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Author Topic: Tau-Chain and Agoras Official Thread: Generalized P2P Network  (Read 237248 times)
Foerster
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March 31, 2016, 12:38:23 AM
 #541

Imho all transactions with the stolen tokens should be voided.
Bittrex is definitely able to provide a detailed trade history.
It's like a thief stole bunch of limited collectors watches from a watch store, hastily selling them for cheap and the buyer says: "I can assure these new watches in my possession aren't going to leave my hands any time soon. So this is a nice gift for me, and you can rest assured that the collectors market will be unaffected."
The only problem is that the watches (Tokens) are still property of the watch store (Agoras devs).

I am also disappointed that they fell for such a scam. It highlights once more the weaknesses of the current organisational setup and business end of Agoras. The good thing is that the scam was early in the lifetime of Agoras, so it's impact can be unscrambled relatively easy. There's no telling what would have happened if such a thing took place later with actual trade volume and thousands of transactions outside the exchanges. One should keep in mind that scams and security breaches are the number one killer for crypto currency projects.

As part of my due diligence on Agoras, I wrote to Poloniex two weeks ago asking them if there had been any communication whatsoever taken place between Poloniex and the developers of Agoras or any other affiliated person.
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Mar 21
Thank you for contacting us about your request and do apologize for the delayed reply. You can request a coin to be added to trading at https://poloniex.com/coinRequest. Fill that out there and it will be reviewed; coins are reviewed on an ongoing basis once added to the request page. It is not voting so multiple requests will be ignored, there would not be any contact to the poster nor the dev team if the coin would be added or not. We thank you for your submission.

Best regards,
Maurice
Poloniex Support
This was actually the only red flag coming up and I didn't pay much attention to it, since all the other stuff I checked turned out to be true and made sense.
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March 31, 2016, 12:51:23 AM
 #542

Imho all transactions with the stolen tokens should be voided.
Bittrex is definitely able to provide a detailed trade history.
It's like some thief stole bunch of rare collectors watches, hastily selling them for cheap and the buyer says: "I can assure these new watches in my possession aren't going to leave my hands any time soon. So this is a nice gift for me, and you can rest assured that the collectors market will be unaffected."


Actually since we are talking about tokens that are going to be replaced, and not a stolen product with a market value all that need to be done is give the legal owner of the stolen coins (those who got it on bitrex)  only the numbers of new tokens which match the market price before the scam.
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March 31, 2016, 01:00:06 AM
 #543

Hey all! I'm the lucky buyer of the vast majority of the 500k. I just caught it on my AGRS Bittrex tab and immediately sent a happy message to Ohad. Smiley

03/30/2016 23:47:00   03/14/2016 17:25:40   Limit Buy   0.00011581   14860.70417639   14860.70417639   0.00011580   -1.72532069
03/30/2016 23:46:59   03/17/2016 20:05:02   Limit Buy   0.00020140   14858.49056604   14858.49056604   0.00020139   -2.99998125

03/30/2016 11:46:37 PM   
SELL
0.00000212   406759.55205231   0.86233025 [this one is incomplete.]

I'm an early investor and a friend of Ohad's. I've been holding my coins for well over a year now, and I can assure you these new coins in my possession aren't going to leave my hands any time soon. So this is a nice gift for me, and you can rest assured that once Ohad solves this by issuing the new token, the market will be unaffected.

This is all un-provable, of course. I suppose I can take a video of me taking out the rest of the bid at 212 once trading resumes while a few witnesses are watching. Let me know if ya'll care for me to do that.

Cheers


As an early investor you should realize that it is not fair to all other investor that you will get new tokens 1:1 for all the stolen ones even if you have purchased them legally . You should only get for the stolen tokens the number of new tokens that match the market price before the stolen token hit the market.
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March 31, 2016, 01:01:01 AM
 #544

I am also disappointed that they fell for such a scam. It highlights once more the weaknesses of the current organisational setup and business end of Agoras. The good thing is that the scam was early in the lifetime of Agoras, so it's impact can be unscrambled relatively easy. There's no telling what would have happened if such a thing took place later with actual trade volume and thousands of transactions outside the exchanges. One should keep in mind that security and compliance breaches are the number one killer for crypto currency projects.

the only one fell into this scam is me, no other people involved. hopefully such things won't happen on agoras as it will be a much more secured market, and of course does not have any central entity.

As part of my due diligence on Agoras, I wrote to Poloniex two weeks ago asking them if there had been any communication whatsoever taken place between Poloniex and the developers of Agoras or any other affiliated person.
Quote
Mar 21
Thank you for contacting us about your request and do apologize for the delayed reply. You can request a coin to be added to trading at https://poloniex.com/coinRequest. Fill that out there and it will be reviewed; coins are reviewed on an ongoing basis once added to the request page. It is not voting so multiple requests will be ignored, there would not be any contact to the poster nor the dev team if the coin would be added or not. We thank you for your submission.

Best regards,
Maurice
Poloniex Support
This was actually the only red flag coming up and I didn't pay much attention to it, since all the other stuff I checked turned out to be true and made sense.

there is a long term communication and promises between poloniex and omni to list all omni tokens.

