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by sgornick 5225 days ago
Bitcoinica just reported losing 10K BTC (worth $50K USD) in this same incident. - http://bitcointalk.org/index.php?topic=66961.msg778254#msg77...
1 comments

Saw that too. In past discussions on HN, Zhoutong said he hosted it at Heroku, but apparently they keep the 'hot wallet' alone on Linode instead for some reason, and use that to enable instant withdrawals.

At least Bitcoinica is eating the loss, it's not client money that was directly stolen.