- Token Economy
Victim: Flexcoin and users
Perpetrator: IP address 22.214.171.124 Official statement from Flexcoin.
Transactions of interest: Official statement from Flexcoin.
Amount: Exactly 896.10380000 BTC Sent to 1QFcC5JitGwpFKqRDd9QNH3eGN56dCNgy6: 304.00000000 BTC
Sent to 1NDkevapt4SWYFEmquCDBSf7DLMTNVggdu: 592.10000000 BTC
Transaction fees incurred in sending: 0.00380000 BTC
Equivalent in USD: 738240 $
Equivalent in January 2014 BTC: 896 BTC
Canadian-based Bitcoin “bank” Flexcoin reported a security breach causing the loss of most hot wallet funds, thanks to a race condition. Creditors were not reimbursed.