Tau-Chain & Agoras
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March 31, 2016, 02:34:51 AM
 #545

Please write a detailed guide when new tokens are issued, I suppose we should replace our old tokens in Omni wallet and in Bittrex.

INVALID BBCODE: close of unopened tag in table (1)
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March 31, 2016, 04:15:12 AM
 #546

Hey all! I'm the lucky buyer of the vast majority of the 500k. I just caught it on my AGRS Bittrex tab and immediately sent a happy message to Ohad. Smiley

03/30/2016 23:47:00   03/14/2016 17:25:40   Limit Buy   0.00011581   14860.70417639   14860.70417639   0.00011580   -1.72532069
03/30/2016 23:46:59   03/17/2016 20:05:02   Limit Buy   0.00020140   14858.49056604   14858.49056604   0.00020139   -2.99998125

03/30/2016 11:46:37 PM   
SELL
0.00000212   406759.55205231   0.86233025 [this one is incomplete.]

I'm an early investor and a friend of Ohad's. I've been holding my coins for well over a year now, and I can assure you these new coins in my possession aren't going to leave my hands any time soon. So this is a nice gift for me, and you can rest assured that once Ohad solves this by issuing the new token, the market will be unaffected.

This is all un-provable, of course. I suppose I can take a video of me taking out the rest of the bid at 212 once trading resumes while a few witnesses are watching. Let me know if ya'll care for me to do that.

Cheers


When you know (and you know) that you purchased something that was stolen, and you even know who it was stolen from (he is your friend?), the ONLY honorable thing would be to return it. In this case, it would even be without you losing a thing, because you would get your money back in full.
Doesn't matter how you twist it, that is the ONLY way to show you are not just taking advantage of this whole criminal ordeal.

 

Dor, I have to agree with Mr.Coinzy.  If you keep the stolen tokens that were sold to you, it will leave a bad taste in peoples' mouths.  Do the right thing here.

SYNEREO - MAKE SOCIAL MEDIA GREAT AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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March 31, 2016, 04:28:30 AM
 #547

Hey all! I'm the lucky buyer of the vast majority of the 500k. I just caught it on my AGRS Bittrex tab and immediately sent a happy message to Ohad. Smiley

03/30/2016 23:47:00   03/14/2016 17:25:40   Limit Buy   0.00011581   14860.70417639   14860.70417639   0.00011580   -1.72532069
03/30/2016 23:46:59   03/17/2016 20:05:02   Limit Buy   0.00020140   14858.49056604   14858.49056604   0.00020139   -2.99998125

03/30/2016 11:46:37 PM   
SELL
0.00000212   406759.55205231   0.86233025 [this one is incomplete.]

I'm an early investor and a friend of Ohad's. I've been holding my coins for well over a year now, and I can assure you these new coins in my possession aren't going to leave my hands any time soon. So this is a nice gift for me, and you can rest assured that once Ohad solves this by issuing the new token, the market will be unaffected.

This is all un-provable, of course. I suppose I can take a video of me taking out the rest of the bid at 212 once trading resumes while a few witnesses are watching. Let me know if ya'll care for me to do that.

Cheers


When you know (and you know) that you purchased something that was stolen, and you even know who it was stolen from (he is your friend?), the ONLY honorable thing would be to return it. In this case, it would even be without you losing a thing, because you would get your money back in full.
Doesn't matter how you twist it, that is the ONLY way to show you are not just taking advantage of this whole criminal ordeal.

 

Dor, I have to agree with Mr.Coinzy.  If you keep the stolen tokens that were sold to you, it will leave a bad taste in peoples' mouths.  Do the right thing here.
its not on Elokane to decide to give it back and let others on the buy side keep theirs just because Elokane had a super low buy order.

Option A: Anyone on the Bittrex buyside who got dumped on keeps their coins as Dev said.
Option B: Bittrex rolls back all trades to the second before the dump happened.

I dont care either way though I stand to benefit slightly if there is no roll back. Along with anyone else on the buyside today that got dumped into.

$MAID & $BTC other than that some short hodls and some long held garbage.
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March 31, 2016, 04:50:27 AM
 #548

Hey all! I'm the lucky buyer of the vast majority of the 500k. I just caught it on my AGRS Bittrex tab and immediately sent a happy message to Ohad. Smiley

03/30/2016 23:47:00   03/14/2016 17:25:40   Limit Buy   0.00011581   14860.70417639   14860.70417639   0.00011580   -1.72532069
03/30/2016 23:46:59   03/17/2016 20:05:02   Limit Buy   0.00020140   14858.49056604   14858.49056604   0.00020139   -2.99998125

03/30/2016 11:46:37 PM   
SELL
0.00000212   406759.55205231   0.86233025 [this one is incomplete.]

I'm an early investor and a friend of Ohad's. I've been holding my coins for well over a year now, and I can assure you these new coins in my possession aren't going to leave my hands any time soon. So this is a nice gift for me, and you can rest assured that once Ohad solves this by issuing the new token, the market will be unaffected.

