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Detail Analysis

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Date:

Status:

Count:

Contributor:

March 2, 2012

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Verified

3

zerofriction.io

Loss Amount:

228,845

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Recovered Amount:

-

Currency:

Dollars, BTC

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Bitcoin

Exchange

Assets

Front-end Vulnerabilities

Extended Method:

Front end vulnerabilities, hot wallet

Data Sources:

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Online bandits made off with at least $228,000 (46,703 BTC) worth of the virtual currency known as Bitcoin after exploiting a vulnerability in a widely used Webhost that gave unfettered access to eight victims' digital wallets. More than 43,000 of the stolen BTC belonged to a Bitcoin trading platform known as Bitcoinica, the company's CEO and lead developer, Zhou Tong, told Ars. Another 3,094 BTC were lifted from the virtual purse of Marek Palatinus, a freelance programmer from the Czech Republic. He said in an interview that a separate Bitcoin user he's been in contact with lost 50 BTC to the same attackers. And Gavin Andresen, the lead Bitcoin programmer, told Ars he lost all 5 BTC he had stored in one online account.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.