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Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

69 pointsby FuturisticLoverabout 7 years ago

9 comments

sspiffabout 7 years ago
At the risk of sounding pedantic, can we not use the term crypto for cryptocurrency or blockchain related stuff?<p>Crypto already has a well defined meaning that is in common use, which is related to cryptography, not cryptocurrency.<p>Edit: Post title was changed to use the full word &quot;cryptocurrency&quot;, great :)
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berberousabout 7 years ago
The livestream had nothing to do with it. Here&#x27;s how he says he thinks he was hacked (from the bottom of the article):<p>&quot;This is how I think I got hacked. My college email was listed as a recovery email to my Gmail. I remember getting an email about it being compromised, and tried to follow up with my college security to get it resolved, but wasn’t able to get it handled in fast manner and gave up on it thinking it was just an old email.<p>I kept text versions of my private keys stored in my Evernote, as encrypted text files with passwords. I think they hacked my email using my college email, and then hacked my Evernote.&quot;
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jasonwenabout 7 years ago
I think its an exit scam. He will not be able to sell coins without upsetting his following, because he sells and then announced it on his channels. This will be followed a major dump and his followers will lose significant value during this dump.<p>Perfect cover up to liquidate his assets while covering his ass. No person seriously into crypto (especially with his amounts) does not keep it in a hardware wallet.
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capoditutticapiabout 7 years ago
I thought Gmail required a phone number as well when 2FA is configured and someone is trying to recover their account. Otherwise it would be to easy to bypass. But maybe the dude just likes to live dangerous by keeping his millions in a cleartext evernote file.
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rajacombinatorabout 7 years ago
Sounds like a great marketing hack &#x2F; donation scam quite honestly.
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tomglynchabout 7 years ago
Lots of talk about this being setup and a way to get out of taxes (which are apparently due tomorrow in the US). Any chance this could be the case?
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n3dmabout 7 years ago
&gt;I kept text versions of my private keys stored in my Evernote, as encrypted text files with passwords. I think they hacked my email using my college email, and then hacked my Evernote.<p>&gt;Storing private keys for wallets worth $2,000,000 online...<p>A fool and his money are soon parted.
bredrenabout 7 years ago
Keys kept in plaintext on Evernote.
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jiveturkeyabout 7 years ago
not to lack compassion, but lolol