Hacked BitCoin Exchange Sued By Customers 361
judgecorp writes "Bitcoinica, an exchange for the BitCoin virtual currency, is being sued by former customers, after it was hacked. Thieves stole around $180,000 worth of BitCoins in two attacks. The site is now closed, and customers are suing to get their money back."
LOL (Score:4, Funny)
But Bitcoins are secure and stuff! Not like that stoopid fiat currency.
Approximte value? (Score:5, Funny)
+/- $180,000.
Other estimates calculate the loss at "ham sandwich and a glass of milk".
I offer to cover their full losses (Score:5, Funny)
The only catch is that the settlement will be paid out in Trepidicoins.
Re:FDIC insured (Score:5, Funny)
Bonus question -> since I know a few of you are interested in getting into the financial district -> what is the natural consequence of using floating point data types for fiscal transactions?
Answer: The plot to a cheesy super-villain world domination movie about stealing the rounded off pennies on the transactions of his employer, where something always goes wrong and hilarious shenanigans ensue.
Re:It's the server that's not (Score:3, Funny)
Dear Sir,
Thank you for a very insightful and very thoughtful reply.
It definitely deserves an equally thoughtful reply, which unfortunately my brain isn't qualified to do so, at this junction of time.
However, I will give it a very detail and step-by-step re-thinking and hopefully I may be able to find some new insights.
Thank you again, Sir (or Madam) !
Re:LOL (Score:5, Funny)
Now we see the violence inherent in the system! Come and see the violence inherent in the system! HELP HELP I'M BEING REPRESSED! [youtube.com]
Singapore, tax heaven ? (Score:4, Funny)
If I had been one of the victims, I would have sued the site directly in Singapore court. A small tax haven and tax shelter like Singapore is much more likely to want to encourage this type of industry and therefore encourage straight dealings in those types of transactions.
Dear Sir,
I do not know where you get the notion that Singapore being a tax heaven
Before anybody else gets hurt, I need to say that Singapore is NO tax heaven.
Never was, never is, and the way it looks, not likely to be in the future, either
Re:It's the server that's not (Score:3, Funny)
I just got some spam email from a Nigerian lawyer who is offering me 2.5 million bitcoins if I pay 150 bitcoins to help him get it out of the country.
Does this mean that the deal is off?