You are the worst thing to ever happen to Bitcoin. Your censorship has been more damaging to Bitcoin than Butterfly Labs, Pirate at 40, Bitcoinica, MtGox or even the 1MB block size limit. Your censorship has caused years of infighting, years of missed progress, and caused the community to do nothing but fight within itself. Congratulations on being the worst thing to ever happen to Bitcoin.
Bitcoinica claim of 64532 BTC and $135k accepted by Mtgox bankruptcy trustee.
You can see it in the released PDF, it's creditor nr B200132 and B200133. For those that don't know, Bitcoinica was an infamous trading platform from the early days that got hacked. Another interesting observation, olivierjanss (Olivier Janssens) tried to claim his bitcoins that he already sold on the bitcoinbuilder platform again. Luckily it got rejected. (creditor nr B203103)
Questions about the BTC-e Situation and Possible Connection to Alphabay's Recent Demise? (Long post)
Foreword: I am a geek for all things hackebitcoin related drama. I think this stuff plays out like a soap opera and it's beautiful. It's due to the simple fact that the BTC community is made up of a diverse set of people: Hackers, Entrepreneurs, Nerds, Drug Dealers, Fraudsters, etc. So I think for historical purposes it is great to note all the events that happen during huge events like this, because should bitcoin take off, this will be stuff of the history books. So if you have any information to share, please do, and let's try to make archives of all information as websites come and go.
The recent BTC-e post by wizsec is a very big deal, possibly more than most people here realize. BTC-e was an integral part of the crypto trading industry. However, there is still a lot of missing information that greatly affects the narrative and I would like anyone to chime in with educated opinions.
So I have a couple questions about the role btc-e played in laundering funds in the past and what their involvement with the mtgox hack is.
What evidence do we have that Vinnik actually had direct knowledge of the source of the funds he was dealing with? I imagine it's possible that such a large deposit into his exchange would lead him to move them in a manual manner. Obviously he would make a connection on his own due to the size and timing of the deposits, but there is a significant difference between direct involvement and knowledge in the laundering of hacked funds and simply having them show up in your exchange.
The timing of alphabay's admin's arrest is suspect because of he was also Russian and(thanks monerofan33, i've been huffing freon since ab went down) I can imagine btc-e being used to launder alphabay's funds.
What role did btc-e play in the actual hacking of mtgox and other exchanges? Multiple posts by prominent members of the Bitcoin community state in no uncertain terms that btc-e hacked mtgox. Wizsec simply states involvement in laundering of the hacked funds, which is an important distiction. It's hard to imagine that btc-e was responsible for all the hackings, so I personally suspect btc-e's activity to be limited to laundering. Perhaps the reason the funds ended up in Vinnek's non-excange  related addresses is because he traded clean btc-e from btc-e deposits and then used the stolen funds in mass for himself.
EDIT NEW QUESTION: Was the seizure (link) legitimate? I read in a comment that the seizure page was only served to US ip's, is there any truth to that? The whois info was updated on the 28th and name server updated to 74-208-15-160.sinkhole.shadowserver.org which, according to this krebs article, is the same thing that happened to liberty reserve when it was shut down.
I had more questions ealier but I can't remember them at this time, so I'll edit this post as I remember them. If you have any questions you think should be displayed above, post the and I'll edit them in. I appreciate any input on this situation because I find it downright fascinating and I have the feeling it goes deeper than we think.
Quiz time: Name a bitcoin brokerage that will never have a headline ending with "... unable to repay customers following alleged heist"?
