Cryptocurrency Thefts and Hacks
The cluster discusses various incidents of Bitcoin and cryptocurrency thefts from exchanges, wallets, and users, including famous cases like Mt. Gox, phishing attacks, transaction malleability exploits, and challenges in tracing or recovering stolen funds on the blockchain.
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Yes, and somebody stole a lot of money from them via the blockchain: https://en.wikipedia.org/wiki/Mt._Gox#Bankruptcy;_stolen_bit...
Bitcoin wallet stolen. Isn't this gambling with the money of the people that funded?
you do realize that in this theory, the same person then went and stole thousands of dollars in bitcoins, right? I don't think they were worrying about liability...
Look like they detected this after the fact, and the bitcoin has not been recovered.
how the hell do they get away with kind of heist? Wouldn't they be able to follow the blockchain addresses until arriving at the wallet they are using to cash out?
This is a phishing theft, not lostAs it is possible for cryptocurrency to be lost and unrecoverable by anyone, the distinction needs to be madeSomeone made $1.2mm and there will be no investigation and the team will save face by a couple recompensation means
It's all fun and dandy until someone hacks satoshis wallets.
More likely he's planning to embezzle the BTC since it is hard to control.
Sounds pretty staggering,Two Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrencyhttps://www.justice.gov/opa/pr/two-arrested-alleged-conspira...
Could this be the largest documented heist of BTC in history?