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August 08, 2011, 02:38:18 AM |
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All these TOm Williams Press releases doesn't add up to his assett claims, The press releases speak for them selfs, I have highlighted in Red the parts of importance..
Latest Assett Release, Which is total bullshit if compared to his excuse in the press releases...
Sunday, August 7th, 2011
MYBITCOIN ASSETS AND LIABILITIES DISCLOSURE
Liabilities (Bitcoin) Assets (Bitcoin) Percentage
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154,406.34272079 75,666.76066691 49%
Now his 2nd Press Releasing stating how these got stolen
Friday, August 5th, 2011
From the desk of Tom Williams, operator of MyBitcoin.com
For immediate release.
SECURITY BREACH DISCLOSURE
After careful analysis of the intrusion we have concluded that the software that waited for Bitcoin confirmations was far too lenient. An unknown attacker was able to forge Bitcoin deposits via the Shopping Cart Interface (SCI) and withdraw confirmed/older Bitcoins. This led to a slow trickle of theft that went unnoticed for a few days. Luckily, we do keep a percentage of the holdings in cold storage so the attackers didnt completely clean us out. Just to clarify, we werent fully hacked aka rooted. You can still trust our PGP, SSL, and Tor public keys.
It appears to be human error combined with a misunderstanding of how Bitcoin secures transactions into the next block. Our programmer was under the assumption that one block was good enough to secure a transaction. Two years ago when the software was written, this single confirm myth was a popular belief.
In hindsight we should have credited deposits after one confirmation so they would show up in the transaction history, and held the deposit until it reached at least 3 confirmations. Keeping track of two balances and displaying them in the login area would have been trivial.
So from the above we can assume that a single attacker was "trickling" out bitcoins, Tirckly out is NOT 75,000btc and over half its assetts in bitcoins. But lucklily they keep a percentage offline, So now he is saying not only did this single attacker trickel out bitcoins but he could have only done it on a percentage of the coins as the rest are offline. He also states they didn't get cleaned out, If the singlwe attacker took 51% off ALL his assetts and a percentage of that assett was offline how can you claim this, it just doesn't add up.
His first press release...
Thursday, August 4th, 2011
From the desk of Tom Williams, operator of MyBitcoin.com
For immediate release.
As you have probably noticed, MyBitcoin.com had been down for almost a week due to an unfortunate event.
On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins. After a prompt investigation we realized that the security of our SCI (Shopping Cart Interface) system had been breached by an unknown attacker.
Our response was rash, but necessary. We simply switched the system off until we could have system-wide forensics performed. The forensics took some time, as the system is quite complex by nature.
After weighing all of our options, we have realized that we have no option but to go into receivership. We will settle all accounts with a online claim process that we are currently in the process of working out.
We will release more detailed information about the security breach, the claim process, and our balance sheet in the next few days.
Tom Williams
Just how many pool holding servers do you have, Logic conclusing must be 2 servers only, 1 pool server with 51% of all your Assetts and another 49% offline, the attacker must have total cleaned out the single pool server that was online holding 51% of total assetts?? sorry im not buying your lies. this does not make any sense...
Anyone else agree these sums dont add up?
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