Hacker cracks indie’s PayPal account, orders PS4s with crowdfunded cash

by Jessica Conditt, With three days left in the Secrets of Rætikon Indiegogo campaign, developer Broken Rules discovered its PayPal account had been hacked and someone had spent $2,500, in part to order three PS4 consoles, studio co-founder Martin Pichlmair told Joystiq.raetikon-01-1373396021
Broken Rules contacted PayPal and put a stop to the spending, and PayPal assured the studio that all of its money would be returned. Pichlmair said he believed the account’s password was cracked. Broken Rules since regained full control over its own account, making it safe for backers to continue donating.

“This feels like someone breaking into your house and we were super-stressed out for a whole day,” Pichlmair says. “We’re on the last stretch of our crowdfunding campaign and this incident is really taxing …. Gladly there wasn’t too much money on our PayPal account at that point.”

Secrets of Rætikon has a $40,000 campaign on Indiegogo and has raised $10,900 with three days to go – but it’s a Flexible Funding project, meaning Broken Rules gets to keep whatever money it makes, regardless of reaching its goal. Secrets of Rætikon was a stylish exploration and puzzle game that we dug at GDC Europe this year.

All that Broken Rules had to identify the hacker was a “dodgy Gmail address,” so there wasn’t much chance of catching anyone, Pichlrmair said. As for the return of its stolen money, he said he’d believe it when he saw it. Pichlmair planned to update backers no matter how the hack shook out.

“We try to be honest even if it is to our detriment,” he said. “That’s us.”
More On


This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

NPRAfter Outcry, Crowdfunding Site Patreon Backs Off Plan To Raise ...NPRThe popular crowdfunding service Patreon has backed off plans to change its payment structure, after widespread, vocal and passionate opposition from creators and their fans. Last week, the site announced it woul [...]

ForbesCrowdfunding Do's And Dont's From iFundWomen's Karen CahnForbesDuring our conversation, she was transparent in sharing that her first software company, VProud, failed because she “did everything backwards” and spent too much time trying to perfect the product. “Pe [...]

TechCrunchHow hate speech crowdfunding outfit Hatreon crept back online ...TechCrunchIf you want to make a living creating white supremacist content, you're probably not going to do it via sites like Kickstarter and Patreon, which prohibit hate speech. Fortunately there's Ha [...]

EntrepreneurWhy Some Small Business Owners Are Turning to Crowdfunding to Save Their CompanyEntrepreneurMany owners of beloved local businesses, especially in pricier cities, have been forced to swallow their pride and appeal to their customers in times of crisis -- a process streamli [...]

Times of IndiaPT Usha takes to crowdfunding to run schoolTimes of IndiaCHENNAI: Legendary athlete PT Usha, called 'Payyoli Express' by her fans, has taken to crowdfunding and raised Rs 20 lakh to train budding girl sprinters and runners at her school in the hope of turning t [...]

Crowdfund InsiderNew Investment Crowdfunding Platform Launches in North Carolina as Full Stack Platform Including Intrastate NC ...Crowdfund InsiderUnder NC PACES, or “North Carolina Providing Access to Capital for Entrepreneurs and Small business Act,” crowdfunding legislation, issue [...]

ChronicleLiveNo need for banks as North East businesses turn to crowdfundingChronicleLiveCrowdfunding has developed a reputation for helping weird and wonderful projects become a reality. But while creative projects have utilised crowdfunding for some time, more and more North East bu [...]

Crowdfunding For French CastlesNPRYou too can own a French chateau, in part, anyway. Romain Delaume, CEO of Dartagnans, tells NPR's Scott Simon about a crowdfunding effort underway to preserve La Mothe-Chandeniers. SCOTT SIMON, HOST: What if I told you that for about $60, you cou [...]

TechCrunchFormer Gawker employees are crowdfunding an effort to buy Gawker.comTechCrunchWhile Univision acquired most of Gawker Media's sites last year (and renamed them as the Gizmodo Media Group), the deal didn't include Gawker itself. In fact, BuzzFeed reported last month [...]

CFB Finance


  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |