ChiNgadOr
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November 12, 2022, 10:37:08 PM |
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Many people believe that this is inside job and can't blame them to think this way since this is common thing happen after a platform have an issue. So better listen first on what they are saying since not opening their site will make us safe since we don't know if hacker or them might do something nasty which can affect us badly.
This remind that no exchange is safe how big or trusted they are.
I am still very confused why all these are happening ow that the exchange is I'm some shits. We can blame anyone now about the hack since we don't know how this started and how it will end. This is a great exchange and I think this news is really annoying and heart broken for the investors that has fund in the platform. I still hope that all funds will be recovered if possible because this is one of the most annoying part when we talk about crypto exchanges and how they could be of importance when purchasing crypto.
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┌∩┐(◕_◕) ┌∩┐ Not your keys, not your coins. Binance (and any other CEX) can fuck off ┌∩┐(◕_◕) ┌∩┐
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romero121
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Merit: 1213
Enterapp Pre-Sale Live
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November 12, 2022, 10:54:32 PM |
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People on twitter are saying that Sam has been spotted speaking with authorities as of a couple hours ago. It seems like he may actually end up in jail. When you think about how he was donating so much money now it doesn’t make him seem like such a great guy. I don’t know what laws he broke exactly, but losing billions of dollars of other people’s money doesn’t make him seem as altruistic as he was being presented a few weeks ago.
He's a person who have been donating a big part to the needy people. He lived simple lifestyle living in a shared appartment. He's portrayed as one among the best person in the cryptospace for what he have done to the community. Now this have changed completely and people are feeling bad. More than $600 million worth cryptocurrency have got hacked and transferred. No one is clear about the incident that happened with FTX.
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Wiwo
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November 12, 2022, 11:01:24 PM |
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There is a high probability that it was done by their insiders. It is too dramatic. I want to know how the user funds are solved.
Just as I have always said, there is no hack without the aid of an insider who will leave the back end open for access, this one will not be different from all the previous incidents of exchange hacking in history, but just as we are advised to stay away from the site for now and also delete all softer that can connect your device to the exchange. I know when investigations are concluded the real fact will emerge and we can see the true picture of what transpired and how much is lost to this hack until then we can only feed on the assumptions of other speculators.
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ZZ8ZZ
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November 12, 2022, 11:07:14 PM |
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Good call, I deleted it 2 days ago too. It's a shame what happened to this company, but that's normal if it's operated by clowns.
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coupable
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November 12, 2022, 11:41:03 PM |
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People on twitter are saying that Sam has been spotted speaking with authorities as of a couple hours ago. It seems like he may actually end up in jail. When you think about how he was donating so much money now it doesn’t make him seem like such a great guy. I don’t know what laws he broke exactly, but losing billions of dollars of other people’s money doesn’t make him seem as altruistic as he was being presented a few weeks ago.
He's a person who have been donating a big part to the needy people. He lived simple lifestyle living in a shared appartment. He's portrayed as one among the best person in the cryptospace for what he have done to the community. Now this have changed completely and people are feeling bad. More than $600 million worth cryptocurrency have got hacked and transferred. No one is clear about the incident that happened with FTX. In the face of this blackout about what happened, the incident caused a general state of panic among users, and they actually started asking questions about the integrity of trading platforms in general. There are many parties that publish information about Binance's relationship with what happened, and that it, too, can go bankrupt overnight. The sharp decline in cryptocurrency prices further confirms these concerns among users.
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Rigon
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November 12, 2022, 11:51:23 PM |
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I heard the news and saw that over three million dollars had been taken from it. But I believe millions and nine billion dollars have been taken out of there. But I'll hold their team management to account here. Maybe they did this politics not to be here. Due to which all the members of this team have removed all the money together. But please delete the app and website account very quickly. If there is money taken, remove it quickly and stay in save position.
