2g8lzydc4saslq3emz6k
D. https://bitinfocharts.com/bitcoin/address/bc1q3tmym7hjvhu888l8ljy37yywx02zl9j3cyw6qaee5cf2cvl30e8sre8n0u

And as I can see wallet B is moving again
__________________________________________________
All provided info is IMO only and DYOR, please.



Also, any of the investigators of ETH transactions, is there any connection between the Cryptopia withdrawl and this post from YoBit:

https://twitter.com/YobitExchange/status/1085040949334601728 - http://archive.fo/sKZSD#selection-3519.0-3605.1

Quote

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 11:58:15 AM
 #15

Just in.

Cryptocurrency trader Cryptopia headquarters under police lockdown after millions suspected lost in breach - Anna Loren, John Anthony and Michael Hayward15:14, Jan 16 2019 - https://www.stuff.co.nz/national/crime/109950329/police-probe-cryptocurrency-transactions-at-christchurch-firm - http://archive.fo/m4It5

Quote
Police have locked down the office of a Christchurch cryptocurrency trader after it lost what appears to be millions of dollars worth of currency in a security breach.

Cryptopia's Colombo St headquarters was under police lock down on Wednesday morning after a "significant amount" of cryptocurrency is thought to have been transferred at the trader without authorisation.

Some staff gathered in the upstairs car park as others were questioned by police.

 An officer was visible in the second-storey window of the Colombo St office. Another stood in the foyer behind locked sliding doors.

Investigators were flying down from Wellington on Wednesday morning, police said.

 A police statement said officers were advised late on Monday of "an issue involving potential unauthorised transaction activity".

Police were taking the matter "very seriously", the statement said.

"We are currently talking to the company to gain a further understanding of what has occurred.

    pic.twitter.com/0ZwqFfwwHi
    — Cryptopia Exchange (@Cryptopia_NZ) January 15, 2019

"A dedicated investigation team is being established in Christchurch including specialist police staff with expertise in this area."

And now the capital markets regulator the Financial Markets Authority has been called in.

An FMA spokesman said Cryptopia reported the breach to the FMA on Wednesday morning.

 "We will be engaging with the firm and the police."

The FMA has received complaints about Cryptopia in the past and these were either forwarded onto a dispute resolution service or the FMA explained to Cryptopia customers the process for making a complaint to the dispute resolution service, the spokesman said.

The FMA did not regulate Cryptopia or the cryptocurrencies that it trades, but those providing a financial service related to cryptocurrencies needed to register on the Financial Services Providers Register – which enabled customers to access an independent dispute resolution service, he said.

 Easy Crypto co-founder Janine Grainger said the Cryptopia incident did not do the cryptocurrency market any favours.

"Every time there's a hack like this it does instil a bit of uncertainty in the public's mind," Grainger said.

"Part of the problem is it's a very young industry so hacks like this are fairly common place."

 She said there had been reports by blockchain transaction monitoring accounts on social media that the Cryptopia transfer involved two transactions worth a US$3.6 million (NZ$5.3m) combined.

One was for US$1.2m worth of a cryptocurrency called Centrality. That equates to 48 million tokens.

The second was for US$2.4m in Ethereum, or about 19 thousand tokens.

She said it was unlikely the tokens would ever be found, because there were so many exchanges they could be traded through, making tracing them a difficult task.

"I would imagine whoever has taken these funds is very good at hiding their tracks."

The best cryptocurrency experts in the world would have trouble finding out what happened to the funds, let alone the New Zealand police, she said.

She hoped police would learn from the experience and dedicate more resources to cryptocurrency crime prevention.

She warned cryptocurrency investors to be careful where they store their funds.

Rather than storing cryptocurrency in exchanges they should be kept in "cold storage", a secure storage system that's not connected to the internet such as a USB drive.

A number of Kiwis have been posting about losses on social media.

Adam Lyness, who worked as Cryptopia business development manager until November, said he did not have any information other than what was in the public domain.

He said people went into cryptocurrency trading knowing the risks involved.

"It's a new industry so I think most people going in would be aware and go in with their eyes open to the risks."

The industry had a history of security breaches, Lyness said.

"That's the nature of the industry."

He said when he left Cryptopia it had about 100 staff.

However, Companies Office records show Lyness still owns a third of a company called Intranel Consulting, which owns a quarter of Cryptopia.

Late on Sunday Cryptopia tweeted it was experiencing "unscheduled maintenance".

Then on Monday, it posted a statement to Twitter saying it had suffered a "security breach" that day which resulted in "significant losses".

    #Cryptopia has announced that they have faced #security #breach, with rumours circulating that a large amount of #ERC20 assets have been lost. Which seem to be true when we look to their hot wallet; https://t.co/JiwfNz0Xhw pic.twitter.com/lni0yl0jxk
    — Samuel JJ Gosling (@xGozzy) January 15, 2019

The cryptocurrency exchange had been put into maintenance while staff assessed the damages, it said.

"Staff then notified and involved the appropriate Government agencies, including NZ Police and High Tech Crimes Unit who are jointly and actively investigating the matter as a major crime and they are assisting us with advice.

"Until this has been carried out, the Cryptopia Exchange will remain in maintenance mode, with trading suspended."

Cryptopia was founded by Rob (Hex) Dawson and Adam Clark as a hobby three years ago.

It now has more than 1.4 million users.

It offers trading in a number of different cryptocurrencies, including Bitcoin, Litecoin and Doge.

Dawson's father, Pete Dawson, is now the sole director and a 5 per cent shareholder of Crypotpia. Pete Dawson, who is the Canterbury Returned Services Association (RSA) president said police had told him to say nothing.

