Silk Road forums

Discussion => Security => Topic started by: simulacra on May 19, 2012, 02:57 am

Title: Fukn hackers: the story behind BitPiggy's closure
Post by: simulacra on May 19, 2012, 02:57 am
Apparently some hackers, hacked their UBank and deposited stolen funds from other BTC Exchanges. So the person I was buying bitcoins from probably didn't come through bcoz i spose he couldn't access his acc.  BitPiggy's account was frozen after the first hacking, then they re-opened; but the auditors//feds/whoever found more stolen amounts, so they were closed down again. Then that was sorted out, only to find there were more deposited amounts of stolen btc/$! That's one reason I buy in small amounts - I heard it happens frequently to overseas BTC exchanges. Can't these banks truecrypt their clients accounts, or will that send a red flag to their own business's - what's the problem?
Title: Re: Fukn hackers: the story behind BitPiggy's closure
Post by: marsvolta12 on May 23, 2012, 07:46 am
Do you have any sources?
Title: Re: Fukn hackers: the story behind BitPiggy's closure
Post by: Frostbite on May 23, 2012, 11:38 am
Bitpiggy isn't permanently closed, the person who runs it is getting a new bank account, he said so on the forum post, and the people asking for a source should just really google bitpiggy and go to the website lol