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Everything posted by kanaas

  1. Might be a good idea to start a class action. Any reason why you proposed Sharovalaw?
  2. 100% agreed. Its the lack off or very poor communication that makes more dammage than they even can imagine. A strong comm, besides chasing the hacker, could have been: Admit your mistakes Admit your full responsability Admit as a result that you must refund ALL claiming victims Explain the plan how you will try to do this, albeit when this has to go overtime The latter could be (helped by present low XRP prices): arrange an option to buy or borrow@ripple the needed XRP otc once you can....
  3. All I can say @gatehub is that ,whatever phase they will go trough, the only phase all victims want to happen is the phase of complete refunding. They may say, and even have the law on their side on it, that they cannot take responsibility because the funds were not in their wallets and that they were just controlling (losing) the keys, fact is that they WILL go bust by any other decision about refunding all the reported losses. A trusted gateway, means you trust them to guard all the funds by lending them the keys. If they do not refund, nobody will trust them anymore, not even to hold you one single XRP for more than a minut .... Refund or die.... simple as that!
  4. I rather think that it is “the truly you” who defines how “rich” you are.... Richness is that line, defined by yourself, that you cross when you can say for yourself and your beloved “now we have enough to live without worries” Some cant even see that line with a few billion $ to “worry” about
  5. Don't know how that legally translates, but there is a fundamental difference between cars/carkeys and cryptoassets/secrets. The first can become physically separated what means that the holder of the keys de facto cannot be responsible for the state of the car neither for the theft of the car, unless that car is placed on an environment that's under his full control (private parking lot, garage). With crypto one can say that the asset virtually is tied and even makes part of the keys and therefor being under full control of the key holder(s). One could say that encryption may separate the keys from the asset, but I think that's a weak argument and as said, I've no idea how this translates to different laws and jurisdictions..... We might soon (?) find out I guess....
  6. With crypto it is a bit more complicated. Holding the keys means holding the funds as well. Its not like just holding car keys. Its like having the keys AND the car in your parking lot AND both under your full responsibility....
  7. Not “just API security”. They were/are the permanent trusted keepers of our secret keys. So it is not like a wallet service or tool being hacked, but it was the entire content of a strongbox they had to guard. Also with crypto, who holds the keys, has complete control and responsibility for money.... Verzonden vanaf mijn iPhone met Tapatalk
  8. Indeed such bank must be a MG client in this example, but they may not want to have a nostro account in every exotic place on earth when it is served by MG....
  9. Huh? They just made a PR of a new member in their suite of crypto based financial products. How can that be spam? Informative publicity at worse...
  10. Something to look up????? 1) @gatehub seems to know WHO of their clients are vulnerable to theft (18K so it seems?) 2) But what separates the vulnerable from those who are safe? My son who still has a wallet with 16K on Gatehub. (I warned him of the ongoing hack but he is so busy that he still didn't find the time to put them safe ). But he told me (just double checked it) that he did NOT receive a warning email grom Gatehub of being vulnerable to a direct theft from the hackers But now he did receive a warning from Gatehub as potential target with phishing. The last payment he made on XRPL was on 5th of Jan 2018 and before that he ONLY received payments from computing for good after the initial activation on 7th of Jan. 2014 For some reason (anyone knows?) he was NOT warned by Gatehub for potential hacking..... And they do have him in their records because he was warned for the phishing
  11. I understand, but as long as it is not 100% clear that the hole was on their site they will not compensate. Also: who to compensate? All who claim? What about unclaimed? What about some still to become a victim (the hack goes on...)? What about those who didnt take action soon enough after the warning? Lots of q to find the right answers first...
  12. More important is to catch the hacker. That’s the first and most wanted target to go after in the first place.@gatehub is, besides us, a victim too. Once the thieves are behind bars and/or the hacking stops one can talk about responsibility and compensation. Not now (not yet) Verzonden vanaf mijn iPhone met Tapatalk
  13. Before blaming Gatehub, I think we've to be sure that is was in some way THEIR fault and we also must distinct hosted wallets from Ripple wallets. The stealing clearly was from the latter in all these recent cases. Ripple wallets are ONLY protected by one or more (in case of multi-sign) secrets and can have access by whatever Ripple wallet. Hosted wallets ONLY can get opened by way of the Gatehub UI. For my part I always took security serious and I still cannot figure out where or what hole I could have left open. But my first conclusion now is more like it might be that hosted wallets on respectable exchanges (like Bitstamp for instance) might be more secure (with strong password and 2FA) than most Ripple wallets like the one on GH. I know the crypto specialists will tell you that cold storage is the way to go, but when it comes to complicated, many like me do not feel comfortable with those, being afraid in making stupid technical mistakes. I always saw the GH Ripple wallet as best of breed as the funds stayed on the ledger and not on the exchange. Have to admit that I saw it wrong.
  14. Yep I've seen it as well. What do you think is suspicious here? All victims seem to have received the same email from GH. So it looks like GH has detected in some way this hacking activity and they have all this "warned" victims as a client. The attackers using more than one account gather the stolen funds doesn't change that.
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