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casinotester0001
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November 13, 2022, 12:37:03 AM |
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"Not your keys, not your Bitcoin" Here is the proof: - List of Hacked Exchanges, since 2011:I would like to share this list of hacked exchanges, after viewing the data, consider how and where you store your Bitcoins. Several types of scams appear in different sources of news, theft or loss of BTC at the individual level. I prefer to focus on the hacking of exchanges which is what affects us all, but due to the importance of some Bitcoin thefts outside the exchanges, I will include the most important. If someone wants to publish their personal experience with any of these unpleasant situations, feel free to do so. Since 2011 have stolen millions of dollars from exchanges, account theft, security breaches, phishing, some recovered others filed for bankruptcy. The solution adopted by governments to improve security is to implement more stringent and regulatory policies. - This is a list exchanges hacked 2011/2018, I hope I do not have to update this year. - 2019 has been worse than the previous year. 2020 I have updated some data and renewed the presentation of the incidents of the exchanges, I have more references obtained from several sources, once contrasted with mine they give a wider result of exchanges that have suffered some type of attack, so the presentation is annual to have a more specific vision of each year. The sources are basically online portals and social networks that warn about hacked exchange, once verified it is included in the corresponding list of the year. "Not your keys, Not your Bitcoin" 2011 > 7 Year Month Exchange Amount/$ Hacked Source:
2011 Jun. MTGOX 30.000 2.000 / BTC en.wikipedia.org/wiki/Mt._Gox#Security_breach_and_invalid_addresses_(2011) 2011 Jun. Mass MyBitcoin 60.000 4.000 / BTC blog.goodaudience.com 2011 Jul. Ubitex 15.575 1.138 / BTC en.bitcoin.it/wiki/List_of_Major_Bitcoin_Heists,_Thefts,_and_Losses 2011 Jul. Bitomat.pl 231.570 17.000 / BTC coindesk.com/hacker-attack-polands-bitcoin-exchange 2011 Aug. MyBitcoin 1.072.500 78.735 / BTC arstechnica.com/tech-policy/2017/12/a-brief-history-of-bitcoin-hacks-and-frauds/ 2011 Sep. Mooncoin 22.300 4.000 / BTC @wayne_huang medium.com 2011 Oct. Bitcoin7 50.000 5.000 / BTC coinsutra.com/biggest-bitcoin-hacks/
2012 > 5Year Month Exchange Amount/$ Hacked Source:
2012 Mar. Bitcoinica 228.000 43.000 / BTC hackernoon.com/a-huge-list-of-cryptocurrency-thefts-16d6bf246389 2012 May. Bitcoinica 87.000 18.457 / BTC hackernoon.com/a-huge-list-of-cryptocurrency-thefts-16d6bf246389 2012 Jul. Bitcoinica 300.000 40.000 / BTC news.bitcoin.com/bitcoin-exchange-thefts-forgotten 2012 Jul. BTC-e 4.500 / BTC bitcoinmagazine.com/articles/btc-e-attacked-1343738085 2012 Sep. Bitfloor 250.000 24.000 / BTC coinsutra.com/biggest-bitcoin-hacks/
2013 > 18Year Month Exchange Amount/$ Hacked Source:
2013 Feb. Bit LC Not revealed 2.000 / BTC themerkle.com/top-5-bitcoin-heists-of-2013/ 2013 Mar. Bitcoin Rain 230.000 4.000 / BTC bitcoinsaints.blogspot.com/p/3rd-mt.html 2013 Mar. BTC Guild Not revealed 1.254 / BTC bitcoinsaints.blogspot.com/p/3rd-mt.html 2013 Apr. Ozcoin 100.000 923 / BTC bitcoinmagazine.com/articles/ozcoin-hacked 2013 Apr. ZigGap 195.000 1.708 / BTC bitcoinsaints.blogspot.com/p/3rd-mt.html 2013 Apr. Bitcoin Central Not revealed x.xxx / BTC coindesk.com/hackers-hit-bitcoin-central-exchange 2013 May. Vircurex 160.000 1.450 / BTC coiniq.com/cryptocurrency-exchange-hacks/ 2013 Jun. PicoStocks 130.000 1.300 / BTC coiniq.com/cryptocurrency-exchange-hacks/ 2013 Aug. Android RNG bug Not revealed 60 / BTC bitcoinsaints.blogspot.com/p/3rd-mt.html 2013 Oct. basic-mining Not revealed 2.131 / BTC bitcoinsaints.blogspot.com/p/3rd-mt.html 2013 Oct. GBL Not revealed 22.000 / BTC bitcoinsaints.blogspot.com/p/3rd-mt.html 2013 Oct. Silk Road FBI confiscation 171.955 / BTC Silk Road - FBI.gov 2013 Nov. Just-Dice 108.807 1.300 / BTC https://en.bitcoin.it/wiki/Talk:Inputs.io 2013 Nov. Bips Not revealed 1.295 / BTC thehackernews.com/2013/11/danish-bitcoin-exchange-bips-hacked-and_25.html 2013 Nov. Bidextreme Not revealed 500 / BTC bitcoinsaints.blogspot.com/p/3rd-mt.html 2013 Nov. bitcash.cz 100.000 485 / BTC coindesk.com/czech-bitcoin-exchange-bitcash-cz-hacked-4000-user-wallets-emptied 2013 Nov. inputs.io 1.200.000 4.100 / BTC wired.com/2013/11/inputs/ 2013 Nov. PicoStocks 3.000.000 5.896 / BTC coiniq.com/cryptocurrency-exchange-hacks/ 2013 Dec. Sheep Market 100.000 5.400 / BTC coindesk.com/sheep-marketplace-track-stolen-bitcoins