This is all un-provable, of course. I suppose I can take a video of me taking out the rest of the bid at 212 once trading resumes while a few witnesses are watching. Let me know if ya'll care for me to do that.

Cheers


When you know (and you know) that you purchased something that was stolen, and you even know who it was stolen from (he is your friend?), the ONLY honorable thing would be to return it. In this case, it would even be without you losing a thing, because you would get your money back in full.
Doesn't matter how you twist it, that is the ONLY way to show you are not just taking advantage of this whole criminal ordeal.

 

Dor, I have to agree with Mr.Coinzy.  If you keep the stolen tokens that were sold to you, it will leave a bad taste in peoples' mouths.  Do the right thing here.
its not on Elokane to decide to give it back and let others on the buy side keep theirs just because Elokane had a super low buy order.

Option A: Anyone on the Bittrex buyside who got dumped on keeps their coins as Dev said.
Option B: Bittrex rolls back all trades to the second before the dump happened.

I dont care either way though I stand to benefit slightly if there is no roll back. Along with anyone else on the buyside today that got dumped into.


I agree that Dor shouldn't be the only one to give up the stolen tokens, but if I was him, I'd be pushing Bittrex to do a rollback on all the trades.

SYNEREO - MAKE SOCIAL MEDIA GREAT AGAIN!
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March 31, 2016, 07:12:31 AM
 #549

Please write a detailed guide when new tokens are issued, I suppose we should replace our old tokens in Omni wallet and in Bittrex.

buyers should do absolutely nothing. it's all automatic. both for holders in wallet or in bittrex

Tau-Chain & Agoras
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March 31, 2016, 07:31:22 AM
 #550

Option B: Bittrex rolls back all trades to the second before the dump happened.

Hmmm...   I guess Bittrex should have done this^ immediately...   assuming no withdrawals (by buyers and/or low-life scammer) had taken place in the meantime.

Simcoin (SIM) & CryptoPlay (CPS) DEV NxtChg IS A FUCKIN' LOW-LIFE PIECE OF SHIT EMBEZZLING PSYCHOPATH   Angry
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March 31, 2016, 08:22:54 AM
 #551

Since the undo button still works, ethically correct is to restore the previous state of the presale.
None is the rightful owner to benefit from the fraud. Seller or buyer.
If the case is not solved ethically correct, the thief has not only manage to stole coins but also our confidence.
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March 31, 2016, 09:12:34 AM
 #552

I just spoke with Dor, the person who bought most of the 500K.
He wasn't aware at all to the discussion here as he's getting ready for a travel. Once I told him that there is some criticism here etc., he presented a *great* will to resolve everything. He will do whatever takes.
We have to bear in mind that after all, he's not the only buyer at that low prices, and it's not fair that other buyers will profit and he wouldn't.
Let's raise some ideas how to resolve it in a fair peaceful way, and let's give it a day or two.

Giving the BTC back to the buyers isn't an issue: if decided, I'll pay it fully, as it is all my fault.

Tau-Chain & Agoras
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March 31, 2016, 09:34:14 AM
 #553

We have to bear in mind that after all, he's not the only buyer at that low prices, and it's not fair that other buyers will profit and he wouldn't.

If no withdrawals took place and/or no further trades with the stolen BTC, Bittrex can resolve the situation without having to go down that route.  

Does Bittrex still have the BTC?  Please provide additional info.

Simcoin (SIM) & CryptoPlay (CPS) DEV NxtChg IS A FUCKIN' LOW-LIFE PIECE OF SHIT EMBEZZLING PSYCHOPATH   Angry
https://bitcointalk.org/index.php?topic=929688.msg10205597#msg10205597                    "A world with the money can not be perfect." - BCNext
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March 31, 2016, 09:36:54 AM
 #554

We have to bear in mind that after all, he's not the only buyer at that low prices, and it's not fair that other buyers will profit and he wouldn't.

If no withdrawals took place and/or no further trades with the stolen BTC, Bittrex can resolve the situation without having to go down that route.  

Does Bittrex still have the BTC?  Please provide additional info.

Let's wait for the west hemisphere to wake up and I'll ask Richie or Bill from bittrex to address the questions here.

Tau-Chain & Agoras
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March 31, 2016, 10:06:09 AM
 #555

Please explain, how was possible to steal 500k tokens?

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March 31, 2016, 10:16:51 AM
 #556

story begins at https://bitcointalk.org/index.php?topic=950309.msg14368311#msg14368311

Tau-Chain & Agoras
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March 31, 2016, 10:23:13 AM
 #557

will be glad for suggestions for a new token name, so people will distinguish it from the old token as easily as possible

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March 31, 2016, 10:30:16 AM
 #558

will be glad for suggestions for a new token name, so people will distinguish it from the old token as easily as possible


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March 31, 2016, 10:40:14 AM
 #559

We need to return BTC, and "hacked tokens" to remove.

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March 31, 2016, 11:13:13 AM
 #560

some issue prevents creating a new token now (can do it on omni test network only). omni team will fix that tomorrow, they said

Tau-Chain & Agoras
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