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Author Topic: California Man Has Computer Hacked Then Blames Crypto Exchange  (Read 4151 times)
MicroGuy
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October 25, 2014, 01:54:06 AM
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California businessman and cryptocurrency trader, Skye Bonow, has decided to file suit against the world’s #1 altcoin exchange, Cryptsy, after having his own personal computer compromised.

In court documents filed yesterday in the 15th Judicial Court of Florida, Silver Law Firm alleges that Cryptsy violated the state’s Deceptive and Unfair Trade Practices Act by failing to provide critical information regarding security risks and customer fund management protocols.

Cryptsy founder, Paul Vernon, in a blog post today called the charges baseless and believes the timing of the news is part of a carefully orchestrated PR campaign aimed at a financial settlement.

He encouraged the site’s 300,000+ users to keep their computers safe at all times and provided several security tips.

"In this case the attack on the user making the claim came from within their own computer. This is currently one of the most common attacks by hackers. While we try to educate our users on how to secure their local environment, we ultimately have no control of a user's computer system."

Bonow, according to the court filing, lost 140 BTC in January after his exchange account was drained through a series of internal transfers and cryptocurrency trades, made by the hacker, on the Cryptsy trading platform. At the time of the loss, the bitcoins were valued at approximately $112,000.00.

Apparently, the plaintiff was previously unaware that passwords stored on personal computers can be used by hackers to access financial records and online trading accounts.

Full Story: http://altcoinpress.com/2014/10/california-man-has-computer-hacked-then-blames-crypto-exchange/

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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Spoetnik
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October 25, 2014, 02:13:09 AM
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Thanks for the heads up and it's nice to see BigVern make a public statement..
obvious why though of course lol
prob concerned about losing business.

and yeah that guys claim is pathetic anyone half a brain know you can't blame them for dumb-ass'ery

FUD first & ask questions later™
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October 25, 2014, 02:31:44 AM
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Contributory negligence
silversurfer1958
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October 25, 2014, 03:01:14 AM
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One of the ways hackers can get your login info is to install a key logger on your machine to log Key strokes. these keystrokes can be sent to the hacker who can then try to work out what your Log on and Pswd are.
If you have a key logger installed on your machine, that's not the exhange's fault.
It's up to us to ensure our machines are not compromised.
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October 25, 2014, 05:13:50 AM
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One of the ways hackers can get your login info is to install a key logger on your machine to log Key strokes. these keystrokes can be sent to the hacker who can then try to work out what your Log on and Pswd are.
If you have a key logger installed on your machine, that's not the exhange's fault.
It's up to us to ensure our machines are not compromised.


or maybe he just lied.. ever thought of that ?

why do you all fall for the I was hacked story so easily ?
i am revoking your crypto privileges for week by making a crypto-civil-arrest !
i am the crypto-sheriff and if you guys can't stop being gullible then you not allowed to have an opinion for a week !

oh and it's here too.. http://www.coindesk.com/cryptsy-lawsuit-customer-account-breach/

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Spoetnik
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October 25, 2014, 07:00:55 AM
 #6

https://bitcointalk.org/index.php?topic=678849.msg9320292#msg9320292
Quote from: Zer0Sum
...
People have to understand that Cryptsy Public Business Plan = full regulation and partnership with US Govt...
They have about 40 employees at least 50% of whom likely do Government Reporting of some kind...
Remember the late CampBX... they had the same "plan"... and the US Govt administration load killed them.

*** Not only will HYP owners lose their anonymity via Cryptsy ***...
With an annual budget in Florida of > $1,0000,000... this is a recipe for the next Gox.

They are doing a pathetic 10 BTC/day in USD trading and have gone all-in on freaking Ripple...
No one has ever made a dime off XRP except the founders... and that will never change.

next Gox ?

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belmonty
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October 25, 2014, 11:45:07 AM
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Altcoinpress.com says this story was posted by an author called MicroGuy who created the popular digital currency community GLDTalk.org. I assume that's the same person as the MicroGuy here on bitcointalk with "Founder at GLDTalk.org" written below his avatar?
Piston Honda
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November 03, 2014, 06:56:38 PM
 #8

Sucks to be him.

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November 03, 2014, 07:35:08 PM
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worth a read https://www.cryptsy.com/pages/terms
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