2014 > 12Year Month Exchange Amount/$ Hacked Source:
2014 Feb. Silk Road 2 2.600.000 4.476 / BTC coindesk.com/silk-road-2-loses-bitcoins-hack 2014 Feb. Mt.Gox 473.000.000 750.000 / BTC cointelegraph.com/news/the-mess-that-was-mt-gox-four-years-on 2014 Mar. Bitcurex Not revealed / BTC coindesk.com/polish-bitcoin-exchange-bitcurex-targeted-hacking-attack 2014 Mar. Canadian Bitcoins 95.000 149 / BTC coindesk.com/9-biggest-screwups-bitcoin-history 2014 Mar. Flexcoin 600.000 896 / BTC coindesk.com/bitcoin-bank-flexcoin-close-600000-bitcoin-theft 2014 Mar. CryptoRush 570.000 950 / BTC coiniq.com/cryptocurrency-exchange-hacks/#Cryptorush 2014 Mar. Poloniex 64.000 97 / BTC coiniq.com/cryptocurrency-exchange-hacks/#Cryptorush 2014 Jul. Cryptsy 7.500.000 13.000 / BTC coindesk.com/cryptsy-bankruptcy-millions-bitcoin-stolen 2014 Aug. BTER 1.065.000 / NXT coindesk.com/bter-nxt-bitcoin-exchange-hack 2014 Oct. KipCoin 690.000 3.000 / BTC selfkey.org/list-of-cryptocurrency-exchange-hacks/ 2014 Oct. MintPal 1.300.000 / VeriCoin cointelegraph.com/news/mintpal-hacked-considerable-amount-of-vericoin-stolen 2014 Dec. BitPay 1.800.000 5.000 / BTC siliconangle.com/2015/09/17/bitpay-hacked-for-1-8-million-in-bitcoin-during-december-2014/
2015 > 7Year Month Exchange Amount/$ Hacked Source:
2015 Jan. LocalBitcoins 17 / BTC newsbtc.com/2015/01/29/localbitcoins-hacked-17-bitcoins-stolen-amongst-users/ 2015 Jan. 796Exchange 230.000 1.000 / BTC coiniq.com/cryptocurrency-exchange-hacks/#2015 2015 Jan. Bitstamp 5.200.000 19.000 / BTC coiniq.com/cryptocurrency-exchange-hacks/#Bitstamp 2015 Feb. BTER 1.750.000 7.170 / BTC coindesk.com/bter-to-return-hacked-funds-following-security-partnership 2015 Feb. KipCoin 600.000 3.000 / BTC newsbtc.com/2015/02/19/chinese-bitcoin-exchange-kipcoin-shuts-claims-losing-3000-btc-hackers/ 2015 May. Coinapult 42.900 150 / BTC coindesk.com/coinapult-loses-40k-hot-wallet-compromise 2015 May. Bitfinex Hot Wallet Hacked 1.500 / BTC cointelegraph.com/news/breaking-bitfinex-hot-wallet-hacked-bitcoins-stolen
2016 > 5Year Month Exchange Amount/$ Hacked Source:
2016 Mar. Cointrader Not revealed Shuts Down coindesk.com/bitcoin-exchange-cointrader-shuts-down 2016 Apr. Shapeshift 230.000 469 / BTC coiniq.com/cryptocurrency-exchange-hacks/#2016 2016 May. Gatecoin 2.140.000 250 / BTC coiniq.com/cryptocurrency-exchange-hacks/#2016 2016 Aug. Bitfinex 77.000.000 119.700 / BTC coiniq.com/cryptocurrency-exchange-hacks/#2016 2016 Oct. Bitcurex 1.500.000 2.300 / BTC news.bitcoin.com/bitcurex-forced-million-theft/
2017 > 5Year Month Exchange Amount/$ Hacked Source:
2017 Apr. Yapizon (Youbit) 5.300.000 3.816 / BTC news.bitcoin.com/hacked-korean-bitcoin-exchange-yapizon-offers-ious/ 2017 Jun. Bithumb 31.000.000 Crypto coindesk.com/bithumb-exchanges-31-million-hack-know-dont-know 2017 Aug. OKEx 3.000.000 600 / BTC cointelegraph.com/news/chinese-bitcoin-exchange-okex-hacked-for-3-mln-police-not-interested 2017 Dec. Nicehash 65.000.000 4.736 / BTC coindesk.com/62-million-gone-cryptocurrency-mining-market-nicehash-hacked 2017 Dec. Youbit Stolen 17% of its assets Shut Down https://coiniq.com/cryptocurrency-exchange-hacks/#2017
2018 > 9Year Month Exchange Amount/$ Hacked Source:
2018 Jan. Coincheck 500.000.000 / NEM coindesk.com/coincheck-confirms-crypto-hack-loss-larger-than-mt-gox 2018 Feb. BitGrail 187.000.000 /Nano bitcoinist.com/bitgrail-cryptocurrency-exchange-hacked-170-million-nano-allegedly-stolen/ 2018 Mar. Foxbit 270.000 30 / BTC finance.yahoo.com/news/270-000-brazil-largest-bitcoin-172549113.html 2018 Apr. Coinsecure 3.500.000 430 / BTC bitcoinist.com/3-5-million-bitcoin-stolen-coinsecure-exchange-hack-security-chief-suspected/ 2018 May. Bitcoin Gold 18.000.000 / BTG news.bitcoin.com/bitcoin-gold-hacked-for-18-million/ 2018 Jun. Coinrail 40.000.000 Crypto bitcoinmagazine.com/articles/south-korean-exchange-coinrail-hacked-40-million-crypto-reported-stolen 2018 Jun. Bithumb 30.000.000 Crypto cointelegraph.com/news/from-coincheck-to-bithumb-2018-s-largest-security-breaches-so-far 2018 Jul. Bancor 13.500.000 Crypto coindesk.com/token-platform-bancor-goes-offline-following-security-breach 2018 Sep. Zaif 60.000.000 Crypto / BTC coindesk.com/crypto-exchange-zaif-hacked-in-60-million-6000-bitcoin-theft
2019 > 16Year Month Exchange Amount/$ Hacked Source:
2019 Jan. Cryptopia 16.000.000 Crypto / ETH twitter.com/Cryptopia_NZ/status/1085084168852291586 2019 Jan. Liqui Crypto lack of liquidity Shut Down cointelegraph.com/news/ukrainian-crypto-exchange-liqui-shuts-down-cites-lack-of-liquidity 2019 Jan. QuadrigaCX 190.000.000 Blocked coindesk.com/quadriga-creditor-protection-filing 2019 Feb. Coinmama 450.000 emails+passwords ccn.com/exchange-coinbene-swears-it-wasnt-hacked-traders-fear-the-worst 2019 Mar. DragonEx Not revealed Crypto coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked 2019 Mar. Coinbene Not revealed Blocked blockonomi.com/coinbene-hacked-exchange-says-not/ 2019 Mar. Bithumb 13.000.000 Crypto coindesk.com/crypto-exchange-bithumb-hacked-for-13-million-in-suspected-insider-job 2019 May. Binance 41.000.000 7.000 / BTC cointelegraph.com/news/hackers-withdraw-7-000-bitcoins-in-binance-crypto-exchange-security-breach 2019 Jun. GateHub 10.000.000 / XRP cointelegraph.com/news/report-nearly-10-million-in-xrp-stolen-in-gatehub-hack 2019 Jun. Bitrue 5.000.000 cointelegraph.com/news/singaporean-exchange-bitrue-gets-hacked-losing-5-million-in-xrp-cardano 2019 Jun. Bitsane Not revealed cointelegraph.com/news/exit-scam-dublin-based-exchange-bitsane-vanishes-with-users-funds 2019 Jun. Bitcoins Norway Not revealed news.trijo.co/news/norwegian-crypto-exchange-wants-to-force-users-to-sell-their-cryptocurrencies/?lang=en 2019 Jun. BitMarket Not revealed Shut Down cointelegraph.com/news/polish-crypto-exchange-bitmarket-shuts-down-citing-liquidity-loss 2019 Jul. Bitpoint 32.000.000 Crypto / BTC cointelegraph.com/news/japanese-crypto-exchange-bitpoint-suffers-32-million-hack 2019 Nov. Upbit 49.000.000 342.000 / ETH coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether 2019 Dec. PlusToken Ponzi scammers coindesk.com/chainalysis-report-on-plustoken-scammers-blamed-for-mondays-crypto-selloff
2020 > 6Year Month Exchange Amount/$ Hacked Source:
2020 Jul. Cashaa ------- 336 / BTC cointelegraph.com/news/hacker-stole-336-btc-from-crypto-exchange-cashaa 2020 Feb. Altsbit 63.000 Crypto / BTC coindesk.com/new-crypto-exchange-altsbit-says-it-will-close-following-hack 2020 Sep. Eterbase 5.300.000 Crypto / BTC coingeek.com/european-exchange-hacked-for-over-5-million/ 2020 Sep. KuCoin 150.000.000 Crypto / BTC decrypt.co/43015/cryptocurrency-exchange-kucoin-likely-hacked-reports 2020 Dec. Livecoin 465.000 Crypto / BTC zdnet.com/article/russian-crypto-exchange-livecoin-hacked-after-it-lost-control-of-its-servers/ 2020 Dec. Altilly ------- ------------ canadaecoin.site/altilly-hack/
Please, post your comment if you are affected by this unpleasant situation or how you solved it, of course, it can help a lot. Before this thread, in the forum there was a thread with very detailed information, but it is no longer updated, I leave the link in case you want to visit it, maybe some information is useful for you.List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses: https://bitcointalk.org/index.php?topic=83794.0https://bitcointalk.org/index.php?topic=576337.0 2023 > x2024 > x2025 > x2026 > x...
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DapanasFruit
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Binance #Smart World Global Token