Answer: Novauri. Sign up for our closed US beta in Q2 2015 and we will waive your purchase and sale fees. Forever. Novauri is a bitcoin purchase and sale service going into a closed US beta in Q2 of this year. What's different about Novauri? When you create your account with Novauri and generate a wallet, we never, ever have access to your private keys. This isn't an option, it's the design of the service. We even let you add your own address (such as a paper or hardware wallet), and we'll send bitcoin you buy directly to it. So what? Why should you care? This won't happen to you at Novauri. Or this. Or this. Or this. Or this. Or this. Or this. Or this. Or this. Or this. Or this. Or this. Or this. Or dozens of others. Novauri is designed to work safely with bitcoin and let you keep control of your money. We told you so then, and we are telling you again now. Services that pool any customer bitcoin are not safe, regardless of their level of security. Insiders are humans, and some of them steal and most of them can be manipulated. We're clear to operate in the majority of US states for our online service, and we are working on the rest aggressively. Keeping a bank is always hard for a brokerage without powerful connections, but we are confident we will still launch in Q2 as promised. Please sign up for our service and give us your support. Thank you!
Coinbase ID verification is very hard for blind users. Good alternatives that work in the EU?
I used to be involved with Bitcoin back in the day, and had accounts with MTGox, Bitcoin24, and Bitcoinica (you see a pattern here ;-)). Today I wanted to get involved again, and I looked at exchanges that work in the EU. Coinbase seemed like the straightforward answer. Unfortunately I'm blind and they inexplicably (to me) require taking a photo of my ID with my phone camera. This is basically never going to happen. There are blind people who can manage this, but I'm not one of them. I tried several times and got illegible results.
Why do they insist in this way of verifying ID? I sometimes need to send a photo of my ID and I have it scanned for a reason.
Are there other reliable ways to trade Bitcoin in the EU which do not involve this nonsense?
The "BearWhale" recently crashed the price of Bitcoin by cashing out nearly $8 million worth of BTC. But, just as recently as two and a half years ago, all it took to crash the price was a measly $13,000 investment in 10:1 leveraged Bitcoin shorts. Unfortunately for the person who made this bet, though, he (or she) made the mistake of bragging about it, posting a screenshot of the highly-leveraged position on the BitcoinTalk forum. Unlike today, when we wonder who the BearWhale may be, the "BearWhale of 2012" openly identified not only himself, but his financial position as well. This meant that everyone could see the exact point at which his bet on the price of Bitcoin going down would be force-liquidated, and he would lose everything. So that's exactly what happened. The original posts have since been deleted, but another trader (and rather perturbed Bitcoin supporter) saw the post of the leveraged "BearWhale of 2012" bragging about shorting Bitcoin, and decided to buy a large amount of BTC instead, raising the price and forcing a margin call on the position. He then posted saying he had done so, decidedly slaying the "BearWhale of 2012." The result was immediate, and hilarious. Given the somewhat shoddy and unreliable nature of Bitcoin trading platforms at the time, most traders had no idea what had happened. MtGox had a live data feed that was prone to melting down at the most inopportune times. As far as most traders could tell, the price had just inexplicably gone down, and then just as inexplicably gone back up, while in the mean time many leveraged positions had been thrown into disarray. Many were blaming the trading platform, Bitcoinica, for a glitch. But word of the dueling shenanigans spread on the forum, and most quickly realized that the reality of Bitcoin trading was "far more entertaining than some TV drama". In the aftermath, the volume and zeal of Bitcoin speculative trading was dampened considerably by this episode, and the price stabilized for a lengthy period. No doubt many lawyers and accountants were consulted, and probably even some lawmakers contacted, due to money earned and lost. Leveraged Bitcoin trading would eventually disappear for a time. Today, though, it is in the process of returning. The players have mostly all changed, but the game remains much the same.
