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Experts cracked laptop of crypto CEO who died with $137M, but the money was gone

businessinsider.com

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Re: Experts cracked laptop of crypto CEO who died with $137M, but the money was gone

#3
For some reason this sounds like the plot of a movie starring Leonardo DiCaprio.

CEO of Crypto Company...

1) Takes time off to build orphanage in region noted for fake deaths.

2) Subsequently dies unexpectedly.

3) Is immediately cremated.

4) Wife waits a month before saying "oh by the way he is dead"

5) Wife claims all keys on encrypted laptop

6) World watches as wallets mysteriously empty

7) Experts crack laptop

8) All wallets turn up in fact empty

9) $140 million disappears into the ether

https://pbs.twimg.com/media/DOjLuy7VoAATprU.jpg

Re: Experts cracked laptop of crypto CEO who died with $137M, but the money was gone

#4
post #2

Wow! Do we know if this was some sort of scam or what? Thats... just wow....

We don't know, but people have been speculating that the death was faked in order to get away with theft and mismanagement of Quadriga wallets. Every new detail seems to suggest a scam and fake death.

Re: Experts cracked laptop of crypto CEO who died with $137M, but the money was gone

#6
Maybe I don't know much about bitcoin, but can't you track the address where the bitcoins were being transferred to? Seems like it would be difficult to launder that volume of bitcoin all anonymously where it can be tracked, to a certain extent, through the public blockchain?

Re: Experts cracked laptop of crypto CEO who died with $137M, but the money was gone

#7

Maybe I don't know much about bitcoin, but can't you track the address where the bitcoins were being transferred to? Seems like it would be difficult to launder that volume of bitcoin all anonymously where it can be tracked, to a certain extent, through the public blockchain?

There are bitcoin tumblers, essentially the idea is to split up the transaction into multiple transactions of varying sizes to various addresses and to keep doing that in such a way that it doesn't look weird...

Basically they try to hide the transaction among the huge volume of transactions going on, kinda like a VPN or Tor?

Re: Experts cracked laptop of crypto CEO who died with $137M, but the money was gone

#10
post #5

How did they crack the Laptop? Just Bruteforcing a bad password or 0Day-ing the Encryption?

Based on what I've read, the NSA and other white-hat organizations have access to 0-days or have discovered 0-days that can crack these things but they're not released to the public or if they are, they're released years later.
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