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November 13, 2022, 12:49:48 AM |
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In an industry that has become synonymous with scams and hacking, this latest FTX hacking incident is not anymore a big surprise to me and can even be just its natural progression as everybody on the FTX ship have been jumping from the platform. They decided that why not take some assets that they can salvaged but because the platform is now closed so nobody can be making any withdrawal the best option is to hack it from the inside out. I am looking forward for a more dramatic legal battle ahead to recover some of the hacked funds and to make those people responsible with this big mess accountable with the law. We don't need special laws to cover what SBF and his minions did...laws on stealing can easily take them.
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o_e_l_e_o
In memoriam
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November 13, 2022, 06:57:44 AM |
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Kraken chief security officer (that Nick Percoco guy) confirmed that they know who is behind that account. Remember that the person/people who pulled off this inside job had access to everything belonging to FTX - wallets, private keys, servers, websites, apps, source code, the lot. They would certainly have had access to transaction histories, and so could simply have picked the Kraken account of an unsuspecting FTX user to send some of the stolen funds to in order to throw people off the scent. And they could well have also had access to FTX's collected KYC data, meaning they could have used that data at any time in the past to open a Kraken account in someone else's name. Or they could just have bought some of the many many users' KYC data which is up for sale on the darknet. It's too early to assume that whomever this Kraken account belongs to is the main culprit or indeed is actually involved at all.
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Fullcoinese
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SOL.BIOKRIPT.COM
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November 13, 2022, 07:09:50 AM |
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doesn't this sound like a deliberate hack by an FTX insider? and they told me to delete the app and then run away. however, this hack sounds too coincidental. The news is currently circulating on social media. they now look like criminals.
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Rikafip
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Iznad svih Hrvatska!
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November 13, 2022, 07:15:11 AM |
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Remember that the person/people who pulled off this inside job had access to everything belonging to FTX - wallets, private keys, servers, websites, apps, source code, the lot. They would certainly have had access to transaction histories, and so could simply have picked the Kraken account of an unsuspecting FTX user to send some of the stolen funds to in order to throw people off the scent.
Good point. Thinking of it, they could even frame another FTX employee that they know has Kraken account and has access to everything needed, which would make him an obvious target.
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EarnOnVictor
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November 13, 2022, 07:45:16 AM |
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I don't believe almost everything I read on social media because they are heresies, they are not worth acting upon decisively. So the OP is telling me that FTX could have let down its guard as totally as this, and would not be able to reclaim its site and apps again to the extent that all money is gone? To where? Such has never happened before to such a big company before, the worse is for the hackers to steal a certain amount, that's all.
