$6 000 000 USD

NOVEMBER 2013

MARSHALL ISLANDS

PICOSTOCKS

DESCRIPTION OF EVENTS

"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."

Amazingly, this service (not quite an exchange but more a tool to invest in ICOs) is still operating despite this hack back in 2012. The obvious problem at the time is that their cold wallets weren’t actually cold wallets and were definitely not secure storage.

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

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