Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoinica's "Hot Wallet" loaded hours prior to the heist?
by
Phinnaeus Gage
on 18/06/2012, 06:37:10 UTC
I'm no expert on "hot wallets" or "cold wallets", but it seems strange to me that a majority of the transactions that funded Bitcoinica's "Hot Wallet" which was stolen, was transferred to said wallet only hours prior to the heist. The only main exceptions are four large transactions on the 9th, the time frame of which genjix was in Germany.

0i!

I'm in Berlin for a while. I'm doing a Bitcoin intro at c-base. If you want to do a talk, then email me (genjix@riseup.net) and I'll add you to the schedule.

11th May (Friday) at 20:00
http://maps.google.com/maps?q=c-base,+berlin&hl=en&sll=37.0625,-95.677068&sspn=44.069599,69.082031&hq=c-base,&hnear=Berlin,+Germany&t=m&z=15
U-bahn Jannowitzbrucke (1 away from Alexanderplatz)

https://bitcointalk.org/index.php?topic=81045.msg894400#msg894400     DATE/TIME = May 11, 2012, 09:19:07 AM  Berlin Time?
Quote
This is the first we have heard of this attack (on the forums just now). zhoutong did not even tell us yet. We were gradually assuming control of Bitcoinica over the last weeks by setting up a new platform.

There shouldn't even be that much money in the live wallet. I'm waiting to get more information before saying more though. This is kind of ridiculous considering that already money was lost on Linode. The big question going through my head is why was that much money being stored on a Rackspace server.

I am angry that our name is being dragged through the mud for something we had no part in.


Quote
Received Time   (2012-05-11 12:18:15)

Included in block     179688       (2012-05-11 12:30:33 +12 minutes)



1KgTc9RSE91fS4Cfc48rbkkkGEHhjLhe7V (78.6284349 BTC - Output)      (2012-05-11 11:31:02)

1CMKwkqWVD6BiuHWtrBFTiiCSuSxyyN677 (4,749 BTC - Output)           (2012-05-09 22:59:22)

1KsssDbhj8sW5rvcQ6NHiNoxU2wmSVUrQT (3,750 BTC - Output)            (2012-05-09 22:59:22)

1Fs1ixzNdPDqLcvsNieUtxd6nX5mZ67SR3 (3,199.9375078 BTC - Output)   (2012-05-09 22:59:22)

1PqfGjpgZpdd4gbbGUsUWPJkVaVqoSLizY (3,519 BTC - Output)              (2012-05-09 22:59:22)


1PMCKJc5dy5qiXEjCLE7rNN38F117txf8D (10 BTC - Output)                     (2012-05-11 03:02:15)

1Fy7piz4aEJBNLUZKUfA6fDQuYyavbod7m (0.16584402 BTC - Output)      (2012-05-11 08:46:53)

1FnkfHqrBVWVSRxqkKW72frCTujmo2tt9R (5.29830025 BTC - Output)      (2012-05-11 02:47:04)

1A62DnxpWARroVYXM7X7huZe7kysMug3mM (2 BTC - Output)                 (2012-05-11 05:15:24)

12t1Dp1Cat6z7cnMGP5oGE1LsxD8wNJZTE (19.827246 BTC - Output)       (2012-05-11 02:47:04)

15EKqUPkSb6DfoMmKgatMskiAkwCdh8n7b (0.22150824 BTC - Output)     (2012-05-11 10:01:37)

1KuNvyWFqc5wBSWUCyJLDgv12vequwMMCS (0.0005 BTC - Output)        (2012-05-11 03:20:13)

1A62DnxpWARroVYXM7X7huZe7kysMug3mM (0.5 BTC - Output)               (2012-05-11 05:55:08)

1KxFvsetNsiPP6oKcHAe3D29Wq2R2Kzfxu (700 BTC - Output)                   (2012-05-11 05:15:24)

1DMcPxrjDxQ7DpnPhNVnx2Pgs8jiwk7EiX (4 BTC - Output)                        (2012-05-11 07:42:06)

1JRvN52epYmWdk3bZXE3sZxgVeTo5qN3LS (27.8375165 BTC - Output)      (2012-05-11 05:55:08)

1HPnh4o5pmmK1784TjtPyVTFj3mhyiBajn (0.01306063 BTC - Output)          (2012-05-11 05:23:51)

16ighKEKdAPqPDhw3r8KfmjhQWVHSBzBeU (10 BTC - Output)                  (2012-05-11 08:46:53)

19WsmzLuZW25WtvGLmhzVjCcRDf4KAmjYz (0.001 BTC - Output)             (2012-05-10 13:55:01)
  
1kvhbNMVbwEV1dPhh5QKfPdf8Z5DoW7zc (6.35 BTC - Output)                  (2012-05-11 06:22:44)

16ywQheQqeGMjjBeREPQ5motMQZfHghDKi (0.01593486 BTC - Output)     (2012-05-11 05:55:08)

142xFX8VJNmdkPTvMrff4rRG5d11NHEAA8 (0.001 BTC - Output)                 (2012-05-11 08:39:40)

1KuNvyWFqc5wBSWUCyJLDgv12vequwMMCS (0.001 BTC - Output)            (2012-05-11 08:39:40)

16Htoo4s3jMmRFzCqU32HtQhpWJnF7FJ21 (49.17813057 BTC - Output)      (2012-05-11 05:15:24)

1JfAAbfKAK6nNVNr9bdRuMwzM7ojuBS6gh (0.87420583 BTC - Output)        (2012-05-11 05:56:52)

18MsaLYNa5a6Un5qauip1EChxQ4ibrNBhj (8.7136648 BTC - Output)             (2012-05-11 05:15:24)

1vgTYAxdF1DaKXUP1SAAe4QmJ95MJh5HG (0.2 BTC - Output)                   (2012-05-11 08:46:53)

1EdgCDGYBn4twN1doYzQ9bUozBsuCJFY93 (50 BTC - Output)                    (2012-05-11 10:01:37)

1kvhbNMVbwEV1dPhh5QKfPdf8Z5DoW7zc (13.99 BTC - Output)                   (2012-05-11 05:23:51)

18RoAhyH8FsFWXCF54owJzReKch5MAMHsg (2,341.91382183 BTC - Output)      (2012-05-11 05:15:24)

I don't quite understand the below, given the above (Note Times).

https://bitcointalk.org/index.php?topic=81045.msg894305#msg894305
Quote
We have over 80% of our Bitcoins in offline wallets at the moment before the attack. We had to keep a large balance because the withdrawals are huge!

The time zone in Germany was mid-afternoon when the hack occurred. ZT claims genjix was asleep. Exactly what were the other principle's local times when the hack occured?

https://bitcointalk.org/index.php?topic=81045.msg894435#msg894435
Quote
Please don't blame genjix. It's definitely not his fault.

He's not in our mailing list so it couldn't be him.

Well, shit just happens and it's not anyone's fault or incompetence here. I'm the only guy awake when the incident happens.

After we're done discussing this issue, I'll have an even better question(s) waiting in the queue.

~Bruno~