Yeah, that's not really trustworthy after the first signature campaign here and before our first payout....
I sincerely apologize. I'm lost for words.
LE: wow, you have Ledger and still used a hot wallet. Impressive! How could you go this wrong?!?
Yes, It was my own stupidity that this happened.
This isn't looking good at all, even on the forum. No matter how I (or anyone else) want to say you're one of the reputable managers here, facts and concrete evidence are going to be needed to prove your innocence to start with. This isn't a situation anyone will wish to be in. My advice to you is to lay the facts of what happened bare. What you've in the OP isn't enough to convince anyone yet.
There's nothing I can provide that would prove my innocence. I would like to kill myself right now but I would prefer another alternative as I have two kids whom I would very much like to see grow up.
You just scared me! If this is the case then I would say no online wallet is safe.
I would like to know if you hired any staff for campaign management, Or do you handle all the work by yourself single handly? Find out if someone else is using your computer.
Many times we use "Team Viewer" or "Any Desk" software for online meetings, and these are one of the reasons for getting hacked.
I work alone, no one else is allowed to touch my PC, not even my kids.
I don't have those apps. I only have zoom and telegram/discord for communications with project teams.
I'm not entirely sure how this happened but I'm pretty sure I've been hacked.
I don't want to rub salt into your wound, but you just made bitcointalk forum with all members look bad, and you damaged your reputation.
People trusted you on both sides, and I don't see you made clear step by step explanation what really happened with coins you received and lost.
Situation is even worse since you already own a hardware wallet, and you could easily connect it with Electrum wallet.
I am not saying you stole the money, but acting this way is no better and I have seen people getting negative feedback for smaller mistakes.
I know. Again, it was my mistake for not using my hardware wallet. I choose convenience rather than security.
Be that as it may, but the responsibility for the loss of funds lies only with you. Sorry, but the situation is not in your favor, and if someone now wants to put a flag or a red tag on you, then it will be well deserved.
I fully understand and I accept the consequences wholeheartedly.
So if julerz12 told YoMix the escrow funds are stored in a hardware wallet then why is he using the Electrum hot wallet? Was this from a on purpose?
I was expecting something better from this problem.
Yomix team was not told I'm holding the funds in electrum. They never asked, I guess they just trusted me upfront for which I am truly heartbroken that I have failed them.
Like you said julerz12, $5000 is a lot in PH so could it be possible that someone in your circle may have had access to your computer while you weren't around and simply took the funds? I've seen people do a lot worse for a lot less and you never really know whether it's family or friends.
Not that I know of. No one is even allowed in my room where I keep my PC. Not even my kids can touch it.
Sucky situation, however keep in mind that you can still offer a service here and participate in campaigns yourself in order to raise enough money so that you can pay back coinomize and YoMix - if you do care about it and if you feel devestated you know it'll be the right thing to do even if it may take a year+.
I plan on doing so. I know it will be a very long and hard road to overcome but I will most definitely try.
@julerz12, this may be a very expensive lesson for you but perhaps one you had to learn regardless. Time to change your mindset and just get on the grind to earn anything and everything you can in order to pay these two services back what is owed but remember that you can make this better and there is a way to come back from this. Don't give up and don't just leave the forum, you're better than that.
Again, I'm not planning on leaving this forum. I earn my living here (which is a shitty way of telling, I have no real job). My whole family depends on me and I would most definitely not let them down.
2 - OP negotiates with creditors to work out some mid to long-term plan of repayment -> creditors withhold from giving him a neg trust until he's repaying -> he's still able to make income on the forum but obliges himself to use either multisig address or escrow service of a more trusted 3rd party until the debts are repaid. -> creditors get paid (slowly but still) and OP has a chance to keep his income stream and rebuild his reputation.
Thoughts?
I have already suggested this to both project teams and by the looks of it, they have no plans of granting me this request, and rightfully so.
Sorry this happened to you, julerz.
Unfortunately, this incident negatively affect your reputation and harm your business as a campaign manager.
You acted as escrow so it doesn't matter whether you are telling the truth or not (I believe you are), it was your duty to keep the coins safe.
Right now, the best/right thing to do is to find a way to refund the missing amount from your own pocket then find out what happened and who got access to your wallet/device.
Thank you. I plan on working on a way to refund the stolen funds. It might take a while though as I have no other source of income other than bounty management.
I think we have a topics here how to update electrum wallet properly, how old version electrum wallets are weak in security, a lots of example how people lost their funds due to Electrum. Sadly, julerz12 must have missed all those cases and did not learn from other people experience. It will be an expensive lesson for bounty manager. His only hope is to pay funds he owe to signature participants from his own pocket. That might save his reputation. Also, those who really support julerz12 as his favourite manager and those who care about julerz12, might help him with that, as they can send him donations.
Feel bad for projects whos signature campaigns were involved. That is a hard hit on their reputation also...
Good luck!
Yes. I am using an outdated version which if I remember correctly, I just downloaded on December 2022. Either I downloaded a corrupted one or again, my entire system got hacked.
Sorry to read that. I have worked with @julerz12 on many bounty campaigns and he has always proven to be a solid and trustworthy manager. I want to believe it was just a stupid mistake that shouldn't have happened, and it will surely be a costly lesson, but I hope you can fix it.
Thanks. That's entirely it. A stupid mistake. I got careless and got negligent with the fund's security.
It's just 5000$, it's not going to ruin your life. Things happen.
Thanks. It's not really the amount that I'm totally heartbroken with but the impact this event will have on my family and me.
Please update us on your findings.
Sorry to hear that but you need to work hard to restore your reputation, you will start by trying to pay this amount over a year as the average campaign costs are $400 per month or $4800 per year.
Pay that amount and convince @[banned mixer] / [banned mixer] to do so, and you will get a natural trust with a pledge to stop running any campaigns in the future.
Yes, I plan on doing so.
Most importantly, has all the money been hacked? Do you know how it was hacked? Do you pledge extra money to other campaigns?
I am currently also holding funds to Moonbet.io (an altcoin campaign), those tokens are safe since they are on my ledger but all the BTC funds from my Electrum wallet for Coinomize and YoMix campaigns were all drained.