This is yet another social media nonsense, which is why I only rely on what I read from reliable news outlets.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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franky1
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November 13, 2022, 10:39:00 AM |
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People on twitter are saying that Sam has been spotted speaking with authorities as of a couple hours ago. It seems like he may actually end up in jail. When you think about how he was donating so much money now it doesn’t make him seem like such a great guy. I don’t know what laws he broke exactly, but losing billions of dollars of other people’s money doesn’t make him seem as altruistic as he was being presented a few weeks ago.
when it comes to crypto. crypto does not just disapear off blockchains. and so users that deposit crypto but dont swap it for non crypto(fiat/non blockchain tokens) their crypto should be reserved and held and returned 1:1 by users not being able to get back their crypto is bad and can involve unlawful/criminal reasons why those cryptos are gone he could be speaking to them about giving evidence/proof of "hack" meaning he is a witness/victim giving evidence of an outside crime.. or the authorities could be looking at him as a suspect of insider fraud we dont know yet so its speculation.. anyways legally(contract/finance(punishment:fines/restrictions) he sidestepped liability of personal bankruptcy and having to be limited in his future business practices by stepping back as CEO and putting a fall guy in when filing bankruptcy. (captain did not go down with the ship) however lawfully(criminal(punishment: probation/prison)) he could be done for fraud or theft if authorities can prove he wronged his customers outside of the terms/conditions of user agreements and where he crossed the lines of tax law or accounting law i never seen him as altruistic. he was a liquidator. yes for a 30yo he had a savvi business mind about some of the loopholes and methods to gain assets even things like saying "dont use the app, dont use the site" is savvi way to stop a bank run by getting users to not go to the site (if there was no real hack but just insider shuffling of assets) ... many businesses think if they throw in the word "investment company" they can get away with users losing their value. but this is about the exchange market orders of the users swapping at bad value and not able to trade back later at better value. where the market is not at fault for users decisions to trade badly however as a custodian (holder) of users assets not traded. those assets should not have moved/lost.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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pixie85
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November 13, 2022, 11:00:55 AM |
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doesn't this sound like a deliberate hack by an FTX insider? and they told me to delete the app and then run away. however, this hack sounds too coincidental. The news is currently circulating on social media. they now look like criminals.
To me it does. I think it's Sam that's behind all of this including the "hack" that happened like a day after he stepped down as CEO. I don't know how many of you already know about this, but there's a rumor the CEO of Alameda Caroline Ellison (who was Sam's girlfriend) was given 10 bn USD by Sam and some of that money was used to attack other exchanges and tokens. The money was used to attack Binance futures exchange and also to crash LUNA. Each of these attacks costed them a lot of money which is why so much f the users funds is missing from the exchange. IMO we got ourselves the greatest villain of crypto since Karpeles.
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MoonOfLife
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November 13, 2022, 11:48:18 AM |
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doesn't this sound like a deliberate hack by an FTX insider? and they told me to delete the app and then run away. however, this hack sounds too coincidental. The news is currently circulating on social media. they now look like criminals.
To me it does. I think it's Sam that's behind all of this including the "hack" that happened like a day after he stepped down as CEO. I don't know how many of you already know about this, but there's a rumor the CEO of Alameda Caroline Ellison (who was Sam's girlfriend) was given 10 bn USD by Sam and some of that money was used to attack other exchanges and tokens. The money was used to attack Binance futures exchange and also to crash LUNA. Each of these attacks costed them a lot of money which is why so much f the users funds is missing from the exchange. IMO we got ourselves the greatest villain of crypto since Karpeles. As far as I know FTX and FTX.us are two separate exchanges and have different headquarters and different servers, it's no coincidence that both exchanges were hacked at the same time. Only the insider and I think the head, he is the one who holds all the assets of the company, only he has the ability to create an attack on his own company. He will have to receive retribution for sabotaging Luna and other projects before. CZ did the right thing.
