Cryptocurrency exchange Cryptsy, which trades bitcoins as well as more than 100 types of “altcoins” such as litecoin and namecoin, disclosed Jan. 15 that it was robbed in 2014. As a result of the breach, the exchange has now suspended all trades and says it will file for bankruptcy unless the stolen bitcoins are returned.
Florida-based Cryptsy says the attacker stole 13,000 bitcoins, worth $5 million today,
as well as 300,000 litecoins, worth $970,000 today. The Bitcoin exchange says the theft was not related to the recent
phishing and distributed denial-of-service attacks that it’s suffered. It suspects that the most recent developer
behind Lucky7Coin – LK7 – is the culprit behind the attacks, based on a backdoor that it found inside its network.