Author Topic: bitcoin-trade.biz FAILED  (Read 1133 times)

Offline jadefalke

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bitcoin-trade.biz FAILED
« on: October 16, 2014, 02:06:03 PM »
Dear Clients

Regrettably I have to announce the failure and closure of Bitcoin Trader.

While preparing for the final audit results, a task we were working on for weeks now, our bitcoin wallet has been hacked and emptied, just after exchanging our fiat holdings within the exchanges to bitcoin and transferring our entire holdings to our wallet, in order to proof our solvency.

It is a known fact that I personally opposed any proof of solvency, but agreed to conduct it for the sake of a few dozen small and medium investors.

The hacker contacted me shortly after he took advantage of our holdings and demanded a ransom in order to transfer the coins back. I have agreed to a 25% ransom of the entire sum, but haven’t heard back from him for several days now.

My aim was to create something based on trust, just as bitcoin itself is based on distributed trust. Unfortunately I must admit today, I have failed. All left to do now is to declare bankruptcy with the Panamanian authorities and to hand over all relevant files and information for further investigation.

Sincerely,
John Carley

Offline worldlybedouin

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Re: bitcoin-trade.biz FAILED
« Reply #1 on: October 17, 2014, 10:14:37 AM »
From what I've been reading it sounds less of theft by some hacker(s) but rather John Carley doing a "snatch and grab" of the funds.

Looking for any legal options I have to recover my initial investment...

Offline Sukarti

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Re: bitcoin-trade.biz FAILED
« Reply #2 on: October 17, 2014, 03:47:19 PM »
I would be surprised if him or Michael were even using real names, the only chance at maybe verifying that is if you were one of the Platinum investors with 25k+ and got to meet them in the UK. Assuming that was an actual legit offer.

They used whoisguard and registered in Panama if at all so you won't turn up anything there.

Offline Touka

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Re: bitcoin-trade.biz FAILED
« Reply #3 on: October 27, 2014, 12:48:20 AM »
lol insider job.
It would be like pirates taking over a ship, ran away but is kindly enough to call the captain and say, "hey! i'll give back 75% of it if you let me keep 25%!"