To those who have been around since 2013 or prior, what event do you think is important for newbies to be aware of
There are certain precedents that have been set by certain events in the bitcoin industry that dictate how we view certain topics. Please help the newbies out by providing information about the event. Also, if you just have something thats straight up just interesting. I know I would have loved that. At the bottom of this page i will link to a bunch of good reads about certain events. I will continue to add more info and some terms may lack explanations until i get around to getting the info together but you still have the option of googling it. Here's a good place to start (although it's a bit outdated, these were all some of the biggest events in bitcoin)
I've always said that those of us who have been into bitcoin since 2013 and got to ride both the big bubbles (the april 2013 one and the late 2013 early 2014 one with mtgox happening shortly afterwards in feb i believe). People need to face consequences because of their actions and the problems mtgox was facing weren't a secret and lots of redflags caused many of the smarter users to stop using the exchange. If the Bitcoin community were in charge of the decisions made within the ethereum team, there would have never been a fork when the DAO hack happened. It allowed people to compromise many advertised principles of ethereum (immutability! Code is law! etc...) and worst of all it set precedent for people to start whining the next time there was a large amount of funds Lesson teaching events Google these terms to find more info, pm me if you're having trouble
Bitcoinica (After getting hacked once, then amir taaki released source code (for the purpose of demonstrating something, I forget why he did it) on github but left api keys in it so users stole the funds that way (i believe that's what happened feel free to correct me)
Instawallet/inputs.io/mybitcoin/many, oh so many other
Simplest possible MtGox explanation: Mark is locked out of the bank, due to an investigation that he is fully cooperating with.
We're all having a hard time believing that MtGox burned through over 700,000 BTC before noticing the malleability bugs in their system. It is possible to verify this, given the right logs, but I haven't found anyone with the logs, so far. Mark has at least three lawsuits on his plate (Bitcoinica, CoinLab, and the seized US assets), and that does not include whatever investigations he was regularly forced to initiate on suspicious activity, or mention of MtGox by prosecutors during the Silk Road trial, or the police report he filed against mobsters well enough versed in identity theft to pull off the malleability heist. Now we hear that New York and Tokyo prosecutors are investigating as well. His operation is swimming in legal problems. Mark has repeatedly indicated that he is not allowed to comment on such matters. This has never struck me as unusual, although I don't know how Japan works. The secrecy is sensible if there is a loose criminal to bust. At some point, some prosecutor may have pointed around and said, "that's evidence". If they, at any point, pointed at the private keys, in the bank, Mark may simply not have access to the tools required to stay in business right now. One reason they may have locked him out is that Mark's personal assets were kept in MtGox, and there may be accusations against his person, or a no-option deal with prosecutors requiring a bond. If he is severely bound against describing the investigation, then the theft explanation may be the best he is allowed, at the unfortunate moment he is looking for a less-burdened buyer. It is also not, strictly speaking, a lie. Mark has lost his company's reputation, his coding reputation, and access to his bitcoins; but he can still live with himself (and maybe survive a trial in court) if he maintains his honesty. I think this is easier to believe than losing all the coins without noticing. If anyone has that tx log, we could check.
This is the best tl;dr I could make, original reduced by 78%. (I'm a bot)
We won't beat around the bush with it: Vinnik is our chief suspect for involvement in the MtGox theft. In total some 300,000 BTC ended up on BTC-e, while other coins were deposited to other exchanges, including MtGox itself. Some of the funds moved to BTC-e seem to have moved straight to internal storage rather than customer deposit addresses, hinting at a relationship between Vinnik and BTC-e. The stolen MtGox coins were not the only stolen coins handled by Vinnik; coins stolen from Bitcoinica, Bitfloor and several other thefts from back in 2011 and 2012 were all laundered through the same wallets. Moving coins back onto MtGox was what let us identify Vinnik, as the MtGox accounts he used could be linked to his online identity "WME". Having identified the actual transactions for the bulk of the stolen MtGox bitcoins, we traced them and clustered all addresses involved, quickly finding that other stolen coins were making their way into the same wallets. As some coins were deposited back to MtGox, we could identify which accounts were used to receive them; two in particular were of interest, and were possible to link to the online identity "WME".
From the CoinLab website, we can see that Peter Vessenes is currently trying to find success in the field of "Blockchain Analytics for Governments, Agencies, Industry and Investigations" Peter got involved with these companies just before they dramatically turned from gold to shit. Bitcoin Foundation MtGox Bitcoinica Are there any other ventures touched by the hand of Vessenes? Has he been involved in any success stories?
Onde esta Leandro Marciano César? Dono do Mercado Bitcoin e Maestro do maior golpe de bitcoins no Brasil.
