Whats up with MyCoin ?

[flipme]

Strange story developing, any details?

https://bitcointalk.org/index.php?topic=548490.0

https://www.mintpal.com/market/MYC/BTC

[tokyoghetto]

1. hack account
2. see all that juicy BTC, but with no email, you can't withdrawal
3.fire up your own account
4. use own account, buy a ton of shit scam coin.
5. set high sell order for you shit coin, equal in BTC to amount in hacked account
6. log back into hacked account, buy the scam coin using the btc in hacked account.
7. hacked account is left with scam shit coin
8. your own account is stocked with over 100 BTC.
9. withdrawal 100 BTC
10. Hookers and Blow

successful hack is extremely successful.

Also, it seems like someone holding over 50k CLOAK got hacked on mintpal and CLOAK was dumped. They might be linked.

hack CLOAK account, dump CLOAK for BTC. Then use BTC to buy shit scamcoin from yourself. Withdrawal BTC.

CLOAK account is left shitscamcoin. Hacker is left with hookers and blow.

[flipme]

1. hack account
2. see all that juicy BTC, but with no email, you can't withdrawal
3.fire up your own account
4. use own account, buy a ton of shit scam coin.
5. set high sell order for you shit coin, equal in BTC to amount in hacked account
6. log back into hacked account, buy the scam coin using the btc in hacked account.
7. hacked account is left with scam shit coin
8. your own account is stocked with over 100 BTC.
9. withdrawal 100 BTC
10. Hookers and Blow

successful hack is extremely successful.

Also, it seems like someone holding over 50k CLOAK got hacked on mintpal and CLOAK was dumped. They might be linked.

hack CLOAK account, dump CLOAK for BTC. Then use BTC to buy shit scamcoin from yourself. Withdrawal BTC.

CLOAK account is left shitscamcoin. Hacker is left with hookers and blow.

Sounds legit. WTF.
Must have happened fast, no rollback this time...

Who the fuck was so stupid to park the coin on MintPal again?

[1Referee]

People should enable 2FA, it's not liked by that many people, but it's certainly much safer. The 100btc guy is now a mega mycoin bagholder. Not sure how the dude will wake up 

[tokyoghetto]

confirmed by mintpal. Hacker actually cashed out in DRK not in BTC. Most likely using DRK to hide his tracks or maybe he just wanted to set up several masternodes.

[andreasy]

100 BTC