The company has 90 shareholders, most of them with a less than 1 per cent shareholding. The main shareholders are Clark with 30 per cent, Dawson with 27 per cent and Intranel Consulting with 26 per cent.

Its registered office is in the Christchurch suburb Sydenham.

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
Timelord2067
Legendary
*
Offline Offline

Activity: 1974
Merit: 1284


Witty! £ $ ₹ € ¥ ¢ ≠ ÷ ™


View Profile
January 16, 2019, 12:16:27 PM
 #16

Update: Investigation involving cryptocurrency company - https://www.police.govt.nz/news/release/update-investigation-involving-cryptocurrency-company - Wednesday, 16 January 2019 - 7:30pm - http://archive.fo/UZN2N

Quote
The investigation into the alleged unauthorised transaction of cryptocurrency at the Christchurch company Cryptopia has continued today.
 
The inquiry is still in its very early stages and police are continuing to work with Cryptopia to establish what has happened and how.
 
Police are not yet in a position to say how much cryptocurrency is involved, other than it is a significant amount.
 
A large team, including Canterbury CIB and specialist staff from the police High Tech Crime Unit, have been assigned to the case.
 
There has been a visible police presence at the company’s Colombo Street headquarters throughout the day as police take the steps needed to progress the investigation.
 
While police are unable to go into details about specific steps being taken at this stage, we can say that our focus includes commencing both a forensic digital investigation of the company, and a physical scene examination at the building.
 
We are dealing with a complex situation and we are unable to put a timeframe on how long the investigation may take.
 
We are also aware of speculation in the online community about what might have occurred.  It is too early for us to draw any conclusions and Police will keep an open mind on all possibilities while we gather the information we need. 
 
A priority for police is to identify and, if possible, recover missing funds for Cryptopia customers; however there are likely to be many challenges to achieving this.
 
We would also like to make clear that Cryptopia are cooperating fully with the investigation team and a media report that police ‘stormed’ the building today is entirely incorrect.
 
Anyone with information which could assist the investigation can contact police by email at crypto@police.govt.nz (link sends e-mail).
 
ENDS
 
Issued by Police Media Centre.

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
krysta11
Sr. Member
****
Offline Offline

Activity: 288
Merit: 253



View Profile
January 16, 2019, 12:19:51 PM
Merited by Timelord2067 (1)
 #17

All Cryptopia's etheriums are here https://etherscan.io/address/0xaa923cd02364bb8a4c3d6f894178d2e12231655c

gost111
Sr. Member
****
Offline Offline

Activity: 826
Merit: 257



View Profile
January 16, 2019, 01:50:56 PM
 #18

https://cryptonewsreview.com/breaking-binance-freezes-funds-stolen-in-cryptopia-hack/

▰▰▰ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ▰▰▰ ⚡ Semux ⚡ ▰▰▰ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ▰▰▰
Sir_Astral
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile WWW
January 16, 2019, 04:26:32 PM
 #19

https://bitcoinnews.com/cryptopia-exchange-claims-hack-goes-offline-losses-reported/

xtraelv
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1354


฿ear ride on the rainbow slide


View Profile
January 16, 2019, 09:47:27 PM
Last edit: January 16, 2019, 10:54:15 PM by xtraelv
 #20


I am on the SexCoin CORE team which was one of the altcoins affected, so I have been aware of Cryptopia's failing security system and their position of shifting the blame for the hack onto the the Dev Team's of the coins affected instead of admitting that they had repeatedly failed to notice large sums of coins going missing from their hot wallets until it was far too late.


I agree that 10 days is too long. But 51% attacks are hard to detect on an exchange wallet. This is due to the large amounts of wallets. User deposit addresses, hot wallets, cold wallets etc.

Any information of a 51% attack deficit (the correct balance) has to be obtained from the blockchain - which was 51% attacked. Such balance is only available a substantial time after the attack has occurred.

For instance bitcoin monitors orphans. https://www.blockchain.com/btc/orphaned-blocks

What  puzzles me is why a coin network hasn't detected the 51% attack for over 10 days. After all - they only have one network to monitor rather than close to 500.  The trust of the entire network relies on the ability to fairly process immutable transactions. A 51% attack by definition is a blockchain based attack and it would be relatively obvious that there are a massive amount of orphans.

What you are saying - the blockchain send a fake statement (node confirmations) . But the blockchain has since deleted those (orphaned them) and after that is showing a different balance an the exchange didn't notice that for 10 days (but also wasn't allerted by the blockchain devs).
The blockchain allowed transactions occur and confirmed them initially as being true. But the attacker of the blockchain has replaced them with other fake transactions and we are holding them as true and correct. Sorry but the fake transaction are now considered the real transactions and the exchange has the problem


The reality is that after a 51% attack the blockchain balance has been altered by the 51% attacker.  So it is neither immutable or a fair representation of what occurred.
Effectively with a 51% attack and double spend fraudulent transactions get processed as real by the blockchain.

After a successfull 51% attack a blockchain no longer is , immutable, fair, reliable or representative of what should have occurred.

How does a double spend 51% attack work ? Explanation and examples.

EDIT:

This attack on Cryptopia is a sad event. Many coins are listed on there and many are reliant on Cryptopia as their only exchange.

I'm sure there is much more to this because only ETH and ERC tokens appear to be involved from the visible blockchain data.

https://cryptonewsreview.com/breaking-binance-freezes-funds-stolen-in-cryptopia-hack/

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
Thank you to madnessteat for my custom avatar hat.
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!