Stolen XRP ( Ripple ) from my coinpayments.net account

in #bitcoin7 years ago

hello everyone you might want to be cautious about storing your Cryptocurrencies in Coinpayments.net as i had 18350 ripple coins stolen. they didn't even leave a penny, just like the Grinch who stole Christmas. the website admins say they are working on getting all the coins returned to hundreds of affected accounts. they sent me and others the following statement:

It is with deep regret we must inform you of an error we discovered in our Ripple service on June 5th, 2017 that allowed a few users to withdraw excessive XRP from hot wallet XRP accounts. Our records show that you are one of the users affected by this unfortunate activity. The issue was hard to detect because of the rarity of circumstances where it could happen. We have done a full review of our systems and added additional checks and protections to make sure similar issues don't occur in the future.

This isolated incident is the first of its kind on our platform and affected only ripple wallets which were not taking advantage of our long-term coin storage solution, the Vault. The people who exploited the glitch were not hackers, but other long term users of our service who made errors or chose not to report the discovered issue and ended up withdrawing other client’s XRP. Their detailed personal information has been collected and they all have been contacted to return the funds immediately. We are in communication with some already and reclamation process has begun with the help of our lawyers. Early response indicates that honesty appears to be prevailing. Some of the funds have already been returned and through a series of escalating steps we will be making every effort to ensure the XRP is returned to its rightful owners. We will be working diligently with local and international authorities for the safe return all balances and will proceed with criminal prosecution of those who do not return the funds willingly.

Your patience is greatly appreciated as we work through this matter. Note that your balance has been updated to reflect your new balance. Our support staff will not be able to give any information regarding the situation or adjust your Ripple balance.

We would like to remind everyone that any coin stored for an extended period should always be Vaulted. This service is free and offers the highest level of protection for any funds kept online. Additionally, we will dedicate 1/4 of our revenue flowing directly to effected users until we restore all of the missing value in their accounts. All coins recovered will be evenly distributed among all accounts effected as those come in.

Sincerely,
Alex Alexandrov
Chief Executive Officer
CoinPayments Inc

be careful guys.......there is no guarantee i will ever see my coins

Sort:  

Hi, I am researching Ripple wallets so I can move my coins from the exchange and just came across this situation with CoinPayments. I am wondering how this ended up? I hope you got your XRP back? Do you have any recommendations for secure/stable Ripple wallets (preferably) ones that don't hold on to 20 of your coins for giving you the address? Any advice for storing Ripple would be appreciated. ~thanks

Coin Marketplace

STEEM 0.19
TRX 0.16
JST 0.030
BTC 63787.47
ETH 2643.68
USDT 1.00
SBD 2.83