silverpv wrote:Might be a combination of two things.. api and phished. Theres rumors of malware bot but also instances of people not using bots. I have the api on and my funds are still there. I think Fabio is also a custom bot. It's the guys who bought a bot that might've got screwed or tried to get a "free" trading bot. Phished sites might've held on for awhile from previous compromised accounts 2FA can be defeated if you enter enough keys. The last possibility is system compromise in binance, but all of us would've been affected.
Looks bad, but a few of my limit sells triggered, very clever maneuver by the hacker/s. By doing this you don't know who hacked and its all kept internally in the system.
My thought is they got this tactic from the recent nem hack. After XEM was hacked $400=$500M at the time, they decided to tag the accounts that got these coins. What ended up happening was the hacker started sending compromised funds ($100) to random accounts on the address list which made the tag useless. By doing this inside binance through other coins and pumping and dumping several it mixes with the general population. very clever.
I think your explanation makes sense. So this is what I think happened based on what you've said. I think people were using bots they got for free (as in, downloaded without paying for them), thinking even if the bot is not legit, it can't take funds out of your account since when you set up the API key, you can specify what the bot can and can't do, so set the API where the bot can't withdraw funds.
So whoever these hacker guys are, they released these bots for free knowing they couldn't take the funds out of those peoples' accounts, but they can trade and they bought up the coin they wanted VIA, driving price up and then these hackers put sell orders on their own stack of VIA which they had previously bought cheaply. So in a way they created a pump with other people's money and without their knowledge. Very clever.