What happened
A suspected long-running con likened to the infamous Bitcoin Savings and Trust, Bitcoin Rain finally defaulted on March 28, 2013. Leandro César claimed there was a security breach on his exchange website Mercado Bitcoin. As Bitcoin Rain's funds were stored there, investors in Bitcoin Rain, as well as account holders on Mercado Bitcoin, lost money.
Case & protocol details
Classification
CeFi
Protocol Type
Exploit/Other
Official Website
btctokenoff.xyz
Protocol Twitter/X
@Bitcoin_ai_off
Evidence & learning
Sources and on-chain records
- report Report bitcointalk.org
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