Quote from: Spoetnik on July 15, 2014, 05:11:34 AM

I am sure many of you know about a recent incident (couple weeks ago now i think)
Where some guy had found a way to exploit Cryptsy..

I had been "given" info from a few random sources as to what happened and i pieced together what i knew and had posted it briefly (on another topic the other day)
So it seems now after i have posted on this forum the Cryptsy staff are in a frenzy insisting they were not "hacked"
Makes sense because if it didn't happen their name is getting slandered unfairly.. i get that.

But i can summarize what i have heard about the incident and then ask you all do you consider that a hack or not.. please vote !

I was gonna let this all slide but since i have essentially been attacked and threatened and banned ..here comes the drama lol

Cryptsy i might add, so far has said virtually nothing publicly about what happened and at most had left a cryptic / vague message on their Main Page Twitter feed before.
Saying they simply rolled back "Points" ..obviously trying to down play it as much as possible.

So anyway the short version of what i heard from guys who where there when it happened and a mysterious un-named guy
was that Points was "Exploited / Hacked" and some guy had figured out a way to pretty much acquire on their systems HUGE massive amounts of POINTS.
- Note: Points is Cryptsy's exchange currency of sorts.. a points program of some kind i think (not sure what to call it)
So after this mystery guy had got his unlimited points he was able to dump them for Bitcoin to the point the market had been dumped down to 4 satoshi's.
What happened at that point no one knows *publicly aside from Cryptsy found out and rolled back the points sell order / dumping.
And i assumed they banned the guys account.
At that time a mysterious character was popping up claiming to have been locked out of his account and another person and myself saved the guys ticket number
and said when we see a mod we would pass the ticket number on and try and get the guy some help on his account issue..
When i seen one of the mods i posted the guys ticket number and said can you help the guy with his account problem?
i was banned on the spot with no warning by an unseen mod (prob Jshock i assumed) ..so that was fishy lol

So another week or so later the same mysterious character popped up and was saying his account was locked and he would not tell me
if he was the same guy as before i tried to help out.. it was him though i am sure of it !
So since i had the fish on my hook and i was pretty sure i knew what was going on and i started to poke and prod this mystery guy about the Points Hack..

I started by telling him many times i was jealous of what he did and he should just tell me how to do it.. and he kept playing broken English dumb sort of..
And after a little while he dropped the act suddenly and started speaking rather confidently and was no longer sad about his account being locked
but was laughing his ass off hard and in a great mood and saying directly to me little comments like "what do i spend $89,7404 dollars on ?"
So i am pretty damn sure that was Mr. Points Thief based on ALL his comments combined and the rest of the info i had gotten etc..

The mystery guy nor Cryptsy ever said coins were stolen and taken off their servers 'AND' i did NOT say that happened at any time either !
BOTH parties were extremely vague as to what happened technicaly so anyone on Cryptsy Chat seeing it all or elsewhere had no recourse but to speculate..
And my guess was he dumped points down to 4 sat's and got Bitcoin of course then quickly pulled that Bitcoin out and cashed that Bitcoin out for over $89k usd
I think that is a rational assertion to come to..

Bottom line is i did not post false information anywhere at any time nor do i ever.. contrary to slanderous chat box comments implying i do i just got from JShock.
Further more i have repeated what information i had no more no less... i did not exaggerate or add to it etc. (i chose my words carefully as i ALWAYS do)
As it stands we were all told nothing and the market was rolled back ..screwing some people in the process who had dumped to buy up cheap points etc..

So explain to me how i don't have the right to call it a HACK when Cryptsy has to roll back the market and a guy says he got $89k ?
Sorry but if there was no hack then there would be nothing to roll back now would there ?

So hey why did around the same time the SAME GUY win the POINT'S drawing three times ? Care to answer why that happened ?

People deserve answers.. i *tried to provide what info i had nothing more.
Maybe you guys running exchanges should be transparent about hacker incidents and we won't have to piece together info to figure out what happened ?
It's on you guys NOT me !

So VOTE ? IS a confirmed and verified Exploit considered a Hack ?

Further reading ?
http://en.wikipedia.org/wiki/Exploit_%28computer_security%29
http://en.wikipedia.org/wiki/Hacking:_The_Art_of_Exploitation_Second_Edition

As I stated in your previous post. The problem was quickly identified, corrected and no funds ever left Cryptsy.