iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Another #Bitcoin Site Bites the Dust After Being Robbed of Every Coin Held

“Another Bitcoin site disappears.

This time Flexcoin — which called itself a Bitcoin bank — has announced that it’s going out of business after a huge theft that has wiped it clean.

This is the announcement. There’s no sugarcoating it. Somehow all the Bitcoins were just taken.

On March 2nd 2014 Flexcoin was attacked and robbed of all coins in the hot wallet. The attacker made off with 896 BTC, dividing them into these two addresses:

1NDkevapt4SWYFEmquCDBSf7DLMTNVggdu

1QFcC5JitGwpFKqRDd9QNH3eGN56dCNgy6

As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately….”

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