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franky1
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November 13, 2022, 12:20:16 PM Last edit: November 13, 2022, 12:30:24 PM by franky1 |
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I don't know how many of you already know about this, but there's a rumor the CEO of Alameda Caroline Ellison (who was Sam's girlfriend) was given 10 bn USD by Sam and some of that money was used to attack other exchanges and tokens. The money was used to attack Binance futures exchange and also to crash LUNA. Each of these attacks costed them a lot of money which is why so much f the users funds is missing from the exchange.
from what im gathering.. FTX had a token called FTT which alameda had ALOT (multiple $billions of value) which meant that alameda also meant to have bank account fiat to back up those tokens so although customers put fiat deposits into FTX exchange. the conversion to FTT token meant the bank account fiat moved to alemeda to back the token however alameda is supposedly (the speculation rumour) used that bank account fiat for alameda/FTX business plans and not kept it as reserves for customers to back the FTT token this is why CZ pulled out and sold his stake in FTX because CZ paid using the FTT token which CZ found to be now fractional reserved/lost its peg due to not having the fiat to back the token. due to FTX/alameda spending the reserves on other business plans .. but thats a fight for the fiat stuff of bankruptcy legal bureaucracy. which seems to be leading to unlawful criminal charges. to me the fiat losses and shuffling is just side drama of fiat society stuff.. i personally want to know about the crypto custodial/reserves SBF handled, and where over the years they have shuffled around, and where they are right now where by i want to know how much some secret entity(SBF or a partner has secret retirement fund keys) might be holding a big bag of crypto away from authorities to throw around in later years,, which would affect the crypto markets/industries long after the bankruptcy criminal actions of fiat have blown away in the wind of history
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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darkangel11
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Don't let others control your BTC -> self custody
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November 13, 2022, 01:06:49 PM |
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"hacked" yea right... The original hack was a backdoor implanted by SBF that allowed him to move funds from FTX to Alameda without affecting the balance sheet. Remember that South Park meme where a bank employee says "and it's gone"? That's exactly what was happening to the coins you were depositing on FTX for many months but nobody knew about it. SBF controlled all the funds and I hope he gets all his and his family's money taken away for this. Unfortunately it took the liquidators about 6 years to count and sell Mt Gox assets so if you had something stuck on FTX you'll maybe get it back in 2030.
At least we can learn on other people's mistakes. Once again Novogratz is proving to the world how dumb he is. First Luna tattoo and investing in Do Kwon who run away with the money, now he says he lost 5% of all his money on FTX. Not your keys not your bitcoins.
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m2017
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keep walking, Johnnie
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November 13, 2022, 01:21:36 PM |
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I’ve heard over 300 million dollars has already been taken. Possibly up to a billion dollars. Early speculation is that it’s an inside job by FTX employees or possibly even Sam trying to make a getaway. I’ll wait until we find out what really happened but it sounds like this is quickly on its way to becoming a Hollywood movie. Be careful out there!
This news has spread all over the media and you are right in saying that we don't know the true cause of what happened. Maybe this is a hacker attack (and this is a coincidence with the moment of the collapse of the exchange. ha, I almost believed it), or maybe the owner or the project team is trying to hide part of the funds (I would have believed it more). Against this background, claims of malware in the app and website look like fake (to me) to scare users away and buy time to withdraw money from the exchange. Too many suspicious coincidences. The bad thing is that the consequences of these events will reverberate throughout the crypto industry for a long time to come, as has happened more than once before. Have you already noticed the change in the price of btc?
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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DooMAD
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Leave no FUD unchallenged
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November 13, 2022, 01:23:49 PM |
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This is a great exchange and I think this news is really annoying and heart broken for the investors that has fund in the platform. I still hope that all funds will be recovered if possible because this is one of the most annoying part when we talk about crypto exchanges and how they could be of importance when purchasing crypto.
Help me understand the mindset here. What makes an exchange "great"? I could argue it's not great because... well, look at the situation you find yourself in. But you seem to have developed an emotional attachment to this particular service. How did that happen? And if the funds were recovered, would you continue to use the service if you had the option? I'm pretty sure you won't have the option, but hypothetically? I just don't get it, personally.
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Mpamaegbu
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Once a man, twice a child!
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November 13, 2022, 01:31:21 PM |
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According to some people in social media, FTX has been hacked and users who have the app installed in their phones might be at risk for malware if they update this. It will be safer to delete it. It is also adviced to avoid going to the site because there might be trojans.
I've the FTX tracking app I use to keep my portfolio in check. I hope the alleged malware doesn't affect it, anyway. In all honesty, I was sympathetic to SBF when the news first broke that his exchange was having financial crisis but with what's emanating now I'm beginning to think that dude is a criminal. If truly there's a hack, he's more likely the arrowhead. To even think he was reported to have used investors funds for stocks which crashed and led to his exposure, and now this hack. Dude is not clean whichever way we want to look at it.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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