Here's my topic on
Best practices for Bitcointalk escrow providers, with links to the case where $50k was scammed.
@OP: any chance you entered your password on a phishing site? Chances are you got a link by PM before your account got hacked.
This is what I would have expected:
- Buyer and seller provide payment and shipping details to escrow.
- If all agree on all terms, buyer pays escrow and seller sends product to escrow.
- Escrow verifies product.
- Escrow releases product and payment only if everything is okay.
Without this, escrow provides fake security. It can go wrong on so many levels if one of the parties is an innocent Newbie and the other an advanced scammer.