“Fool me once. Shame on you. Fool me twice. Shame on me.” –Chinese Proverb.
BTER has the following statement on its website:
7170 BTC got stolen from our cold wallet in this transaction:
720 BTC bounty for chasing it back.
All wallets have been shut down and withdrawals of the unaffected coins will be arranged later.
With transactions frozen, some are claiming an inside job. This comes in the wake of another recent hack, where BTER lost about $1.65M of NXT. The outcome for that incident was a bit more favorable – the exchange was able to negotiate for the return of a partial amount.
How many others are like me – have some coin at BTER, and forgot, or was too lazy to move them after the first hack? Probably in denial, I justified it as an NXT issue. But that was the wake up call and now – shame on BTER – and me.