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ID:

picostocks-816

Date:

Status:

Incident Count:

November 15, 2013

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

6,000,000

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Recovered:

-

Rewards:

Currency:

USD, BTC

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Bitcoin

Exchange

Assets

Scams

Extended Method:

Rug Pull

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Days in Operation:

0

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PicoStocks is down for a while and will remain like this for sure over the weekend. Funds from our hot wallet and cold wallet account have been stolen

http://blockchain.info/address/1NzM1bdTKuK9z3pQUCc1raXPezYUenSNWj http://blockchain.info/address/12RAM7r4EraZ5ESU5QJwe8sS3gj3YYEgpF

There is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted.

This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned. We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now

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