Quote from: mullick on December 29, 2016, 11:11:33 AM

Quote from: o0o0 on December 29, 2016, 09:26:53 AM

what level of wallet access did you have on the exchange and could you have seen that the values of cold wallets didnt add up with all the support ticket queries?

All hot wallets except NXT. Some cold wallets. Anything of substantial value (btc, ltc, dash, doge etc.) I did not have access to the cold wallets. Some coins I could dig in and find the cold wallet balance by basic blockchain tracing. If it was active with coins going in and out of cold storage often then I could not.

Quote from: o0o0 on December 29, 2016, 09:26:53 AM

there was mention of paul vernon being alerted of a hack in 2014. i believe at the time from pauls blog or an interview that it was a cryptsy employee and im running rough here but i thought there was mention of either mullick or jshock. if this is the case and it was you why was there no report done to authorities to limit loss.

Yes, myself and the network admin Logan were alerted of a breach. We were informed Paul had contacted the authorities.

Quote from: o0o0 on December 29, 2016, 09:26:53 AM

as a wallet guy surely you saw many bitcoin leaving to coinbase. why was there no kyc on paul sending it and checks for audit when customers were subjected to worse especially when customers were told regular filings were made. if filings were done wouldnt authorities realise payl was doing huge withdrawals that didnt match revenue?

I did not have access to the database and did not monitor transactions. My job as far as wallets were simply to ensure the servers were secure and the wallets online. The only times I was concerned with a wallet balance was when it was empty ( contact paul to fill) and when it had too much value in it (send coins to the cold wallet deposit address Paul provided). Paul monitored wallet balances, transactions and making sure we had as much of each currency as customers had on deposit. As far as any reporting done on Paul there would not have been any evidence on the website. Paul was the only one monitoring for withdrawals not initiated on the website. He could go directly to the wallet and move funds without anybody but him knowing.

But there were no cold wallets... That would imply they could not be hacked and yet they were...