ok this has gone on way too long.
firstly, the core team and exchanges were informed straight away post hack, coins that were taken from the exchange were returned, and subsequently the CEO of the exchange that was hacked gave me a bounty which i didnt even ask for. ( i did mention to another member of the team that i hope i get one, but a request for one was never put forward by myself for a bounty).
The hack, which was more social engineering to be honest, is not nem specific. it is to do with how exchanges handle certain aspects of particular coins. i could have done it with a number of other coins. it is not a technical fault in any coin, its a workflow fault of exchanges, which as far as i know has now been fixed.
CECVW contacted me, requesting that i help him claim coins. (a stake that has not been touched since genesis). the address he gave me was the polo address, which at the time i didnt realize, so it was sent without a message. i already had this "hack" in mind a few weeks prior but because i had no coins, and couldnt have expected anyone to just hand me a sizable amount of coins to test it with, so the delay him getting polo to return the coins was the perfect opportunity test the hack that i was pretty sure would work, which it did. yes i was wrong for taking advantage of a users inability to use the client and claim coins, but quite frankly, i knew he was going to dump anyway, so i figured it was for "the greater good". should a user with malicious intent have figured out the hack, exchanges could have possibly been cleaned out of nem, or a number of currencies which would have been disastrous for all coins and exchanges involved.
my thinking behind it was that i could test exchange x and exchange y, before he even noticed the coins were missing, which would have worked flawlessly only for the support at exchange y was horrifically slow so polo had notified him that someone else had claimed the coins before him. at this point, i informed him what i was doing, and should the coins have already been returned to me i could have returned them at that point, when he was pretty ok with the whole thing other than being a little annoyed i had caused him worry (understandably). but i figured after 2 years of helping him with NUMEROUS things, he would have forgiven me considering i was doing for a just cause. i was wrong.
i couldnt do anything at this point because the withdraw from exchange y had failed, something wrong with their deamon or something and i hadnt gotten my bounty yet so i couldnt return the coins from that. my hands were tied at this point. i showed proof of this but it wasnt enough, he started to flip.
i must also point out, that his main point of concern at this time was how much i managed to hack, and how big my bounty was, and whether he would get a cut of it. i felt no obligation to provide this information at this point so i didnt. soon after i received what can only be described as a threat to "out" me and in return he would get a bounty from the nem team for "outing" my devious behavior and also saying the he would "destroy nem" and that this would be the end of nem
essentially trying, and failing, to blackmail me into giving him a cut, but not in so many words, ill post the screen shot if need be, was already shown to the core guys either way.
at some point after he had first publicly posted, i got the bounty and returned his coins. (after requesting an address a couple of times.) so the whole issue was resolved a long time ago at this stage.
yes i admit i may have been a bit devious in the way i used his coins, but frankly i could have a) just run off with his coin or b) used the hack multiple times with multiple coins and run off with all his coins and made a FORTUNE. instead i went about it the most honest way i knew. i honestly did not think that anyone would just hand over thousands of euros worth of coins to me because i had a hunch that a hack might work. if doing what i did results in an exchange not being cleaned out, which would have lead to a crash in what ever coins market and the possible closure of said exchange then i think i did the right thing. either way, its certainly not going to be the end of nem lol
also he likely benefited if he was going to just dump the coins too because the price was up about 20% when i returned the coins compared to when the coins should have hit his account had he just claimed them himself. i know thats besides the point but still..
anyway, he didnt really have any issue with the way i used his coins up until he got zero information about whether i would give him a cut of the bounty or how much of a bounty i got. it was at that point he threatened me with destroying nem, outing me as a hacker and telling the exchanges and then decided to freak out when his threat didnt work.
CECVW i have proof of all of this too if you would like to contend it. i just couldnt be bothered preparing screenshots unless its needed.
What a manipulator you are! he told me he was thinking doing this a few months ago as he was broke he did not do it to help as he did not have any money at all, look I dont know if i did wright or wrong but i felt i have to report it. you all stayed silence for 4 days and you did not come upfront in the last 4 days and now you are writting all these because i reported all! you are sham!
SEE BELOW HOW HE IS CONTRADICTING HIMSELF:
kodtycoon
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« Sent to: CECVW on: March 15, 2016, 02:42:41 PM »
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Haha sorry. I was completely out of crypto and I had to find a way back in without scalping anyone and I did because btc38. Gave me a bounty and I still have your coins. I'm currently testing bittrex so once I get those coins back I'll send them back. Its better this way cos I get back in and you don't lose anything either. I wouldn't scam U so had to find another way. Sorry for the head ache lol
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WHAT FULL OF BULLSHIT IF HE NEED TO DO HACKING FOR NEM WHY DID NOT ASK COINS TO THE NEM TEAM, AND WHY DO IT WITH 2MILLION NEMS? TO GET MORE MONEY OUT! SORRY I FOUND ALL THIS REALLY DISGUSTING
SEE BELOW:
its in bittrex. its safe though. i wuldnt put your coins at risk. i had no choice but to use your coins cos i didnt have any. couldnt have tested the exchange otherwise. hopefully you can understand that i didnt have any coins what so ever and saw an opportunity to get back in without stealing coins from anyone. ya cant blame me for taking advantage of that
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HE SAID HE DID BECAUSE HE WAS BROKE NOW HE DID IT BECAUSE WANTED TO TEST...STOP LYING! SEE BELOW HE SAID HE STOLE HE DID IT BECAUSE HE NEED MONEY NO FOR TESTING
go back thru the public posts on the nem thread.
im broke now. had to cash out over the last year because i needed the money. when you gave me that key for the account, i had 0 nem, 0 bitcoin, 0 any coin... then i was able to use those coins to hack btc38 and they are giving me a bounty for telling them about it and returning the coins that i stole. then i used your coins to try the same at bittrex. still waiting to see if it works. it only requires me to deposit coins and withdraw them so the coins are never at risk. so i litterally had 0 currency i could have used to test. but now i do, once btc38 pay me, so once i get your coins back i can return them so all is good.
SEE MORE LIES
kodtycoon
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« Sent to: CECVW on: March 15, 2016, 07:03:01 PM »
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sorry that i lied to you but i had to do something to get some coins because i cant afford to put money into bitcoin. :/ least i didnt straight up steal your coins when i very well could have. wouldnt do that to you or anyone. that is why i am a co-signatory on the nem funds because even when i have nothing, i can be trusted to do the right thing.
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kodtycoon
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« Sent to: CECVW on: March 15, 2016, 08:42:36 PM »
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because you would have freaked if i told you lol
didnt do it in the past because i only thought of the hack a few weeks ago. just never had any crypto to test it.
because i dont want to get locked up or destroy my rep. plus, i was given enough to be happy that i told them.
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UP TO YOU IF NOW NEM WANT TO TALK TO THE EXCHANGES AND KEEP SILENCE FOR THE GOOD OF ALL FINE. I CANT DO NOTHING AGAINST... I KNOW IN LIFE BAD PEOPLE WINS AND GOOD ARE BURY WITH THE TRUTH.
THERE IS GOING TO BE A LOT OF COVER UP FROM NOW ON BECAUSE OF ALL THE MONEY INVOLVED AS A MY GRANDFATHER SAID '' POWERFULL LORD IS CALLED MONEY
