[Breaking]: Coindash website allegedly hacked, 43k ETH stolen from investors

in #coindash7 years ago (edited)

coindash.png

Long awaited ICO of a social trading platform for crypto-markets, often advertised as an "Operating System For Crypto Assets", had an inglorious end. I'm urging you not to send any Ether to any address advertised on Coindash websites or their social channels.
They updated their site after two hours announcing that ICO is officially over! All ether is on the "attacker" address.

43k ETH has been lost, about $7.3m at this price.

You can check it here:
https://etherscan.io/address/0x6a164122d5cf7c840D26e829b46dCc4ED6C0ae48

I always feel that something is wrong when contract address is not published in advance.

I'm not saying that Coindash team did this, but we can't rule them out at this time. Time will tell.

Advice for future ICO's: Always demand that they post address in advance so you can review their contract, or simply check if it has a contract associated with it.

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hacked or the owners scammed?

We can't know for sure at this time. There was a wall of silence on social media (telegram,twitter) after the "hack". Site was down for a few hours. Now they have an announcement. There is a reddit thread about it:
https://www.reddit.com/r/ethtrader/comments/6nsyae/coindash_website_hacked_55_mil_gone_do_not_send/

It's possible it's a hack, but I can't rule out the team behind Coindash. Quite possible it was planned.

nice post............

Cool! I follow you.

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