A 1 ano Leandro Marciano César deu o maior golpe de Bitcoins no Brasil. Usando seu site Bitcoinrain (fundo de investimento) e Mercado Bitcoin (Bitcoin Exchange). http://imgur.com/7n93e08 A Historia toda pode ser lida aqui https://bitcointalk.org/index.php?topic=160150.0 Hoje Rodrigo Batista socio de Leandro Marciano Cesar no MB (talvez ex socio para desvincular a imagem negativa) investe muito dinheiro em propaganda para justamente limpar o passado obscuro do Mercado Bitcoin. Apenas lembrando a alguns, que o suposto assalto que lesou centenas de usuários em milhares de BTCs foi feito no Mercado Bitcoin. Que era de responsabilidade de Leandro Marciano Cesar. Rodrigo Batista você é responsável em dizer onde esta seu socio ex socio perante aos usuários e perante a policia. Para que ele possa pagar pelo golpe que ele deu. E novamente você é dono da herança que seu parça deixou para você. Fingir que você não sabe de nada, e que tudo não passa de uma guerra de exchanges, só afirma mais ainda sua ligação com o golpista. Um aviso a todos uma hora ou outra a policia tera q investigar essa passado do Mercado Bitcoin. E seu dinheiro e seus Bitcoins iram desaparecer da tela do seu computador do mesmo jeito q aconteceu com todas as exchanges q deram fraude. MTGOX, Bitcoinica, Bitfloor, e tantos outros. Veja [Lista] do Bitcointalk que inclui Mercado Bitcoin (https://bitcointalk.org/index.php?topic=83794.320) http://imgur.com/i4dwIN2 Rodrigo Batista se você compra algo que foi roubado faz de você responsável pelo crime.
Mt. Gox. Bitcoin Settlement Deadline Pushed to October 2020. The Tokyo District Court grants the Rehabilitation Trustee in the Mt. Gox case another extension for the submission of the reimbursement proposal. The Trustee, Nobuaki Kobayashi, filed for an extension motion on 30th June, 1 day before the submission date. The court has set 15th ... A years-old $75 million lawsuit against Mt Gox by US company CoinLab is delaying payouts to creditors, the Japanese bankruptcy trustee revealed today. Bitcoinica's cash and bitcoin assets are held in accounts on the MtGox exchange in Japan, which was the world's largest bitcoin trading exchange before it collapsed in April 2014. For 6 days, the Bitcoin value is fixed at 31.91 USD on MtGox. June 12th BTC to USD rate decrease to 10 USD. June 13th The first theft occurs in the history of bitcoin. User allinvain reports 25 thousand coins (375 thousand USD). ... Bitcoinica was hacked twice in 2012, ... The bitcoin community later found out that the exchange was hacked and 850,000 BTC was stolen. Later, Mt Gox CEO Mark Karpeles found 200,000 BTC ($1.3 billion using current exchange rates) in cold ...
Bitcoin crash on mtgox exchange ( timelapse ) April 10 ...
Kim Nilsson - Cracking MtGox Information on how mtgox got hacked from the breaking bitcoin meet up 2017 subscribe to TheBitcoinArmy youtube channel 6 March 2011 (bitcoin price $0.90) 8 June 2011 (bitcoin price $32) 19 June 2011 (bitcoin price $0.01) 19 Oct 2012 (bitcoin price $11.84) June 20, 2013 (bitcoin price=$111) 7 February 2014 (bitcoin ... I talk about Bitcoinica being sold by the 17 year old creator. Give a coin-tip on how to transfer bitcoin without going through Mt. Gox. I also give my opinion on Bitcoin ads and the futuristic ... Bitcoin Investors: I would like President Obama to bail out Bitcoin investors. https://www.change.org/petitions/bitcoin-investors-i-would-like-president-obam... Quelle: News Report on BBC This Channel is collecting Reports and Interviews about Bitcoin / Cryptocurrency. Is there any Clip that should not be on this Channel, or should I complete the ...