# A major "theft" of cryptocurrency in November 2017?

Despite its being carefully designed for security, piles of hundred of millions of dollars lying around "in the bits" are bound to attract some clever schemes, and there have been a few quite notable thefts/swindles/heists of cryptocurrencies.

Biggest and most famous, probably, was Mt. Gox, in which per Wikipedia,

approximately 850,000 bitcoins belonging to customers and the company were missing and likely stolen, an amount valued at more than $450 million at the time.Although 200,000 bitcoins have since been "found", the reason(s) for the disappearance—theft, fraud, mismanagement, or a combination of these—were initially unclear. Another major event was the DAO heist. Again per Wikipedia, users exploited a vulnerability in the DAO code to enable them to siphon off one third of The DAO's funds to a subsidiary account. On 20 July 2016, the Ethereum community decided to hard-fork the Ethereum blockchain to restore virtually all funds to the original contract. Will there be a significant theft of cryptocurrency during November 2017? For an event to count as positive resolution it should fulfill the following criteria: • The total amount stolen/swindled/siphoned should must exceed$500,000 in value (using the cost of the currency at the time of theft.)

• The event should be generally described in articles as a "theft" or similar words. (Rather than, for example, a "scam" or a "swindle.") Thus for example a "pump and run" scheme would not count, but impersonating an exchange or company server to redirect funds would.

• The theft itself, in terms of coin transfer, should take place between Nov. 1 and Nov. 30, inclusive.

• Resolution is still positive if the funds are "recovered" in some way, e.g. as in Ethereum's hard fork.

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