Post
Topic
Board Service Announcements
Re: Inputs.io | Instant Payments, Offchain API, Secure Wallet, 235k+ BTC transferred
by
TheQuin
on 07/11/2013, 15:42:03 UTC

No one noticed for 14 days that their coins were vanishing?

Nothing to notice, it was run like a bank, your balance was still shown but the bank no longer had the funds to pay out. All Ok unless everyone tries to withdraw, a bank run.

When the hacker came back and hit the API, then customers saw their balance disappear, causing the said bank run that led to him having to admit what happened.