Either that or contract got hacked somehow...

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847643)

PANIC is in the air

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847709)

Jesus Christ I'm gonna go pour a strong drink and get high as fuck

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847768)

Jesus Christ what the fuck.

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847785)

But it sounds like they just got contacted that it was actually a benevolent actor so the funds are saved

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847851)

right because they started their ico using parity before the parity exploit took place

jfc

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847870)

good news is we might get some more cheap eth out of this.

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847819)

Still kicking myself for not getting in at $140.

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847836)

<MASSTelegram> <yaksbeard> we knew there was 2 conditions, both of which we were prepared for *IF* we got to them first

<MASSTelegram> <yaksbeard> 1) we have enough to buy out the contract, we managed to come up with 1000eth

<MASSTelegram> <yaksbeard> so if at any point the contract needed 1000eth, we would instantly do what just happened

<MASSTelegram> <yaksbeard> 2) block end, we had a script set up to basically bring eth's blocks to its knees for the last blocks of the contract calling the end so our contract would wipe it and send it to us

<MASSTelegram> <yaksbeard> we tried all of our contacts to raise more money temporarily and came up short handed

<MASSTelegram> <yaksbeard> we couldnt say anything because it would just make us more of a target for someone who had the money

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847789)

<MASSTelegram> <yaksbeard> we had everything in place to protect it after the multisig hack the only possible way would be an attacker with more funds than we had waiting, which is what happened

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847867)

*BUT*

it wasnt a bad guy

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847889)

ah okay i see. LJFL at him talking about this with his therapist. though i dont blame him.

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847905)

Someone swooped in and did it though. They thought it was malicious at first but it sounds like it was actually a good dood. It's still developing though

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33847917)

On Wednesday, July 19th, 2017, an exploit was found in Parity’s multisig

wallets. This exploit allowed anyone to take control over said wallet

and perform any regular function, including transferring ether and

killing the wallet. The presale contract that was launched had a

multisig wallet that was vulnerable:

https://etherscan.io/address/0x63c0f17c1f72e1315e3d4f8a89a37d95f1314793#readContract

Due to the nature of the presale contract, it was impossible to change

the contract owner or outgoing address where the funds are sent. Once we

learned of this exploit, we suspended all advertising and contacted the

White Hat Group as well as other key Ethereum experts on our next steps.

We were given a contract to be used to buy out the remaining presale and

end it all in one fell swoop, sadly, we were not able to secure enough

funding to completely buy it out. In the interim, we had a server setup

and running performing the following:

• Check if the presale contract is sold out. If it is, takeover the

wallet, call endPreSale, and get the funds out of the wallet in one block.

• Check if the presale contract had < 1000 Ethereum left to sell. If it

did, we’d call the aforementioned contract to buy it out, end the

presale, and recover the funds in one block.

• Check if the current block is within 5 blocks of the presale ended.

If it was, it would start sending commands to a contract to start the

recovery process without the use of any extra funds.

Due to the exploit, we were unable to publicly announce anything since

anyone could have come in and simply killed the multisig wallet, thus

locking the funds in the contract forever. Instead, we contacted trusted

parties to try and secure funds to try and buy the contract out.

At 10:15pm EST, July 24, 2017, the presale contract was sold out and

drained in one block. At first, we assumed the party responsible was not

working with our interests in mind and had come to the conclusion that

the funds were lost. Several minutes later we received an email from a

white hat hacker that submitted proof they had the funds and are willing

to return them in full. We are still working with this person to secure

the funds, but steps must be taken to ensure that both parties are who

they say they are.

Regardless of your opinion of Ethereum, this only proves there are a lot

of good people in the community that want to help out in any way they

can. More updates to follow as we receive them.

If you have any questions please feel free to contact us here, or on

Telegram or Slack, or IRC.

As always, thank you again for your support.

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33848396)

I tried to think through "oh man I remember they mentioned parity a week or two ago in the telegram, what if I'd been the one to steal their ETH?" and realized if I had I'd feel like absolute shit for the rest of my life

So maybe it was a greyhat who felt guilty idk

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33848482)

this was such a great thread. yesterday and today have been fucking AMAZING for nuthouse crypto threading.

i sold half my BAT :(

(http://www.autoadmit.com/thread.php?thread_id=3684026&forum_id=2#33854155)